Company: EVCM
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001140361-25-016014
Chunk: 1

Company: EverCommerce Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 1
---
 buying programs. With a diverse set of more than 740,000 global customers, EverCommerce is a leader in the digital transformation of the service economy. In 2024, EverCommerce exceeded its financial goals, delivering Revenue results that were higher than guidance while also delivering 25.3% adjusted EBITDA margins, representing 230 basis points of expansion year over year 1. We also made significant progress on our transformation and optimization initiatives - our savings programs contributed to our continued margin expansion, we successfully exited our fitness solutions as we continue to execute against our strategy of simplification to key strategic vertical markets and we exited the year with new leadership teams largely in place for both EverPro and EverHealth. Payments Revenue grew 9% year over year 1, which was driven in part by 9% growth in Total Payments Volume 1, or TPV, to $12.6 billion 1. We ended the year with approximately 740,000 customers, of which approximately 219,000 are enabled for more than one EverCommerce solution, underscoring our opportunity to continue to embed payments and cross-sell our solutions. As we look ahead to 2025, our top priorities are unchanged: providing premier systems of action software, embedding payments and adding ancillary services that promote our customers’ successes. We expect to complete the bulk of our remaining transformation efforts by the end of the year, which includes continuing to simplify our business and sharpening our focus on our key SaaS verticals, alongside continued cost savings initiatives. In the first quarter of 2025, we announced the pursuit of strategic alternatives and planned sale of our Marketing Technology solutions, and we expect that a successful disposition will yield a more predictable, higher growth and higher margin business. Finally, we expect to continue to expand the use of artificial intelligence to transform our business both in the development of enhanced feature sets in our systems of action software and in our internal operations to support our mission of simplifying and empowering the lives of service-based small business owners, while also enhancing shareholder value. We would like to thank you for your support of EverCommerce and look forward to continued dialogue as we transform the SMB service economy. Sincerely, Eric Remer Chief Executive Officer and Chairman of the Board of Directors

| 1 | Pro Forma for the sale of the fitness solutions, which were divested in 2024. For a reconciliation of certain non-GAAP measures and a more detailed discussion of the Company’s 2024 Financial and Operating Results, including about the utility