ASUR
Asure Software, Inc.8.99
+0.12+1.35%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
249.60MP/E (TTM)
-Basic EPS (TTM)
-0.63Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Asure Q2 revenue up 7%
Asure Software reported Q2 2025 revenue of $30.1 million, up 7% year-over-year, with recurring revenue rising 6% to $28.6 million, though net loss widened to $6.1 million from $4.4 million. Adjusted EBITDA climbed to $5.2 million, signaling operational resilience. On July 1, 2025, the company acquired Lathem Time for $39.5 million, bolstering its time and attendance offerings with complementary recurring revenue streams. This acquisition positions Asure for accelerated cross-selling. Full-year revenue guidance now spans $138.0 million to $142.0 million. Integration risks loom large.
10-Q
Q2 FY2025 results
Asure Software posted solid revenue growth in Q2 FY2025 ended June 30, 2025, with total revenue up 7% y/y to $30.1M and recurring revenue climbing 6% y/y to $28.6M, while gross profit rose 6% y/y to $19.9M at a steady 66% margin. Operating loss widened slightly to $4.7M from $4.2M y/y, but net loss deepened to $6.1M or $0.22 per diluted share from $4.4M or $0.17, driven by higher interest expense on new debt. Cash from operations turned positive at $5.2M for the half-year, boosting cash to $66M; free cash flow not disclosed in the 10-Q. The company secured a $60M term loan maturing April 2030 at 9.33%, with $11.3M in acquisition notes, and completed four asset buys adding $9.4M in customer intangibles amortized over eight years. Yet debt covenants tightened liquidity needs to $10M minimum.
8-K
Asure acquires Lathem Time
Asure Software snapped up Lathem Time for $39.5 million on July 1, 2025, bolstering its time and attendance lineup. The deal, financed by drawing the final $40 million from its credit facility, triggered an amendment hiking the minimum liquidity threshold to $7.5 million while doubling the final payment fee to 2%. This acquisition expands Asure's offerings yet tightens financial covenants.
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