---
schema_version: "secwatch.filing_event.v1"
accession: "0000884144-24-000021"
form_type: "8-K"
ticker: "ASUR"
cik: "0000884144"
company_name: "ASURE SOFTWARE INC"
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T16:16:23.529591+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Asure reports FY2023 revenue $119.1M (+24% YoY); net loss improves to $9.2M; guides FY2024 revenue $125-129M

## Summary
- Full year revenue $119.1M, up 24% YoY; recurring revenue $99.7M, up 16%.
- Net loss $9.2M vs $14.5M prior year; Adjusted EBITDA $23.3M, up 97%.
- Q4 revenue $26.3M, down 10% YoY; recurring revenue $25.0M, up 3% (ex-ERTC up 15% both).
- FY2024 revenue guidance $125M-$129M; Q1 guidance $30M-$32M; Adjusted EBITDA margin 20-21%.
- Strategic partnerships: Workday Global Payroll Certification, SAP PartnerEdge, new 401k bundled with Secure Act 2.0.

## SEC filing metadata
- accession: 0000884144-24-000021
- form_type: 8-K
- ticker: ASUR
- cik: 0000884144
- company_name: ASURE SOFTWARE INC
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884144/000088414424000021/0000884144-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884144/000088414424000021/asur-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884144-24-000021
- JSON: https://secwatch.observer/filing/0000884144-24-000021.json
- Plain text: https://secwatch.observer/filing/0000884144-24-000021.txt

## Key facts
- Earnings Releases
  ASURE SOFTWARE INC reported fourth quarter ended December 31, 2023 results: revenue $26.3 million, net income Net loss of $3.6 million. Guidance reaffirmed.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $26.3 million
  - Net income: Net loss of $3.6 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Management (“HCM”) software solutions, today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights • Revenue of $26.3 million, down 10% year over year, excluding ERTC revenue up 15% from prior year • Recurring revenue of $25.0 million, up 3% year over year, excluding ERTC recurring revenue up 15% from
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000088414424000021/0000884144-24-000021-index.htm
- Earnings Releases
  ASURE SOFTWARE INC reported full year ended December 31, 2023 results: revenue $119.1 million, net income Net loss of $9.2 million. Guidance reaffirmed.
  - Period: full year ended December 31, 2023
  - Revenue: $119.1 million
  - Net income: Net loss of $9.2 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Asure Announces Fourth Quarter and Full Year 2023 Results Reports Full Year Revenues of $119.1 million up 24% from Prior Year Net loss of $9.2 million, an improvement of $5.3 million versus prior year loss of $14.5 million Adjusted EBITDA (1) of $23.3 million up 97% year over year Management Reiterates 2024 Revenue Guidance of $125.0 million-$129.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000088414424000021/0000884144-24-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.