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

7.19USD-0.11 (-1.51%)Market Closed

Market Summary

USD7.19-0.11

Market Closed

-1.51%

ASUR Stock Price

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ASUR RSI Chart

ASUR Valuation

Market Cap

183.6M

Price/Earnings (Trailing)

-19.92

Price/Sales (Trailing)

1.54

EV/EBITDA

26.73

Price/Free Cashflow

10.6

ASUR Price/Sales (Trailing)

ASUR Profitability

EBT Margin

-7.65%

Return on Equity

-4.81%

Return on Assets

-2.08%

Free Cashflow Yield

9.43%

ASUR Fundamentals

ASUR Revenue

Revenue (TTM)

119.1M

Rev. Growth (Yr)

-10.34%

Rev. Growth (Qtr)

-10.47%

ASUR Earnings

Earnings (TTM)

-9.2M

Earnings Growth (Yr)

-239.2%

Earnings Growth (Qtr)

-62.38%

Breaking Down ASUR Revenue

Last 7 days

-7.3%

Last 30 days

-12.5%

Last 90 days

-13.1%

Trailing 12 Months

-55.0%

How does ASUR drawdown profile look like?

ASUR Financial Health

Current Ratio

1.11

ASUR Investor Care

Shares Dilution (1Y)

25.94%

Diluted EPS (TTM)

-0.42

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
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

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Tracking the Latest Insider Buys and Sells of Asure Software Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	goldstein eyal	acquired	-	-	90,000	chief revenue officer
Feb 26, 2024	pence john f	acquired	-	-	60,000	chief financial officer
Feb 26, 2024	goepel patrick	acquired	-	-	100,000	chairman & ceo
Jan 01, 2024	lee grace g.	acquired	-	-	7,000	-
Jan 01, 2024	pence john f	acquired	-	-	40,000	chief financial officer
Jan 01, 2024	goldstein eyal	acquired	-	-	55,000	chief revenue officer
Jan 01, 2024	reynolds bjorn	acquired	-	-	7,000	-
Jan 01, 2024	goepel patrick	acquired	-	-	70,000	chairman & ceo
Jan 01, 2024	drew william carl	acquired	-	-	7,000	-
Jan 01, 2024	oberwager bradford scovill	acquired	-	-	7,000	-

Which funds bought or sold ASUR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 05, 2024	CWM, LLC	added	6,928	8,000	8,000	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	16.00	2,542	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.86	358,409	10,566,500	-%
Mar 04, 2024	TUCKER ASSET MANAGEMENT LLC	sold off	-100	-113,520	-	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	1,736	2,166,610	2,290,570	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	added	20.36	18,874	108,233	-%
Feb 26, 2024	Virtu Financial LLC	new	-	139,000	139,000	0.01%
Feb 20, 2024	Quarry LP	new	-	3,560	3,560	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	reduced	-23.76	-150,000	495,000	0.04%
Feb 16, 2024	Spouting Rock Asset Management, LLC	added	1.59	2,182	100,008	0.04%

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
Apr 09, 2024	S-4	Mergers and Acquisition
Apr 09, 2024	S-3	S-3
Apr 08, 2024	DEF 14A	DEF 14A
Mar 21, 2024	SC 13G	Major Ownership Report
Mar 08, 2024	D	D
Feb 26, 2024	8-K	Current Report
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	10-K	Annual Report

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	264.6B	34.9B	-7.34%	40.12%	63.96	7.59	11.18%	1888.46%
UBER	152.4B	37.3B	-3.54%	133.10%	80.75	4.09	16.95%	120.64%
ADSK	49.1B	5.3B	-9.66%	17.99%	53.58	9.19	9.15%	48.14%
ANSS	28.6B	2.3B	0.14%	3.42%	57.09	12.59	9.90%	-4.45%
ZM	18.0B	4.5B	-8.66%	-13.31%	28.26	3.98	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-2.61%	68.38%	2.8K	12.39	31.48%	103.97%
LYFT	6.9B	4.4B	4.41%	76.89%	-20.37	1.57	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.17%	37.04%	40.87	3.72	4.64%	44.42%
AI	2.5B	296.4M	-28.01%	-4.89%	-9.23	8.46	11.14%	-3.59%
AGYS	2.3B	228.1M	8.32%	-1.21%	25.94	9.93	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	191.8M	572.4M	-36.49%	-84.68%	-0.97	0.34	-19.38%	-489.49%
ASUR	183.6M	119.1M	-12.53%	-55.01%	-19.92	1.54	24.27%	36.31%
AEYE	154.8M	31.3M	51.31%	98.50%	-26.37	4.94	4.69%	43.72%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-10.5%	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	21,934
Gross Profit	-16.2%	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	-3,777
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	4,317
Operating Expenses	-100.0%	-	21,027	23,470	22,437	-	17,355	18,109	17,635	-	14,941	14,314	13,761	-	-	-	-	-	-	-	-	-
S&GA Expenses	-2.7%	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	3,371
R&D Expenses	-3.5%	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	-497
EBITDA Margin	-11.9%	0.05*	0.05*	0.04*	0.02*	0.00*	-0.03*	0.08*	0.21*	0.24*	0.23*	0.09*	-0.03*	-	-	-	-	-	-	-	-	-
Interest Expenses	102.9%	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	2,272
Income Taxes	-28.5%	-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	-8,270
Earnings Before Taxes	-60.6%	-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	-10,366
EBT Margin	-43.3%	-0.08*	-0.05*	-0.08*	-0.11*	-0.15*	-0.20*	-0.09*	0.03*	0.05*	0.04*	-0.12*	-0.24*	-	-	-	-	-	-	-	-	-
Net Income	-62.4%	-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	1,729
Net Income Margin	-41.3%	-0.08*	-0.05*	-0.08*	-0.11*	-0.15*	-0.20*	-0.09*	0.02*	0.04*	0.02*	-0.12*	-0.24*	-	-	-	-	-	-	-	-	-
Free Cashflow	26.9%	6,845	5,394	1,214	3,862	6,587	-2,406	4,700	2,475	2,489	740	-575	-1,409	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	12.5%	444	394	401	439	420	391	395	450	433	392	386	441	514	373	303	300	320	335	357	380	361
Current Assets	19.1%	267	224	229	265	243	211	215	268	250	205	235	286	357	220	154	150	169	124	143	163	160
Cash Equivalents	-7.5%	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	15.00
Inventory	66.7%	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	1.00
Net PPE	8.0%	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	6.00
Goodwill	0%	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	99.00
Liabilities	24.3%	252	203	254	290	275	247	245	295	275	230	236	296	368	243	169	164	182	242	260	279	259
Current Liabilities	25.2%	241	193	215	251	235	205	201	252	233	187	220	279	349	220	143	135	152	121	138	155	148
Shareholder's Equity	0.0%	192	192	147	149	145	145	150	155	158	162	149	145	146	130	134	136	138	94.00	97.00	101	103
Retained Earnings	-1.2%	-290	-286	-284	-280	-281	-280	-275	-269	-266	-262	-267	-271	-269	-264	-259	-255	-253	-294	-291	-286	-283
Additional Paid-In Capital	0.4%	488	486	439	437	434	432	432	431	430	429	422	421	420	398	398	397	396	395	394	393	392
Shares Outstanding	0.6%	25.00	25.00	21.00	21.00	20.00	20.00	20.00	20.00	20.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	237	-	-	-	109	-	-	-	161	-	-	-	94.00	-	-	-	104	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	23.1%	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	-1,067
Share Based Compensation	0.7%	1,260	1,251	1,582	1,337	838	799	814	729	901	714	714	626	632	708	587	438	688	577	392	611	801
Cashflow From Investing	-1147.1%	-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	-53,440
Cashflow From Financing	886.6%	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	50,408

ASUR Income Statement

2023-12-31

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue:
Total revenue	$ 119,082	$ 95,828
Cost of sales	33,545	33,318
Gross profit	85,537	62,510
Operating expenses:
Sales and marketing	28,734	20,260
General and administrative	39,333	33,924
Research and development	6,846	6,147
Amortization of intangible assets	13,623	13,486
Total operating expenses	88,536	73,817
Loss from operations	(2,999)	(11,307)
Interest expense, net	(4,297)	(4,438)
Loss on extinguishment of debt	(1,517)	0
Other (expense) income, net	(292)	1,391
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(9,105)	(14,354)
Income tax expense	109	112
Net loss	(9,214)	(14,466)
Other comprehensive income (loss):
Unrealized income (loss) on marketable securities	1,368	(2,384)
Comprehensive loss	$ (7,846)	$ (16,850)
Basic and diluted loss per share
Basic (in Dollars per share)	$ (0.42)	$ (0.72)
Diluted (in Dollars per share)	$ (0.42)	$ (0.72)
Weighted average basic and diluted shares
Basic (in shares)	22,138	20,117
Diluted (in shares)	22,138	20,117
Recurring
Revenue:
Total revenue	$ 99,734	$ 86,222
Professional services, hardware and other
Revenue:
Total revenue	$ 19,348	$ 9,606

ASUR Balance Sheet

2023-12-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash, cash equivalents, and restricted cash	$ 30,317	$ 17,010
Accounts receivable, net of allowance for credit losses of $4,787 and $3,248 at December 31, 2023 and December 31, 2022, respectively	14,202	12,123
Inventory	155	251
Prepaid expenses and other current assets	3,471	10,304
Total current assets before funds held for clients	48,145	39,688
Funds held for clients	219,075	203,588
Total current assets	267,220	243,276
Property and equipment, net	14,517	11,439
Goodwill	86,011	86,011
Intangible assets, net	62,082	66,594
Operating lease assets, net	4,991	7,065
Other assets, net	9,047	5,523
Total assets	443,868	419,908
Current liabilities:
Current portion of notes payable	27	4,106
Accounts payable	2,570	2,194
Accrued compensation and benefits	6,519	5,791
Operating lease liabilities, current	1,490	1,860
Other accrued liabilities	3,862	3,728
Contingent purchase consideration	0	2,955
Deferred revenue	6,853	8,461
Total current liabilities before client fund obligations	21,321	29,095
Client fund obligations	220,019	206,088
Total current liabilities	241,340	235,183
Long-term liabilities:
Deferred revenue	16	788
Deferred tax liability	1,728	1,503
Notes payable, net of current portion	4,282	30,795
Operating lease liabilities, noncurrent	4,638	6,459
Other liabilities	209	114
Total long-term liabilities	10,873	39,659
Total liabilities	252,213	274,842
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; 25,382 and 20,628 shares issued, 24,998 and 20,244 shares outstanding at December 31, 2023 and December 31, 2022, respectively	254	206
Treasury stock at cost, 384 shares at December 31, 2023 and December 31, 2022	(5,017)	(5,017)
Additional paid-in capital	487,973	433,586
Accumulated deficit	(290,440)	(281,226)
Accumulated other comprehensive loss	(1,115)	(2,483)
Total stockholders’ equity	191,655	145,066
Total liabilities and stockholders’ equity	$ 443,868	$ 419,908
Common stock, shares authorized	44,000	44,000
Treasury Stock, Common, Shares	384	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 Mon Apr 15 2024, market cap of Asure Software Inc is 183.56 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 Mon Apr 15 2024, ASUR's PE ratio (Price to Earnings) is -19.92 and Price to Sales (PS) ratio is 1.54. 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 0.016 (multiply by 100 for percentage) rate of return.