Asure Software Inc

Asure Software Inc

ASUR · NASDAQ · Technology / Software - Application

10.39USD+0.10 (+0.97%)

Price History

Full chart

Market Stats

Previous Close10.29
Open10.35
Day Range10.07 – 10.50
52-Week Range6.80 – 10.20
Volume218.50K
Market Cap228.44M
P/E (TTM)0.00
Forward P/E7.11
EPS-0.30
Dividend Yield0.00%
Beta0.52
50-Day Avg8.45
200-Day Avg8.67

About

Asure Software, Inc. engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build a productive workforce to help them stay compliant and allocate resources to grow their business. The company offers a comprehensive suite of HCM tools through its Asure HCM platform, which includes payroll and tax filing, HR management tools, time and attendance software, recruiting, and benefits administration. It provides technology-enabled services such as AsureMarketplace, facilitating automated data exchange with third-party providers; HR compliance services; AsurePay, a payroll card solution; and insurance brokerage services for benefits management. The company also offers payroll processing and compliance; offers payroll calculation and processing services, including wage and overtime calculations, garnishments, direct deposit processing, and related payroll administration; HR compliance and workforce management; time and attendance solutions; applicant tracking and recruiting tools; insurance brokerage and benefits administration, retirement plan administration; tax management solutions; payroll tax processing platforms; outsourced payroll tax services; and treasury and funds management services. The company delivers its products directly and through a national network of reseller partners and referral partners. Asure Software, Inc. was formerly known as Forgent Networks Inc. and changed its name to Asure Software, Inc. in September 2007. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Patrick F. Goepel
  • Employees627
  • Headquarters405 Colorado Street, Austin, TX, United States, 78701, USA
  • Websitehttps://www.asuresoftware.com

Leadership

  • Mr. Patrick F. GoepelChairman & CEO · b. 1962
  • Mr. Eyal GoldsteinPresident & Chief Revenue Officer · b. 1976
  • Mr. John F. Pence CPACFO, Principal Financial & Accounting Officer and Corporate Secretary · b. 1971
  • Mr. Mike EralieSenior Vice President of Operations
  • Ms. Yasmine RodriguezChief Technology Officer
  • Mr. Patrick McKillopVice President of Investor Relations
  • Mr. Mike VannoyChief Marketing Officer
  • Ms. Tiffany MortimerChief Transformation & People Officer
  • Mr. Jay WhiteheadSenior Vice President of AsurePay(TM) & Marketplace · b. 1960

Financials

Income Statement

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.30M11.00M26.10M31.50M54.20M78.10M-191.00M179.68M151.60M134.31M38.17M58.59M53.86M17.48M9.91M14.90M40.41M10.18M10.04M10.03M10.94M19.96M25.47M27.21M26.91M35.54M54.44M88.95M73.15M65.51M76.06M95.83M119.08M119.79M140.54M
Growth (%)-+107.55%+137.27%+20.69%+72.06%+44.10%---5.92%-15.63%-11.40%-71.58%+53.51%-8.07%-67.56%-43.31%+50.37%+171.26%-74.80%-1.36%-0.11%+9.05%+82.48%+27.59%+6.80%-1.10%+32.10%+53.18%+63.39%-17.76%-10.45%+16.12%+25.98%+24.27%+0.60%+17.32%
Cost of Revenue2.60M5.90M12.10M14.30M24.40M35.10M-104.40M94.73M73.70M75.77M29.87M31.79M28.31M14.18M7.04M7.91M19.23M2.24M2.02M2.26M2.29M4.57M6.42M6.31M7.34M8.12M12.62M30.83M29.84M27.41M29.50M33.32M33.55M37.69M45.67M
Gross Profit2.70M5.10M14.00M17.20M29.80M43.00M-86.60M84.96M77.90M58.54M8.30M26.80M25.56M3.30M2.87M6.99M21.18M7.94M8.02M7.77M8.65M15.39M19.05M20.89M19.57M27.43M41.82M58.12M43.31M38.09M46.56M62.51M85.54M82.11M94.87M
Gross Margin50.94%46.36%53.64%54.60%54.98%55.06%-45.34%47.28%51.39%43.59%21.75%45.75%47.45%18.88%28.92%46.91%52.40%78.02%79.88%77.48%79.08%77.09%74.78%76.79%72.72%77.16%76.82%65.34%59.21%58.15%61.22%65.23%71.83%68.54%67.51%
Operating Expense5.80M7.60M13.20M27.10M30.70M40.90M-102.80M84.12M90.90M85.82M23.41M19.91M16.02M23.97M13.23M10.92M12.62M21.27M18.25M8.94M8.56M15.90M18.27M19.31M19.88M26.20M42.82M64.39M93.71M52.98M59.38M73.82M88.54M92.84M103.28M
Operating Income-3.10M-2.50M800.00K-9.90M-900.00K2.10M--16.20M839.00K-13.00M-27.27M-15.11M6.90M9.54M-20.67M-10.36M-3.93M8.55M-13.33M-10.23M-1.17M91.00K-513.00K782.00K1.58M-317.00K1.23M-1.00M-6.26M-50.40M-14.89M-12.81M-11.31M-3.00M-10.74M-8.41M
Operating Margin-58.49%-22.73%3.07%-31.43%-1.66%2.69%--8.48%0.47%-8.58%-20.31%-39.57%11.77%17.70%-118.28%-104.59%-26.38%21.16%-130.89%-101.87%-11.61%0.83%-2.57%3.07%5.82%-1.18%3.45%-1.84%-7.04%-68.90%-22.73%-16.84%-11.80%-2.52%-8.96%-5.98%
EBITDA-2.90M-2.20M1.70M-7.40M1.10M3.80M--30.03M8.30M-900.00K-11.60M-8.12M-3.06M18.71M-1.65M-9.43M-3.22M12.92M-12.18M-8.99M-63.00K664.00K1.78M3.87M4.41M2.60M4.84M5.06M2.19M2.83M1.42M23.85M10.49M17.15M13.71M20.58M
EBITDA Margin-54.72%-20.00%6.51%-23.49%2.03%4.87%--15.72%4.62%-0.59%-8.64%-21.27%-5.21%34.73%-9.43%-95.24%-21.60%31.98%-119.62%-89.54%-0.63%6.07%8.93%15.18%16.19%9.68%13.62%9.29%2.46%3.87%2.17%31.36%10.95%14.40%11.45%14.64%
Net Income-2.90M-2.40M1.50M-9.30M100.00K3.70M--52.10M2.78M-15.60M2.30M-32.54M-6.10M8.02M-20.64M-6.57M-3.56M12.25M-12.71M-9.73M-1.14M-649.00K-3.03M-1.66M-262.00K-1.76M-972.00K-5.72M-7.55M30.00M-16.31M3.19M-14.47M-9.21M-11.77M-13.13M
Net Income Margin-54.72%-21.82%5.75%-29.52%0.18%4.74%--27.28%1.55%-10.29%1.71%-85.25%-10.42%14.89%-118.11%-66.30%-23.87%30.31%-124.81%-96.90%-11.33%-5.93%-15.19%-6.52%-0.96%-6.53%-2.73%-10.51%-8.49%41.01%-24.90%4.20%-15.10%-7.74%-9.83%-9.34%
R&D-----11.30M-24.50M19.89M18.00M17.36M7.44M3.21M3.87M4.06M318.00K618.00K611.00K2.15M2.27M1.45M1.68M2.38M2.83M3.31M3.05M2.90M4.46M8.36M5.35M5.96M5.41M6.15M6.85M7.81M5.60M
R&D as % of Total Revenue-----14.47%-12.83%11.07%11.87%12.92%19.49%5.48%7.18%23.23%3.21%4.15%1.51%21.15%22.60%14.40%15.34%11.90%11.13%12.17%11.35%8.15%8.19%9.40%7.32%9.10%7.11%6.41%5.75%6.52%3.98%
Interest Expense2.90M2.40M1.50M9.30M100.00K001.60M27.00K01.43M000110.00K24.00K76.00K66.00K89.00K53.00K66.00K752.00K1.98M2.42M1.35M1.13M2.01M4.63M8.62M16.00M1.22M2.04M4.44M5.64M1.02M5.06M
Interest Expense % of Total Revenue54.72%21.82%5.75%29.52%0.18%0.00%-0.84%0.02%0.00%1.07%0.00%0.00%0.00%0.63%0.24%0.51%0.16%0.87%0.53%0.66%6.87%9.94%9.52%4.95%4.20%5.66%8.50%9.68%21.88%1.87%2.68%4.63%4.74%0.85%3.60%

Balance Sheet

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.90M11.40M42.30M45.50M46.40M118.30M111.90M131.10M129.29M124.10M123.53M69.34M52.22M47.25M26.02M20.10M17.99M37.29M22.31M8.26M5.84M16.09M36.15M35.62M34.47M34.21M85.82M203.31M361.10M320.07M515.42M433.25M419.91M443.87M436.64M531.42M
Total Liabilities1.60M5.00M4.00M9.20M9.20M14.50M17.50M54.30M48.03M56.10M40.87M27.72M19.94M8.00M6.51M6.81M7.87M14.67M7.39M4.38M3.11M14.02M33.99M31.40M30.00M30.49M67.58M139.54M258.58M182.49M369.77M275.00M274.84M252.21M239.32M333.62M
Total Equity3.30M6.40M38.30M36.30M37.20M103.80M94.40M76.80M81.26M68.00M82.66M41.62M32.28M39.25M19.50M13.29M10.12M22.62M14.92M3.88M2.72M2.06M2.16M4.22M4.47M3.72M18.25M63.77M102.52M137.58M145.65M158.24M145.07M191.66M197.31M197.80M
Cash1.80M3.10M1.90M3.80M4.20M2.90M2.00M4.80M15.19M7.80M6.87M15.85M17.24M21.20M19.05M15.21M16.21M33.52M12.06M2.26M1.07M1.07M2.18M3.94M320.00K1.16M12.77M27.79M15.44M28.83M28.58M13.43M17.01M30.32M21.43M25.24M
Total Debt200.00K100.00K-------18.10M5.28M-899.00K323.00K348.00K2.63M2.09M1.19M781.00K212.00K25.00K6.45M20.14M17.01M15.13M13.69M30.04M75.87M111.96M34.23M33.57M41.32M43.22M10.44M17.73M74.80M
Net Debt-1.60M-3.00M-1.90M-3.80M-4.20M-2.90M-2.00M-4.80M-15.19M10.30M-1.59M-15.85M-16.34M-20.88M-18.70M-12.58M-14.12M-32.34M-11.28M-2.05M-1.04M5.38M17.96M13.07M14.81M12.53M17.27M48.08M96.52M5.40M4.99M27.90M26.21M-19.88M-3.69M49.56M

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.90M-3.60M-6.00M-7.90M2.10M1.50M-5.15M-15.20M19.75M-10.70M43.94M-4.94M10.63M2.32M458.00K-7.97M-1.25M19.88M-13.31M-4.62M-939.00K3.35M2.81M2.02M2.71M3.35M-2.01M-36.00K-7.13M-4.12M2.23M1.38M13.67M18.90M9.39M22.22M
Investing Cash Flow-400.00K-500.00K-25.50M2.60M-2.60M-61.90M3.52M23.30M-10.64M-4.60M-33.78M21.89M-7.68M3.22M-2.62M4.42M1.45M-2.10M-8.12M-3.02M-141.00K-10.50M-10.98M-435.00K-4.20M-1.39M-18.77M-58.49M-107.23M85.63M-19.41M-36.97M-36.00M-29.52M-19.26M-86.68M
Financing Cash Flow3.40M5.40M30.30M7.30M600.00K59.10M480.00K-5.10M1.48M8.00M-10.99M-8.00M-887.00K-1.16M18.00K348.00K138.00K-455.00K8.00K-38.00K-158.00K7.23M9.25M170.00K-2.15M-1.14M32.30M73.54M101.79M-68.02M208.10M-90.65M-12.38M24.20M-22.04M83.45M
Capital Expenditure400.00K500.00K2.00M3.10M5.10M9.50M9.50M18.80M16.82M8.80M4.57M2.76M1.14M136.00K692.00K63.00K62.00K490.00K311.00K314.00K141.00K121.00K1.25M445.00K807.00K1.41M436.00K3.06M5.79M4.84M16.78M29.80M8.84M16.26M24.14M787.00K
Free Cash Flow-3.30M-4.10M-8.00M-11.00M-3.00M-8.00M-14.65M-34.00M2.93M-19.50M39.38M-7.70M9.49M2.19M-234.00K-8.03M-1.31M19.39M-13.62M-4.93M-1.08M3.23M1.55M1.58M1.90M1.95M-2.45M-3.09M-12.92M-8.96M-14.54M-28.42M4.84M2.64M-14.75M21.43M
Dividends Paid--------------------158.00K0000000--------
FCF to OCF113.79%113.89%133.33%139.24%-142.86%-533.33%284.47%223.68%14.85%182.24%89.60%155.98%89.32%94.15%-51.09%100.79%104.98%97.54%102.34%106.80%115.02%96.39%55.32%78.02%70.18%58.09%121.67%8594.44%181.27%217.59%-650.69%-2062.55%35.39%13.95%-157.08%96.46%
Dividend Paid to FCF---------------------14.63%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateFeb 17, 1993Apr 21, 1993Jul 22, 1993Oct 19, 1993Feb 16, 1994Apr 20, 1994Jul 20, 1994Oct 19, 1994Feb 15, 1995Apr 19, 1995Jul 17, 1995Oct 17, 1995Feb 14, 1996Apr 22, 1996Nov 14, 1996Feb 19, 1997May 15, 1997Sep 24, 1997Nov 19, 1997Feb 18, 1998May 20, 1998Sep 23, 1998Nov 18, 1998Feb 17, 1999Apr 29, 1999Jul 30, 1999Nov 23, 1999Feb 17, 2000Jun 13, 2000Aug 30, 2000Nov 29, 2000Feb 21, 2001May 30, 2001Nov 28, 2001Feb 27, 2002Jun 5, 2002Sep 18, 2002Nov 25, 2002Feb 26, 2003May 29, 2003Sep 17, 2003Dec 3, 2003Mar 9, 2004Jun 14, 2004Dec 3, 2004Feb 25, 2005Jun 2, 2005Sep 22, 2005Dec 2, 2005Mar 14, 2006Jun 7, 2006Oct 12, 2006Mar 1, 2007May 30, 2007Sep 26, 2007Dec 18, 2007Mar 13, 2008Jun 17, 2008Oct 15, 2008Mar 12, 2009Jun 18, 2009Oct 29, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010May 11, 2011Aug 10, 2011Nov 8, 2011Mar 29, 2012May 15, 2012Aug 14, 2012Nov 14, 2012Mar 31, 2013May 15, 2013Aug 14, 2013Nov 13, 2013Mar 26, 2014May 14, 2014Aug 13, 2014Nov 12, 2014Mar 25, 2015May 13, 2015Aug 12, 2015Nov 16, 2015Mar 30, 2016May 12, 2016Aug 15, 2016Nov 14, 2016Mar 20, 2017May 11, 2017Aug 14, 2017Nov 13, 2017Mar 15, 2018May 9, 2018Aug 8, 2018Nov 9, 2018Mar 14, 2019May 9, 2019Aug 8, 2019Nov 11, 2019Mar 12, 2020May 7, 2020Aug 10, 2020Nov 9, 2020Mar 11, 2021May 10, 2021Aug 9, 2021Nov 8, 2021Mar 14, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 27, 2023May 8, 2023Aug 7, 2023Nov 13, 2023Feb 26, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Feb 24, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Feb 26, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.15-0.77-0.27-1.50-0.67-1.67-0.980.370.430.310.580.930.23-0.120.200.550.23-1.40-0.200.27-0.040.24-1.73-1.11-0.330.130.13-0.30-2.200.67-1.93-2.00-1.20-0.20-0.03-0.030.07-0.47-0.27-0.40--------0.67----0.47--0.93--0.20-0.20-0.13-----------0.030.010.030.01-0.01-0.03-0.030.04-0.03-0.040.08-0.010.080.080.110.020.060.070.100.070.100.150.200.070.120.160.140.120.070.090.040.16-0.040.02-0.010.07-0.01-0.02-0.040.06-0.07-0.040.020.170.010.060.050.200.130.190.250.180.140.210.150.260.040.11
EPS Actual0.07-1.60-1.93-1.53-1.80-1.270.070.470.670.200.871.000.20-0.870.470.400.20-1.670.070.070.270.40-2.00-1.40-0.130.13-1.47-1.07-2.20-2.53-1.53-0.40-1.07-0.20-0.070.07-0.80-0.53-0.670.800.55-0.68-3.65-1.190.100.06-1.15-0.73-0.37-0.13-0.38-0.070.331.540.53-0.23-0.33-0.33-1.87-0.33-0.30-1.13-0.04-0.220.000.01-0.010.010.01-0.140.03-0.06-0.09-0.09-0.15-0.060.040.02-0.020.020.040.04-0.030.04-0.09-0.08-0.110.150.100.100.090.070.150.170.130.140.140.150.220.080.11-0.100.210.03-0.03-0.360.120.20-0.010.020.11-0.04-0.010.170.250.110.240.070.220.090.140.150.190.080.140.240.250.02-
Surprise-53.33%-107.79%-614.81%-2.00%-168.66%23.95%107.14%27.03%55.81%-35.48%50.00%7.53%-13.04%-625.00%135.00%-27.27%-13.04%-19.29%135.00%-74.07%775.00%66.67%-15.61%-26.13%60.61%0.00%-1230.77%-256.67%0.00%-477.61%20.73%80.00%10.83%0.00%-133.33%333.33%-1242.86%-12.77%-148.15%300.00%--------8.96%---85.11%---43.01%--65.00%-65.00%-1338.46%-----------0.00%-700.00%-400.00%-1000.00%-1400.00%-100.00%233.33%-50.00%33.33%-0.00%-50.00%-200.00%-50.00%-212.50%-172.73%-650.00%150.00%42.86%0.00%28.57%-30.00%0.00%-15.00%85.71%16.67%-12.50%7.14%83.33%14.29%22.22%-350.00%31.25%175.00%-250.00%-3519.00%71.43%2060.00%50.00%150.00%83.33%42.86%75.00%844.44%47.06%1000.00%300.00%40.00%10.00%-30.77%-26.32%-38.96%5.56%-42.86%-33.33%60.00%-3.85%-50.00%-
Timing------------------------After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-Pre-market--Pre-market-----------Pre-market----Pre-market-------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap228.44M
Enterprise Value283.06M
Trailing P/E0.00
Forward P/E7.11
PEG Ratio0.47
Price / Sales1.47
Price / Book1.15
EPS-0.30
Book Value6.86
Revenue (TTM)155.43M
Gross Profit (TTM)105.88M
EBITDA26.55M
Profit Margin-5.42%
Operating Margin-6.46%
Return on Equity-4.30%
Return on Assets-0.23%
Shares Outstanding28.88M
Shares Float26.32M
Beta0.52
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 9 analystsTarget 13.11
  • Strong Buy
    6
  • Buy
    3

Ownership Breakdown

Institutions
76.83%
Insiders
14.32%
Retail / Other
8.85%

Top Institutional Holders

  • Private Capital Management, LLC
    4.20M14.56%
  • Needham Investment Management, LLC
    2.61M9.03%
  • HHG PLC
    1.77M6.13%
  • BlackRock Inc
    1.51M5.24%
  • Vanguard Capital Management, LLC
    1.09M3.76%
  • Dimensional Fund Advisors, Inc.
    953.88K3.30%
  • Swedbank AB
    800.00K2.77%
  • Rice Hall James & Associates, LLC
    705.63K2.44%
  • Pacific Ridge Capital Partners, LLC
    696.00K2.41%
  • Geode Capital Management, LLC
    595.88K2.06%
  • Kennedy Capital Management Inc
    518.78K1.80%
  • ArrowMark Colorado Holdings, LLC (ArrowMark Partners)
    490.89K1.70%
  • State Street Corp
    484.45K1.68%
  • Royce & Associates, LP
    461.33K1.60%

Top Fund Holders

  • Needham Aggressive Growth Retail
    2.63M9.12%
  • Janus Henderson Venture D
    1.56M5.40%
  • Swedbank Robur Small Cap USA A
    800.00K2.77%
  • Vanguard MStar Total Stk Mkt Idx Invest
    723.81K2.51%
  • iShares Russell 2000 ETF
    608.73K2.11%
  • Royce Micro-Cap Trust
    417.10K1.44%

Stock Splits

  • May 1, 20123:2
  • Dec 29, 20091:10