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Chief Executive Officer Leonard Livschitz called the quarter pivotal, noting that the company met its 300-basis-point margin improvement commitment one quarter ahead of schedule. He attributed the gains to structural changes in theBusinessmodel rather than a one-time effect.
The results arrived two weeks after Asure refinanced itsDebtand closed anAcquisitionaimed at mid-market payroll customers. Chief Executive Officer Pat Goepel said organic growth improved during the quarter and that the company expects a strong finish to 2026.
The company, formerly U-BX Technology Ltd., completed its name change on 15 July 2026 and moved its Class A shares from the UBXG symbol to MF on theNasdaq Capital Marketon 20 July 2026.
The company also said it believes its stockholders'Equitynow exceeds the US$2.5 million minimum required under Nasdaq's continued listing rules, the last outstanding condition set by a Nasdaq Hearings Panel.
Chief Executive Officer Victor Limongelli described the quarter as excellent, pointing to 16% subscription revenue growth and a 12% rise in operating income, and said the company is improving execution in both segments while investing for long-term growth.
Revenue for the quarter ended 30 September 2026 reached US$112.1 million, up 8.3% from US$103.4 million. Excluding PeopleSoft, adjusted revenue grew 10.7% to US$109.3 million.
The Singapore-based enterprise resource planning (ERP) software provider said the move is intended to maintain compliance with Nasdaq's US$1.00 minimum bid price requirement. A 1-for-40 consolidation had taken effect on 28 May 2026.
The Hong Kong-based information and communications technology (ICT) solutions provider posted a net loss of HK$16.0 million, or about US$2.04 million, compared with HK$5.84 million a year earlier.
Gross profit increased to S$201,766 from S$39,766, and the net loss narrowed to S$1,419,055 from S$5,225,296. Administrative expenses dropped to about S$1.62 million from about S$5.28 million; the prior-year figure included about S$2.79 million of share-based payments.
The Airo annualized bookings run rate passed US$100 million in Q3 2026, compared with about US$50 million one quarter earlier. GoDaddy said Airo has begun contributing incrementally to bookings growth and is becoming its flagship website product.
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