Asure Software(US:ASUR)2025-05-01 20:13Financial Performance & Guidance - First quarter revenue increased by 10% year-over-year to $34.9 million[14] - Recurring revenue also increased by 10% year-over-year[77] - The company anticipates FY2025 revenue between $134 million and $138 million[16] - FY2025 adjusted EBITDA margin is guided at 23%-24%[16] Growth & Strategy - Contracted revenue backlog increased by 339% compared to the first quarter of the previous year[14] - The company completed a credit facility for up to $60 million for potential future acquisitions[14] - The company serves over 100,000 clients and over 2 million employees[16] Market Opportunity - The US HCM total addressable market (TAM) is over $90 billion and is growing at a CAGR of 7.6% through 2025[38] - The near-term total addressable market is over $45 billion[38]