Trade Paylocity Holding Corp - PCTY CFD

Paylocity Holdng Company profile

About Paylocity Holding Corp

Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM) software solutions. The Company's services are provided in a Software-as-a-Service (SaaS) delivery model utilizing its cloud-based platform. The Company’s product suite comprises of payroll, human capital management, workforce management, talent management, benefits, modern workforce solutions and analytics & insights, delivers a unified platform. Its cloud-based platform provides a unified suite of modules using a multi-tenant architecture. Its payroll and HCM modules provide on-demand functionality, reporting and analytics. Its platform provides self-service functionality for employees and managers combined with integration across all its solutions. The Company's platform also offers an automated data integration with over 400 related third-party partner systems, which includes insurance provider systems.

Financial summary

BRIEF: For the six months ended 31 December 2021, Paylocity Holding Corp revenues increased 34% to $377.7M. Net income increased 85% to $40.8M. Revenues reflect Interest income on funds held for client increase of 1% to $1.9M. Net income benefited from Research & Development Expenditure, Cap increase of 32% to $20.3M (income), Other expense decrease of 23% to $489K (expense).

Equity composition

Common Stock, $0.001 Par, 03/14, 155M auth., 48,921,626 issd., Insiders own approx. 85.6%