Thryv Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

THRY$1.07-16.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive (Loss) Income

	Years Ended December 31,
(in thousands, except share and per share data)	2023	2022	2021
Revenue	$916,961	$1,202,388	$1,113,382
Cost of services	338,714	422,006	408,043
Gross profit	578,247	780,382	705,339
Operating expenses:
Sales and marketing	300,538	362,432	357,813
General and administrative	208,880	216,406	153,902
Impairment charges	268,846	102,222	3,611
Total operating expenses	778,264	681,060	515,326
Operating (loss) income	(200,017)	99,322	190,013
Other income (expense):
Interest expense	(61,728)	(56,902)	(48,867)
Interest expense, related party	—	(3,505)	(17,507)
Other components of net periodic pension benefit	2,719	44,612	14,829
Other (expense) income	(1,518)	15,448	(4,154)
(Loss) income before income tax benefit (expense)	(260,544)	98,975	134,314
Income tax benefit (expense)	1,249	(44,627)	(32,737)
Net (loss) income	$(259,295)	$54,348	$101,577
Other comprehensive (loss) income:
Foreign currency translation adjustment, net of tax	1,070	(8,214)	(8,047)
Comprehensive (loss) income	$(258,225)	$46,134	$93,530
Net (loss) income per common share:
Basic	$(7.47)	$1.58	$3.02
Diluted	$(7.47)	$1.49	$2.78
Weighted-average shares used in computing basic and diluted net (loss) income per common share:
Basic	34,723,491	34,336,493	33,607,446
Diluted	34,723,491	36,506,095	36,495,746

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.