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Asure Celebrates 100th Episode Milestone of its "Mission to Grow" Podcast
Newsfilter· 2024-05-14 23:57
AUSTIN, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- Asure, a leading provider of cloud-based Human Capital Management (HCM) software solutions, proudly announces the commemoration of a significant milestone: the 100th episode of its small business podcast, "Mission to Grow." This achievement marks a testament to Asure's commitment to empowering small businesses with valuable insights and strategies for success. The 100th episode of "Mission to Grow" features a discussion on the new FLSA overtime threshold, a ti ...
Asure Software Sets May & June 2024 Investor Conference Schedule
GlobeNewsWire· 2024-05-09 04:00
AUSTIN, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, is scheduled to participate at the following financial conferences during May and June 2024: 19th Annual Needham Technology, Media and Consumer ConferenceDate: Wednesday, May 15, 2024Format: In Person 1x1 MeetingsLocation: New York, NY Jefferies HCM Summit Date: Thursday, May 16, 2024Format: In Person 1x1 MeetingsLocation: New York, NY 21 ...
4 Internet Delivery Services Stocks to Watch Despite Industry Woes
Zacks Investment Research· 2024-05-07 23:26
文章核心观点 - 尽管Zacks互联网配送服务行业面临宏观经济不确定性、通胀、高利率、高运营成本和扩张成本等挑战,但因新兴市场互联网普及、中产阶级壮大和智能手机普及,部分公司仍具增长潜力,行业过去一年表现优于标普500和科技板块,当前估值有吸引力 [1][2][9] 行业描述 - 行业主要包括通过互联网平台提供服务的公司,如食品配送、在线旅游预订、直销和媒体服务、网络托管等,成长阶段公司因研发和营销投入大,近期难盈利 [3] 行业趋势 积极趋势 - 智能手机和互联网普及是关键催化剂,行业受益于互联网用户增加、渗透率提高、4G和5G技术发展 [4] - 消费者偏好从线下向线上转变,在线食品订购和旅游预订增加,有利于行业发展 [5] - 技术进步,如路线优化算法、GPS跟踪和实时配送更新,提高了配送效率和可靠性 [5] 消极趋势 - 扩张前期成本高可能侵蚀利润,亚马逊加强配送系统和谷歌涉足食品配送市场加剧行业竞争 [6] 行业排名与前景 - 行业位于计算机和技术板块,Zacks行业排名第179,处于底部29%,近期前景黯淡,源于成分公司盈利前景不佳 [7][8] 行业表现与估值 表现 - 过去一年,行业涨幅57.8%,优于标普500的24.5%和计算机技术板块的40% [9] 估值 - 基于未来12个月的市销率,行业当前为1.16倍,低于标普500的3.86倍和板块的4.71倍,过去五年最高1.34倍,最低0.57倍,中位数0.89倍 [10] 重点关注公司 GoDaddy - 是互联网域名注册商和网络托管公司,受益于应用与商务业务势头强劲和全球业务拓展,Zacks共识预期2024年每股收益上调至4.92美元 [12][13] Vipshop Holdings - 是中国在线折扣零售商,通过加强产品供应、采购和执行销售策略提升业绩,专注高利润服装业务,Zacks共识预期今年每股收益下调至2.54美元 [14][15] MakeMyTrip - 是在线旅游服务公司,受益于疫情后旅游条件改善和酒店需求复苏,Zacks共识预期2024财年每股收益下调至1.13美元 [16] Asure Software - 是云计算公司,战略转型为纯软件即服务的人力资本管理公司推动营收增长,Zacks共识预期2024年每股收益维持在69美分 [18]
Asure Software(ASUR) - 2024 Q1 - Earnings Call Transcript
2024-05-03 23:03
财务数据和关键指标变化 - 第一季度收入为31.7百万美元,同比下降4%,但剔除ERTC收入后同比增长10% [21] - 第一季度经常性收入增长8%至30.3百万美元,剔除ERTC后同比增长9% [21] - 第一季度毛利率下降至71%,非GAAP毛利率下降至75%,主要由于ERTC非经常性收入减少 [23] - 第一季度EBITDA为4.4百万美元,同比下降,调整后EBITDA为6.8百万美元,同比下降 [24] - 公司现金及现金等价物为23.2百万美元,负债5.3百万美元 [24] 各条业务线数据和关键指标变化 - 公司的核心业务、战略举措和收购为收入增长的主要驱动因素,包括Asure Marketplace、工资税管理和客户资金利息收入 [11] - 公司正在通过人工智能、新技术、合作伙伴关系和销售策略来推动业务发展,如与Workday和SAP的合作 [13][15] - 公司的401(k)退休计划业务有望受益于SECURE Act 2.0法案,以及越来越多州政府强制中小企业提供401(k)计划 [12][13] 各个市场数据和关键指标变化 - 公司在中小企业市场的销售增长强劲,第一季度销售订单同比增长68% [67] - 公司在中小企业市场的定价环境保持稳定,没有出现明显的竞争压力 [61][63] - 公司正在加大在大型企业市场的拓展力度,与Workday和SAP的合作有望带来更多大客户 [53][54] 公司战略和发展方向及行业竞争 - 公司正在通过人工智能、新技术、合作伙伴关系和销售策略来推动业务发展,如与Workday和SAP的合作 [13][15] - 公司的401(k)退休计划业务有望受益于SECURE Act 2.0法案,以及越来越多州政府强制中小企业提供401(k)计划 [12][13] - 公司正在加大在大型企业市场的拓展力度,与Workday和SAP的合作有望带来更多大客户 [53][54] - 公司正在通过收购来推动业务增长,2024年预计完成10-15百万美元的收购收入 [86][87] 管理层对经营环境和未来前景的评论 - 管理层对2024年的业务前景保持乐观,预计全年收入将达到125-129百万美元,调整后EBITDA率为20%-21% [18][25] - 管理层认为公司的核心业务、战略举措和收购将是未来增长的主要驱动因素 [11][32][36] - 管理层表示公司正在通过人工智能、新技术、合作伙伴关系和销售策略来推动业务发展 [13][15][31] - 管理层认为公司的401(k)退休计划业务有望受益于SECURE Act 2.0法案 [12][13] 问答环节重要的提问和回答 问题1 **Joshua Reilly 提问** 询问公司2024年迄今完成的收购数量、收购估值情况以及收购收入对全年指引的影响 [41][42] **Pat Goepel 回答** 公司在第一季度完成了约5-6笔收购,收购估值约为2倍左右,收购收入对全年指引的影响在预期范围内 [42][43] 问题2 **Bryan Bergin 提问** 询问公司在税务解决方案业务方面的增长潜力和在整体公司收入中的占比 [53][54] **Pat Goepel 和 John Pence 回答** 税务解决方案业务目前占公司总收入的60%左右,未来有望成为100百万美元的业务,是公司未来增长的重要驱动力之一 [55][56][57][58] 问题3 **Jeff Van Rhee 提问** 询问公司在401(k)业务和Treasury Management业务方面的进展情况 [91][92] **John Pence 和 Pat Goepel 回答** 401(k)业务正在快速推进,销售和营销方面还有一些提升空间,Treasury Management业务已经有客户需求,公司正在谨慎推进 [92][93]
Asure Software(ASUR) - 2024 Q1 - Earnings Call Presentation
2024-05-03 06:52
Payroll & HR Solutions that help Businesses Grow Investor Presentation May 2024 (Under the Private Securities Litigation Reform Act of 1995) Safe Harbor Statement Forward Looking Statements This presentation contains certain statements made by management that may constitute “forward-looking” statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements about our financial results may include expected or projected U. ...
Asure Software(ASUR) - 2024 Q1 - Quarterly Results
2024-05-03 04:04
Exhibit 99.1 Asure Announces First Quarter 2024 Results Reports First Quarter Revenues of $31.7 Million Management Reiterates 2024 Revenue Guidance of $125.0 Million - $129.0 Million AUSTIN, TX – May 2, 2024 – Asure Software, Inc. ("we", "us", "our", "Asure" or the "Company") (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management ("HCM") software solutions, today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Recent Business Highlight ...
Asure Software(ASUR) - 2024 Q1 - Quarterly Report
2024-05-03 04:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value ASUR The Nasdaq Capital Market Series A Junior Participating Preferred Share Purchase Rights N/A Emerging growth company ☐ FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 31, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Se ...
Asure Partners with HRlogics to Empower Clients with Access to Captial through Employer Tax Credits and Hiring Incentives
Newsfilter· 2024-05-02 00:04
AUSTIN, Texas, May 01, 2024 (GLOBE NEWSWIRE) -- Asure (NASDAQ:ASUR), a leader in payroll and workforce solutions, today proudly announced its strategic partnership with HRlogics, a firm specializing in tax credits and incentives. This alliance is set to provide Asure's clients with streamlined access to critical tax credits and hiring incentives, enhancing their growth potential and financial robustness.  "With rising interest rates and tight lending standards creating significant barriers to capital, it's ...
Top 5 Industrials Stocks That Could Blast Off This Quarter - Asure Software (NASDAQ:ASUR), AAR (NYSE:AIR)
Benzinga· 2024-04-03 19:55
股票走势分析 - 工业部门中最被过度卖空的股票提供了买入被低估公司的机会[1] - AAR公司在第三季度报告中实现了18%的销售增长,股价在过去一个月下跌了约12%[3] - Heartland Express公司的股价在过去一个月下跌了约10%,RSI值为29.17[4] - Asure Software公司在最近一年的总收入增长了24%,股价在过去一个月下跌了约21%[5] - Forward Air公司发布了低于预期的季度业绩,股价在过去五天下跌了约7%[6] - Greenland Technologies宣布了对北卡罗来纳州的进一步扩张,股价在过去五天下跌了约21%[7]
Asure Software: Unlocking Steady Growth Beyond ERTC Bump
Seeking Alpha· 2024-03-06 09:00
damircudicAsure Software (NASDAQ:ASUR), founded in 1985 as Forgent Networks and headquartered in Texas, provides Human Capital Management (HCM) solutions like payroll, HR software, and benefits administration primarily to small and mid-sized businesses. They offer both software and outsourced services, catering to various client needs. I have covered ASUR twice before and made two buy recommendations for the stock in 2021 and 2023. Though my call in 2021 was proven right with over 50% return since publi ...