Asure Historical Income Statement

ASUR Stock  USD 7.78  0.12  1.52%   
Historical analysis of Asure Software income statement accounts such as Interest Expense of 2.3 M, Selling General Administrative of 26.7 M or Total Revenue of 125 M can show how well Asure Software performed in making a profits. Evaluating Asure Software income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Asure Software's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Asure Software latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Asure Software is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.

About Asure Income Statement Analysis

Asure Software Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Asure Software shareholders. The income statement also shows Asure investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Asure Software Income Statement Chart

Asure Software Income Statement is one of the three primary financial statements used for reporting Asure's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Asure Software revenue and expense. Asure Software Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Asure Software's Tax Provision is relatively stable compared to the past year. As of 03/29/2024, Interest Income is likely to grow to about 18.7 M, while Selling General Administrative is likely to drop slightly above 26.7 M.

Total Revenue

Total revenue comprises all receipts Asure Software generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Asure Software minus its cost of goods sold. It is profit before Asure Software operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Asure Software. It is also known as Asure Software overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Asure Software's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Asure Software current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.At this time, Asure Software's Tax Provision is relatively stable compared to the past year. As of 03/29/2024, Interest Income is likely to grow to about 18.7 M, while Selling General Administrative is likely to drop slightly above 26.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit46.6M62.5M71.9M75.5M
Total Revenue76.1M95.8M119.1M125.0M

Asure Software income statement Correlations

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0.480.710.360.350.41-0.58-0.580.090.360.52-0.92-0.89-0.85-0.940.33-0.860.47-0.940.39-0.960.280.420.32-0.080.08
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0.850.360.810.990.99-0.48-0.480.570.980.87-0.33-0.23-0.4-0.220.32-0.360.91-0.180.91-0.510.810.880.840.78-0.65
0.830.350.830.990.98-0.42-0.420.590.960.87-0.29-0.2-0.36-0.190.27-0.320.9-0.150.86-0.50.750.840.790.75-0.63
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-0.58-0.92-0.56-0.33-0.29-0.40.650.65-0.14-0.37-0.440.960.980.94-0.20.98-0.440.94-0.460.91-0.43-0.48-0.450.010.0
-0.53-0.89-0.48-0.23-0.2-0.270.40.4-0.27-0.25-0.280.960.920.92-0.110.92-0.290.92-0.280.91-0.25-0.29-0.260.150.04
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-0.37-0.94-0.54-0.22-0.19-0.280.540.530.0-0.25-0.350.940.920.85-0.070.87-0.310.99-0.30.92-0.23-0.32-0.270.21-0.11
0.30.330.340.320.270.35-0.41-0.410.010.370.36-0.2-0.11-0.21-0.07-0.160.41-0.140.36-0.270.260.380.30.27-0.09
-0.64-0.86-0.55-0.36-0.32-0.430.690.69-0.19-0.4-0.480.980.921.00.87-0.16-0.480.86-0.510.85-0.49-0.52-0.51-0.070.0
0.770.470.840.910.90.93-0.67-0.670.330.90.89-0.44-0.29-0.5-0.310.41-0.48-0.280.91-0.570.790.860.820.67-0.44
-0.35-0.94-0.51-0.18-0.15-0.240.540.540.03-0.22-0.320.940.920.850.99-0.140.86-0.28-0.270.92-0.21-0.3-0.250.23-0.12
0.810.390.690.910.860.94-0.74-0.740.320.950.84-0.46-0.28-0.55-0.30.36-0.510.91-0.27-0.510.960.970.980.82-0.53
-0.62-0.96-0.74-0.51-0.5-0.550.530.53-0.28-0.52-0.550.910.910.860.92-0.270.85-0.570.92-0.51-0.4-0.52-0.44-0.040.18
0.750.280.520.810.750.85-0.71-0.70.290.880.73-0.43-0.25-0.53-0.230.26-0.490.79-0.210.96-0.40.940.990.85-0.55
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0.770.320.580.840.790.89-0.74-0.740.290.90.78-0.45-0.26-0.54-0.270.3-0.510.82-0.250.98-0.440.990.970.84-0.53
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Asure Software Account Relationship Matchups

Asure Software income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization18.2M16.2M(1.0M)20.4M20.6M21.6M
Interest Expense15.4M2.2M2.0M4.4M4.3M2.3M
Selling General Administrative42.0M23.9M27.6M33.9M39.3M26.7M
Total Revenue73.2M65.5M76.1M95.8M119.1M125.0M
Gross Profit43.3M38.1M46.6M62.5M71.9M75.5M
Other Operating Expenses89.0M79.3M88.9M107.1M122.1M128.2M
Operating Income(15.9M)(13.8M)(12.8M)(9.9M)(3.0M)(3.1M)
Ebit(15.9M)(13.8M)(12.8M)(9.9M)(3.0M)(3.1M)
Ebitda2.3M2.4M(13.8M)10.5M17.6M18.5M
Cost Of Revenue29.8M27.4M29.5M33.3M47.2M49.5M
Total Operating Expenses59.2M51.8M59.4M73.8M74.9M39.8M
Income Before Tax(66.4M)(16.0M)4.0M(14.4M)(9.1M)(9.6M)
Total Other Income Expense Net(50.5M)(2.2M)16.8M(4.4M)(6.1M)(5.8M)
Net Income(42.3M)(16.3M)3.2M(14.5M)(9.2M)(9.7M)
Income Tax Expense(24.1M)337K802K112K109K103.6K
Research Development5.4M6.0M5.4M6.1M6.8M5.0M
Net Income Applicable To Common Shares30.0M(16.3M)3.2M(14.5M)(13.0M)(12.4M)
Net Income From Continuing Ops(42.3M)(16.3M)3.2M(14.5M)(6.7M)(7.0M)
Tax Provision(24.1M)337K802K112K173K181.7K
Net Interest Income(15.4M)(2.2M)(2.0M)(4.4M)(5.8M)(6.0M)
Reconciled Depreciation18.2M16.2M17.8M20.4M20.5M17.6M

Pair Trading with Asure Software

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asure Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asure Software will appreciate offsetting losses from the drop in the long position's value.

Moving against Asure Stock

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The ability to find closely correlated positions to Asure Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asure Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asure Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asure Software to buy it.
The correlation of Asure Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asure Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asure Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asure Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Asure Software is a strong investment it is important to analyze Asure Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asure Software's future performance. For an informed investment choice regarding Asure Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Asure Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asure Software. If investors know Asure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asure Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
5.379
Quarterly Revenue Growth
(0.10)
Return On Assets
(0)
Return On Equity
(0.05)
The market value of Asure Software is measured differently than its book value, which is the value of Asure that is recorded on the company's balance sheet. Investors also form their own opinion of Asure Software's value that differs from its market value or its book value, called intrinsic value, which is Asure Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asure Software's market value can be influenced by many factors that don't directly affect Asure Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asure Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asure Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asure Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.