Asure Software Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q