Company name:

Ceridian HCM Holding Inc

  • IPO SHARE PRICE:
    $22.00
  • IPO DATE:
    April 26, 2018
  • TICKER:
    CDAY
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    3311 East Old Shakopee Road Minneapolis Minnesota 55425
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Ceridian HCM Holding Inc

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Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
100%
81.9% —

Recurring services

18.1% —

Professional services revenue
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Recurring services
45,679
 573,900 625,000 680,100 690,200 690,200 726,000
Professional services revenue
$45,679
 102,300 115,700 144,000 152,300 152,300 165,200
Total Revenue
$45,679
 $676,200 $740,700 $824,100 $842,500 $842,500 $891,200
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
99.1%
39.6% —

Selling general and administrative

25.3% —

Cost of revenue Recurring services

19.4% —

Professional services and other

9.9% —

Product development and management

4.8% —

Depreciation and amortization
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue Recurring services
45,679
 196,800 200,300 201,800 213,300 213,300 230,000
Professional services and other
45,679
 135,000 132,200 149,800 163,700 163,700 172,000
Product development and management
45,679
 43,600 59,000 67,900 83,700 83,700 104,800
Total cost of revenue
45,679
 406,700 425,800 455,900 501,200 501,200 549,200
Gross profit
45,679
 $269,500 $314,900 $368,200 $341,300 $341,300 $342,000
Selling general and administrative
45,679
 214,100 258,800 295,900 333,500 333,500 429,600
Depreciation and amortization
45,679
 31,300 34,300 36,400 40,500 40,500 42,400
Total operating expenses
45,679
 $620,800 $684,600 $751,800 $834,700 $834,700 $978,800
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
0.9%
0.9% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
 $55,400 $56,100 $72,300 $7,800 $7,800 ($87,600)
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.3%
0.3% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
 8,800 (200) 5,600 2,700 2,700 -
Total non-operating income (expense)
45,679
 8,800 (200) 5,600 2,700 2,700 -
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
1.2%
1.2% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
 $64,200 $55,900 $77,900 $10,500 $10,500 ($87,600)
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
1.1%
1.9% —

Income tax expense or benefit

3.0% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
 87,100 83,200 32,400 25,100 25,100 22,800
Income (loss) from continuing operations before income taxes Income (loss) from continuing operations before income taxes
45,679
 (40,500) (26,900) 34,300 (20,000) (20,000) -
Income tax expense or benefit
45,679
 (48,500) 8,400 (44,400) (16,000) (16,000) (41,200)
Income from continuing operations
45,679
 8,000 (35,300) 78,700 - - -
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
0.5%
0.5% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
 $2,000 ($61,100) $78,700 ($4,000) ($4,000) ($69,200)
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests
45,679
 (1,300) (500) - - - -
Net income (loss) attributable to Company
45,679
 3,300 (60,600) 78,700 (4,000) (4,000) -

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
 - 140,514,889 144,710,100 148,801,679 148,801,679 148,801,679
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
 ($0.26) ($0.60) $0.55 ($0.03) ($0.03) ($0.48)
Net Income per diluted share
$45,678,795.00
 ($0.26) ($0.60) $0.53 ($0.03) ($0.03) ($0.48)