Advantage Solutions Inc. (ADV)

Advantage Solutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,092	4,225	4,050	3,602	3,156	3,785
Revenue Growth (YoY)	0.31%	4.32%	12.42%	14.15%	-16.63%	2.09%
Cost of Revenue	3,536	3,660	3,493	2,964	2,551	3,163
Gross Profit	555.57	564.38	556.56	638.18	604.19	621.62
Selling, General & Admin	279.66	265.09	187.5	168.09	306.28	175.37
Other Operating Expenses	262.63	268.2	1,806	240.04	230.9	232.57
Operating Expenses	542.29	533.29	1,993	408.13	537.18	407.95
Operating Income	13.28	31.09	-1,436.54	230.05	67.01	213.67
Interest Expense / Income	154.37	165.8	104.46	137.93	234.04	232.08
Other Expense / Income	-85.1	-42.44	-15.16	4.01	14.1	1.42
Pretax Income	-55.99	-92.27	-1,525.84	88.11	-181.14	-19.82
Income Tax	-35.02	-29.01	-145.34	33.62	-5.33	1.35
Net Income	-20.98	-63.26	-1,380.5	54.49	-175.81	-21.17
Shares Outstanding (Basic)	321	324	319	318	223	204
Shares Outstanding (Diluted)	321	324	319	321	223	204
Shares Change	0.10%	1.57%	-0.72%	43.80%	9.56%	-
EPS (Basic)	-0.07	-0.20	-4.33	0.17	-0.79	-0.10
EPS (Diluted)	-0.07	-0.20	-4.33	0.17	-0.79	-0.10
Free Cash Flow	132.93	192.72	80.8	94.82	314.78	98.92
Free Cash Flow Per Share	0.41	0.59	0.25	0.30	1.41	0.49
Gross Margin	13.58%	13.36%	13.74%	17.72%	19.15%	16.42%
Operating Margin	0.32%	0.74%	-35.47%	6.39%	2.12%	5.65%
Profit Margin	-0.51%	-1.50%	-34.09%	1.51%	-5.57%	-0.56%
Free Cash Flow Margin	3.25%	4.56%	2.00%	2.63%	9.98%	2.61%
Effective Tax Rate	-	-	-	38.15%	-	-
EBITDA	317.51	298.23	-1,188.31	466.08	291.51	444.83
EBITDA Margin	7.76%	7.06%	-29.34%	12.94%	9.24%	11.75%
Depreciation & Amortization	219.13	224.7	233.08	240.04	238.6	232.57
EBIT	98.38	73.54	-1,421.38	226.04	52.91	212.26
EBIT Margin	2.40%	1.74%	-35.10%	6.27%	1.68%	5.61%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).