ASUR

EX-99.1

2 a20261029exhibit991.htm

EX-99.1

Document

Exhibit 99.1

Asure Announces Third Quarter 2026 Results

Third Quarter 2026 Revenues of $40.0 Million up 10% year over year

Recurring Revenue of $36.9 Million up 16% year over year

AUSTIN, TX – October 29, 2026 – Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management software solutions, today reported results for the third quarter ended September 30, 2026.

Third Quarter 2026 Financial Highlights*

•Revenue of $40.0 million, up 10% from $36.3 million

•Recurring revenue of $36.9 million, up 16% from $31.8 million

•Net loss of $0.6 million versus a net loss of $5.4 million

•EBITDA(1) of $7.9 million versus $3.9 million

•Adjusted EBITDA(1) of $10.5 million versus $8.1 million

•Gross profit of $27.8 million versus $23.5 million

•Non-GAAP gross profit(1) of $30.2 million (margin of 75%) versus $25.4 million (margin of 70%)

First Nine Months 2026 Financial Highlights*

•Revenue of $119.9 million, up 18% from prior year first nine months

•Recurring revenue of $108.6 million, up 16% from prior year first nine months

•Net loss of $4.4 million versus a net loss of $13.9 million in the prior year first nine months

•EBITDA(1) of $21.9 million versus $9.5 million in the prior year first nine months

•Adjusted EBITDA(1) of $30.6 million versus $20.7 million in the prior year first nine months

•Gross profit of $83.4 million versus $68.2 million in the prior year first nine months

•Non-GAAP gross profit(1) of $89.6 million (margin of 75%) versus $73.5 million (margin of 73%) in prior year first nine months

*Financial metrics are compared to third quarter and the first nine months of the prior year respectively.

Recent Business Highlights

•Strengthened Asure’s position in the Oracle ecosystem by making Payroll Tax Management available on Oracle Marketplace to Oracle sales teams, systems integrators and Oracle customers.

•Entered into a relationship with Amazon Web Services (AWS) to offer its solutions through AWS Marketplace, which will position Asure to reach more than 330,000 active AWS Marketplace customers.

•Launched AsureCentral®, its unified platform, to its reseller network and took our first resellers live on the platform in September. The reseller network reaches approximately three times as many employers as Asure’s direct client business, expanding the platform’s addressable market.

(1) This financial measure is not calculated in accordance with GAAP and is defined on page 3 of this press release. A reconciliation of this non-GAAP measure to the most applicable GAAP measure begins on page 10 of this release.

1

Subsequent Events

•Entered into a new credit agreement, with a syndicate of banks lead by MUFG Bank, Ltd., providing for borrowings of up to $115.0 million; received $85.0 million of gross proceeds at closing on October 15, 2026, of which $62.6 million was used to repay in full the Company’s existing credit agreement with MidCap Financial Trust.

•Completed the acquisition of a payroll processing business primarily located in the southeastern United States during October 2026 for an aggregate purchase price of $26.5 million. The business serves mid-market organizations with cloud-based HR, payroll, and talent tools. The acquisition expands Asure’s exposure to the mid-market segment and adds a developed technology that will be used to update some of our product offerings.

Management Commentary

“We delivered solid growth in the third quarter, with revenue increasing 10% year-over-year to $40.0 million and recurring revenue up 16% versus the prior year, also we experienced a notable uplift in gross margins, as well as improved profitability.” said Asure Chairman and CEO Pat Goepel. “Our organic growth continued to improve during the quarter, with total revenue up 9% and recurring revenue up 14% organically. We remain focused on driving attach rates across our client base as we deepen relationships and broaden the solutions we deliver. We continue to see significant potential for AsureWorks™ as adoption builds and our pipeline grows.”

“We are pleased to have completed our recent acquisition in the southeastern United States, an important step in our inorganic growth strategy, and to have put in place a new credit agreement, that gives us added flexibility to pursue both organic and inorganic growth. On the organic side, we are excited about the new distribution channels for our Payroll Tax Management solution and the opportunity they create. We expect to keep investing in the business to fuel growth on both fronts. We expect to finish 2026 on a high note and believe our outlook for 2027, as reflected in our guidance is bright.”

Fourth Quarter 2026, Full Year 2026 and Full Year 2027 Revenue Guidance Ranges

The Company provides guidance for the fourth quarter of 2026, full year 2026 and full year 2027 based on the Company’s year-to-date results and recent business trends. This guidance incorp

EX-99.1

2 a20260730exhibit991.htm

EX-99.1

Document

Exhibit 99.1

Asure Announces Second Quarter 2026 Results

Second Quarter 2026 Revenues of $37.1 Million up 23% year over year

Recurring Revenue of $34.0 Million up 19% year over year

AUSTIN, TX – July 30, 2026 – Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management software solutions, today reported results for the second quarter ended June 30, 2026.

Second Quarter 2026 Financial Highlights*

•Revenue of $37.1 million, up 23% from $30.1 million

•Recurring revenue of $34.0 million, up 19% from $28.6 million

•Net loss of $4.4 million versus a net loss of $6.1 million

•EBITDA(1) of $4.6 million versus $1.4 million

•Adjusted EBITDA(1) of $7.7 million versus $5.2 million

•Gross profit of $25.1 million versus $19.9 million

•Non-GAAP gross profit(1) of $27.1 million (margin of 73%) versus $21.9 million (margin of 73%)

First Half 2026 Financial Highlights*

•Revenue of $79.9 million, up 23% from prior year first half

•Recurring revenue of $71.7 million, up 16% from prior year first half

•Net loss of $3.8 million versus a net loss of $8.5 million in the prior year first half

•EBITDA(1) of $14.0 million versus $5.6 million in the prior year first half

•Adjusted EBITDA(1) of $20.1 million versus $12.6 million in the prior year first half

•Gross profit of $55.5 million versus $44.5 million in the prior year first half

•Non-GAAP gross profit(1) of $59.4 million (margin of 74%) versus $48.1 million (margin of 74%) in prior year first half

*Financial metrics are compared to second quarter and the first half of the prior year respectively.

Recent Business Highlights

•Announced the expansion of its partnership with Foodservice Restaurant Partners Group’s (“FRPG”) FRPG Restaurant Rewards, one of the nation’s largest Group Purchasing Organizations serving independent restaurant operators. The expanded agreement strengthens Asure’s distribution within FRPG’s network, which spans 20 states and 3,000 members, and is expected to further position the Company to capture market share in the large and underserved independent restaurant segment.

(1) This financial measure is not calculated in accordance with GAAP and is defined on page 3 of this press release. A reconciliation of this non-GAAP measure to the most applicable GAAP measure begins on page 10 of this release.

1

Management Commentary

"We are very pleased to deliver another solid quarter of revenue growth for the second quarter of 2026 with revenues increasing 23% from a year ago to $37.1 million. The contributors to our success this quarter were broad based across business lines and during the quarter we experienced improved organic growth as well as increased gross margins versus the prior year period. We also continue to experience improving attach rates with our products and the launch of AsureWorks® has continued its positive trends with a healthy pipeline of deals," said Asure Chairman and CEO Pat Goepel.

"As we look to the second half of 2026, we remain focused on increasing product attach rates with our clients, continuing to advance our AI capabilities while building on our sales and marketing efforts to further our growth trend. Given the investments we have made and the business trends we experienced in the first half of the year, we believe we are in a strong position to achieve our growth and profitability goals for 2026."

Third Quarter 2026 and Full Year 2026 Revenue Guidance Ranges

The Company provides guidance for the third quarter of 2026 and full year 2026 based on the Company’s year-to-date results and recent business trends.

Guidance for 2026

Guidance RangeQ3-2026FY-2026

Revenue$38.0 M – 40.0 M$159.0 M – 163.0 M

Adjusted EBITDA(1)

$8.0 M – 10.0 M24% – 25%

Management uses GAAP, non-GAAP and adjusted measures when planning, monitoring, and evaluating the Company’s performance. The primary purpose of using non-GAAP and adjusted measures is to provide supplemental information that may prove useful to investors and to enable investors to evaluate the Company’s results in the same way management does.

Management believes that supplementing GAAP disclosures with non-GAAP and adjusted disclosures provides investors with a more complete view of the Company’s operational performance and allows for meaningful period-to-period comparisons and analysis of trends in the Company’s business. Further, to the extent that other companies use similar methods in calculating adjusted financial measures, the provision of supplemental non-GAAP and adjusted information can allow for a comparison of the Company’s relative performance against other companies that also report non-GAAP and adjusted operating results.

Management has not provided a reconciliation of guidance of GAAP to non-GAAP or adjusted disclosures because management is unable to predict the nature and materiality of non-recurring expenses without unreasonable effort.

Management’s projec

EX-99.1

2 a20260430exhibit991.htm

EX-99.1

Document

Exhibit 99.1

Asure Announces First Quarter 2026 Results

First Quarter 2026 Revenues of $42.8 Million up 23% year over year

First Quarter 2026 Net Income $0.6 Million versus Net Loss of $2.4 Million in prior year

First Quarter 2026 Adjusted EBITDA(1) increased 69% to $12.3 Million year over year

AUSTIN, TX – April 30, 2026 – Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management software solutions, today reported results for the first quarter ended March 31, 2026.

First Quarter 2026 Financial Highlights*

•Revenue of $42.8 million, up 23% from $34.9 million

•Recurring revenue of $37.8 million, up 14% from $33.2 million

•Net income of $0.6 million versus a net loss of $2.4 million

•EBITDA(1) of $9.4 million versus $4.1 million

•Adjusted EBITDA(1) of $12.3 million versus $7.3 million

•Gross profit of $30.5 million versus $24.6 million

•Non-GAAP gross profit(1) of $32.3 million (margin of 76%) versus $26.3 million (margin of 75%)

*Financial metrics are compared to the first quarter of the prior year.

Recent Business Highlights

•Announced the appointment of Tiffany Mortimer as Chief Transformation & People Officer. Mortimer brings 15 years of experience leading enterprise transformation, operational execution, and people strategy at high-growth SaaS companies, and joins Asure as the company continues to build the operational and organizational foundation for its next phase of growth.

(1) This financial measure is not calculated in accordance with GAAP and is defined on page 3 of this press release. A reconciliation of this non-GAAP measure to the most applicable GAAP measure begins on page 10 of this release.

1

Management Commentary

“We are very pleased with our first quarter of 2026 results, which reflect the strongest start to a year in Asure’s recent history. Revenue grew 23% to $42.8 million versus a year ago, and the combination of accelerating organic growth, profitability at the net income level, and continued margin improvement validates the strategic investments we have been making across our platform, our people, and our go-to-market efforts. We believe this quarter demonstrates that our business is reaching an inflection point where growth and profitability are advancing together." said Asure Chairman and CEO Pat Goepel.

“Looking ahead, we remain focused on the strategic investments we believe will sustain this growth trajectory. We are expanding our sales and marketing efforts and advancing our AI capabilities, which we expect to enhance the client’s experience while lowering our cost to serve over time. These initiatives, combined with the continued customer adoption of Asure Central™, position us well to achieve our full-year 2026 revenue and profitability targets.”

Second Quarter 2026 and Full Year 2026 Revenue Guidance Ranges

The Company provides guidance for the second quarter of 2026 and full year 2026 based on the Company’s year-to-date results and recent business trends.

Guidance for 2026

Guidance RangeQ2-2026FY-2026

Revenue$36.0 M – 38.0 M$159.0 M – 163.0 M

Adjusted EBITDA(1)

$6.0 M – 8.0 M23% – 25%

Management uses GAAP, non-GAAP and adjusted measures when planning, monitoring, and evaluating the Company’s performance. The primary purpose of using non-GAAP and adjusted measures is to provide supplemental information that may prove useful to investors and to enable investors to evaluate the Company’s results in the same way management does.

Management believes that supplementing GAAP disclosures with non-GAAP and adjusted disclosures provides investors with a more complete view of the Company’s operational performance and allows for meaningful period-to-period comparisons and analysis of trends in the Company’s business. Further, to the extent that other companies use similar methods in calculating adjusted financial measures, the provision of supplemental non-GAAP and adjusted information can allow for a comparison of the Company’s relative performance against other companies that also report non-GAAP and adjusted operating results.

Management has not provided a reconciliation of guidance of GAAP to non-GAAP or adjusted disclosures because management is unable to predict the nature and materiality of non-recurring expenses without unreasonable effort.

Management’s projections are based on management’s current beliefs and assumptions about the Company's business, and the industry and the markets in which it operates; there are known and unknown risks and uncertainties associated with these projections. There can be no assurance that our actual results will not differ from the guidance set forth above. The Company assumes no obligation to update publicly any forward-looking statements, including its 2026 earnings guidance, whether as a result of new information, future events or otherwise. Please refer to the “Use of Forward-Looking Statements” disclosures on page 5 of t