GURUFOCUS.COM » STOCK LIST » Technology » Software » Asure Software Inc (NAS:ASUR) » Definitions » Net Income

Asure Software (Asure Software) Net Income : $-9.2 Mil (TTM As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Asure Software Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Asure Software's Net Income for the three months ended in Dec. 2023 was $-3.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-9.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Asure Software's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.14.


Asure Software Net Income Historical Data

The historical data trend for Asure Software's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asure Software Net Income Chart

Asure Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.00 -16.31 3.19 -14.47 -9.21

Asure Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.06 0.34 -3.77 -2.21 -3.58

Asure Software Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Asure Software's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-9.105+-0.109+0+0
=-9.2

Asure Software's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.74+0.158+0+4.4408920985006E-16
=-3.6

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Asure Software  (NAS:ASUR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Asure Software's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Asure Software Net Income Related Terms

Thank you for viewing the detailed overview of Asure Software's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Asure Software (Asure Software) Business Description

Traded in Other Exchanges
N/A
Address
405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.
Executives
Patrick Goepel director, officer: Chief Executive Officer 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428
Eyal Goldstein officer: Chief Revenue Officer 18154 SWEET ELM DRIVE, ENCINO CA 91316
Bradford Scovill Oberwager director 340 S. LEMON AVE. #5445, WALNUT CA 91789
Bjorn Reynolds director 108 WILD BASIN RD. S., SUITE 200, AUSTIN TX 78746
Ben F Allen director C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
Grace G. Lee director C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
William Carl Drew director 3700 N CAPITAL OF TEXAS HWY, SUITE 350, AUSTIN TX 78746
John F Pence officer: Chief Financial Officer C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
James Powers officer: Chief Financial Officer 2128 W. BRAKER LANE, BK12, AUSTIN TX 78758
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Daniel M Gill director 1560 SHERMAN AVENUE, SUITE 1200, EVANSTON IL 60201
Kelyn Brannon officer: Chief Financial Officer 300 E. RIVERSIDE DRIVE, APT. 527, AUSTIN TX 78704
Lathrop Charles W Jr director 3700 N CAPITAL OF TEXAS HWY, #350, AUSTIN TX 78746
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432