Thryv Holdings Inc (THRY)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands -84,966 -350,390 -270,615 -260,185 -259,295 -52,199 -11,873 30,151 54,348 109,881 132,225 98,582 101,577 206,289 170,520 157,625 149,221 23,129 44,667 57,519
Revenue (ttm) US$ in thousands 824,156 873,723 877,693 905,030 916,961 960,166 1,056,994 1,139,568 1,202,388 1,167,459 1,184,099 1,141,151 1,113,382 1,115,871 1,058,906 1,071,471 1,109,435 1,154,858 1,274,299 1,349,703
Net profit margin -10.31% -40.10% -30.83% -28.75% -28.28% -5.44% -1.12% 2.65% 4.52% 9.41% 11.17% 8.64% 9.12% 18.49% 16.10% 14.71% 13.45% 2.00% 3.51% 4.26%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-84,966K ÷ $824,156K
= -10.31%

Thryv Holdings Inc's net profit margin has exhibited significant fluctuations over the reporting periods. Starting at 4.26% on March 31, 2020, the margin decreased to 3.51% on June 30, 2020, and further dropped to 2.00% on September 30, 2020. However, there was a substantial improvement by December 31, 2020, where the margin surged to 13.45%.

The positive trend continued into the first half of 2021, with net profit margins of 14.71% on March 31, 2021, and 16.10% on June 30, 2021. The margin peaked at 18.49% on September 30, 2021, indicating strong profitability. However, there was a noticeable decline to 9.12% by December 31, 2021.

In 2022, the net profit margins fluctuated within the range of 4.52% to 11.17%. Notably, by the end of 2022, the margin decreased to 4.52%.

The margin then experienced a more substantial decline starting in 2023, with negative figures recorded. The net profit margin was 2.65% on March 31, 2023, and turned negative thereafter, reaching -10.31% by December 31, 2024.

The negative trend in net profit margin from September 30, 2023, to December 31, 2024, possibly indicates challenges in maintaining profitability or facing increased costs relative to revenue. This downward trend would warrant further investigation into Thryv Holdings Inc's cost structure, pricing strategies, and overall financial health.