Recent 8-K filings for ASUR
Highest-materiality recent filing
Asure Q2 rev $30.1M (+7% YoY); net loss $6.1M; raises FY guidance; buys Lathem Time for $39.5M
- Revenue $30.1M (+7% YoY); recurring revenue $28.6M vs $27.1M; ex-ERTC growth 10%.
- Net loss $6.1M vs $4.4M; adjusted EBITDA $5.2M up from $4.1M; non-GAAP gross margin 73%.
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Asure Q2 revenue up 23% to $37.1M; guides FY revenue $159-163M
Revenue $37.1M (+23% YoY); recurring revenue $34.0M (+19%).
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Asure Software stockholders elect seven directors and ratify auditor at 2026 annual meeting
All seven director nominees elected; W. Carl Drew received 22,960,093 votes for (highest), Bjorn Reynolds 20,681,969 (lowest).
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Asure Q1 revenue $42.8M (+23% YoY), net income $0.6M; FY26 guidance $159-163M
Revenue $42.8M (+23% YoY); net income $0.6M vs net loss of $2.4M in prior year.
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Asure Q4 revenue up 28% to $39.3M, net income $0.8M vs loss; guides FY26 rev $159-162M
Q4 2025 revenue $39.3M (+28% YoY); net income $0.8M vs net loss $3.2M in prior year.
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Asure Q3 revenue up 24% to $36.3M; launches Asure Central platform
Q3 total revenue $36.3M (+24% YoY); recurring revenue $31.8M (+11%).
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Asure Q2 rev $30.1M (+7% YoY); net loss $6.1M; raises FY guidance; buys Lathem Time for $39.5M
Revenue $30.1M (+7% YoY); recurring revenue $28.6M vs $27.1M; ex-ERTC growth 10%.
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Asure Software acquires Lathem time & attendance for $39.5M, borrows $40M
Acquired 100% of Lathem Time 2025, LLC for $39.5 million in cash, subject to working capital adjustments.
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Fourth Amended Rights Agreement approved, extending Final Expiration Date from Oct 2025 to Oct 2028.
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Asure Q1 revenue $34.9M (+10% YoY), net loss widens to $2.4M; guides FY revenue $134-138M
Revenue $34.9M (+10% YoY); recurring revenue $33.2M (+10% YoY).
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Asure Software extends rights plan to protect NOLs and R&D credits; auditor switches to CBIZ
Fourth Amended Rights Agreement extends expiration from Oct 2025 to Oct 2028, contingent on shareholder vote at June 2, 2025 annual meeting.
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Asure Software enters $60M credit facility; $20M funded at closing
Up to $60M total; $20M funded on April 10, 2025; remaining $40M available through March 2027 subject to leverage ratio <4.50x.
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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%.
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Revenue $29.3M (unchanged YoY); recurring revenue $28.6M (98% of total) up 20% YoY.
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Asure Software enters ATM equity offering agreement with Roth Capital for up to $25M
ATM program allows Asure to sell up to $25M of common stock through Roth Capital as agent.
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Asure Q2 revenue down 8% to $28M; recurring revenue up 18% YoY
Revenue $28M (-8% YoY) on $6.5M ERTC decline; ex-ERTC revenue $27.5M (+18%).
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Asure Software shareholders approve all proposals at 2024 annual meeting
Elected all seven director nominees with votes ranging from 17.6M to 19.7M in favor.
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Asure Q1 rev $31.7M (-4% YoY); recurring rev up 8% to $30.3M; FY guidance reiterated $125-129M
Revenue $31.7M, down 4% YoY; excluding ERTC up 10% to $30.7M.
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Full year revenue $119.1M, up 24% YoY; recurring revenue $99.7M, up 16%.
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Asure Software authorizes $10M stock buyback with quarterly cap of $1.5M
Board amended share repurchase plan to authorize up to $10 million, with quarterly limit of $1.5 million.
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Asure corrects FY2024 revenue guidance to $125M-$129M; Q3 rev $29.3M (+34% YoY)
FY2024 revenue guidance corrected to $125M-$129M (previously $125M-$127M); adj. EBITDA margin 20%-21%.
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Asure Q3 revenue up 34% to $29.3M; guides FY2024 revenue $125M-$129M
Revenue $29.3M, up 34% YoY; recurring revenue $23.8M, up 19%.
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Asure Software supports IRS crackdown on fraudulent ERC claims; reaffirms 2023 guidance
Company voices support for IRS intensified measures against fraudulent Employee Retention Credit (ERC) claims.
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Asure Software terminates $30.9M loan agreement, pays off debt with equity offering proceeds
Paid $30.9M to Structural Capital and Ocean II PLO to fully satisfy Loan Agreement and Note, including $30.6M principal/interest and $0.3M prepayment fee.
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Asure Software underwriters exercise over-allotment option for 500,000 shares, netting $5.64M
Underwriters purchased 500,000 additional shares of common stock at the offering price.
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Asure Software closes $40M public offering of 3.33M shares at $12.00
Closed underwritten public offering of 3,333,333 newly issued shares at $12.00 per share.
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Asure Software prices $40M public offering of 3.33M shares at $12.00 per share
Offering of 3,333,333 newly issued shares at $12.00/share; gross proceeds ~$40M, net proceeds ~$37.4M after discounts.
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Asure Q2 revenue $30.4M (+50% YoY); raises FY 2023 guidance to $118-120M
Revenue $30.4M, up 50% YoY; recurring revenue $23.0M, up 21% YoY.
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Asure Software stockholders elect directors, ratify auditor, approve say-on-pay at 2023 meeting
All seven director nominees elected; Bradford Oberwager received 14,573,457 votes for, 8,013 withheld.
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Asure Q1 revenue $33.1M (+36% YoY); raises FY2023 revenue guidance to $111-113M
Q1 revenue $33.1M (up 36% YoY); net income $0.3M vs net loss of $3.1M in Q1 2022.
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Asure Software reports record Q4 revenue $29.3M (+39% YoY); raises FY2023 guidance
Q4 2022 revenue $29.3M, up 39% YoY; recurring revenue $24.1M, up 25% YoY.
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Asure Q3 revenue up 22% to $21.9M; net loss $4.5M; raises Q4 guidance; introduces FY2023 outlook
Revenue $21.9M (+22% YoY); net loss $4.5M vs $5.3M net income in prior year which included $10.5M ERTC credit.
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Asure Q2 revenue up 18% to $20.3M; GAAP net loss $5.9M vs prior year profit
Revenue $20.3M (+18% YoY); GAAP net loss $5.86M vs income $3.76M in prior year quarter.
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Asure Software stockholders approve extension of rights agreement to October 2025
Third Amended Rights Agreement extends Final Expiration Date from Oct 2022 to Oct 2025; identical to prior agreement.
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Asure Q1 revenue up 23% to $24.3M, GAAP net loss widens to $3.0M
Revenue $24.3M, up 23% YoY; GAAP net loss $(3.0M) vs $(1.6M) prior year.
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Asure Software proposes extending shareholder rights plan through 2025 to preserve NOLs
Board approved Third Amended Rights Agreement to extend final expiration from Oct 2022 to Oct 2025, subject to shareholder vote at May 31, 2022 Annual Meeting.
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Asure Q4 revenue +29% to $21.1M; Non-GAAP EBITDA +110% to $2.4M
Revenue $21.1M (+29% YoY, +17% sequential); full year $76.1M (+16%).
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Asure reports Q3 revenue $17.98M (+12% YoY); swings to GAAP net income $5.3M on $10.5M ERTC gain
Revenue $17.98M, up 12% YoY and 5% sequentially; total bookings up 43% YoY.
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Asure Software acquires USA Processing ($24.15M) and Paydata ($14.75M) in separate asset purchases
Acquired USA Processing for $24.15M: $15M cash, $4.32M promissory note, 522,875 shares of ASUR common.
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Asure Software enters $50M term loan facility, borrows initial $30M
Loan & Security Agreement with Structural Capital for up to $50M; $30M drawn at closing on Sept 10, 2021.
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Revenue $17.2M, +22% YoY; non-GAAP gross margin 66.0% vs 64.7% prior year.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.70 · Most common event earnings