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Side-by-side financial comparison of Apyx Medical Corp (APYX) and ASURE SOFTWARE INC (ASUR). Click either name above to swap in a different company.

ASURE SOFTWARE INC is the larger business by last-quarter revenue ($36.3M vs $19.2M, roughly 1.9× Apyx Medical Corp). Apyx Medical Corp runs the higher net margin — -6.8% vs -14.8%, a 8.0% gap on every dollar of revenue. On growth, Apyx Medical Corp posted the faster year-over-year revenue change (34.7% vs 23.7%). ASURE SOFTWARE INC produced more free cash flow last quarter ($5.7M vs $-2.8M). Over the past eight quarters, Apyx Medical Corp's revenue compounded faster (36.8% CAGR vs 11.2%).

Bovie Medical Corporation was an American medical device manufacturer of medical devices, electrosurgical products and energy technologies. It was based in Clearwater, Florida with a manufacturing facility in Bulgaria.

Asure Software, Inc. is a software company. Prior to September 13, 2007, the company was known as Forgent Networks. After rebranding as Asure Software, the company expanded into offering human capital management (HCM) solutions, including payroll, time & attendance, talent management, human resource management, benefits administration and insurance services.

APYX vs ASUR — Head-to-Head

Bigger by revenue
ASUR
ASUR
1.9× larger
ASUR
$36.3M
$19.2M
APYX
Growing faster (revenue YoY)
APYX
APYX
+11.0% gap
APYX
34.7%
23.7%
ASUR
Higher net margin
APYX
APYX
8.0% more per $
APYX
-6.8%
-14.8%
ASUR
More free cash flow
ASUR
ASUR
$8.5M more FCF
ASUR
$5.7M
$-2.8M
APYX
Faster 2-yr revenue CAGR
APYX
APYX
Annualised
APYX
36.8%
11.2%
ASUR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
APYX
APYX
ASUR
ASUR
Revenue
$19.2M
$36.3M
Net Profit
$-1.3M
$-5.4M
Gross Margin
62.6%
63.8%
Operating Margin
0.1%
-9.7%
Net Margin
-6.8%
-14.8%
Revenue YoY
34.7%
23.7%
Net Profit YoY
71.9%
-37.5%
EPS (diluted)
$-0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APYX
APYX
ASUR
ASUR
Q4 25
$19.2M
Q3 25
$12.9M
$36.3M
Q2 25
$11.4M
$30.1M
Q1 25
$9.4M
$34.9M
Q4 24
$14.2M
Q3 24
$11.5M
$29.3M
Q2 24
$12.1M
$28.0M
Q1 24
$10.2M
$31.7M
Net Profit
APYX
APYX
ASUR
ASUR
Q4 25
$-1.3M
Q3 25
$-2.0M
$-5.4M
Q2 25
$-3.8M
$-6.1M
Q1 25
$-4.2M
$-2.4M
Q4 24
$-4.6M
Q3 24
$-4.7M
$-3.9M
Q2 24
$-6.6M
$-4.4M
Q1 24
$-7.6M
$-308.0K
Gross Margin
APYX
APYX
ASUR
ASUR
Q4 25
62.6%
Q3 25
64.4%
63.8%
Q2 25
62.3%
66.1%
Q1 25
60.1%
70.6%
Q4 24
63.0%
Q3 24
60.5%
67.2%
Q2 24
61.7%
67.3%
Q1 24
58.1%
71.4%
Operating Margin
APYX
APYX
ASUR
ASUR
Q4 25
0.1%
Q3 25
-6.5%
-9.7%
Q2 25
-22.6%
-15.4%
Q1 25
-32.4%
-5.8%
Q4 24
-21.4%
Q3 24
-31.6%
-12.4%
Q2 24
-45.7%
-14.9%
Q1 24
-64.6%
-1.4%
Net Margin
APYX
APYX
ASUR
ASUR
Q4 25
-6.8%
Q3 25
-15.4%
-14.8%
Q2 25
-33.2%
-20.3%
Q1 25
-44.0%
-6.9%
Q4 24
-32.5%
Q3 24
-40.9%
-13.3%
Q2 24
-54.0%
-15.5%
Q1 24
-74.0%
-1.0%
EPS (diluted)
APYX
APYX
ASUR
ASUR
Q4 25
Q3 25
$-0.19
Q2 25
$-0.22
Q1 25
$-0.09
Q4 24
Q3 24
$-0.15
Q2 24
$-0.19
$-0.17
Q1 24
$-0.22
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APYX
APYX
ASUR
ASUR
Cash + ST InvestmentsLiquidity on hand
$31.7M
$21.5M
Total DebtLower is stronger
$37.5M
$70.4M
Stockholders' EquityBook value
$14.5M
$193.1M
Total Assets
$66.8M
$447.1M
Debt / EquityLower = less leverage
2.58×
0.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APYX
APYX
ASUR
ASUR
Q4 25
$31.7M
Q3 25
$25.1M
$21.5M
Q2 25
$29.3M
$66.0M
Q1 25
$31.0M
$14.1M
Q4 24
$31.7M
Q3 24
$28.0M
$11.2M
Q2 24
$32.7M
$20.7M
Q1 24
$37.3M
$23.2M
Total Debt
APYX
APYX
ASUR
ASUR
Q4 25
$37.5M
Q3 25
$37.5M
$70.4M
Q2 25
$37.5M
$67.4M
Q1 25
$37.5M
$14.1M
Q4 24
$37.5M
Q3 24
$37.5M
$7.5M
Q2 24
$6.0M
Q1 24
$5.3M
Stockholders' Equity
APYX
APYX
ASUR
ASUR
Q4 25
$14.5M
Q3 25
$5.8M
$193.1M
Q2 25
$7.3M
$194.3M
Q1 25
$10.5M
$197.7M
Q4 24
$14.2M
Q3 24
$11.0M
$199.2M
Q2 24
$14.7M
$195.5M
Q1 24
$20.3M
$197.7M
Total Assets
APYX
APYX
ASUR
ASUR
Q4 25
$66.8M
Q3 25
$57.4M
$447.1M
Q2 25
$58.2M
$505.6M
Q1 25
$60.2M
$498.9M
Q4 24
$64.8M
Q3 24
$60.7M
$428.1M
Q2 24
$65.4M
$420.1M
Q1 24
$70.7M
$469.3M
Debt / Equity
APYX
APYX
ASUR
ASUR
Q4 25
2.58×
Q3 25
6.41×
0.36×
Q2 25
5.17×
0.35×
Q1 25
3.57×
0.07×
Q4 24
2.64×
Q3 24
3.40×
0.04×
Q2 24
0.03×
Q1 24
0.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APYX
APYX
ASUR
ASUR
Operating Cash FlowLast quarter
$-2.5M
$5.8M
Free Cash FlowOCF − Capex
$-2.8M
$5.7M
FCF MarginFCF / Revenue
-14.6%
15.6%
Capex IntensityCapex / Revenue
1.4%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.1M
$11.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APYX
APYX
ASUR
ASUR
Q4 25
$-2.5M
Q3 25
$-3.5M
$5.8M
Q2 25
$-1.2M
$3.2M
Q1 25
$-702.0K
$2.0M
Q4 24
$-2.9M
Q3 24
$-4.4M
$1.3M
Q2 24
$-4.3M
$2.2M
Q1 24
$-6.3M
$-3.9M
Free Cash Flow
APYX
APYX
ASUR
ASUR
Q4 25
$-2.8M
Q3 25
$-4.1M
$5.7M
Q2 25
$-1.5M
$3.0M
Q1 25
$-757.0K
$1.8M
Q4 24
$-3.2M
Q3 24
$-4.6M
$1.2M
Q2 24
$-4.6M
$2.1M
Q1 24
$-6.4M
$-4.2M
FCF Margin
APYX
APYX
ASUR
ASUR
Q4 25
-14.6%
Q3 25
-31.5%
15.6%
Q2 25
-13.2%
9.8%
Q1 25
-8.0%
5.2%
Q4 24
-22.4%
Q3 24
-40.0%
3.9%
Q2 24
-38.0%
7.5%
Q1 24
-62.2%
-13.2%
Capex Intensity
APYX
APYX
ASUR
ASUR
Q4 25
1.4%
Q3 25
4.0%
0.3%
Q2 25
2.3%
0.7%
Q1 25
0.6%
0.6%
Q4 24
1.7%
Q3 24
1.3%
0.6%
Q2 24
2.4%
0.5%
Q1 24
0.3%
0.8%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APYX
APYX

Segment breakdown not available.

ASUR
ASUR

Recurring$31.8M88%
Lathem Time$4.6M13%

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