Asure Software(US:ASUR) Globenewswire·2025-10-30 20:01Core 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]