Company: EVCM
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001853145-25-000009
Chunk: 137

Company: EverCommerce Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 137
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,956 Total liabilities670,442 692,028 Commitments and contingencies (Note 17)Stockholders’ equity:Preferred stock, $0.00001 par value, 50,000,000 shares authorized and no shares issued or outstanding as of December 31, 2024 and 2023— — Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 183,725,236 and 186,934,031 shares issued and outstanding at December 31, 2024 and 2023, respectively2 2 Accumulated other comprehensive loss(14,318)(8,017)Additional paid-in capital1,426,206 1,454,026 Accumulated deficit(661,064)(619,975)Total stockholders’ equity750,826 826,036 Total liabilities and stockholders’ equity$1,421,268 $1,518,064 

The accompanying notes are an integral part of these consolidated financial statements.II-24

EverCommerce Inc.

Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except per share and share amounts)

Year Ended December 31,202420232022Revenues:Subscription and transaction fees$548,344 $520,234 $465,345 Marketing technology solutions129,271 133,162 134,596 Other21,150 21,973 20,805 Total revenues698,765 675,369 620,746 Operating expenses:Cost of revenues (exclusive of depreciation and amortization presented separately below)228,379 231,007 217,375 Sales and marketing122,505 123,561 119,059 Product development79,673 75,614 71,622 General and administrative139,423 132,235 132,483 Depreciation and amortization88,824 104,201 110,801 Loss on sale and impairments39,709 6,325 — Total operating expenses698,513 672,943 651,340 Operating income (loss)252 2,426 (30,594)Interest and other expense, net(35,559)(46,407)(33,902)Net loss before income tax (expense) benefit (35,307)(43,981)(64,496)Income tax (expense) benefit(5,782)(1