Thryv sets 2025 organic SaaS revenue growth of 18-20%; Keap revenue $75-78M

Thryv Holdings, Inc.

SaaS revenue to become majority of total revenue in 2025; SaaS EBITDA majority in 2026.
2025 organic SaaS revenue growth 18-20%; Keap revenue expected $75-78M; SaaS adj. gross margin 74%.
SaaS EBITDA margin in mid-teens for 2025 with $10M of Keap synergies; medium-term target ~20%.
Marketing Services revenue decline ~35% in 2025; print directory cycle extended to 24 months.
Launched Thryv Reporting Center; Thryv Workforce Center slated for H2 2025.

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