Evercommerce, Inc. ( (EVCM) ) has released its Q1 earnings. Here is a breakdown of the information Evercommerce, Inc. presented to its investors.
EverCommerce Inc. is a leading service commerce platform that provides integrated SaaS solutions tailored for service-based businesses in industries such as home, health, and wellness. The company offers business management software, embedded payment acceptance, marketing technology, and customer experience applications to help businesses accelerate growth and streamline operations.
In its first quarter of 2025, EverCommerce reported a revenue increase of 3.2% from continuing operations, reaching $142.3 million. The company also achieved a net income of $0.9 million, a significant improvement from a net loss of $16.0 million in the same quarter of the previous year. The company’s adjusted EBITDA rose to $44.9 million, exceeding the top end of their guidance range.
Key financial highlights include a 7.4% increase in pro forma revenue, excluding fitness, and a 7.6% rise in pro forma subscription and transaction fees revenue. The company also announced a $50 million increase in its stock repurchase authorization, bringing the total to $250 million. EverCommerce repurchased 1.1 million shares for approximately $11.2 million during the quarter.
Looking ahead, EverCommerce expects its second-quarter 2025 revenue to range between $144.5 million and $147.5 million, with adjusted EBITDA projected between $39.5 million and $41.5 million. For the full year 2025, the company anticipates revenue between $581 million and $601 million and adjusted EBITDA between $167.5 million and $175.5 million.
Overall, EverCommerce’s management remains optimistic about the company’s future, focusing on strategic investments in high-margin areas such as payments monetization and artificial intelligence to drive growth and operational efficiency.