EverCommerce Files 2024 10-K, Reports Asset Impairments
Ticker: EVCM · Form: 10-K · Filed: Mar 13, 2025 · CIK: 1853145
| Field | Detail |
|---|---|
| Company | Evercommerce Inc. (EVCM) |
| Form Type | 10-K |
| Filed Date | Mar 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, asset-impairment, disposal
TL;DR
EverCommerce 2024 10-K is in. They sold off North American Fitness Solutions. Watch for asset impairment charges.
AI Summary
EverCommerce Inc. filed its 2024 10-K on March 13, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered in Denver, CO, operates in the prepackaged software industry. The filing includes information on asset impairment charges and disposal of operations, specifically mentioning the sale of the North American Fitness Solutions business.
Why It Matters
This filing provides investors with a comprehensive overview of EverCommerce's financial performance and strategic decisions, including asset sales, which can impact future profitability and stock valuation.
Risk Assessment
Risk Level: medium — The filing details asset impairments and disposal of operations, which can indicate challenges or strategic shifts that may affect future financial performance.
Key Players & Entities
- EverCommerce Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-13 (date) — Filing date
- Denver, CO (location) — Company headquarters
- North American Fitness Solutions (company) — Disposed of business segment
FAQ
What were the significant financial impacts of the asset impairments and disposal of operations mentioned in the filing?
The filing indicates asset impairment charges and the disposal of operations, specifically the North American Fitness Solutions segment, but specific dollar amounts for these events are not detailed in the provided header information.
When did EverCommerce Inc. file its 10-K for the fiscal year ending December 31, 2024?
EverCommerce Inc. filed its 10-K for the fiscal year ending December 31, 2024, on March 13, 2025.
What is EverCommerce Inc.'s primary business classification according to the SEC filing?
EverCommerce Inc. is classified under SERVICES-PREPACKAGED SOFTWARE with SIC code 7372.
Where is EverCommerce Inc. headquartered?
EverCommerce Inc. is headquartered at 3601 Walnut Street, Suite 400, Denver, CO 80205.
Does the filing mention any specific discontinued operations or sales of business segments?
Yes, the filing mentions the disposal of operations, specifically identifying the 'NorthAmericanFitnessSolutionsMember' as a disposal group by sale not discontinued operations.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 13, 2025 regarding EverCommerce Inc. (EVCM).