EverCommerce Inc. (NASDAQ:EVCM) Q3 2023 Earnings Call Transcript November 6, 2023 5:00 PM ET Company Participants Brad Korch - SVP & Head of IR Eric Remer - Chairman and CEO Marc Thompson - CFO Matt Feierstein - President Conference Call Participants Peter Burkly - Evercore ISI DJ Hynes - Canaccord Genuity Brad Reback - Stifel Bhavin Shah - Deutsche Bank Alex Sklar - Raymond James Pete Newton - Barclays Elyse Kanner - JPMorgan Mason Marion - Jefferies Wayne Trinh - Piper Sandler Aaron Kimson - JMP Securitie ...

Strategic Initiatives are Accelerating Cross-Sell 1Amounts are estimated as of the end of the most recent quarter 6 This presentation includes certain financial measures that are not presented in accordance with generally accepted accounting principles in the United States, ("GAAP"), such as adjusted EBITDA, adjusted EBITDA margin, adjusted gross profit, adjusted gross margin, adjusted sales & marketing expense, adjusted product development expense, adjusted general & administrative expense, levered free ca ...

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 September 30, 2023 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) Delawa ...

EverCommerce Inc. (NASDAQ:EVCM) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Brad Korch - SVP and Head of Investor Relations Eric Remer - Chairman and Chief Executive Officer Marc Thompson - Chief Financial Officer Matt Feierstein - President Conference Call Participants Kirk Materne - Evercore ISI Brad Reback - Stifel Bhavin Shah - Deutsche Bank Aaron Kimson - JMP Clarke Jeffries - Piper Sandler Jeremy Sahler - Jefferies Dan Bergstrom - RBC Capital Operator Thank you for ...

SAFE HARBOR This presentation contains forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can i ...

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, 2023 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 Inc. (NASDAQ:EVCM) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants Brad Korch - SVP and Head of Investor Relations Eric Remer - Chairman and Chief Executive Officer Marc Thompson - Chief Financial Officer Matt Feierstein - President Conference Call Participants Kirk Materne - Evercore ISI Anushtha Mittal - RBC Capital Markets Brad Reback - Stifel Bhavin Shah - Deutsche Bank John Messina - Raymond James Jeremy Sahler - Jefferies Noah Herman - JPMorgan Operator Thank y ...

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 March 31, 2023 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 8 ...

Financial Data and Key Metrics - Q4 2022 revenue grew 19% YoY, with pro forma revenue growth of 14% for the quarter and 16% for the full year 2022 [3] - Adjusted EBITDA for Q4 2022 was $35.2 million, representing a 21.7% margin, while full-year 2022 adjusted EBITDA was $119 million, with a 19.2% margin [8] - Adjusted gross profit for Q4 2022 was $107.9 million, with an adjusted gross margin of 66.7%, while full-year 2022 adjusted gross profit was $403.4 million, with a 65% margin [9] - Q1 2023 revenue guidance is $157 million to $160 million, with adjusted EBITDA of $27 million to $29 million, and full-year 2023 revenue guidance is $680 million to $700 million, with adjusted EBITDA of $134 million to $142 million [10] Business Line Data and Key Metrics - Cross-sell progress showed 71,000 customers using more than one solution, a 29% YoY increase [4] - Embedded payments are a key focus, driving higher ARPU and improved retention, with annualized TPV reaching $10.9 billion, a 19% YoY growth [6][81] - Health care services, the largest vertical, continues to grow the fastest, followed by health services and fitness and wellness [34] Market Data and Key Metrics - The company operates across multiple verticals, with nearly 700,000 customers, and sees continued growth opportunities in core verticals [20][97] - The U S TAM is estimated at over $500 billion, with a global TAM exceeding $1 3 trillion [5] Company Strategy and Industry Competition - The company prioritizes investments in embedded payments and cross-sell adoption to drive growth and retention [66] - Strategic acquisitions are selectively used to augment organic growth, with a focus on vertical SaaS solutions and embedded payments [7][126] - The company is optimizing its solution and product mix, including M&A, to add capabilities in targeted market verticals [100] Management Commentary on Operating Environment and Future Outlook - The company is well-positioned to benefit from the digital transformation among SMBs and service SMB companies [11] - Management expects continued softness in the macro environment but remains confident in achieving growth and profitability targets [121][138] Other Important Information - The company has diversified banking relationships and did not expect the potential failure of SVB to disrupt its operations [26] - A temporary hiring freeze was implemented in Q4 2022 to manage costs, with plans to continue disciplined expense management in 2023 [102] Q&A Summary Question: Margin guidance and potential upside from faster growth [12] - Management believes investments are baked into the guidance, with a focus on cost structure to drive margin improvement [13] Question: Customer count growth and vertical performance [32] - Health care services is the fastest-growing vertical, followed by health services and fitness and wellness [34] Question: Demand environment and macro impact [19] - Marketing side of the business has flattened out, with no significant degradation in subscription metrics [38] Question: Payments growth and revenue contribution [46] - Payments represent a significant growth opportunity, with TPV at $10 9 billion and a $100 billion opportunity ahead [46] Question: Cost control and hiring freeze impact [60] - The company is managing capacity and expects to adjust sales and marketing investments based on market conditions [61] Question: Pricing strategy and inflation impact [41] - The company is proactive in implementing price increases to reflect value and inflation costs [42] Question: Net revenue retention (NRR) and cross-sell success [90] - NRR remains steady at 100%, driven by cross-sell and upsell activities, particularly in payments [31][129] Question: M&A priorities and private market valuations [135] - The company remains selective in M&A, focusing on opportunities that add value to the ecosystem [35] Question: Linearity of customer acquisition and revenue growth [141] - Seasonality impacts Q4, with stronger growth expected in Q2 and Q3 [124]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 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 81-4063248 (State or other jurisdiction of (I ...