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Their numbers do not favorably compare against their peers. Paycom (PAYC) is of comparable revenue but profit margin is much higher (looking like ~400% higher)

by runako 5y ago

Their numbers do not favorably compare against their peers. Paycom (PAYC) is of comparable revenue but profit margin is much higher (looking like ~400% higher) at PAYC. The two are growing at similar rates. I'm wondering why they are choosing to go public now given these numbers.

rossdavidh 5y ago
...because it's IPO now or wait a few years, probably. We're very late in the cycle, I think, and a correction is coming soon. Same reason Zillow got out of the house-buying business, if the truth be told.