Thryv(US:THRY)2025-07-30 12:30Q2 2025 Financial Performance - SaaS revenue increased to $115.005 million, a 47.8% year-over-year increase compared to $77.794 million in Q2 2024[37] - Marketing Services revenue decreased to $95.465 million, a 34.7% year-over-year decrease compared to $146.290 million in Q2 2024[37] - Consolidated revenue decreased to $210.470 million, a 6.1% year-over-year decrease compared to $224.084 million in Q2 2024[37] - Net income increased to $13.931 million, compared to $5.548 million in Q2 2024[37] - Total company billings decreased to $191.8 million, a 6% year-over-year decrease[55] Profitability Metrics - SaaS Adjusted EBITDA increased to $23.393 million with a margin of 20.3%[37] - Marketing Services Adjusted EBITDA was $27.839 million with a margin of 29.2%[37] - Consolidated Adjusted EBITDA was $51.232 million with a margin of 24.3%[37] SaaS Business Highlights - SaaS Adjusted Gross Margin increased to 74.0%, a 430 bps year-over-year increase[38] - Seasoned Net Revenue Retention (NRR) increased to 103%, a 900 bps year-over-year increase[38] - SaaS ARPU (Average Revenue Per Unit) reached $352[38] FY 2025 Outlook - The company expects FY 2025 SaaS revenue to increase by 34% to 35%, reaching $460.0 to $465.0 million[59] - The company expects FY 2025 Marketing Services revenue to decline by approximately 32% to 33%, landing between $323.0 to $325.0 million[59]