Financials Dayforce, Inc.

Equities

DAY

US15677J1088

Software

Market Closed - Nyse Other stock markets 04:00:02 2025-05-21 pm EDT			5-day change	1st Jan Change
57.55 ^USD	-2.18%		-3.07%	-20.77%

May. 20	Rimini Street, Inc. Launches Rimini Manage?? for Dayforce	CI
May. 14	Hubexo Selects Dayforce for Workforce Transformation	CI

Projected Income Statement: Dayforce, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	842.5	1,024	1,246	1,514	1,760	1,935	2,166	2,470
Change	-	21.57%	21.68%	21.47%	16.27%	9.95%	11.92%	14.06%
EBITDA ¹	159	162.5	250.4	410.2	501.5	621.1	715.8	857.4
Change	-	2.2%	54.09%	63.82%	22.26%	23.86%	15.23%	19.78%
EBIT ¹	110.9	86.7	196.2	339.8	410.5	503.6	587.7	724.4
Change	-	-21.82%	126.3%	73.19%	20.81%	22.67%	16.71%	23.25%
Interest Paid ¹	-25.1	-35.9	-28.6	-36.1	-40.6	-30.8	-32.5	-29.5
Earnings before Tax (EBT) ¹	-20	-90.3	-62.9	96	37.6	206.1	335.3	439.5
Change	-	-351.5%	30.34%	252.62%	-60.83%	448.15%	62.69%	31.09%
Net income ¹	-4	-75.4	-73.4	54.8	18.1	132.2	219.7	302.5
Change	-	-1,785%	2.65%	174.66%	-66.97%	630.47%	66.2%	37.66%
Announcement Date	2/9/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	192.6	204.4	222.8	234.5	250.4	257.2	282.1	293.3	301.2	315.6	336.1	370.6	365.9	377.5	399.7	431.5	423.3	440	465.2	481.8	458.6	483.1	511.3	530.5	513.8	542.3	573.6	614.1
Change	-	6.13%	9%	5.25%	6.78%	2.72%	9.68%	3.97%	2.69%	4.78%	6.5%	10.26%	-1.27%	3.17%	5.88%	7.96%	-1.9%	3.95%	5.73%	3.57%	-4.82%	5.34%	5.85%	3.75%	-3.16%	5.56%	5.76%	7.07%
EBITDA ¹	37.5	33.2	33.1	44.5	39.9	39.4	38.7	57.4	61.8	63.5	67.7	105.4	98.4	107.2	99.2	129.9	116.3	126.1	129.2	156.7	141.5	156.2	165.3	175.4	163.1	178.7	192.4	209
Change	-	-11.47%	-0.3%	34.44%	-10.34%	-1.25%	-1.78%	48.32%	7.67%	2.75%	6.61%	55.69%	-6.64%	8.94%	-7.46%	30.95%	-10.47%	8.43%	2.46%	21.28%	-9.71%	10.41%	5.82%	6.13%	-7.02%	9.55%	7.7%	8.63%
EBIT ¹	26.2	21.2	19.3	30.8	18.2	18.9	18.8	44.4	50	50.1	51.7	88.5	83	89.4	78.9	109.1	94.9	103.2	103.3	132.3	115.3	129.6	137.9	146.5	137	151.7	164	161.2
Change	-	-19.08%	-8.96%	59.59%	-40.91%	3.85%	-0.53%	136.17%	12.61%	0.2%	3.19%	71.18%	-6.21%	7.71%	-11.74%	38.28%	-13.02%	8.75%	0.1%	28.07%	-12.82%	12.41%	6.35%	6.26%	-6.48%	10.71%	8.15%	-1.72%
Charge d'intérêts ¹	-6.6	-5.9	-5.7	-5.6	-9.9	-10	-10.4	-5.8	-6.7	-7.4	-8.7	-9.2	-9.1	-8.9	-8.9	-13.3	-11.1	-8.8	-7.4	-7.9	-7.745	-7.511	-7.489	-8.675	-8.612	-8.688	-8.788	-10
Earnings before Tax (EBT) ¹	-2.9	-6.3	-27.6	-12.6	-37.8	-29.4	-10.5	-24.4	-19	-17	-2.5	28.4	19.6	12.5	35.5	18.4	-	18.3	0.9	19.1	45.52	65.98	75.45	80.24	73.09	88.4	96.46	120
Change	-	-117.24%	-338.1%	54.35%	-200%	22.22%	64.29%	-132.38%	22.13%	10.53%	85.29%	1,236%	-30.99%	-36.22%	184%	-48.17%	-	-	-95.08%	2,022.22%	138.31%	44.95%	14.35%	6.35%	-8.91%	20.94%	9.11%	24.41%
Net income ¹	5.5	-0.8	-17.3	-19.2	-25.8	-20.9	-9.5	-27.4	-19.8	-21	-5.2	9.9	3.1	-3.8	45.6	7.1	-1.8	2	10.8	14.9	30.72	43.63	52.25	51.87	51.87	61.81	71.59	74.42
Change	-	-114.55%	-2,062.5%	-10.98%	-34.38%	18.99%	54.55%	-188.42%	27.74%	-6.06%	75.24%	290.38%	-68.69%	-222.58%	1,300%	-84.43%	-125.35%	211.11%	440%	37.96%	106.2%	42.01%	19.74%	-0.72%	0.01%	19.15%	15.83%	3.95%
Announcement Date	8/5/20	11/5/20	2/9/21	5/5/21	8/4/21	11/3/21	2/9/22	5/4/22	8/3/22	11/2/22	2/8/23	5/3/23	8/2/23	11/1/23	2/7/24	5/1/24	7/31/24	10/30/24	2/5/25	5/7/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Dayforce, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	480	765	789	647	637	500	289	15.9
Change	-	59.38%	3.14%	-18%	-1.55%	-21.47%	-42.2%	-94.5%
Announcement Date	2/9/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Dayforce, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	18.1	11.5	20.2	19	14.3	15.77	17.23	14.79
Change	-	-36.46%	75.65%	-5.94%	-24.74%	10.3%	9.27%	-14.17%
Free Cash Flow (FCF) ¹	-48.3	37.3	112.4	200.5	266.8	233.4	297.8	385.2
Change	-	177.23%	201.34%	78.38%	33.07%	-12.5%	27.58%	29.35%
Announcement Date	2/9/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Dayforce, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	18.87%	15.87%	20.09%	27.1%	28.49%	32.1%	33.05%	34.71%
EBIT Margin (%)	13.16%	8.47%	15.74%	22.45%	23.32%	26.02%	27.14%	29.33%
EBT Margin (%)	-2.37%	-8.82%	-5.05%	6.34%	2.14%	10.65%	15.48%	17.79%
Net margin (%)	-0.47%	-7.36%	-5.89%	3.62%	1.03%	6.83%	10.15%	12.25%
FCF margin (%)	-5.73%	3.64%	9.02%	13.25%	15.16%	12.06%	13.75%	15.6%
FCF / Net Income (%)	1,207.5%	-49.47%	-153.13%	365.88%	1,474.03%	176.57%	135.54%	127.36%
Profitability
ROA	1.14%	0.58%	-0.97%	2.73%	0.2%	1.17%	2.19%	2.85%
ROE	3.67%	1.87%	-3.38%	10.59%	12.77%	12.54%	13.77%	14.49%
Financial Health
Leverage (Debt/EBITDA)	3.02x	4.71x	3.15x	1.58x	1.27x	0.81x	0.4x	0.02x
Debt / Free cash flow	-9.93x	20.51x	7.02x	3.22x	2.39x	2.14x	0.97x	0.04x
Capital Intensity
CAPEX / Current Assets (%)	2.15%	1.12%	1.62%	1.26%	0.81%	0.82%	0.8%	0.6%
CAPEX / EBITDA (%)	11.38%	7.08%	8.07%	4.63%	2.85%	2.54%	2.41%	1.73%
CAPEX / FCF (%)	-37.47%	30.83%	17.97%	9.48%	5.36%	6.76%	5.79%	3.84%
Items per share
Cash flow per share ¹	-0.2058	0.3245	0.867	1.385	1.752	1.838	2.285	3.205
Change	-	257.69%	167.21%	59.73%	26.54%	4.89%	24.32%	40.26%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	14.12	14.66	13.71	15.13	15.87	16.83	18.5	23.22
Change	-	3.77%	-6.45%	10.36%	4.92%	5.99%	9.93%	25.52%
EPS ¹	-0.03	-0.5	-0.48	0.35	0.11	0.8126	1.371	1.888
Change	-	-1,566.67%	4%	172.92%	-68.57%	638.75%	68.7%	37.71%
Nbr of stocks (in thousands)	147,803	151,331	153,595	154,254	157,700	159,881	159,881	159,881
Announcement Date	2/9/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-