Company: EVCM
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001853145-25-000037
Chunk: 69

Company: EverCommerce Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 69
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560 16,427 18,962 Depreciation and amortization16,589 19,901 33,357 40,805 Interest and other expense, net8,798 9,552 21,557 15,343 Income tax expense1,243 703 1,755 6,626 Total expenses142,254 143,075 283,593 296,937 Net income (loss) from continuing operations5,761 (2,552)6,695 (18,562)Income (loss) from discontinued operations, net of income tax   2,392 (824)(6,255)(1,138)Net income (loss)$8,153 $(3,376)$440 $(19,700)(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.

21

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

Three months ended June 30,Six months ended June 30,2025202420252024Other Segment DisclosuresInterest income$1,016 $626 $2,096 $1,313 Interest expense8,954 10,654 17,713 21,327 Other Significant Non-cash Items:Stock-based compensation8,072 6,247 14,827 11,657 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 EventOn July 29, 2025, the Company entered into an amendment to the Credit Facilities (the “2025 Amendment”) to, among other things,  refinance the existing Term Loan in an aggregate principal amount of $529.4 million. The 2025 Amendment, among other things, (i) extends the maturity date of the Term Loan to July 6, 2031, and (ii) reduces the applicable margin by 25 basis points with respect to all term loans. The Term Loan bears interest, at the Borrower’s election, at (x) Term SOFR (as defined in the Credit Agreement) plus an applicable margin of 2.25%, with a minimum Term SOFR rate of 0.50% or