Asure Software, Inc.
Rank #357ASUR · Nasdaq · Technology
Asure Software, Inc. (ASUR) — Rank #357 by gross profitability (GP/assets 0.20) · ROE -6.6% · Piotroski F-Score N/A.
As-of 2026-09-15 · 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
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2018-12-31filed 2019-03-19 | 2017-12-31filed 2018-03-16 | 2016-12-31filed 2017-03-20 | 2015-12-31filed 2016-03-30 |
|---|---|---|---|---|
| Assets | ||||
| Cash & equivalents | 15.4 | 27.8 | 12.8 | 1.2 |
| Accounts receivable | 16.0 | 13.4 | 8.1 | 4.7 |
| Inventory | 3.1 | 0.5 | 0.5 | 0.8 |
| Total current assets | 159.9 | 86.6 | 45.6 | 7.8 |
| Property, plant & equipment, net | 8.9 | 5.2 | 1.9 | 2.2 |
| Goodwill | 111.4 | 77.3 | 26.3 | 17.4 |
| Intangible assets (excl. goodwill) | 76.8 | 33.6 | 12.0 | 6.0 |
| Total assets | 361.1 | 203.3 | 85.8 | 34.2 |
| Liabilities | ||||
| Accounts payable | 3.7 | 1.9 | 1.6 | 2.7 |
| Deferred revenue | 123.2 | 13.1 | 9.3 | 10.8 |
| Total current liabilities | 148.5 | 69.6 | 41.4 | 16.4 |
| Total debt | 112.0 | 75.9 | 30.0 | 13.7 |
| Total liabilities | 258.6 | 139.5 | 67.6 | — |
| Equity | ||||
| Retained earnings | (283.6) | (277.6) | (271.9) | (270.9) |
| Total shareholders' equity | 102.5 | 63.8 | 18.2 | 3.7 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?