Financial Performance - Revenue reached $147.5 million, representing a 5.3% year-over-year growth[12, 38] - Adjusted EBITDA margin expanded by 140 bps year-over-year to 31.5%[13] - Pro Forma Last Twelve Months (LTM) Revenue was $585.1 million, with a 7.6% year-over-year growth[14] - Pro Forma annualized Total Payments Volume (TPV) is estimated at $13.0 billion[14] - Levered Free Cash Flow (LFCF) for Q3 2025 was $23.3 million[46] - Adjusted Unlevered Free Cash Flow (aUFCF) for Q3 2025 was $32.3 million, a 8.8% year-over-year decline[45] Customer Growth and Cross-Selling - 276,000 total customers are enabled with more than one solution, a 33% year-over-year increase[17, 18] - 116,000 customers actively utilize more than one solution, reflecting a 32% year-over-year growth[17, 18] Payments and Acquisitions - Payments revenue grew by 6.0% year-over-year, driven by Total Payments Volume (TPV) growth[13, 21] - The company closed the acquisition of AI agent ZyraTalk, an AI agentic platform[13] Outlook - Q4 2025 revenue is projected to be between $148 million and $152 million[49] - Q4 2025 Adjusted EBITDA is expected to be between $39.5 million and $41.5 million[49] - Full year 2025 revenue is guided to be between $584 million and $592 million[49] - Full year 2025 Adjusted EBITDA is guided to be between $174.5 million and $179.5 million[49]

Financial Performance - Revenue from continuing operations for Q3 2025 was $147.5 million, a 5.3% increase from $140.1 million in Q3 2024[7] - Adjusted EBITDA for Q3 2025 was $46.5 million, compared to $42.1 million in Q3 2024[7] - Net income for Q3 2025 was $5.8 million, or $0.03 per share, compared to a net loss of $9.1 million, or $(0.05) per share, in Q3 2024[7] - Total revenues for Q3 2025 reached $147.466 million, a 5.3% increase from $140.106 million in Q3 2024[25] - Adjusted EBITDA for the nine months ended September 30, 2025, was $45.960 million, compared to $13.562 million for the same period in 2024[25] - Net income for Q3 2025 was $11.116 million, a significant recovery from a net loss of $9.156 million in Q3 2024[25] - The company reported a basic net income per share of $0.06 for both Q3 2025 and the nine months ended September 30, 2025, compared to a loss of $0.05 per share in Q3 2024[25] - Adjusted EBITDA from continuing operations for the nine months ended September 30, 2025, was $136,355, an increase of 13.4% from $120,207 in the same period of 2024[33] Revenue Breakdown - Subscription and transaction fees revenue for Q3 2025 was $142.2 million, a 4.3% increase from $136.3 million in Q3 2024[7] - Subscription and transaction fees contributed $142.184 million to revenues in Q3 2025, up from $136.263 million in Q3 2024, reflecting a growth of 4.3%[25] - Pro Forma Revenue for Q3 2025 was $148.3 million, up 5.3% from $140.8 million in Q3 2024[7] - Pro forma revenue for Q3 2025, including acquisition revenue, was $148.340 million, compared to $140.815 million in Q3 2024[30] - Pro Forma Subscription and Transaction Fees Revenue for Q3 2025 reached $143,058, a 4.0% increase from $136,972 in Q3 2024[31] - Subscription and transaction fees revenue for the nine months ended September 30, 2025, totaled $422,804, compared to $405,329 in 2024, marking a growth of 4.3%[31] Cash Flow and Assets - Cash flows provided by operating activities for the nine months ended September 30, 2025, totaled $90.183 million, compared to $64.750 million in the same period of 2024[27] - Total assets as of September 30, 2025, were $1.403 billion, slightly down from $1.421 billion at the end of 2024[24] - Total liabilities increased to $674.592 million as of September 30, 2025, from $670.442 million at the end of 2024[24] Strategic Initiatives - The acquisition of ZyraTalk was highlighted as a key strategic move to enhance AI solutions for service SMBs[3] - The company announced a $50 million increase in its stock repurchase authorization, totaling $300 million since the program began[4] - The company repurchased 2.6 million shares for approximately $29.1 million during Q3 2025[5] - The company incurred $35.856 million in acquisition costs during the nine months ended September 30, 2025[27] Expenses - Depreciation and amortization expenses for Q3 2025 were $4,846, slightly down from $5,247 in Q3 2024[32] - The company incurred stock-based compensation expenses of $6,724 in Q3 2025, compared to $7,950 in Q3 2024, indicating a reduction of 15.4%[33] - Transaction-related and other non-recurring costs for the nine months ended September 30, 2025, were $14,111, down from $22,280 in the same period of 2024, reflecting a decrease of 36.5%[33]

Core Insights - EverCommerce Inc. reported third quarter financial results for the period ending September 30, 2025, with revenue in line with guidance and Adjusted EBITDA exceeding expectations, driven by cost optimization efforts and the acquisition of ZyraTalk, enhancing its AI capabilities for service SMBs [3][9]. Financial Performance - Revenue for the third quarter was $147.5 million, a 5.3% increase from $140.1 million in the same quarter of 2024 [9]. - Subscription and transaction fees revenue was $142.2 million, up 4.3% from $136.3 million year-over-year [9]. - Net income from continuing operations was $5.8 million, or $0.03 per share, compared to a net loss of $9.1 million, or $(0.05) per share, in the prior year [9][31]. - Adjusted EBITDA for the quarter was $46.5 million, compared to $42.1 million in the same quarter of 2024 [9]. Share Repurchase Program - The Board of Directors approved a $50 million increase in the stock repurchase authorization, bringing the total to $300 million since the program's inception [4][5]. - During the third quarter, the company repurchased 2.6 million shares for approximately $29.1 million, leaving $22.3 million available under the repurchase program as of September 30, 2025 [5][6]. Business Outlook - For the fourth quarter of 2025, revenue is expected to be between $148 million and $152 million [8]. - Full-year revenue guidance is projected to be in the range of $584 million to $592 million, with Adjusted EBITDA expected between $174.5 million and $179.5 million [15]. Key Metrics - Pro Forma Revenue for the third quarter was $148.3 million, reflecting a 5.3% increase compared to $140.8 million in the same quarter of 2024 [9][36]. - Pro Forma Subscription and Transaction Fees Revenue was $143.1 million, a 4.4% increase from $137.0 million year-over-year [9][38]. Balance Sheet Highlights - As of September 30, 2025, total assets were $1.403 billion, a slight decrease from $1.421 billion at the end of 2024 [28]. - Total liabilities stood at $674.6 million, compared to $670.4 million at the end of 2024 [28]. - Stockholders' equity was $728.5 million, down from $750.8 million at the end of 2024 [29]. Cash Flow Analysis - Net cash provided by operating activities for the nine months ended September 30, 2025, was $90.2 million, compared to $64.8 million in the same period of 2024 [33]. - Cash used in investing activities totaled $56.5 million, primarily due to acquisitions and capitalized software costs [34]. - Cash used in financing activities was $62.3 million, which included stock repurchases and payments on long-term debt [34].

Core Insights - Ignite Visibility has announced the acquisition of EverConnect from EverCommerce, enhancing its marketing service offerings [1] - EverConnect specializes in SEO, website development, lead generation, directory listings, and agency solutions, particularly for home services and healthcare sectors [1] - This partnership aligns with Ignite Visibility's mission to provide tailored marketing solutions for franchises and multi-location businesses [1]

Core Viewpoint - EverCommerce Inc. has sold its Marketing Technology solutions, known as "EverConnect," to Ignite Visibility, concluding a strategic review process initiated in March [1][2] Company Overview - EverCommerce is a leading service commerce platform that provides vertically-tailored, integrated SaaS solutions to over 725,000 global service-based businesses, enhancing growth, streamlining operations, and increasing customer retention [3] - The company specializes in Home, Health, and Wellness service industries through its brands EverPro, EverHealth, and EverWell, offering end-to-end business management software and customer experience applications [3] Transaction Details - The sale of EverConnect is viewed as a beneficial outcome for all stakeholders, allowing Ignite Visibility to invest in the business and enhance product offerings [2] - Financial advisory for EverCommerce was provided by Canaccord Genuity, while legal advice was given by Greenberg Traurig; Ignite Visibility was advised by Morrison Foerster [2] Ignite Visibility Overview - Ignite Visibility is a digital marketing agency that aids enterprise businesses and franchises in growth through data-driven strategies and innovative technology, serving over 90 multi-location brands and 2,500 locations [4] - The agency is recognized for its commitment to innovation, particularly with its Generative Engine Optimization (GEO) service, positioning it as a leader in AI-powered search [4]

Core Insights - EverCommerce Inc. will report its third quarter 2025 financial results on November 6, 2025, after U.S. financial markets close [1] - A conference call will be held on the same day at 5:00 p.m. Eastern Time to discuss the financial results and provide a business update [2] Company Overview - EverCommerce is a leading service commerce platform that offers vertically-tailored, integrated SaaS solutions to over 725,000 global service-based businesses [3] - The company specializes in Home, Health, and Wellness service industries through its brands EverPro, EverHealth, and EverWell, providing end-to-end business management software, payment acceptance, marketing technology, and customer experience applications [3]

Core Insights - Service Nation is hosting the 10th annual Service World Expo, a significant event for residential service business leaders, taking place from October 26-30 at Caesars Forum & Harrah's Las Vegas [1][3] - The expo will focus on education and training for residential contractors, emphasizing seven key pillars: business design, financials, human resources, leadership, marketing, operations, and sales [2] Event Highlights - The event will feature keynote speakers including Danica Patrick, Jeff Civillico, Jade Simmons, Darren LaCroix, and sessions on maximizing AI for automation and business leads [5] - Attendees will have access to general sessions, panels, and workshops led by industry experts, providing actionable insights and strategies [5] - Networking opportunities will be available through curated events such as mixers, costume parties, and business coaching happy hours [5] Company Overview - EverCommerce is a leading service commerce platform that supports over 725,000 global service-based businesses with integrated SaaS solutions [4] - The company specializes in providing end-to-end business management software, payment acceptance, marketing technology, and customer experience applications across various service industries [4]

Core Viewpoint - EverCommerce (EVCM) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts, and changes in these estimates are strongly correlated with stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance and Outlook - The recent upgrade for EverCommerce suggests an improvement in its underlying business, which could lead to increased stock prices as investors respond positively to this trend [5][10]. - Over the past three months, the Zacks Consensus Estimate for EverCommerce has increased by 988.9%, indicating a significant upward revision in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 5% receiving a "Strong Buy" rating, which positions EverCommerce favorably for potential market-beating returns [7][10]. - The Zacks Rank has a strong historical performance, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7].

Core Insights - EverCommerce has completed the acquisition of ZyraTalk, enhancing its position as an AI-driven innovator in the service SMB sector [1][2] - The acquisition aims to integrate ZyraTalk's AI capabilities into EverCommerce's Home & Field Services vertical, EverPro, with plans for broader applications across other verticals [1][2] Company Strategy - The acquisition is described as a strategic investment to drive long-term growth and deliver greater value to customers [2] - ZyraTalk's AI platform is expected to improve customer engagement by providing 24/7 responsiveness, booking appointments, and enhancing overall customer experience [2][6] Operational Impact - Integrating ZyraTalk's technology is anticipated to unlock new opportunities for automation, cross-selling, and customer engagement within EverPro's ecosystem of over 350,000 service providers [2][6] - The acquisition is expected to enhance efficiency and profitability for existing customers, potentially leading to measurable revenue increases [2][6] Financial Aspects - The transaction was funded using a portion of cash on hand, although specific financial terms were not disclosed [3]

Core Insights - Fundbox has entered into an agreement with EverCommerce Inc. to provide fast and flexible funding solutions directly integrated into the platforms used by small and medium-sized businesses (SMBs) [1][4] - The collaboration aims to enhance the financial ecosystem for contractors and home service professionals, allowing them to access capital whenever needed [3][5] Company Overview - Fundbox is a pioneer in embedded capital products for SMBs, having helped over 150,000 small businesses unlock more than $6 billion in capital since its inception in 2013 [7] - EverCommerce is a leading service commerce platform that supports over 725,000 global service-based businesses with integrated SaaS solutions [8] Integration Details - The integration will provide customers of EverPro's brands, including Joist and Invoice Simple, with seamless access to capital, supporting over 350,000 small businesses across the US, UK, Canada, and Australia [2][4] - Fundbox's embedded capital engine evaluates a business's financial profile using data from various sources, offering a more accurate assessment of business health [5]