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EverCommerce Inc., together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium-sized businesses in the United States and internationally. Its solutions include business management software that offers route-based dispatching and medical practice management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation. The company also provides EverPro suite of solutions for home services; EverHealth suite of solutions for health services; and EverWell suite of solutions for wellness services. In addition, the company offers professional services, such as consulting, implementation, and training; and sells hardware products. It serves home service professionals, such as home improvement contractors and home maintenance technicians; physician practices and therapists in the health services industry; and salon owners within the wellness sector. The company was formerly known as PaySimple Holdings, Inc. and changed its name to EverCommerce Inc. in December 2020. EverCommerce Inc. was incorporated in 2016 and is headquartered in Denver, Colorado.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $589M | $128M | $18M | $80M | 2.5% | 4.8% | -142.8% |
| 2024 | $562M | $127M | $-41M | $94M | -5.5% | 5.1% | -9.9% |
| 2023 | $535M | $108M | $-46M | $82M | -5.5% | -13.8% | -23.7% |
| 2022 | $621M | $80M | $-60M | $47M | -6.6% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 620.75 | 534.87 | 562.18 | 588.91 |
| Operating Revenue | - | 599.94 | 515.12 | 542.98 | 566.92 |
| Cost Of Revenue | - | 217.38 | 127.40 | 124.79 | 132.06 |
| Gross Profit | - | 403.37 | 407.47 | 437.40 | 456.84 |
| Operating Expense | - | 433.96 | 404.06 | 399.53 | 397.51 |
| Research And Development | - | 71.62 | 72.14 | 76.18 | 79.02 |
| Selling General And Administration | - | 251.54 | 237.04 | 242.70 | 251.26 |
| Total Expenses | - | 651.34 | 531.47 | 524.31 | 529.57 |
| Operating Income | - | -30.59 | 3.40 | 37.87 | 59.34 |
| Total Operating Income As Reported | - | -30.59 | -2.92 | 26.20 | 59.25 |
| EBITDA | - | 80.21 | 107.61 | 126.70 | 127.76 |
| Normalized EBITDA | - | 80.21 | 113.93 | 138.37 | 127.84 |
| EBIT | - | -30.59 | 3.40 | 37.87 | 59.34 |
| Interest Expense | 36.11 | 33.90 | 46.41 | 35.56 | - |
| Net Interest Income | - | -33.90 | -46.41 | -35.56 | -38.09 |
| Other Income Expense | -28.71 | - | -6.32 | -11.67 | -0.08 |
| Interest Expense Non Operating | 36.11 | 33.90 | 46.41 | 35.56 | - |
| Net Non Operating Interest Income Expense | - | -33.90 | -46.41 | -35.56 | -38.09 |
| Pretax Income | - | -64.50 | -49.33 | -9.36 | 21.16 |
| Tax Provision | - | -4.68 | 1.38 | 5.84 | 2.96 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -1.33 | -2.45 | -0.01 |
| Net Income Continuous Operations | - | -59.82 | -50.70 | -15.20 | 18.20 |
| Net Income From Continuing And Discontinued Operation | - | -59.82 | -45.62 | -41.09 | 17.60 |
| Net Income From Continuing Operation Net Minority Interest | - | -59.82 | -50.70 | -15.20 | 18.20 |
| Net Income | - | -59.82 | -45.62 | -41.09 | 17.60 |
| Net Income Common Stockholders | - | -59.82 | -45.62 | -41.09 | 17.60 |
| Net Income Including Noncontrolling Interests | - | -59.82 | -45.62 | -41.09 | 17.60 |
| Normalized Income | - | -59.82 | -45.71 | -5.98 | 18.28 |
| Diluted NI Availto Com Stockholders | - | -59.82 | -45.62 | -41.09 | 17.60 |
| Basic Average Shares | 117.80 | 194.62 | 188.94 | 184.90 | - |
| Diluted Average Shares | 117.80 | 194.62 | 188.94 | 184.90 | - |
| Reconciled Depreciation | - | 110.80 | 104.20 | 88.82 | 68.42 |
| Reconciled Cost Of Revenue | - | 217.38 | 118.08 | 116.61 | 130.87 |
| Total Unusual Items | - | 0 | -6.32 | -11.67 | -0.08 |
| Total Unusual Items Excluding Goodwill | - | 0 | -6.32 | -11.67 | -0.08 |
| Net Income Discontinuous Operations | - | - | 5.08 | -25.89 | -0.60 |
| Special Income Charges | - | 0 | -6.32 | -11.67 | -0.08 |
| Other Special Charges | 28.71 | - | - | - | - |
| Impairment Of Capital Assets | 0 | 0 | 6.32 | - | - |
| Depreciation Amortization Depletion Income Statement | - | 110.80 | 94.87 | 80.65 | 67.23 |
| Depreciation And Amortization In Income Statement | - | 110.80 | 94.87 | 80.65 | 67.23 |
| General And Administrative Expense | - | 132.48 | 123.35 | 128.60 | 131.76 |
| Other Gand A | - | 132.48 | 123.35 | 128.60 | 131.76 |
| Total Other Finance Cost | - | - | 46.41 | 35.56 | 38.09 |
| Selling And Marketing Expense | - | 119.06 | 113.69 | 114.10 | 119.50 |
| Otherunder Preferred Stock Dividend | 15.10 | 0 | 0 | - | - |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| EverCommerce Inc.this co. | EVCM | $1.7B | 95.62 | 2.35 | 2.5% | 16.25 |
| Alkami Technology, Inc. | ALKT | $1.7B | -36.34 | 4.78 | -13.2% | -90.26 |
| Wealthfront Corporation | WLTH | $1.7B | -40.87 | 2.80 | -6.8% | -13.86 |
| Payoneer Global Inc. | PAYO | $1.7B | 23.46 | 2.44 | 10.4% | 7.22 |
| Arteris, Inc. | AIP | $1.7B | -49.42 |
| - |
| - |
| - |
| - |
| - |
| -117.35 |
| 237.5% |
| -62.82 |
| Marqeta, Inc. | MQ | $1.7B | -122.72 | 2.24 | -1.8% | -52.72 |
| Vishay Precision Group, Inc. | VPG | $1.7B | 322.26 | 5.07 | 1.6% | 62.39 |
| BlackLine, Inc. | BL | $1.7B | 68.68 | 5.07 | 7.4% | 17.41 |
| Harmonic Inc. | HLIT | $1.6B | -36.60 | 4.14 | -11.3% | 67.15 |
| Peer Median | - | -36.47 | 3.47 | -0.1% | -3.32 | |