Thryv Holdings Inc (THRY)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -259,295 | -259,295 | 54,348 | 101,577 | 149,221 |
| Revenue | US$ in thousands | 916,961 | 916,961 | 1,202,390 | 1,113,380 | 1,109,440 |
| Net profit margin | -28.28% | -28.28% | 4.52% | 9.12% | 13.45% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-259,295K ÷ $916,961K
= -28.28%
Thryv Holdings Inc's net profit margin has exhibited varying trends over the past five years. In 2020, the company had a relatively healthy net profit margin of 13.45%, indicating that for every dollar of revenue generated, the company retained approximately 13.45 cents in profit after accounting for all expenses. However, this margin declined significantly to 9.12% in 2021, suggesting a decrease in profitability.
The trend continued in 2022, with a further decrease in the net profit margin to 4.52%. This decline could indicate increased costs, lower revenues, or a combination of both factors affecting the company's bottom line. The net profit margin remained at 4.52% in 2023, indicating a consistent level of profitability.
Notably, the net profit margin plummeted to -28.28% in 2024, implying that Thryv Holdings Inc incurred a net loss equivalent to 28.28% of its total revenue for that year. This substantial negative margin raises concerns about the company's financial performance and sustainability.
Overall, the fluctuation in Thryv Holdings Inc's net profit margin over the past five years highlights the company's profitability challenges and the importance of closely monitoring expenses, revenues, and overall financial performance to ensure long-term success and viability.