Financial Performance & Growth - Total revenues for 2024 reached $119.8 million, with a 17% increase excluding one-time ERTC revenue compared to 2023 [10] - Recurring revenues grew by 15% compared to 2023, now representing 96% of total revenues, up from 84% the previous year [10] - Bookings grew 86% in 2024 [12] - Revenue guidance for FY2025 is projected to be between $134 million and $138 million [12] - Adjusted EBITDA margin guidance for FY2025 is estimated at 23%-24% [12] Client & Employee Metrics - The company serves over 100,000 clients [12] - The company serves over 2 million employees [12] - The company has money movement of $10 billion+ [12] - Net client retention is at 93% LTM (Last Twelve Months) [12] Market Opportunity & Strategy - The U S HCM TAM (Total Addressable Market) is growing at a 7.6% CAGR (Compound Annual Growth Rate) through 2025, reaching $90 billion+ [27] - Approximately 50% of the U S HCM market consists of businesses with fewer than 1000 employees [27] - The company aims for ~20% revenue growth through a long-term growth model [76]