ASURE SOFTWARE INC

ASURE SOFTWARE INC

ASURBack Office

Asure Software handles the unglamorous work that keeps small businesses legal and paid.

Key figures

Data as of Jun 2026 · Pills compare vs Mar 2026
ARR Multiple
1.5x
+0.1x
ARR
$148M
-13.2%
YoY Growth
23.2%
+0.5pp
Market Cap
$229M
-7.1%
Revenue (Q)
$37M
-13.2%
Gross Margin
67.5%
-3.8pp
Op. Margin
-6.5%
-13.4pp
Rule of 40
16.7
-12.9
Magic Number
-2.58

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data.

AI Replacement Risk
31/ 100
LowHigh

Estimated likelihood that general-purpose AI replaces this product.

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Valuation by quarter

Current ARR Multiple: 1.5x

Calculated valuation

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Company overview

Asure Software handles the unglamorous work that keeps small businesses legal and paid. Payroll. Taxes. HR. Time tracking. The company is based in Austin, Texas.

Small firms rarely have a big HR department. The owner often does payroll at the kitchen table on a Sunday night. Asure exists to take that burden away. It runs payroll, files the taxes, and keeps the paperwork compliant.

Picture a chain of three coffee shops with 50 staff between them. Hours change every week. Tips need tracking. Payroll taxes must go to the right agencies on time. One mistake can bring a fine. Asure automates the whole cycle so the owner can focus on selling coffee, not filling forms.

The company also sells through partners. Accountants and resellers use Asure payroll under their own brand to serve their clients. That channel widens its reach without a huge sales force.

Asure has grown partly by buying smaller payroll and HR providers and folding them in. Revenue runs around $120 million a year. Gross margins sit in the 70s. The market is crowded and includes far larger rivals. Asure carves out a spot by focusing on small businesses and the accountants who serve them.

Entity information

Industry7373: Services-Computer Integrated Systems Design
Fiscal YearDec 31
IncorporatedDelaware
Phone(512) 437-2700
Address405 COLORADO ST, #1800, AUSTIN, TX, 78701
Mailing address405 COLORADO ST, #1800, AUSTIN, TX, 78701
EIN74-2415696
Entity typeoperating
SEC industry framework06 Technology
Former namesFORGENT NETWORKS INC (to 2010-01-21); VTEL CORP (to 2002-02-06)

Quarterly financials

Left axis in $ (Revenue, Gross profit, Net income, S&M); right axis for ratios (Rule of 40, Magic number). Click a legend item to toggle it.