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Asure (DE:VTE1)
BERLIN:VTE1
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.17Last Year’s EPS
0.2Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: 1.10%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue and bookings growth, the successful launch of new products, and positive future guidance. However, challenges in ERTC revenue decline, net losses, and margin impacts due to investments were also noted. Despite these challenges, the overall growth and strategic advancements indicate a positive outlook.Company Guidance
During the call, Asure Software, Inc. provided detailed guidance for 2025, emphasizing a projected revenue range of $134 to $138 million, representing mid-teens growth. The company aims for EBITDA margins between 23% and 24%, excluding potential future acquisitions. In 2024, Asure achieved a total revenue of $119.8 million, with recurring revenues rising 15% to constitute 96% of total revenues, compared to 84% in 2023. The company also reported an 86% increase in new bookings year-over-year and a 17% growth in contracted backlog since the previous quarter. Asure plans to continue focusing on expanding its client base and enhancing cross-selling opportunities, leveraging its recent product additions and acquisitions to drive profitability and scale. The guidance for 2025 includes expected revenue growth from expanded product offerings and customer acquisition activities, with a strong focus on cross-selling success.Strong Revenue Growth
Total revenue for 2024 increased modestly to $119.8 million. Excluding ERTC revenues, total revenues were up 17%. Recurring revenues grew by 15% and made up 96% of total revenues in 2024, up from 84% in 2023.
Successful Expansion and Product Launches
Launched AssurePay, an innovative alternative to online banking, and integrated multiple new products such as employee recruiting technology, benefit brokerage capabilities, and a 401(k) offering.
Significant Increase in Bookings
Sales efforts in 2024 resulted in an 86% increase in new bookings compared to the prior year.
New Multiyear Agreement
Signed a multiyear agreement with an industry leader in audit, tax, consulting, and advisory services to resell payroll and payroll tax management solutions.
Positive Guidance for 2025
Reiterated 2025 revenue guidance of $134 to $138 million, with EBITDA margins of between 23% and 24%.
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DE:VTE1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:VTE1 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | €9.10 | €8.85 | -2.75% |
| Oct 31, 2024 | €8.75 | €8.00 | -8.57% |
| Aug 01, 2024 | €9.40 | €8.85 | -5.85% |
| May 02, 2024 | €6.90 | €7.20 | +4.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Asure (DE:VTE1) report earnings?
Asure (DE:VTE1) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Asure (DE:VTE1) earnings time?
Asure (DE:VTE1) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Asure stock?
The P/E ratio of Asure is N/A.
What is DE:VTE1 EPS forecast?
DE:VTE1 EPS forecast for the fiscal quarter 2025 (Q1) is 0.17.
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