Thryv Holdings Inc (THRY)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -260,544 | 98,975 | 134,314 | 41,238 | 53,566 |
| Revenue | US$ in thousands | 916,961 | 1,202,390 | 1,113,380 | 1,109,440 | 1,421,370 |
| Pretax margin | -28.41% | 8.23% | 12.06% | 3.72% | 3.77% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-260,544K ÷ $916,961K
= -28.41%
Thryv Holdings Inc's pretax margin has displayed fluctuations over the past four years. In 2023, the pretax margin was negative at -28.41%, indicating that the company's expenses exceeded its revenues before accounting for taxes. This suggests potential inefficiencies or challenges in managing costs and generating profits.
In contrast, in 2022 and 2021, Thryv Holdings Inc exhibited positive pretax margins of 8.23% and 12.06%, respectively. These figures indicate that the company was able to effectively control costs and generate profits before tax deductions during those years. The higher pretax margin in 2021 compared to 2022 suggests improved financial performance in the earlier period.
In 2020, the pretax margin was 3.72%, showing a modest level of profitability before tax expenses. This figure indicates that Thryv Holdings Inc was able to maintain a positive margin despite potential economic challenges or operational complexities during that year.
Overall, the trend in Thryv Holdings Inc's pretax margin reflects variability in the company's ability to manage costs, generate revenues, and ultimately achieve profitability. Further analysis of the factors influencing these fluctuations would be necessary to understand the underlying reasons behind the changes in pretax margin over the specified period.