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EverCommerce (EverCommerce) EBIT : $3.1 Mil (TTM As of Mar. 2024)


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What is EverCommerce EBIT?

EverCommerce's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-4.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EverCommerce's annualized ROC % for the quarter that ended in Mar. 2024 was 3.06%. EverCommerce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -205.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EverCommerce's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.14%.


EverCommerce EBIT Historical Data

The historical data trend for EverCommerce's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EverCommerce EBIT Chart

EverCommerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-69.77 -22.04 -55.91 -30.59 2.43

EverCommerce Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.29 1.78 6.29 -0.36 -4.61

Competitive Comparison of EverCommerce's EBIT

For the Software - Infrastructure subindustry, EverCommerce's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EverCommerce's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, EverCommerce's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EverCommerce's EV-to-EBIT falls into.



EverCommerce EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EverCommerce  (NAS:EVCM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

EverCommerce's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=26.444 * ( 1 - -56.95% )/( (1380.39 + 1335.896)/ 2 )
=41.503858/1358.143
=3.06 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1518.064 - 74.903 - ( 92.609 - max(0, 117.376 - 180.147+92.609))
=1380.39

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1482.516 - 65.875 - ( 89.976 - max(0, 113.865 - 194.61+89.976))
=1335.896

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

EverCommerce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.44/( ( (9.734 + max(-40.455, 0)) + (8.25 + max(-19.685, 0)) )/ 2 )
=-18.44/( ( 9.734 + 8.25 )/ 2 )
=-18.44/8.992
=-205.07 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.417 + 0 + 26.004) - (74.903 + 36.973 + 0)
=-40.455

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.405 + 0 + 40.275) - (65.875 + 36.716 + 5.774)
=-19.685

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

EverCommerce's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3.104/2212.590
=0.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EverCommerce EBIT Related Terms

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EverCommerce (EverCommerce) Business Description

Traded in Other Exchanges
N/A
Address
3601 Walnut Street, Suite 400, Denver, CO, USA, 80205
EverCommerce Inc service commerce platform, providing vertically tailored, integrated SaaS solutions that support the diverse workflows and customer interactions that professionals in home services, health services, and fitness & wellness services need to automate manual processes, generate new business, and create more loyal customers. It has its geographic presence in United States and in International markets.
Executives
Evan Berlin officer: Chief Operating Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Sarah Michelle Jordan officer: Chief Marketing Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Eric Richard Remer director, officer: Chief Executive Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Matthew David Feiersrtein officer: President C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Lisa E Storey officer: General Counsel C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Marc Christopher Thompson officer: Chief Financial Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Shane Driggers officer: Chief Human Resources Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Debby Soo director C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Samuel Christopher Alaimo officer: Chief Technology Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Ryan H Siurek officer: Chief Accounting Officer 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Lee Dabberdt officer: Chief Accounting Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
John Rudella director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Lisa M. Sterling officer: Chief Admin and HR Officer C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
De Souza Stone Koffi officer: Chief Operating Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Richard A Simonson director C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134

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