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Asure Software Inc

Company price
9.74 USD -0.16 ( 1.62%)
Last update at 2026-11-03T21:00:00Z
VOLUME
397840
Market Cap
260.01M

Momentum Score

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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.

Source: TradingView
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Day Price Range
9.56
Low
9.98
High
52 Week Price Range
6.80
Low
11.48
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Asure Software provides cloud-based human capital management, payroll, time and attendance and workplace management solutions for small- to mid-sized businesses and flexible workspace operators. Long-term growth drivers include recurring subscription revenue from cloud migration, rising demand for hybrid workplace and space-management tools, and cross-selling opportunities across its HCM and workplace offerings, which may benefit revenue stability and margin expansion. Key risks include intense competition from larger HCM and payroll providers, execution and integration challenges as the company scales, customer concentration and SMB demand sensitivity to economic cycles, and ongoing regulatory and compliance complexity that could pressure margins.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
9.90
Dividend Yield
-
Revenue TTM
140.54M
Revenue Per Share
5.12
Gross Profit TTM
94.87M
Debt / Equity
0.40
ROE
-6.64%
Net Debt
54.78M
ROCE
-2.63%
Diluted EPS TTM
-0.48

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -12.47M -10.84M -9.11M -14.35M 4.00M
Net income -13.13M -11.77M -9.21M -14.47M 3.19M
Selling general administrative 45.83M 40.50M 39.33M 33.92M 27.57M
Selling and marketing expenses 33.57M 28.32M 28.73M 20.26M 15.45M
Gross profit 94.87M 82.11M 85.54M 62.51M 46.56M
Reconciled depreciation 28.00M 23.53M 20.50M 20.41M 17.82M
Ebit -7.42M -9.82M -4.81M -9.92M -12.81M
Ebitda 20.58M -10.74M 15.81M 10.49M -13.84M
Depreciation and amortization 28.00M -0.92M 20.62M 20.41M -1.02M
Non operating income net other - - - - 8.31M
Operating income -8.41M -10.74M -3.00M -9.92M -12.81M
Other operating expenses 148.95M 130.53M 122.08M 107.14M 88.88M
Interest expense 5.06M 1.02M 4.30M 4.44M 2.04M
Tax provision 0.65M 0.93M 0.17M 0.11M 0.80M
Interest income 0.87M 0.91M 1.34M - -
Net interest income -4.19M -0.11M -5.75M -4.44M -2.04M
Income tax expense 0.65M 0.93M 0.11M 0.11M 0.80M
Total revenue 140.54M 119.79M 119.08M 95.83M 76.06M
Total operating expenses 103.28M 92.84M 88.54M 73.82M 59.38M
Cost of revenue 45.67M 37.69M 33.55M 33.32M 29.50M
Total other income expense net -4.07M -0.10M -6.11M -4.44M 16.81M
Net income from continuing ops -13.13M -11.77M -6.69M -14.47M 3.19M
Net income applicable to common shares - - - -14.47M 3.19M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 542.23M 436.64M 443.87M 419.91M 433.25M
Intangible assets 87.91M 69.11M 62.08M 66.59M 78.57M
Other current assets 234.44M 197.50M 222.55M 10.30M 230.85M
Total liab 344.43M 239.32M 252.21M 274.84M 275.00M
Total stockholder equity 197.80M 197.31M 191.66M 145.07M 158.24M
Deferred long term liab - - - - 1.59M
Other current liab 239.63M 205.46M 230.40M 218.56M 225.05M
Common stock 0.28M 0.27M 0.25M 0.21M 0.20M
Capital stock 0.28M 0.27M 0.25M 0.21M 0.20M
Retained earnings -320.35M -307.23M -290.44M -281.23M -266.76M
Other liab - - - 2.40M 4.31M
Good will 115.76M 94.72M 86.01M 86.01M 86.01M
Other assets - -7.97M 0.00M 5.52M 4.14M
Cash 25.24M 21.43M 30.32M 17.01M 13.43M
Total current liabilities 259.72M 223.64M 241.34M 235.18M 232.83M
Current deferred revenue 11.62M 8.36M 6.85M 8.46M 3.75M
Net debt 54.78M -3.69M -19.88M 26.21M 27.90M
Short term debt 6.30M 8.45M 1.52M 5.97M 3.46M
Short long term debt 4.34M 7.01M 0.03M 4.11M 1.91M
Short long term debt total 80.02M 17.73M 10.44M 43.22M 41.32M
Other stockholder equity 517.43M 504.85M 482.96M 428.57M 424.89M
Property plant equipment - - - 18.50M 14.69M
Total current assets 278.37M 237.28M 267.22M 243.28M 249.83M
Net tangible assets - - - -7.54M -6.34M
Net receivables 15.86M 18.15M 14.20M 12.12M 5.31M
Long term debt 63.28M 5.71M 4.28M 30.80M 33.12M
Inventory 2.83M 0.20M 0.15M 0.25M 0.25M
Accounts payable 2.17M 1.36M 2.57M 2.19M 0.56M
Accumulated other comprehensive income 0.43M -0.57M -1.11M -2.48M -0.10M
Common stock total equity - - - - 0.20M
Retained earnings total equity - - - - -266.76M
Treasury stock - - - - -5.02M
Non currrent assets other 26.35M 19.78M 9.05M 5.52M 4.14M
Non current assets total 263.86M 207.33M 176.65M 176.63M 183.41M
Capital lease obligations 7.18M 5.02M 6.13M 8.32M 6.30M
Long term debt total - - - - 33.12M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -18.99M -19.26M -20.18M -36.00M -7.17M
Change to liabilities - - - 7.07M -1.47M
Total cashflows from investing activities -86.68M -19.26M -29.52M -36.00M -36.97M
Net borrowings 50.76M 4.58M -35.63M -1.69M 14.77M
Total cash from financing activities 83.45M -22.04M 24.20M -12.38M -90.65M
Change to operating activities - - - 5.82M -12.17M
Net income -13.13M -11.77M -9.21M -14.47M 3.19M
Change in cash 18.99M -31.91M 13.58M -34.70M -126.24M
Begin period cash flow 145.71M 177.62M 164.04M 198.74M 324.99M
End period cash flow 164.70M 145.71M 177.62M 164.04M 198.74M
Total cash from operating activities 22.22M 9.39M 18.90M 13.67M 1.38M
Issuance of capital stock 1.34M 1.37M 46.29M 0.50M 0.68M
Depreciation 28.00M 23.53M 20.62M 20.41M 17.82M
Other cashflows from investing activities -29.40M -23.44M -14.68M -27.16M -29.67M
Change to inventory 0.75M -0.04M 0.10M -0.01M 0.14M
Change to account receivables 3.19M -4.00M -4.13M -7.62M -1.29M
Sale purchase of stock - - - - 0.68M
Other cashflows from financing activities 31.36M -27.99M 13.03M -11.19M -76.67M
Change to netincome - - - 1.75M -5.15M
Capital expenditures 0.79M 24.14M 16.26M 8.84M 29.80M
Change receivables - - - - -1.29M
Cash flows other operating - - - - -11.77M
Cash and cash equivalents changes - - - - -126.24M
Change in working capital -3.95M -7.78M -1.42M 5.26M -14.79M
Stock based compensation 7.74M 6.44M 5.43M 3.18M 2.99M
Other non cash items 2.90M -1.92M 3.26M -0.62M -8.54M
Free cash flow 21.43M -14.75M 2.64M 4.84M -28.42M

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ASUR
Asure Software Inc
-0.16
1.62%
9.74 - 10.14 1.85 1.31 2.20 15.04
SAP
SAP SE ADR
-3.31
1.42%
230.31 28.16 22.42 6.52 4.85 5.60 16.61
CRM
Salesforce.com Inc
-3.98
1.76%
222.20 23.41 15.55 4.79 5.56 5.55 14.88
SAPGF
SAP SE
-3.03
1.29%
232.00 76.28 22.88 5.61 3.84 5.59 26.18
SHOP
Shopify Inc
-13.65
8.74%
142.57 90.18 53.19 12.70 13.17 12.23 67.86

Profile*

Asure Software Inc

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.

405 Colorado Street, Austin, TX, United States, 78701

512 437 2700

627

Name Title Year Born
Mr. Patrick F. Goepel Chairman & CEO 1962
Mr. Eyal Goldstein Pres & Chief Revenue Officer 1976
Mr. John F. Pence CFO, Principal Accounting Officer & Corp. Sec. 1971
Randal Rudniski VP of Investor Relations, Financial Planning & Analysis NA
Ms. Yasmine Rodriguez Sr. VP and GM of Tax & Compliance NA
Mr. Mike Vannoy VP of Marketing NA
Cheryl Trbula Director of HR NA
Mr. Todd Waletzki Chief of Staff NA
Mr. Eyal Goldstein President & Chief Revenue Officer 1976
Mr. John F. Pence CFO, Principal Accounting Officer & Corporate Secretary 1971

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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