secwatch.observer — SEC 8-K summary
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Issuer:     EverCommerce Inc. (EVCM)
CIK:        0001853145
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001853145-24-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853145/000185314524000024/0001853145-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853145/000185314524000024/evcm-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001853145-24-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer