NASDAQ : THRY
Thryv Holdings, Inc. — Financial statements
Technology · Software - Application · United States
Last price 1.25 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 55.55M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Thryv Holdings, Inc. (THRY) reported revenue of 711.59M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 711.59M | 785.01M | 824.16M | 916.96M | 1.20B | 1.11B |
| Cost of Revenue | 240.97M | 252.31M | 286.92M | 338.71M | 422.01M | 408.04M |
| Gross Profit | 470.62M | 532.71M | 537.24M | 578.25M | 780.38M | 705.34M |
| Selling, General & Admin | 406.29M | 445.71M | 446.92M | 483.22M | 534.23M | 496.89M |
| Research & Development | 39.18M | 39.11M | 15.71M | 12.74M | ||
| Operating Expenses | 445.47M | 484.82M | 462.64M | 495.96M | 534.23M | 496.89M |
| Operating Income | 25.14M | 47.89M | 74.60M | 82.28M | 246.16M | 208.45M |
| Interest Expense | -30.86M | -34.76M | -46.77M | -61.73M | -60.41M | -66.37M |
| Currency Exchange Gain (Loss) | 3.50M | 3.50M | -4.10M | -600.00K | 1.60M | |
| Other Non Operating Income (Expenses) | -1.55M | 409.00K | 4.00K | -918.00K | 2.96M | -1.05M |
| EBT Excluding Unusual Items | -3.77M | 17.04M | 23.73M | 19.04M | 190.31M | 141.03M |
| Impairment of Goodwill | -83.09M | -268.80M | -102.20M | -3.61M | ||
| Asset Writedown | -46.00K | -22.00K | ||||
| Other Unusual Items | -6.64M | -10.73M | 10.88M | -3.10M | ||
| Pretax Income | -3.77M | 17.04M | -66.00M | -260.54M | 98.97M | 134.31M |
| Income Tax Expense | 12.36M | 16.74M | 8.22M | -1.25M | 44.63M | 32.74M |
| Net Income | -16.12M | 307.00K | -74.22M | -259.30M | 54.35M | 101.58M |
| Net Income to Common | -16.12M | 307.00K | -74.22M | -259.30M | 54.35M | 101.58M |
| Shares Outstanding (Basic) | 43.97M | 43.62M | 37.14M | 34.72M | 34.34M | 33.61M |
| Shares Outstanding (Diluted) | 43.97M | 44.48M | 37.14M | 34.72M | 36.51M | 36.50M |
| EPS (Basic) | -0.37 | 0.01 | -2.00 | -7.47 | 1.58 | 3.02 |
| EPS (Diluted) | -0.37 | 0.01 | -2.00 | -7.47 | 1.49 | 2.78 |
| Free Cash Flow | 38.15M | 31.14M | 56.25M | 114.83M | 119.34M | 143.72M |
| Free Cash Flow Per Share | 0.87 | 0.70 | 1.51 | 3.31 | 3.27 | 3.94 |
| Gross Margin | 66.14% | 67.86% | 65.19% | 63.06% | 64.90% | 63.35% |
| Operating Margin | 3.53% | 6.10% | 9.05% | 8.97% | 20.47% | 18.72% |
| Profit Margin | -2.27% | 0.04% | -9.01% | -28.28% | 4.52% | 9.12% |
| Free Cash Flow Margin | 5.36% | 3.97% | 6.83% | 12.52% | 9.93% | 12.91% |
| EBITDA | 37.00M | 61.40M | 96.48M | 115.45M | 304.67M | 289.04M |
| EBITDA Margin | 5.20% | 7.82% | 11.71% | 12.59% | 25.34% | 25.96% |
| D&A For EBITDA | 11.86M | 13.50M | 21.88M | 33.16M | 58.51M | 80.59M |
| EBIT | 25.14M | 47.89M | 74.60M | 82.28M | 246.16M | 208.45M |
| EBIT Margin | 3.53% | 6.10% | 9.05% | 8.97% | 20.47% | 18.72% |
| Effective Tax Rate | 98.20% | 45.09% | 24.37% | |||
| Advertising Expenses | 10.60M | 10.70M | 14.80M | 29.30M | 40.80M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.14M | 10.75M | 16.31M | 18.22M | 16.03M | 11.26M |
| Cash & Short-Term Investments | 9.14M | 10.75M | 16.31M | 18.22M | 16.03M | 11.26M |
| Accounts Receivable | 128.38M | 136.81M | 163.75M | 208.41M | 287.28M | 284.31M |
| Other Receivables | 1.17M | 8.13M | 6.22M | 3.08M | 11.55M | 14.71M |
| Receivables | 129.55M | 144.94M | 169.97M | 211.50M | 298.83M | 299.02M |
| Prepaid Expenses | 11.00M | 10.94M | 13.92M | 17.77M | 25.09M | 22.42M |
| Restricted Cash | 43.00K | 117.00K | 1.45M | 2.31M | 2.15M | 2.29M |
| Other Current Assets | 8.24M | 12.11M | 9.07M | 17.07M | 36.21M | 35.65M |
| Total Current Assets | 157.97M | 178.86M | 210.72M | 266.87M | 378.32M | 370.64M |
| Property, Plant & Equipment | 49.24M | 51.59M | 46.90M | 41.31M | 47.17M | 60.45M |
| Goodwill | 253.81M | 253.81M | 253.32M | 302.40M | 566.00M | 671.89M |
| Other Intangible Assets | 22.98M | 25.93M | 34.26M | 18.79M | 34.72M | 82.58M |
| Long-Term Accounts Receivable | 20.68M | 40.72M | 16.85M | 16.16M | 23.65M | |
| Long-Term Deferred Tax Assets | 137.60M | 133.22M | 143.50M | 128.05M | 113.86M | 90.56M |
| Long-Term Deferred Charges | 600.00K | 1.70M | 1.74M | 2.69M | 2.74M | 4.51M |
| Other Long-Term Assets | 11.25M | 2.75M | 4.89M | 6.90M | 11.42M | 19.86M |
| Total Assets | 654.13M | 688.59M | 712.16M | 783.17M | 1.18B | 1.30B |
| Accounts Payable | 5.51M | 9.76M | 13.01M | 10.35M | 18.97M | 8.61M |
| Accrued Expenses | 63.19M | 67.49M | 70.09M | 98.17M | 118.17M | 117.58M |
| Current Portion of Long-Term Debt | 35.00M | 17.50M | 13.12M | 70.00M | 70.00M | 70.00M |
| Current Portion of Leases | 2.32M | 3.66M | 7.85M | 7.30M | 9.78M | 11.79M |
| Current Income Taxes Payable | 9.63M | 5.46M | 4.80M | 8.83M | 9.80M | 17.66M |
| Current Unearned Revenue | 24.82M | 28.88M | 40.31M | 44.56M | 41.85M | 51.73M |
| Other Current Liabilities | 17.98M | 46.85M | 47.07M | 23.98M | 31.92M | 29.77M |
| Total Current Liabilities | 158.45M | 179.59M | 196.26M | 263.19M | 300.49M | 307.13M |
| Long-Term Debt | 208.73M | 235.99M | 271.21M | 278.90M | 399.81M | 492.48M |
| Long-Term Leases | 4.19M | 2.81M | 5.83M | 13.59M | 24.33M | |
| Pension & Post-Retirement Benefits | 41.42M | 44.17M | 38.01M | 69.39M | 72.59M | 140.17M |
| Long-Term Deferred Tax Liabilities | 10.80M | |||||
| Other Long-Term Liabilities | 33.97M | 6.51M | 6.95M | 13.16M | 9.13M | 10.88M |
| Total Liabilities | 442.57M | 470.45M | 515.25M | 630.47M | 795.61M | 985.79M |
| Common Stock | 730.00K | 720.00K | 706.00K | 627.00K | 613.00K | 608.00K |
| Additional Paid-In Capital | 1.31B | 1.30B | 1.27B | 1.15B | 1.11B | 1.08B |
| Retained Earnings | -584.23M | -572.11M | -572.42M | -498.20M | -238.91M | -293.25M |
| Treasury Stock | -499.76M | -498.10M | -488.90M | -485.79M | -468.88M | -468.88M |
| Comprehensive Income & Other | -16.02M | -15.51M | -14.94M | -15.19M | -16.26M | -8.05M |
| Shareholders' Equity | 211.56M | 218.14M | 196.92M | 152.70M | 382.27M | 314.71M |
| Total Liabilities & Equity | 654.13M | 688.59M | 712.16M | 783.17M | 1.18B | 1.30B |
| Total Debt | 246.05M | 261.34M | 294.99M | 362.03M | 493.18M | 598.59M |
| Net Cash (Debt) | -236.91M | -250.59M | -278.68M | -343.81M | -477.14M | -587.33M |
| Net Cash Per Share | -5.39 | -5.63 | -7.50 | -9.90 | -13.07 | -16.09 |
| Filing Date Shares Outstanding | 44.44M | 44.17M | 43.37M | 35.56M | 34.75M | 34.16M |
| Total Common Shares Outstanding | 44.42M | 43.82M | 43.03M | 35.30M | 34.59M | 34.15M |
| Working Capital | -477.00K | -736.00K | 14.46M | 3.68M | 77.82M | 63.51M |
| Book Value Per Share | 4.76 | 4.98 | 4.58 | 4.33 | 11.05 | 9.22 |
| Tangible Book Value | -65.23M | -61.60M | -90.66M | -168.49M | -218.45M | -439.75M |
| Tangible Book Value Per Share | -1.47 | -1.41 | -2.11 | -4.77 | -6.31 | -12.88 |
| Machinery | 28.55M | 36.22M | 39.08M | 40.77M | 34.62M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -16.12M | 307.00K | -74.22M | -259.30M | 54.35M | 101.58M |
| Depreciation & Amortization | 11.86M | 13.50M | 21.88M | 33.16M | 58.51M | 80.59M |
| Other Amortization | 39.74M | 43.83M | 53.21M | 50.46M | 47.74M | 41.65M |
| Asset Writedown & Restructuring Costs | 83.09M | 268.85M | 102.22M | 3.61M | ||
| Stock-Based Compensation | 19.04M | 25.25M | 24.12M | 22.20M | 14.63M | 8.09M |
| Provision & Write-off of Bad Debts | 15.42M | 17.70M | 22.51M | 24.52M | 25.97M | 19.39M |
| Other Operating Activities | 10.87M | 16.35M | -22.51M | -4.29M | -75.07M | -37.09M |
| Change in Accounts Receivable | 1.15M | -8.13M | 23.95M | 54.00M | -2.48M | 80.00M |
| Change in Accounts Payable | -26.05M | -12.73M | -26.53M | -37.75M | -41.10M | -125.88M |
| Change in Unearned Revenue | -3.13M | -12.43M | -8.62M | 1.41M | ||
| Change in Other Net Operating Assets | 19.02M | -20.11M | -7.11M | -5.04M | -36.19M | -1.37M |
| Operating Cash Flow | 71.81M | 63.53M | 89.78M | 148.23M | 148.57M | 170.57M |
| Capital Expenditures | -33.66M | -32.39M | -33.54M | -33.39M | -29.23M | -26.85M |
| Sale of Property, Plant & Equipment | 6.84M | |||||
| Cash Acquisitions | -143.00K | -143.00K | -76.89M | -8.90M | -22.79M | -175.37M |
| Other Investing Activities | 143.00K | -225.00K | -1.19M | |||
| Investing Cash Flow | -33.66M | -32.53M | -110.42M | -42.52M | -52.03M | -196.57M |
| Long-Term Debt Issued | 375.52M | 672.70M | 919.98M | 976.30M | 1.73B | |
| Long-Term Debt Repaid | -410.23M | -742.08M | -1.05B | -1.07B | -1.69B | |
| Net Debt Issued (Repaid) | -35.98M | -34.71M | -69.37M | -125.71M | -97.89M | 32.08M |
| Issuance of Common Stock | 87.40M | 15.90M | 64.00K | 13.92M | ||
| Repurchase of Common Stock | -5.00M | -5.00M | -499.00K | |||
| Other Financing Activities | -420.00K | 1.23M | 1.68M | 6.32M | 6.72M | -6.91M |
| Financing Cash Flow | -41.40M | -38.47M | 19.22M | -103.49M | -91.10M | 39.09M |
| Foreign Exchange Rate Adjustments | 56.00K | 587.00K | -1.34M | 133.00K | -827.00K | -1.93M |
| Net Cash Flow | -3.19M | -6.89M | -2.77M | 2.35M | 4.62M | 11.15M |
| Free Cash Flow | 38.15M | 31.14M | 56.25M | 114.83M | 119.34M | 143.72M |
| Free Cash Flow Margin | 5.36% | 3.97% | 6.83% | 12.52% | 9.93% | 12.91% |
| Free Cash Flow Per Share | 0.87 | 0.70 | 1.51 | 3.31 | 3.27 | 3.94 |
| Levered Free Cash Flow | 39.82M | 67.85M | 126.71M | 164.09M | 200.20M | 219.53M |
| Unlevered Free Cash Flow | 56.05M | 86.34M | 151.92M | 197.25M | 232.21M | 256.09M |
| Cash Interest Paid | 28.54M | 31.58M | 44.02M | 57.03M | 57.08M | 66.74M |
| Cash Income Tax Paid | 5.20M | 15.41M | 9.31M | 58.26M | 63.89M | |
| Change in Working Capital | -9.00M | -53.41M | -18.31M | 12.62M | -79.78M | -47.25M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 55.55M | 263.64M | 634.95M | 715.61M | 655.03M | 1.40B |
| Enterprise Value | 292.46M | 529.09M | 936.11M | 1.09B | 1.14B | 2.00B |
| Last Close Price | 1.25 | 6.05 | 14.80 | 20.35 | 19.00 | 41.13 |
| PE Ratio | 858.76 | 12.05 | 13.75 | |||
| Forward PE | 15.69 | 31.46 | 19.50 | 38.93 | 23.46 | |
| PS Ratio | 0.08 | 0.34 | 0.77 | 0.78 | 0.55 | 1.25 |
| PB Ratio | 0.26 | 1.21 | 3.22 | 4.69 | 1.71 | 4.44 |
| P/FCF Ratio | 1.46 | 8.47 | 11.29 | 6.23 | 5.49 | 9.72 |
| P/OCF Ratio | 0.77 | 4.15 | 7.07 | 4.83 | 4.41 | 8.19 |
| EV/Sales Ratio | 0.41 | 0.67 | 1.14 | 1.19 | 0.95 | 1.79 |
| EV/EBITDA Ratio | 7.90 | 8.62 | 9.70 | 9.44 | 3.76 | 6.92 |
| EV/EBIT Ratio | 11.63 | 11.05 | 12.55 | 13.25 | 4.65 | 9.59 |
| EV/FCF Ratio | 7.67 | 16.99 | 16.64 | 9.49 | 9.59 | 13.91 |
| Debt / Equity Ratio | 1.16 | 1.20 | 1.50 | 2.37 | 1.29 | 1.90 |
| Debt / EBITDA Ratio | 6.39 | 4.03 | 2.84 | 3.03 | 1.57 | 2.03 |
| Debt / FCF Ratio | 6.45 | 8.39 | 5.25 | 3.15 | 4.13 | 4.17 |
| Net Debt / Equity Ratio | 1.12 | 1.15 | 1.42 | 2.25 | 1.25 | 1.87 |
| Net Debt / EBITDA Ratio | 6.40 | 4.08 | 2.89 | 2.98 | 1.57 | 2.03 |
| Net Debt / FCF Ratio | 6.21 | 8.05 | 4.96 | 2.99 | 4.00 | 4.09 |
| Asset Turnover | 1.06 | 1.12 | 1.10 | 0.94 | 0.97 | 0.89 |
| Quick Ratio | 0.88 | 0.87 | 0.95 | 0.87 | 1.05 | 1.01 |
| Current Ratio | 1.00 | 1.00 | 1.07 | 1.01 | 1.26 | 1.21 |
| Return on Equity (ROE) | -7.56% | 0.15% | -42.45% | -96.94% | 15.60% | 39.72% |
| Return on Assets (ROA) | 2.34% | 4.27% | 6.24% | 5.24% | 12.41% | 10.36% |
| Return on Invested Capital (ROIC) | 5.42% | 0.18% | 15.35% | 12.14% | 15.35% | 18.49% |
| Return on Capital Employed (ROCE) | 5.10% | 9.40% | 14.50% | 15.80% | 28.10% | 21.00% |
| Earnings Yield | -29.33% | 0.12% | -11.69% | -36.23% | 8.30% | 7.27% |
| FCF Yield | 68.68% | 11.81% | 8.86% | 16.05% | 18.22% | 10.29% |
| Buyback Yield / Dilution | -7.19% | -19.75% | -6.97% | 4.88% | -0.03% | -7.99% |