FALSE000185314500018531452024-11-122024-11-12

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 12, 2024
 
EVERCOMMERCE INC.
(Exact name of registrant as specified in its charter)
 
Delaware 001-40575 81-4063248
(State or other jurisdiction
of incorporation or organization)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
3601 Walnut Street, Suite 400
Denver, Colorado 80205
(Address of principal executive offices) (Zip Code)
(720) 647-4948
(Registrant’s telephone number, include area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolsName of each exchange on which registered
Common Stock, $0.00001 par value per shareEVCMThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 




Item 2.02    Results of Operations and Financial Condition.
On November 12, 2024, EverCommerce Inc. (the “Company”) issued a press release announcing financial results for the three months ended September 30, 2024 and other matters described in the press release. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as expressly set forth in such filing.
Item 9.01    Financial Statements and Exhibits.
(d)   Exhibits.

Exhibit No. Description
   
99.1 
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 EVERCOMMERCE INC.
Date:November 12, 2024
 By: /s/ Lisa Storey
  Lisa Storey
  Chief Legal Officer


Exhibit 99.1
image_0.jpg
EverCommerce Announces Third Quarter 2024 Financial Results
Denver, CO (November 12, 2024) EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the quarter ended September 30, 2024.
Third Quarter 2024 Financial Highlights
•Revenue of $176.3 million, an increase of 0.9% compared to $174.7 million for the quarter ended September 30, 2023. Pro Forma Revenue, which excludes fitness, increased 4.3% compared to $169.1 million for the quarter ended September 30, 2023.
•Subscription and transaction fee revenue of $137.6 million, an increase of 3.7% compared to $132.6 million for the quarter ended September 30, 2023. Pro Forma subscription and transaction fee revenue, which excludes fitness, increased 8.3% compared to $127.0 million for the quarter ended September 30, 2023.
•Net loss was $9.2 million, or $(0.05) per basic and diluted share, for the quarter ended September 30, 2024, compared to net loss of $0.6 million, or $(0.00) per basic and diluted share, for the quarter ended September 30, 2023.
•Adjusted EBITDA was $44.5 million for the quarter ended September 30, 2024, compared to $41.8 million for the quarter ended September 30, 2023.

“EverCommerce's third quarter results exceeded the top end of our guidance range for both Revenue and Adjusted EBITDA, driven by strong execution across our SaaS business lines,” said Eric Remer, EverCommerce’s Founder and CEO. “Looking ahead to 2025, our focus is on implementing our transformation and optimization initiatives, which include strategic investments with an eye towards future growth acceleration.”

A reconciliation of GAAP to Non-GAAP measures has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures and Key Performance Metrics.”
Share Repurchases
The Company repurchased and retired 1.4 million shares of common stock for approximately $14.6 million during the three months ended September 30, 2024. As of September 30, 2024, $39.4 million remained available under the Repurchase Program.
Repurchases under the program may be made from time to time in the open market at prevailing market prices or in negotiated transactions off the market. Open market repurchases will be structured to occur within the pricing and volume requirements of Rule 10b-18. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. This program does not obligate the Company to acquire any particular amount of common stock and the program may be extended, modified, suspended or discontinued at any time at the Company’s discretion. The Company expects to fund repurchases with cash on hand.

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Business Outlook
Based on information as of today, November 12, 2024, the Company is issuing the following financial guidance for the fourth quarter 2024; full year 2024 guidance is unchanged. Note that the revenue guidance excludes now-divested fitness assets.
Fourth Quarter 2024:
•Revenue is expected to be in the range of $168 million to $172 million.
•Adjusted EBITDA is expected to be in the range of $43 million to $46 million.

A reconciliation of Adjusted EBITDA to net income, the most directly comparable GAAP measure, is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to certain charges excluded from this non-GAAP measure; in particular, the measures and efforts of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in our stock price. It is important to note that these charges could be material to EverCommerce's results computed in accordance with GAAP.
Conference Call Information
EverCommerce’s management team will hold a conference call to discuss our third quarter 2024 results and outlook today, November 12, 2024, at 5:00 p.m. ET. Please visit the "Investor Relations" page of the Company's website (https://investors.evercomerce.com) for both telephonic and webcast access to this call as well as a copy of the presentation materials used on the call. An archive replay will be available following the conclusion of the call.
Investor Contact
Brad Korch
SVP and Head of Investor Relations
720-796-7664
IR@evercommerce.com
Media Contact
Jeanne Trogan
VP of Communications
737-465-2897
Press@evercommerce.com
About EverCommerce
EverCommerce (Nasdaq: EVCM) is a leading service commerce platform, providing vertically-tailored, integrated SaaS solutions that help more than 690,000 global service-based businesses accelerate growth, streamline operations, and increase retention. Its modern digital and mobile applications create predictable, informed, and convenient experiences between customers and their service professionals. With its EverPro, EverHealth, and EverWell brands specializing in Home, Health, and Wellness service industries, EverCommerce provides end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications. Learn more at EverCommerce.com.


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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation, statements regarding our future operations and financial results, implementation of our transformation and optimization initiatives, our market opportunity, future stock repurchases, our potential for growth and our strategy. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, our limited operating history and evolving business; our recent growth rates may not be sustainable or indicative of future growth; we have experienced net losses in the past and we may not achieve profitability in the future; we may continue to experience significant quarterly and annual fluctuations in our operating results due to a number of factors, which makes our future operating results difficult to predict; in order to support the growth of our business and our acquisition strategy, we may need to incur additional indebtedness or seek capital through new equity or debt financings; we may not be able to continue to expand our share of our existing vertical markets or expand into new vertical markets; we face intense competition in each of the industries in which we operate; the industries in which we operate are rapidly evolving and the market for technology-enabled services that empower SMBs is relatively immature and unproven; we are subject to economic and political risk, the business cycles of our clients and changes in the overall level of consumer and commercial spending, which could negatively impact our business, financial condition and results of operations; we are dependent on payment card networks, such as Visa and MasterCard, and payment processors, such as Worldpay and PayPal, and if we fail to comply with the applicable requirements of our payment networks or our payment processors, they can seek to fine us, suspend us or terminate our agreements and/or terminate our registrations through our bank sponsors; the inability to keep pace with rapid developments and changes in the electronic payments market or are unable to introduce, develop and market new and enhanced versions of our software solutions; real or perceived errors, failures or bugs in our solutions; unauthorized disclosure, destruction or modification of data, disruption of our software or services or cyber breaches; our estimated total addressable market is subject to inherent challenges and uncertainties; failure to effectively develop and expand our sales and marketing capabilities; our information technology systems and our third-party providers’ information technology systems, including Worldpay, PayPal and other payment processing partners, may fail or our third-party providers may discontinue providing their services or technology generally or to us specifically; our ability to improve our margin, in particular within Marketing Technology Solutions; the impact of a future pandemic, epidemic or outbreak of an infectious disease on our business, financial condition and results of operations, as well as the business or operations of third parties with whom we conduct business; our success in achieving our objectives through acquisitions, divestitures or other strategic transactions; our revenues and profits generated through acquisitions may be less than anticipated, and we may fail to uncover all liabilities of acquisition targets; risks related to the increasing focus on environmental sustainability and social initiatives; our ability to adequately protect or enforce our intellectual property and other proprietary rights; risk of patent, trademark and other intellectual property infringement claims; risks related to governmental regulation and other legal obligations, particularly related to privacy, data protection and information security, and our actual or perceived failure to comply with such obligations; risks related to our sponsor stockholders agreement and qualifying as a “controlled company” under the rules of The Nasdaq Stock Market; as well as the other factors described in our Annual Report on Form 10-K for the year ended December 31, 2023 and updated by our other filings with the SEC. These factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

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Non-GAAP Financial Measures and Key Performance Metrics
EverCommerce has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). EverCommerce uses these non-GAAP financial measures internally in analyzing its financial results and believes that use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing operating results and trends and in comparing EverCommerce’s financial results with other companies in its industry, many of which present similar non-GAAP financial measures.
Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with EverCommerce’s consolidated financial statements prepared in accordance with GAAP. A reconciliation of EverCommerce’s historical non-GAAP financial measures to the most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review the reconciliation.
Pro Forma Revenue and Pro Forma Revenue Growth Rate. Pro Forma Revenue and Pro Forma Revenue Growth Rate are key performance measures that our management uses to assess our consolidated operating performance over time. Management also uses this metric for planning and forecasting purposes.
Our year-over-year Pro Forma Revenue and Pro Forma Revenue Growth Rate are calculated as though all acquisitions and divestitures completed as of the end of the latest period were completed as of the first day of the prior year period presented. In calculating Pro Forma Revenue and Pro Forma Revenue Growth Rate, we add the revenue from acquisitions for the reporting periods prior to the date of acquisition (including estimated purchase accounting adjustments) and exclude revenue from divestitures for the reporting periods prior to the date of divestiture, and then, for Pro Forma Revenue Growth Rate, calculate our revenue growth rate between the two reported periods. As a result, these metrics include pro forma revenue from businesses acquired and excludes revenue from businesses divested of during the period, including revenue generated during periods when we did not yet own the acquired businesses and excludes revenue prior to the divestiture of the business. In including such pre-acquisition revenue and excluding pre-divestiture revenue, these metrics allow us to measure the underlying revenue growth of our business as it stands as of the end of the respective period, which we believe provides insight into our then-current operations. Pro Forma Revenue and Pro Forma Revenue Growth Rate do not represent organic revenue generated by our business as it stood at the beginning of the respective period. Pro Forma Revenue and Pro Forma Revenue Growth Rates are not necessarily indicative of either future results of operations or actual results that might have been achieved had the acquisitions and divestitures been consummated on the first day of the prior year period presented. We believe that these metrics are useful to investors in analyzing our financial and operational performance period over period and evaluating the growth of our business, normalizing for the impact of acquisitions and divestitures. These metrics are particularly useful to management due to the number of acquired entities.

Adjusted Gross Profit. Adjusted Gross Profit is a key performance measure that our management uses to assess our operational performance, as it represents the results of revenues and direct costs, which are key components of our operations. We believe that this non-GAAP financial measure is useful to investors and other interested parties in analyzing our financial performance because it reflects the gross profitability of our operations, and excludes the indirect costs associated with our sales and marketing, product development, general and administrative activities, and depreciation and amortization, and the impact of our financing methods and income taxes.
Gross profit is calculated as total revenue less cost of revenue (exclusive of depreciation and amortization), amortization of developed technology, amortization of capitalized software and depreciation expense (allocated to cost of revenues). We calculate Adjusted Gross Profit as gross profit adjusted to exclude depreciation and amortization allocated to cost of revenues. Adjusted Gross Profit should be viewed as a measure of operating performance that is a supplement to, and not a substitute for, operating income or loss, net earnings or loss and other GAAP measures of income (loss) or profitability.
Adjusted EBITDA and Adjusted EBITDA margin. Adjusted EBITDA and Adjusted EBITDA margin are key performance measures that our management uses to assess our financial performance and are also used for internal planning and forecasting purposes. We believe that these non-GAAP financial measures are useful to investors and other interested parties in analyzing our financial performance because it provides a comparable overview of our operations across historical periods. In addition, we believe that providing Adjusted EBITDA, together with a reconciliation of net income

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(loss) to Adjusted EBITDA, helps investors make comparisons between our company and other companies that may have different capital structures, different tax rates, and/or different forms of employee compensation.
Adjusted EBITDA and Adjusted EBITDA margin are used by our management team as additional measures of our performance for purposes of business decision-making, including managing expenditures, and evaluating potential acquisitions. Period-to-period comparisons of Adjusted EBITDA and Adjusted EBITDA margin help our management identify additional trends in our financial results that may not be shown solely by period-to-period comparisons of net income (loss) or income (loss) from continuing operations. In addition, we may use Adjusted EBITDA in the incentive compensation programs applicable to some of our employees. Our Management recognizes that Adjusted EBITDA has inherent limitations because of the excluded items, and may not be directly comparable to similarly titled metrics used by other companies.
We calculate Adjusted EBITDA as net loss adjusted to exclude interest and other expense, net, income tax expense (benefit), depreciation and amortization, other amortization, stock-based compensation and transaction-related and other non-recurring costs. Other amortization includes amortization for capitalized contract acquisition costs. Transaction-related costs are specific deal-related costs such as legal fees, financial and tax due diligence, consulting and escrow fees. Other non-recurring costs are expenses such as impairment charges, (gains) losses from divestitures, system implementation costs, executive separation costs, severance expense related to planned restructuring activities, and costs associated with integration and transformation improvements. Transaction-related and other non-recurring costs are excluded as they are not representative of our underlying operating performance. Adjusted EBITDA should be viewed as a measure of operating performance that is a supplement to, and not a substitute for, operating income or loss, net earnings or loss and other GAAP measures of income (loss).


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EverCommerce Inc.
Condensed Consolidated Balance Sheets
(in thousands, except per share and share amounts)
(unaudited)
September 30,December 31,
20242023
Assets
Current assets:
Cash and cash equivalents$101,574 $92,609 
Restricted cash— 3,570 
Accounts receivable, net of allowance for expected credit losses of $5.2 million and $6.2 million at September 30, 2024 and December 31, 2023, respectively
49,883 45,417 
Contract assets18,181 16,117 
Prepaid expenses and other current assets27,546 22,434 
Total current assets197,184 180,147 
Property and equipment, net7,192 9,734 
Capitalized software, net42,182 42,511 
Other non-current assets38,213 42,722 
Intangible assets, net245,390 315,519 
Goodwill920,973 927,431 
Total assets1,451,134 1,518,064 
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$7,718 $8,638 
Accrued expenses and other56,810 66,265 
Deferred revenue26,271 24,082 
Customer deposits12,524 12,891 
Current maturities of long-term debt5,500 5,500 
Total current liabilities108,823 117,376 
Long-term debt, net of current maturities and deferred financing costs523,508 526,696 
Other non-current liabilities48,060 47,956 
Total liabilities680,391 692,028 
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.00001 par value, 50,000,000 shares authorized and no shares issued or outstanding as of September 30, 2024 and December 31, 2023
— — 
Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 183,821,161 and 186,934,031 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively
2 2 
Accumulated other comprehensive loss(7,141)(8,017)
Additional paid-in capital1,426,713 1,454,026 
Accumulated deficit(648,831)(619,975)
Total stockholders’ equity770,743 826,036 
Total liabilities and stockholders’ equity$1,451,134 $1,518,064 

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EverCommerce Inc.
Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except per share and share amounts)
(unaudited)

Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
Revenues:
Subscription and transaction fees$137,566 $132,640 $409,331 $386,765 
Marketing technology solutions34,361 36,838 99,660 103,081 
Other4,333 5,263 14,775 16,083 
Total revenues
176,260 174,741 523,766 505,929 
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization presented separately below)59,275 61,471 177,415 175,602 
Sales and marketing30,577 30,086 91,297 91,660 
Product development20,100 19,318 60,464 56,352 
General and administrative34,330 31,477 103,774 100,429 
Depreciation and amortization21,991 26,035 66,880 77,975 
Loss on sale and impairments70 61 11,750 1,124 
Total operating expenses
166,343 168,448 511,580 503,142 
Operating income
9,917 6,293 12,186 2,787 
Interest and other expense, net(18,331)(6,666)(33,674)(26,615)
Net loss before income tax (expense) benefit
(8,414)(373)(21,488)(23,828)
Income tax (expense) benefit
(742)(241)(7,368)1,543 
Net loss(9,156)(614)(28,856)(22,285)
Other comprehensive loss:
Foreign currency translation gain (loss), net
3,469 (1,940)876 (2,721)
Comprehensive loss$(5,687)$(2,554)$(27,980)$(25,006)
Basic and diluted net loss per share attributable to common stockholders$(0.05)$— $(0.16)$(0.12)
Basic and diluted weighted-average shares of common stock outstanding used in computing net loss per share184,146,958 188,805,421 185,317,020 189,039,709 



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EverCommerce Inc.
Condensed Consolidated Statements of Cash Flows
(in thousands)
(unaudited)
 Nine months ended
September 30,
 20242023
Cash flows provided by operating activities:
Net loss$(28,856)$(22,285)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization66,880 77,975 
Stock-based compensation expense20,184 19,610 
Deferred taxes5,579 (2,066)
Amortization of deferred financing costs and non-cash interest1,230 1,240 
Loss on sale and impairments11,761 1,124 
Bad debt expense3,237 5,285 
Loss (gain) on interest rate swap valuation adjustments2,282 (6,636)
Other non-cash items831 705 
Changes in operating assets and liabilities:
Accounts receivable, net(8,196)(9,145)
Prepaid expenses and other current assets(5,327)(1,331)
Other non-current assets1,159 4,511 
Accounts payable(667)(62)
Accrued expenses and other(6,010)1,436 
Deferred revenue2,700 1,514 
Other non-current liabilities(2,037)(3,288)
Net cash provided by operating activities64,750 68,587 
Cash flows used in investing activities:
Purchases of property and equipment(1,208)(2,140)
Capitalization of software costs(13,071)(14,727)
Proceeds from disposition of fitness solutions, net of transaction costs, cash and restricted cash6,610 — 
Acquisition, net of cash acquired
— (14,959)
Net cash used in investing activities(7,669)(31,826)
Cash flows used in financing activities:
Payments on long-term debt(4,125)(4,125)
Exercise of stock options3,788 1,982 
Proceeds from common stock issuance for Employee Stock Purchase Plan1,755 1,765 
Employee taxes paid for RSU withholdings(2,123)— 
Repurchase and retirement of common stock(50,636)(41,268)
Net cash used in financing activities(51,341)(41,646)
Effect of foreign currency exchange rate changes on cash(345)(116)
Net increase (decrease) in cash, cash equivalents and restricted cash
5,395 (5,001)
Cash, cash equivalents and restricted cash:
Beginning of period96,179 95,824 
End of period$101,574 $90,823 
Supplemental disclosures of cash flow information:  
Cash paid for interest$34,936 $34,112 
Cash paid for income taxes$3,862 $2,939 

8

EverCommerce Inc.
Non-GAAP Financial Measures and Key Performance Metrics
(unaudited)

 Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
(in thousands)
Pro Forma Revenue:
Revenue$176,260 $174,741 $523,766 $505,929 
Plus acquisition revenue / less disposition revenue (1)
— (5,688)(8,115)(16,256)
Pro Forma Revenue$176,260 $169,053 $515,651 $489,673 
(1) Acquisition revenue includes the estimated revenue associated with Kickserv prior to the August 10, 2023 acquisition date while the disposition revenue adjustment excludes revenue associated with fitness solutions (see Pro Forma Revenue and Pro Forma Revenue Growth Rate definition under Non-GAAP financial measures and Key Performance Metrics).


 Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
(in thousands)
Pro Forma Subscription and Transaction Fees Revenue:
Subscription and transaction fees revenue$137,566$132,640$409,331$386,765
Plus acquisition revenue / less disposition revenue (1)
—(5,612)(8,013)(15,974)
Pro Forma Subscription and Transaction Fees Revenue$137,566$127,028$401,318$370,791
(1) Acquisition revenue includes the estimated revenue associated with Kickserv prior to the August 10, 2023 acquisition date while the disposition revenue adjustment excludes revenue associated with fitness solutions (see Pro Forma Revenue and Pro Forma Revenue Growth Rate definition under Non-GAAP financial measures and Key Performance Metrics).

 Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
(in thousands)
Reconciliation from Gross Profit to Adjusted Gross Profit:
Gross profit$111,333 $106,886 $330,242 $311,939 
Depreciation and amortization5,652 6,384 16,109 18,388 
Adjusted gross profit$116,985 $113,270 $346,351 $330,327 


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 Three months ended
September 30,		Nine months ended
September 30,
 2024202320242023
(in thousands)
Reconciliation from Net loss to Adjusted EBITDA:
Net loss$(9,156)$(614)$(28,856)$(22,285)
Adjusted to exclude the following:
Interest and other expense, net18,331 6,666 33,674 26,615 
Income tax expense (benefit)
742 241 7,368 (1,543)
Depreciation and amortization21,991 26,035 66,880 77,975 
Other amortization1,745 1,431 5,098 4,184 
Stock-based compensation expense8,154 5,855 20,184 19,610 
Transaction-related and other non-recurring costs2,704 2,190 22,268 7,985 
Adjusted EBITDA$44,511 $41,804 $126,616 $112,541 


10
v3.24.3
Cover Page
Nov. 12, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Nov. 12, 2024
Entity Registrant Name EVERCOMMERCE INC.
Entity Incorporation, State or Country Code DE
Entity File Number 001-40575
Entity Tax Identification Number 81-4063248
Entity Address, Address Line One 3601 Walnut Street
Entity Address, Address Line Two Suite 400
Entity Address, City or Town Denver
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80205
City Area Code 720
Local Phone Number 647-4948
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.00001 par value per share
Trading Symbol EVCM
Security Exchange Name NASDAQ
Entity Emerging Growth Company true
Entity Ex Transition Period false
Amendment Flag false
Entity Central Index Key 0001853145
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