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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% | - |
| 2024 | $562M | $127M | $-41M | $94M | -5.5% | 5.1% | - |
| 2023 | $535M | $108M | $-46M | $82M | -5.5% | -13.8% | - |
| 2022 | $621M | $80M | $-60M | $47M | -6.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 620.75 | 534.87 | 562.18 | 588.91 |
| Cost Of Revenue | 217.38 | 127.41 | 124.79 | 132.06 |
| Gross Profit | 403.37 | 407.47 | 437.40 | 456.84 |
| Operating Expense | 433.96 | 404.06 | 399.53 | 397.51 |
| Operating Income | -30.59 | 3.40 | 37.87 | 59.34 |
| EBITDA | 80.21 | 107.61 | 126.70 | 127.76 |
| EBIT | -30.59 | 3.40 | 37.87 | 59.34 |
| Pretax Income | -64.50 | -49.33 | -9.36 | 21.16 |
| Tax Provision | -4.68 | 1.38 | 5.84 | 2.96 |
| Net Income | -59.82 | -45.62 | -41.09 | 17.60 |
| Net Income Common Stockholders | -59.82 | -45.62 | -41.09 | 17.60 |
| Total Expenses | 651.34 | 531.47 | 524.31 | 529.57 |
| Interest Expense | 33.90 | 46.41 | 35.56 | 0 |
| Research And Development | 71.62 | 72.14 | 76.18 | 79.02 |
| Selling General And Administration | 251.54 | 237.04 | 242.70 | 251.26 |
| Normalized EBITDA | 80.21 | 113.93 | 138.37 | 127.84 |
| Normalized Income | -59.82 | -45.71 | -5.98 | 18.28 |
| Basic EPS | -0.31 | -0.24 | -0.22 | 0 |
| Diluted EPS | -0.31 | -0.24 | -0.22 | 0 |
| Tax Effect Of Unusual Items | 0 | -1.33 | -2.45 | -0.01 |
| Tax Rate For Calcs | 0.07 | 0.21 | 0.21 | 0.14 |
| Total Unusual Items | 0 | -6.33 | -11.67 | -0.09 |
| Total Unusual Items Excluding Goodwill | 0 | -6.33 | -11.67 | -0.09 |
| Net Income From Continuing Operation Net Minority Interest | -59.82 | -50.70 | -15.20 | 18.20 |
| Reconciled Depreciation | 110.80 | 104.20 | 88.82 | 68.42 |
| Reconciled Cost Of Revenue | 217.38 | 118.08 | 116.61 | 130.87 |
| Net Interest Income | -33.90 | -46.41 | -35.56 | -38.09 |
| Net Income From Continuing And Discontinued Operation | -59.82 | -45.62 | -41.09 | 17.60 |
| Total Operating Income As Reported | -30.59 | -2.92 | 26.20 | 59.25 |
| Diluted Average Shares | 194.62 | 188.94 | 184.90 | 0 |
| Basic Average Shares | 194.62 | 188.94 | 184.90 | 0 |
| Diluted NI Availto Com Stockholders | -59.82 | -45.62 | -41.09 | 17.60 |
| Otherunder Preferred Stock Dividend | 0 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | -59.82 | -45.62 | -41.09 | 17.60 |
| Net Income Discontinuous Operations | 0 | 5.08 | -25.89 | -0.60 |
| Net Income Continuous Operations | -59.82 | -50.70 | -15.20 | 18.20 |
| Other Income Expense | 0 | -6.33 | -11.67 | -0.09 |
| Special Income Charges | 0 | -6.33 | -11.67 | -0.09 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 6.33 | 0 | 0 |
| Net Non Operating Interest Income Expense | -33.90 | -46.41 | -35.56 | -38.09 |
| Total Other Finance Cost | 0 | 46.41 | 35.56 | 38.09 |
| Interest Expense Non Operating | 33.90 | 46.41 | 35.56 | 0 |
| 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 |
| Selling And Marketing Expense | 119.06 | 113.69 | 114.10 | 119.50 |
| General And Administrative Expense | 132.48 | 123.35 | 128.60 | 131.76 |
| Other Gand A | 132.48 | 123.35 | 128.60 | 131.76 |
| Operating Revenue | 599.94 | 515.12 | 542.98 | 566.91 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| EverCommerce Inc.this co. | EVCM | $2.1B | 116.00↑ premium | 2.88 | 2.5% | 22.51 |
| AvePoint, Inc. | AVPT | $2.1B | 66.13 | 4.46 | 7.3% | 42.12 |
| ZoomInfo Technologies Inc. | GTM | $2.0B | 15.07 | 1.24 | 8.2% | 10.02 |
| A10 Networks, Inc. | ATEN | $2.0B | 46.91 | 9.34 | 19.9% | 28.97 |
| Vertex, Inc. | VERX | $2.0B | 306.75 |
| 7.55 |
| 2.8% |
| 174.36 |
| BlackLine, Inc. | BL | $1.9B | 74.43 | 5.49 | 7.4% | 22.45 |
| EVERTEC, Inc. | EVTC | $1.9B | 12.84 | 2.93 | 22.8% | 7.67 |
| Marqeta, Inc. | MQ | $1.9B | - | 2.51 | -1.8% | -55.78 |
| Intapp, Inc. | INTA | $1.9B | - | 4.54 | -3.5% | -100.91 |
| Peer Median | - | 56.52 | 4.50 | 7.3% | 16.24 | |