EverCommerce(EVCM)

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EverCommerce (EVCM) FY Conference Transcript
2025-08-13 14:30
EverCommerce Conference Call Summary Company Overview - **Company**: EverCommerce - **Industry**: Software solutions for service-based businesses, primarily in home and field services and healthcare - **Customer Base**: Over 725,000 customers across various service sectors [4][6] Core Business Segments - **Segments**: - EverPro (home and field services) - EverHealth (healthcare services) - EverWell (minor segment, about 5% of revenue) [5] - **Revenue Contribution**: EverPro and EverHealth comprise approximately 95% of total revenue [5] Financial Performance - **Q2 Results**: - Revenue growth of 7.4% year-over-year [7] - Adjusted EBITDA margins at 30% [8] - Increased full-year revenue guidance midpoint by $2.5 million [8] - **Cash Flow**: Generating over $100 million in annual cash flow [11] - **Liquidity**: $150 million in cash on hand and a $125 million revolving credit facility [12] Market Opportunities - **Total Addressable Market (TAM)**: - Home and field services market estimated at over $69 billion - Healthcare market estimated at over $100 billion [13] - **Customer Segmentation**: Focus on small to medium-sized businesses, including plumbers, electricians, and healthcare providers [14] Strategic Focus - **Cross-Selling and Upselling**: - 261,000 customers identified as payment-enabled (36% of total customer base) [9] - 112,000 customers actively utilizing payment solutions [10] - **Product Development**: Emphasis on enhancing payment capabilities and integrating additional product offerings [18][19] Organizational Changes - **Leadership Appointments**: - New divisional CEOs for EverPro and EverHealth to enhance execution and accountability [22] - **Decentralization Strategy**: Transitioning from a centralized to a decentralized organizational structure to better serve customers [21] Payment Solutions - **Payment Enablement**: - 32% year-over-year growth in payment-enabled customers [26] - Focus on expanding payment methods and enhancing customer onboarding experience [27][28] - **Profitability of Payments**: Payments revenue stream has a 95% EBITDA contribution margin, indicating high profitability [32] Capital Allocation Strategy - **M&A Activity**: Future acquisitions will be more surgical, focusing on technology advancements and filling software gaps [38] - **Stock Buyback Program**: Expanded from $200 million to $250 million, with $50 million remaining capacity [44] AI Integration - **AI Utilization**: Ongoing use of AI for lead scoring and customer experience improvements, with significant cost avoidance achieved [46][47] Future Outlook - **EBITDA Margin Expansion**: Current margins at 30%, with potential for further growth driven by software revenue and payment penetration [48][49] - **Investor Perception**: Emphasis on the strong portfolio of solutions and significant free cash flow generation, highlighting the company's value proposition [52][53]
EverCommerce (EVCM) FY Conference Transcript
2025-08-12 17:25
EverCommerce (EVCM) FY Conference August 12, 2025 12:25 PM ET Speaker0Welcome. I appreciate everyone who's dialed in today to hear this webinar with EverCommerce. I'm thrilled we've got the CEO and founder with us, Eric Riemer. Eric's a regular here. Thank you very much, Eric, for for coming back.Not only is he a regular, he is one of the great entrepreneurs of our time, so I feel very honored to to have him for this discussion. Eric, maybe for the new people who are listening in today, take maybe to start ...
Evercommerce to Present at Third Quarter Investor Conferences
Globenewswire· 2025-08-11 18:04
Company Overview - EverCommerce Inc. is a leading service commerce platform providing vertically-tailored, integrated SaaS solutions for over 725,000 global service-based businesses [2] - The company specializes in Home, Health, and Wellness service industries through its brands EverPro, EverHealth, and EverWell [2] - EverCommerce offers end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications [2] Upcoming Investor Conferences - CEO Eric Remer will present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference on August 12, 2025, at 12:25 p.m. EST [3] - CFO Ryan Siurek and SVP, Finance, & Head of Investor Relations Brad Korch will present at the Canaccord Genuity 45th Annual Growth Conference in Boston on August 13, 2025, at 9:30 a.m. EST [3] - Brad Korch will participate in 1x1 meetings at the Deutsche Bank Technology Conference on August 27, 2025 [3] - Ryan Siurek and Brad Korch will also participate in 1x1 meetings at the Piper Sandler Growth Frontiers Conference on September 10, 2025 [3]
EverCommerce (EVCM) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-06 23:51
EverCommerce (EVCM) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +400.00%. A quarter ago, it was expected that this business software company would post earnings of $0.04 per share when it actually produced earnings of $0.01, delivering a surprise of -75%.Over the last four ...
EverCommerce(EVCM) - 2025 Q2 - Earnings Call Transcript
2025-08-06 22:00
EverCommerce (EVCM) Q2 2025 Earnings Call August 06, 2025 05:00 PM ET Speaker0Thank you for standing by, and welcome to EverCommerce's Second Quarter twenty twenty May Call. My name is Shannon, and I will be your operator for today. After the speakers' presentation, there will be a question and answer As a reminder, this conference call is being recorded today, Wednesday, 08/06/2025. And now I would like to turn the conference over to Brad Korch, SVP and Head of Investor Relations for EverCommerce. Please g ...
EverCommerce(EVCM) - 2025 Q2 - Quarterly Report
2025-08-06 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission File Number: 001-40575 EverCommerce Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 81 ...
EverCommerce(EVCM) - 2025 Q2 - Earnings Call Presentation
2025-08-06 21:00
Q2 2025 Performance Highlights - Revenue reached $148 million, exceeding guidance, with a reported year-over-year growth of 53%[11], and a pro forma growth of 74% excluding fitness sale[11] - Adjusted EBITDA surpassed guidance, achieving a 304% margin, a 230 bps year-over-year expansion[11] - Payments Revenue, excluding Fitness, increased by 68% year-over-year, driven by Total Payments Volume (TPV) growth[11] - The company repriced and extended its Term Loan and Revolving Credit Facility, resulting in approximately $13 million in annual interest cost savings[11] Customer and Payments Growth - The company has over 725,000 global customers and a pro forma last twelve months (LTM) revenue of $5741 million[13] - Total customers enabled with more than one solution grew by 32% year-over-year, reaching 261,000[16, 17] - Total Payments Volume (TPV) increased by 7% year-over-year, reaching $129 billion[20] Financial Metrics and Outlook - Adjusted EBITDA for Q2 2025 was $45 million[27] - Levered Free Cash Flow (LFCF) for Q2 2025 was $189 million[31] - Adjusted Unlevered Free Cash Flow (aUFCF) for Q2 2025 was $349 million, a 162% year-over-year increase[33] - The company anticipates Q3 2025 total revenue to be between $1465 million and $1495 million, and adjusted EBITDA between $41 million and $43 million[38]
EverCommerce(EVCM) - 2025 Q2 - Quarterly Results
2025-08-06 20:11
Exhibit 99.1 EverCommerce Announces Second Quarter 2025 Financial Results Denver, CO (August 6, 2025) EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the quarter ended June 30, 2025. A reconciliation of GAAP to Non-GAAP measures has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial ...
EverCommerce Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-08-06 20:05
Core Insights - EverCommerce Inc. reported strong financial results for Q2 2025, exceeding guidance for both Revenue and Adjusted EBITDA, driven by strategic priorities of revenue reacceleration and cost optimization [3][8]. Financial Performance - Revenue from continuing operations for Q2 2025 was $148.0 million, a 5.3% increase from $140.5 million in Q2 2024. Pro Forma Revenue, excluding fitness, increased 7.4% to $148.0 million compared to $137.8 million in Q2 2024 [8]. - Subscription and transaction fees revenue from continuing operations was $142.8 million, up 5.3% from $135.7 million in Q2 2024. Pro Forma subscription and transaction fees revenue, excluding fitness, also increased 7.4% to $142.8 million from $133.0 million in Q2 2024 [8]. - Net income from continuing operations was $5.8 million, or $0.03 per share, compared to a net loss of $2.6 million, or $(0.02) per share, in Q2 2024 [8]. - Adjusted EBITDA from continuing operations was $45.0 million for Q2 2025, compared to $39.4 million in Q2 2024 [8]. Share Repurchase Program - The company repurchased and retired 2.0 million shares of common stock for approximately $20.6 million during Q2 2025. As of June 30, 2025, $51.1 million remained available under the Repurchase Program [4][5]. Business Outlook - For Q3 2025, revenue is expected to be in the range of $146.5 million to $149.5 million, and Adjusted EBITDA is anticipated to be between $41.0 million and $43.0 million [9]. - For the full year 2025, revenue is projected to be between $581.0 million and $601.0 million, with Adjusted EBITDA expected in the range of $171.0 million to $177.0 million [14]. Key Performance Metrics - Pro Forma Revenue for Q2 2025 was $148.0 million, compared to $137.8 million in Q2 2024, reflecting a year-over-year growth rate of 7.4% [36]. - Pro Forma Subscription and Transaction Fees Revenue for Q2 2025 was $142.8 million, up from $132.996 million in Q2 2024, indicating a growth rate of 7.4% [38]. - Adjusted EBITDA for Q2 2025 was $44.957 million, compared to $39.433 million in Q2 2024, showing a significant increase [39].
EverCommerce Announces Date of Second Quarter 2025 Earnings Call
Globenewswire· 2025-07-18 16:00
Core Viewpoint - EverCommerce Inc. is set to report its second quarter 2025 financial results on August 6, 2025, after U.S. financial markets close [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call scheduled for August 6 at 5:00 p.m. Eastern Time [2] - Access to the conference call will be available via the Company's Investor Relations page, with a replay archived on the website [2] Group 2: Company Overview - EverCommerce is a leading service commerce platform that provides integrated SaaS solutions for over 725,000 service-based businesses globally [3] - The company specializes in vertical markets such as Home, Health, and Wellness through its brands EverPro, EverHealth, and EverWell [3] - EverCommerce offers end-to-end business management software, payment acceptance, marketing technology, and customer experience applications [3]