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

Primis Financial Corp. is the larger business by last-quarter revenue ($45.6M vs $36.3M, roughly 1.3× ASURE SOFTWARE INC). Primis Financial Corp. runs the higher net margin — 16.0% vs -14.8%, a 30.8% gap on every dollar of revenue. Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs 11.2%).

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.

Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.

ASUR vs FRST — Head-to-Head

Bigger by revenue
FRST
FRST
1.3× larger
FRST
$45.6M
$36.3M
ASUR
Higher net margin
FRST
FRST
30.8% more per $
FRST
16.0%
-14.8%
ASUR
Faster 2-yr revenue CAGR
FRST
FRST
Annualised
FRST
13.0%
11.2%
ASUR

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASUR
ASUR
FRST
FRST
Revenue
$36.3M
$45.6M
Net Profit
$-5.4M
$7.3M
Gross Margin
63.8%
Operating Margin
-9.7%
Net Margin
-14.8%
16.0%
Revenue YoY
23.7%
Net Profit YoY
-37.5%
200.0%
EPS (diluted)
$-0.19
$0.30

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
FRST
FRST
Q1 26
$45.6M
Q4 25
$80.9M
Q3 25
$36.3M
$41.0M
Q2 25
$30.1M
$43.2M
Q1 25
$34.9M
$58.7M
Q4 24
$38.8M
Q3 24
$29.3M
$37.3M
Q2 24
$28.0M
$35.7M
Net Profit
ASUR
ASUR
FRST
FRST
Q1 26
$7.3M
Q4 25
$29.5M
Q3 25
$-5.4M
$6.8M
Q2 25
$-6.1M
$2.4M
Q1 25
$-2.4M
$22.6M
Q4 24
$-26.2M
Q3 24
$-3.9M
$1.2M
Q2 24
$-4.4M
$3.4M
Gross Margin
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
Q3 25
63.8%
Q2 25
66.1%
Q1 25
70.6%
Q4 24
Q3 24
67.2%
Q2 24
67.3%
Operating Margin
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
44.8%
Q3 25
-9.7%
21.3%
Q2 25
-15.4%
6.9%
Q1 25
-5.8%
41.9%
Q4 24
-123.0%
Q3 24
-12.4%
-3.1%
Q2 24
-14.9%
7.8%
Net Margin
ASUR
ASUR
FRST
FRST
Q1 26
16.0%
Q4 25
36.5%
Q3 25
-14.8%
16.7%
Q2 25
-20.3%
5.6%
Q1 25
-6.9%
38.6%
Q4 24
-100.3%
Q3 24
-13.3%
3.3%
Q2 24
-15.5%
9.6%
EPS (diluted)
ASUR
ASUR
FRST
FRST
Q1 26
$0.30
Q4 25
$1.19
Q3 25
$-0.19
$0.28
Q2 25
$-0.22
$0.10
Q1 25
$-0.09
$0.92
Q4 24
$-0.95
Q3 24
$-0.15
$0.05
Q2 24
$-0.17
$0.14

Balance Sheet & Financial Strength

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

Metric
ASUR
ASUR
FRST
FRST
Cash + ST InvestmentsLiquidity on hand
$21.5M
$159.9M
Total DebtLower is stronger
$70.4M
Stockholders' EquityBook value
$193.1M
$427.2M
Total Assets
$447.1M
$4.3B
Debt / EquityLower = less leverage
0.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASUR
ASUR
FRST
FRST
Q1 26
$159.9M
Q4 25
$143.6M
Q3 25
$21.5M
$63.9M
Q2 25
$66.0M
$94.1M
Q1 25
$14.1M
$57.0M
Q4 24
$64.5M
Q3 24
$11.2M
$77.3M
Q2 24
$20.7M
$66.6M
Total Debt
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
Q3 25
$70.4M
Q2 25
$67.4M
Q1 25
$14.1M
Q4 24
Q3 24
$7.5M
Q2 24
$6.0M
Stockholders' Equity
ASUR
ASUR
FRST
FRST
Q1 26
$427.2M
Q4 25
$422.9M
Q3 25
$193.1M
$382.2M
Q2 25
$194.3M
$376.4M
Q1 25
$197.7M
$375.6M
Q4 24
$351.8M
Q3 24
$199.2M
$381.0M
Q2 24
$195.5M
$376.0M
Total Assets
ASUR
ASUR
FRST
FRST
Q1 26
$4.3B
Q4 25
$4.0B
Q3 25
$447.1M
$4.0B
Q2 25
$505.6M
$3.9B
Q1 25
$498.9M
$3.7B
Q4 24
$3.7B
Q3 24
$428.1M
$4.0B
Q2 24
$420.1M
$4.0B
Debt / Equity
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
Q3 25
0.36×
Q2 25
0.35×
Q1 25
0.07×
Q4 24
Q3 24
0.04×
Q2 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
FRST
FRST
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
15.6%
Capex IntensityCapex / Revenue
0.3%
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
FRST
FRST
Q1 26
Q4 25
$10.8M
Q3 25
$5.8M
$-11.4M
Q2 25
$3.2M
$-41.0M
Q1 25
$2.0M
$34.4M
Q4 24
$19.5M
Q3 24
$1.3M
$6.1M
Q2 24
$2.2M
$52.3M
Free Cash Flow
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
$9.0M
Q3 25
$5.7M
Q2 25
$3.0M
Q1 25
$1.8M
Q4 24
$18.3M
Q3 24
$1.2M
Q2 24
$2.1M
FCF Margin
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
11.2%
Q3 25
15.6%
Q2 25
9.8%
Q1 25
5.2%
Q4 24
47.3%
Q3 24
3.9%
Q2 24
7.5%
Capex Intensity
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
2.1%
Q3 25
0.3%
Q2 25
0.7%
Q1 25
0.6%
Q4 24
3.1%
Q3 24
0.6%
0.0%
Q2 24
0.5%
0.0%
Cash Conversion
ASUR
ASUR
FRST
FRST
Q1 26
Q4 25
0.36×
Q3 25
-1.67×
Q2 25
-16.82×
Q1 25
1.52×
Q4 24
Q3 24
4.93×
Q2 24
15.21×

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%

FRST
FRST

Net Interest Income$32.1M70%
Noninterest Income$13.6M30%

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