ASUR - Asure Software Inc Stock Price, Fair Value and News

7.54USD-0.09 (-1.18%)Delayed as of 17 May 2024, 10:56 am ET

Market Summary

USD7.54-0.09

Delayedas of 17 May 2024, 10:56 am

-1.18%

ASUR Stock Price

View Fullscreen

ASUR RSI Chart

ASUR Valuation

Market Cap

197.0M

Price/Earnings (Trailing)

-19.97

Price/Sales (Trailing)

1.67

EV/EBITDA

1.24

Price/Free Cashflow

21.26

ASUR Price/Sales (Trailing)

ASUR Profitability

EBT Margin

-8.06%

Return on Equity

-4.99%

Return on Assets

-2.1%

Free Cashflow Yield

4.7%

ASUR Fundamentals

ASUR Revenue

Revenue (TTM)

117.7M

Rev. Growth (Yr)

-4.27%

Rev. Growth (Qtr)

20.51%

ASUR Earnings

Earnings (TTM)

-9.9M

Earnings Growth (Yr)

-190.86%

Earnings Growth (Qtr)

91.4%

Breaking Down ASUR Revenue

52 Week Range

7.5115.54

(Low)(High)

Last 7 days

1.2%

Last 30 days

7.6%

Last 90 days

-26.6%

Trailing 12 Months

-40.7%

How does ASUR drawdown profile look like?

ASUR Financial Health

Current Ratio

1.09

ASUR Investor Care

Shares Dilution (1Y)

25.17%

Diluted EPS (TTM)

-0.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	117.7M	0	0	0
2023	104.6M	114.7M	122.1M	119.1M
2022	80.6M	83.7M	87.6M	95.8M
2021	66.4M	69.4M	71.4M	76.1M
2020	71.7M	68.5M	66.7M	65.5M
2019	66.0M	68.4M	70.8M	73.2M
2018	63.0M	71.9M	79.8M	63.6M
2017	39.5M	42.8M	48.9M	54.4M
2016	27.3M	29.8M	32.6M	35.5M
2015	27.0M	27.6M	27.2M	26.9M
2014	26.0M	26.3M	26.8M	27.2M
2013	21.8M	23.9M	24.7M	25.5M
2012	12.7M	14.5M	17.7M	20.0M
2011	9.9M	9.7M	9.7M	10.9M
2010	0	0	0	10.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Asure Software Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	goepel patrick	bought	7,345	7.28	1,009	chairman & ceo
May 07, 2024	goepel patrick	bought	728	7.28	100	chairman & ceo
Feb 26, 2024	goepel patrick	acquired	-	-	100,000	chairman & ceo
Feb 26, 2024	pence john f	acquired	-	-	60,000	chief financial officer
Feb 26, 2024	goldstein eyal	acquired	-	-	90,000	chief revenue officer
Jan 01, 2024	allen ben f	acquired	-	-	7,000	-
Jan 01, 2024	gill daniel m	acquired	-	-	7,000	-
Jan 01, 2024	oberwager bradford scovill	acquired	-	-	7,000	-
Jan 01, 2024	goepel patrick	acquired	-	-	70,000	chairman & ceo
Jan 01, 2024	drew william carl	acquired	-	-	7,000	-

Which funds bought or sold ASUR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MORGAN STANLEY	reduced	-46.41	-2,363,640	1,841,470	-%
May 15, 2024	Quarry LP	sold off	-100	-3,560	-	-%
May 15, 2024	Woodline Partners LP	new	-	81,363	81,363	-%
May 15, 2024	TOWNSQUARE CAPITAL LLC	sold off	-100	-205,547	-	-%
May 15, 2024	SHERBROOKE PARK ADVISERS LLC	sold off	-100	-122,541	-	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	-40,000	180,000	-%
May 15, 2024	BARCLAYS PLC	reduced	-52.31	-195,000	124,000	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	reduced	-90.52	-1,293,000	109,000	-%
May 15, 2024	STATE STREET CORP	added	6.76	-481,866	3,296,690	-%
May 15, 2024	DEUTSCHE BANK AG\	reduced	-0.22	-456,120	2,014,750	-%

Are Funds Buying or Selling ASUR?

Are funds buying ASUR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ASUR

No. of Funds

Unveiling Asure Software Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 21, 2024	needham investment management llc	5.15%	1,315,000	SC 13G
Feb 14, 2024	arrowmark colorado holdings llc	0%	0	SC 13G/A
Feb 13, 2024	archon capital management llc	4.16%	1,034,892	SC 13G/A
Feb 05, 2024	private capital management, llc	17.10%	4,248,231	SC 13G/A
Jan 29, 2024	blackrock inc.	5.9%	1,456,025	SC 13G
May 05, 2023	millennium management llc	5.2%	1,955,369	SC 13G
May 05, 2023	millennium management llc	4.8%	975,343	SC 13G
Feb 14, 2023	arrowmark colorado holdings llc	8.82%	1,778,292	SC 13G/A
Feb 13, 2023	pacific ridge capital partners, llc	4.65%	936,985	SC 13G/A
Feb 13, 2023	archon capital management llc	6.42%	1,294,987	SC 13G/A

Recent SEC filings of Asure Software Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
May 02, 2024	D	D
Apr 19, 2024	EFFECT	EFFECT
Apr 19, 2024	EFFECT	EFFECT
Apr 19, 2024	424B3	Prospectus Filed
Apr 19, 2024	424B3	Prospectus Filed
Apr 09, 2024	S-4	Mergers and Acquisition

Peers (Alternatives to Asure Software Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	276.2B	34.9B	2.64%	35.99%	66.78	7.92	11.18%	1888.46%
UBER	138.0B	38.6B	-10.89%	74.58%	99.3	3.58	14.01%	141.26%
ADSK	47.2B	5.3B	-3.40%	11.10%	51.44	8.82	9.15%	48.14%
ANSS	28.6B	2.2B	0.22%	8.56%	65.8	12.84	3.59%	-21.47%
ZM	19.2B	4.5B	7.91%	-5.72%	30.18	4.25	3.06%	514.65%
MID-CAP
APPF	8.9B	671.8M	15.04%	73.64%	116.5	13.26	33.64%	185.98%
LYFT	6.8B	4.7B	-7.12%	102.99%	-36.99	1.46	10.90%	88.31%
ALRM	3.5B	895.2M	7.71%	38.18%	39.05	3.91	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	27.90%	-2.71%	-11.63	10.66	11.14%	-3.59%
AGYS	2.7B	228.1M	21.22%	44.46%	31.02	11.87	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	264.2M	572.4M	44.69%	-80.57%	-1.34	0.46	-19.38%	-489.49%
AEYE	240.0M	31.6M	57.11%	237.99%	-40.87	7.59	2.76%	43.72%
ASUR	197.0M	117.7M	7.61%	-40.73%	-19.97	1.67	12.54%	11.24%

Asure Software Inc News

Latest updates

Asure Software Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	20.5%	31,652	26,264	29,334	30,420	33,064	29,292	21,903	20,300	24,333	21,113	17,981	17,168	19,802	16,430	16,015	14,115	18,947	17,612	17,854	17,274	20,410
Gross Profit	26.7%	22,607	17,839	21,280	22,018	24,400	21,138	13,647	12,261	15,464	13,259	10,868	9,945	12,492	9,806	9,073	8,107	11,107	8,175	10,768	10,215	14,156
Costs and Expenses	-	-	-	-	-	-	-	-	-	-	16,510	14,941	14,314	13,761	15,013	13,749	11,688	12,620	52,220	13,810	13,048	14,633
Operating Expenses	-	23,048	-	21,027	23,470	22,437	-	17,355	18,109	17,635	-	14,941	14,314	13,761	-	-	-	-	-	-	-	-
S&GA Expenses	20.9%	7,767	6,422	6,597	8,515	7,200	6,022	4,752	4,589	4,897	4,318	3,897	3,622	3,611	3,632	3,573	2,769	3,575	32,527	3,245	3,058	2,705
R&D Expenses	1.7%	1,769	1,739	1,803	1,325	1,979	1,624	1,230	1,472	1,821	1,438	1,505	1,343	1,124	1,603	1,805	1,377	1,174	1,790	1,271	969	1,321
EBITDA Margin	-4.2%	0.05*	0.05*	0.05*	0.04*	0.02*	0.00*	-0.03*	0.08*	0.21*	0.24*	0.23*	0.09*	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	23.00	-782	-1,593	-1,944	-1,421	-1,122	-1,085	-820	-1,061	-530	-223	-224	-450	-397	14.00	-235	24,500	-2,712	-3,069	-2,714
Income Taxes	120.9%	33.00	-158	-123	627	-237	-94.00	102	74.00	30.00	139	260	298	105	266	-325	377	19.00	-24,623	-130	396	246
Earnings Before Taxes	92.6%	-275	-3,740	-2,329	-3,138	102	-1,150	-4,431	-5,786	-2,987	-4,162	5,588	4,062	-1,493	-5,575	-5,084	-3,567	-1,748	-51,555	-5,754	-5,902	-3,191
EBT Margin	-5.4%	-0.08*	-0.08*	-0.05*	-0.08*	-0.11*	-0.15*	-0.20*	-0.09*	0.03*	0.05*	0.04*	-0.12*	-	-	-	-	-	-	-	-	-
Net Income	91.4%	-308	-3,582	-2,206	-3,765	339	-1,056	-4,533	-5,860	-3,017	-4,301	5,328	3,764	-1,598	-5,841	-4,759	-3,944	-1,767	41,218	-3,356	-4,967	-2,894
Net Income Margin	-8.3%	-0.08*	-0.08*	-0.05*	-0.08*	-0.11*	-0.15*	-0.20*	-0.09*	0.02*	0.04*	0.02*	-0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	-161.2%	-4,187	6,845	5,394	1,214	3,862	6,587	-2,406	4,700	2,475	2,489	740	-575	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.7%	469	444	394	401	439	420	391	395	450	433	392	386	441	514	373	303	300	320	335	357	380
Current Assets	5.7%	282	267	224	229	265	243	211	215	268	250	205	235	286	357	220	154	150	169	124	143	163
Cash Equivalents	527.5%	190	30.00	33.00	22.00	21.00	17.00	11.00	15.00	12.00	199	12.00	20.00	24.00	325	13.00	29.00	21.00	134	13.00	15.00	17.00
Inventory	32.3%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	5.00	5.00	4.00
Net PPE	9.0%	16.00	15.00	13.00	13.00	12.00	11.00	11.00	9.00	9.00	9.00	9.00	9.00	9.00	8.00	8.00	9.00	8.00	8.00	11.00	10.00	10.00
Goodwill	0%	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	74.00	74.00	74.00	71.00	69.00	69.00	69.00	116	116	116
Liabilities	7.7%	272	252	203	254	290	275	247	245	295	275	230	236	296	368	243	169	164	182	242	260	279
Current Liabilities	7.1%	258	241	193	215	251	235	205	201	252	233	187	220	279	349	220	143	135	152	121	138	155
Shareholder's Equity	3.1%	198	192	192	147	149	145	145	150	155	158	162	149	145	146	130	134	136	138	94.00	97.00	101
Retained Earnings	-1.8%	-295	-290	-286	-284	-280	-281	-280	-275	-269	-266	-262	-267	-271	-269	-264	-259	-255	-253	-294	-291	-286
Additional Paid-In Capital	1.3%	495	488	486	439	437	434	432	432	431	430	429	422	421	420	398	398	397	396	395	394	393
Shares Outstanding	3.0%	26.00	25.00	25.00	21.00	21.00	20.00	20.00	20.00	20.00	20.00	19.00	19.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	237	-	-	-	109	-	-	-	161	-	-	-	94.00	-	-	-	104	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-155.9%	-3,947	7,065	5,739	1,508	4,588	6,717	-524	4,951	2,530	2,522	754	-537	-1,361	-61.00	2,646	3,053	-3,403	-8,040	1,081	-1,405	4,247
Share Based Compensation	51.0%	1,902	1,260	1,251	1,582	1,337	838	799	814	729	901	714	714	626	632	708	587	438	688	577	392	611
Cashflow From Investing	60.4%	-4,495	-11,349	-910	-10,619	-6,647	-2,008	-12,421	-14,851	-6,719	-15,928	-26,222	4,535	645	-4,095	-7,182	-32,936	24,806	49,080	15,156	18,083	3,313
Cashflow From Financing	-53.8%	21,062	45,605	-5,798	-36,730	21,128	21,656	-1,508	-53,820	21,296	43,340	-16,333	-49,242	-68,415	142,603	75,844	19,099	-29,449	-24,708	-18,268	-18,640	-6,402

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

ASUR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 31,652	$ 33,064
Cost of Sales	9,045	8,664
Gross profit	22,607	24,400
Operating expenses:
Sales and marketing	7,767	7,200
General and administrative	10,063	9,956
Research and development	1,769	1,979
Amortization of intangible assets	3,449	3,302
Total operating expenses	23,048	22,437
(Loss) income from operations	(441)	1,963
Investment Income, Nonoperating	336	349
Interest Expense, Nonoperating	(180)	(2,293)
Other Nonoperating Income (Expense)	10	83
(Loss) income from operations before income taxes	(275)	102
Income tax expense (benefit)	33	(237)
Net (loss) income	(308)	339
Other comprehensive (loss) income:
Unrealized (loss) income on marketable securities	(244)	481
Comprehensive (loss) income	$ (552)	$ 820
Basic and diluted (loss) income per share
Basic (in Dollars per share)	$ (0.01)	$ 0.02
Diluted (in Dollars per share)	$ (0.01)	$ 0.02
Weighted average basic and diluted shares
Basic (in shares)	25,334	20,347
Diluted (in shares)	25,334	21,041
Recurring
Revenue:
Total revenue	$ 30,273	$ 27,956
Professional services, hardware and other
Revenue:
Total revenue	$ 1,379	$ 5,108

ASUR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 23,166	$ 30,317
Accounts receivable, net of allowance for credit losses of $5,108 and $4,787 at March 31, 2024 and December 31, 2023, respectively	15,074	14,202
Inventory	205	155
Prepaid expenses and other current assets	4,187	3,471
Total current assets before funds held for clients	42,632	48,145
Funds held for clients	239,808	219,075
Total current assets	282,440	267,220
Property and equipment, net	15,822	14,517
Goodwill	86,011	86,011
Intangible assets, net	70,960	62,082
Operating lease assets, net	4,674	4,991
Other assets, net	9,431	9,047
Total assets	469,338	443,868
Current liabilities:
Current portion of notes payable	23	27
Accounts payable	1,610	2,570
Accrued compensation and benefits	3,399	6,519
Operating lease liabilities, current	1,510	1,490
Other accrued liabilities	7,170	3,862
Deferred revenue	3,547	6,853
Total current liabilities before client fund obligations	17,259	21,321
Client fund obligations	241,141	220,019
Total current liabilities	258,400	241,340
Long-term liabilities:
Deferred revenue	960	16
Deferred tax liability	1,751	1,728
Notes payable, net of current portion	5,256	4,282
Operating lease liabilities, noncurrent	4,281	4,638
Other liabilities	1,015	209
Total long-term liabilities	13,263	10,873
Total liabilities	271,663	252,213
Stockholders’ equity:
Preferred stock, $0.01 par value; 1,500 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 44,000 shares authorized; 25,749 and 25,382 shares issued, 25,749 and 24,998 shares outstanding at March 31, 2024 and December 31, 2023, respectively	258	254
Treasury stock at cost, zero(1) and $384 shares at March 31, 2024 and December 31, 2023, respectively	0	(5,017)
Additional paid-in capital	494,537	487,973
Accumulated deficit	(295,761)	(290,440)
Accumulated other comprehensive loss	(1,359)	(1,115)
Total stockholders’ equity	197,675	191,655
Total liabilities and stockholders’ equity	$ 469,338	$ 443,868
Common stock, shares authorized	44,000	44,000
Treasury Stock, Common, Shares	0	384

About Asure Software Inc

Asure Software, Inc. provides cloud-based human capital management (HCM) software and services in the United States. It helps various small and medium-sized businesses to build productive teams to help them stay compliant and allocate resources to grow their business. The company's solutions include Asure Payroll & Tax, an integrated solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; human resource compliance that handles HR complexities, such as employee self-service, applicant tracking, onboarding, and compliance; and Asure Time & Attendance, which provides cost savings and return on investment gains come in the form of strategic use of labor dollars and the elimination of time theft. It also provides HR services that offers services comprising on-demand HR resource library, phone and email support for any HR issues, and compliance and policy updates; support for strategic HR decision making; and HR outsourcing solution. In addition, the company offers payroll tax processing software and service solutions for the payroll service industry, and mid-market and large corporate employers; and AsureMarketplace that automates interactions between its HCM systems with third-party providers. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.

CEO	Mr. Patrick F. Goepel
WEBSITE	asuresoftware.com
INDUSTRY	Software - Apps
EMPLOYEES	493

Asure Software Inc Frequently Asked Questions

What is the ticker symbol for Asure Software Inc? What does ASUR stand for in stocks?

ASUR is the stock ticker symbol of Asure Software Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Asure Software Inc (ASUR)?

As of Thu May 16 2024, market cap of Asure Software Inc is 196.95 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASUR stock?

You can check ASUR's fair value in chart for subscribers.

What is the fair value of ASUR stock?

You can check ASUR's fair value in chart for subscribers. The fair value of Asure Software Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Asure Software Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASUR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Asure Software Inc a good stock to buy?

The fair value guage provides a quick view whether ASUR is over valued or under valued. Whether Asure Software Inc is cheap or expensive depends on the assumptions which impact Asure Software Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASUR.

What is Asure Software Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, ASUR's PE ratio (Price to Earnings) is -19.97 and Price to Sales (PS) ratio is 1.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASUR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Asure Software Inc's stock?

In the past 10 years, Asure Software Inc has provided 0.024 (multiply by 100 for percentage) rate of return.