Asure Software, Inc. (ASUR)

Asure Software Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	117.67	119.08	95.83	76.06	65.51	73.15
Revenue Growth (YoY)	12.54%	24.27%	25.98%	16.12%	-10.45%	14.97%
Cost of Revenue	33.93	33.55	33.32	29.5	27.41	29.84
Gross Profit	83.74	85.54	62.51	46.56	38.09	43.31
Selling, General & Admin	68.74	68.07	54.18	43.17	37.48	41.54
Research & Development	6.64	6.85	6.15	5.41	5.96	5.35
Other Operating Expenses	13.77	13.62	13.49	10.95	9.55	46.83
Operating Expenses	89.15	88.54	73.82	59.53	52.98	93.71
Operating Income	-5.4	-3	-11.31	-12.96	-14.89	-50.4
Interest Expense / Income	2.53	4.3	4.44	2.04	1.22	16.01
Other Expense / Income	1.55	1.81	-1.39	-19	-0.14	-72.29
Pretax Income	-9.48	-9.11	-14.35	4	-15.97	5.89
Income Tax	0.38	0.11	0.11	0.8	0.34	-24.11
Net Income	-9.86	-9.21	-14.47	3.19	-16.31	30
Shares Outstanding (Basic)	25	22	20	19	16	16
Shares Outstanding (Diluted)	25	22	20	19	16	16
Shares Change	24.51%	10.05%	4.16%	21.39%	2.57%	10.71%
EPS (Basic)	-0.44	-0.42	-0.72	0.17	-1.03	1.93
EPS (Diluted)	-0.44	-0.42	-0.72	0.17	-1.03	1.93
Free Cash Flow	0.25	10.29	7.13	-28.42	-14.54	-8.96
Free Cash Flow Per Share	0.01	0.47	0.35	-1.47	-0.91	-0.58
Gross Margin	71.17%	71.83%	65.23%	61.22%	58.15%	59.21%
Operating Margin	-4.59%	-2.52%	-11.80%	-17.04%	-22.73%	-68.90%
Profit Margin	-8.38%	-7.74%	-15.10%	4.20%	-24.90%	41.01%
Free Cash Flow Margin	0.21%	8.64%	7.44%	-37.37%	-22.20%	-12.25%
Effective Tax Rate	-	-	-	20.08%	-	-409.35%
EBITDA	13.76	15.81	10.49	23.85	1.42	40.06
EBITDA Margin	11.70%	13.27%	10.95%	31.36%	2.17%	54.76%
Depreciation & Amortization	20.72	20.62	20.41	17.82	16.17	18.17
EBIT	-6.95	-4.81	-9.92	6.03	-14.75	21.9
EBIT Margin	-5.91%	-4.04%	-10.35%	7.93%	-22.52%	29.93%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).