Company: EVCM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001853145-25-000047
Chunk: 50

Company: EverCommerce Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 50
---
 The results of operations of marketing technology solutions are presented as income (loss) from discontinued operations, net of income tax on the unaudited condensed consolidated statements of operations and comprehensive loss. We measured the assets and liabilities of the marketing technology disposal group at estimated fair value less cost to sell and recognized a gain of $2.1 million during the three months ended September 30, 2025, and a goodwill impairment charge of $6.9 million during the nine months ended September 30, 2025, which are included in (gain) loss on held for sale and impairments within discontinued operations on our unaudited condensed consolidated statements of operations and comprehensive loss.The following table summarizes the results of operations of marketing technology solutions reported as discontinued operations:Three months ended September 30,Nine months ended September 30,2025202420252024(in thousands)Total revenues$33,631 $36,154 $96,799 $105,285 Operating expenses:Cost of revenues (exclusive of depreciation and amortization presented separately below)24,830 28,650 71,598 83,728 Sales and marketing1,989 2,032 7,274 6,229 Product development1,138 965 3,647 2,795 General and administrative2,555 2,705 7,274 7,796 Depreciation and amortization— 2,040 1,191 6,124 (Gain) loss on held for sale and impairments(2,146)— 6,875 (11)Total operating expenses28,366 36,392 97,859 106,661 Operating income (loss)5,265 (238)(1,060)(1,376)Other income, net— 1 3 1 Net income (loss) before income tax benefit5,265 (237)(1,057)(1,375)Income tax benefit47 196 114 196 Income (loss) from discontinued operations, net of income tax$5,312 $(41)$(943)$(1,179)

8

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

The components of assets and liabilities classified as held for sale on our condensed consolidated balance sheets were as follows:September 30,December 31,20252024(in thousands)Assets:Cash and cash equivalents$400 $— Accounts receivable, net