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Side-by-side financial comparison of ASURE SOFTWARE INC (ASUR) and Clearfield, Inc. (CLFD). Click either name above to swap in a different company.

ASURE SOFTWARE INC is the larger business by last-quarter revenue ($36.3M vs $34.3M, roughly 1.1× Clearfield, Inc.). Clearfield, Inc. runs the higher net margin — -1.8% vs -14.8%, a 13.0% gap on every dollar of revenue. On growth, ASURE SOFTWARE INC posted the faster year-over-year revenue change (23.7% vs -3.2%). ASURE SOFTWARE INC produced more free cash flow last quarter ($5.7M vs $-2.4M). Over the past eight quarters, ASURE SOFTWARE INC's revenue compounded faster (11.2% CAGR vs -3.5%).

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.

Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.

ASUR vs CLFD — Head-to-Head

Bigger by revenue
ASUR
ASUR
1.1× larger
ASUR
$36.3M
$34.3M
CLFD
Growing faster (revenue YoY)
ASUR
ASUR
+26.9% gap
ASUR
23.7%
-3.2%
CLFD
Higher net margin
CLFD
CLFD
13.0% more per $
CLFD
-1.8%
-14.8%
ASUR
More free cash flow
ASUR
ASUR
$8.1M more FCF
ASUR
$5.7M
$-2.4M
CLFD
Faster 2-yr revenue CAGR
ASUR
ASUR
Annualised
ASUR
11.2%
-3.5%
CLFD

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASUR
ASUR
CLFD
CLFD
Revenue
$36.3M
$34.3M
Net Profit
$-5.4M
$-614.0K
Gross Margin
63.8%
33.2%
Operating Margin
-9.7%
-5.3%
Net Margin
-14.8%
-1.8%
Revenue YoY
23.7%
-3.2%
Net Profit YoY
-37.5%
67.8%
EPS (diluted)
$-0.19
$-0.04

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
ASUR
ASUR
CLFD
CLFD
Q4 25
$34.3M
Q3 25
$36.3M
$23.4M
Q2 25
$30.1M
$49.9M
Q1 25
$34.9M
$47.2M
Q4 24
$29.7M
Q3 24
$29.3M
$5.6M
Q2 24
$28.0M
$48.8M
Q1 24
$31.7M
$36.9M
Net Profit
ASUR
ASUR
CLFD
CLFD
Q4 25
$-614.0K
Q3 25
$-5.4M
$-9.1M
Q2 25
$-6.1M
$1.6M
Q1 25
$-2.4M
$1.3M
Q4 24
$-1.9M
Q3 24
$-3.9M
Q2 24
$-4.4M
$-447.0K
Q1 24
$-308.0K
$-5.9M
Gross Margin
ASUR
ASUR
CLFD
CLFD
Q4 25
33.2%
Q3 25
63.8%
53.2%
Q2 25
66.1%
30.5%
Q1 25
70.6%
30.1%
Q4 24
29.2%
Q3 24
67.2%
Q2 24
67.3%
21.9%
Q1 24
71.4%
7.7%
Operating Margin
ASUR
ASUR
CLFD
CLFD
Q4 25
-5.3%
Q3 25
-9.7%
10.3%
Q2 25
-15.4%
3.0%
Q1 25
-5.8%
0.6%
Q4 24
-6.9%
Q3 24
-12.4%
Q2 24
-14.9%
-4.7%
Q1 24
-1.4%
-26.4%
Net Margin
ASUR
ASUR
CLFD
CLFD
Q4 25
-1.8%
Q3 25
-14.8%
-38.8%
Q2 25
-20.3%
3.2%
Q1 25
-6.9%
2.8%
Q4 24
-6.4%
Q3 24
-13.3%
Q2 24
-15.5%
-0.9%
Q1 24
-1.0%
-16.0%
EPS (diluted)
ASUR
ASUR
CLFD
CLFD
Q4 25
$-0.04
Q3 25
$-0.19
$-0.65
Q2 25
$-0.22
$0.11
Q1 25
$-0.09
$0.09
Q4 24
$-0.13
Q3 24
$-0.15
Q2 24
$-0.17
$-0.04
Q1 24
$-0.01
$-0.40

Balance Sheet & Financial Strength

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

Metric
ASUR
ASUR
CLFD
CLFD
Cash + ST InvestmentsLiquidity on hand
$21.5M
$96.4M
Total DebtLower is stronger
$70.4M
Stockholders' EquityBook value
$193.1M
$249.7M
Total Assets
$447.1M
$268.1M
Debt / EquityLower = less leverage
0.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASUR
ASUR
CLFD
CLFD
Q4 25
$96.4M
Q3 25
$21.5M
$106.0M
Q2 25
$66.0M
$117.2M
Q1 25
$14.1M
$112.0M
Q4 24
$113.0M
Q3 24
$11.2M
$129.0M
Q2 24
$20.7M
$123.8M
Q1 24
$23.2M
$142.9M
Total Debt
ASUR
ASUR
CLFD
CLFD
Q4 25
Q3 25
$70.4M
Q2 25
$67.4M
Q1 25
$14.1M
Q4 24
Q3 24
$7.5M
$2.2M
Q2 24
$6.0M
$2.1M
Q1 24
$5.3M
Stockholders' Equity
ASUR
ASUR
CLFD
CLFD
Q4 25
$249.7M
Q3 25
$193.1M
$256.2M
Q2 25
$194.3M
$264.5M
Q1 25
$197.7M
$265.9M
Q4 24
$267.4M
Q3 24
$199.2M
$275.8M
Q2 24
$195.5M
$274.6M
Q1 24
$197.7M
$279.2M
Total Assets
ASUR
ASUR
CLFD
CLFD
Q4 25
$268.1M
Q3 25
$447.1M
$306.2M
Q2 25
$505.6M
$314.7M
Q1 25
$498.9M
$310.9M
Q4 24
$303.2M
Q3 24
$428.1M
$315.3M
Q2 24
$420.1M
$318.1M
Q1 24
$469.3M
$315.4M
Debt / Equity
ASUR
ASUR
CLFD
CLFD
Q4 25
Q3 25
0.36×
Q2 25
0.35×
Q1 25
0.07×
Q4 24
Q3 24
0.04×
0.01×
Q2 24
0.03×
0.01×
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
ASUR
ASUR
CLFD
CLFD
Operating Cash FlowLast quarter
$5.8M
$-1.4M
Free Cash FlowOCF − Capex
$5.7M
$-2.4M
FCF MarginFCF / Revenue
15.6%
-7.1%
Capex IntensityCapex / Revenue
0.3%
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$11.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASUR
ASUR
CLFD
CLFD
Q4 25
$-1.4M
Q3 25
$5.8M
Q2 25
$3.2M
$7.9M
Q1 25
$2.0M
$3.0M
Q4 24
$7.2M
Q3 24
$1.3M
$22.2M
Q2 24
$2.2M
$4.0M
Q1 24
$-3.9M
$-5.7M
Free Cash Flow
ASUR
ASUR
CLFD
CLFD
Q4 25
$-2.4M
Q3 25
$5.7M
Q2 25
$3.0M
$7.5M
Q1 25
$1.8M
$654.0K
Q4 24
$5.1M
Q3 24
$1.2M
$18.2M
Q2 24
$2.1M
$2.8M
Q1 24
$-4.2M
$-7.7M
FCF Margin
ASUR
ASUR
CLFD
CLFD
Q4 25
-7.1%
Q3 25
15.6%
Q2 25
9.8%
15.1%
Q1 25
5.2%
1.4%
Q4 24
17.1%
Q3 24
3.9%
323.0%
Q2 24
7.5%
5.8%
Q1 24
-13.2%
-20.8%
Capex Intensity
ASUR
ASUR
CLFD
CLFD
Q4 25
2.9%
Q3 25
0.3%
2.0%
Q2 25
0.7%
0.8%
Q1 25
0.6%
5.1%
Q4 24
7.0%
Q3 24
0.6%
71.4%
Q2 24
0.5%
2.5%
Q1 24
0.8%
5.3%
Cash Conversion
ASUR
ASUR
CLFD
CLFD
Q4 25
Q3 25
Q2 25
4.93×
Q1 25
2.30×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASUR
ASUR

Recurring$31.8M88%
Lathem Time$4.6M13%

CLFD
CLFD

Segment breakdown not available.

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