Core Insights - Asure Software, Inc. reported full year 2024 revenues of $119.8 million, with recurring revenues growing 15% year-over-year, now representing 96% of total revenues, up from 84% in the prior year [1][6][7]. Financial Highlights - Fourth quarter 2024 revenue reached $30.8 million, a 17% increase year-over-year, and 22% growth when excluding one-time ERTC revenue [6][7]. - For the full year 2024, total revenue increased slightly, with adjusted revenue growth of 17% year-over-year when excluding ERTC [6][7]. - Recurring revenue for the full year was $114.5 million, up 15% from the prior year [7]. - The company reported a net loss of $11.8 million for the full year, compared to a net loss of $9.2 million in the previous year [7]. Recent Business Developments - In January 2025, Asure signed a multi-year agreement with a leading audit and consulting firm to resell its Payroll and Payroll Tax Management solutions [7]. - The introduction of Luna, an advanced AI agent for payroll and HR management, was announced, aimed at enhancing client interactions and operational efficiency [7]. - Jay Whitehead joined Asure as Senior Vice President to lead the AsurePay™ Platinum VIP Banking card and Marketplace businesses, expected to drive innovation [7]. Management Commentary - The management expressed satisfaction with the strong results for 2024, highlighting the growth in recurring revenue and the expansion of contracted revenue backlog as indicators of future growth [6][8]. - The company plans for both organic and inorganic expansion in 2025, supported by significant investments in technology and product development [8]. Guidance for 2025 - Asure provided revenue guidance for Q1 2025 in the range of $33.0 million to $35.0 million and for the full year 2025 in the range of $134.0 million to $138.0 million [10]. - Adjusted EBITDA guidance for Q1 2025 is projected between $6.0 million and $7.0 million, with a margin of 23% to 24% [10].

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 5.6 million in February 2024, reflecting a year-over-year decrease of 2.6% compared to February 2023 [1][3] Passenger Traffic Summary - Passenger traffic in Puerto Rico increased by 8.6%, driven by a 19.2% rise in international traffic and a 7.5% increase in domestic traffic [2][4] - Colombia experienced a 3.3% increase in passenger traffic, with international traffic up by 11.3% and domestic traffic rising by 1.1% [2][4] - In Mexico, total passenger traffic decreased by 7.5%, with international traffic down by 10.6% and domestic traffic declining by 2.9% [2][4] Year-to-Date Performance - Year-to-date figures for February 2025 show a total traffic of 12,053,858, which is a slight decrease of 0.3% compared to the previous year [4] - Domestic traffic year-to-date increased by 2.8%, while international traffic saw a decline of 4.5% [4] Detailed Traffic Breakdown - In Mexico, February 2025 domestic traffic was 1,375,440, down 2.9% from the previous year, while international traffic was 1,952,825, down 10.6% [4][5] - San Juan, Puerto Rico, reported domestic traffic of 956,531, an increase of 7.5%, and international traffic of 112,385, up 19.2% [5] - Colombia's domestic traffic reached 946,659, a 1.1% increase, while international traffic was 283,772, reflecting an 11.3% rise [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 the Caribbean [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]

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total revenue increase of 31.2% year-over-year, reaching Ps.9,020.6 million for the fourth quarter of 2024 [3][5] - Passenger traffic overall declined by 0.3% year-over-year, with significant variations across regions: Mexico saw an 8.0% decrease, while Puerto Rico and Colombia experienced increases of 9.6% and 14.1%, respectively [5][3] - The company’s EBITDA rose by 22.5% year-over-year to Ps.5,111.3 million, with an adjusted EBITDA margin improvement to 69.7% from 67.7% in the previous year [5][3] Financial Highlights - Total Revenue: Increased from Ps.6,876.9 million in Q4 2023 to Ps.9,020.6 million in Q4 2024, a growth of 31.2% [3] - Net Income: Rose by 37.2% year-over-year to Ps.3,589.7 million [3][5] - Earnings per Share: Increased from 8.4570 pesos to 11.3819 pesos, reflecting a 34.6% growth [3][5] - Cash Position: Ended the year with Ps.20,083.4 million, a 44.8% increase [5] Operational Highlights - Passenger Traffic: - Mexico: Decreased by 8.0%, with international traffic down 7.5% and domestic traffic down 8.6% [5] - Puerto Rico: Increased by 9.6%, driven by a 28.9% rise in international traffic and a 7.3% rise in domestic traffic [5] - Colombia: Increased by 14.1%, with international traffic up 20.4% and domestic traffic up 12.5% [5] - Commercial Revenues per Passenger: Increased by 9.4% year-over-year to Ps.130.2 [5] Capital Expenditure and Debt - Capex: Increased significantly by 257.9% year-over-year to Ps.2,532.7 million [3] - Net Debt: Increased from Ps.(1,648.1 million) to Ps.(6,724.0 million), reflecting a 308.0% change [3]

Core Points - Asure Software, Inc. will hold a conference call on March 6, 2025, at 4:30 p.m. Eastern time to discuss its financial results for Q4 and full year 2024 [1] - The call will be hosted by Asure's Chairman and CEO Pat Goepel and CFO John Pence, followed by a Q&A session [2] - The conference call will also be available via webcast on Asure's investor relations website, with a replay option [3] Company Overview - Asure Software provides cloud-based Human Capital Management (HCM) software solutions aimed at streamlining HCM processes for organizations of all sizes [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 focusing on client interactions [4]

Core Insights - Asure has launched Luna, an advanced AI Agent aimed at enhancing payroll and HR management, distinguishing itself from traditional generative AI chatbots by taking actionable steps on behalf of employees and administrators [1][2]. Product Features - Luna assists employees in navigating HR and payroll updates, simplifying processes such as updating personal details and benefits elections, thereby reducing administrative burdens [2][3]. - The AI agent guides employees through necessary changes during life events, such as marriage, ensuring all relevant updates are made efficiently across payroll and HR systems [3]. Business Impact - Luna is designed to help businesses remain compliant with evolving regulations while minimizing the administrative workload on HR teams, allowing them to focus on strategic initiatives that promote business growth [4]. - The introduction of Luna is expected to enhance the employee experience, streamline operations, reduce compliance risks, and save time for businesses [5]. Company Overview - Asure provides cloud-based Human Capital Management (HCM) software solutions that assist organizations in streamlining their HCM processes, including HR, payroll, and benefits administration [5].

Core Insights - Asure has launched Luna, an advanced AI Agent aimed at enhancing payroll and HR management, distinguishing itself from traditional generative AI chatbots by taking actionable steps on behalf of employees and administrators [1][2][4] Group 1: Product Features - Luna assists employees in navigating HR and payroll updates, simplifying processes such as updating personal details and benefits elections during life changes [2][3] - The AI agent minimizes the administrative burden on HR teams by allowing employees to manage their HR needs through simple voice or text commands [4] Group 2: Business Impact - By streamlining payroll and HR processes, Luna helps businesses remain compliant with evolving regulations and allows HR teams to focus on strategic initiatives that drive growth [4][5] - The introduction of Luna is expected to enhance the employee experience while reducing compliance risks and saving time for businesses [5] Group 3: Company Overview - Asure provides cloud-based Human Capital Management (HCM) software solutions that help organizations of all sizes streamline their HCM processes, including HR, payroll, and benefits administration [5]

The Zacks Internet - Delivery Services industry participants like GoDaddy (GDDY) , MakeMyTrip (MMYT) , QuinStreet (QNST) and Asure Software (ASUR) are strategically positioned for growth due to their sustained efforts toward adopting changing consumer preferences. A greater Internet presence in emerging markets, a burgeoning affluent middle class and the accelerated uptake of smartphones are set to aid Internet – Delivery Services industry participants. Online delivery is yet to expand beyond major metros, ...

Looking for stocks fluctuating within a specific band, known as breakout stocks, is an active investing strategy. When selecting breakout stocks, it is recommended to sell if prices drop below the lower band and hold for potential gains if they exceed the upper band.To that end, Asure Software, Inc. (ASUR) , Granite Ridge Resources, Inc. (GRNT) and Priority Technology Holdings, Inc. (PRTH) have been selected as the breakout stocks for today.Zeroing in on Breakout StocksTo select the right breakout stock, on ...

Asure Software Inc. (ASUR) shares rallied 13.7% in the last trading session to close at $11.37. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 10.9% gain over the past four weeks.The upswing came after Lake Street analyst Eric Martinuzzi upgraded the stock's rating from Hold to Buy and raised the price target from $9 to $13.Asure Software’s strategic initiative to become a pure software-as-a-service HCM comp ...

AUSTIN, Texas, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, announced today that serial HR and pay technology pioneer Jay Whitehead has joined to lead its AsurePay™ Platinum VIP Banking card and Marketplace businesses. "Asure's employer and payroll customers will want AsurePay™ Platinum VIP Banking to be at the top of their wallet. It's 2025, about time for working folks, especially non-exempt workers who are und ...