Asure Software NASDAQ: ASUR outlined its growth strategy, product expansion and financial targets during an investor presentation, with management emphasizing cross-selling, reseller acquisitions, enterprise payroll-tax services and managed HR offerings as potential growth drivers.
Asure Software, Inc. reported slightly better Q2 financials than Wall Street anticipated. Reported revenue growth was very good, but underlying organic growth was modest. ASUR's performance is boosted by expensive client acquisitions. ASUR's margins are improving, which is a clear positive. High EBITDA margins still translate quite poorly to free cash flow.
Asure Software, Inc. (ASUR) Q2 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 5 | $43 | $43 | - | - |
Private Capital Private Capital Management | 4.2M | $31.07M | $35.6M | $4.53M | 14.58% |
Joseph Castro Nuveen LLC | 65,338 | $623,434.37 | $546,225.68 | -$77,208.69 | -12.38% |
Bobby Adusumilli SJS Investment Consulting Inc. | 1 | $8.6 | $8.03 | -$0.57 | -6.63% |
Dinan Hu R Squared Ltd | 14,897 | $130,953.94 | $128,114.2 | -$2,839.74 | -2.17% |
| Software Industry | Information Technology Sector | Patrick F. Goepel CEO | NASDAQ (CM) Exchange | 04649U102 CUSIP |
| US Country | 634 Employees | - Last Dividend | 1 May 2012 Last Split | 7 Apr 1992 IPO Date |
Asure Software, Inc. is a leading provider of cloud-based Human Capital Management (HCM) solutions, based in Austin, Texas, since its inception in 1985. The company specializes in delivering a comprehensive suite of tools designed to assist small and medium-sized businesses efficiently manage their workforce, ensure compliance, and optimize resources for growth. Leveraging Software-as-a-Service (SaaS) models, Asure Software is focused on empowering organizations with innovative HR solutions to build a more productive workforce and streamline operations.
Asure Payroll & Tax: This integrated solution is developed to simplify payroll processing and automate the complex regulations surrounding payroll and taxes. It covers various essentials such as wages, benefits, overtime, garnishments, and tips, alongside direct deposits. Moreover, it ensures compliance with the Fair Labor Standards Act and manages federal, state, and local payroll taxes efficiently.
Tax Management Solutions: Aimed at addressing the needs of the payroll service industry, mid-market, and corporate employers, this offering encompasses payroll tax processing software and services. It includes bulk filing and processing support for employee retention tax credits, delivering a comprehensive solution for managing payroll taxes.
HR Compliance and Services: This category features a range of solutions designed to navigate the complexities of human resources.
Time and Attendance: This solution is focused on optimizing labor costs and eliminating time theft, thereby offering strategic gains in the use of labor dollars. It aids in the strategic allocation of workforce resources, contributing significantly to operational efficiency and cost savings.
AsureMarketplace: Enhances the connectivity between Asure's HCM systems and third-party providers. It automates interactions, facilitating a seamless integration ecosystem that expands the capabilities and functionalities of Asure's core HR solutions.