EverCommerce Inc. — Earnings Quality Grade F
EVCM · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 23 days, change +3 days YoY
AR growth 19.2% exceeds revenue growth 4.8%
Revenue 4.8%, CFFO -1.5%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 68.5% is >2x revenue growth 4.8%
SG&A/Gross Profit = 55.0%. Normal
Gross margin 77.6%, change -0.2pp. Stable
Cash Flow Quality
CFFO/NI = 6.33. Profits backed by cash
FCF $0.1B, FCF/NI = 4.52
Accruals ratio = -6.8%. Low accruals
Cash $0.1B covers only 25% of debt $0.5B
Balance Sheet Health
Goodwill+Intangibles $1.1B = 156% of equity. Over 50%
Debt/EBITDA = 4.1x (>4x). Financial stress
Other assets -55.2% vs revenue 4.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 0% YoY. Normal
Manipulation Score
M-Score = -2.63 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25