secwatch.observer — SEC 8-K summary
======================================

Issuer:     ASURE SOFTWARE INC (ASUR)
CIK:        0000884144
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0000884144-25-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884144/000088414425000011/0000884144-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884144/000088414425000011/asur-20250306.htm
  HTML page:      https://secwatch.observer/filing/0000884144-25-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer