Paylocity
Financials
Estimates*
USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 636m | 853m | 1.2b | 1.4b | 1.5b | 1.7b | 1.9b |
% growth | 13 % | 34 % | 38 % | 19 % | 9 % | 11 % | 14 % |
EBITDA | 101m | 135m | 216m | 337m | 540m | 607m | 726m |
% EBITDA margin | 16 % | 16 % | 18 % | 24 % | 35 % | 36 % | 38 % |
Profit | 70.8m | 90.8m | 141m | 207m | 249m | 297m | 352m |
% profit margin | 11 % | 11 % | 12 % | 15 % | 16 % | 18 % | 18 % |
EV / revenue | 16.0x | 11.1x | 8.8x | 5.0x | 5.4x | 4.6x | 3.8x |
EV / EBITDA | 100.9x | 70.3x | 47.7x | 20.9x | 15.2x | 12.8x | 10.0x |
R&D budget | 76.7m | 103m | 164m | 178m | - | - | - |
R&D % of revenue | 12 % | 12 % | 14 % | 13 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
$10.0m | Early VC | ||
* | N/A | $120m Valuation: $1.3b | IPO |
Total Funding | $10.0m |
Recent News about Paylocity
EditPaylocity is a leading provider of cloud-based HR and payroll software solutions designed to streamline workforce management for businesses of all sizes. Operating primarily in the United States, Paylocity serves a diverse range of industries including financial services, healthcare, manufacturing, nonprofit and education, restaurants and hospitality, retail and wholesale, technology and professional services, and transportation and logistics. The company's core products include payroll processing, human resources management, talent management, benefits administration, employee engagement tools, and data analytics. Paylocity's business model revolves around a subscription-based service, where clients pay recurring fees for access to its comprehensive suite of HR and payroll tools. The company generates revenue through these subscriptions, as well as through additional services such as tax services, expense management, and compliance dashboards. By leveraging advanced technology and a commitment to customer success, Paylocity helps organizations improve efficiency, accuracy, and employee satisfaction.
Keywords: HR software, payroll solutions, workforce management, data analytics, employee engagement, cloud-based, subscription model, compliance, benefits administration, talent management.