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EverCommerce Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   8-K10-K10-K10-KS-1/A
Revenues:  
    International   42.927.111.6 
    United States   447.2310.5230.6 
Total revenues  620.7490.1337.5242.1129.7
            Revenue growth   [+]26.6%45.2%39.4%86.7% 
Cost of goods sold  0.0162.2115.073.153.5
Gross profit  620.7327.9222.5169.076.2
            Gross margin  100.0%66.9%65.9%69.8%58.7%
Selling, general and administrative   [+]251.5204.2137.3144.284.6
Research and development  71.649.530.426.111.2
Other operating expenses  217.4    
EBITDA   [+]80.274.254.8-1.3 
            EBITDA margin  12.9%15.1%16.2%-0.5%-15.1%
Depreciation  110.88.06.23.0 
EBITA  -30.666.248.6-4.4-19.6
            EBITA margin  -4.9%13.5%14.4%-1.8%-15.1%
Amortization of intangibles   93.470.649.9 
EBIT   [+]-30.6-27.2-22.0-54.3-19.6
            EBIT margin  -4.9%-5.5%-6.5%-22.4%-15.1%
Other income (expense), net   [+]-33.9-64.8-41.5-55.5-13.5
Pre-tax income  -64.5-92.0-63.6-109.8-33.1
Income taxes  -4.7-10.1-3.6-16.0-5.7
            Tax rate  7.3%10.9%5.7%14.6%17.2%
Net income  -59.8-97.1-127.8-383.1-27.4
            Net margin  -9.6%-19.8%-37.9%-158.2%-21.1%
   
Basic EPS   [+]$0.00($0.82)($3.06)($14.13) 
Diluted EPS   [+]$0.00($0.82)($3.06)($14.13) 
   
Shares outstanding (basic)   [+]194,625.0117.841.727.1 
Shares outstanding (diluted)   [+]194,625.0117.841.727.1 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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