Thryv(US:THRY)2025-10-30 11:30Revenue Growth - SaaS revenue increased by 33% year-over-year to $115.9 million in Q3 2025[6] - Consolidated total revenue rose by 12% year-over-year to $201.6 million[6] - Total revenue for the three months ended September 30, 2025, was $201.555 million, an increase from $179.852 million in the same period of 2024, representing a growth of 12.1%[28] - SaaS revenue for the nine months ended September 30, 2025, was $342,037, a 43.0% increase from $239,171 in 2024[15] - Marketing Services revenue for the nine months ended September 30, 2025, was $251,359, a decrease of 36.9% from $398,389 in 2024[15] - For the nine months ended September 30, 2025, total revenue reached $593.396 million, compared to $637.560 million for the same period in 2024, reflecting a decrease of 6.9%[29] Profitability - Consolidated net income was $5.7 million, compared to a net loss of $96.1 million in Q3 2024[6] - Net income for the nine months ended September 30, 2025, was $9,967, compared to a net loss of $82,099 for the same period in 2024[14] - Net income for the three months ended September 30, 2025, was $5.654 million, a recovery from a net loss of $96.071 million in the same period of 2024[28] - The company reported a net income margin of 1.7% for the nine months ended September 30, 2025, compared to a net loss margin of 12.9% for the same period in 2024[29] Cash Flow and Expenses - Cash flows from operating activities for the nine months ended September 30, 2025, were $41,321, down from $63,640 in 2024[14] - The company incurred $24,152 in cash paid for interest during the nine months ended September 30, 2025, compared to $35,299 in 2024[14] - Free Cash Flow for the three months ended September 30, 2025, was $14.610 million, compared to $27.480 million in the same period of 2024, showing a decrease of 46.8%[25] - Cash, cash equivalents, and restricted cash at the end of the period were $13,108, down from $13,874 at the end of the same period in 2024[14] Adjusted Metrics - Consolidated Adjusted EBITDA for Q3 2025 was $40.8 million, representing a margin of 20.3%[6] - Adjusted EBITDA for the three months ended September 30, 2025, was $40,833, up 108.1% from $19,623 in 2024[21] - Adjusted Gross Profit for the three months ended September 30, 2025, was $140.301 million, compared to $116.839 million for the same period in 2024, reflecting a year-over-year increase of 19.9%[24] - Adjusted Gross Margin for the three months ended September 30, 2025, was 69.6%, an improvement from 65.0% in the same period of 2024[24] Client and Market Expansion - SaaS clients increased by 7% year-over-year to 103,000[6] - Seasoned Net Revenue Retention stood at 94% as of September 30, 2025[6] - The company aims to expand its operations and current offerings into new markets, including internationally, and further penetrate existing markets[31] - The company is focused on maintaining strategic relationships with third-party service providers and enhancing its Thryv platform to improve client retention and service offerings[30] Guidance - Guidance for Q4 2025 SaaS revenue is projected between $118.0 million and $121.0 million[8] - Guidance for full year 2025 SaaS revenue is projected between $460.0 million and $463.0 million[8]