ASUR Chart
About

Asure Software, Inc. engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build a productive workforce to help them stay compliant and allocate resources to grow their business. The company offers a comprehensive suite of HCM tools through its Asure HCM platform, which includes payroll and tax filing, HR management tools, time and attendance software, recruiting, and benefits administration. It provides technology-enabled services such as AsureMarketplace, facilitating automated data exchange with third-party providers; HR compliance services; AsurePay, a payroll card solution; and insurance brokerage services for benefits management. The company also offers payroll processing and compliance; offers payroll calculation and processing services, including wage and overtime calculations, garnishments, direct deposit processing, and related payroll administration; HR compliance and workforce management; time and attendance solutions; applicant tracking and recruiting tools; insurance brokerage and benefits administration, retirement plan administration; tax management solutions; payroll tax processing platforms; outsourced payroll tax services; and treasury and funds management services. The company delivers its products directly and through a national network of reseller partners and referral partners. Asure Software, Inc. was formerly known as Forgent Networks Inc. and changed its name to Asure Software, Inc. in September 2007. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 265.29M
Enterprise Value 314.57M Income -13.13M Sales 140.54M
Book/sh 7.04 Cash/sh 0.89 Dividend Yield
Payout 0.00% Employees 627 IPO
P/E Forward P/E 8.79 PEG
P/S 1.89 P/B 1.33 P/C
EV/EBITDA 17.45 EV/Sales 2.24 Quick Ratio 0.16
Current Ratio 1.07 Debt/Eq 37.82 LT Debt/Eq
EPS (ttm) -0.48 EPS next Y 1.06 EPS Growth
Revenue Growth 27.70% Earnings 2026-04-30 ROA -1.09%
ROE -6.64% ROIC Gross Margin 67.51%
Oper. Margin 4.47% Profit Margin -9.34% Shs Outstand 28.37M
Shs Float 26.10M Short Float 5.58% Short Ratio 13.62
Short Interest 52W High 11.48 52W Low 6.80
Beta 0.47 Avg Volume 115.73K Volume 115.46K
Target Price $13.38 Recom Strong_buy Prev Close $9.34
Price $9.35 Change 0.11%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$13.38
Mean price target
2. Current target
$9.35
Latest analyst target
3. DCF / Fair value
$-0.41
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.35
Low
$11.00
High
$15.00
Mean
$13.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-20 main Barrington Research Outperform → Outperform $15
2025-12-09 main Barrington Research Outperform → Outperform $15
2025-11-03 main Barrington Research Outperform → Outperform $15
2025-10-23 main Barrington Research Outperform → Outperform $15
2025-09-23 main Barrington Research Outperform → Outperform $15
2025-08-04 main Barrington Research Outperform → Outperform $15
2025-08-01 main Needham Buy → Buy $15
2025-07-22 main Barrington Research Outperform → Outperform $17
2025-07-02 main Barrington Research Outperform → Outperform $17
2025-07-02 reit Needham Buy → Buy $20
2025-05-27 main Barrington Research Outperform → Outperform $17
2025-05-05 reit Needham Buy → Buy $20
2025-05-02 main Barrington Research Outperform → Outperform $17
2025-05-02 reit Needham Buy → Buy $20
2025-04-28 main Barrington Research Outperform → Outperform $17
2025-03-07 reit Stephens & Co. Overweight → Overweight $13
2025-03-07 main Barrington Research Outperform → Outperform $17
2025-03-07 reit Needham Buy → Buy $20
2025-01-15 reit Needham Buy → Buy $20
2025-01-15 reit Stephens & Co. Overweight → Overweight $13
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 120000 Stock Award(Grant) at price 0.00 per share. GOEPEL PATRICK FRANCIS Chief Executive Officer 2026-02-27 00:00:00 D
1 84000 Stock Award(Grant) at price 0.00 per share. GOLDSTEIN EYAL Officer 2026-02-27 00:00:00 D
2 60000 Stock Award(Grant) at price 0.00 per share. PENCE JOHN F Chief Financial Officer 2026-02-27 00:00:00 D
3 1932 15186 Conversion of Exercise of derivative security at price 7.86 per share. OBERWAGER BRADFORD SCOVILL Director 2026-02-03 00:00:00 D
4 100000 Stock Award(Grant) at price 0.00 per share. GOEPEL PATRICK FRANCIS Chief Executive Officer 2025-12-31 00:00:00 D
5 56000 Stock Award(Grant) at price 0.00 per share. GOLDSTEIN EYAL Officer 2025-12-31 00:00:00 D
6 40000 Stock Award(Grant) at price 0.00 per share. PENCE JOHN F Chief Financial Officer 2025-12-31 00:00:00 D
7 75000 521250 Conversion of Exercise of derivative security at price 6.95 per share. PENCE JOHN F Chief Financial Officer 2025-11-10 00:00:00 D
8 5250 42840 Purchase at price 8.16 per share. GOEPEL PATRICK FRANCIS Chief Executive Officer 2025-08-06 00:00:00 D
9 25000 207500 Purchase at price 8.30 per share. DREW WILLIAM CARL Director 2025-08-05 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.00-318.57K0.00
TaxRateForCalcs0.210.210.210.21
NormalizedEBITDA20.58M13.71M18.67M10.49M
TotalUnusualItems0.00-1.52M0.0018.84M
TotalUnusualItemsExcludingGoodwill0.00-1.52M0.0018.84M
NetIncomeFromContinuingOperationNetMinorityInterest-13.13M-11.77M-9.21M-14.47M
ReconciledDepreciation28.00M23.53M20.62M20.41M
ReconciledCostOfRevenue35.95M30.38M26.55M26.39M
EBITDA20.58M13.71M17.15M10.49M
EBIT-7.42M-9.82M-3.47M-9.92M
NetInterestIncome-4.19M-111.00K-4.30M-4.44M
InterestExpense5.06M1.02M5.64M4.44M
InterestIncome869.00K913.00K1.34M
NormalizedIncome-13.13M-11.77M-8.02M-14.47M
NetIncomeFromContinuingAndDiscontinuedOperation-13.13M-11.77M-9.21M-14.47M
TotalExpenses148.95M130.53M122.08M107.14M
TotalOperatingIncomeAsReported-8.41M-10.74M-3.00M-11.31M
DilutedAverageShares26.05M22.14M20.12M19.51M
BasicAverageShares26.05M22.14M20.12M19.31M
DilutedEPS-0.45-0.42-0.720.16
BasicEPS-0.45-0.42-0.720.17
DilutedNIAvailtoComStockholders-13.13M-11.77M-9.21M-14.47M
NetIncomeCommonStockholders-13.13M-11.77M-9.21M-14.47M
NetIncome-13.13M-11.77M-9.21M-14.47M
NetIncomeIncludingNoncontrollingInterests-13.13M-11.77M-9.21M-14.47M
NetIncomeContinuousOperations-13.13M-11.77M-9.21M-14.47M
TaxProvision652.00K933.00K109.00K112.00K
PretaxIncome-12.47M-10.84M-9.11M-14.35M
OtherIncomeExpense121.00K8.00K-1.81M1.39M
OtherNonOperatingIncomeExpenses121.00K8.00K-292.00K1.39M
SpecialIncomeCharges0.00-1.52M0.0018.84M
OtherSpecialCharges1.52M-18.84M
NetNonOperatingInterestIncomeExpense-4.19M-111.00K-4.30M-4.44M
InterestExpenseNonOperating5.06M1.02M5.64M4.44M
InterestIncomeNonOperating869.00K913.00K1.34M
OperatingIncome-8.41M-10.74M-3.00M-11.31M
OperatingExpense103.28M92.84M88.54M73.82M
DepreciationAmortizationDepletionIncomeStatement18.28M16.22M13.62M13.49M
DepreciationAndAmortizationInIncomeStatement18.28M16.22M13.62M13.49M
Amortization18.28M16.22M13.62M13.49M
AmortizationOfIntangiblesIncomeStatement18.28M16.22M13.62M13.49M
ResearchAndDevelopment5.60M7.81M6.85M6.15M
SellingGeneralAndAdministration79.40M68.81M68.07M54.18M
SellingAndMarketingExpense33.57M28.32M28.73M20.26M
GeneralAndAdministrativeExpense45.83M40.50M39.33M33.92M
OtherGandA45.83M40.50M39.33M33.92M
GrossProfit94.87M82.11M85.54M62.51M
CostOfRevenue45.67M37.69M33.55M33.32M
TotalRevenue140.54M119.79M119.08M95.83M
OperatingRevenue140.54M119.79M119.08M95.83M
Line Item2023-12-312022-12-312021-12-31
TreasurySharesNumber384.00K384.00K384.00K
OrdinarySharesNumber28.08M26.67M25.00M20.24M
ShareIssued28.08M26.67M25.38M20.63M
NetDebt42.38M17.89M21.60M
TotalDebt74.80M17.73M10.44M43.22M
TangibleBookValue-5.87M33.48M43.56M-7.54M
InvestedCapital265.42M210.03M195.96M179.97M
WorkingCapital18.65M13.64M25.88M8.09M
NetTangibleAssets-5.87M33.48M43.56M-7.54M
CapitalLeaseObligations7.18M5.02M6.13M8.32M
CommonStockEquity197.80M197.31M191.66M145.07M
TotalCapitalization261.08M203.02M195.94M175.86M
TotalEquityGrossMinorityInterest197.80M197.31M191.66M145.07M
StockholdersEquity197.80M197.31M191.66M145.07M
GainsLossesNotAffectingRetainedEarnings435.00K-575.00K-1.11M-2.48M
OtherEquityAdjustments435.00K-575.00K-1.11M-2.48M
TreasuryStock0.000.005.02M5.02M
RetainedEarnings-320.35M-307.23M-290.44M-281.23M
AdditionalPaidInCapital517.43M504.85M487.97M433.59M
CapitalStock281.00K267.00K254.00K206.00K
CommonStock281.00K267.00K254.00K206.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest333.62M239.32M252.21M274.84M
TotalNonCurrentLiabilitiesNetMinorityInterest73.90M15.69M10.87M39.66M
OtherNonCurrentLiabilities224.00K358.00K209.00K114.00K
NonCurrentDeferredLiabilities5.17M6.04M1.74M2.29M
NonCurrentDeferredRevenue1.91M3.43M16.00K788.00K
NonCurrentDeferredTaxesLiabilities3.26M2.61M1.73M1.50M
LongTermDebtAndCapitalLeaseObligation68.50M9.29M8.92M37.25M
LongTermCapitalLeaseObligation5.22M3.58M4.64M6.46M
LongTermDebt63.28M5.71M4.28M30.80M
CurrentLiabilities259.72M223.64M241.34M235.18M
OtherCurrentLiabilities228.48M194.38M220.02M209.04M
CurrentDeferredLiabilities11.62M8.36M6.85M8.46M
CurrentDeferredRevenue11.62M8.36M6.85M8.46M
CurrentDebtAndCapitalLeaseObligation6.30M8.45M1.52M5.97M
CurrentCapitalLeaseObligation1.96M1.44M1.49M1.86M
CurrentDebt4.34M7.01M27.00K4.11M
OtherCurrentBorrowings4.34M7.01M27.00K4.11M
PensionandOtherPostRetirementBenefitPlansCurrent4.72M4.49M6.52M5.79M
PayablesAndAccruedExpenses8.60M7.96M6.43M5.92M
CurrentAccruedExpenses6.42M6.60M3.86M3.73M
Payables2.17M1.36M2.57M2.19M
AccountsPayable2.17M1.36M2.57M2.19M
TotalAssets531.42M436.64M443.87M419.91M
TotalNonCurrentAssets253.05M199.36M176.65M176.63M
OtherNonCurrentAssets15.54M11.81M9.05M5.52M
GoodwillAndOtherIntangibleAssets203.67M163.84M148.09M152.60M
OtherIntangibleAssets87.91M69.11M62.08M66.59M
Goodwill115.76M94.72M86.01M86.01M
NetPPE33.84M23.71M19.51M18.50M
AccumulatedDepreciation-32.12M-25.57M-24.00M-19.48M
GrossPPE65.96M49.28M43.51M37.98M
Leases2.91M2.60M2.52M1.88M
OtherProperties6.03M4.04M4.99M7.07M
MachineryFurnitureEquipment57.02M42.64M36.00M29.04M
Properties0.000.000.000.00
CurrentAssets278.37M237.28M267.22M243.28M
OtherCurrentAssets6.33M4.89M3.47M10.30M
RestrictedCash228.11M192.62M219.07M203.59M
PrepaidAssets13.47M
Inventory2.83M195.00K155.00K251.00K
Receivables15.86M18.15M14.20M12.12M
AccountsReceivable15.86M18.15M14.20M12.12M
AllowanceForDoubtfulAccountsReceivable-7.21M-6.33M-4.79M-3.25M
GrossAccountsReceivable23.07M24.48M18.99M15.37M
CashCashEquivalentsAndShortTermInvestments25.24M21.43M30.32M17.01M
CashAndCashEquivalents25.24M21.43M30.32M17.01M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-7.97M-6.85M2.64M4.84M
RepaymentOfDebt-7.22M-420.00K-35.63M-1.69M
IssuanceOfDebt57.98M5.00M0.000.00
IssuanceOfCapitalStock1.34M1.37M46.80M497.00K
CapitalExpenditure-30.19M-16.23M-16.26M-8.84M
InterestPaidSupplementalData3.29M0.003.14M3.40M
IncomeTaxPaidSupplementalData0.0018.00K432.00K233.00K
EndCashPosition164.70M145.71M177.62M164.04M
BeginningCashPosition145.71M177.62M164.04M198.74M
ChangesInCash18.99M-31.91M13.58M-34.70M
FinancingCashFlow83.45M-22.04M24.20M-12.38M
CashFlowFromContinuingFinancingActivities83.45M-22.04M24.20M-12.38M
NetOtherFinancingCharges31.36M-27.99M13.03M-11.19M
NetCommonStockIssuance1.34M1.37M46.80M497.00K
CommonStockIssuance1.34M1.37M46.80M497.00K
NetIssuancePaymentsOfDebt50.76M4.58M-35.63M-1.69M
NetLongTermDebtIssuance50.76M4.58M-35.63M-1.69M
LongTermDebtPayments-7.22M-420.00K-35.63M-1.69M
LongTermDebtIssuance57.98M5.00M0.000.00
InvestingCashFlow-86.68M-19.26M-29.52M-36.00M
CashFlowFromContinuingInvestingActivities-86.68M-19.26M-29.52M-36.00M
NetInvestmentPurchaseAndSale-18.99M4.88M-13.26M-27.16M
SaleOfInvestment25.62M20.52M14.38M10.07M
PurchaseOfInvestment-44.61M-15.64M-27.65M-37.23M
NetBusinessPurchaseAndSale-37.50M-7.90M
PurchaseOfBusiness-37.50M-7.90M
NetIntangiblesPurchaseAndSale-15.67M-5.36M-7.65M-2.29M
PurchaseOfIntangibles-15.67M-5.36M-7.65M-2.29M
NetPPEPurchaseAndSale-787.00K-692.00K-1.58M-2.32M
PurchaseOfPPE-787.00K-692.00K-1.58M-2.32M
CapitalExpenditureReported-13.73M-10.19M-7.03M-4.23M
OperatingCashFlow22.22M9.39M18.90M13.67M
CashFlowFromContinuingOperatingActivities22.22M9.39M18.90M13.67M
ChangeInWorkingCapital-3.95M-7.78M-1.42M5.26M
ChangeInOtherWorkingCapital-1.75M2.01M-2.38M5.46M
ChangeInOtherCurrentLiabilities-1.66M-1.55M-1.12M2.02M
ChangeInOtherCurrentAssets0.00546.00K-3.02M-1.37M
ChangeInPayablesAndAccruedExpense-3.31M-2.31M463.00K5.44M
ChangeInAccruedExpense-3.65M-1.10M87.00K3.83M
ChangeInPayable335.00K-1.21M376.00K1.61M
ChangeInAccountPayable335.00K-1.21M376.00K1.61M
ChangeInPrepaidAssets-1.17M-1.89M5.10M2.99M
ChangeInInventory750.00K-41.00K97.00K-14.00K
ChangeInReceivables3.19M-4.00M-4.13M-7.62M
ChangesInAccountReceivables3.19M-4.00M-4.13M-7.62M
OtherNonCashItems5.05M1.02M2.47M-509.00K
StockBasedCompensation7.74M6.44M5.43M3.18M
ProvisionandWriteOffofAssets1.12M46.00K2.05M803.00K
AssetImpairmentCharge18.00K0.00
AmortizationOfSecurities-398.00K-377.00K-119.00K280.00K
DeferredTax652.00K884.00K225.00K-92.00K
DeferredIncomeTax652.00K884.00K225.00K-92.00K
DepreciationAmortizationDepletion28.00M23.53M20.62M20.41M
DepreciationAndAmortization28.00M23.53M20.62M20.41M
Depreciation28.00M23.53M20.62M20.41M
OperatingGainsLosses-2.88M-2.61M-1.14M-1.20M
GainLossOnInvestmentSecurities-2.95M-2.61M-2.26M-1.22M
GainLossOnSaleOfPPE-32.00K
NetIncomeFromContinuingOperations-13.13M-11.77M-9.21M-14.47M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ASUR
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status