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ASURE SOFTWARE INC（ASUR）与CREATIVE REALITIES, INC.（CREX）财务数据对比。点击上方公司名可切换其他公司
ASURE SOFTWARE INC的季度营收约是CREATIVE REALITIES, INC.的1.5倍（$36.3M vs $23.9M）。CREATIVE REALITIES, INC.净利率更高（-8.2% vs -14.8%，领先6.6%）。CREATIVE REALITIES, INC.同比增速更快（117.2% vs 23.7%）。ASURE SOFTWARE INC自由现金流更多（$5.7M vs $-4.6M）。过去两年CREATIVE REALITIES, INC.的营收复合增速更高（39.5% vs 11.2%）
Asure Software是一家软件企业，其前身为Forgent Networks，2007年9月完成品牌更名后，业务逐渐拓展至人力资本管理领域，为客户提供薪资发放、考勤管理、人才管理、人力资源管理、福利管理以及保险相关服务等解决方案。
Creative Realities, Inc.是一家端到端沉浸式数字体验解决方案提供商，主营互动数字标牌、内容管理软件及定制体验设计服务，主要面向北美零售、酒店、医疗、企业办公及公共领域客户，助力品牌提升客户参与度与运营效率。
ASUR vs CREX — 直观对比
营收规模更大
ASUR
是对方的1.5倍
$23.9M
营收增速更快
CREX
高出93.5%
23.7%
净利率更高
CREX
高出6.6%
-14.8%
自由现金流更多
ASUR
多$10.2M
$-4.6M
两年增速更快
CREX
近两年复合增速
11.2%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $36.3M | $23.9M |
| 净利润 | $-5.4M | $-2.0M |
| 毛利率 | 63.8% | 47.9% |
| 营业利润率 | -9.7% | 1.9% |
| 净利率 | -14.8% | -8.2% |
| 营收同比 | 23.7% | 117.2% |
| 净利润同比 | -37.5% | 30.8% |
| 每股收益（稀释后） | $-0.19 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ASURCREX
| Q4 25 | — | $23.9M | ||
| Q3 25 | $36.3M | $10.5M | ||
| Q2 25 | $30.1M | $13.0M | ||
| Q1 25 | $34.9M | $9.7M | ||
| Q4 24 | — | $11.0M | ||
| Q3 24 | $29.3M | $14.4M | ||
| Q2 24 | $28.0M | $13.1M | ||
| Q1 24 | $31.7M | $12.3M |
净利润ASURCREX
| Q4 25 | — | $-2.0M | ||
| Q3 25 | $-5.4M | $-7.9M | ||
| Q2 25 | $-6.1M | $-1.8M | ||
| Q1 25 | $-2.4M | $3.4M | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | $-3.9M | $54.0K | ||
| Q2 24 | $-4.4M | $-615.0K | ||
| Q1 24 | $-308.0K | $-109.0K |
毛利率ASURCREX
| Q4 25 | — | 47.9% | ||
| Q3 25 | 63.8% | 45.3% | ||
| Q2 25 | 66.1% | 38.5% | ||
| Q1 25 | 70.6% | 45.7% | ||
| Q4 24 | — | 44.2% | ||
| Q3 24 | 67.2% | 45.6% | ||
| Q2 24 | 67.3% | 51.8% | ||
| Q1 24 | 71.4% | 46.9% |
营业利润率ASURCREX
| Q4 25 | — | 1.9% | ||
| Q3 25 | -9.7% | -68.9% | ||
| Q2 25 | -15.4% | -10.2% | ||
| Q1 25 | -5.8% | -7.4% | ||
| Q4 24 | — | -6.5% | ||
| Q3 24 | -12.4% | 7.9% | ||
| Q2 24 | -14.9% | 4.5% | ||
| Q1 24 | -1.4% | -0.6% |
净利率ASURCREX
| Q4 25 | — | -8.2% | ||
| Q3 25 | -14.8% | -74.5% | ||
| Q2 25 | -20.3% | -13.9% | ||
| Q1 25 | -6.9% | 34.6% | ||
| Q4 24 | — | -25.8% | ||
| Q3 24 | -13.3% | 0.4% | ||
| Q2 24 | -15.5% | -4.7% | ||
| Q1 24 | -1.0% | -0.9% |
每股收益（稀释后）ASURCREX
| Q4 25 | — | — | ||
| Q3 25 | $-0.19 | $-0.75 | ||
| Q2 25 | $-0.22 | $-0.17 | ||
| Q1 25 | $-0.09 | $0.32 | ||
| Q4 24 | — | $-0.28 | ||
| Q3 24 | $-0.15 | $0.01 | ||
| Q2 24 | $-0.17 | $-0.06 | ||
| Q1 24 | $-0.01 | $-0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $21.5M | $1.6M |
| 总债务越低越好 | $70.4M | $44.0M |
| 股东权益账面价值 | $193.1M | $21.5M |
| 总资产 | $447.1M | $151.0M |
| 负债/权益比越低杠杆越低 | 0.36× | 2.04× |
8季度趋势，按日历期对齐
现金及短期投资ASURCREX
| Q4 25 | — | $1.6M | ||
| Q3 25 | $21.5M | $314.0K | ||
| Q2 25 | $66.0M | $569.0K | ||
| Q1 25 | $14.1M | $1.1M | ||
| Q4 24 | — | $1.0M | ||
| Q3 24 | $11.2M | $868.0K | ||
| Q2 24 | $20.7M | $4.1M | ||
| Q1 24 | $23.2M | $2.9M |
总债务ASURCREX
| Q4 25 | — | $44.0M | ||
| Q3 25 | $70.4M | $22.0M | ||
| Q2 25 | $67.4M | $19.9M | ||
| Q1 25 | $14.1M | $23.0M | ||
| Q4 24 | — | $13.0M | ||
| Q3 24 | $7.5M | $10.7M | ||
| Q2 24 | $6.0M | $13.6M | ||
| Q1 24 | $5.3M | $12.8M |
股东权益ASURCREX
| Q4 25 | — | $21.5M | ||
| Q3 25 | $193.1M | $21.9M | ||
| Q2 25 | $194.3M | $29.4M | ||
| Q1 25 | $197.7M | $29.9M | ||
| Q4 24 | — | $25.5M | ||
| Q3 24 | $199.2M | $28.3M | ||
| Q2 24 | $195.5M | $28.2M | ||
| Q1 24 | $197.7M | $28.8M |
总资产ASURCREX
| Q4 25 | — | $151.0M | ||
| Q3 25 | $447.1M | $61.3M | ||
| Q2 25 | $505.6M | $63.7M | ||
| Q1 25 | $498.9M | $67.0M | ||
| Q4 24 | — | $65.2M | ||
| Q3 24 | $428.1M | $67.6M | ||
| Q2 24 | $420.1M | $69.6M | ||
| Q1 24 | $469.3M | $68.2M |
负债/权益比ASURCREX
| Q4 25 | — | 2.04× | ||
| Q3 25 | 0.36× | 1.00× | ||
| Q2 25 | 0.35× | 0.68× | ||
| Q1 25 | 0.07× | 0.77× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | 0.04× | 0.38× | ||
| Q2 24 | 0.03× | 0.48× | ||
| Q1 24 | 0.03× | 0.44× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $5.8M | $-4.5M |
| 自由现金流经营现金流 - 资本支出 | $5.7M | $-4.6M |
| 自由现金流率自由现金流/营收 | 15.6% | -19.1% |
| 资本支出强度资本支出/营收 | 0.3% | 0.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $11.6M | $-8.1M |
8季度趋势，按日历期对齐
经营现金流ASURCREX
| Q4 25 | — | $-4.5M | ||
| Q3 25 | $5.8M | $-1.6M | ||
| Q2 25 | $3.2M | $773.0K | ||
| Q1 25 | $2.0M | $-2.4M | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | $1.3M | $544.0K | ||
| Q2 24 | $2.2M | $2.3M | ||
| Q1 24 | $-3.9M | $1.9M |
自由现金流ASURCREX
| Q4 25 | — | $-4.6M | ||
| Q3 25 | $5.7M | $-1.7M | ||
| Q2 25 | $3.0M | $672.0K | ||
| Q1 25 | $1.8M | $-2.5M | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | $1.2M | $543.0K | ||
| Q2 24 | $2.1M | $2.3M | ||
| Q1 24 | $-4.2M | $1.9M |
自由现金流率ASURCREX
| Q4 25 | — | -19.1% | ||
| Q3 25 | 15.6% | -16.2% | ||
| Q2 25 | 9.8% | 5.2% | ||
| Q1 25 | 5.2% | -25.2% | ||
| Q4 24 | — | -12.5% | ||
| Q3 24 | 3.9% | 3.8% | ||
| Q2 24 | 7.5% | 17.3% | ||
| Q1 24 | -13.2% | 15.7% |
资本支出强度ASURCREX
| Q4 25 | — | 0.4% | ||
| Q3 25 | 0.3% | 1.0% | ||
| Q2 25 | 0.7% | 0.8% | ||
| Q1 25 | 0.6% | 0.1% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | 0.6% | 0.0% | ||
| Q2 24 | 0.5% | 0.0% | ||
| Q1 24 | 0.8% | 0.0% |
现金转化率ASURCREX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 10.07× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ASUR
| Recurring | $31.8M | 88% |
| Lathem Time | $4.6M | 13% |
CREX
| Service And Other | $17.3M | 72% |
| Managed Services | $4.7M | 20% |
| Installation Services | $1.7M | 7% |
