Filing Flows › Asure Software (ASUR) › Q1 2025
Asure Software (ASUR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Asure Software (ASUR) reported revenue of $34.9M for the first quarter 2025 (Q1 2025), +10% from a year earlier. Operating margin was -5.8%, net loss $2.4M (6.9% of revenue).
Asure Software, Q1 2025: revenue $34.9M (+10% year over year), operating margin -5.8%, net loss $2.4M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $34.9M | — | +10% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | $2.0M | — | — |
| Free cash flow | $1.8M | — | — |
What changed
Revenue was $34.9M in Q1 2025, up 10% year over year. Recurring was the largest line at 95% of revenue. Recurring added $2.9M year over year (up 10%), 91% of the total change.
Gross margin was 70.6%, down 0.8 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -5.8%. Operating expenses grew 16% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+25%). The quarter ended with a net loss of $2.4M.
Operating cash flow was $2.0M. Non-cash charges added back $6.0M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $3.4M. Capital expenditures of $192K left free cash flow of $1.8M.
Questions
What was Asure Software's revenue in the first quarter 2025?
Asure Software (ASUR) reported revenue of $34.9M for the first quarter 2025 (Q1 2025), +10% from a year earlier.
Was Asure Software profitable in the first quarter 2025?
Operating loss was $2.0M (-5.8% of revenue) and net loss $2.4M.
Source: Asure Software 10-Q on SEC EDGAR.