Loading...
Asure Q1 2025 Earnings Report
Asure Software, Inc. reported its financial results for the first quarter ended March 31, 2025, showing a 10% increase in total revenue year-over-year and strong recurring revenue growth.
Key Takeaways
Asure Software, Inc. announced a strong start to 2025 with first-quarter total revenues of $34.9 million, a 10% increase year-over-year. Recurring revenue grew by 10% to $33.2 million. Despite a net loss of $2.4 million, the company saw an increase in Adjusted EBITDA to $7.3 million and a significant rise in gross profit to $24.6 million.
Total revenue for Q1 2025 was $34.9 million, marking a 10% increase year-over-year.
Recurring revenue reached $33.2 million, up from $30.3 million in the prior year's first quarter.
Adjusted EBITDA for the quarter was $7.3 million, an increase from $6.8 million in the prior year.
Gross profit increased to $24.6 million from $22.6 million in the prior year's first quarter.
Revenue by Segment
Forward Guidance
Asure Software, Inc. provided guidance for the second quarter and full year 2025, excluding any future potential acquisitions. The company expects continued growth driven by its broadened product suite and high recurring revenue backlog.
Positive Outlook
- Q2 2025 revenue guidance is set between $30.0 million and $32.0 million.
- FY 2025 revenue guidance is set between $134.0 million and $138.0 million.
- Q2 2025 Adjusted EBITDA guidance is between $5.0 million and $6.0 million.
- FY 2025 Adjusted EBITDA margin is projected to be between 23% and 24%.
- Management believes investments in the business will drive greater adoption of the broadened product suite.
Challenges Ahead
- Guidance excludes any contribution from future potential acquisitions.
- Management is unable to predict the nature and materiality of non-recurring expenses for GAAP reconciliation.
- Projections are subject to known and unknown risks and uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...