Workflow
Asure Software(ASUR)
icon
Search documents
Asure Software(ASUR) - 2025 Q3 - Earnings Call Presentation
2025-10-30 20:30
Payroll & HR Solutions Investor Presentation October 2025 : ASUR 1 Safe Harbor Statement (Under the Private Securities Litigation Reform Act of 1995) Forward-Looking Statements This presentation contains certain statements made by management that may constitute "forward-looking" statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements about our financial results may include expected or projected U.S GAAP and ot ...
Asure Software(ASUR) - 2025 Q3 - Quarterly Report
2025-10-30 20:03
Revenue Performance - Asure's revenue for the three months ended September 30, 2025, was $36,252, an increase of $6,948, or 24%, from $29,304 for the same period in 2024[106] - For the nine months ended September 30, 2025, total revenue was $101,230, an increase of $12,230, or 14%, from $89,000 for the same period in 2024[106] - Recurring revenue for the three months ended September 30, 2025, was $31,841, an increase of $3,215, or 11%, from $28,626 for the same period in 2024, primarily due to growth in time and attendance solutions[110] - Recurring revenue for the nine months ended September 30, 2025, was $93,624, an increase of $7,674, or 9%, from $85,950 for the same period in 2024, mainly due to tax management and time and attendance solutions[111] - Professional services, hardware, and other revenue for the three months ended September 30, 2025, was $4,411, an increase of $3,733, or 551%, from $678 for the same period in 2024, driven by hardware sales related to time and attendance solutions[113] - Professional services, hardware, and other revenue for the nine months ended September 30, 2025, was $7,606 million, an increase of $4,556 million, or 149%, from $3,050 million for the same period in 2024[114] Profitability and Expenses - Asure's gross profit margin for the nine months ended September 30, 2025, was 67%, down from 69% in the same period of 2024[104] - Consolidated gross profit for the three months ended September 30, 2025, was $23,142 million, an increase of $3,438 million, or 17%, from $19,704 million for the same period in 2024[116] - Total operating expenses as a percentage of revenue decreased to 77% for the nine months ended September 30, 2025, compared to 78% for the same period in 2024[104] - Sales and marketing expenses for the three months ended September 30, 2025, were $9,043 million, an increase of $2,363 million, or 35%, from $6,680 million for the same period in 2024[120] - General and administrative expenses for the three months ended September 30, 2025, were $11,655 million, an increase of $1,277 million, or 12%, from $10,378 million for the same period in 2024[124] - R&D expenses for the three months ended September 30, 2025, were $1,174 million, a decrease of $799 million, or 40%, from $1,973 million for the same period in 2024[127] - The net loss for the nine months ended September 30, 2025, was 14% of total revenue, compared to a net loss of 10% for the same period in 2024[104] - The company incurred a net loss of $5,362 million, or $0.19 per share, during the three months ended September 30, 2025, compared to a loss of $3,901 million, or $0.15 per share, during the same period in 2024[136] Cash Flow and Liquidity - Net cash provided by operating activities for the nine months ended September 30, 2025, was $10,924 million, primarily driven by non-cash adjustments to net loss of approximately $29,526 million[140] - Net cash used in investing activities for the nine months ended September 30, 2025, was $78,170 million, primarily due to cash paid in business combinations or asset acquisitions of $52,467 million[141] - As of September 30, 2025, the company had working capital of $14,838 million, an increase of $1,197 million from $13,641 million at December 31, 2024[139] - As of September 30, 2025, the company has $21,520 in cash and cash equivalents generated from operations, expected to be the principal source of liquidity for the next twelve months[148] - The company believes it has sufficient liquidity to support business operations for at least the next twelve months, but may need to raise additional capital for growth and acquisitions[149] Acquisitions and Business Development - Asure completed the acquisition of Lathem Time 2025 LLC on July 1, 2025, enhancing its time and attendance offerings and expanding its customer base[101] - The company executed two customer relationship asset acquisitions during the three months ended September 30, 2025, with a total purchase price of $11,227[102] Financial Compliance and Risk - The company is in compliance with all covenants under the Loan Agreement, including a Total Leverage Ratio no greater than 5.50 to 1.00 and a minimum liquidity threshold of $10,000[147] - There have been no material changes to critical accounting estimates since the Annual Report for the year ended December 31, 2024[150] - The company has not experienced any material changes in market risk exposure since the 2024 Annual Report[152] - The company has access to an "at the market offering" program allowing the issuance of up to $25,000 of newly issued shares of common stock, with $25,000 available for issuance as of September 30, 2025[148]
Asure Software(ASUR) - 2025 Q3 - Quarterly Results
2025-10-30 20:02
Exhibit 99.1 Asure Announces Third Quarter 2025 Results Third Quarter 2025 Total Revenues Increased 24% to $36.3 million Recurring Revenues Grew 11% from Prior Year AUSTIN, TX – October 30, 2025 – Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management software solutions, today reported results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights* Nine Months 2025 Financial Highlights* *Financial metrics are compared to the third qua ...
Asure Announces Third Quarter 2025 Results
Globenewswire· 2025-10-30 20:01
Core Insights - Asure Software, Inc. reported a 24% increase in total revenues for Q3 2025, reaching $36.3 million, with recurring revenues growing by 11% year-over-year [1][9][10] - The company launched Asure Central™, a unified client platform aimed at enhancing scalability and client experience, which is expected to improve operating leverage and client satisfaction [6][7] Financial Highlights - Q3 2025 total revenue: $36.3 million, up 24% from Q3 2024 [9][10] - Recurring revenue for Q3 2025: $31.8 million, compared to $28.6 million in Q3 2024 [10] - Net loss for Q3 2025: $5.4 million, compared to a net loss of $3.9 million in Q3 2024 [10] - EBITDA for Q3 2025: $3.9 million, up from $2.2 million in Q3 2024 [10] - Adjusted EBITDA for Q3 2025: $8.1 million, compared to $5.4 million in Q3 2024 [10] Year-to-Date Performance - Total revenue for the first nine months of 2025: $101.2 million, a 14% increase from the same period in 2024 [10] - Recurring revenue for the first nine months of 2025: $93.6 million, up 9% from $86.0 million in the same period of 2024 [10] - Net loss for the first nine months of 2025: $13.9 million, compared to a net loss of $8.6 million in the same period of 2024 [10] - Gross profit for the first nine months of 2025: $67.7 million, compared to $61.2 million in the same period of 2024 [10] Guidance - Q4 2025 revenue guidance: $38.0 million to $40.0 million [12] - Full year 2025 revenue guidance: $139.0 million to $141.0 million [12] - Full year 2026 revenue guidance: $158.0 million to $162.0 million [12] - Adjusted EBITDA guidance for Q4 2025: $10.0 million to $12.0 million [12]
ASUR ANNOUNCES 3Q25 RESULTS
Prnewswire· 2025-10-22 20:30
Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total revenue increase of 17.1% year-over-year to Ps.8,765.4 million for the third quarter of 2025 [3][4] - Passenger traffic showed mixed results across regions, with a 1.1% decrease in Mexico, a 1.1% increase in Puerto Rico, and a 3.1% increase in Colombia [1][4] - The company announced a strategic acquisition of airport retail concessions at major U.S. airports for US$295 million, expected to close in the fourth quarter of 2025 [4] Financial Highlights - Total Revenue: Ps.7,483.3 million in Q3 2024 vs. Ps.8,765.5 million in Q3 2025, a 17.1% increase [3] - Revenue Breakdown: - Mexico: Ps.5,386.4 million in Q3 2024 vs. Ps.6,479.1 million in Q3 2025, a 20.3% increase [3] - San Juan: Ps.1,215.6 million in Q3 2024 vs. Ps.1,325.8 million in Q3 2025, a 9.1% increase [3] - Colombia: Ps.881.3 million in Q3 2024 vs. Ps.960.6 million in Q3 2025, a 9.0% increase [3] - EBITDA: Ps.4,700.4 million in Q3 2024 vs. Ps.4,639.4 million in Q3 2025, a 1.3% decline [3] - Net Income: Ps.3,474.6 million in Q3 2024 vs. Ps.2,211.4 million in Q3 2025, a 36.4% decline [3] Operational Highlights - Total passenger traffic increased by 0.4% year-over-year, with specific changes: - Mexico: Decreased by 1.1% [4] - Puerto Rico: Increased by 1.1% [4] - Colombia: Increased by 3.1% [4] - Commercial revenues per passenger increased by 1.0% year-over-year to Ps.126.1 [3][4] - Cash position as of September 30, 2025, was Ps.16,259.3 million, with a Debt to LTM Adjusted EBITDA ratio of 0.2x [4]
Asure Software to Announce Third Quarter 2025 Financial Results on October 30, 2025
Globenewswire· 2025-10-16 20:01
Core Viewpoint - Asure Software will announce its financial results for the third quarter of 2025 on October 30, 2025, and will hold a conference call to discuss these results [1][2]. Company Information - Asure Software, Inc. is a leading provider of cloud-based Human Capital Management (HCM) software solutions, assisting organizations in streamlining their HCM processes [4]. - The company's HCM solutions include HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [4]. - Asure incorporates AI technology in its HR compliance services to enhance scalability and efficiency while prioritizing client interactions [4]. Conference Call Details - The conference call will take place on October 30, 2025, at 4:30 p.m. Eastern time, hosted by Chairman and CEO Pat Goepel and CFO John Pence [2]. - Participants can join the call by dialing 877-407-9219 for U.S. calls or 201-689-8852 for international calls, with a confirmation code of 13756367 [2]. - The call will also be available via webcast on the investor relations section of Asure Software's website, with a replay option [3].
ASUR Announces Total Passenger Traffic for September 2025
Prnewswire· 2025-10-06 20:30
Core Insights - Passenger traffic for Grupo Aeroportuario del Sureste (ASUR) in September 2025 reached 4.8 million, a decrease of 1.4% compared to September 2024 [1][4] - Year-over-year passenger traffic increased by 3.2% in Colombia and 1.6% in Puerto Rico, while it decreased by 4.5% in Mexico [2][4] Passenger Traffic Summary - **Mexico**: - Total passenger traffic decreased from 2,728,720 in September 2024 to 2,605,717 in September 2025, a decline of 4.5% [4] - Domestic traffic decreased by 3.1% and international traffic decreased by 6.5% [4][5] - **Puerto Rico**: - Total passenger traffic increased from 773,296 in September 2024 to 785,846 in September 2025, an increase of 1.6% [4] - International traffic saw a significant increase of 16.1%, while domestic traffic decreased by 0.5% [2][4] - **Colombia**: - Total passenger traffic increased from 1,352,202 in September 2024 to 1,395,261 in September 2025, a rise of 3.2% [4] - International traffic increased by 10.0%, while domestic traffic rose by 1.4% [2][4] Year-to-Date Performance - **Mexico**: Year-to-date passenger traffic decreased by 2.7% from 31,314,960 in 2024 to 30,481,397 in 2025 [4] - **Puerto Rico**: Year-to-date traffic increased by 4.9% from 10,047,837 in 2024 to 10,543,332 in 2025 [4] - **Colombia**: Year-to-date traffic increased by 3.4% from 12,218,181 in 2024 to 12,635,396 in 2025 [4] Company Overview - Grupo Aeroportuario del Sureste (ASUR) operates 16 airports across the Americas, including major airports in Mexico and Colombia, and is a key player in the airport management sector [8]
4 Internet Delivery Services Stocks in Focus in a Prospering Industry
ZACKS· 2025-09-23 13:46
Industry Overview - The Zacks Internet - Delivery Services industry includes companies providing services through Internet-based platforms, such as food delivery, online travel booking, and web hosting [2] - The industry is characterized by growth-stage companies investing heavily in R&D and sales & marketing, which may hinder short-term profitability [2] Growth Drivers - Increased smartphone usage and improved Internet access are driving growth in the delivery services sector, with 4G and emerging 5G technology enhancing user experiences [3] - Shifting consumer preferences towards convenience and online services are expected to benefit the industry, particularly in food ordering and travel booking [4] - Technological advancements, such as smart routing algorithms and real-time GPS tracking, are improving delivery efficiency and customer experience [5] Challenges - Persistent macroeconomic uncertainties, inflation, and high interest rates pose significant challenges to the industry [1] - Higher upfront costs associated with market expansion may negatively impact profitability, especially as competition intensifies from major tech companies like Amazon and Alphabet [7] - The potential fallout from tariff wars could indirectly affect revenue growth and margins due to reduced spending from small businesses and startups [6] Industry Performance - The Zacks Internet - Delivery Services industry has underperformed compared to the S&P 500 and the broader Computer and Technology sector over the past year, gaining only 0.2% [11] - The industry currently holds a Zacks Industry Rank of 103, placing it in the top 42% of approximately 250 Zacks industries, indicating solid near-term prospects [9][10] Valuation Metrics - The industry is trading at a forward 12-month price-to-sales (P/S) ratio of 1.64X, significantly lower than the S&P 500's 5.44X and the sector's 7.1X [14] Company Highlights - **GoDaddy (GDDY)**: Focused on cloud-based technology products, benefiting from strong momentum in its Applications & Commerce business, with a Zacks Consensus Estimate for 2025 earnings revised upward by 2.2% to $6.05 per share [17][18][19] - **Vipshop Holdings (VIPS)**: An online discount retailer in China, improving its financial performance through enhanced product offerings and a focus on high-margin apparel businesses, with a current-year earnings estimate revised upward by $0.05 to $2.44 per share [23][24] - **QuinStreet (QNST)**: A provider of online marketing services, positioned to benefit from the shift to online business models, with a fiscal 2026 earnings estimate remaining unchanged at $1.05 per share [27][28] - **Asure Software (ASUR)**: A cloud computing firm focusing on human capital management solutions, with a 2025 earnings estimate revised upward by $0.02 to $0.79 per share [31][32]
ASUR Announces Total Passenger Traffic for August 2025
Prnewswire· 2025-09-08 20:30
Core Insights - Passenger traffic for Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) in August 2025 reached 6.0 million, a 0.6% increase compared to August 2024 [1][4] - Year-over-year passenger traffic increased by 4.6% in Puerto Rico and 2.7% in Colombia, while it decreased by 1.6% in Mexico [2][4] Passenger Traffic Summary - **Mexico**: - Total passenger traffic decreased from 3,350,590 in August 2024 to 3,296,073 in August 2025, a decline of 1.6% - Domestic traffic fell by 2.6% and international traffic decreased by 0.4% [4][5] - **Puerto Rico**: - Total passenger traffic increased from 1,134,323 in August 2024 to 1,186,630 in August 2025, a rise of 4.6% - Domestic traffic rose by 3.3% and international traffic surged by 13.7% [4][5] - **Colombia**: - Total passenger traffic increased from 1,502,187 in August 2024 to 1,543,290 in August 2025, a growth of 2.7% - International traffic increased by 12.8%, while domestic traffic saw a slight decrease of 0.2% [4][5] Year-to-Date Performance - **Mexico**: Year-to-date passenger traffic decreased by 2.5% from 28,586,240 in 2024 to 27,875,680 in 2025 [4][5] - **Puerto Rico**: Year-to-date traffic increased by 5.2% from 9,274,541 in 2024 to 9,757,486 in 2025 [4][5] - **Colombia**: Year-to-date traffic increased by 3.4% from 10,865,979 in 2024 to 11,240,135 in 2025 [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 San Juan, Puerto Rico [6]
Asure Software Sets September 2025 Investor Conference Schedule
GlobeNewswire News Room· 2025-09-03 20:01
Company Participation in Financial Conferences - Asure Software, Inc. is scheduled to participate in the Lake Street Best Ideas Growth Conference on September 11, 2025, in New York, NY, with in-person 1x1 meetings [1] - The company will also attend the Barrington Research Fall Investment Conference on September 16, 2025, which will be conducted virtually with 1x1 meetings [1] Company Overview - Asure Software, Inc. provides cloud-based Human Capital Management (HCM) software solutions aimed at streamlining HCM processes for organizations of all sizes [2] - The suite of HCM solutions offered by Asure includes HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [2] - The company's approach to HR compliance services leverages AI technology to enhance scalability and efficiency while focusing on client interactions [2]