ASURE SOFTWARE INC ASUR

Technology SIC 7373 - Services-Computer Integrated Systems Design NAICS Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services derived Nasdaq

Asure is a provider of cloud-based Human Capital Management ("HCM") software solutions delivered as Software-as-a-Service ("SaaS") to businesses of all sizes. We offer human resources ("HR") tools necessary to build a thriving workforce, provide the resources to stay compliant with dynamic federal, state, and local tax jurisdictions and their respective labor laws, freeing cash flows so these businesses can spend their financial capital on growing their businesses rather than administrative overhead that can impede growth. Our solutions also provide new ways for employers to connect with their employees and strengthen relationships with their talent. At the core of our offering is the Asure HCM platform—a SaaS-based system that includes Payroll & Tax filing, HR management tools, Time & Attendance software, Recruiting, and Benefits Administration. This platform serves as the foundation for delivering both our core software and a range of complementary, technology-enabled services. These include AsureMarketplace™, which automates data exchange between our HCM system and third-party providers to increase efficiency, accuracy, and breadth of services. Our HR Compliance services combine expert guidance with scalable digital delivery. AsurePay™, our payroll card, which we provide in association with our partners, offers employees fast, secure access to earned wages. Additionally, through our licensed brokerage, we offer Insurance Services that help employers manage benefits and reduce administrative costs. We deliver our solutions directly and through a national network of Reseller Partners.

Last close 7.36 2026-10-23
Market cap $212.6M 2026-06-30 share count
52-week range 6.80 - 10.20

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF9.9x
EV/EBITDA13.4x
Dividend yield—
Diluted EPS-0.48

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue ——$119.1M$95.8M$76.1M$65.5M$73.2M$63.6M$54.4M$35.5M
Cost of revenue $45.7M$37.7M$33.5M$33.3M$29.5M$27.4M$29.8M$24.1M$12.6M$8.1M
Gross profit $94.9M$82.1M$85.5M$62.5M$46.6M$38.1M$43.3M$39.5M$41.8M$27.4M
R&D $5.6M$7.8M$6.8M$6.1M$5.4M$6.0M$5.4M$6.0M$4.5M$2.9M
SG&A $45.8M$40.5M$39.3M$33.9M$27.7M$23.9M$41.5M$36.8M$33.9M$21.0M
Total operating expenses $103.3M$92.8M$88.5M$73.8M$59.5M$53.0M$93.7M$50.2M$42.8M$26.2M
Operating income -$8.4M-$10.7M-$3.0M-$11.3M-$13.0M-$14.9M-$50.4M-$10.7M-$1.0M$1.2M
Interest expense $5.1M$1.0M$5.6M$4.4M$2.0M$1.2M$16.0M$8.6M$4.6M$2.0M
Pre-tax income -$12.5M-$10.8M-$9.1M-$14.4M$4.0M-$16.0M-$66.4M-$19.4M-$5.6M-$783.0K
Income tax $652.0K$933.0K$109.0K$112.0K$802.0K$337.0K$24.1M$8.0M$96.0K$189.0K
Net income -$13.1M-$11.8M-$9.2M-$14.5M$3.2M-$16.3M$30.0M-$7.5M-$5.7M-$972.0K
EPS, basic -0.48-0.45-0.42-0.720.17-1.031.93-0.54-0.53-0.15
EPS, diluted -0.48-0.45-0.42-0.720.16-1.031.93-0.54-0.53-0.15
Shares, diluted (wtd. avg.) 27.4M26.1M22.1M20.1M19.5M15.9M15.5M14.0M10.9M6.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $25.2M$21.4M$177.6M$164.0M$198.7M$325.0M$134.1M$15.4M$27.8M$12.8M
Short-term investments $12.8M$5.3M$10.0M$9.2M$5.6M$4.2M————
Receivables $15.9M$18.2M$14.2M$12.1M$5.3M$3.8M$4.8M$5.1M$13.4M$8.1M
Inventory $2.8M$195.0K$155.0K$251.0K$246.0K$449.0K$656.0K$1.2M$509.0K$487.0K
Total current assets $278.4M$237.3M$267.2M$243.3M$249.8M$356.8M$169.5M$159.9M$86.6M$45.6M
Property, plant and equipment $27.8M$19.7M$14.5M$11.4M$8.9M$8.3M$7.9M$6.4M$5.2M$1.9M
Goodwill $115.8M$94.7M$86.0M$86.0M$86.0M$74.0M$68.7M$99.1M$67.3M$26.3M
Other intangibles $87.9M$69.1M$62.1M$66.6M$78.6M$64.6M$63.9M$72.2M$33.6M$12.0M
Total assets $531.4M$436.6M$443.9M$419.9M$433.2M$514.0M$320.1M$361.1M$203.3M$85.8M
Accounts payable $2.2M$1.4M$2.6M$2.2M$565.0K$1.3M$1.7M$2.9M$1.9M$1.6M
Short-term debt $4.3M$7.0M$27.0K$4.1M$1.9M$12.3M$2.6M$4.7M$8.9M$5.5M
Total current liabilities $259.7M$223.6M$241.3M$235.2M$232.8M$348.6M$151.6M$148.5M$69.6M$41.4M
Long-term debt $63.3M$5.7M$4.3M$30.8M$33.1M$12.2M$24.1M$106.6M$67.0M$24.6M
Total liabilities $333.6M$239.3M$252.2M$274.8M$275.0M$368.3M$182.5M$258.6M$139.5M$67.6M
Retained earnings -$320.4M-$307.2M-$290.4M-$281.2M-$266.8M-$270.0M-$253.6M-$283.6M-$277.6M-$271.9M
Total equity $197.8M$197.3M$191.7M$145.1M$158.2M$145.7M$137.6M$102.5M$63.8M$18.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $22.2M$9.4M$18.9M$13.7M$1.4M$2.2M-$4.1M-$7.1M-$36.0K-$2.0M
Depreciation and amortisation $26.4M$22.1M$19.1M$18.7M$16.2M$14.7M$18.2M$12.9M$6.1M$3.6M
Stock-based compensation $7.7M$6.4M$5.4M$3.2M$3.0M$2.4M$2.3M$1.7M$593.0K$226.0K
Capital expenditure $787.0K$692.0K$1.6M$2.3M$2.0M$857.0K$1.0M$1.9M$1.4M$436.0K
Investing cash flow -$86.7M-$19.3M-$29.5M-$36.0M-$37.0M-$19.4M$85.6M-$107.2M-$58.5M-$18.8M
Financing cash flow $83.5M-$22.0M$24.2M-$12.4M-$90.7M$208.1M-$68.0M$101.8M$73.5M$32.3M
Buybacks ——————$5.0M—$5.0M$5.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012270.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50M 0 50M 100M 150M Revenue, FY2016: 35.5M Gross profit, FY2016: 27.4M Net income, FY2016: -972K Revenue, FY2017: 54.4M Gross profit, FY2017: 41.8M Net income, FY2017: -5.7M Revenue, FY2018: 63.6M Gross profit, FY2018: 39.5M Net income, FY2018: -7.5M Revenue, FY2019: 73.2M Gross profit, FY2019: 43.3M Net income, FY2019: 30M Revenue, FY2020: 65.5M Gross profit, FY2020: 38.1M Net income, FY2020: -16.3M Revenue, FY2021: 76.1M Gross profit, FY2021: 46.6M Net income, FY2021: 3.2M Revenue, FY2022: 95.8M Gross profit, FY2022: 62.5M Net income, FY2022: -14.5M Revenue, FY2023: 119.1M Gross profit, FY2023: 85.5M Net income, FY2023: -9.2M Gross profit, FY2024: 82.1M Net income, FY2024: -11.8M Gross profit, FY2025: 94.9M Net income, FY2025: -13.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $35.5M $54.4M $63.6M $73.2M $65.5M $76.1M $95.8M $119.1M — —
Gross profit $27.4M $41.8M $39.5M $43.3M $38.1M $46.6M $62.5M $85.5M $82.1M $94.9M
Net income -$972.0K -$5.7M -$7.5M $30.0M -$16.3M $3.2M -$14.5M -$9.2M -$11.8M -$13.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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