Asure Software Inc Common Stock (ASUR)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business and the numbers. Asure sells cloud HCM software to small and midsize firms. It has 627 employees and some potential recurring revenue, but I do not see a wide moat. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $37.1M and net income was -$4.4M, diluted EPS -$0.15. That compares with fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $30.1M and net income was -$6.1M, diluted EPS -$0.22. So sales are rising and losses are narrowing year over year. But fiscal Q1 2026, the quarter ended 2026-03-31, had net income of $625,000, while fiscal Q3 2025, the quarter ended 2025-09-30, lost $5.4M, so profitability is inconsistent. Filed annual figures show net losses of $13.1M in FY2025 and $11.8M in FY2024, with FY2023 revenue of $119.1M and a $9.2M net loss. The company has lost money each of the last four years; the provided Lynch category is 'none' for that reason. Financial health is not reassuring: trailing free cash flow is -$4.7M, FairStock FCF yield is -2.2%, Piotroski F-Score 3/9, Altman Z-Score -0.40, debt/equity 0.38, ROE -4.30%, and ROCE -0.23%. Valuation is awkward: at the 2026-10-13 close of $7.33, FairStock P/B is 1.07, P/E is -24.43, and EV/EBITDA is 9.18. Price is below the 52-week high of $10.20 but above the low of $6.80. Without durable profits or positive cash flow, cheapness is not proven. I would need evidence that recurring revenue converts into owner earnings.

In plain English: Asure Software sells cloud-based human resources, payroll, and compliance software to small and midsize companies. The business is growing sales but still loses money and uses more cash than it brings in, so it looks financially weak. At $7.33 on 2026-10-13, the price is not clearly cheap or expensive based on its accounting value, and the losses make it hard to judge on profits.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer