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Side-by-side financial comparison of ASURE SOFTWARE INC (ASUR) and SIEBERT FINANCIAL CORP (SIEB). Click either name above to swap in a different company.

ASURE SOFTWARE INC is the larger business by last-quarter revenue ($36.3M vs $23.6M, roughly 1.5× SIEBERT FINANCIAL CORP). SIEBERT FINANCIAL CORP runs the higher net margin — -1.9% vs -14.8%, a 12.9% gap on every dollar of revenue. On growth, ASURE SOFTWARE INC posted the faster year-over-year revenue change (23.7% vs 17.7%). SIEBERT FINANCIAL CORP produced more free cash flow last quarter ($9.7M vs $5.7M). Over the past eight quarters, ASURE SOFTWARE INC's revenue compounded faster (11.2% CAGR vs 7.3%).

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.

Siebert Financial Corp is a U.S.-based financial services provider specializing in discount brokerage, self-directed investment platforms, retirement account solutions, and personalized financial advisory services. It caters to both retail and institutional clients across the country, operating primarily in the retail investment and wealth management segments with a focus on low-cost, accessible investment options for individual investors.

ASUR vs SIEB — Head-to-Head

Bigger by revenue
ASUR
ASUR
1.5× larger
ASUR
$36.3M
$23.6M
SIEB
Growing faster (revenue YoY)
ASUR
ASUR
+6.0% gap
ASUR
23.7%
17.7%
SIEB
Higher net margin
SIEB
SIEB
12.9% more per $
SIEB
-1.9%
-14.8%
ASUR
More free cash flow
SIEB
SIEB
$4.0M more FCF
SIEB
$9.7M
$5.7M
ASUR
Faster 2-yr revenue CAGR
ASUR
ASUR
Annualised
ASUR
11.2%
7.3%
SIEB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASUR
ASUR
SIEB
SIEB
Revenue
$36.3M
$23.6M
Net Profit
$-5.4M
$-445.0K
Gross Margin
63.8%
Operating Margin
-9.7%
-5.5%
Net Margin
-14.8%
-1.9%
Revenue YoY
23.7%
17.7%
Net Profit YoY
-37.5%
-125.6%
EPS (diluted)
$-0.19
$-0.01

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
SIEB
SIEB
Q4 25
$23.6M
Q3 25
$36.3M
$26.8M
Q2 25
$30.1M
$14.9M
Q1 25
$34.9M
$28.9M
Q4 24
$20.0M
Q3 24
$29.3M
$22.6M
Q2 24
$28.0M
$20.9M
Q1 24
$31.7M
$20.5M
Net Profit
ASUR
ASUR
SIEB
SIEB
Q4 25
$-445.0K
Q3 25
$-5.4M
$1.6M
Q2 25
$-6.1M
$-4.7M
Q1 25
$-2.4M
$8.7M
Q4 24
$1.7M
Q3 24
$-3.9M
$3.8M
Q2 24
$-4.4M
$4.0M
Q1 24
$-308.0K
$3.7M
Gross Margin
ASUR
ASUR
SIEB
SIEB
Q4 25
Q3 25
63.8%
Q2 25
66.1%
Q1 25
70.6%
Q4 24
Q3 24
67.2%
Q2 24
67.3%
Q1 24
71.4%
Operating Margin
ASUR
ASUR
SIEB
SIEB
Q4 25
-5.5%
Q3 25
-9.7%
8.1%
Q2 25
-15.4%
-39.2%
Q1 25
-5.8%
36.3%
Q4 24
9.7%
Q3 24
-12.4%
21.4%
Q2 24
-14.9%
26.7%
Q1 24
-1.4%
24.9%
Net Margin
ASUR
ASUR
SIEB
SIEB
Q4 25
-1.9%
Q3 25
-14.8%
6.0%
Q2 25
-20.3%
-31.7%
Q1 25
-6.9%
29.9%
Q4 24
8.7%
Q3 24
-13.3%
17.0%
Q2 24
-15.5%
19.4%
Q1 24
-1.0%
18.0%
EPS (diluted)
ASUR
ASUR
SIEB
SIEB
Q4 25
$-0.01
Q3 25
$-0.19
$0.04
Q2 25
$-0.22
$-0.12
Q1 25
$-0.09
$0.22
Q4 24
$0.04
Q3 24
$-0.15
$0.10
Q2 24
$-0.17
$0.10
Q1 24
$-0.01
$0.09

Balance Sheet & Financial Strength

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

Metric
ASUR
ASUR
SIEB
SIEB
Cash + ST InvestmentsLiquidity on hand
$21.5M
$22.4M
Total DebtLower is stronger
$70.4M
$4.1M
Stockholders' EquityBook value
$193.1M
$89.2M
Total Assets
$447.1M
$759.0M
Debt / EquityLower = less leverage
0.36×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASUR
ASUR
SIEB
SIEB
Q4 25
$22.4M
Q3 25
$21.5M
$19.6M
Q2 25
$66.0M
$28.9M
Q1 25
$14.1M
$25.7M
Q4 24
$32.6M
Q3 24
$11.2M
$4.4M
Q2 24
$20.7M
$5.2M
Q1 24
$23.2M
$2.9M
Total Debt
ASUR
ASUR
SIEB
SIEB
Q4 25
$4.1M
Q3 25
$70.4M
$4.2M
Q2 25
$67.4M
$4.2M
Q1 25
$14.1M
$4.2M
Q4 24
$4.2M
Q3 24
$7.5M
$4.2M
Q2 24
$6.0M
$4.3M
Q1 24
$5.3M
$4.3M
Stockholders' Equity
ASUR
ASUR
SIEB
SIEB
Q4 25
$89.2M
Q3 25
$193.1M
$90.9M
Q2 25
$194.3M
$89.0M
Q1 25
$197.7M
$93.3M
Q4 24
$84.1M
Q3 24
$199.2M
$82.3M
Q2 24
$195.5M
$78.2M
Q1 24
$197.7M
$73.8M
Total Assets
ASUR
ASUR
SIEB
SIEB
Q4 25
$759.0M
Q3 25
$447.1M
$607.5M
Q2 25
$505.6M
$560.5M
Q1 25
$498.9M
$534.2M
Q4 24
$519.7M
Q3 24
$428.1M
$579.2M
Q2 24
$420.1M
$609.1M
Q1 24
$469.3M
$742.3M
Debt / Equity
ASUR
ASUR
SIEB
SIEB
Q4 25
0.05×
Q3 25
0.36×
0.05×
Q2 25
0.35×
0.05×
Q1 25
0.07×
0.05×
Q4 24
0.05×
Q3 24
0.04×
0.05×
Q2 24
0.03×
0.05×
Q1 24
0.03×
0.06×

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
SIEB
SIEB
Operating Cash FlowLast quarter
$5.8M
$10.2M
Free Cash FlowOCF − Capex
$5.7M
$9.7M
FCF MarginFCF / Revenue
15.6%
41.1%
Capex IntensityCapex / Revenue
0.3%
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$11.6M
$19.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASUR
ASUR
SIEB
SIEB
Q4 25
$10.2M
Q3 25
$5.8M
$43.7M
Q2 25
$3.2M
$631.0K
Q1 25
$2.0M
$-34.5M
Q4 24
$10.1M
Q3 24
$1.3M
$3.0M
Q2 24
$2.2M
$18.6M
Q1 24
$-3.9M
$-47.0M
Free Cash Flow
ASUR
ASUR
SIEB
SIEB
Q4 25
$9.7M
Q3 25
$5.7M
$43.3M
Q2 25
$3.0M
$570.0K
Q1 25
$1.8M
$-34.5M
Q4 24
$9.8M
Q3 24
$1.2M
Q2 24
$2.1M
$18.6M
Q1 24
$-4.2M
$-47.0M
FCF Margin
ASUR
ASUR
SIEB
SIEB
Q4 25
41.1%
Q3 25
15.6%
161.5%
Q2 25
9.8%
3.8%
Q1 25
5.2%
-119.4%
Q4 24
49.1%
Q3 24
3.9%
Q2 24
7.5%
89.0%
Q1 24
-13.2%
-229.7%
Capex Intensity
ASUR
ASUR
SIEB
SIEB
Q4 25
2.3%
Q3 25
0.3%
1.2%
Q2 25
0.7%
0.4%
Q1 25
0.6%
0.2%
Q4 24
1.1%
Q3 24
0.6%
0.0%
Q2 24
0.5%
0.2%
Q1 24
0.8%
0.1%
Cash Conversion
ASUR
ASUR
SIEB
SIEB
Q4 25
Q3 25
26.89×
Q2 25
Q1 25
-3.98×
Q4 24
5.79×
Q3 24
0.77×
Q2 24
4.60×
Q1 24
-12.74×

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%

SIEB
SIEB

Margin Interest$14.0M59%
Other Incomes$3.6M15%
Proprietary Trading$2.6M11%
Market Making$2.2M9%
Media Sports And Entertainment$1.2M5%

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