- The shares still haven’t recovered from a disappointing Q3, and visibility a little hampered by the large number of acquisitions.
- However, we expect the positives of these acquisitions to gradually outweigh the cost during the year, generating significant cost and revenue synergies.
- The shares are also pretty cheap, but the company’s recent history is full of dilution and debt issuance, mostly to pay for all these acquisitions.
- Management promises positive cash flow this year, which is pretty crucial in our view, given the debt and dilution.
Asure Software Has Been Punished Too Much
May 11th, 2019 · No Comments