ASUR · Nasdaq · Technology
Asure Software, Inc. (ASUR) — Rank #338 by gross profitability (GP/assets 0.20) · ROE -6.6% · Piotroski F-Score N/A.
As-of 2026-10-30 · CIK 0000884144 · all metrics point-in-time as of the filing date.
About
Asure Software, Inc. engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States.
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It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build a productive workforce to help them stay compliant and allocate resources to grow their business. The company offers a comprehensive suite of HCM tools through its Asure HCM platform, which includes payroll and tax filing, HR management tools, time and attendance software, recruiting, and benefits administration. It provides technology-enabled services such as AsureMarketplace, facilitating automated data exchange with third-party providers; HR compliance services; AsurePay, a payroll card solution; and insurance brokerage services for benefits management. The company also offers payroll processing and compliance; offers payroll calculation and processing services, including wage and overtime calculations, garnishments, direct deposit processing, and related payroll administration; HR compliance and workforce management; time and attendance solutions; applicant tracking and recruiting tools; insurance brokerage and benefits administration, retirement plan administration; tax management solutions; payroll tax processing platforms; outsourced payroll tax services; and treasury and funds management services. The company delivers its products directly and through a national network of reseller partners and referral partners. Asure Software, Inc. was formerly known as Forgent Networks Inc. and changed its name to Asure Software, Inc. in September 2007. Asure Software, Inc.
was incorporated in 1985 and is headquartered in Austin, Texas.
- Industry
- Software - Application
- Sector
- Technology
- State
- DE
- Filer Category
- Accelerated filer
- Fiscal Year End
- December 31
- Website
- asuresoftware.com
Company Snapshot
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
627
Industry
Software - Application
Exchange
Nasdaq
3/3
Flags passed
ASUR passes 3/3 quality flags
- PASSFCF not negative from investment
- PASSFree cash flow intact
- PASSPasses safety gate
No data Gross margin · Dilution · Disclosure · Revenue · Operating margin · Balance sheet · Competitive position · SBC and margin · Valuation — not counted as a pass.
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
Safety
1/1 passCash Flow
2/2 passGrowth
Profitability
Does it make money well?
No warning flags · GP/assets 0.20
Gross profitability (GP / assets)
0.20
Primary signal (Novy-Marx).
7th of 8 SIC 7373 peers
Return on equity
-6.6%
Gross margin
—
Revenue growth (YoY)
—
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Cash Flow Health
Is the cash real?
No warning flags · FCF 263% above net income
Free cash flow
$21.43M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
263.3%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
—
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net debt $28.38M
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.42
7th of 8 SIC 7373 peers (best = lowest)
Current ratio
1.06×
8th of 8 SIC 7373 peers
Quick ratio
0.26×
Net cash
-$28.38M
Cash & equivalents minus total debt.
Piotroski F-Score
N/A
Only 0/9 components determinable.
Valuation
Is the price reasonable?
No data
Capital allocation quality
Composite score
2.7 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports