Ultimate Software stock price, funding rounds, valuation and financials

Ultimate Software has raised $19 m in total funding. Ultimate Software annual revenue was $1.14 b in FY 2018

$335 M

Ultimate Software Revenue Q1, 2019
Ultimate Software Gross profit (Q1, 2019)205.6 M
Ultimate Software Gross profit margin (Q1, 2019), %61.4%
Ultimate Software Net income (Q1, 2019)13.2 M
Ultimate Software Cash, 31-Mar-2019100.4 M

Ultimate Software Revenue

Ultimate Software revenue was $1.14 b in FY, 2018 which is a 21.2% year over year increase from the previous period.

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Ultimate Software Funding

Summary Metrics

Founding Date

1990

Ultimate Software total Funding

$19 m

Ultimate Software latest funding size

$3.4 m

Time since last funding

7 years ago

Ultimate Software investors

Ultimate Software's latest funding round in November 2013 was reported to be $3.4 m. In total, Ultimate Software has raised $19 m

Ultimate Software Capital Raised

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Ultimate Software Revenue Breakdown

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Ultimate Software revenue breakdown by business segment: 12.6% from Services and 87.4% from Recurring

Ultimate Software Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

781.3m940.7m1.1b

Revenue growth, %

26%20%21%

Cost of goods sold

300.1m353.7m431.7m

Gross profit

481.2m587.0m708.8m

Gross profit Margin, %

62%62%62%

Sales and marketing expense

224.4m269.8m285.3m

R&D expense

120.7m150.6m203.7m

General and administrative expense

94.4m122.1m139.2m

Operating expense total

439.5m542.5m628.2m

Interest expense

717.0k813.0k693.0k

Pre tax profit

41.4m44.1m83.4m

Income tax expense

11.2m30.1m18.2m

Net Income

30.3m14.1m65.1m

Ultimate Software Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

73.8m155.7m151.2m

Accounts Receivable

162.2m191.0m238.8m

Prepaid Expenses

61.9m71.6m90.8m

Current Assets

779.7m990.8m1.1b

PP&E

179.6m243.7m302.9m

Goodwill

35.3m35.8m219.9m

Total Assets

1.2b1.4b1.9b

Accounts Payable

13.5m16.1m16.1m

Short-term debt

5.1m5.5m6.3m

Current Liabilities

707.6m843.1m1.0b

Long-term debt

4.0m4.5m5.7m

Total Debt

9.0m10.0m12.0m

Total Liabilities

720.5m859.2m1.1b

Common Stock

340.0k348.0k360.0k

Additional Paid-in Capital

520.5m609.2m863.0m

Retained Earnings

129.6m125.8m207.5m

Total Equity

432.1m518.0m845.0m

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

2.7 x2.7 x2.3 x

Ultimate Software Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

30.3m14.1m65.1m

Depreciation and Amortization

27.1m34.1m49.2m

Accounts Receivable

(35.0m)(34.5m)(48.2m)

Accounts Payable

5.9m2.6m(5.1m)

Cash From Operating Activities

159.5m214.0m223.9m

Purchases of PP&E

(69.4m)(77.6m)(80.1m)

Cash From Investing Activities

358.2m(162.7m)(209.9m)

Long-term Borrowings

(6.2m)(6.3m)(9.2m)

Cash From Financing Activities

(553.7m)29.8m(15.5m)

Net Change in Cash

(35.6m)81.9m(4.4m)

Interest Paid

426.0k498.0k596.0k

Income Taxes Paid

1.8m2.2m7.6m

Ultimate Software Ratios

USDFY, 2016

Revenue/Employee

208.5k

Financial Leverage

2.7 x

Ultimate Software Operating Metrics

Ultimate Software's Customers was reported to be 5.6 k in Q1, 2019. Ultimate Software's Backlog was reported to be $522.1m in FY, 2018.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019

People Records

33 m33 m33 m35 m37 m37 m40 m40 m48 m48 m

Languages

14121212141414141414

Backlog

$399.9 m$456.2 m$522.1 m

Customers

3.7 k3.7 k3.7 k4 k4.1 k4.1 k4.4 k4.5 k5.6 k5.6 k

Countries

160160

Data Centers

448

Ultimate Software Human Capital

Gender

Y, 2016
Female, percent49%
Male, percent51%

Ethnicity

Y, 2016
White, percent59%
Hispanic, percent19%
Black / African American, percent12%
Asian, percent8%
Other2%

Ultimate Software Employee Rating

4.51304 votes
Culture & Values
4.6
Work/Life Balance
4.4
Senior Management
4.2
Salary & Benefits
4.6
Career Opportunities
4.1
Source