earnings
confidence high
sentiment neutral
materiality 0.70
Asure Q1 revenue $34.9M (+10% YoY), net loss widens to $2.4M; guides FY revenue $134-138M
ASURE SOFTWARE INC
2025-Q1 EPS reported
-$0.09
revenue$34,854,000
- Revenue $34.9M (+10% YoY); recurring revenue $33.2M (+10% YoY).
- Net loss $2.4M vs $0.3M prior year; adjusted EBITDA $7.3M vs $6.8M.
- New $60M credit facility with MidCap Financial; $20M drawn at April 10 close.
- Launched Canadian Payroll Tax Management solution for large enterprises.
- Q2 revenue guidance $30-32M; FY revenue $134-138M; FY adj. EBITDA margin 23-24%.