Thryv Holdings Intrinsic Value Calculation – THRYV HOLDINGS Reports Record Q2 Earnings for FY2023
August 26, 2023
🌥️Earnings Overview
On August 3, 2023, THRYV HOLDINGS ($NASDAQ:THRY) released their FY2023 second-quarter earnings results for the period ending June 30, 2023. Revenue for the quarter was USD 251.4 million, a decrease of 24.7% from the same period in the prior year. Net income decreased 72.4% to USD 16.0 million year over year.
Price History
The company’s stock opened at $22.5 and closed at $24.2, representing a 3.9% increase from the previous closing price of $23.3. The strong results were driven largely by an increase in customer acquisition and subscription revenue, as well as a decrease in customer churn and operational costs. This decrease was partially offset by an increase in other costs associated with the company’s rapid expansion plans. The company’s strong performance highlights its ability to adapt to the changing landscape and capitalize on opportunities presented to them. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Thryv Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.06k | -11.87 | 4.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Thryv Holdings. More…
| Operations | Investing | Financing |
| 149.41 | -42.73 | -104.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Thryv Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.1k | 696.9 | 11.82 |
Key Ratios Snapshot
Some of the financial key ratios for Thryv Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.0% | -17.9% | 6.2% |
| FCF Margin | ROE | ROA |
| 11.0% | 10.3% | 3.7% |
Analysis – Thryv Holdings Intrinsic Value Calculation
At GoodWhale, we’ve taken a deep dive into the financials of THRYV HOLDINGS to provide you with the most accurate analysis of its current market value. Our proprietary Valuation Line has calculated a fair value of THRYV HOLDINGS’ share at around $29.6. However, the THRYV HOLDINGS stock is currently trading at $24.2, meaning that it is significantly undervalued by 18.3%. This offers a great opportunity to invest in THRYV HOLDINGS at a price that is below its fair value. More…
Peers
In the business world, competition is key. It drives companies to be better, to innovate, and to provide the best possible products and services to their customers. Thryv Holdings Inc is no different. The company competes with other businesses in its industry, such as Newretail Co Ltd, RDE Inc, and Brightcom Group Ltd. While each company has its own strengths and weaknesses, Thryv strives to be the best in everything it does. From customer service to product quality, Thryv is always looking for ways to improve and exceed the expectations of its clients.
– Newretail Co Ltd ($TPEX:3085)
Newretail Co Ltd is a company that operates in the retail industry. It has a market cap of 579.81M as of 2022 and a ROE of 5.63%. The company offers a wide range of products and services, including groceries, home appliances, electronics, and more. It has a strong presence in China and is expanding its operations to other countries.
– RDE Inc ($OTCPK:RSTN)
RDE Inc is a publicly traded company with a market capitalization of $17.59 million as of March 2022. The company has a return on equity of 252.89% and is engaged in the development, manufacture, and marketing of medical devices. RDE Inc’s products include surgical instruments, implants, and medical supplies. The company has operations in the United States, Europe, Asia, and Australia.
– Brightcom Group Ltd ($BSE:532368)
Brightcom Group Ltd is a Chinese holding company that engages in the provision of online marketing and advertising services. It offers search engine marketing, display advertising, and video advertising services. The company was founded in 2007 and is headquartered in Beijing, China.
Summary
THRYV HOLDINGS released their Q2 earnings results for FY2023 on Aug 3 2023 and they reported a total revenue of USD 251.4 million, a 24.7% decrease from the previous year. Net income decreased by 72.4% year over year, to USD 16 million. On the day of release, THRYV’s stock price moved up slightly. Investors may be encouraged by the company’s ability to reduce costs during this challenging period, however they should consider the overall decline in revenue and income as well as the potential future outlook of the business before investing.
Related Posts
Recent Posts
