Asure Q4 rev +17% to $30.8M; recurring rev 96% of total; guides FY25 rev $134-138M

ASURE SOFTWARE INC

Q4 2024 revenue $30.8M (+17% YoY); excluding ERTC, revenue up 22%.
Full year recurring revenue $114.5M (+15% YoY), now 96% of total revenue vs 84% in 2023.
Q4 Adjusted EBITDA $6.2M vs $2.8M prior year; FY2024 Adjusted EBITDA $22.5M vs $23.3M.
Signed multi-year reseller agreement in Jan 2025 with audit/consulting firm; introduced Luna AI agent.
Guidance: Q1 2025 revenue $33-35M; FY2025 revenue $134-138M with 23-24% Adjusted EBITDA margin.

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