Trade Asure - ASUR CFD

About Asure Software Inc

Asure Software, Inc. is a provider of cloud-based Human Capital Management (HCM) solutions delivered primarily as Software-as-a-Service (SaaS). The Company's HCM suit includes cloud-based Payroll, Tax Services, and Time and Attendance software. The Company offers human services (HR) Services ranging from HR projects to completely outsourcing payroll to HR consulting services. Asure Payroll & Tax is an integrated cloud-based solution that automates parts associated with payroll and taxes from wages, benefits, overtime, and garnishments, to tips, direct deposits and federal, state and local payroll taxes in all United States (U.S) jurisdictions. Its HR solutions provides Services to companies in finding and onboarding employees by recruiting, developing, and retaining key staff. Time and Attendance is cloud based software, which includes mobile time tracking, Biometric time clocks, and facial recognition.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Asure Software Inc revenues increased 16% to $76.1M. Net income totaled $3.2M vs. loss of $16.3M. Revenues reflect Recurring increase of 12% to $71.1M, Revenue Sales of Goods & Services increase from $2.2M to $5M. Net Income reflects General and administrative decrease of 24% to $27.6M (expense), Research and development decrease of 9% to $5.4M (expense).

Equity composition

Common Stock $.01 Par, 5/12, 6.5M auth., 4,635,998 issd.. Insiders control 5.94%. IPO 4/92, 2.4M shs. @ $11.50 by Montgomery Secs. PO 10/95, 3M shs. @ $20 by Piper Jaffray Inc. VTEL Products. 11/08, Name changed from Asure Software. 12/09, Company changed its fiscal year end from July 31 to December 31. 05/12, 3-for-2 Stock split.