Asure Software

Asure Software offers the only HCM platform empowering clients with measurable insight into the productivity of their employees. HCM is an all-encompassing tool providing businesses with payroll and tax solutions, benefits administration, human resources, talent management, and ACA healthcare reform software solutions.
Asure SmartMove allows companies to efficiently manage people, space, and asset data—with just one system. SmartMove's user-friendly, up-to-date metrics system and interactive floor plans help you manage day-to-day logistics quickly and easily. SmartMove is accessible across all devices from computers to tablets.

Company Growth (employees)
Type
Public
HQ
Austin, US
Founded
1994
Size (employees)
132 (est)
Asure Software was founded in 1994 and is headquartered in Austin, US

Key People at Asure Software

Pat Goepel

Pat Goepel

CEO & Board Of Directors

Asure Software Office Locations

Asure Software has offices in Austin, Tampa, Henderson, Vernon Hills and in 2 other locations
Austin, US (HQ)
110 Wild Basin Rd S
Surrey, GB
31 Church Rd
London, GB
Sutherland House 3 Lloyd's Ave
Vernon Hills, US
945 Lakeview Pkwy
Henderson, US
24a 8905 S Pecos Rd
Tampa, US
1501 S Church Ave

Asure Software Data and Metrics

Asure Software Financial Metrics

Asure Software's revenue was reported to be $10.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

10.7 m

Gross profit (Q1, 2017)

8.3 m

Gross profit margin (Q1, 2017), %

77%

Net income (Q1, 2017)

(1.1 m)

EBIT (Q1, 2017)

(370 k)

Market capitalization (21-Jul-2017)

116.8 m

Cash (31-Mar-2017)

2.3 m
Asure Software's current market capitalization is $116.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

25.5 m27.2 m26.9 m35.5 m

Revenue growth, %

7%(1%)32%

Cost of goods sold

6.4 m6.3 m7.3 m8.1 m

Gross profit

19 m20.9 m19.6 m27.4 m

Gross profit Margin, %

75%77%73%77%

R&D expense

2.9 m

General and administrative expense

21 m

Operating expense total

11.8 m13 m12.5 m26.2 m

EBIT

782 k1.6 m(317 k)1.2 m

EBIT margin, %

3%6%(1%)3%

Interest income

49 k1 k22 k10 k

Income tax expense

(117 k)(117 k)(219 k)(189 k)

Net Income

(1.7 m)(262 k)(1.8 m)(972 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

6.5 m7 m6.3 m7.2 m6.7 m6.7 m9.7 m9.4 m10.7 m

Cost of goods sold

1.4 m1.6 m1.7 m1.9 m1.8 m1.7 m2.2 m2 m2.4 m

Gross profit

5.2 m5.4 m4.7 m5.3 m4.9 m5 m7.5 m7.4 m8.3 m

Gross profit Margin, %

79%77%74%74%74%74%77%79%77%

R&D expense

855 k868 k738 k743 k786 k811 k645 k761 k769 k

General and administrative expense

3.5 m3.6 m3.4 m3.6 m3.9 m4.3 m5.5 m5 m7 m

Operating expense total

4.4 m4.4 m4.2 m4.4 m4.7 m5.1 m6.1 m5.8 m7.8 m

EBIT

328 k520 k(12 k)421 k(253 k)(523 k)737 k982 k(370 k)

EBIT margin, %

5%7%(0%)6%(4%)(8%)8%10%(3%)

Interest income

10 k

Income tax expense

(35 k)(63 k)(60 k)(42 k)(43 k)(44 k)(42 k)(47 k)(142 k)

Net Income

15 k161 k(483 k)95 k(574 k)(1.6 m)136 k315 k(1.1 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.9 m320 k1.2 m12.8 m

Accounts Receivable

3.9 m5.3 m4.7 m

Inventories

1.3 m1.3 m1.2 m487 k

Current Assets

9.7 m7.1 m7.8 m45.6 m

PP&E

1.2 m1.5 m2.2 m1.9 m

Goodwill

15 m17.5 m17.4 m26.3 m

Total Assets

35.6 m34.5 m34.2 m85.8 m

Accounts Payable

1.7 m1.5 m2.7 m1.6 m

Total Debt

25.4 m28.8 m25.3 m

Current Liabilities

17.5 m14.4 m16.4 m41.4 m

Non-Current Liabilities

13.9 m15.6 m14.1 m26.2 m

Total Liabilities

31.4 m30 m30.5 m67.6 m

Additional Paid-in Capital

278.2 m278.7 m279.6 m295 m

Retained Earnings

(268.9 m)(269.1 m)(270.9 m)(271.9 m)

Total Equity

4.2 m4.5 m3.7 m18.2 m

Debt to Equity Ratio

6 x6.4 x6.8 x

Debt to Assets Ratio

0.7 x0.8 x0.7 x

Financial Leverage

8.4 x7.7 x9.2 x4.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

2 m1.6 m274 k213 k122 k553 k283 k289 k2.3 m

Inventories

260 k318 k263 k313 k700 k634 k516 k616 k530 k

Current Assets

7.1 m7 m6.6 m7.2 m6.6 m35.2 m32.9 m21.2 m44.3 m

PP&E

1.3 m1.2 m2 m2.2 m2.3 m2.2 m2 m1.8 m1.8 m

Goodwill

15 m18.4 m17.4 m17.4 m17.4 m26.6 m26.3 m26.3 m31.5 m

Total Assets

31.9 m34.8 m34.1 m34.7 m33.6 m78.7 m74.8 m62.1 m95.1 m

Accounts Payable

1.4 m1.7 m2.2 m2.1 m2.1 m1.9 m2.4 m2.5 m2.3 m

Current Liabilities

13.1 m13.3 m14.6 m14.6 m14.9 m48.4 m43.8 m32 m48 m

Non-Current Liabilities

15.1 m17.2 m15.5 m15.4 m14.3 m28 m28 m26.6 m28.9 m

Additional Paid-in Capital

278.3 m278.6 m278.7 m279.3 m279.6 m279.7 m280.3 m280.4 m296 m

Retained Earnings

(269.4 m)(269.2 m)(269.6 m)(269.5 m)(270.1 m)(272.5 m)(272.3 m)(272 m)(272.9 m)

Total Equity

4.7 m4.4 m2.2 m3 m3.5 m18.2 m

Financial Leverage

7.3 x7.6 x35.2 x24.5 x17.8 x5.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.7 m)(262 k)(1.8 m)(972 k)

Depreciation and Amortization

2.9 m2.8 m3 m2.3 m

Accounts Receivable

(899 k)(1.4 m)524 k

Inventories

177 k(93 k)(615 k)297 k

Accounts Payable

(1 m)(136 k)1.1 m(1.1 m)

Cash From Operating Activities

2 m2.7 m3.4 m(2 m)

Purchases of PP&E

(436 k)

Cash From Investing Activities

(435 k)(4.2 m)(1.4 m)(18.8 m)

Long-term Borrowings

(6.9 m)(19.3 m)(6.8 m)(7.2 m)

Cash From Financing Activities

170 k(2.1 m)(1.1 m)32.3 m

Interest Paid

1.5 m941 k995 k1.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

15 k161 k(483 k)95 k(574 k)(1.6 m)136 k315 k(1.1 m)

Depreciation and Amortization

497 k494 k505 k504 k505 k377 k626 k625 k847 k

Inventories

260 k318 k263 k313 k700 k634 k516 k616 k530 k

Accounts Payable

1.4 m1.7 m2.2 m2.1 m2.1 m1.9 m2.4 m2.5 m2.3 m
USDY, 2017

Revenue/Employee

81.3 k

Financial Leverage

5.2 x

Asure Software Operating Metrics

Asure Software's Enterprise Customers was reported to be 7 k in FY, 2016
FY, 2016

Countries

80

Enterprise Customers

7 k

Asure Software Market Value History

Asure Software Job Categories

Asure Software Online and Social Media Presence

Asure Software News and Updates

Asure Software Company Life and Culture

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