Company research
BTRS Holdings Inc.
CIK 1774155Updated Sep 24, 2026
Securities
Name history
South Mountain Merger Corp. · through Jan 12, 2021
BTRS price & chart
Historical security
This listing closed Dec 16, 2022. Live provider charts are shown only for current listings.
In the news
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Recent filings
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Financials
FY 2021 · USDSource
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balance sheet · annual statements
| Line item | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 470,649,000Source | 253,568,166Source | 253,616,835Source |
| Property, Plant and EquipmentUSD | — | 16,650,000Source | — |
| GoodwillUSD | 88,148,000Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 24,339,000Source | — | — |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 187,672,000Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 34,394,000Source | — | — |
| Inventory, NetUSD | 800,000Source | — | — |
| Assets, CurrentUSD | 299,663,000Source | 1,275,211Source | 1,750,894Source |
| Operating Lease, Right-of-Use AssetUSD | 28,623,000Source | — | — |
| Other Assets, NoncurrentUSD | 5,122,000Source | — | — |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 161,015,000Source | 12,741,227Source | 8,336,936Source |
| Stockholders’ equity: | |||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 516,987,000Source | 8,048,689Source | 3,595,780Source |
| Retained Earnings (Accumulated Deficit)USD | -206,077,000Source | -3,049,473Source | 1,403,487Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,292,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 309,634,000Source | 5,000,005Source | 5,000,006Source |
| Liabilities and EquityUSD | 470,649,000Source | 253,568,166Source | 253,616,835Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 88,825,000Source | 4,770,852Source | — |
| Operating Lease, Liability, CurrentUSD | 3,225,000Source | — | — |
| Accounts Payable, CurrentUSD | 2,968,000Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 32,461,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 4,338,000Source | — | — |
| Other Liabilities, NoncurrentUSD | 2,808,000Source | — | — |
| Additional Financial Items | |||
| Accrued Liabilities, CurrentUSD | 46,263,000Source | — | 366,561Source |
| Deferred Tax Liabilities, NetUSD | 4,338,000Source | 0Source | — |
cash flow · annual statements
| Line item | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 5,516,000Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 26,151,000Source | — | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 10,420,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | -137,000Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -9,560,000Source | -1,071,206Source | -712,642Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -103,583,000Source | 482,347Source | -249,527,884Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,633,000Source | — | — |
| Cash flows from financing activities: | |||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 4,013,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 287,115,000Source | 0Source | 251,846,787Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 1,617,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 173,966,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 212,809,000Source | 1,017,402Source | 1,606,261Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 135,000Source | — | — |
| Income Taxes Paid, NetUSD | 0Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -6,000Source | — | — |
| Additional Financial Items | |||
| Share-based Payment Arrangement, ExpenseUSD | 26,151,000Source | — | — |
| Amortization of Intangible AssetsUSD | 2,200,000Source | — | — |
| Capitalized Computer Software, AmortizationUSD | 300,000Source | — | — |
| General and Administrative ExpenseUSD | 48,282,000Source | — | — |
| GoodwillUSD | 88,148,000Source | — | — |
| Goodwill, Impairment LossUSD | 0Source | — | — |
| Income Tax Expense (Benefit)USD | -113,000Source | 2,645Source | 373,079Source |
| Investment Income, InterestUSD | 440,000Source | 909,361Source | 2,338,057Source |
| Marketable Securities, Unrealized Gain (Loss)USD | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -61,200,000Source | -4,452,960Source | 1,403,487Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -311,472Source |
| Nonoperating Income (Expense)USD | -12,295,000Source | 909,361Source | — |
| Operating ExpensesUSD | 143,549,000Source | 5,359,676Source | 561,491Source |
| Other Nonoperating Income (Expense)USD | -9,783,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 25,000Source |
| Proceeds from Stock Options ExercisedUSD | 6,742,000Source | — | — |
income statement · annual statements
| Line item | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Total RevenueUSD | 131,574,000Source | — | — |
| Cost of Goods and Services Sold | — | — | — |
| Operating Income (Loss)USD | -49,018,000Source | -5,359,676Source | -561,491Source |
| Other Nonoperating Income (Expense)USD | -9,783,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -61,313,000Source | -4,450,315Source | 1,776,566Source |
| Income Tax Expense (Benefit)USD | -113,000Source | 2,645Source | 373,079Source |
| Net Income (Loss) Attributable to ParentUSD | -61,200,000Source | -4,452,960Source | 1,403,487Source |
| Earnings Per Share, BasicUSD per share | -0.39Source | — | — |
| Earnings Per Share, DilutedUSD per share | -0.39Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 155,066,000Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 155,066,000Source | — | — |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | 2,200,000Source | — | — |
| Capitalized Computer Software, AmortizationUSD | 300,000Source | — | — |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 37,043,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 24,000Source | — | — |
| General and Administrative ExpenseUSD | 48,282,000Source | — | — |
| Goodwill, Impairment LossUSD | 0Source | — | — |
| Gross ProfitUSD | 94,531,000Source | — | — |
| Investment Income, InterestUSD | 440,000Source | 909,361Source | 2,338,057Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -311,472Source |
| Nonoperating Income (Expense)USD | -12,295,000Source | 909,361Source | — |
| Operating ExpensesUSD | 143,549,000Source | 5,359,676Source | 561,491Source |
| Research and Development ExpenseUSD | 50,127,000Source | — | — |
| Selling and Marketing ExpenseUSD | 39,624,000Source | — | — |