EVEREverQuote, Inc.
Services-Computer Programming, Data Processing, Etc.
- Revenue
- $693M
- 38% YoY
- Operating margin
- 8.4%
- 33% YoY
- EBITDA
- $62M
- 66% YoY
- Market cap
- $859M
- Employees
- 356
- $2M revenue each
- Net debt / EBITDA
- -3.0×
- −$185M net debt
- AI in 10-K
- 5.8
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo$5M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo96% of net incomeCash flow under 80% of net income
- Dilutive SBCNo4% of revenueOver 10% of revenue
- Payouts exceed cash flowNo22% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo6% of assetsOver 40% of assets
- Shareholder dissentYes80% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeNo$2M · 92nd pctBottom quartile of its SIC industry
- Quiet on AINo5.8 per 10K words · 85th pctBottom quartile of AI mentions in 10-Ks
- Net cashYesNet cash · 3.0× EBITDAMore cash than debt, positive EBITDA
- Buyout-sizedYes$859M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$5M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $419M | $404M | $288M | $500M | $693M | 38% |
| Operating income | −$22M | −$25M | −$52M | $32M | $58M | 84% |
| Net income | −$19M | −$24M | −$51M | $32M | $99M | 209% |
| Operating cash flow | $7M | −$16M | −$3M | $67M | $95M | 43% |
| Capex | $3M | $4M | $4M | $4M | $5M | 23% |
| Stock-based comp | $30M | $29M | $24M | $21M | $24M | 18% |
| Buybacks | — | — | — | — | $21M |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Aug 13, 2025 | BLUNDIN DAVID B | SCHEDULE 13D/A | 18.4% | Passive |
| Mar 25, 2025 | BLUNDIN DAVID B | SCHEDULE 13D/A | 21.4% | Passive |
| Sep 5, 2024 | BLUNDIN DAVID B | SC 13D/A | 22.4% | Passive |
| May 7, 2024 | BLUNDIN DAVID B | SC 13D/A | 5.2% | Passive |
| Mar 15, 2024 | BLUNDIN DAVID B | SC 13D/A | 21.0% | Passive |
| Feb 20, 2024 | BLUNDIN DAVID B | SC 13D/A | 22.0% | Passive |
| Apr 25, 2023 | BLUNDIN DAVID B | SC 13D/A | 22.8% | Active |
| Mar 28, 2022 | LINK VENTURES INVESTMENT VEHICLE II, LLC | SC 13D/A | 16.9% | Passive |
| Mar 3, 2022 | BLUNDIN DAVID B | SC 13D/A | 38.0% | Passive |
| Feb 9, 2022 | BLUNDIN DAVID B | SC 13D | 34.6% | Passive |
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $5M · 57
- Net
- −$5M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $9M | $14M | 72 | — |
| FY2024 | $6M | $9M | 54 | — |
| FY2023 | $4M | $3M | 33 | — |
| FY2022 | $3M | $2M | 39 | — |