Strong Revenue Growth
Third quarter revenues were $36.3 million, a 24% increase compared to the prior year third quarter. Recurring revenues grew 11% to $31.8 million.
Successful Acquisition Integration
The acquisition of Lathem Time is performing well, contributing significantly to revenue growth and providing new cross-selling opportunities.
New Client Interface Launch
The launch of Asure Central offers a new client experience, expected to accelerate cross-selling and improve workflow.
Increased Adjusted EBITDA
Adjusted EBITDA for Q3 increased by 49% to $8.1 million, with an adjusted EBITDA margin of 22%, up by 300 basis points from the previous year.
Positive Future Outlook
Fourth quarter 2025 revenue is expected between $38 million to $40 million, and full-year 2025 revenue between $139 million to $141 million, with continued growth into 2026.