Revenue and Profit - Revenue for the three months ended March 31, 2025, was $34,854, an increase of $3,202, or 10%, from $31,652 for the same period in 2024[90] - Recurring revenue for the three months ended March 31, 2025, was $33,187, an increase of $2,914, or 10%, from $30,273 for the same period in 2024[94] - Gross profit for the three months ended March 31, 2025, was $24,608, an increase of $2,001, or 9%, from $22,607 for the same period in 2024, with a consistent gross margin of 71%[97] - Recurring revenue consistently represented over 95% of total revenue for the three months ended March 31, 2025, and 2024[89] Expenses - Sales and marketing expenses for the three months ended March 31, 2025, were $8,386, an increase of $619, or 8%, from $7,767 for the same period in 2024, with a decrease in sales and marketing expenses as a percentage of revenue to 24%[100] - General and administrative expenses for the three months ended March 31, 2025, were $11,900, an increase of $1,837, or 18%, from $10,063 for the same period in 2024, with an increase in expenses as a percentage of revenue to 34%[103] - Total operating expenses as a percentage of revenue increased to 76% for the three months ended March 31, 2025, from 73% for the same period in 2024[88] - R&D expenses for Q1 2025 were $2,029 million, a 15% increase from $1,769 million in Q1 2024, maintaining 6% of revenue[105] - Amortization expense for Q1 2025 was $4,308 million, a 25% increase from $3,449 million in Q1 2024, rising to 12% of revenue[106] Net Loss and Cash Flow - Net loss for Q1 2025 was $2,398 million, or $0.09 per share, compared to a loss of $308 million, or $0.01 per share, in Q1 2024, representing 7% of total revenue[110] - Net cash provided by operating activities was $1,996 million for Q1 2025, driven by non-cash adjustments of approximately $8,277 million[114] - Net cash used in investing activities was $12,630 million for Q1 2025, primarily due to purchases of available-for-sale securities and intangible assets[115] - Net cash provided by financing activities was $63,925 million for Q1 2025, mainly from a net increase in client fund obligations[116] Working Capital and Liquidity - Working capital decreased to $9,000 million as of March 31, 2025, down from $13,641 million at December 31, 2024[113] - As of March 31, 2025, the company had $14,076 million in cash and cash equivalents, with additional liquidity sources from a Loan Agreement allowing up to $60,000 million[124] - The company expects to maintain sufficient liquidity for operations over the next twelve months but may need to raise additional capital for growth and acquisitions[125] Client Base and Investments - The company serves over 100,000 clients across the United States, with approximately 20% being direct clients[87] - The company continues to invest in research and development to expand its solutions and explore acquisition opportunities for additional products or technologies[96] Other Revenue - Professional services, hardware, and other revenue increased by $288, or 21%, for the three months ended March 31, 2025, primarily due to an increase in professional services[95] Interest Income and Expense - Interest income decreased to $171 million in Q1 2025 from $336 million in Q1 2024, while interest expense increased to $451 million from $180 million[107]

Financial Performance - Total revenues for Q1 2025 were $34.9 million, representing a 10% increase year over year[1][6] - Recurring revenues reached $33.2 million, up from $30.3 million in the prior year first quarter[6] - The net loss for Q1 2025 was $2.4 million, compared to a net loss of $0.3 million in the prior year[6] - Adjusted EBITDA for Q1 2025 was $7.3 million, an increase from $6.8 million in the prior year[6] - Gross profit for Q1 2025 was $24.6 million, up from $22.6 million in the prior year[6] - Total revenue for Q1 2025 was $34.854 million, a 10.9% increase from $31.652 million in Q1 2024[35] - Recurring revenue reached $33.187 million, up 9.5% from $30.273 million year-over-year[35] - Gross profit for the quarter was $24.608 million, compared to $22.607 million in the same period last year, reflecting a gross margin improvement[35] - Net loss for Q1 2025 was $2.398 million, significantly higher than the net loss of $0.308 million in Q1 2024[35] - Revenue for Q1-25 reached $34,854,000, an increase of 13.4% compared to Q4-24's $30,792,000[45] - Gross profit for Q1-25 was $24,608,000, resulting in a gross margin of 70.6%, up from 68.0% in Q4-24[45] - Non-GAAP gross profit for Q1-25 was $26,267,000, with a non-GAAP gross margin of 75.4%, compared to 73.2% in Q4-24[45] - GAAP net loss for Q1-25 was $2,398,000, an improvement from a net loss of $3,204,000 in Q4-24[45] - Adjusted EBITDA for Q1-25 was $7,316,000, reflecting an adjusted EBITDA margin of 21.0%[45] - The EBITDA margin for Q1-25 was 11.9%, an increase from 11.2% in Q4-24[45] Cash Flow and Assets - Cash and cash equivalents decreased to $14.076 million from $21.425 million at the end of Q4 2024[33] - Total assets increased to $498.941 million, up from $436.638 million at the end of Q4 2024[33] - Total liabilities rose to $301.278 million, compared to $239.323 million at the end of Q4 2024[33] - The company reported a net cash provided by operating activities of $1.996 million, a recovery from a cash outflow of $3.947 million in Q1 2024[37] - Cash flows from financing activities were significantly positive at $63.925 million, compared to $21.062 million in Q1 2024[37] Revenue Guidance and Backlog - Guidance for Q2 2025 revenue is projected between $30.0 million and $32.0 million, and for FY 2025 between $134.0 million and $138.0 million[7][8] - The contracted revenue backlog is at an all-time high, with over 95% of revenues being recurring[5] Expenses and Investments - Sales and marketing expenses for Q1-25 totaled $8,386,000, up from $6,945,000 in Q4-24[45] - Research and development expenses for Q1-25 were $2,029,000, slightly down from $2,103,000 in Q4-24[45] - The company reported a significant increase in acquisition and transaction costs, totaling $779,000 in Q1-25 compared to $665,000 in Q4-24[45] New Initiatives - The company launched a new Payroll Tax Management solution aimed at large Canadian companies and global enterprises[6] Share Information - The weighted average basic and diluted shares outstanding increased to 26.961 million from 25.334 million year-over-year[35] Seasonal Trends - The company noted that first quarters are seasonally strong due to the recognition of recurring year-end W2/ACA revenue[45]

Core Insights - Asure Software, Inc. reported total revenues of $34.9 million for Q1 2025, reflecting a 10% increase year-over-year, with recurring revenues growing by 10% as well [1][9] - The company experienced a net loss of $2.4 million in Q1 2025, compared to a net loss of $0.3 million in the same period last year [9] - Asure's recurring revenue now constitutes over 95% of total revenue, with a record contracted revenue backlog [6][7] Financial Highlights - Total revenue for Q1 2025 was $34.9 million, up from $31.7 million in Q1 2024 [9] - Recurring revenue reached $33.2 million, compared to $30.3 million in the prior year [9] - Gross profit increased to $24.6 million from $22.6 million year-over-year, maintaining a gross margin of 70.6% [9][37] - Adjusted EBITDA for Q1 2025 was $7.3 million, up from $6.8 million in Q1 2024 [9] Business Developments - The company launched a new Payroll Tax Management solution aimed at large Canadian companies and global enterprises, enhancing its service offerings [9] - Asure entered into a credit agreement allowing for borrowing up to $60 million, with $20 million received at closing [9] Guidance - For Q2 2025, Asure projects revenue between $30.0 million and $32.0 million, and for the full year 2025, revenue is expected to be between $134.0 million and $138.0 million [8][7]

Core Points - Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) held its General Ordinary Shareholders' Meeting on April 23, 2025, where several key resolutions were approved regarding the company's operations and financials [1][3]. Financial Resolutions - The shareholders approved the audited individual and consolidated financial statements for the fiscal year ended December 31, 2024 [3]. - An ordinary cash dividend of Ps. 50.00 per share and two extraordinary cash dividends of Ps. 15.00 each per share were approved, to be paid in May, September, and November 2025 [3][9]. - Ps. 6.00 will be set aside from the accumulated net profits to increase the legal reserve of the company [3]. Board of Directors and Management - The report submitted by the Chief Executive Officer and the independent auditor's report for the fiscal year ended December 31, 2024, were approved [3]. - The resignation of Mr. Ricardo Guajardo Touché from the Board of Directors was accepted, and Ms. Isabel Prieto Prieto was appointed as an independent member [9]. - Compensation for board members was approved, with each member receiving Ps. 100,000.00 per meeting attended, and members of the Audit and Corporate Practices Committee receiving Ps. 135,000.00 [9]. Operational Highlights - The company operates 16 airports across Mexico, the United States, and Colombia, including major airports like Cancún and Medellin [8][10]. - ASUR is traded on the NYSE under the symbol ASR and on the Mexican Bolsa under the ticker ASUR [10].

Core Insights - Asure Software, Inc. has launched a new Canadian payroll tax filing solution aimed at large Canadian companies and global enterprises with employees in Canada [1][2] - The solution integrates payroll tax services with major platforms like Workday, Oracle, and SAP, utilizing the company's AI-powered virtual agent, Luna, marking a significant innovation in the Canadian market [2][3] Company Developments - The product was developed rapidly due to an API-first approach and a strategic partnership with Amazon Web Services (AWS), enhancing scalability, reliability, and flexibility [3] - The Canadian payroll tax solution addresses compliance needs for organizations managing cross-border payroll processes, simplifying workflows and improving operational efficiency through intelligent automation [3][4] Strategic Focus - The company aims to empower organizations by simplifying complex payroll and tax compliance challenges, particularly across international borders, reinforcing its commitment to innovation [4] - Asure Software's suite of HCM solutions includes various services such as HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management, all enhanced by AI technology [5]

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a significant increase in total revenue by 18.2% year-over-year (YoY) to Ps. 8,787.5 million for the first quarter of 2025, driven by strong performance in Puerto Rico and Colombia, while Mexico experienced a decline in passenger traffic [1][3][4] Financial Highlights - Total Revenue increased from Ps. 7,434.9 million in Q1 2024 to Ps. 8,787.5 million in Q1 2025, marking an 18.2% increase [3] - Revenue from Mexico rose by 14.6% to Ps. 6,472.2 million, while San Juan and Colombia saw increases of 27.9% and 31.6%, respectively [3][4] - Commercial revenues per passenger increased by 17.5% YoY to Ps. 146.8 [3][4] - EBITDA grew by 11.7% YoY to Ps. 5,724.8 million, with a slight decline in adjusted EBITDA margin from 71.4% to 70.0% [3][4] - Net income increased by 14.2% YoY to Ps. 3,638.2 million, with earnings per share rising to 11.7193 pesos [3][4] Operational Highlights - Passenger traffic overall increased by 0.2% YoY, with notable increases in Puerto Rico (10.6%) and Colombia (6.4%), while Mexico saw a decrease of 4.8% [1][4] - In Mexico, international traffic decreased by 7.5%, while domestic traffic saw a minor decline of 0.7% [4] - The cash position at the end of Q1 2025 was Ps. 22,681.2 million, with a net debt of Ps. (9,758.0 million) [3][4] Company Overview - ASUR operates 16 airports across the Americas, including major airports in Mexico and Colombia, and holds a 60% stake in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in Puerto Rico [11]

Core Viewpoint - Asure Software, Inc. will hold a conference call on May 1, 2025, to discuss its financial results for the first quarter of 2025 [1][2]. Group 1: Conference Call Details - The conference call will be hosted by Asure Chairman and CEO Pat Goepel and CFO John Pence, followed by a Q&A session [2]. - The call is scheduled for Thursday, May 1, 2025, at 4:30 p.m. Eastern time [2]. - U.S. dial-in number is 877-407-9219, and international dial-in number is 201-689-8852 [2]. - Participants are advised to call 5-10 minutes prior to the start time [2]. Group 2: Webcast Information - The conference call will also be available via webcast on the investor relations section of Asure Software's website [3]. - A replay of the webcast will be accessible after the live event [3]. Group 3: Company Overview - Asure Software provides cloud-based Human Capital Management (HCM) software solutions for organizations of all sizes [4]. - The suite of HCM solutions includes HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [4]. - The company utilizes AI technology to enhance scalability and efficiency in HR compliance services while prioritizing client interactions [4].

Core Insights - Asure Software is leveraging a strategic partnership with Amazon Web Services (AWS) to enhance its Human Capital Management (HCM) software solutions through advanced AI technologies [1][2][3] - The collaboration aims to drive transformative innovations in HR and payroll solutions, focusing on generative AI tools to improve various business functions beyond customer support [2][3][4] Company Overview - Asure Software (NASDAQ: ASUR) provides cloud-based HCM software solutions that help organizations streamline HR processes, including payroll, time and attendance, benefits administration, and talent management [5] - The company's approach incorporates AI technology to enhance scalability and efficiency while prioritizing client interactions [5] Partnership with AWS - The partnership with AWS allows Asure to explore and deploy AI-powered solutions rapidly, fundamentally redefining the HCM landscape [3][4] - Future innovations from this collaboration may include predictive HR analytics, intelligent workforce management, personalized employee engagement platforms, and advanced compliance monitoring [2][3] Technological Advancements - Generative AI and agentic AI are expected to revolutionize all aspects of human capital management, providing unprecedented insights, increased productivity, and significant operational efficiencies [3][4] - Potential applications include automating complex payroll processes and creating dynamic compliance monitoring systems [3]

Group 1 - The article highlights the performance of Grupo Aeroportuario del Sureste (ASUR), which has achieved a 7.5% return since a buy rating was issued, contrasting with a 5.6% loss in the broader market [1] - The investing group, The Aerospace Forum, focuses on identifying investment opportunities within the aerospace, defense, and airline sectors, leveraging data analytics for informed decision-making [2] - The analyst emphasizes the importance of context in understanding industry developments and their potential impact on investment strategies [2] Group 2 - The article does not provide any specific financial metrics or forecasts related to ASUR or the broader aerospace and defense industry [3]

Core Viewpoint - Grupo Aeroportuario del Sureste (ASUR) has announced its General Annual Ordinary Shareholders' Meeting scheduled for April 23, 2025, to discuss various operational and financial matters, including the approval of financial reports and dividend proposals [1][2]. Group 1: Meeting Details - The shareholders' meeting will take place at 10 a.m. on April 23, 2025, at the company's offices in Mexico City [1]. - Shareholders must be registered on the Company Shareholder Register by April 18, 2025, to attend the meeting [5][6]. Group 2: Agenda Items - The agenda includes the presentation and approval of the CEO's report, independent auditor's report, and the Board of Directors' report regarding the fiscal year ended December 31, 2024 [2]. - Financial statements for the fiscal year ended December 31, 2024, will be presented, along with the annual report from the Audit Committee [2]. - Proposals for the application of the company's results include an increase in the legal reserve and a cash dividend of $50.00, payable in May 2025, and additional extraordinary dividends of $15.00 each, payable in September and November 2025 [3]. Group 3: Governance and Representation - The meeting will also address the ratification of the administration by the Board of Directors and the CEO for the fiscal year 2024, along with the appointment of committee members [3][4]. - Shareholders may attend the meeting in person or be represented by authorized individuals [8]. Group 4: Company Overview - Grupo Aeroportuario del Sureste operates 16 airports across the Americas, including Cancun Airport and Medellin International Airport, and is a significant player in the airport management sector [9]. - The company is listed on both the Mexican Bolsa and the NYSE, with one ADS representing ten series B shares [9].