EverCommerce Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
EVCM$7.04-13.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of (unaudited) and
Condensed Consolidated Balance Sheets
(in thousands, except per share and share amounts)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $101,574 | $92,609 |
| Restricted cash | — | 3,570 |
| Accounts receivable, net of allowance for expected credit losses of $5.2 million and $6.2 million at September 30, 2024 and December 31, 2023, respectively | 49,883 | 45,417 |
| Contract assets | 18,181 | 16,117 |
| Prepaid expenses and other current assets | 27,546 | 22,434 |
| Total current assets | 197,184 | 180,147 |
| Property and equipment, net | 7,192 | 9,734 |
| Capitalized software, net | 42,182 | 42,511 |
| Other non-current assets | 38,213 | 42,722 |
| Intangible assets, net | 245,390 | 315,519 |
| Goodwill | 920,973 | 927,431 |
| Total assets | 1,451,134 | 1,518,064 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $7,718 | $8,638 |
| Accrued expenses and other | 56,810 | 66,265 |
| Deferred revenue | 26,271 | 24,082 |
| Customer deposits | 12,524 | 12,891 |
| Current maturities of long-term debt | 5,500 | 5,500 |
| Total current liabilities | 108,823 | 117,376 |
| Long-term debt, net of current maturities and deferred financing costs | 523,508 | 526,696 |
| Other non-current liabilities | 48,060 | 47,956 |
| Total liabilities | 680,391 | 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 September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 183,821,161 and 186,934,031 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 2 | 2 |
| Accumulated other comprehensive loss | (7,141) | (8,017) |
| Additional paid-in capital | 1,426,713 | 1,454,026 |
| Accumulated deficit | (648,831) | (619,975) |
| Total stockholders’ equity | 770,743 | 826,036 |
| Total liabilities and stockholders’ equity | $1,451,134 | $1,518,064 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.