Asure Software(ASUR)
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ASUR Announces Resolutions Approved at the General Ordinary Shareholders' Meeting held on January 26th, 2026
Prnewswire· 2026-01-26 21:30
MEXICO CITY, Jan. 26, 2026 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the United States, and Colombia, today announced that shareholders approved the following resolutions and considered the following matters at the General Ordinary Shareholders' Meeting held in Mexico City on January 26, 2026: General Ordinary Meeting Summary of Resolutions Special delegates of the Ordinary General Sharehold ...
Asure Software Appoints Mike Eralie as Senior Vice President of Operations
Globenewswire· 2026-01-07 21:15
Core Insights - Asure Software has appointed Mike Eralie as Senior Vice President of Operations to drive operational growth and enhance client experience [1][3] Company Overview - Asure Software (NASDAQ: ASUR) specializes in cloud-based Human Capital Management (HCM) solutions, offering services such as HR, payroll, compliance, workforce management, and managed services [5] Leadership Appointment - Mike Eralie brings over 20 years of experience in HR and payroll managed services, previously serving as COO at Safeguard Pay and NGA, where he led global service delivery and customer success [3][4] - His focus will be on optimizing service delivery and aligning cross-functional teams to support Asure's expansion [2] Strategic Goals - The company aims to strengthen operations and improve execution while maintaining a high standard of customer experience [4]
ASUR Announces Total Passenger Traffic for December 2025
Prnewswire· 2026-01-06 21:30
Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 6.7 million in December 2025, marking a year-on-year increase of 0.4% compared to December 2024 [1][2] Passenger Traffic Summary - Passenger traffic in Colombia increased by 6.0%, driven by a 6.3% rise in international traffic and a 5.9% increase in domestic traffic [2][4] - In Mexico, passenger traffic decreased by 0.4%, with international traffic down by 0.1% and domestic traffic down by 0.8% [2][4] - Puerto Rico experienced a decline of 4.2% in total passenger traffic, despite a 0.3% increase in international traffic, which was offset by a 4.8% decrease in domestic traffic [2][4] Year-to-Date Traffic - For the year-to-date figures, total passenger traffic in Mexico decreased by 2.0% to 40.6 million, while Colombia's traffic increased by 4.0% to 17.3 million [4][5] - Domestic traffic in Mexico saw a slight decrease of 0.6%, while Colombia's domestic traffic increased by 1.8% [4][5] Airport Operations - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with Cancun Airport being the most significant tourist destination [6] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico [6]
ASUR Completes Acquisition of URW Airports, Expanding to Major U.S. Airport Hubs
Prnewswire· 2025-12-11 21:30
Core Insights - Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) has completed the acquisition of URW Airports, LLC for an enterprise value of $295 million, enhancing its presence in the U.S. airport retail sector [1][2][3] Company Overview - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a focus on maintaining and developing airport infrastructure [3][5] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, LLC, which operates Luis Muñoz Marín International Airport in Puerto Rico [5] Acquisition Details - The acquisition involves ASUR US Commercial Airports, LLC acquiring all equity interests of URW Airports, LLC from Unibail-Rodamco-Westfield's subsidiary [2] - The newly acquired entity will be rebranded as ASUR Airports, LLC, which will manage commercial programs at major U.S. airport terminals [2][4] Strategic Expansion - This acquisition represents a strategic move for ASUR to expand its U.S. airport retail concessions operations, thereby enhancing its commercial capabilities and footprint in the market [3][6] - ASUR Airports will manage key terminals at Los Angeles International Airport, Chicago O'Hare International Airport, and John F. Kennedy International Airport, focusing on delivering elevated travel experiences [4][6]
ASUR Announces Total Passenger Traffic for November 2025
Prnewswire· 2025-12-08 21:30
Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 5.9 million in November 2025, marking a year-over-year increase of 1.5% compared to November 2024 [1][2][4] Passenger Traffic Summary - Passenger traffic in Colombia increased by 5.9%, driven by an 8.7% rise in international traffic and a 5.1% increase in domestic traffic [2][4] - In Mexico, passenger traffic grew by 1.0%, with international traffic up by 2.1% while domestic traffic saw a slight decline of 0.1% [2][4] - Puerto Rico experienced a decrease in total passenger traffic by 2.9%, despite a 5.1% increase in international traffic, which was offset by a 4.0% decline in domestic traffic [2][4] Year-to-Date Performance - Year-to-date figures for Mexico show a total of 36.8 million passengers, reflecting a decline of 2.1% compared to the previous year [4] - Colombia's year-to-date passenger traffic reached 15.6 million, representing a growth of 3.8% [4] - San Juan, Puerto Rico, reported a year-to-date total of 12.4 million passengers, an increase of 3.8% [4] Traffic Breakdown by Region - In Mexico, domestic traffic totaled approximately 3.67 million in November 2025, while international traffic was about 1.72 million [4][5] - Colombia's domestic traffic was around 1.16 million, with international traffic at approximately 333,000 [4][5] - San Juan's domestic traffic was about 871,000, and international traffic reached approximately 138,000 [4][5] Company Overview - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a significant presence in tourist destinations [6] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico [6]
Asure Software: Attractive Scale Growth Despite Net Losses (NASDAQ:ASUR)
Seeking Alpha· 2025-11-30 13:43
Core Insights - The company focuses on building a balanced investment portfolio that includes both technology stocks and defensive options, emphasizing the importance of intrinsic value over market conditions [1] - The investment strategy is informed by macroeconomic trends, stock valuation, and the interplay between politics and markets, showcasing a comprehensive approach to investment analysis [1] - The company has experience in managing third-party portfolios and has faced market crises, which has shaped its understanding of investment challenges [1] Investment Strategy - The company prioritizes established technology firms and those in consumer staples and discretionary goods, indicating a preference for sectors with strong growth potential [1] - The investment philosophy revolves around finding opportunities based on the intrinsic value of companies, particularly those with strong catalysts for growth [1] Experience and Background - The company has a Master's degree in Economics and has worked as a consultant for both public and private organizations, providing a solid foundation in financial and economic analysis [1] - The experience in analyzing public tenders has contributed to a deeper understanding of market pressures and investment dynamics [1] Social Responsibility - The company actively promotes financial inclusion programs for women, reflecting a commitment to expanding opportunities within the finance sector [1] - The blog maintained by the company serves as a platform to share investment perspectives and advocate for women's roles in finance [1]
Asure Software: Attractive Scale Growth Despite Net Losses
Seeking Alpha· 2025-11-30 13:43
Core Insights - The company focuses on building a balanced investment portfolio that includes both technology stocks and defensive options, ensuring clients benefit from market rises while maintaining stability [1] - Emphasis is placed on established technology companies and those in consumer staples and discretionary goods, prioritizing intrinsic company value over external circumstances [1] - The company has been actively managing third-party portfolios for seven years, with a strong focus on macroeconomic trends, stock valuation, and the interplay between politics and markets [1] Investment Strategy - The investment approach is centered around finding opportunities in companies with strong catalysts and intrinsic value [1] - The company acknowledges the challenges of the investment strategy "buying low and selling high," particularly during market crises [1] - Experience in public tenders has provided insights into market pressures and the stress associated with stock market fluctuations [1] Social Responsibility - The company promotes financial inclusion programs for women, highlighting the importance of expanding opportunities in finance [1] - Efforts have been made to integrate and advocate for women's financial inclusion in public organizations [1] - The company aims to contribute positively to the finance sector by addressing gender disparities [1]
ASUR SIGNS DEAL TO ACQUIRE MOTIVA'S STAKE IN AIRPORT BUSINESS IN BRAZIL, ECUADOR, COSTA RICA AND CURAÇAO
Prnewswire· 2025-11-18 22:42
Core Insights - Grupo Aeroportuario del Sureste (ASUR) has entered into a purchase agreement with Motiva to acquire Companhia de Participações em Concessões (CPC) for R$5,000 million (US$936 million), with an implied enterprise value of R$13,700 million (US$2,566 million) [1][2] Group 1: Acquisition Details - CPC owns equity interests in 20 airports across Brazil, Ecuador, Costa Rica, and Curaçao, including major airports such as Quito International Airport and Juan Santamaria International Airport [2][3] - The portfolio reported an EBITDA of R$2,000 million (US$375 million) for the twelve-month period ending September 30, 2025, and net financial debt of R$6,300 million (US$1,180 million) [2] Group 2: Strategic Implications - This acquisition will expand ASUR's presence into four new markets in Latin America and the Caribbean, adding over 45 million passengers to ASUR's existing 71 million reported in 2024, solidifying its position as the leading airport operator in the Americas [3] - Out of the 20 airports in CPC's portfolio, 17 have more than 15 years remaining in their concession life, indicating long-term revenue potential [3] Group 3: Transaction Logistics - The transaction is expected to close in the first half of 2026, subject to customary conditions, and will be funded through cash on hand and committed debt financing from JPMorgan Chase Bank [4] - J.P. Morgan Securities LLC is serving as the exclusive financial advisor for ASUR, with several legal advisors involved in the transaction [4]
ASUR Announces Total Passenger Traffic for October 2025
Prnewswire· 2025-11-06 21:30
Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 5.3 million in October 2025, marking a year-on-year increase of 1.0% compared to October 2024 [1][4] Passenger Traffic Summary - Passenger traffic in Colombia increased by 5.1% year-on-year, driven by a 14.8% rise in international traffic and a 2.5% increase in domestic traffic [2][4] - In Mexico, passenger traffic decreased by 0.2%, with a 0.5% decline in domestic traffic nearly offset by a 0.1% increase in international traffic [2][4] - Puerto Rico experienced a 1.7% decline in passenger traffic, despite a 10.8% increase in international traffic, which was more than offset by a 3.6% decrease in domestic traffic [2][4] Detailed Traffic Breakdown - For Mexico, total passenger traffic in October 2025 was 2,962,147, down from 2,969,438 in October 2024, with year-to-date figures showing a decline of 2.5% [4][5] - Domestic traffic in Mexico for October 2025 was 1,657,685, a decrease of 0.5% from the previous year, while international traffic slightly increased by 0.1% to 1,304,462 [4][5] - In Puerto Rico, total passenger traffic was 855,798 in October 2025, down 1.7% from the previous year, with domestic traffic at 729,237, a decrease of 3.6%, and international traffic at 126,561, an increase of 10.8% [4][5] - Colombia's total passenger traffic reached 1,503,803 in October 2025, up 5.1% year-on-year, with domestic traffic at 1,168,412 (up 2.5%) and international traffic at 335,391 (up 14.8%) [4][5] Year-to-Date Performance - Year-to-date passenger traffic for Mexico was 33,443,544, reflecting a decline of 2.5% compared to the previous year [4][5] - Year-to-date figures for Puerto Rico showed an increase to 11,399,130, up 4.4% from the previous year [4][5] - Colombia's year-to-date passenger traffic reached 14,139,199, a 3.6% increase compared to the previous year [4][5] Company Overview - Grupo Aeroportuario del Sureste operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a significant presence in international travel [6]
Asure Software Sets November and December 2025 Investor Conference Schedule
Globenewswire· 2025-11-06 13:00
Core Insights - Asure Software, Inc. is actively participating in multiple financial conferences in November and December 2025, indicating a focus on investor engagement and market presence [1][2]. Conference Participation - The company will attend the 16th Annual Craig-Hallum Alpha Select Conference on November 18, 2025, in New York, NY, with a format of 1x1 meetings [1]. - On November 19, 2025, Asure will participate in both the Roth Technology Conference and the Stephens Annual Investment Conference, the latter featuring a fireside chat format [1][2]. - The Needham Technology Conference is also scheduled for November 20, 2025, in New York, NY, with 1x1 meetings [2]. - The Northland Capital Markets Growth Conference will take place virtually on December 16, 2025, also featuring 1x1 meetings [2]. Company Overview - Asure Software, Inc. specializes in cloud-based Human Capital Management (HCM) software solutions, catering to organizations of all sizes [3]. - The company's HCM suite includes services such as HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [3]. - Asure employs AI technology in its HR compliance services to enhance scalability and efficiency while focusing on client interactions [3].