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South Mountain Merger Corp.

EDGAR

BTRS Quarterly report (10-Q) · filed 2022-11-07

19 filing records in this dataset, filed from 2019-05-31 to 2022-11-07. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

51.4 million USD

2022 Q3 · USD

Exact inputs and evidence

Revenue: 51362000 USD Source

Operating margin

-44.24%

2022 Q3 · %

Exact inputs and evidence

Operating Income: -22721000 USD Source
Revenue: 51362000 USD Source

Operating cash flow

-2.6 million USD

2022 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: -28400000 USD Source
Operating Cash Flow: -25800000 USD Source

Free cash flow

-3.04 million USD

2022 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: -28400000 USD Source
Operating Cash Flow: -25800000 USD Source
Capital Expenditure: 1364000 USD Source
Capital Expenditure: 922000 USD Source

Cash and cash equivalents: 146 million USD 2022-09-30 Source
Exact value

145915000 USD
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Capital expenditure

1.43 million USD

2021-10-01 – 2022-09-30

Exact inputs and evidence

Capital expenditure: 1633000 USD · 2021-01-01 – 2021-12-31 Source
Capital expenditure: 1570000 USD · 2021-01-01 – 2021-09-30 Source
Capital expenditure: 454000 USD · 2022-01-01 – 2022-03-31 Source
Capital expenditure: 922000 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 454000 USD · 2022-01-01 – 2022-03-31 Source
Capital expenditure: 1364000 USD · 2022-01-01 – 2022-09-30 Source
Capital expenditure: 922000 USD · 2022-01-01 – 2022-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2022-11-07.

Financial data available through: 2021-12-31.

Coverage by financial measure

Revenue: 3 of 11 periods available· newest 2021-12-31
Operating income: 3 of 11 periods available· newest 2021-12-31
Net income: 3 of 11 periods available· newest 2021-12-31
Operating cash flow: 3 of 11 periods available· newest 2021-12-31
Capital expenditure: 3 of 11 periods available· newest 2021-12-31
Total assets: 2 of 11 periods available· newest 2021-12-31
Total liabilities: 2 of 11 periods available· newest 2021-12-31
Current assets: 2 of 11 periods available· newest 2021-12-31
Current liabilities: 2 of 11 periods available· newest 2021-12-31
Cash and cash equivalents: 2 of 11 periods available· newest 2021-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+14.2%

Prior period

USD 145.69 million

2020-01-01 – 2020-12-31
Current period

USD 166.41 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

166405000 − 145685000 = 20720000 USD

145685000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
166405000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Year-over-year change in Revenue: 20720000 USD Concept: fundies:Revenue Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 166405000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2594020 Filing: 000177415522000033 Input fundies:Revenue: 145685000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2656223 Filing: 000177415522000033
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Net income
−USD 44.17 million

Prior period

−USD 17.03 million

2020-01-01 – 2020-12-31
Current period

−USD 61.2 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

-61200000 − -17027000 = -44173000 USD

-17027000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
-61200000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Year-over-year change in Net income: -44173000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -61200000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2034646 Filing: 000177415522000033 Input fundies:NetIncome: -17027000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2035810 Filing: 000177415522000033
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Operating cash flow
−USD 9.38 million

Prior period

−USD 217,000

2020-01-01 – 2020-12-31
Current period

−USD 9.6 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

-9600000 − -217000 = -9383000 USD

-217000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
-9600000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Year-over-year change in Operating cash flow: -9383000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -9600000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1626539 Filing: 000177415522000033 Input fundies:OperatingCashFlow: -217000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1447488 Filing: 000177415522000033
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Capital expenditure
-7%

Prior period

USD 1.76 million

2020-01-01 – 2020-12-31
Current period

USD 1.63 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

1633000 − 1756000 = -123000 USD

1756000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
1633000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Year-over-year change in Capital expenditure: -123000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 1633000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1456596 Filing: 000177415522000033 Input fundies:CapitalExpenditure: 1756000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1457578 Filing: 000177415522000033
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2021 2021-01-01 – 2021-12-31

Revenue USD 166.41 million 100% of revenue
Cost of revenue USD 71.87 million 43% of revenue
Operating expenses USD 143.55 million 86% of revenue
Operating income −USD 49.02 million −29% of revenue
Tax, interest and other Derived USD 12.18 million 7.3% of revenue
Net income −USD 61.2 million −37% of revenue

Cash

Operating cash flow −USD 9.6 million −5.8% of revenue
Capital expenditure USD 1.63 million 1% of revenue
Free cash flow Derived −USD 11.23 million −6.8% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2019 Operating loss: operating costs were 115% of revenue.
2020 Operating loss: operating costs were 108% of revenue.
2021 Operating loss: operating costs were 129% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2019 2019-01-01 – 2019-12-31	136468000	157584000 Derived	-21116000	1687000 Derived	-22803000	-11592000 Derived	Source 2019-01-01 – 2019-12-31: 136468000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -21116000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -22803000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -7275000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 4317000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	145685000	157347000 Derived	-11662000	5365000 Derived	-17027000	-1973000 Derived	Source 2020-01-01 – 2020-12-31: 145685000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -11662000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -17027000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -217000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 1756000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	166405000	215423000 Derived	-49018000	12182000 Derived	-61200000	-11233000 Derived	Source 2021-01-01 – 2021-12-31: 166405000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -49018000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -61200000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -9600000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 1633000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 166.4M 2021

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20192019-12-31	Revenue	136468000	Revenue: 136468000 Open source
20202020-12-31	Revenue	145685000	Revenue: 145685000 Open source
20212021-12-31	Revenue	166405000	Revenue: 166405000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

14.2% 2021

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20192019-12-31	Year over year	No prior comparable period	Revenue: 136468000 Open source
20202020-12-31	Year over year	6.8%	Revenue: 145685000 Open source Revenue: 136468000 Open source
20212021-12-31	Year over year	14.2%	Revenue: 166405000 Open source Revenue: 145685000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -29.5% 2021

Net margin -36.8% 2021

Free cash flow margin -6.8% 2021

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20192019-12-31	Operating margin	-15.5%	Operating Income: -21116000 Open source Revenue: 136468000 Open source
20202020-12-31	Operating margin	-8%	Operating Income: -11662000 Open source Revenue: 145685000 Open source
20212021-12-31	Operating margin	-29.5%	Operating Income: -49018000 Open source Revenue: 166405000 Open source
20192019-12-31	Net margin	-16.7%	Net Income: -22803000 Open source Revenue: 136468000 Open source
20202020-12-31	Net margin	-11.7%	Net Income: -17027000 Open source Revenue: 145685000 Open source
20212021-12-31	Net margin	-36.8%	Net Income: -61200000 Open source Revenue: 166405000 Open source
20192019-12-31	Free cash flow margin	-8.5%	Revenue: 136468000 Open source Operating Cash Flow: -7275000 Open source Capital Expenditure: 4317000 Open source
20202020-12-31	Free cash flow margin	-1.4%	Revenue: 145685000 Open source Operating Cash Flow: -217000 Open source Capital Expenditure: 1756000 Open source
20212021-12-31	Free cash flow margin	-6.8%	Revenue: 166405000 Open source Operating Cash Flow: -9600000 Open source Capital Expenditure: 1633000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -9.6M 2021

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20192019-12-31	Operating cash flow	-7275000	Operating Cash Flow: -7275000 Open source
20202020-12-31	Operating cash flow	-217000	Operating Cash Flow: -217000 Open source
20212021-12-31	Operating cash flow	-9600000	Operating Cash Flow: -9600000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -11.2M 2021

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20192019-12-31	Free cash flow	-11592000	Operating Cash Flow: -7275000 Open source Capital Expenditure: 4317000 Open source
20202020-12-31	Free cash flow	-1973000	Operating Cash Flow: -217000 Open source Capital Expenditure: 1756000 Open source
20212021-12-31	Free cash flow	-11233000	Operating Cash Flow: -9600000 Open source Capital Expenditure: 1633000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

34.2% 2021

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2019-12-31	Liabilities / assets	Not reported	No source recorded
20202020-12-31	Liabilities / assets	97.4%	Total Liabilities: 143730000 Open source Total Assets: 147540000 Open source
20212021-12-31	Liabilities / assets	34.2%	Total Liabilities: 161015000 Open source Total Assets: 470649000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

3.09× 2021

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2019-12-31	Current assets / current liabilities	Not reported	No source recorded
20202020-12-31	Current assets / current liabilities	1.08×	Current Assets: 70362000 Open source Current Liabilities: 65092000 Open source
20212021-12-31	Current assets / current liabilities	3.09×	Current Assets: 299663000 Open source Current Liabilities: 96918000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2019 2019-01-01 – 2019-12-31	−USD 22.8 million Exact value Exact value: -22803000 USD 2019-01-01 – 2019-12-31: -22803000 USD Inspect Net Income Open source Share or cite Citation for Net Income · South Mountain Merger Corp. · 2019-12-31 South Mountain Merger Corp. (edgar:1774155) Net Income: -22803000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -22803000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2036974 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	−USD 7.28 million Exact value Exact value: -7275000 USD 2019-01-01 – 2019-12-31: -7275000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · South Mountain Merger Corp. · 2019-12-31 South Mountain Merger Corp. (edgar:1774155) Operating Cash Flow: -7275000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -7275000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1448500 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	USD 4.32 million Exact value Exact value: 4317000 USD 2019-01-01 – 2019-12-31: 4317000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · South Mountain Merger Corp. · 2019-12-31 South Mountain Merger Corp. (edgar:1774155) Capital Expenditure: 4317000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 4317000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1458560 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	−USD 11.59 million Calculation and evidence -7275000 − 4317000 USD Exact free cash flow: -11592000 USD 2019-01-01 – 2019-12-31: -7275000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 4317000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · South Mountain Merger Corp. · 2019-12-31 South Mountain Merger Corp. (edgar:1774155) Free cash flow: -11592000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -7275000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1448500 Filing: 000177415522000033 Input fundies:CapitalExpenditure: 4317000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1458560 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 17.03 million Exact value Exact value: -17027000 USD 2020-01-01 – 2020-12-31: -17027000 USD Inspect Net Income Open source Share or cite Citation for Net Income · South Mountain Merger Corp. · 2020-12-31 South Mountain Merger Corp. (edgar:1774155) Net Income: -17027000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -17027000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2035810 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	−USD 217,000 Exact value Exact value: -217000 USD 2020-01-01 – 2020-12-31: -217000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · South Mountain Merger Corp. · 2020-12-31 South Mountain Merger Corp. (edgar:1774155) Operating Cash Flow: -217000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -217000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1447488 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	USD 1.76 million Exact value Exact value: 1756000 USD 2020-01-01 – 2020-12-31: 1756000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · South Mountain Merger Corp. · 2020-12-31 South Mountain Merger Corp. (edgar:1774155) Capital Expenditure: 1756000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1756000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1457578 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	−USD 1.97 million Calculation and evidence -217000 − 1756000 USD Exact free cash flow: -1973000 USD 2020-01-01 – 2020-12-31: -217000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 1756000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · South Mountain Merger Corp. · 2020-12-31 South Mountain Merger Corp. (edgar:1774155) Free cash flow: -1973000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -217000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1447488 Filing: 000177415522000033 Input fundies:CapitalExpenditure: 1756000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1457578 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 61.2 million Exact value Exact value: -61200000 USD 2021-01-01 – 2021-12-31: -61200000 USD Inspect Net Income Open source Share or cite Citation for Net Income · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Net Income: -61200000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -61200000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#2034646 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	−USD 9.6 million Exact value Exact value: -9600000 USD 2021-01-01 – 2021-12-31: -9600000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Operating Cash Flow: -9600000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -9600000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1626539 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	USD 1.63 million Exact value Exact value: 1633000 USD 2021-01-01 – 2021-12-31: 1633000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Capital Expenditure: 1633000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1633000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1456596 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.	−USD 11.23 million Calculation and evidence -9600000 − 1633000 USD Exact free cash flow: -11233000 USD 2021-01-01 – 2021-12-31: -9600000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 1633000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · South Mountain Merger Corp. · 2021-12-31 South Mountain Merger Corp. (edgar:1774155) Free cash flow: -11233000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:39:27Z Snapshot: 36c914b561df19efd6689297b5d9040f29db58a961a03910ae3212e3dfe6d414 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1774155?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -9600000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1626539 Filing: 000177415522000033 Input fundies:CapitalExpenditure: 1633000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1774155/000177415522000033/brts-20211231.htm#1456596 Filing: 000177415522000033 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

19 filings · 2,183 latest values · 2,183 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001774155, 1774155, BTRS, edgar:1774155

Also known as BTRS HOLDINGS INC., BTRS Holdings Inc., South Mountain Merger Corp.

South Mountain Merger Corp.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Trailing twelve months

Capital expenditure

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2021 2021-01-01 – 2021-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation