ASURE SOFTWARE INC shareholders approved Ratification of the Audit Committee’s appointment of CBIZ CPAs PC as our independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-12 meeting.
“Ratification of the Audit Committee’s appointment of CBIZ CPAs PC as our independent registered public accounting firm for the year ending December 31, 2026 (Item 2) : The stockholders ratified the appointment of CBIZ CPAs PC as our independent registered public accounting firm for the year ending December 31, 2026 .”
Shareholder Votes
ASURE SOFTWARE INC shareholders approved Election of the seven directors listed below, each to hold office until the next annual meeting of stockholders or until their respective successors are duly elected and qualified at the 2026-05-12 meeting.
“On May 12, 2026 , we held our 2026 Annual Meeting of Stockholders, at which stockholders voted on proposals to (i) elect the seven directors listed below, each to hold office until the next annual meeting of stockholders or until their respective successors are duly elected and qualified and (ii) ratify the Audit Committee’s appointment of CBIZ CPAs PC as our independent registered public accounting firm for the year ending December 31, 2026.”
Earnings Releases
ASURE SOFTWARE INC reported first quarter ended March 31, 2026 results: revenue $42.8 million, net income $0.6 million. Guidance initiated.
“First Quarter 2026 Revenues of $42.8 Million up 23% year over year First Quarter 2026 Net Income $0.6 Million versus Net Loss of $2.4 Million in prior year”
Debt Financings
ASURE SOFTWARE INC incurred term loan of $40 million with MidCap Financial Trust maturing April 1, 2030.
“On June 30, 2025, and to finance the closing proceeds for the Lathem Transaction, the Company borrowed the remaining $40 million available under the Credit Agreement.”
M&A Transactions
ASURE SOFTWARE INC completed an acquisition involving Pendulum Holding, Inc. for $39.5 million (closed 2025-07-01).
“by and among Pendulum Holding, Inc. (the “Seller”), the equityholders of Pendulum Holding, Inc., Lathem and the Company. The purchase price paid by the Company to the Seller is $39.5 million, subject to certain adjustments, as set forth in the Agreement, based on working capital and inventory costs (the “Lathem Transaction”). The Agreement includes customary”
Auditor Changes
ASURE SOFTWARE INC engaged CBIZ CPAs P.C. as its auditor.
“Following Marcum’s resignation, and also on April 14, 2025, with the approval of the Audit Committee of the Company’s Board of Directors, CBIZ CPAs P.C. was engaged as the Company’s independent registered public accounting firm.”
Auditor Changes
Marcum LLP resigned as auditor of ASURE SOFTWARE INC.
“On April 14, 2025, Marcum LLP (“Marcum”) notified the Company that it resigned as the independent registered public accounting firm of the Company, as result of the acquisition by CBIZ CPAs P.C. of Marcum’s attest business.”
Debt Financings
ASURE SOFTWARE INC incurred credit facility of up to $60 million with MidCap Financial Trust at Term SOFR plus 5.00%, subject to a SOFR floor of 2.00% maturing April 1, 2030.
“On April 10, 2025, Asure Software, Inc. (the “Company”) entered into a Credit, Security and Guaranty Agreement (the “Agreement”), by and among the Company, Asure Operations LLC, Asure Customer & IP Holdco LLC, Asure Payroll Tax Management LLC, Asure Benefits Management LLC, Asure Treasury Management, LLC, MidCap Financial Trust (“MidCap”) and the lenders from time to time party thereto (such lenders collectively with MidCap, the “Lenders”). Under the Agreement, the Company may borrow up to $60 million from the Lenders, with $20 million funded as of the closing date of the Agreement (the “Closing Date”).”
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.
“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”
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.
“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”
Earnings Releases
ASURE SOFTWARE INC reported the fourth quarter 2023 as well as introducing preliminary guidance for 2024 revenues results: revenue revenues in the range of $25M-$27M. Guidance initiated.
“We expect that the growth of our business will continue and today we are issuing guidance for the fourth quarter 2023 as well as introducing preliminary guidance for 2024 revenues. Regarding fourth quarter 2023, we expect revenues in the range of $25M-$27M, which at the midpoint would equal approximately 19% growth year over year. We expect our 2024 revenues to be in the range of $125M-$129M with adjusted EBITDA margins between 20% to 21%.”
Earnings Releases
ASURE SOFTWARE INC reported the Company’s third quarter ended September 30, 2023 results: revenue Revenue of $29.3 million, net income Net loss of $2.2 million.
“as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Asure Announces Third Quarter 2023 Results Reports Third Quarter Revenues of $29.3 Million, Up 34% from Prior Year AUSTIN, TX – November 13, 2023 – Asure Software, Inc. (“we”, “us”, “our”, “Asure” or the “Company”) (Nasdaq: ASUR) , a leading provider of cloud-based”
Material Agreements
ASURE SOFTWARE INC terminated Loan Agreement with Structural Capital Investments III, LP and Ocean II PLO LLC valued at approximately $30.9 million (effective 2023-09-12).
“On September 12, 2023, we terminated our Loan and Security Agreement (the “Loan Agreement”) dated September 10, 2021, with Structural Capital Investments III, LP (“Structural” and together with the other lenders that are parties thereto, the “Lenders”), and Ocean II PLO LLC, as administrative and collateral agent for the Lenders (“Agent”), and our secured promissory note (the “Note”) with Agent evidencing our obligations under the Loan Agreement.”
Material Agreements
ASURE SOFTWARE INC entered into Underwriting Agreement with Stifel, Nicolaus & Company, Incorporated and Craig-Hallum Capital Group LLC, as representatives of the several underwriters valued at approximately $37.4 million (effective 2023-08-16).
“On August 16, 2023, Asure Software, Inc. (“we,” “us” and “our” ) entered into an underwriting agreement (the “Underwriting Agreement”) with Stifel, Nicolaus & Company, Incorporated and Craig-Hallum Capital Group LLC, as representatives of the several underwriters named therein (collectively, the “Underwriters”), relating to a firm commitment offering of 3,333,333 newly issued shares of our common stock at a public offering price of $12.00 per share.”
Earnings Releases
ASURE SOFTWARE INC reported first half of 2023 results: revenue $63.5 million, net income Net loss of $3.4 million. Guidance raised.
“First Half 2023 Financial Highlights • Revenue of $63.5 million, up 42% from prior-year first half • Recurring revenue of $50.9 million, up 21% from prior-year first half • Net loss of $3.4 million, a $5.5 million improvement from prior-year first half”
Earnings Releases
ASURE SOFTWARE INC reported second quarter ended June 30, 2023 results: revenue $30.4 million, net income Net loss of $3.8 million. Guidance raised.
“Asure Announces Second Quarter 2023 Results Reports Second Quarter Revenues of $30.4 Million, Up 50% from Prior Year Raises 2023 Financial Targets and Guidance”
Shareholder Votes
ASURE SOFTWARE INC shareholders approved Approval, on a non-binding advisory basis, of the compensation of our named executive officers. at the 2023-05-15 meeting.
“Approval, on a non-binding advisory basis, of the compensation of our named executive officers (Item 3): On an advisory basis, the stockholders approved the compensation of the Company’s named executive officers. The proposal was supported b y 95.17% of t he votes cast “for” or “against” it, including abstentions. Votes For Votes Against Abstentions Broker Non-Votes 13,876,630 153,926 550,914 2,003,866”
Shareholder Votes
ASURE SOFTWARE INC shareholders approved Ratification of the Audit Committee's appointment of Marcum LLP as our independent registered public accounting firm for the year ending December 31, 2023. at the 2023-05-15 meeting.
“Ratification of the Audit Committee’s appointment of Marcum LLP as our independent registered public accounting firm for the year ending December 31, 2023 (Item 2): The stockholders ratified the appointment of Marcum LLP as our independent registered public accounting firm for the year ending December 31, 2023. The proposal was supported by 99.93% of the votes c ast “for” or “against” it, including abstentions. Votes For Votes Against Abstentions Broker Non-Votes 16,574,309 6,608 4,419 0”
Shareholder Votes
ASURE SOFTWARE INC shareholders approved Election of the seven directors listed below, each to hold office until the next annual meeting of stockholders or until their respective successors are duly elected and qualified. at the 2023-05-15 meeting.
“Election of Directors (Item 1): The stockholders elected the following individuals as directors of the Company with the following votes: Votes For Votes Withheld Broker Non-Votes Benjamin Allen 14,573,758 7,712 2,003,866 W. Carl Drew 14,573,607 7,863 2,003,866 Daniel Gill 14,574,385 7,085 2,003,866 Patrick Goepel 14,441,332 140,138 2,003,866 Grace Lee 14,440,838 140,632 2,003,866 Bradford Oberwager 14,573,457 8,013 2,003,866 Bjorn Reynolds 12,896,518 1,684,952 2,003,866”
Earnings Releases
ASURE SOFTWARE INC reported the first quarter ended March 31, 2023 results: revenue $33.1 million, net income $0.3 million. Guidance raised.
“First Quarter 2023 Financial Highlights • Revenue of $33.1 million, up 36% from prior-year’s first quarter • Recurring revenue of $28.0 million, up 22% from prior-year’s first quarter • Net income of $0.3 million, a $3.4 million improvement from prior-year’s first quarter”
Earnings Releases
ASURE SOFTWARE INC reported year ended December 31, 2022 results: revenue $95.8 million, net income $14.5 million. Guidance raised.
“Full Year 2022 Financial Highlights • Revenue of $95.8 million, up 26% year-over-year • Recurring revenue of $86.2 million, up 21% year-over-year • Net loss of $14.5 million, a $17.7 million decline from prior year”
Earnings Releases
ASURE SOFTWARE INC reported fourth quarter ended December 31, 2022 results: revenue $29.3 million, net income $1.1 million. Guidance raised.
“Fourth Quarter 2022 Financial Highlights • Revenue of $29.3 million, up 39% from prior-year’s quarter • Recurring revenue of $24.1 million, up 25% from prior-year’s quarter • Net loss of $1.1 million, a $3.2 million improvement from prior-year’s quarter”
Earnings Releases
ASURE SOFTWARE INC reported third quarter ended September 30, 2022 results: revenue $21.9 million, net income Net loss of $4.5 million, EPS $(0.22) per share. Guidance raised.
“Human Capital Management (HCM) software solutions, reported results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights • Revenue of $21.9 million, up 22% year-over-year • Net loss of $4.5 million, compared to net income of $5.3 million in the prior year period, which also included a $10.5 million tax credit; non-GAAP net”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.