ASUR Q2 2018 Earnings — Asure Software, Inc. Revenue & Financial Results | Market Cap Arena

ASURAsure Software, Inc.

$265M

Q2 2018 Earnings

Technology Software - Application

Income Statement

Revenue

$22M+69.0% YoY

Gross Profit

$15M66.8% margin

Operating Income

-$638,000-2.9% margin

Net Income

-$4M-17.3% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+12.8%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$329,000

Balance Sheet

Total Assets

$288M

Total Liabilities

$188M

Stockholders' Equity

$100M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$13M	+69.0%
Gross Profit	$15M	$10M	+44.7%
Operating Income	-$638,000	-$608,000	-4.9%
Net Income	-$4M	-$2M	-105.1%

Revenue Segments

Cloud Revenue

$16M75%

Professional Services Revenue

$2M11%

Maintenance Revenue

$2M7%

Hardware Revenue

$1M7%