Workday, Inc.

Workday provides cloud-based software for enterprise finance and human resources, serving large organisations with subscription applications for payroll, planning and workforce management. Its recurring, sticky revenue model and strong position among big employers give it durable growth as companies move core systems to the cloud. Workday pays no dividend, reinvesting cash flow into product development, sales expansion and, increasingly, share buybacks. This is a growth-stage technology investment where returns are expected to come from appreciation rather than income, and the low score reflects the absence of any distribution.