THRYThryv Holdings, Inc.
Services-Advertising
- Revenue
- $785M
- 4.7% YoY
- Operating margin
- 7.2%
- 279% YoY
- EBITDA
- $96M
- 393% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.4×
- $235M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear207× net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear8% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear39% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $917M | $824M | $785M | 4.7% |
| Operating income | $190M | $99M | −$200M | −$33M | $57M | 270% |
| Net income | $102M | $54M | −$259M | −$74M | $307K | 100% |
| Operating cash flow | $171M | $149M | $148M | $90M | $64M | 29% |
| Capex | $27M | $29M | $33M | $34M | $32M | 3.4% |
| Stock-based comp | $8M | $15M | $22M | $24M | $25M | 4.7% |
| Buybacks | $0 | $0 | $0 | $499K | $5M | 902% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $45K · 1
- Open-market sells, 12 mo
- $0 · 0
- Net
- $45K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $5M | $2M | 45 | 146 |
| FY2024 | $5M | $3M | 110 | 119 |
| FY2023 | $6M | $6M | 151 | 107 |
| FY2022 | $7M | −$7M | 141 | 91 |
| FY2021 | $3M | $28M | 305 | 115 |