Asure Software, Inc.

ASUR

ASURAsure Software, Inc. US flag

NASDAQ Capital Market

8.99

USD

-0.35

- -

257.85MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	11	20	25	27	27	36	54	64	73	66	76	96	119	120	141
+ Sales & Services Revenue	11	20	25	27	27	36	54	64	73	66	76	96	119	120	141
- Cost of Revenue	2	5	6	6	7	8	13	24	30	27	30	33	34	38	46
+ Cost of Goods & Services	2	5	6	6	7	8	13	24	30	27	30	33	34	38	46
Gross Profit	9	15	19	21	20	27	42	40	43	38	47	63	86	82	95
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	9	16	18	19	20	26	43	50	59	53	60	74	89	93	103
+ Selling, General & Admin	6	12	13	14	15	21	34	37	42	37	43	54	68	69	79
+ Research & Development	2	2	3	3	3	3	4	6	5	6	5	6	7	8	6
+ Other Operating Expense	1	2	2	2	2	2	4	7	12	10	11	13	14	16	18
Operating Income (Loss)	- -	-1	1	2	- -	1	-1	-11	-15	-15	-13	-11	-3	-11	-8
- Non-Operating (Income) Loss	1	2	2	2	1	2	5	9	51	1	-17	3	6	- -	4
+ Interest Expense, Net	1	2	2	1	1	2	5	9	16	1	2	4	4	- -	4
+ Interest Expense	1	2	2	1	1	2	5	9	16	1	2	4	6	1	5
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	35	- -	-19	-1	2	- -	- -
Pretax Income	-1	-3	-2	- -	-2	-1	-6	-19	-66	-16	4	-14	-9	-11	-12
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	- -	-8	-24	- -	1	- -	- -	1	1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-1	-3	-2	- -	-2	-1	-6	-11	-42	-16	3	-14	-9	-12	-13
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	-4	-72	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	4	72	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	-8	-145	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-1	-3	-2	- -	-2	-1	-6	-8	30	-16	3	-14	-9	-12	-13
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-1	-3	-2	- -	-2	-1	-6	-8	30	-16	3	-14	-9	-12	-13
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-1	-3	-2	- -	-2	-1	-6	-8	30	-16	3	-14	-9	-12	-13
EBIT	- -	-1	1	2	- -	1	-1	-11	-15	-15	-13	-11	-3	-11	-8
EBITDA	1	2	4	4	3	5	5	2	3	1	5	9	18	13	20
EBITDA Margin (%)	10.43	8.93	14.64	16.19	10.02	13.62	9.29	3.44	3.87	1.96	6.39	9.5	14.79	10.68	13.94
EBITA	- -	-1	1	2	- -	1	-1	-11	-15	-15	-13	-11	-3	-11	-8
Gross Margin (%)	79.08	77.09	74.78	76.79	72.72	77.16	76.82	62.09	59.21	58.15	61.22	65.23	71.83	68.54	67.51
Operating Margin (%)	0.83	-2.57	3.07	5.82	-1.18	3.45	-1.84	-16.88	-20.97	-22.73	-17.04	-11.8	-2.52	-8.96	-5.98
Profit Margin (%)	-5.93	-15.19	-6.52	-0.96	-6.53	-2.73	-10.51	-11.86	41.01	-24.9	4.2	-15.1	-7.74	-9.83	-9.34
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	2	3	3	3	4	6	13	18	16	18	20	21	24	28
Basic Weighted Avg Shares	5	5	6	6	6	7	11	14	16	16	19	20	22	26	27
Basic EPS, GAAP	-0.14	-0.6	-0.29	-0.04	-0.28	-0.15	-0.53	-0.54	1.93	-1.03	0.17	-0.72	-0.42	-0.45	-0.48
Basic EPS from Cont Ops	-0.14	-0.6	-0.29	-0.04	-0.28	-0.15	-0.53	-0.81	-2.72	-1.03	0.17	-0.72	-0.42	-0.45	-0.48
Diluted Weighted Avg Shares	5	5	6	6	6	7	11	14	16	16	20	20	22	26	27
Diluted EPS, GAAP	-0.14	-0.6	-0.29	-0.04	-0.28	-0.15	-0.53	-0.54	1.93	-1.03	0.16	-0.72	-0.42	-0.45	-0.48
Diluted EPS from Cont Ops	-0.14	-0.6	-0.29	-0.04	-0.28	-0.15	-0.53	-0.81	-2.72	-1.03	0.16	-0.72	-0.42	-0.45	-0.48

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	3	7	10	7	8	46	87	160	169	357	250	243	267	237	278
+ Cash, Cash Equivalents & STI	1	2	4	- -	1	36	70	138	29	29	13	17	30	21	25
+ Cash & Cash Equivalents	1	2	4	- -	1	13	28	15	29	29	13	17	30	21	25
+ ST Investments	- -	- -	- -	- -	- -	23	42	122	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	2	3	4	5	5	8	13	5	11	4	5	12	14	18	16
+ Accounts Receivable, Net	1	3	4	5	5	8	13	5	5	4	5	12	14	18	16
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	1	- -	1	1	1	- -	- -	- -	- -	- -	3
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	1	- -	1	1	1	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3
+ Other ST Assets	- -	2	2	1	1	1	3	16	129	324	231	214	223	198	234
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	13	29	26	27	26	40	117	201	151	157	183	177	177	199	253
+ Property, Plant & Equip, Net	- -	1	1	2	2	2	5	6	15	15	15	19	20	24	34
+ Property, Plant & Equip	9	11	12	12	14	18	22	20	28	28	32	38	44	49	66
- Accumulated Depreciation	9	10	10	11	11	16	17	13	13	13	17	19	24	26	32
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	13	28	25	26	24	38	112	195	136	142	169	158	157	176	219
+ Total Intangible Assets	13	28	25	26	23	38	111	171	133	139	165	153	148	164	204
+ Goodwill	6	16	15	18	17	26	77	99	69	74	86	86	86	95	116
+ Other Intangible Assets	6	12	10	8	6	12	34	72	64	65	79	67	62	69	88
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -	- -	- -	1	23	3	4	4	6	9	12	16
Total Assets	16	36	36	34	34	86	203	361	320	514	433	420	444	437	531
+ Payables & Accruals	2	3	3	3	3	3	3	4	8	3	3	6	6	8	9
+ Accounts Payable	1	3	2	2	3	2	2	3	2	1	1	2	3	1	2
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	1	1	1	1	1	1	1	4	1	2	4	4	7	6
+ ST Debt	1	3	4	1	1	5	9	5	4	14	3	6	2	8	6
+ ST Borrowings	1	3	4	1	1	5	9	5	3	12	2	4	- -	7	4
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	2	2	2	2	1	1	2
+ Other ST Liabilities	5	10	11	11	12	33	58	140	139	332	226	223	233	207	245
+ Deferred Revenue	5	10	10	11	11	9	13	3	6	4	4	8	7	8	12
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	1	24	45	137	134	327	223	215	227	199	233
Total Current Liabilities	7	17	17	14	16	41	70	148	152	349	233	235	241	224	260
+ LT Debt	6	17	13	14	12	25	67	107	30	18	38	37	9	9	69
+ LT Borrowings	6	17	13	14	12	25	67	107	24	12	33	31	4	6	63
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	6	5	5	6	5	4	5
+ Other LT Liabilities	1	1	1	1	2	2	3	3	1	2	4	2	2	6	5
+ Accrued Liabilities	- -	- -	1	- -	1	1	2	2	1	1	2	2	2	6	5
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	- -	- -	1	1	1	1	2	- -	1	3	- -	- -	- -	- -
Total Noncurrent Liabilities	7	17	14	16	14	26	70	110	31	20	42	40	11	16	74
Total Liabilities	14	34	31	30	30	68	140	259	182	368	275	275	252	239	334
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	271	275	278	279	280	295	346	392	396	420	430	434	488	505	518
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	271	274	278	279	280	295	346	392	396	420	430	434	488	505	517
- Treasury Stock	5	5	5	5	5	5	5	5	5	5	5	5	5	- -	- -
+ Retained Earnings	-264	-267	-269	-269	-271	-272	-278	-284	-254	-270	-267	-281	-290	-307	-320
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	-1	- -	1	- -	-2	-1	-1	- -
Equity Before Minority Interest	2	2	4	4	4	18	64	103	138	146	158	145	192	197	198
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	2	2	4	4	4	18	64	103	138	146	158	145	192	197	198
Total Liabilities & Equity	16	36	36	34	34	86	203	361	320	514	433	420	444	437	531
Shares Outstanding	5	5	6	6	6	9	12	15	16	19	20	20	25	27	28
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	8	7	6	8	6	5	7
Net Debt	5	18	13	15	12	17	48	96	-2	-4	22	18	-26	-9	42
Net Debt to Equity	259.3	831.48	309.89	331.27	326.39	94.65	75.38	93.57	-1.54	-2.78	13.65	12.33	-13.57	-4.41	21.43
Tangible Common Equity Ratio	-299	-302.51	-187.24	-246.95	-190.67	-42.22	-51	-36.28	2.68	1.9	-2.36	-2.82	14.73	12.27	-1.79
Current Ratio	0.42	0.44	0.55	0.49	0.48	1.1	1.24	1.08	1.12	1.02	1.07	1.03	1.11	1.06	1.07
Cash Conversion Cycle	-70.41	-90.63	-68.77	-22.37	-5.12	-4.9	36.02	29.89	6.75	11.19	14.72	20.81	16.56	31.96	42.87

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-1	-3	-2	- -	-2	-1	-6	-8	30	-16	3	-14	-9	-12	-13
+ Depreciation & Amortization	1	2	3	3	3	4	6	13	18	16	18	20	21	24	28
+ Non-Cash Items	1	1	- -	1	1	1	1	-4	-53	4	-5	2	9	5	11
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	1	2	2	2	3	3	5	6	8
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	-7	-1	1	1	- -	- -	1	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	35	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	1	1	- -	- -	- -	- -	- -	1	-90	1	-9	-1	3	-2	3
+ Chg in Non-Cash Work Cap	2	2	- -	-1	2	-5	-1	-8	1	-2	-15	5	-1	-8	-4
+ (Inc) Dec in Accts Receiv	- -	1	-1	-1	1	-3	-4	-2	-1	1	-1	-8	-4	-4	3
+ (Inc) Dec in Inventories	- -	- -	- -	- -	-1	- -	- -	-3	-2	- -	- -	- -	- -	- -	1
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	-1	- -	-1	-1	-3	5	-11	3	5	-2	-1
+ Inc (Dec) in Accts Payable	1	1	- -	- -	2	-1	1	-1	2	-6	- -	5	- -	-2	-3
+ Inc (Dec) in Other	2	1	1	1	1	-2	3	-1	5	-2	-2	4	-3	- -	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	3	3	2	3	3	-2	- -	-7	-4	2	1	14	19	9	22
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	- -	-1	-1	- -	-3	-6	-1	-14	-26	-5	-9	-6	-16
+ Acq of Fixed Prod Assets	- -	-1	- -	-1	-1	- -	-1	-2	-1	-1	- -	-2	-2	-1	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	-2	-4	- -	-13	-26	-2	-8	-5	-16
+ Cash (Repurchase) of Equity	- -	- -	3	- -	1	15	28	39	1	21	1	- -	47	1	1
+ Increase in Capital Stock	- -	- -	3	- -	1	15	28	39	1	21	1	- -	47	1	1
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	-7	-27	-13	5	-19
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	11	22	10	14	21	26
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	-13	-29	-37	-28	-16	-45
+ Net Cash From Acq & Div	-10	-10	- -	-3	- -	-12	-45	-67	-7	-13	- -	- -	- -	-8	-38
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-10	-10	- -	-3	- -	-12	-45	-67	-7	-13	- -	- -	- -	-8	-38
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	-6	-10	-34	94	10	-4	-4	-7	-10	-14
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	118	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-10	-11	- -	-4	-1	-19	-58	-107	86	-19	-37	-36	-30	-19	-87
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	15	10	1	-2	-2	11	37	30	-90	-3	15	-2	-36	5	51
+ Cash From Debt	15	14	8	36	5	18	46	46	39	9	29	- -	- -	5	58
+ Repayments of Debt	- -	-5	-7	-39	-7	-7	-9	-16	-129	-12	-15	-2	-36	- -	-7
+ Other Financing Activities	-7	- -	-4	- -	- -	6	9	33	21	190	-106	-11	13	-28	31
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	7	9	- -	-2	-1	32	74	102	-68	208	-91	-12	24	-22	83
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	1	2	-4	1	12	15	-13	13	191	-126	-35	14	-32	19
EBITDA	1	2	4	4	3	5	5	2	3	1	5	9	18	13	20
EBITDA Margin (%)	10.43	8.93	14.64	16.19	10.02	13.62	9.29	3.44	3.87	1.96	6.39	9.5	14.79	10.68	13.94
Free Cash Flow	3	2	2	2	2	-2	-3	-13	-5	-12	-24	9	10	3	6
Net Cash Paid for Acquisitions	10	10	- -	3	- -	12	45	67	7	13	- -	- -	- -	8	38
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-23	- -	- -	- -	- -
Free Cash Flow to Equity	18	12	3	- -	- -	9	35	20	-95	-2	16	10	-18	13	72
Free Cash Flow per Basic Share	0.7	0.31	0.28	0.32	0.32	-0.37	-0.28	-0.92	-0.33	-0.74	-1.26	0.45	0.44	0.13	0.21
Price/Free Cash Flow	5.66	7.29	12.86	9.62	5.85	-35.28	50.89	-53.31	-41.02	6.96	5.65	10.28	7.49	15.88	6.68
Cash Flow to Net Income	-5.17	-0.93	-1.22	-10.33	-1.91	2.07	0.01	0.94	-0.14	-0.14	0.43	-0.95	-2.05	-0.8	-1.69
Capital Expenditures	- -	-1	- -	-1	-1	- -	-3	-6	-1	-14	-26	-5	-9	-6	-16