Paycom Software Inc (N:PAYC)

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 7501 W Memorial Rd
Tel: 1-855-6031620
IR: See website
Key People
Chad R. Richison
Chairman of the Board, President, Chief Executive Officer, Director
Craig E. Boelte
Chief Financial Officer, Treasurer, Secretary
Jon D. Evans
Chief Operating Officer
Bradley S. Smith
Chief Information Officer
Jeffrey D. York
Chief Sales Officer
Business Overview
Paycom Software, Inc. is a provider of a cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. The Company's applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA. The Company's solution allows clients to analyze employee information to make business decisions. The Company's HCM solution offers a range of applications, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management.
Financial Overview
For the three months ended 31 March 2020, Paycom Software Inc revenues increased 21% to $242.4M. Net income applicable to common stockholders increased 33% to $63M. Revenues reflect Implementation and other increase of 26% to $3.9M. Net income benefited from General and administrative employee ince decrease of 59% to $9.3M (expense), Fair value of Interest rate swap increase from $500K (expense) to $1.6M (income).
Employees: 3,765 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $15,625M as of Mar 31, 2020
Annual revenue (TTM): $780.10M as of Mar 31, 2020
EBITDA (TTM): $298.17M as of Mar 31, 2020
Net annual income (TTM): $196.26M as of Mar 31, 2020
Free cash flow (TTM): $122.10M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 58,566,076 as of Apr 21, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization