Paylocity

Paylocity is a provider of cloud-based payroll and human capital management software solutions for medium-sized organizations. The Company's multi-tenant software platform includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management. Paylocity's payroll and HCM applications use a unified database and provide robust on-demand reporting and analytics. The Company's platform provides intuitive self-service functionality for employees and managers combined with seamless integration across all its solutions. Paylocity supplements its comprehensive software platform with an integrated implementation and client service organization, all of which are designed to meet the needs of medium-sized organizations.

Company Growth (employees)
Type
Public
HQ
Arlington Heights, US
Founded
1997
Size (employees)
2,115 (est)+18%
Paylocity was founded in 1997 and is headquartered in Arlington Heights, US

Key People/Management at Paylocity

Steve Beauchamp

Steve Beauchamp

President & CEO
Michael Haske

Michael Haske

Senior Vice President of Sales and Marketing
Ted Gaty

Ted Gaty

SVP of Product and Technology
Jay Schedler

Jay Schedler

VP of Human Resources
Christina Moriarty

Christina Moriarty

VP of Tax & Compliance
Joe Busald

Joe Busald

VP of Talent Acquisition
Jenifer Page

Jenifer Page

VP of Learning & Development
Brad Schaufenbuel

Brad Schaufenbuel

Chief Information Security Officer
Rob Goldstein

Rob Goldstein

VP of Technical Services
Mitch Hood

Mitch Hood

VP of IT Operations

Paylocity Office Locations

Paylocity has offices in Arlington Heights, Lake Mary, Oakland, New York and in 48 other locations
Arlington Heights, US (HQ)
3850 N Wilke Rd
Springfield Township, US
21 Fadem Rd
Rochester, US
49 Russell St
Nashua, US
20 Trafalgar Square
Boise, US
400 250 S 5th St
Schaumburg, US
1400 American Ln
Show all (51)

Paylocity Financials and Metrics

Paylocity Financials

Paylocity's revenue was reported to be $300 m in FY, 2017
USD

Revenue (FY, 2017)

300 m

Revenue growth (FY, 2016 - FY, 2017), %

30%

Gross profit (FY, 2017)

176 m

Gross profit margin (FY, 2017), %

59%

Net income (FY, 2017)

6.7 m

EBIT (FY, 2017)

7.3 m

Market capitalization (19-Oct-2017)

2.7 b

Cash (30-Jun-2017)

103.5 m
Paylocity's current market capitalization is $2.7 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

108.7 m152.7 m230.7 m300 m

Revenue growth, %

40%51%30%

Cost of goods sold

55.1 m70.9 m98.1 m124 m

Gross profit

53.6 m81.8 m132.6 m176 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

31.1 m34.3 m47.3 m45.1 m55.2 m70.6 m65 m68.7 m90.3 m

Cost of goods sold

15.5 m18 m19.3 m20.2 m24.1 m27.2 m28.4 m30.4 m32.1 m

Gross profit

15.7 m16.3 m28 m24.9 m31.1 m43.4 m36.7 m38.3 m58.2 m

Gross profit Margin, %

50%47%59%55%56%61%56%56%64%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

78.8 m81.3 m86.5 m103.5 m

Accounts Receivable

756 k1.1 m1.7 m2 m

Prepaid Expenses

2.7 m4.4 k7.4 k14.9 m

Current Assets

500.3 m678.8 m1.3 b1.1 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

72.8 m89.5 m93.2 m78.7 m79 m89.7 m78 m82.3 m101.5 m

Accounts Receivable

799 k1 m1.1 m1.3 m1.5 m1.7 m1.8 m2.1 m2.2 m

Prepaid Expenses

3.1 m3 m4.8 m5.1 m5.5 m7.1 m6.4 m11.3 m13.1 m

Current Assets

509.6 m952.3 m831.4 m628.1 m969.5 m1.5 b857.1 m1.2 b116.7 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(7.1 m)(14 m)(3.9 m)6.7 m

Depreciation and Amortization

6.3 m8.6 m13.9 m21 m

Accounts Receivable

(78 k)(449 k)(725 k)(472 k)

Accounts Payable

465 k(186 k)72 k219 k
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(4.9 m)(11.3 m)(9.5 m)(3.4 m)(4.6 m)1.6 m(2.6 m)(4.2 m)10.6 m

Depreciation and Amortization

1.9 m4.2 m6.2 m2.7 m6.2 m9.9 m4.3 m9.1 m14.7 m

Accounts Receivable

(85 k)(345 k)(403 k)(238 k)(428 k)(700 k)(73 k)(446 k)(543 k)

Accounts Payable

(245 k)697 k359 k133 k653 k(606 k)85 k46 k(145 k)
USDY, 2017

Revenue/Employee

157.5 k

Financial Leverage

7.7 x
Show all financial metrics

Paylocity Operating Metrics

Paylocity's Enterprise Customers was reported to be 14.6 k in FY, 2017, which is a 16% increase from the previous period
FY, 2014FY, 2015FY, 2016FY, 2017

Enterprise Customers

8.5 k10.35 k12.5 k14.55 k

Annual Revenue Retention Rate

92%92%92%92%
Show all operating metrics

Paylocity Market Value History

Paylocity Revenue Breakdown

Traffic Overview of Paylocity

Paylocity Online and Social Media Presence

Paylocity Company Life and Culture

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