Paylocity Holding Corporation (PCTY)

Paylocity Holding Income Statement

Financials in millions USD. Fiscal year is July - June.

Year Ending	TTM	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Revenue	1,354	1,175	852.65	635.63	561.33	467.63
Revenue Growth (YoY)	23.61%	37.76%	34.14%	13.24%	20.04%	23.87%
Cost of Revenue	421.56	367.04	287	219.3	182.01	153.85
Gross Profit	932.13	807.56	565.65	416.33	379.32	313.78
Selling, General & Admin	510.91	488.54	378.15	281.58	250.38	207.23
Research & Development	174.68	163.99	102.91	76.71	62.77	50.33
Operating Expenses	685.59	652.53	481.06	358.29	313.15	257.56
Operating Income	246.54	155.03	84.59	58.04	66.17	56.22
Other Expense / Income	-13.97	-3.59	1	0.94	-0.95	-1.82
Pretax Income	260.5	158.61	83.6	57.1	67.12	58.05
Income Tax	65.3	17.79	-7.18	-13.72	2.66	4.22
Net Income	195.2	140.82	90.78	70.82	64.46	53.82
Net Income Growth	64.43%	55.13%	28.18%	9.87%	19.75%	39.45%
Shares Outstanding (Basic)	56	56	55	54	54	53
Shares Outstanding (Diluted)	57	57	56	56	56	55
Shares Change	0.87%	0.27%	0.25%	0.89%	0.71%	0.96%
EPS (Basic)	3.48	2.53	1.65	1.30	1.20	1.02
EPS (Diluted)	3.44	2.49	1.61	1.26	1.15	0.97
EPS Growth	63.03%	54.66%	27.78%	9.57%	18.56%	38.57%
Free Cash Flow	297.73	215.81	102.47	86.8	70.36	76.13
Free Cash Flow Per Share	5.28	3.87	1.86	1.60	1.31	1.44
Gross Margin	68.86%	68.75%	66.34%	65.50%	67.58%	67.10%
Operating Margin	18.21%	13.20%	9.92%	9.13%	11.79%	12.02%
Profit Margin	14.42%	11.99%	10.65%	11.14%	11.48%	11.51%
Free Cash Flow Margin	21.99%	18.37%	12.02%	13.66%	12.53%	16.28%
Effective Tax Rate	25.07%	11.22%	-8.59%	-24.02%	3.97%	7.28%
EBITDA	332.67	219.48	133.82	100.08	105.03	92.61
EBITDA Margin	24.57%	18.69%	15.69%	15.74%	18.71%	19.80%
Depreciation & Amortization	72.16	60.87	50.22	42.97	37.91	34.56
EBIT	260.5	158.61	83.6	57.1	67.12	58.05
EBIT Margin	19.24%	13.50%	9.80%	8.98%	11.96%	12.41%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).