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GlobeNewswire·

Asure Announces Third Quarter 2025 Results

  • Asure Software reported third-quarter 2025 total revenues of $36.3 million, representing a 24% increase from the prior year.
  • Recurring revenue grew 11% to $31.8 million, while nine-month 2025 recurring revenue reached $93.6 million, up 9%.
  • Nine-month 2025 total revenue totaled $101.2 million, an increase of 14% year-over-year.
  • The company reported a net loss of $5.4 million for the quarter and $13.9 million for the first nine months of 2025.
  • Third-quarter 2025 Adjusted EBITDA was $8.1 million, compared to $5.4 million in the prior year period.
  • Asure launched Asure Central™, a unified client platform integrating payroll, HR, time, recruiting, tax, compliance, & pay card services.
  • Growth drivers for the quarter included increases in payroll, benefits, applicant tracking, time & attendance, & payroll tax management product lines.
  • Guidance for fourth-quarter 2025 revenue is set between $38.0 million & $40.0 million.
  • Full-year 2025 revenue guidance is projected at $139.0 million to $141.0 million with Adjusted EBITDA margins of 22%-23%.
  • Full-year 2026 revenue guidance ranges from $158.0 million to $162.0 million with Adjusted EBITDA margins of 23%-25%.
  • Management noted healthy demand for HCM products & progress on product integration & increasing attach rates.
  • Conference call for investors was scheduled for October 30, 2025, at 3:30 pm Central time featuring CEO Pat Goepel & CFO John Pence.
  • Asure's business model focuses on cloud-based Human Capital Management solutions for organizations of all sizes.