Company: EVCM
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001853145-25-000017
Chunk: 59

Company: EverCommerce Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 59
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 provided financial information inclusive of net income (loss) from continuing operations, which is used to assess performance of the segment and decide how to allocate resources. The CODM uses net income (loss) from continuing operations, among other metrics, to assist in evaluating the financial performance of the Company and monitoring budget versus actual results. The CODM does not review assets in evaluating segments results, and 

18

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

therefore, such information is not presented. The measure of segment assets is reported on the consolidated balance sheets as total assets.Disaggregated information is not used for assessing the performance of the Company or for making resource allocation decisions. The CODM reviews financial 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 5. Revenue and 18. Geographic Areas for disaggregated information regarding the Company's revenues and long-lived assets by geography, respectively.The following table provides segment information for revenues, net loss and significant expenses:Three months ended March 31,20252024Total revenues$142,273 $137,852 Less(1):Employee expense55,800 57,118 Marketing and advertising8,388 7,581 Communication services5,679 5,555 Third-party commissions5,296 5,334 Software, tools and hosting13,639 13,277 Legal and professional fees 14,671 11,745 Loss on held for sale and impairments85 11,232 Other segment items(2)7,742 9,402 Depreciation and amortization16,768 20,904 Interest and other expense, net12,759 5,791 Income tax expense512 5,923 Total expenses141,339 153,862 Net income (loss) from continuing operations934 (16,010)Loss from discontinued operations, net of income tax(8,647)(314)Net loss$(7,713)$(16,324)(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.Three months ended March 31,20252024Other Segment Disc