← Thryv Holdings, Inc.
| Annual Trend | FY 2013 | FY 2014 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | ($819.0m) | ($371.0m) | $52.3m | $35.5m | $149.2m | $101.6m | $54.3m | ($259.3m) | ($74.2m) | $307k | ($16.1m) | |
| Amortization | — | — | — | $25.9m | $20.7m | $24.9m | $29.9m | $30.1m | $30.9m | $26.0m | — | |
| Amortization of Debt Issuance Costs | — | — | $1.6m | $1.1m | $1.1m | $4.9m | $5.7m | $5.4m | $4.0m | $3.2m | — | |
| Amortization of Intangible Assets | — | — | — | $166.3m | $115.6m | $72.1m | $51.5m | $25.5m | $16.0m | $8.4m | — | |
| Amortization of deferred commissions | — | — | — | — | — | $11.8m | $12.1m | $15.0m | $18.3m | $14.6m | — | |
| Depreciation | $765.0m | $643.0m | $267.0m | $39.9m | $30.9m | $33.3m | $36.9m | $37.8m | $36.8m | $31.1m | $37.8m | |
| Depreciation, Depletion and Amortization | $765.0m | $643.0m | $267.0m | $206.3m | $146.5m | $105.5m | $88.4m | $63.3m | $52.8m | $39.5m | $37.8m | |
| Depreciation, Nonproduction | — | — | — | $14.0m | $10.2m | $8.5m | $7.0m | $7.7m | $5.9m | $5.1m | $37.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $88.4m | $63.3m | $52.8m | $39.5m | $37.8m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | ($25.1m) | ($145.5m) | ($19.3m) | ($15.1m) | ($12.9m) | ($5.4m) | $10.6m | $4.2m | |
| Deferred income taxes | — | — | ($22.7m) | ($25.1m) | ($147.3m) | ($20.4m) | ($15.1m) | ($12.9m) | ($5.3m) | $10.6m | $4.2m | |
| Deferred Tax | — | — | — | — | — | — | ($15.1m) | ($12.9m) | ($5.3m) | $10.6m | $4.2m | |
| Share-based Payment Arrangement, Expense | — | — | — | $14.1m | ($2.9m) | $8.1m | $14.6m | $22.2m | $24.1m | $25.2m | $19.0m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | $14.1m | ($2.9m) | $8.1m | $14.6m | $22.2m | $24.1m | $25.2m | $19.0m | |
| Stock-based compensation expense | $4.0m | $4.0m | $39.6m | $14.1m | ($2.9m) | $8.1m | $14.6m | $22.2m | $24.1m | $25.2m | $19.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $102.0m | $268.8m | $83.1m | $0 | $0 | |
| Impairment charges | — | — | $0 | $5.7m | $24.9m | $3.6m | $102.2m | $268.8m | $83.1m | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $0 | $0 | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | $5.7m | $20.7m | $3.6m | $200k | $0 | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $102.2m | $268.8m | $83.1m | $0 | $0 | |
| Other Nonoperating Income (Expense) | — | — | — | $943k | $3.6m | ($4.3m) | $15.4m | ($1.5m) | ($10.7m) | $3.9m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | ($1k) | ($2.1m) | $10.7m | — | — | $0 | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($79.8m) | $12.6m | ($18.3m) | ($53.4m) | ($9.0m) | |
| Accounts receivable | $291.0m | $41.0m | $14.5m | $16.5m | $41.4m | $74.4m | ($5.2m) | $54.3m | $23.2m | ($9.8m) | $1.2m | |
| Increase (Decrease) in Accounts Receivable | — | — | — | ($16.5m) | ($41.4m) | ($74.4m) | $5.2m | ($54.3m) | ($23.2m) | $9.8m | $1.2m | |
| Change In Receivables | — | — | — | — | — | — | ($2.5m) | $54.0m | $23.9m | ($8.1m) | $1.2m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($5.2m) | $54.3m | $23.2m | ($9.8m) | $1.2m | |
| Accounts payable and accrued liabilities | ($35.0m) | ($27.0m) | ($72.1m) | ($69.2m) | ($100.7m) | ($125.9m) | ($41.1m) | ($37.7m) | ($26.5m) | ($12.7m) | ($22.0m) | |
| Other | — | — | ($3.1m) | ($1.6m) | $10.7m | ($3.4m) | $0 | $6.3m | $7.2m | $1.2m | — | |
| Other liabilities | — | — | — | — | ($10.6m) | $4.4m | ($26.6m) | ($10.8m) | ($16.9m) | ($5.6m) | — | |
| Prepaid expenses, deferred costs, and other assets | — | — | ($3.0m) | $5.7m | $472k | $6.1m | $2.5m | $7.1m | $1.1m | ($14.5m) | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($26.6m) | ($12.2m) | ($8.2m) | ($5.6m) | $17.4m | |
| Net Cash Provided by (Used in) Operating Activities | $360.0m |
$388.0m
+7.78%
|
$347.1m
-10.55%
|
$270.6m
-22.03%
|
$232.8m
-13.98%
|
$170.6m
-26.72%
|
$148.6m
-12.90%
|
$148.2m
-0.23%
|
$89.8m
-39.43%
|
$63.5m
-29.24%
|
$71.8m
+13.03%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | ($5.9m) | ($3.5m) | $5.5m | — | — | — | — | $6.3m | |
| Capital Expenditure | — | — | — | — | — | — | ($29.2m) | ($33.4m) | ($33.5m) | ($32.4m) | ($33.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $147k | $0 | $175.4m | $22.8m | $8.9m | $76.9m | $143k | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $1.2m | $0 | $225k | $0 | $0 | — | |
| Net Other Investing Changes | — | — | — | — | — | $5.6m | — | ($225k) | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | $130.0m | ($5.0m) | ($28.7m) | ($25.4m) | ($26.2m) | ($196.6m) | ($52.0m) | ($42.5m) | ($110.4m) | ($32.5m) | ($33.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($6.4m) | $0 | ($3.4m) | $0 | $0 | ($6.6m) | $0 | — | |
| Loss on early extinguishment of debt | ($9.0m) | ($2.0m) | $18.4m | $6.4m | $0 | $3.4m | $0 | $0 | $6.6m | $0 | — | |
| Debt issuance costs | ($1.0m) | ($1.0m) | — | — | — | — | $0 | $0 | ($5.5m) | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | — | $976.3m | $920.0m | $672.7m | $375.5m | $323.6m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $976.3m | $920.0m | $672.7m | $375.5m | $323.6m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($97.9m) | ($125.7m) | ($69.4m) | ($34.7m) | ($36.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($97.9m) | ($125.7m) | ($69.4m) | ($34.7m) | ($36.0m) | |
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | — | — | ($359.6m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.1b) | ($1.0b) | ($742.1m) | ($410.2m) | ($359.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.1b) | ($1.0b) | ($742.1m) | ($410.2m) | ($359.6m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $87.4m | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($499k) | ($5.0m) | $0 | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | $0 | $0 | $87.4m | $0 | $0 | |
| Proceeds from common stock offering, net of offering expenses | — | — | — | — | — | — | $0 | $0 | $87.4m | $0 | — | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $87.4m | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $86.9m | ($5.0m) | $87.4m | |
| Payments for Repurchase of Common Stock | — | — | — | $438.0m | $30.6m | $0 | $0 | — | $499k | $5.0m | — | |
| Repurchases of common stock | — | — | $0 | ($438.0m) | ($30.6m) | $0 | $0 | $0 | ($499k) | ($5.0m) | — | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($499k) | ($5.0m) | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | $6.7m | $6.3m | $1.7m | $1.2m | ($420k) | |
| Net cash (used in) provided by financing activities | ($506.0m) |
($368.0m)
+27.27%
|
($286.3m)
+22.21%
|
($277.5m)
+3.07%
|
($206.1m)
+25.74%
|
$39.1m
+118.97%
|
($91.1m)
-333.06%
|
($103.5m)
-13.61%
|
$19.2m
+118.57%
|
($38.5m)
-300.22%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | ($277.5m) |
($206.1m)
+25.74%
|
$39.1m
+118.97%
|
($91.1m)
-333.06%
|
($103.5m)
-13.61%
|
$19.2m
+118.57%
|
($38.5m)
-300.22%
|
($41.4m)
-7.60%
|
|
| (Decrease) increase in cash, cash equivalents and restricted cash | — | — | $32.1m | ($32.3m) | $494k | $11.2m | $4.6m | $2.4m | ($2.8m) | ($6.9m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($32.3m) | $494k | $11.2m | $4.6m | $2.4m | ($2.8m) | ($6.9m) | $9.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $13.6m | $18.2m | $20.5m | $17.8m | $12.4m | |
| Cash, cash equivalents and restricted cash, beginning of period | — | — | $34.2m | $1.9m | $2.4m | $13.6m | $18.2m | $20.5m | $17.8m | $10.9m | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $0 | $0 | ($1.9m) | ($827k) | $133k | ($1.3m) | $587k | $56k | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | — | — | — | $0 | $0 | ($1.9m) | ($827k) | $133k | ($1.3m) | $587k | $56k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.9m | $2.4m | $13.6m | $18.2m | $20.5m | $17.8m | $10.9m | $9.1m | |
| (Gain) loss on foreign currency exchange rates | — | — | — | — | $0 | $745k | ($1.6m) | $603k | $4.1m | ($3.5m) | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Income Tax Expense (Benefit) | — | — | — | $18.1m | ($108.0m) | $32.7m | $44.6m | ($1.2m) | $8.2m | $16.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $46.8m | $34.8m | — | |
| Additional Financial Items | ||||||||||||
| Additions to fixed assets and capitalized software | ($24.0m) | ($18.0m) | ($27.4m) | ($26.1m) | ($27.8m) | ($26.8m) | ($29.2m) | ($33.4m) | ($33.5m) | ($32.4m) | — | |
| Cash Flow From Continuing Operating Activities | — | — | — | $270.6m | $232.8m | $170.6m | $148.6m | $148.2m | $89.8m | $63.5m | $71.8m | |
| Contract assets | — | — | ($4.8m) | $1.5m | $369k | $5.6m | $2.8m | ($326k) | $782k | $1.7m | — | |
| Contract liabilities | — | — | $11.1m | ($6.4m) | ($5.7m) | $7.8m | — | $1.4m | ($8.6m) | ($12.4m) | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | $0 | $745k | $1.6m | $603k | ($4.1m) | $3.5m | — | |
| General and Administrative Expense | — | — | — | $174.3m | $156.3m | $153.9m | $216.4m | $208.9m | $217.3m | $211.2m | — | |
| Goodwill | — | — | — | $609.5m | $609.5m | $671.9m | $566.0m | $302.4m | $253.3m | $253.8m | $0 | |
| Loss from the remeasurement of the indemnification asset | — | — | — | $4.1m | $5.4m | ($1k) | ($2.1m) | $10.7m | $0 | $0 | — | |
| Net periodic pension cost (benefit) | — | — | $516k | $53.2m | $42.2m | ($14.8m) | ($44.6m) | ($2.7m) | ($24.8m) | $8.8m | — | |
| Operating Cash Flow | $360.0m |
$388.0m
+7.78%
|
— | $270.6m |
$232.8m
-13.98%
|
$170.6m
-26.72%
|
$148.6m
-12.90%
|
$148.2m
-0.23%
|
$89.8m
-39.43%
|
$63.5m
-29.24%
|
$71.8m
+13.03%
|
|
| Other, net | — | — | — | $0 | $0 | $304k | ($2.9m) | $603k | $930k | $416k | — | |
| Payments of ABL Facility | — | — | ($1.8b) | ($1.2b) | ($1.2b) | ($1.1b) | ($961.7m) | ($925.7m) | — | — | — | |
| Payments of Term Loan | — | — | — | ($148.3m) | ($113.7m) | ($446.0m) | ($104.2m) | ($120.0m) | — | — | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | $53.2m | $42.2m | ($14.8m) | ($44.6m) | ($2.7m) | ($24.8m) | $8.8m | — | |
| Principal payments on finance lease obligation | — | — | — | ($1.2m) | ($411k) | ($10.5m) | — | $0 | $0 | ($934k) | — | |
| Proceeds from ABL Facility | — | — | $1.8b | $1.1b | $1.1b | $1.0b | $976.3m | $920.0m | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | — | $400k | $11.2m | $7.0m | $2.8m | $3.1m | $8.9m | $3.3m | — | |
| Proceeds from Term Loan | — | — | $381.6m | $193.6m | $0 | $418.1m | $0 | $0 | — | — | — | |
| Proceeds from exercise of stock warrants | — | — | — | $0 | $0 | $13.9m | $64k | $15.9m | $0 | $0 | — | |
| Provision for credit losses and service credits | $23.0m | $26.0m | $24.2m | $30.1m | $32.1m | $8.0m | $26.0m | $24.5m | $22.5m | $17.7m | — | |
| Repurchase of Treasury stock as a result of the settlement of the indemnification asset | — | — | — | — | — | $0 | $0 | $15.8m | $0 | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($91.1m) | ($103.5m) | $19.2m | ($38.5m) | ($41.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($52.0m) | ($42.5m) | ($110.4m) | ($32.5m) | ($33.7m) | |
| Change In Account Payable | — | — | — | — | — | — | ($41.1m) | ($37.7m) | ($26.5m) | ($12.7m) | ($22.0m) | |
| Change In Other Working Capital | — | — | — | — | — | $7.8m | — | $1.4m | ($8.6m) | ($12.4m) | ($3.1m) | |
| Change In Payable | — | — | — | — | — | — | ($41.1m) | ($37.7m) | ($26.5m) | ($12.7m) | ($22.0m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($9.6m) | $7.1m | $1.1m | ($14.5m) | $1.6m | |
| Changes In Cash | — | — | — | — | — | — | $5.5m | $2.2m | ($1.4m) | ($7.5m) | ($3.2m) | |
| End Cash Position | — | — | — | — | — | — | $18.2m | $20.5m | $17.8m | $10.9m | $9.1m | |
| Financing Cash Flow | — | — | — | — | — | — | ($91.1m) |
($103.5m)
-13.61%
|
$19.2m
+118.57%
|
($38.5m)
-300.22%
|
($41.4m)
-7.60%
|
|
| Free Cash Flow | — | — | — | — | — | — | $119.3m | $114.8m | $56.2m | $31.1m | $38.2m | |
| Investing Cash Flow | — | — | — | — | — | — | ($52.0m) | ($42.5m) | ($110.4m) | ($32.5m) | ($33.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($22.8m) | ($8.9m) | ($76.9m) | ($143k) | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($1.6m) | $603k | $4.1m | ($3.5m) | ($1.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($29.2m) | ($33.4m) | ($33.5m) | ($32.4m) | ($33.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($44.6m) | ($2.1m) | ($14.1m) | $5.3m | $6.3m | |
| Other Non Cash Items | — | — | — | — | — | — | $2.5m | $31.1m | $19.1m | $18.3m | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | ($44.6m) | ($2.7m) | ($24.8m) | $8.8m | $8.0m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $64k | $15.9m | $0 | $0 | $0 | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $26.0m | $24.5m | $22.5m | $17.7m | $15.4m | |
| Purchase Of Business | — | — | — | — | — | — | ($22.8m) | ($8.9m) | ($76.9m) | ($143k) | $0 | |
| Purchase Of PPE | $24.0m | $18.0m | — | — | $27.8m | $26.8m | ($29.2m) | ($33.4m) | ($33.5m) | ($32.4m) | ($33.7m) | |
| Stock Based Compensation | — | — | — | — | — | — | $14.6m | $22.2m | $24.1m | $25.2m | $19.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | ($693k) | ($819k) | $374k | $1.5m | $407k | $0 | ($3.7m) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | ($44.3m) | ($13.7m) | $45.1m | $10.4m | $31.1m | ($5.8m) | — | |
| Acquisition of a business, net of cash acquired | — | — | ($1.2m) | ($147k) | $0 | ($175.4m) | ($22.8m) | ($8.9m) | ($76.9m) | ($143k) | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $4.6m | $2.4m | ($2.8m) | ($6.9m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $254.0m | $269.0m | $81.0m | $81.5m | $72.9m | $66.7m | $57.1m | $57.0m | $44.0m | $31.6m | — | |
| Income Taxes Paid, Net | $14.0m | $4.0m | $44.0m | $38.1m | $24.8m | $63.9m | $58.3m | $9.3m | $15.4m | $5.2m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.