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. 

Type
Public
HQ
Arlington Heights, US
Founded
1997
Size (employees)
2,115 (est)
Paylocity was founded in 1997 and is headquartered in Arlington Heights, US
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Key People/Management at Paylocity

Steve Beauchamp

Steve Beauchamp

CEO
Michael Haske

Michael Haske

President & COO
Toby Williams

Toby Williams

Chief Financial Officer
Brad Schaufenbuel

Brad Schaufenbuel

Chief Information Security Officer
Mark Kinsey

Mark Kinsey

SVP of Operations
Ted Gaty

Ted Gaty

SVP of Product & Technology
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Paylocity Office Locations

Paylocity has offices in Suffolk, Orlando, Atlanta, Harrisburg and in 47 other locations
Arlington Heights, US (HQ)
3850 N Wilke Rd
Boise, US
400 250 S 5th St
Lake Mary, US
300 615 Crescent Executive Ct
Nashua, US
20 Trafalgar Square
New York, US
809 115 W 29th St
Oakland, US
c 2107 Livingston St
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Paylocity Financials and Metrics

Paylocity Financials

Paylocity's revenue was reported to be $300.01 m in FY, 2017 which is a 30% increase from the previous period.
USD

Revenue (Q3, 2018)

113.4 m

Gross profit (Q3, 2018)

74.8 m

Gross profit margin (Q3, 2018), %

65.9%

Net income (Q3, 2018)

39.2 m

EBIT (Q3, 2018)

20.5 m

Market capitalization (23-May-2018)

3.1 b

Closing share price (23-May-2018)

58.9

Cash (31-Mar-2018)

129.5 m
Paylocity's current market capitalization is $3.1 b.
Annual
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
Quarterly
Annual
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 m7.4 m14.9 m

Current Assets

500.3 m678.8 m1.3 b1.1 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

72.8 m89.5 m93.2 m78.7 m79 m89.7 m78 m82.3 m101.5 m97.4 m111 m129.5 m

Accounts Receivable

799 k1 m1.1 m1.3 m1.5 m1.7 m1.8 m2.1 m2.2 m2.6 m2.7 m3.4 m

Prepaid Expenses

3.1 m3 m4.8 m5.1 m5.5 m7.1 m6.4 m11.3 m13.1 m13.5 m7.5 m16.9 m

Current Assets

509.6 m952.3 m831.4 m628.1 m969.5 m1.5 b857.1 m1.2 b116.7 m1.1 b1.5 b1.5 b
Annual
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 Payable

465 k(186 k)72 k219 k

Cash From Operating Activities

7.2 m11.1 m33 m62 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

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 m543 k974 k40.2 m

Depreciation and Amortization

1.9 m4.2 m6.2 m2.7 m6.2 m9.9 m4.3 m9.1 m14.7 m6.7 m13.4 m20.6 m

Accounts Payable

(245 k)697 k359 k133 k653 k(606 k)85 k46 k(145 k)(101 k)(88 k)429 k

Cash From Operating Activities

(200 k)849 k10.2 m3 m10.8 m29.1 m1.9 m15.4 m43.3 m8.2 m34.2 m69.3 m
USDY, 2018

Financial Leverage

7.9 x
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Paylocity Operating Metrics

Paylocity's Transactions' Volume was reported to be $92b in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017

Clients

8.50 k10.35 k12.50 k14.55 k

Transactions' Volume

$39 b$54 b$74 b$92 b

Annual Revenue Retention Rate

92%92%92%92%
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Paylocity Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Paylocity Corporation
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Paylocity News and Updates

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