OverviewSuggest Edit

Asure Software is a company developing a human capital management platform. It provides businesses with time and attendance tracking, payroll, tax, and benefits administration, human resources and talent management software solutions.

TypePublic
Founded1985
HQAustin, TX, US
Websiteasuresoftware.com
Employee Ratings2.7
Overall CultureC+

Latest Updates

Employees (est.) (May 2020)430(+5%)
Job Openings77
Revenue (FY, 2020)$65.5 M(-10%)
Share Price (Jun 2021)$8.3
Cybersecurity ratingBMore

Key People/Management at Asure Software

Pat Goepel

Pat Goepel

Chairman & Chief Executive Officer
John Pence

John Pence

Chief Financial Officer
Eyal Goldstein

Eyal Goldstein

President & Chief Revenue Officer
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Asure Software Office Locations

Asure Software has offices in Austin, Bellevue, Burlington, Santa Ana and in 9 other locations
Austin, TX, US (HQ)
3700 N Capital of Texas Hwy #350
Bellevue, WA, US
11400 SE 6th St STE 125
Burlington, VT, US
One Burlington Square, 95 Pine St #300
Santa Ana, CA, US
3631 S Harbor Blvd #100
Tampa, FL, US
5100 W Kennedy Blvd #300
Winston-Salem, NC, US
635 W 4th St #201
Show all (13)

Asure Software Financials and Metrics

Asure Software Revenue

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View revenue for all periods
Asure Software's revenue was reported to be $65.51 m in FY, 2020
USD

Revenue (Q1, 2021)

19.8m

Gross profit (Q1, 2021)

12.5m

Gross profit margin (Q1, 2021), %

63.1%

Net income (Q1, 2021)

(1.6m)

EBIT (Q1, 2021)

(1.3m)

Market capitalization (11-Jun-2021)

157.1m

Closing stock price (11-Jun-2021)

8.3

Cash (31-Mar-2021)

24.3m

EV

162.5m
Asure Software's current market capitalization is $157.1 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

54.4m89.0m73.2m65.5m

Revenue growth, %

53%63%(18%)

Cost of goods sold

12.6m30.8m29.8m27.4m

Gross profit

41.8m58.1m43.3m38.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

19.3m21.8m23.5m26.8m24.8m24.6m18.9m14.1m16.0m19.8m

Cost of goods sold

5.6m7.2m8.5m8.7m9.9m9.1m7.8m6.0m6.9m7.3m

Gross profit

13.7m14.5m15.0m18.1m15.0m15.5m11.1m8.1m9.1m12.5m

Gross profit Margin, %

71%67%64%67%60%63%59%57%57%63%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

27.8m15.4m28.8m28.6m

Accounts Receivable

13.4m16.0m4.8m4.9m

Prepaid Expenses

3.3m

Inventories

509.0k3.1m656.0k449.0k
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

25.8m46.8m19.2m16.6m14.7m12.6m20.8m29.3m12.9m24.3m

Accounts Receivable

13.9m18.1m18.8m14.4m15.6m15.2m4.9m5.5m5.2m3.9m

Prepaid Expenses

3.4m

Inventories

719.0k1.9m1.3m4.1m5.2m5.1m572.0k550.0k2.6m349.0k
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(5.7m)(7.5m)30.0m(16.3m)

Depreciation and Amortization

6.1m12.9m18.2m16.2m

Inventories

(17.0k)(2.9m)(1.6m)11.0k

Accounts Payable

(254.0k)1.6m(3.2m)(448.0k)
Quarterly
USDFY, 2017

Revenue/Employee

172.8k

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

3.2 x
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Asure Software Operating Metrics

FY, 2014FY, 2015FY, 2016Sep, 2017FY, 2017FY, 2018FY, 2019

Direct Customers

6 k6 k7 k8 k10 k10 k16 k

Countries

8080808080

Indirect Customers

70 k48 k

Product Lines

222234
Show all operating metrics

Asure Software Acquisitions / Subsidiaries

Company NameDateDeal Size
Payroll MaxxJanuary 07, 2019
Pay Systems of America, Inc.January 02, 2018
Savers Administrative ServicesJanuary 02, 2018
TelePayrollJanuary 02, 2018
Associated Data ServicesOctober 02, 2017
Compass HRMMay 26, 2017
iSystemsMay 26, 2017
Corporate Payroll Inc., (CPI-HR)January 03, 2017
Payroll Specialties NWJanuary 03, 2017
Personnel Management SystemsJanuary 03, 2017
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Asure Software Revenue Breakdown

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Asure Software revenue breakdown by business segment: 95.8% from Recurring and 4.2% from Other

Asure Software Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Asure Software Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Asure Software Online and Social Media Presence

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Asure Software Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    F

    27/100

  • Compensation

    B

    74/100

Learn more on Comparably

Asure Software News and Updates

Asure Software Announces Timing of First Quarter 2021 Financial Results

AUSTIN, Texas, April 26, 2021 (GLOBE NEWSWIRE) -- Asure (NASDAQ:ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, today announced that its financial results for the first quarter of 2021 will be released after the market close on Monday, May 10, 2021. Asur…

Asure Software Announces Timing of Fourth Quarter 2020 Financial Results

AUSTIN, Texas, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Asure (NASDAQ:ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, today announced that its financial results for the fourth quarter of 2020 will be released after the market close on Thursday, March 11, 2021. …

Asure Announces Three Key Leadership Additions Adding Further Strength to Executive Team

Asure announces a new leadership structure, including three appointments to the executive team to further its corporate vision and drive growth.

Asure Software, Inc. Announces Pricing of Public Offering of Common Stock

AUSTIN, Texas, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Asure Software, Inc. (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, today announced the pricing of an underwritten public offering of its newly issued shares of common stock. The offering consist…

Asure Software Announces Timing of Second Quarter 2020 Financial Results

AUSTIN, Texas, July 20, 2020 (GLOBE NEWSWIRE) -- Asure (NASDAQ:ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, today announced that its financial results for the second quarter of 2020 will be released after the market close on Monday, August 10, 2020. A…

Asure Software added to membership of Russell 3000® Index

AUSTIN, Texas, June 08, 2020 (GLOBE NEWSWIRE) -- Asure Software, Inc. (ASUR) (NASDAQ:ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, has been added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 8, 2020, …
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Asure Software Blogs

Asure Announces First Quarter 2021 Results

AUSTIN, Texas , May 10, 2021 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, reported results for the first quarter ended March 31, 2021 . “Although the COVID-19 pandemic continues to impact our top line, our focus on

Asure Announces Fourth Quarter and Full Year 2020 Results

AUSTIN, Texas , March 11, 2021 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, reported results for the fourth quarter and full year ended December 31, 2020 . “Our increased focus on small business is paying off as new

Asure Software, Inc. Announces Closing of Public Offering of Common Stock

Asure Software, Inc. Announces Closing of Public Offering of Common Stock Content Import Tue, 12/22/2020 - 16:01 Asure Software, Inc. Announces Closing of Public Offering of Common Stock Dec 22, 2020 at 4:01 PM EST This release is a backfill from a News Wire …

Asure Software, Inc. Announces Public Offering of Common Stock

Asure Software, Inc. Announces Public Offering of Common Stock Content Import Thu, 12/17/2020 - 16:01 Asure Software, Inc. Announces Public Offering of Common Stock Dec 17, 2020 at 4:01 PM EST This release is a backfill from a News Wire General …

Asure Announces Third Quarter 2020 Results

AUSTIN, Texas , Nov. 09, 2020 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, reported results for the third quarter ended September 30, 2020 . “Small-business new bookings grew more than 100% year-over-year in the third

Asure Software Announces Timing of Third Quarter 2020 Financial Results

AUSTIN, Texas , Oct. 19, 2020 (GLOBE NEWSWIRE) -- Asure (NASDAQ:ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, today announced that its financial results for the third quarter of 2020 will be released after the market close on Monday, November 9, 2020 .
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Asure Software Frequently Asked Questions

  • When was Asure Software founded?

    Asure Software was founded in 1985.

  • Who are Asure Software key executives?

    Asure Software's key executives are Pat Goepel, John Pence and Eyal Goldstein.

  • How many employees does Asure Software have?

    Asure Software has 430 employees.

  • What is Asure Software revenue?

    Latest Asure Software annual revenue is $65.5 m.

  • What is Asure Software revenue per employee?

    Latest Asure Software revenue per employee is $152.3 k.

  • Who are Asure Software competitors?

    Competitors of Asure Software include OnShift, Frontier Software and WorkForce Software.

  • Where is Asure Software headquarters?

    Asure Software headquarters is located at 3700 N Capital of Texas Hwy #350, Austin.

  • Where are Asure Software offices?

    Asure Software has offices in Austin, Bellevue, Burlington, Santa Ana and in 9 other locations.

  • How many offices does Asure Software have?

    Asure Software has 13 offices.