ASUR Q1 2022 Earnings — Asure Software, Inc. Revenue & Financial Results | Market Cap Arena

ASURAsure Software, Inc.

$272M

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$24M+22.9% YoY

Gross Profit

$15M63.6% margin

Operating Income

-$2M-8.9% margin

Net Income

-$3M-12.4% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+15.3%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$186,000

Stock-Based Comp.

$729,000

Balance Sheet

Total Assets

$450M

Total Liabilities

$295M

Stockholders' Equity

$155M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$20M	+22.9%
Gross Profit	$15M	$12M	+23.8%
Operating Income	-$2M	-$1M	-71.1%
Net Income	-$3M	-$2M	-88.8%

Revenue Segments

RecurringMember

$23M95%

ProfessionalServicesRevenueMember

$1M5%