ASUR Q2 2023 Earnings — Asure Software, Inc. Revenue & Financial Results | Market Cap Arena

ASURAsure Software, Inc.

$272M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$30M+49.9% YoY

Gross Profit

$22M72.4% margin

Operating Income

-$1M-4.8% margin

Net Income

-$4M-12.4% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-8.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$929,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$401M

Total Liabilities

$254M

Stockholders' Equity

$147M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$20M	+49.9%
Gross Profit	$22M	$12M	+79.6%
Operating Income	-$1M	-$6M	+75.2%
Net Income	-$4M	-$6M	+35.8%

Revenue Segments

RecurringMember

$23M75%

ProfessionalServicesRevenueMember

$7M25%