# Asure Software Inc. (ASUR)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $193M  
**Price:** $8.72 (-1.69%)

> Asure Software Inc. provides cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) primarily to small and mid-sized businesses in the United States. Its platform helps companies develop their workforce, ensure compliance with regulations, and direct resources toward growth without significant IT overhead or large upfront costs. Key offerings include Asure Payroll & Tax for simplifying payroll processing and automating tax regulations; Asure HR for human resources management; Asure Time & Attendance for tracking employee hours; and comprehensive HR services ranging from online compliance tools to fully outsourced HR support. The scalable HCM suite, known as AsureHCM, supports businesses from startups to those with over 1,000 employees, enabling seamless expansion. With headquarters in Austin, Texas, and offices across the US, Asure Software Inc. delivers big-company capabilities with localized support, serving clients in every state and territory to optimize human capital management.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2023 | $119M | $86M | -$3M | -$9M | — |
| 2022 | $96M | $63M | -$11M | -$14M | — |
| 2021 | $76M | $47M | -$13M | $3M | — |
| 2020 | $66M | $38M | -$15M | -$16M | — |
| 2019 | $73M | $43M | -$50M | $30M | — |
| 2018 | $64M | $40M | -$11M | -$8M | — |
| 2017 | $54M | $42M | -$1M | -$6M | — |
| 2016 | $36M | $27M | $1M | -$972,000 | — |
| 2015 | $27M | $20M | -$317,000 | -$2M | — |
| 2014 | $27M | $21M | $2M | -$262,000 | — |
| 2013 | $25M | $19M | $782,000 | -$2M | — |
| 2012 | $20M | $15M | -$513,000 | -$3M | — |
| 2011 | $11M | $9M | $91,000 | -$649,000 | — |
| 2010 | $10M | $8M | -$1M | -$1M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2023 | $444M | $252M | $192M | $30M | $4M |
| 2022 | $420M | $275M | $145M | $17M | $35M |
| 2021 | $433M | $275M | $158M | $13M | $35M |
| 2020 | $514M | $368M | $146M | $29M | $25M |
| 2019 | $320M | $182M | $138M | $29M | $27M |
| 2018 | $361M | $259M | $103M | $15M | $111M |
| 2017 | $203M | $140M | $64M | $28M | $76M |
| 2016 | $86M | $68M | $18M | $13M | $30M |
| 2015 | $34M | $30M | $4M | $1M | $13M |
| 2014 | $34M | $30M | $4M | $320,000 | $15M |
| 2013 | $36M | $31M | $4M | $4M | $17M |
| 2012 | $36M | $34M | $2M | $2M | $20M |
| 2011 | $16M | $14M | $2M | $1M | $6M |
| 2010 | $6M | $3M | $3M | $1M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $22M | $787,000 | $21M |
| 2024 | $9M | $692,000 | $9M |
| 2023 | $19M | $2M | $17M |
| 2022 | $14M | $2M | $11M |
| 2021 | $1M | $133,000 | $1M |
| 2020 | $2M | $857,000 | $1M |
| 2019 | -$4M | $1M | -$5M |
| 2018 | -$7M | $2M | -$9M |
| 2017 | -$36,000 | $1M | -$1M |
| 2016 | -$2M | $436,000 | -$2M |
| 2015 | $3M | $1M | $2M |
| 2014 | $3M | $807,000 | $2M |
| 2013 | $2M | $383,000 | $2M |
| 2012 | $3M | $904,000 | $2M |
| 2011 | $3M | $121,000 | $3M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ASUR)