Company: EVCM
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001853145-25-000009
Chunk: 179

Company: EverCommerce Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 179
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 information presented on an aggregated and consolidated basis, together with revenue information of the three core vertical markets. The software and technology-based solutions provided by the Company are deployed and implemented to customers in a similar manner regardless of industry. See Notes 4. Revenue and 18. Geographic Areas for disaggregated information regarding the Company's revenues and long-lived assets by geography, respectively.

II-51

   EverCommerce Inc.Notes to Consolidated Financial Statements

The following table provides segment information for revenues, net loss and significant expenses:Year Ended December 31,202420232022(in thousands)Total revenues$698,765 $675,369 $620,746 Less(1):Employee expense260,709 260,641 254,532 Lead generation, marketing and advertising113,305 112,245 102,915 Communication services22,291 29,232 29,137 Third-party commissions21,328 22,609 21,411 Software, tools and hosting59,219 49,997 44,534 Legal and professional fees 46,060 33,837 31,384 Loss on sale and impairments39,709 6,325 — Other segment items(2)47,068 53,856 56,626 Depreciation and amortization88,824 104,201 110,801 Interest and other expense, net35,559 46,407 33,902 Income tax expense (benefit)5,782 1,639 (4,680)Total expenses739,854 720,989 680,562 Net loss$(41,089)$(45,620)$(59,816)(1) The significant expense categories and amounts align with information that is regularly reviewed by the CODM.(2) Other segment items include corporate overhead expenses, transaction-related and other non-recurring or unusual costs, facility expenses, bad debt and other miscellaneous cost of services.Year Ended December 31,202420232022(in thousands)Other Segment DisclosuresInterest income$(3,112)$(1,024)$(263)Interest expense41,749 43,681 28,811 Other Significant Non-cash Items:Stock-based compensation26,491 25,559 26,818 There are no reconciling items or adjustments between segment revenues, net loss, total assets and consolidated revenues, net loss and total assets.

Note 20. Subsequent Event

In late