Asure Software Inc (ASUR) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Asure Software Inc (ASUR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Asure Software Inc provides cloud-based software-as-a-service time and labor management and workspace management solutions. It offers solutions including AsureSpace workplace management solutions and AsureForce time and labor management solutions. Asure Software Inc has a market cap of $100.370 million; its shares were traded at around $6.54 with and P/S ratio of 1.03.


For the last quarter Asure Software Inc reported a revenue of $24.4 million, compared with the revenue of $15.31 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $89.0 million, an increase of 63.4% from last year. For the last five years Asure Software Inc had an average revenue growth rate of 27.9% a year.

The reported loss per diluted share was 54 cents for the year, compared with the loss per share of $0.28 in the previous year. The Asure Software Inc had an operating margin of -7.04%, compared with the operating margin of -1.84% a year before. The 10-year historical median operating margin of Asure Software Inc is -1.51%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Asure Software Inc has the cash and cash equivalents of $15.4 million, compared with $27.8 million in the previous year. The long term debt was $107.2 million, compared with $67.0 million in the previous year. Asure Software Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $6.54, Asure Software Inc is traded at 16.4% discount to its historical median P/S valuation band of $7.82. The P/S ratio of the stock is 1.03, while the historical median P/S ratio is 1.23. The stock lost 58.87% during the past 12 months.

For the complete 20-year historical financial data of ASUR, click here.

This article first appeared on GuruFocus.


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