Revenue Growth
Second quarter revenues were $30.1 million, an increase of 7% year-over-year and excluding the impact of ERTC, revenue growth was 10%.
Lathem Time Corporation Acquisition
Asure acquired Lathem Time Corporation, a company with a rich legacy in workforce management, for $39.5 million, expected to bring additional high-margin revenue and enhance time and attendance solutions.
Increased Full-Year Revenue Guidance
Full-year 2025 revenue guidance increased to $138 million to $142 million, up from prior guidance of $134 million to $138 million.
Record Contracted Revenue Backlog
Contracted revenue backlog is $82 million, up 68% from the previous year, indicating strong future revenue potential.
Attach Rates Improvement
Attach rates increased by 400 basis points year-over-year, indicating success in cross-selling multiple products to existing clients.