EverCommerce Q4 revenue $169.4M (+4.7% YoY), net loss $23.3M; fitness assets sold

EverCommerce Inc.

Revenue of $169.4M, up 4.7% from $161.8M YoY; pro forma growth ~4.3%.
Net loss of $23.3M ($0.12 per share) vs. $17.8M loss ($0.09) in Q4 2022.
Adjusted EBITDA $43.1M, up 22% YoY; 370 bps margin expansion; above guidance.
Sale of fitness assets announced as initial step in simplifying business.
Full-year 2023 revenue $670.1M (not provided in Q4-only summary above but implied by FY results).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

EverCommerce Inc. reported financial results for the quarter and year ended December 31, 2023.

Period: the quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

EverCommerce Inc. (the “Company”) issued a press release announcing financial results for the quarter and year ended December 31, 2023

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EverCommerce Inc. filing history →

Source: SEC EDGAR

accession 0001853145-24-000024

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