Company Quick10K Filing
Ultimate Software
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 32 $10,595
10-Q 2019-05-01 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-02-26 Annual: 2017-12-31
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-08 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-05 Annual: 2009-12-31
8-K 2019-05-03 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Regulation FD, Exhibits
8-K 2019-04-30 Shareholder Vote
8-K 2019-04-15 Other Events
8-K 2019-03-26 Other Events, Exhibits
8-K 2019-02-04 Earnings, Exhibits
8-K 2019-02-03 Enter Agreement, Earnings, Shareholder Rights, Regulation FD, Exhibits
8-K 2018-10-30 Earnings, Officers, Exhibits
8-K 2018-10-19 Enter Agreement, Shareholder Rights, Exhibits
8-K 2018-07-31 Enter Agreement, M&A, Earnings, Sale of Shares, Exhibits
8-K 2018-07-17 Enter Agreement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-05-14 Shareholder Vote, Exhibits
8-K 2018-05-02 Officers, Exhibits
8-K 2018-05-01 Earnings, Exhibits
8-K 2018-02-06 Earnings, Exhibits

Ultimate Software Financials

ULTI Metrics, Comps, Filings

Annual | Quarterly

Business

With offices in the United States, Canada, France, Germany, England, and Singapore, Ultimate Software is a leading provider of cloud-based human capital management solutions-often referred to as human capital management ("HCM")-and employee experience solutions. Ultimate's UltiPro product suite is a comprehensive, engaging solution that has human resources ("HR") and payroll at its core and includes benefits management, talent acquisition, talent management, time management, and global people management functionality available in 14 languages with 61 country-specific localizations. Ultimate also offers a-la-carte employee experience solutions, such as HR Service Delivery and "Perception," an employee-sentiment analysis solution.

Ultimate's solutions are delivered via software-as-a-service ("SaaS"), now more commonly known as cloud computing, to organizations with employees in the United States, Canada, Europe, Asia Pacific, and other global locations. At the close of 2018, we had more than 5,600 organizations as customers and more than 48 million people records in our cloud environment. We attained our leadership position, we believe, through our exclusive focus on solutions that help companies manage their employees in an engaging way. Key factors in our success have been our people-centric product design, cloud technology, and strong customer relationships nurtured by our services team and throughout the Ultimate organization.

UltiPro is designed to deliver the functionality businesses need to manage the complete employee life cycle from recruitment to retirement, and to facilitate high levels of employee engagement with their employers and one another. The solution includes unified feature sets for talent acquisition and onboarding, HR service delivery and management, compliance, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools, and time capture, scheduling, attendance tracking, and absence accruals. UltiPro has role-based features for HR professionals, executives, managers, administrators, and employees whether they are in or out of the office, including access to business-critical information and functions on mobile devices such as the iPhone, iPad, and Android smartphones and tablets.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Tableau Software (DATA) 14,111 87% -104.9 -7% 1,912 837 1,231 1,077 -143 -129 13,558
Symantec (SYMC) 13,392 78% 20.0 1% 15,369 10,119 4,822 3,749 117 811 16,198
Take Two (TTWO) 12,686 42% 42.6 7% 4,366 2,280 2,821 1,187 308 260 11,074
Paycom (PAYC) 12,664 85% 52.7 9% 1,826 1,391 653 552 156 219 11,516
Okta (OKTA) 12,154 72% -80.6 -15% 1,027 776 487 352 -155 -148 11,936
DocuSign (DOCU) 10,891 75% -67.5 -13% 1,762 1,195 828 617 -233 -158 10,667
Ultimate Software (ULTI) 10,595 62% 81.9 2% 2,716 1,890 1,199 742 57 128 10,495
Momo (MOMO) 10,572 0% 18,966 7,943 0 0 0 0 8,104
PTC (PTC) 10,318 74% 96.9 -1% 2,649 1,433 1,233 915 -24 111 10,752
MIX Telematics (MIXT) 10,257 0% 2,391 640 0 0 0 0 10,257
Tyler Technologies (TYL) 10,185 47% 46.4 7% 1,949 528 1,000 471 130 219 10,174
Dropbox (DBX) 9,885 99% 201.2 -2% 2,365 1,635 1,147 1,137 -44 44 8,912
Black Knight (BKI) 9,021 0% 22.0 4% 3,985 2,146 1,145 0 157 484 10,656
Guidewire Software (GWRE) 8,756 55% 107.0 1% 2,167 593 720 395 21 82 8,819
Coupa Software (COUP) 8,262 66% -1,363.1 -2% 1,477 1,023 319 210 -34 -6 7,648
Micro Focus (MFGP) 7,557 0% 16,781 8,989 0 0 0 0 7,170
Ceridian (CDAY) 7,507 45% 47.1 0% 6,729 4,972 780 348 22 123 5,810
Hubspot (HUBS) 7,258 78% -434.4 -4% 1,463 845 611 477 -59 -16 7,012
Elastic (ESTC) 7,149 71% -58.7 -25% 506 251 305 216 -125 -116 6,832
Alteryx (AYX) 7,080 90% 353.3 3% 664 332 301 272 19 20 6,970

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash46598010810974156151
Accounts Receivable567186100130162191239
Inventory
PP&E24385887125180244303
Assets3195255981,1901,4661,1531,3771,921
Accounts Payable68677141616
Long-Term Debt
Liabilities2334114109191,1327208591,076
Stockholders' Equity86115188272334432518845
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue2693324105066187819411,141
Cost of Revenue116144169204239300354432
Gross Profit153188242302380481587709
R&D5161688494121151204
SG&A8598131164243319392424
Tax1214181123018
Net Income415264523301465
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating28427481111160214224
Cash Investing-59-181-34-535-225358-163-210
Cash Financing36152-17484117-55430-15