Asure Software Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	148.44	140.54	119.79	119.08	95.83	76.06
Revenue Growth (YoY)	20.69%	17.32%	0.60%	24.27%	25.98%	16.12%
Cost of Revenue	47.71	45.67	37.69	33.55	33.32	29.5
Gross Profit	100.74	94.87	82.11	85.54	62.51	46.56
Selling, General & Admin	80.63	79.4	68.82	68.07	54.18	43.17
Depreciation & Amortization Expenses	18.95	18.28	16.22	13.62	13.49	10.95
Research & Development	5.23	5.6	7.81	6.85	6.15	5.41
Total Operating Expenses	104.8	103.28	92.84	88.54	73.82	59.53
Operating Income	-4.06	-8.41	-10.74	-3	-11.31	-12.96
Interest Income	0.89	0.87	0.91	1.34	-	-
Interest Expense	6.35	5.06	1.02	5.64	-4.44	-2.04
Other Non-Operating Income (Expense)	-0.07	0.12	0.01	-1.81	1.39	19
Total Non-Operating Income (Expense)	7.17	6.05	1.95	5.17	-3.05	16.96
Pretax Income	3.11	-2.36	-8.79	2.17	-14.35	4
Provision for Income Taxes	0.51	0.65	0.93	0.11	0.11	0.8
Net Income	-10.1	-13.13	-11.77	-9.21	-14.47	3.19
Net Income to Common	-10.1	-13.13	-11.77	-9.21	-14.47	3.19
Shares Outstanding (Basic)	28	27	26	22	20	19
Shares Outstanding (Diluted)	28	27	26	22	20	20
Shares Change (YoY)	5.95%	5.28%	17.69%	10.05%	3.12%	22.62%
EPS (Basic)	-0.36	-0.48	-0.45	-0.42	-0.72	0.17
EPS (Diluted)	-0.36	-0.48	-0.45	-0.42	-0.72	0.16
Shares Outstanding	28.64	28.08	26.67	25	20.24	20.03
Free Cash Flow	22.12	21.43	8.7	17.32	11.36	1.25
Free Cash Flow Growth	3.21%	146.45%	-49.78%	52.47%	812.13%	-9.65%
Free Cash Flow Per Share	0.79	0.78	0.33	0.78	0.56	0.06
Gross Margin	67.86%	67.51%	68.54%	71.83%	65.23%	61.22%
Operating Margin	-2.74%	-5.98%	-8.96%	-2.52%	-11.80%	-17.04%
Profit Margin	1.75%	-2.14%	-8.12%	1.73%	-15.10%	4.20%
FCF Margin	14.90%	15.25%	7.26%	14.54%	11.85%	1.64%
EBITDA	25.11	19.59	12.79	17.62	9.1	4.86
EBITDA Margin	16.91%	13.94%	10.68%	14.79%	9.50%	6.39%
EBIT	-4.06	-8.41	-10.74	-3	-11.31	-12.96
EBIT Margin	-2.74%	-5.98%	-8.96%	-2.52%	-11.80%	-17.04%
Effective Tax Rate	16.25%	-27.60%	-10.61%	5.02%	-0.78%	20.08%

SEC Filings: 10-K · 10-Q