Company / Gross Profit
ASURE SOFTWARE INC Gross Profit History
FY2013-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$85.5M
FY2023
5-year range
$39.5M / $85.5M
FY2019-FY2023
Trend
+83.7%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit has increased for 3 consecutive years, from $40M in FY2019 to $86M in FY2023.
Based on SEC 10-K filings.
$86M in FY2023 with a 10-year CAGR of +18.7%.
Improved from $43M to $86M over the past 3 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +25.5%
- 5-Year CAGR
- +15.4%
- 10-Year CAGR
- +18.7%
Key checks
Key Insights
- ASURE SOFTWARE INC's gross profit has grown for 3 consecutive years.
- 5-year CAGR of +15.4%, indicating consistent growth.
- In FY2023, gross profit increased 83.7% year-over-year.
- Lowest gross profit in the period was in FY2013.
Company context
Key Data Points
- Altman Z-Score 0.05 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | $85.5M | +83.7% |
| FY2021 | $46.6M | +7.5% |
| FY2020 | $43.3M | +9.6% |
| FY2019 | $39.5M | -5.5% |
| FY2018 | $41.8M | +52.5% |
| FY2017 | $27.4M | +40.2% |
| FY2016 | $19.6M | -6.3% |
| FY2015 | $20.9M | +9.7% |
| FY2014 | $19.0M | +23.8% |
| FY2013 | $15.4M | +77.9% |
As of FY2023 · SEC 10-K Annual Filings · Updated Jun 24, 2026