Company: PAYC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000950170-25-066910
Chunk: 5

Company: Paycom Software, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 5
---
 of our existing cash and cash equivalents to meet our working capital and capital expenditure needs over the next 12 months; our plans regarding our capital expenditures and investment activity as our business grows, including with respect to research and development and the expansion of our facilities; our plans to pay cash dividends; and our plans to repurchase shares of our common stock through a stock repurchase plan. In addition, forward-looking statements also consist of statements involving trend analyses and statements including such words as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “should,” “will,” “would,” and similar expressions or the negative of such terms or other comparable terminology.

Forward-looking statements are neither historical facts nor assurances of future performance, and are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:

•the possibility of security vulnerabilities, cyber-attacks and network disruptions, including breaches of data security and privacy leaks, data loss, and business interruptions;

•changes in laws, government regulations and policies and interpretations thereof;

•our compliance with data privacy laws and regulations;

•our ability to develop enhancements and new applications, keep pace with technological developments and respond to future disruptive technologies;

•our ability to compete effectively in an evolving human capital management (“HCM”) industry;

•our ability to maintain and expand existing client relationships and add new clients, including challenges related to attracting and retaining larger clients;

•the possibility that our solution fails to perform properly or our clients are not satisfied with our services;

•our dependence on our key executives;

•our ability to attract and retain qualified personnel, including software developers, product managers and skilled IT, sales, marketing and operational personnel;

•our ability to manage our growth and organizational change effectively;

•our ability to manage risks associated with our automation strategy;