earnings
confidence high
sentiment positive
materiality 0.70
Thryv reports Q4/FY21 results above guidance; acquires Vivial for $21M; provides Q1/FY22 outlook
Thryv Holdings, Inc.
- Q4 total SaaS revenue $47.1M (+36% YoY); consolidated revenue $244.4M (-1% YoY); adj. EBITDA $46.5M (19% margin).
- FY21 US SaaS revenue $170.5M (+31% YoY); total net income $101.6M; adj. EBITDA $350.5M (31.5% margin).
- Acquired Vivial Media Holdings for $21M (2x adj. EBITDA post-synergy); adds 25,000 digital customers.
- Q1 2022 guidance: SaaS rev $47.5-47.7M, SaaS EBITDA loss $12-13M, Marketing Services rev $238-240M.
- FY 2022 guidance: SaaS rev $206-208M, SaaS EBITDA loss $21-25M, Marketing Services EBITDA $305-312M.