ASUR Q1 2023 Earnings — Asure Software, Inc. Revenue & Financial Results | Market Cap Arena

ASURAsure Software, Inc.

$272M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$33M+35.9% YoY

Gross Profit

$24M73.8% margin

Operating Income

$2M5.9% margin

Net Income

$339,0001.0% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+12.9%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$439M

Total Liabilities

$290M

Stockholders' Equity

$149M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$24M	+35.9%
Gross Profit	$24M	$15M	+57.8%
Operating Income	$2M	-$2M	+190.4%
Net Income	$339,000	-$3M	+111.2%

Revenue Segments

RecurringMember

$28M85%

ProfessionalServicesRevenueMember

$5M15%