Paycom
3.86 %
73.66 %
Yet to be announced
Company Overview
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, and tax credit services.
Revenue Sources
PassBased on reviewing Paycom's business model and revenue sources, the company generates its primary revenue from providing HR and payroll software services. These services are halal as they involve legitimate business operations and service provision. There is no evidence of revenue from gambling, alcohol, tobacco, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $493.87m | $346.45m | - | $1.05m | 0.00% | 0.30% |
| Sept. 30, 2024 | $451.93m | $347.85m | - | $789,000 | 0.00% | 0.23% |
| June 30, 2024 | $437.51m | $343.15m | - | $782,000 | 0.00% | 0.23% |
| March 31, 2024 | $499.88m | $214.85m | - | $782,000 | 0.00% | 0.36% |
Looking at the last four quarters, Paycom's interest expenses remain relatively low compared to total expenses. The interest expense ratios for all quarters are well below the 5% threshold that would indicate material reliance on interest-bearing debt. The company's business model is not dependent on interest income as it generates no interest income in its operations.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in the United States and has no documented operations or R&D centers in Israel or direct ties to the Chinese Communist Party.
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