← EverCommerce Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($93.7m) | ($60.0m) | ($82.0m) | ($59.8m) | ($45.6m) | ($41.1m) | $17.6m | |
| Depreciation and amortization | $52.9m | $76.8m | $101.4m | $110.8m | $104.2m | $88.8m | $68.4m | |
| Amortization of deferred financing costs and non-cash interest | — | $6.4m | $4.8m | $2.1m | $1.7m | $1.6m | $1.5m | |
| Deferred taxes | ($16.0m) | ($4.3m) | ($12.0m) | ($7.5m) | ($1.7m) | $2.7m | ($132k) | |
| Loss on sale and impairments | — | — | — | $0 | $6.3m | $39.7m | $8.1m | |
| Stock-based compensation expense | $30.1m | $10.7m | $22.1m | $26.8m | $25.6m | $26.5m | $28.4m | |
| Bad debt expense | $843k | $1.7m | $2.0m | $5.6m | $6.0m | $4.7m | $5.6m | |
| Loss (gain) on interest rate swap valuation adjustments | — | — | — | $2.9m | $2.0m | ($6.4m) | $6.2m | |
| Other non-cash items | — | $0 | $700k | $4.7m | $2.7m | $2.4m | $1.4m | |
| Accounts receivable, net | ($3.0m) | ($516k) | ($13.3m) | ($13.2m) | ($5.0m) | ($319k) | ($14.0m) | |
| Prepaid expenses and other current assets | ($4.8m) | $5.0m | ($8.0m) | ($3.8m) | ($2.3m) | ($2.2m) | ($3.9m) | |
| Other non-current assets | ($4.4m) | ($4.2m) | ($10.5m) | $4.9m | $4.2m | $2.0m | ($1.7m) | |
| Accounts payable | $1.1m | $2.9m | ($4.0m) | ($1.9m) | $179k | ($254k) | ($1.7m) | |
| Accrued expenses and other | $6.7m | $13.2m | ($4.1m) | $3.1m | $10.4m | ($3.4m) | $1.8m | |
| Deferred revenue | $6.1m | $736k | $9.2m | $160k | $868k | $1.8m | ($943k) | |
| Other non-current liabilities | — | $4.3m | $2.1m | ($7.2m) | ($3.0m) | ($3.4m) | ($5.3m) | |
| Purchases of property and equipment | ($7.7m) | ($4.5m) | ($3.1m) | ($2.6m) | ($3.0m) | ($1.5m) | ($2.2m) | |
| Capitalization of software costs | ($5.7m) | ($8.6m) | ($11.7m) | ($15.5m) | ($20.0m) | ($17.4m) | ($29.6m) | |
| Acquisitions, net of cash acquired | ($310.5m) | ($403.2m) | ($364.9m) | $0 | ($14.9m) | $0 | ($35.8m) | |
| Deferred financing costs | ($18.4m) | ($7.3m) | ($8.1m) | $0 | $0 | $0 | ($940k) | |
| Exercise of stock options, net | $793k | $206k | $1.3m | $1.8m | $2.6m | $4.1m | $7.7m | |
| Beginning of period | $57.3m | $98.3m | $97.6m | $95.8m | $96.2m | $135.8m | $129.7m | |
| Net cash provided by operating activities | ($613k) | $57.5m | $37.5m | $64.8m | $104.6m | $113.2m | $111.5m | |
| Net cash used in investing activities | ($323.8m) | ($418.3m) | ($379.7m) | ($18.1m) | ($38.0m) | ($12.3m) | ($30.6m) | |
| Payments on long-term debt | ($474.9m) | ($55.9m) | ($1.0b) | ($9.5m) | ($5.5m) | ($5.5m) | ($5.5m) | |
| Proceeds from common stock issuance for Employee Stock Purchase Plan | — | $0 | $0 | $3.4m | $3.5m | $3.3m | $3.0m | |
| Repurchase and retirement of common stock | ($23.5m) | $0 | $0 | ($43.0m) | ($67.3m) | ($57.7m) | ($85.1m) | |
| Net cash used in financing activities | $309.7m | $401.9m | $341.2m | ($47.3m) | ($66.6m) | ($59.6m) | ($87.6m) | |
| Effect of foreign currency exchange rate changes on cash | ($301k) | ($87k) | $224k | ($1.1m) | $400k | ($1.6m) | $620k | |
| Net (decrease) increase in cash, cash equivalents and restricted cash, including cash and restricted cash classified as held for sale | ($15.0m) | $41.0m | ($779k) | ($1.7m) | $355k | $39.6m | ($6.1m) | |
| Proceeds from dispositions, net of transaction costs, cash and restricted cash | — | — | — | $0 | $0 | $6.6m | $37.1m | |
| Cash paid for interest | $34.0m | $35.2m | $30.8m | $30.1m | $46.0m | $45.5m | $35.7m | |
| Employee taxes paid for RSU withholdings | $337k | $736k | $1.5m | $0 | $0 | ($3.8m) | ($6.7m) | |
| Cash paid for income taxes | $337k | $736k | $1.5m | $2.5m | $3.1m | $4.5m | $3.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.