Asure Historical Income Statement
ASUR Stock | USD 9.65 0.12 1.23% |
Historical analysis of Asure Software income statement accounts such as Interest Expense of 2.3 M, Selling General Administrative of 26.7 M or Total Revenue of 125 M can show how well Asure Software performed in making a profits. Evaluating Asure Software income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Asure Software's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Asure Software latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Asure Software is a good buy for the upcoming year.
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About Asure Income Statement Analysis
Asure Software Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Asure Software shareholders. The income statement also shows Asure investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Asure Software Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Asure Software generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Asure Software minus its cost of goods sold. It is profit before Asure Software operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Asure Software. It is also known as Asure Software overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Asure Software's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Asure Software current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.At this time, Asure Software's Interest Income is relatively stable compared to the past year. As of 11/27/2024, Extraordinary Items is likely to grow to about 87.3 M, while Selling General Administrative is likely to drop slightly above 26.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 4.4M | 4.3M | 2.3M | Depreciation And Amortization | 17.8M | 20.4M | 20.6M | 21.6M |
Asure Software income statement Correlations
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Asure Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Asure Software income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 16.2M | 17.8M | 20.4M | 20.6M | 21.6M | |
Interest Expense | 15.4M | 2.2M | 2.0M | 4.4M | 4.3M | 2.3M | |
Selling General Administrative | 42.0M | 23.9M | 27.6M | 33.9M | 39.3M | 26.7M | |
Total Revenue | 73.2M | 65.5M | 76.1M | 95.8M | 119.1M | 125.0M | |
Gross Profit | 43.3M | 38.1M | 46.6M | 62.5M | 85.5M | 89.8M | |
Other Operating Expenses | 89.0M | 79.3M | 88.9M | 107.1M | 122.1M | 128.2M | |
Operating Income | (15.9M) | (13.8M) | (12.8M) | (9.9M) | (3.0M) | (3.1M) | |
Ebit | 2.1M | (14.8M) | 6.0M | (9.9M) | (4.8M) | (5.0M) | |
Ebitda | 2.3M | 1.4M | 23.9M | 10.5M | 15.8M | 16.6M | |
Cost Of Revenue | 29.8M | 27.4M | 29.5M | 33.3M | 33.5M | 19.9M | |
Total Operating Expenses | 59.2M | 51.8M | 59.4M | 73.8M | 74.9M | 39.8M | |
Income Before Tax | (66.4M) | (16.0M) | 4.0M | (14.4M) | (9.1M) | (9.6M) | |
Total Other Income Expense Net | (50.5M) | (1.1M) | 16.8M | (3.0M) | (6.1M) | (5.8M) | |
Net Income | (42.3M) | (16.3M) | 3.2M | (14.5M) | (9.2M) | (9.7M) | |
Income Tax Expense | (24.1M) | 337K | 802K | 112K | 109K | 103.6K | |
Research Development | 5.4M | 6.0M | 5.4M | 6.1M | 6.8M | 5.0M | |
Net Income Applicable To Common Shares | 30.0M | (16.3M) | 3.2M | (14.5M) | (13.0M) | (12.4M) | |
Net Income From Continuing Ops | (42.3M) | (16.3M) | 3.2M | (14.5M) | (6.7M) | (7.0M) | |
Tax Provision | (24.1M) | 337K | 802K | 112K | 173K | 181.7K | |
Net Interest Income | (15.4M) | (2.2M) | (2.0M) | (4.4M) | (5.8M) | (6.0M) | |
Reconciled Depreciation | 18.2M | 16.2M | 17.8M | 20.4M | 20.5M | 17.6M |
Pair Trading with Asure Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asure Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asure Software will appreciate offsetting losses from the drop in the long position's value.Moving against Asure Stock
The ability to find closely correlated positions to Asure Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asure Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asure Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asure Software to buy it.
The correlation of Asure Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asure Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asure Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asure Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Asure Stock Analysis
When running Asure Software's price analysis, check to measure Asure Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.