Asure Software Stock Intrinsic Value – ASURE SOFTWARE Reports 49.9% Year-Over-Year Increase in Total Revenue for Q2 FY 2023

August 10, 2023

☀️Earnings Overview

ASURE SOFTWARE ($NASDAQ:ASUR) reported total revenue of USD 30.4 million for the quarter ending June 30 2023, resulting in a 49.9% year-over-year increase. Net income for the same quarter showed an improvement from the previous year, with -3.8 million reported on August 7 2023 compared to -5.9 million in fiscal year 2022.

Analysis – Asure Software Stock Intrinsic Value

GoodWhale has conducted an analysis of the wellbeing of ASURE SOFTWARE and our proprietary Valuation Line has calculated that the fair value of ASURE SOFTWARE’s shares is around $10.9. However, currently the shares are being traded at $13.4, meaning that they are overvalued by 22.8%. This means that when the fair value catches up with the current market price, investors could experience a decrease in their return on investment. As such, investors should be aware of this discrepancy and exercise caution when looking to put money into ASURE SOFTWARE stock. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Asure Software. More…

    Total Revenues Net Income Net Margin
    114.68 -9.02 -7.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Asure Software. More…

    Operations Investing Financing
    12.29 -31.7 4.55
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Asure Software. More…

    Total Assets Total Liabilities Book Value Per Share
    401.02 254.2 7.09
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Asure Software are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    18.7% 16.2% -2.2%
    FCF Margin ROE ROA
    2.9% -1.1% -0.4%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items

  • Peers

    The market for cloud-based human capital management software is becoming increasingly competitive. Asure Software Inc is up against Blaqclouds Inc, Sage Group (The) PLC, and Freee KK, among others. The company has a strong product offering and a good reputation, but its competitors are also strong. Asure will need to continue to differentiate its product and emphasize its strengths in order to maintain its position in the market.

    – Blaqclouds Inc ($OTCPK:BCDS)

    The company’s market cap is 445.4k as of 2022. The company has a return on equity of -157.42%.

    The company’s market capitalization is the value of its shares outstanding multiplied by its stock price. As of 2022, Blaqclouds Inc’s market cap is 445.4k. The company’s return on equity is a measure of its profitability. It is calculated as the company’s net income divided by its shareholders’ equity. As of 2022, Blaqclouds Inc’s ROE is -157.42%.

    Blaqclouds Inc is a cloud computing company that offers a range of products and services, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). The company’s products and services are used by businesses of all sizes, from small and medium-sized businesses to large enterprises.

    – Sage Group (The) PLC ($LSE:SGE)

    The Sage Group is a provider of business software and services. The company has a market cap of 7.18B as of 2022 and a return on equity of 26.88%. The company offers a range of products and services including accounting, payroll, and customer relationship management (CRM) software. The company serves small and medium-sized businesses, as well as larger enterprises.

    – Freee KK ($TSE:4478)

    Freee KK provides cloud-based accounting software for small businesses in Japan. The company offers a range of features, including invoicing, expense tracking, and bookkeeping. Freee KK has a market cap of 172.9B as of 2022, a Return on Equity of -18.72%. The company’s cloud-based accounting software is designed to help small businesses in Japan streamline their accounting and financial operations. Freee KK’s software is available in both Japanese and English, and includes a range of features such as invoicing, expense tracking, and bookkeeping.


    ASURE SOFTWARE reported impressive financial results for the second quarter of fiscal year 2023, with total revenue increasing by 49.9% compared to the same period in the previous year. Net income improved from -5.9 million to -3.8 million, showing encouraging signs of progress. With these results, it appears that investing in ASURE SOFTWARE could be a wise decision for investors.

    The company’s growth prospects and financial health are strong, and the management team has demonstrated its ability to deliver positive results. Investors should continue to monitor the stock in order to maximize returns.

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