Recurring was the largest of Asure Software Inc’s 2 reported lines in fiscal 2020, at $63.32M — 97% of $65.51M.
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Recurring | — | $58.89M | $70.07M | $63.32M |
| Cloud Revenue | $39.27M | — | — | — |
| Hardware Revenue | $4.70M | — | — | — |
| Maintenance Revenue | $4.45M | — | — | — |
| Professional Services, Hardware & Other | — | $4.74M | $3.08M | $2.19M |
| Professional Services Revenue | $4.63M | — | — | — |
| Other | $1.39M | — | — | — |
| Total | $54.44M | $63.63M | $73.15M | $65.51M |
In fiscal 2020, which ended December 31, 2020, the 2 revenue lines Asure Software Inc reported in this breakdown added up to $65.51M. That was down 10.4% from $73.15M in fiscal 2019. Recurring was the largest revenue line, at $63.32M or 96.7% of the total, followed by Professional Services, Hardware & Other ($2.19M, 3.3%).
Compared with fiscal 2019, every sizeable revenue line reported in both years shrank. Recurring held up best, down 9.6% to $63.32M, while Professional Services, Hardware & Other fell the most, down 28.9% to $2.19M.
Recurring (fiscal 2018) and Professional Services, Hardware & Other (fiscal 2018) were first reported as separate revenue lines during this period. The table also keeps 5 revenue lines that Asure Software Inc no longer reports, so earlier years can still be read on their original basis; use "Show 5 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2017 to 2020, as reported in Asure Software Inc's annual filings.
Asure Software Inc (ASUR) breaks its revenue down by revenue line. In fiscal 2020, its largest revenue line was Recurring, with $63.32M or 96.7% of the total, followed by Professional Services, Hardware & Other at $2.19M (3.3%).
Recurring was Asure Software Inc's largest revenue line in fiscal 2020, with $63.32M in revenue, 96.7% of the $65.51M reported across its 2 revenue lines.
Every figure is taken from Asure Software Inc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2017 to 2020. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.