vs

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

ASURE SOFTWARE INC is the larger business by last-quarter revenue ($36.3M vs $23.0M, roughly 1.6× Tectonic Financial, Inc.). Tectonic Financial, Inc. runs the higher net margin — 23.8% vs -14.8%, a 38.6% gap on every dollar of revenue. On growth, ASURE SOFTWARE INC posted the faster year-over-year revenue change (23.7% vs 17.9%). ASURE SOFTWARE INC produced more free cash flow last quarter ($5.7M vs $-17.3M). Over the past eight quarters, Tectonic Financial, Inc.'s revenue compounded faster (270.5% 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.

Tectonic Financial, Inc. is a US-based diversified financial services provider. It offers core services including wealth management, investment banking, capital markets advisory, and tailored financial solutions. Its key client segments cover high-net-worth individuals, institutional investors, and small to mid-sized enterprises across North America.

ASUR vs TECTP — Head-to-Head

Bigger by revenue
ASUR
ASUR
1.6× larger
ASUR
$36.3M
$23.0M
TECTP
Growing faster (revenue YoY)
ASUR
ASUR
+5.8% gap
ASUR
23.7%
17.9%
TECTP
Higher net margin
TECTP
TECTP
38.6% more per $
TECTP
23.8%
-14.8%
ASUR
More free cash flow
ASUR
ASUR
$22.9M more FCF
ASUR
$5.7M
$-17.3M
TECTP
Faster 2-yr revenue CAGR
TECTP
TECTP
Annualised
TECTP
270.5%
11.2%
ASUR

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ASUR
ASUR
TECTP
TECTP
Revenue
$36.3M
$23.0M
Net Profit
$-5.4M
$5.5M
Gross Margin
63.8%
Operating Margin
-9.7%
30.6%
Net Margin
-14.8%
23.8%
Revenue YoY
23.7%
17.9%
Net Profit YoY
-37.5%
15.9%
EPS (diluted)
$-0.19
$0.73

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
TECTP
TECTP
Q3 25
$36.3M
$23.0M
Q2 25
$30.1M
$21.6M
Q1 25
$34.9M
$21.8M
Q4 24
$21.4M
Q3 24
$29.3M
$19.5M
Q2 24
$28.0M
$18.6M
Q1 24
$31.7M
$17.6M
Q4 23
$26.3M
$1.7M
Net Profit
ASUR
ASUR
TECTP
TECTP
Q3 25
$-5.4M
$5.5M
Q2 25
$-6.1M
$4.3M
Q1 25
$-2.4M
$4.5M
Q4 24
$3.0M
Q3 24
$-3.9M
$4.7M
Q2 24
$-4.4M
$3.1M
Q1 24
$-308.0K
$3.1M
Q4 23
$-3.6M
$3.3M
Gross Margin
ASUR
ASUR
TECTP
TECTP
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%
Q4 23
67.9%
Operating Margin
ASUR
ASUR
TECTP
TECTP
Q3 25
-9.7%
30.6%
Q2 25
-15.4%
25.9%
Q1 25
-5.8%
26.0%
Q4 24
22.1%
Q3 24
-12.4%
29.1%
Q2 24
-14.9%
21.5%
Q1 24
-1.4%
22.2%
Q4 23
-14.3%
Net Margin
ASUR
ASUR
TECTP
TECTP
Q3 25
-14.8%
23.8%
Q2 25
-20.3%
19.8%
Q1 25
-6.9%
20.4%
Q4 24
14.0%
Q3 24
-13.3%
24.2%
Q2 24
-15.5%
16.9%
Q1 24
-1.0%
17.4%
Q4 23
-13.6%
197.4%
EPS (diluted)
ASUR
ASUR
TECTP
TECTP
Q3 25
$-0.19
$0.73
Q2 25
$-0.22
$0.55
Q1 25
$-0.09
$0.57
Q4 24
$0.35
Q3 24
$-0.15
$0.58
Q2 24
$-0.17
$0.38
Q1 24
$-0.01
$0.37
Q4 23
$-0.16
$0.40

Balance Sheet & Financial Strength

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

Metric
ASUR
ASUR
TECTP
TECTP
Cash + ST InvestmentsLiquidity on hand
$21.5M
Total DebtLower is stronger
$70.4M
Stockholders' EquityBook value
$193.1M
$119.2M
Total Assets
$447.1M
$1.1B
Debt / EquityLower = less leverage
0.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASUR
ASUR
TECTP
TECTP
Q3 25
$21.5M
Q2 25
$66.0M
Q1 25
$14.1M
Q4 24
Q3 24
$11.2M
Q2 24
$20.7M
Q1 24
$23.2M
Q4 23
$30.3M
Total Debt
ASUR
ASUR
TECTP
TECTP
Q3 25
$70.4M
Q2 25
$67.4M
Q1 25
$14.1M
Q4 24
Q3 24
$7.5M
Q2 24
$6.0M
Q1 24
$5.3M
Q4 23
$4.3M
Stockholders' Equity
ASUR
ASUR
TECTP
TECTP
Q3 25
$193.1M
$119.2M
Q2 25
$194.3M
$114.6M
Q1 25
$197.7M
$111.3M
Q4 24
$113.4M
Q3 24
$199.2M
$112.8M
Q2 24
$195.5M
$110.4M
Q1 24
$197.7M
$108.5M
Q4 23
$191.7M
$106.9M
Total Assets
ASUR
ASUR
TECTP
TECTP
Q3 25
$447.1M
$1.1B
Q2 25
$505.6M
$997.0M
Q1 25
$498.9M
$910.5M
Q4 24
$863.4M
Q3 24
$428.1M
$847.5M
Q2 24
$420.1M
$777.1M
Q1 24
$469.3M
$777.6M
Q4 23
$443.9M
$677.3M
Debt / Equity
ASUR
ASUR
TECTP
TECTP
Q3 25
0.36×
Q2 25
0.35×
Q1 25
0.07×
Q4 24
Q3 24
0.04×
Q2 24
0.03×
Q1 24
0.03×
Q4 23
0.02×

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
TECTP
TECTP
Operating Cash FlowLast quarter
$5.8M
$-17.3M
Free Cash FlowOCF − Capex
$5.7M
$-17.3M
FCF MarginFCF / Revenue
15.6%
-74.9%
Capex IntensityCapex / Revenue
0.3%
0.0%
Cash ConversionOCF / Net Profit
-3.14×
TTM Free Cash FlowTrailing 4 quarters
$11.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASUR
ASUR
TECTP
TECTP
Q3 25
$5.8M
$-17.3M
Q2 25
$3.2M
$-32.5M
Q1 25
$2.0M
$-35.6M
Q4 24
$-86.6M
Q3 24
$1.3M
$-22.5M
Q2 24
$2.2M
$-30.7M
Q1 24
$-3.9M
$-3.2M
Q4 23
$7.1M
$-16.7M
Free Cash Flow
ASUR
ASUR
TECTP
TECTP
Q3 25
$5.7M
$-17.3M
Q2 25
$3.0M
Q1 25
$1.8M
$-35.6M
Q4 24
$-86.8M
Q3 24
$1.2M
$-22.5M
Q2 24
$2.1M
$-30.7M
Q1 24
$-4.2M
$-3.3M
Q4 23
$6.8M
$-16.7M
FCF Margin
ASUR
ASUR
TECTP
TECTP
Q3 25
15.6%
-74.9%
Q2 25
9.8%
Q1 25
5.2%
-163.2%
Q4 24
-406.5%
Q3 24
3.9%
-115.0%
Q2 24
7.5%
-165.5%
Q1 24
-13.2%
-18.8%
Q4 23
26.1%
-996.2%
Capex Intensity
ASUR
ASUR
TECTP
TECTP
Q3 25
0.3%
0.0%
Q2 25
0.7%
0.0%
Q1 25
0.6%
0.0%
Q4 24
1.0%
Q3 24
0.6%
0.1%
Q2 24
0.5%
0.3%
Q1 24
0.8%
0.9%
Q4 23
0.8%
0.4%
Cash Conversion
ASUR
ASUR
TECTP
TECTP
Q3 25
-3.14×
Q2 25
-7.61×
Q1 25
-8.00×
Q4 24
-28.99×
Q3 24
-4.74×
Q2 24
-9.76×
Q1 24
-1.03×
Q4 23
-5.04×

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%

TECTP
TECTP

Segment breakdown not available.

Related Comparisons