Asure Software, Inc. (ASUR)

Asure Software Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	122.99	119.79	119.08	95.83	76.06	65.51
Revenue	122.99	119.79	119.08	95.83	76.06	65.51
Revenue Growth (YoY)	4.52%	0.60%	24.27%	25.98%	16.12%	-10.45%
Cost of Revenue	38.89	37.69	33.55	33.32	29.5	27.41
Gross Profit	84.11	82.11	85.54	62.51	46.56	38.09
Selling, General & Admin	71.27	68.82	68.07	54.18	43.17	37.48
Research & Development	8.07	7.81	6.85	6.15	5.41	5.96
Operating Expenses	96.42	92.84	88.54	73.82	59.53	52.98
Operating Income	-12.31	-10.74	-3	-11.31	-12.96	-14.89
Interest Expense	-1.3	-1.02	-5.64	-4.44	-2.04	-1.22
Interest & Investment Income	0.75	0.91	1.34	-	-	-
Other Non Operating Income (Expenses)	0.19	0.01	-	0.15	0.15	-
EBT Excluding Unusual Items	-12.67	-10.84	-7.3	-15.6	-14.85	-16.11
Gain (Loss) on Sale of Assets	-	-	-0.29	-	-	-
Other Unusual Items	-	-	-1.52	1.25	18.85	0.14
Pretax Income	-12.67	-10.84	-9.11	-14.35	4	-15.97
Income Tax Expense	1.19	0.93	0.11	0.11	0.8	0.34
Earnings From Continuing Operations	-13.86	-11.77	-9.21	-14.47	3.19	-16.31
Net Income	-13.86	-11.77	-9.21	-14.47	3.19	-16.31
Net Income to Common	-13.86	-11.77	-9.21	-14.47	3.19	-16.31
Shares Outstanding (Basic)	26	26	22	20	19	16
Shares Outstanding (Diluted)	26	26	22	20	20	16
Shares Change (YoY)	13.15%	17.69%	10.05%	3.12%	22.62%	2.57%
EPS (Basic)	-0.52	-0.45	-0.42	-0.72	0.17	-1.03
EPS (Diluted)	-0.53	-0.45	-0.42	-0.72	0.16	-1.03
Free Cash Flow	14.69	8.7	17.32	11.36	1.25	1.38
Free Cash Flow Per Share	0.56	0.33	0.78	0.56	0.06	0.09
Gross Margin	68.38%	68.54%	71.83%	65.23%	61.22%	58.15%
Operating Margin	-10.01%	-8.96%	-2.52%	-11.80%	-17.04%	-22.73%
Profit Margin	-11.27%	-9.83%	-7.74%	-15.10%	4.20%	-24.90%
Free Cash Flow Margin	11.94%	7.26%	14.54%	11.85%	1.64%	2.10%
EBITDA	10.94	11.41	16.14	7.4	3.28	-0.23
EBITDA Margin	8.90%	9.52%	13.55%	7.72%	4.32%	-0.36%
D&A For EBITDA	23.25	22.14	19.14	18.71	16.25	14.66
EBIT	-12.31	-10.74	-3	-11.31	-12.96	-14.89
EBIT Margin	-10.01%	-8.96%	-2.52%	-11.80%	-17.04%	-22.73%
Effective Tax Rate	-	-	-	-	20.08%	-
Revenue as Reported	122.99	119.79	119.08	95.83	76.06	65.51
Advertising Expenses	-	1.99	1.79	1.06	0.11	0.03

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q