ASUR Q1 2018 Earnings — Asure Software, Inc. Revenue & Financial Results | Market Cap Arena

ASURAsure Software, Inc.

$265M

Q1 2018 Earnings

Technology Software - Application

Income Statement

Revenue

$19M+80.0% YoY

Gross Profit

$14M71.2% margin

Operating Income

$18,0000.1% margin

Net Income

-$2M-10.0% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+26.1%

Cash Flow

Operating Cash Flow

-$896,000

Free Cash Flow

-$2M

Stock-Based Comp.

$194,000

Balance Sheet

Total Assets

$272M

Total Liabilities

$207M

Stockholders' Equity

$65M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$11M	+80.0%
Gross Profit	$14M	$8M	+65.8%
Operating Income	$18,000	-$370,000	+104.9%
Net Income	-$2M	-$1M	-81.8%

Revenue Segments

Cloud Revenue

$16M85%

Maintenance Revenue

$1M6%

Professional Services Revenue

$975,0005%

Hardware Revenue

$719,0004%