EverCommerce Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
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.
Mar 31, 2025 · Filed May 8, 2025
EVCM$7.04-13.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets as of (unaudited) and
Condensed Consolidated Balance Sheets
(in thousands, except per share and share amounts)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $148,408 | $135,782 |
| Accounts receivable, net of allowance for expected credit losses of $2.1 million and $2.3 million at March 31, 2025 and December 31, 2024, respectively | 32,356 | 31,090 |
| Contract assets | 11,115 | 12,839 |
| Assets held for sale | 46,435 | 11,422 |
| Prepaid expenses and other current assets | 30,231 | 27,181 |
| Total current assets | 268,545 | 218,314 |
| Property and equipment, net | 5,907 | 6,129 |
| Capitalized software, net | 43,573 | 41,595 |
| Other non-current assets | 34,912 | 36,127 |
| Non-current assets held for sale | — | 44,779 |
| Intangible assets, net | 197,477 | 211,172 |
| Goodwill | 863,686 | 863,152 |
| Total assets | 1,414,100 | 1,421,268 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $7,533 | $6,599 |
| Accrued expenses and other | 54,832 | 50,840 |
| Deferred revenue | 22,122 | 22,107 |
| Customer deposits | 11,857 | 11,382 |
| Current maturities of long-term debt | 5,500 | 5,500 |
| Liabilities held for sale | 15,626 | 14,298 |
| Total current liabilities | 117,470 | 110,726 |
| Long-term debt, net of current maturities and deferred financing costs | 521,364 | 522,442 |
| Other non-current liabilities | 35,697 | 36,301 |
| Non-current liabilities held for sale | — | 973 |
| Total liabilities | 674,531 | 670,442 |
| 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 March 31, 2025 and December 31, 2024 | — | — |
| Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 183,034,613 and 183,725,236 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | 2 | 2 |
| Accumulated other comprehensive loss | (13,841) | (14,318) |
| Additional paid-in capital | 1,422,185 | 1,426,206 |
| Accumulated deficit | (668,777) | (661,064) |
| Total stockholders’ equity | 739,569 | 750,826 |
| Total liabilities and stockholders’ equity | $1,414,100 | $1,421,268 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.