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Side-by-side financial comparison of MNTN, Inc. (MNTN) and Thryv Holdings, Inc. (THRY). Click either name above to swap in a different company.

Thryv Holdings, Inc. is the larger business by last-quarter revenue ($191.6M vs $70.0M, roughly 2.7× MNTN, Inc.). MNTN, Inc. runs the higher net margin — 9.2% vs -5.0%, a 14.2% gap on every dollar of revenue.

MNTN Inc. is a U.S.-headquartered advertising technology firm specializing in performance-driven connected TV (CTV) advertising solutions. It serves e-commerce, retail, and consumer goods brands, helping clients accurately measure ad campaign ROI and reach targeted audiences across streaming TV platforms in North American and European markets.

Thryv Holdings, Inc. is a publicly traded software as a service (SaaS) company, providing customer relationship management and online reputation management software for small businesses. It has headquarters in Dallas, Texas, and operates in 48 states across the United States of America with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.

MNTN vs THRY — Head-to-Head

Bigger by revenue
THRY
THRY
2.7× larger
THRY
$191.6M
$70.0M
MNTN
Higher net margin
MNTN
MNTN
14.2% more per $
MNTN
9.2%
-5.0%
THRY

Income Statement — Q3 2025 vs Q4 2025

Metric
MNTN
MNTN
THRY
THRY
Revenue
$70.0M
$191.6M
Net Profit
$6.4M
$-9.7M
Gross Margin
78.9%
68.0%
Operating Margin
10.8%
5.3%
Net Margin
9.2%
-5.0%
Revenue YoY
2.7%
Net Profit YoY
-222.5%
EPS (diluted)
$0.08
$-0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MNTN
MNTN
THRY
THRY
Q4 25
$191.6M
Q3 25
$70.0M
$201.6M
Q2 25
$68.5M
$210.5M
Q1 25
$181.4M
Q4 24
$186.6M
Q3 24
$179.9M
Q2 24
$224.1M
Q1 24
$233.6M
Net Profit
MNTN
MNTN
THRY
THRY
Q4 25
$-9.7M
Q3 25
$6.4M
$5.7M
Q2 25
$-26.2M
$13.9M
Q1 25
$-9.6M
Q4 24
$7.9M
Q3 24
$-96.1M
Q2 24
$5.5M
Q1 24
$8.4M
Gross Margin
MNTN
MNTN
THRY
THRY
Q4 25
68.0%
Q3 25
78.9%
67.7%
Q2 25
76.8%
69.7%
Q1 25
65.8%
Q4 24
65.9%
Q3 24
62.3%
Q2 24
66.3%
Q1 24
65.8%
Operating Margin
MNTN
MNTN
THRY
THRY
Q4 25
5.3%
Q3 25
10.8%
9.9%
Q2 25
5.4%
14.0%
Q1 25
-1.7%
Q4 24
-3.9%
Q3 24
-49.2%
Q2 24
14.0%
Q1 24
13.3%
Net Margin
MNTN
MNTN
THRY
THRY
Q4 25
-5.0%
Q3 25
9.2%
2.8%
Q2 25
-38.3%
6.6%
Q1 25
-5.3%
Q4 24
4.2%
Q3 24
-53.4%
Q2 24
2.5%
Q1 24
3.6%
EPS (diluted)
MNTN
MNTN
THRY
THRY
Q4 25
$-0.21
Q3 25
$0.08
$0.13
Q2 25
$-0.65
$0.31
Q1 25
$-0.22
Q4 24
$0.28
Q3 24
$-2.65
Q2 24
$0.15
Q1 24
$0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MNTN
MNTN
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$179.2M
$10.8M
Total DebtLower is stronger
$253.5M
Stockholders' EquityBook value
$266.7M
$218.1M
Total Assets
$335.9M
$688.6M
Debt / EquityLower = less leverage
1.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNTN
MNTN
THRY
THRY
Q4 25
$10.8M
Q3 25
$179.2M
$11.6M
Q2 25
$175.2M
$10.8M
Q1 25
$11.0M
Q4 24
$16.3M
Q3 24
$12.5M
Q2 24
$15.5M
Q1 24
$14.4M
Total Debt
MNTN
MNTN
THRY
THRY
Q4 25
$253.5M
Q3 25
$268.2M
Q2 25
$275.6M
Q1 25
$299.0M
Q4 24
$284.3M
Q3 24
$307.8M
Q2 24
$342.1M
Q1 24
$347.6M
Stockholders' Equity
MNTN
MNTN
THRY
THRY
Q4 25
$218.1M
Q3 25
$266.7M
$221.1M
Q2 25
$238.9M
$214.9M
Q1 25
$193.2M
Q4 24
$196.9M
Q3 24
$94.5M
Q2 24
$183.1M
Q1 24
$167.1M
Total Assets
MNTN
MNTN
THRY
THRY
Q4 25
$688.6M
Q3 25
$335.9M
$701.8M
Q2 25
$337.0M
$687.7M
Q1 25
$703.7M
Q4 24
$712.2M
Q3 24
$654.8M
Q2 24
$785.5M
Q1 24
$786.8M
Debt / Equity
MNTN
MNTN
THRY
THRY
Q4 25
1.16×
Q3 25
1.21×
Q2 25
1.28×
Q1 25
1.55×
Q4 24
1.44×
Q3 24
3.26×
Q2 24
1.87×
Q1 24
2.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MNTN
MNTN
THRY
THRY
Operating Cash FlowLast quarter
$9.3M
$22.2M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$31.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNTN
MNTN
THRY
THRY
Q4 25
$22.2M
Q3 25
$9.3M
$22.2M
Q2 25
$17.6M
$29.6M
Q1 25
$-10.5M
Q4 24
$26.1M
Q3 24
$36.0M
Q2 24
$22.2M
Q1 24
$5.4M
Free Cash Flow
MNTN
MNTN
THRY
THRY
Q4 25
$12.3M
Q3 25
$14.6M
Q2 25
$21.8M
Q1 25
$-17.6M
Q4 24
$17.3M
Q3 24
$27.5M
Q2 24
$13.3M
Q1 24
$-1.8M
FCF Margin
MNTN
MNTN
THRY
THRY
Q4 25
6.4%
Q3 25
7.2%
Q2 25
10.4%
Q1 25
-9.7%
Q4 24
9.3%
Q3 24
15.3%
Q2 24
5.9%
Q1 24
-0.8%
Capex Intensity
MNTN
MNTN
THRY
THRY
Q4 25
5.2%
Q3 25
3.8%
Q2 25
3.7%
Q1 25
3.9%
Q4 24
4.7%
Q3 24
4.7%
Q2 24
4.0%
Q1 24
3.1%
Cash Conversion
MNTN
MNTN
THRY
THRY
Q4 25
Q3 25
1.45×
3.93×
Q2 25
2.12×
Q1 25
Q4 24
3.32×
Q3 24
Q2 24
4.01×
Q1 24
0.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MNTN
MNTN

Segment breakdown not available.

THRY
THRY

Software As A Service$119.0M62%
Print$56.2M29%
Digital$16.4M9%

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