Thryv Holdings Inc (THRY)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -260,544 | -260,544 | 98,975 | 134,314 | 41,238 |
| Revenue | US$ in thousands | 916,961 | 916,961 | 1,202,390 | 1,113,380 | 1,109,440 |
| Pretax margin | -28.41% | -28.41% | 8.23% | 12.06% | 3.72% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-260,544K ÷ $916,961K
= -28.41%
Thryv Holdings Inc's pretax margin has displayed fluctuations over the past five years. In 2020, the pretax margin was relatively low at 3.72%, indicating that the company's profitability before taxes was limited. However, there was a notable improvement in 2021, with the pretax margin increasing to 12.06%, reflecting better operational efficiency and cost management that year.
Subsequently, in 2022, the pretax margin further improved to 8.23%, although it was lower than the previous year. This suggests that the company continued to maintain a relatively strong profitability level but faced some challenges or increased expenses that impacted its profitability compared to the prior period.
However, the pretax margin decreased significantly in 2023 and 2024, both recording a negative margin of -28.41%. This negative trend raises concerns about the company's ability to generate profits before taxes, indicating potential operational issues or financial challenges during those years.
Overall, Thryv Holdings Inc's pretax margin trend shows fluctuations and inconsistency in profitability performance over the five-year period, with improvements in some years followed by significant declines in others. An in-depth analysis of the underlying factors driving these fluctuations would be necessary to understand and address the company's financial performance effectively.