earnings
confidence high
sentiment positive
materiality 0.75
Asure Q4 revenue +29% to $21.1M; Non-GAAP EBITDA +110% to $2.4M
ASURE SOFTWARE INC
- Revenue $21.1M (+29% YoY, +17% sequential); full year $76.1M (+16%).
- GAAP net loss $4.3M ($0.22 loss/share) from $5.8M loss; Non-GAAP net income $498K.
- Non-GAAP EBITDA $2.4M (+110% YoY, +96% sequential), margin 11%.
- Growth from acquisitions in Sep 2021 and 5% organic; total bookings up 29% for 2021.
- CEO highlights new products: benefits admin, secure check cashing, employment law partnership.