Asure Income Statement Research

ASUR Stock

USD 7.20 0.17 2.42%

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 Asure Software Valuation and Asure Software Correlation analysis.

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 04/24/2024, Interest Income is likely to grow to about 18.7 M, while Selling General Administrative is likely to drop slightly above 26.7 M.

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 04/24/2024, 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 Profit	46.6M	62.5M	71.9M	75.5M
Total Revenue	76.1M	95.8M	119.1M	125.0M

Gross Profit Total Revenue

Asure Software income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Discontinued Operations	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses	Non Recurring
Depreciation And Amortization		0.48	0.7	0.85	0.83	0.85	-0.47	-0.47	0.74	0.85	0.74	-0.58	-0.53	-0.68	-0.37	0.3	-0.64	0.77	-0.35	0.81	-0.62	0.75	0.8	0.77	0.64	-0.57
Interest Expense	0.48		0.71	0.36	0.35	0.41	-0.58	-0.58	0.09	0.36	0.52	-0.92	-0.89	-0.85	-0.94	0.33	-0.86	0.47	-0.94	0.39	-0.96	0.28	0.42	0.32	-0.08	0.08
Selling General Administrative	0.7	0.71		0.81	0.83	0.82	-0.55	-0.55	0.35	0.76	0.91	-0.56	-0.48	-0.56	-0.54	0.34	-0.55	0.84	-0.51	0.69	-0.74	0.52	0.7	0.58	0.4	-0.2
Total Revenue	0.85	0.36	0.81		0.99	0.99	-0.48	-0.48	0.57	0.98	0.87	-0.33	-0.23	-0.4	-0.22	0.32	-0.36	0.91	-0.18	0.91	-0.51	0.81	0.88	0.84	0.78	-0.65
Gross Profit	0.83	0.35	0.83	0.99		0.98	-0.42	-0.42	0.59	0.96	0.87	-0.29	-0.2	-0.36	-0.19	0.27	-0.32	0.9	-0.15	0.86	-0.5	0.75	0.84	0.79	0.75	-0.63
Other Operating Expenses	0.85	0.41	0.82	0.99	0.98		-0.58	-0.58	0.49	0.99	0.9	-0.4	-0.27	-0.46	-0.28	0.35	-0.43	0.93	-0.24	0.94	-0.55	0.85	0.93	0.89	0.78	-0.59
Operating Income	-0.47	-0.58	-0.55	-0.48	-0.42	-0.58		1.0	0.24	-0.55	-0.68	0.65	0.4	0.68	0.54	-0.41	0.69	-0.67	0.54	-0.74	0.53	-0.71	-0.76	-0.74	-0.38	-0.08
Ebit	-0.47	-0.58	-0.55	-0.48	-0.42	-0.58	1.0		0.24	-0.55	-0.68	0.65	0.4	0.68	0.53	-0.41	0.69	-0.67	0.54	-0.74	0.53	-0.7	-0.76	-0.74	-0.38	-0.08
Ebitda	0.74	0.09	0.35	0.57	0.59	0.49	0.24	0.24		0.52	0.3	-0.14	-0.27	-0.23	0.0	0.01	-0.19	0.33	0.03	0.32	-0.28	0.29	0.3	0.29	0.42	-0.69
Cost Of Revenue	0.85	0.36	0.76	0.98	0.96	0.99	-0.55	-0.55	0.52		0.84	-0.37	-0.25	-0.44	-0.25	0.37	-0.4	0.9	-0.22	0.95	-0.52	0.88	0.93	0.9	0.81	-0.68
Total Operating Expenses	0.74	0.52	0.91	0.87	0.87	0.9	-0.68	-0.68	0.3	0.84		-0.44	-0.28	-0.49	-0.35	0.36	-0.48	0.89	-0.32	0.84	-0.55	0.73	0.88	0.78	0.69	-0.2
Income Before Tax	-0.58	-0.92	-0.56	-0.33	-0.29	-0.4	0.65	0.65	-0.14	-0.37	-0.44		0.96	0.98	0.94	-0.2	0.98	-0.44	0.94	-0.46	0.91	-0.43	-0.48	-0.45	0.01	0.0
Total Other Income Expense Net	-0.53	-0.89	-0.48	-0.23	-0.2	-0.27	0.4	0.4	-0.27	-0.25	-0.28	0.96		0.92	0.92	-0.11	0.92	-0.29	0.92	-0.28	0.91	-0.25	-0.29	-0.26	0.15	0.04
Net Income	-0.68	-0.85	-0.56	-0.4	-0.36	-0.46	0.68	0.68	-0.23	-0.44	-0.49	0.98	0.92		0.85	-0.21	1.0	-0.5	0.85	-0.55	0.86	-0.53	-0.55	-0.54	-0.12	0.07
Income Tax Expense	-0.37	-0.94	-0.54	-0.22	-0.19	-0.28	0.54	0.53	0.0	-0.25	-0.35	0.94	0.92	0.85		-0.07	0.87	-0.31	0.99	-0.3	0.92	-0.23	-0.32	-0.27	0.21	-0.11
Research Development	0.3	0.33	0.34	0.32	0.27	0.35	-0.41	-0.41	0.01	0.37	0.36	-0.2	-0.11	-0.21	-0.07		-0.16	0.41	-0.14	0.36	-0.27	0.26	0.38	0.3	0.27	-0.09
Net Income From Continuing Ops	-0.64	-0.86	-0.55	-0.36	-0.32	-0.43	0.69	0.69	-0.19	-0.4	-0.48	0.98	0.92	1.0	0.87	-0.16		-0.48	0.86	-0.51	0.85	-0.49	-0.52	-0.51	-0.07	0.0
Non Operating Income Net Other	0.77	0.47	0.84	0.91	0.9	0.93	-0.67	-0.67	0.33	0.9	0.89	-0.44	-0.29	-0.5	-0.31	0.41	-0.48		-0.28	0.91	-0.57	0.79	0.86	0.82	0.67	-0.44
Tax Provision	-0.35	-0.94	-0.51	-0.18	-0.15	-0.24	0.54	0.54	0.03	-0.22	-0.32	0.94	0.92	0.85	0.99	-0.14	0.86	-0.28		-0.27	0.92	-0.21	-0.3	-0.25	0.23	-0.12
Interest Income	0.81	0.39	0.69	0.91	0.86	0.94	-0.74	-0.74	0.32	0.95	0.84	-0.46	-0.28	-0.55	-0.3	0.36	-0.51	0.91	-0.27		-0.51	0.96	0.97	0.98	0.82	-0.53
Net Interest Income	-0.62	-0.96	-0.74	-0.51	-0.5	-0.55	0.53	0.53	-0.28	-0.52	-0.55	0.91	0.91	0.86	0.92	-0.27	0.85	-0.57	0.92	-0.51		-0.4	-0.52	-0.44	-0.04	0.18
Discontinued Operations	0.75	0.28	0.52	0.81	0.75	0.85	-0.71	-0.7	0.29	0.88	0.73	-0.43	-0.25	-0.53	-0.23	0.26	-0.49	0.79	-0.21	0.96	-0.4		0.94	0.99	0.85	-0.55
Reconciled Depreciation	0.8	0.42	0.7	0.88	0.84	0.93	-0.76	-0.76	0.3	0.93	0.88	-0.48	-0.29	-0.55	-0.32	0.38	-0.52	0.86	-0.3	0.97	-0.52	0.94		0.97	0.83	-0.44
Extraordinary Items	0.77	0.32	0.58	0.84	0.79	0.89	-0.74	-0.74	0.29	0.9	0.78	-0.45	-0.26	-0.54	-0.27	0.3	-0.51	0.82	-0.25	0.98	-0.44	0.99	0.97		0.84	-0.53
Selling And Marketing Expenses	0.64	-0.08	0.4	0.78	0.75	0.78	-0.38	-0.38	0.42	0.81	0.69	0.01	0.15	-0.12	0.21	0.27	-0.07	0.67	0.23	0.82	-0.04	0.85	0.83	0.84		-0.57
Non Recurring	-0.57	0.08	-0.2	-0.65	-0.63	-0.59	-0.08	-0.08	-0.69	-0.68	-0.2	0.0	0.04	0.07	-0.11	-0.09	0.0	-0.44	-0.12	-0.53	0.18	-0.55	-0.44	-0.53	-0.57

Click cells to compare fundamentals

Asure Software Account Relationship Matchups

Asure Software income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	15.4M	2.2M	2.0M	4.4M	4.3M	2.3M
Total Revenue	73.2M	65.5M	76.1M	95.8M	119.1M	125.0M
Gross Profit	43.3M	38.1M	46.6M	62.5M	71.9M	75.5M
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)
Ebitda	2.3M	2.4M	(13.8M)	10.5M	17.6M	18.5M
Cost Of Revenue	29.8M	27.4M	29.5M	33.3M	47.2M	49.5M
Income Before Tax	(66.4M)	(16.0M)	4.0M	(14.4M)	(9.1M)	(9.6M)
Net Income	(42.3M)	(16.3M)	3.2M	(14.5M)	(9.2M)	(9.7M)
Income Tax Expense	(24.1M)	337K	802K	112K	109K	103.6K
Research Development	5.4M	6.0M	5.4M	6.1M	6.8M	5.0M
Tax Provision	(24.1M)	337K	802K	112K	173K	181.7K
Net Interest Income	(15.4M)	(2.2M)	(2.0M)	(4.4M)	(5.8M)	(6.0M)

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 together with Asure Stock

0.79	U	Unity Software Financial Report 8th of May 2024	Pair Corr
0.61	AI	C3 Ai Inc Tech Boost	Pair Corr

Moving against Asure Stock

0.76	ML	MoneyLion Financial Report 14th of May 2024	Pair Corr
0.6	DOCU	DocuSign Financial Report 13th of June 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Asure

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Is Asure Stock a good investment?

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What is Asure Software's Net Worth?

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Check out Asure Software Valuation and Asure Software Correlation analysis.

To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Asure Stock analysis

When running Asure Software's price analysis, check to measure Asure Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.

	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
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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.

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Asure Income Statement Research

Asure Software income statement Correlations

Asure Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asure Software income statement Accounts

Pair Trading with Asure Software

Moving together with Asure Stock

Moving against Asure Stock

Complementary Tools for Asure Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebit	+ 1.0	Operating Income
Net Income From Continuing Ops	+ 1.0	Net Income
Gross Profit	+ 0.99	Total Revenue
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Tax Provision	+ 0.99	Income Tax Expense

Net Interest Income	- 0.96	Interest Expense
Tax Provision	- 0.94	Interest Expense
Income Tax Expense	- 0.94	Interest Expense
Income Before Tax	- 0.92	Interest Expense
Total Other Income Expense Net	- 0.89	Interest Expense
Net Income From Continuing Ops	- 0.86	Interest Expense