GURUFOCUS.COM » STOCK LIST » Technology » Software » EverCommerce Inc (NAS:EVCM) » Definitions » Retained Earnings

EverCommerce (EverCommerce) Retained Earnings : $-636.3 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is EverCommerce Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EverCommerce's retained earnings for the quarter that ended in Mar. 2024 was $-636.3 Mil.

EverCommerce's quarterly retained earnings declined from Sep. 2023 ($-596.6 Mil) to Dec. 2023 ($-620.0 Mil) and declined from Dec. 2023 ($-620.0 Mil) to Mar. 2024 ($-636.3 Mil).

EverCommerce's annual retained earnings declined from Dec. 2021 ($-513.2 Mil) to Dec. 2022 ($-573.0 Mil) and declined from Dec. 2022 ($-573.0 Mil) to Dec. 2023 ($-620.0 Mil).


EverCommerce Retained Earnings Historical Data

The historical data trend for EverCommerce's Retained Earnings 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 Retained Earnings Chart

EverCommerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-371.31 -431.26 -513.23 -573.05 -619.98

EverCommerce Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 -595.13 -596.03 -596.64 -619.98 -636.30

EverCommerce Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


EverCommerce  (NAS:EVCM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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

EverCommerce (EverCommerce) Headlines

From GuruFocus

Shane Driggers Joins EverCommerce as Chief Human Resources Officer

By GuruFocusNews GuruFocusNews 07-06-2022

DrChrono Receives 2022 MedTech Breakthrough Award

By GuruFocusNews GuruFocusNews 06-30-2022

EverCommerce to Present at Upcoming Investor Conferences

By GlobeNewswire GlobeNewswire 11-11-2022

Shane Driggers Joins EverCommerce as Chief Human Resources Officer

By GuruFocusNews GuruFocusNews 06-26-2022

Shane Driggers Joins EverCommerce as Chief Human Resources Officer

By GuruFocusNews GuruFocusNews 06-16-2022

EverCommerce Announces $50 Million Share Repurchase Program

By GuruFocusNews GuruFocusNews 06-25-2022

EverCommerce Announces $50 Million Share Repurchase Program

By PurpleRose PurpleRose 07-15-2022

EverCommerce to Present at Upcoming Investor Conferences

By Value_Insider Value_Insider 11-11-2022