Thryv Hldgs Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Thryv Hldgs Inc has an operating margin of -4.0%, meaning the company retains $-4 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -21.8% the prior year.
Thryv Hldgs Inc's revenue declined 10.1% year-over-year, from $917.0M to $824.2M. This contraction results in a growth score of 0/100.
Thryv Hldgs Inc has a moderate D/E ratio of 1.38. This balance of debt and equity financing earns a leverage score of 60/100.
Thryv Hldgs Inc's current ratio of 1.07 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 23/100, which could limit financial flexibility.
Thryv Hldgs Inc has a free cash flow margin of 6.8%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.
Thryv Hldgs Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Thryv Hldgs Inc generates $-1.21 in operating cash flow ($89.8M OCF vs -$74.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Thryv Hldgs Inc earns $-0.7 in operating income for every $1 of interest expense (-$33.3M vs $46.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Thryv Hldgs Inc (THRY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Thryv Hldgs Inc generated $824.2M in revenue in fiscal year 2024. This represents a decrease of 10.1% from the prior year.
Thryv Hldgs Inc's EBITDA was $19.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 114.3% from the prior year.
Thryv Hldgs Inc generated $56.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 51.0% from the prior year.
Thryv Hldgs Inc reported -$74.2M in net income in fiscal year 2024. This represents an increase of 71.4% from the prior year.
Thryv Hldgs Inc earned $-2.00 per diluted share (EPS) in fiscal year 2024. This represents an increase of 73.2% from the prior year.
Thryv Hldgs Inc held $16.3M in cash against $271.2M in long-term debt as of fiscal year 2024.
Thryv Hldgs Inc had 43M shares outstanding in fiscal year 2024. This represents an increase of 21.9% from the prior year.
Thryv Hldgs Inc's gross margin was 65.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 2.1 percentage points from the prior year.
Thryv Hldgs Inc's operating margin was -4.0% in fiscal year 2024, reflecting core business profitability. This is up 17.8 percentage points from the prior year.
Thryv Hldgs Inc's net profit margin was -9.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 19.3 percentage points from the prior year.
Thryv Hldgs Inc spent $499K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Thryv Hldgs Inc invested $33.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 0.4% from the prior year.
THRY Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $201.6M-4.2% | $210.5M+16.0% | $181.4M-2.8% | $186.6M-16.7% | $224.1M-4.1% | $233.6M-1.1% | $236.2M+28.5% | $183.8M |
| Cost of Revenue | $65.1M+1.9% | $63.9M+2.8% | $62.1M-2.3% | $63.6M-15.8% | $75.5M-5.6% | $80.0M+4.6% | $76.5M-4.6% | $80.2M |
| Gross Profit | $136.5M-6.9% | $146.6M+22.9% | $119.3M-3.0% | $123.0M-17.2% | $148.6M-3.3% | $153.6M-3.8% | $159.7M+54.1% | $103.6M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $48.0M-8.3% | $52.4M+0.2% | $52.3M-15.8% | $62.1M+19.7% | $51.8M-1.1% | $52.4M-11.5% | $59.2M+22.7% | $48.3M |
| Operating Income | $20.0M-32.2% | $29.5M+1073.6% | -$3.0M+57.9% | -$7.2M-123.0% | $31.3M+0.7% | $31.1M+112.9% | -$242.1M-1149.5% | -$19.4M |
| Interest Expense | $8.6M-4.1% | $9.0M-1.3% | $9.1M-6.7% | $9.7M-20.1% | $12.2M-8.9% | $13.4M-3.3% | $13.8M-8.7% | $15.1M |
| Income Tax | $5.8M-31.0% | $8.4M+394.5% | -$2.9M-281.6% | $1.6M-76.2% | $6.6M+22.6% | $5.4M-31.9% | $7.9M+177.4% | -$10.2M |
| Net Income | $5.7M-59.4% | $13.9M+244.8% | -$9.6M-222.0% | $7.9M+42.1% | $5.5M-34.1% | $8.4M+103.3% | -$257.5M-852.2% | -$27.0M |
| EPS (Diluted) | $0.13-58.1% | $0.31+240.9% | $-0.22-178.6% | $0.28+86.7% | $0.15-31.8% | $0.22+103.0% | $-7.37-844.9% | $-0.78 |
THRY Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $701.8M+2.0% | $687.7M-2.3% | $703.7M-1.2% | $712.2M-9.3% | $785.5M-0.2% | $786.8M+0.5% | $783.2M-24.7% | $1.0B |
| Current Assets | $193.9M+2.6% | $189.1M-6.7% | $202.7M-3.8% | $210.7M-19.1% | $260.6M-5.2% | $275.0M+3.1% | $266.9M-2.8% | $274.6M |
| Cash & Equivalents | $11.6M+6.6% | $10.8M-1.4% | $11.0M-32.6% | $16.3M+5.1% | $15.5M+7.8% | $14.4M-21.0% | $18.2M+24.1% | $14.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $139.8M+4.6% | $133.7M-4.5% | $139.9M-13.4% | $161.6M-16.6% | $193.7M-5.1% | $204.1M-0.7% | $205.5M+3.4% | $198.8M |
| Goodwill | $253.8M0.0% | $253.8M0.0% | $253.8M+0.2% | $253.3M-15.8% | $301.0M+0.5% | $299.6M-0.9% | $302.4M-46.7% | $567.8M |
| Total Liabilities | $480.7M+1.7% | $472.8M-7.4% | $510.5M-0.9% | $515.2M-14.5% | $602.4M-2.8% | $619.8M-1.7% | $630.5M-2.0% | $643.3M |
| Current Liabilities | $169.4M+7.3% | $157.9M-16.6% | $189.4M-3.5% | $196.3M-14.0% | $228.1M-4.8% | $239.7M-8.9% | $263.2M+11.6% | $235.9M |
| Long-Term Debt | $259.4M-2.8% | $266.9M-2.2% | $272.7M+0.6% | $271.2M-6.3% | $289.6M-1.9% | $295.1M+5.8% | $278.9M-10.4% | $311.3M |
| Total Equity | $221.1M+2.9% | $214.9M+11.2% | $193.2M-1.9% | $196.9M+7.6% | $183.1M+9.6% | $167.1M+9.4% | $152.7M-61.5% | $397.1M |
| Retained Earnings | -$562.5M+1.0% | -$568.1M+2.4% | -$582.0M-1.7% | -$572.4M-18.2% | -$484.2M+1.1% | -$489.8M+1.7% | -$498.2M-107.0% | -$240.7M |
THRY Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.2M-24.7% | $29.6M+382.0% | -$10.5M-140.1% | $26.1M+17.6% | $22.2M+308.6% | $5.4M-87.8% | $44.6M-2.9% | $45.9M |
| Capital Expenditures | $7.6M-1.7% | $7.8M+9.7% | $7.1M-19.6% | $8.8M-1.6% | $9.0M+23.0% | $7.3M-30.5% | $10.5M+17.6% | $8.9M |
| Free Cash Flow | $14.6M-32.9% | $21.8M+224.0% | -$17.6M-201.3% | $17.3M+30.6% | $13.3M+821.2% | -$1.8M-105.4% | $34.1M-7.8% | $37.0M |
| Investing Cash Flow | -$7.6M+1.7% | -$7.8M-7.5% | -$7.2M+91.6% | -$85.7M-857.3% | -$9.0M-23.0% | -$7.3M+30.6% | -$10.5M-17.8% | -$8.9M |
| Financing Cash Flow | -$13.9M+37.9% | -$22.3M-281.9% | $12.3M-81.0% | $64.7M+822.0% | -$9.0M-474.8% | -$1.6M+95.0% | -$31.4M+15.7% | -$37.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $5.0M | N/A | N/A | $0 | N/A | N/A | $0 | $0 |
THRY Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 67.7%-1.9pp | 69.7%+3.9pp | 65.8%-0.2pp | 65.9%-0.4pp | 66.3%+0.6pp | 65.8%-1.9pp | 67.6%+11.3pp | 56.4% |
| Operating Margin | 9.9%-4.1pp | 14.0%+15.7pp | -1.7%+2.2pp | -3.9%-17.8pp | 14.0%+0.7pp | 13.3%+115.9pp | -102.5%-92.0pp | -10.5% |
| Net Margin | 2.8%-3.8pp | 6.6%+11.9pp | -5.3%-9.5pp | 4.2%+1.7pp | 2.5%-1.1pp | 3.6%+112.7pp | -109.0%-94.3pp | -14.7% |
| Return on Equity | 2.6%-3.9pp | 6.5% | N/A | 4.0%+1.0pp | 3.0%-2.0pp | 5.0% | N/A | N/A |
| Return on Assets | 0.8%-1.2pp | 2.0%+3.4pp | -1.4%-2.5pp | 1.1%+0.4pp | 0.7%-0.4pp | 1.1%+33.9pp | -32.9%-30.3pp | -2.6% |
| Current Ratio | 1.15-0.1 | 1.20+0.1 | 1.070.0 | 1.07-0.1 | 1.140.0 | 1.15+0.1 | 1.01-0.1 | 1.16 |
| Debt-to-Equity | 1.17-0.1 | 1.24-0.2 | 1.41+0.0 | 1.38-0.2 | 1.58-0.2 | 1.77-0.1 | 1.83+1.0 | 0.78 |
| FCF Margin | 7.2%-3.1pp | 10.3%+20.0pp | -9.7%-19.0pp | 9.3%+3.4pp | 5.9%+6.7pp | -0.8%-15.2pp | 14.4%-5.7pp | 20.1% |
Similar Companies
Frequently Asked Questions
What is Thryv Hldgs Inc's annual revenue?
Thryv Hldgs Inc (THRY) reported $824.2M in total revenue for fiscal year 2024. This represents a -10.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Thryv Hldgs Inc's revenue growing?
Thryv Hldgs Inc (THRY) revenue declined by 10.1% year-over-year, from $917.0M to $824.2M in fiscal year 2024.
Is Thryv Hldgs Inc profitable?
No, Thryv Hldgs Inc (THRY) reported a net income of -$74.2M in fiscal year 2024, with a net profit margin of -9.0%.
What is Thryv Hldgs Inc's earnings per share (EPS)?
Thryv Hldgs Inc (THRY) reported diluted earnings per share of $-2.00 for fiscal year 2024. This represents a 73.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Thryv Hldgs Inc's EBITDA?
Thryv Hldgs Inc (THRY) had EBITDA of $19.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Thryv Hldgs Inc have?
As of fiscal year 2024, Thryv Hldgs Inc (THRY) had $16.3M in cash and equivalents against $271.2M in long-term debt.
What is Thryv Hldgs Inc's gross margin?
Thryv Hldgs Inc (THRY) had a gross margin of 65.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Thryv Hldgs Inc's operating margin?
Thryv Hldgs Inc (THRY) had an operating margin of -4.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Thryv Hldgs Inc's net profit margin?
Thryv Hldgs Inc (THRY) had a net profit margin of -9.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Thryv Hldgs Inc's free cash flow?
Thryv Hldgs Inc (THRY) generated $56.2M in free cash flow during fiscal year 2024. This represents a -51.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Thryv Hldgs Inc's operating cash flow?
Thryv Hldgs Inc (THRY) generated $89.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Thryv Hldgs Inc's total assets?
Thryv Hldgs Inc (THRY) had $712.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Thryv Hldgs Inc's capital expenditures?
Thryv Hldgs Inc (THRY) invested $33.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Thryv Hldgs Inc buy back shares?
Yes, Thryv Hldgs Inc (THRY) spent $499K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Thryv Hldgs Inc have outstanding?
Thryv Hldgs Inc (THRY) had 43M shares outstanding as of fiscal year 2024.
What is Thryv Hldgs Inc's current ratio?
Thryv Hldgs Inc (THRY) had a current ratio of 1.07 as of fiscal year 2024, which is considered adequate.
What is Thryv Hldgs Inc's debt-to-equity ratio?
Thryv Hldgs Inc (THRY) had a debt-to-equity ratio of 1.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Thryv Hldgs Inc's return on assets (ROA)?
Thryv Hldgs Inc (THRY) had a return on assets of -10.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Thryv Hldgs Inc's Piotroski F-Score?
Thryv Hldgs Inc (THRY) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Thryv Hldgs Inc's earnings high quality?
Thryv Hldgs Inc (THRY) has an earnings quality ratio of -1.21x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Thryv Hldgs Inc cover its interest payments?
Thryv Hldgs Inc (THRY) has an interest coverage ratio of -0.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Thryv Hldgs Inc?
Thryv Hldgs Inc (THRY) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.