EngageSmart LLC

NYSE ESMT

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EngageSmart LLC Cash Return on Equity (CROE) 2 year CAGR for the year ending December 31, 2022: 19.09%

EngageSmart LLC Cash Return on Equity (CROE) 2 year CAGR is 19.09% for the year ending December 31, 2022. The cash return on equity ratio measures the profitability of a company's shareholders' equity based on its operating cash flow. It is calculated by dividing operating cash flow by shareholders' equity. This ratio provides insight into how effectively the company generates cash flow in relation to the shareholders' investment. A higher ratio indicates better cash flow generation relative to the equity invested. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • EngageSmart LLC Cash Return on Equity (CROE) for the year ending December 31, 2022 was 0.06, a 101.49% change year over year.
  • EngageSmart LLC Cash Return on Equity (CROE) for the year ending December 31, 2021 was 0.03, a -29.62% change year over year.
  • EngageSmart LLC Cash Return on Equity (CROE) for the year ending December 31, 2020 was 0.05, a 1,480.06% change year over year.
  • EngageSmart LLC Cash Return on Equity (CROE) for the year ending December 31, 2019 was -0.00.
NYSE: ESMT

EngageSmart LLC

CEO Mr. Robert Paul Bennett
IPO Date Sept. 23, 2021
Location United States
Headquarters 30 Braintree Hill Office Park, Braintree, MA, United States, 02184
Employees 971
Sector Technology
Industry Software - infrastructure
Description

EngageSmart, Inc. provides vertically-tailored customer engagement and integrated payments solutions. The company operates through Enterprise Solutions and SMB Solutions segments. The Enterprise Solutions segment offers SaaS solutions to customer-client engagement through electronic billing and digital payments. The SMB Solutions segment provides end-to-end practice management solutions to health and wellness industry. It also offers SimplePractice, an end-to-end practice management and electronic health record platform that manages the practices, which enables virtual and in-person settings, schedule appointments, document cases, and billing and payment processing, as well as insurance claim processing; and InvoiceCloud, an electronic bill presentment and payment solution for government, utility, financial services customer digitize billing, client communications, and collections. In addition, the company provides HelathPay24, a patient engagement and payment platform for health systems, physician groups, dental practices, and medical billers, including patient self-pay collections; and DonorDrive, a fundraising platform for non-profits, healthcare organizations, and higher educational institutions, which produce virtual events, launch branded donation camping, and peer-to-peer fundraising. EngageSmart, Inc. was incorporated in 2018 and is headquartered in Braintree, Massachusetts.

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StockViz Staff

September 20, 2024

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