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ASURE SOFTWARE INC（ASUR）与KKR Real Estate Finance Trust Inc.（KREF）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KKR Real Estate Finance Trust Inc.的1.4倍（$36.3M vs $25.8M），ASURE SOFTWARE INC净利率更高（-14.8% vs -101.7%，领先87.0%），ASURE SOFTWARE INC同比增速更快（23.7% vs -26.6%），过去两年ASURE SOFTWARE INC的营收复合增速更高（11.2% vs -18.8%）
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。
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
ASUR vs KREF — 直观对比
营收规模更大
ASUR
是对方的1.4倍
$25.8M
营收增速更快
ASUR
高出50.3%
-26.6%
净利率更高
ASUR
高出87.0%
-101.7%
两年增速更快
ASUR
近两年复合增速
-18.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $36.3M | $25.8M |
| 净利润 | $-5.4M | $-26.2M |
| 毛利率 | 63.8% | — |
| 营业利润率 | -9.7% | -105.1% |
| 净利率 | -14.8% | -101.7% |
| 营收同比 | 23.7% | -26.6% |
| 净利润同比 | -37.5% | -229.6% |
| 每股收益（稀释后） | $-0.19 | $-0.49 |
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ASURKREF
| Q4 25 | — | $25.8M | ||
| Q3 25 | $36.3M | $25.3M | ||
| Q2 25 | $30.1M | $30.2M | ||
| Q1 25 | $34.9M | $31.3M | ||
| Q4 24 | — | $35.1M | ||
| Q3 24 | $29.3M | $37.0M | ||
| Q2 24 | $28.0M | $40.4M | ||
| Q1 24 | $31.7M | $39.1M |
净利润ASURKREF
| Q4 25 | — | $-26.2M | ||
| Q3 25 | $-5.4M | $13.8M | ||
| Q2 25 | $-6.1M | $-29.7M | ||
| Q1 25 | $-2.4M | $-4.9M | ||
| Q4 24 | — | $20.3M | ||
| Q3 24 | $-3.9M | $-7.4M | ||
| Q2 24 | $-4.4M | $25.8M | ||
| Q1 24 | $-308.0K | $-3.1M |
毛利率ASURKREF
| 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% | — |
营业利润率ASURKREF
| Q4 25 | — | -105.1% | ||
| Q3 25 | -9.7% | 50.4% | ||
| Q2 25 | -15.4% | -101.3% | ||
| Q1 25 | -5.8% | -18.3% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | -12.4% | -19.6% | ||
| Q2 24 | -14.9% | 63.3% | ||
| Q1 24 | -1.4% | -8.7% |
净利率ASURKREF
| Q4 25 | — | -101.7% | ||
| Q3 25 | -14.8% | 54.4% | ||
| Q2 25 | -20.3% | -98.5% | ||
| Q1 25 | -6.9% | -15.5% | ||
| Q4 24 | — | 57.7% | ||
| Q3 24 | -13.3% | -20.0% | ||
| Q2 24 | -15.5% | 63.9% | ||
| Q1 24 | -1.0% | -7.9% |
每股收益（稀释后）ASURKREF
| Q4 25 | — | $-0.49 | ||
| Q3 25 | $-0.19 | $0.12 | ||
| Q2 25 | $-0.22 | $-0.53 | ||
| Q1 25 | $-0.09 | $-0.15 | ||
| Q4 24 | — | $0.22 | ||
| Q3 24 | $-0.15 | $-0.19 | ||
| Q2 24 | $-0.17 | $0.29 | ||
| Q1 24 | $-0.01 | $-0.13 |
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 | $84.6M |
| 总债务越低越好 | $70.4M | — |
| 股东权益账面价值 | $193.1M | $1.2B |
| 总资产 | $447.1M | $6.5B |
| 负债/权益比越低杠杆越低 | 0.36× | — |
8季度趋势，按日历期对齐
现金及短期投资ASURKREF
| Q4 25 | — | $84.6M | ||
| Q3 25 | $21.5M | $204.1M | ||
| Q2 25 | $66.0M | $107.7M | ||
| Q1 25 | $14.1M | $106.4M | ||
| Q4 24 | — | $104.9M | ||
| Q3 24 | $11.2M | $108.8M | ||
| Q2 24 | $20.7M | $107.2M | ||
| Q1 24 | $23.2M | $106.5M |
总债务ASURKREF
| Q4 25 | — | — | ||
| 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 | — |
股东权益ASURKREF
| Q4 25 | — | $1.2B | ||
| Q3 25 | $193.1M | $1.2B | ||
| Q2 25 | $194.3M | $1.2B | ||
| Q1 25 | $197.7M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $199.2M | $1.4B | ||
| Q2 24 | $195.5M | $1.4B | ||
| Q1 24 | $197.7M | $1.4B |
总资产ASURKREF
| Q4 25 | — | $6.5B | ||
| Q3 25 | $447.1M | $6.5B | ||
| Q2 25 | $505.6M | $6.8B | ||
| Q1 25 | $498.9M | $6.6B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | $428.1M | $6.8B | ||
| Q2 24 | $420.1M | $7.1B | ||
| Q1 24 | $469.3M | $7.3B |
负债/权益比ASURKREF
| Q4 25 | — | — | ||
| 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× | — |
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 | $72.3M |
| 自由现金流经营现金流 - 资本支出 | $5.7M | — |
| 自由现金流率自由现金流/营收 | 15.6% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 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季度趋势，按日历期对齐
经营现金流ASURKREF
| Q4 25 | — | $72.3M | ||
| Q3 25 | $5.8M | $18.5M | ||
| Q2 25 | $3.2M | $21.1M | ||
| Q1 25 | $2.0M | $15.9M | ||
| Q4 24 | — | $132.6M | ||
| Q3 24 | $1.3M | $49.1M | ||
| Q2 24 | $2.2M | $30.6M | ||
| Q1 24 | $-3.9M | $34.5M |
自由现金流ASURKREF
| Q4 25 | — | — | ||
| Q3 25 | $5.7M | — | ||
| Q2 25 | $3.0M | — | ||
| Q1 25 | $1.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | $-4.2M | — |
自由现金流率ASURKREF
| Q4 25 | — | — | ||
| Q3 25 | 15.6% | — | ||
| Q2 25 | 9.8% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | -13.2% | — |
资本支出强度ASURKREF
| Q4 25 | — | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.8% | — |
现金转化率ASURKREF
| Q4 25 | — | — | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.19× | ||
| 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% |
KREF
暂无分部数据
