First Advantage Corporation (FA)

First Advantage Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	171.99	168.69	213.77	391.66	292.64	152.82
Short-Term Investments	-	-	-	1.96	0.94	1.27
Trading Asset Securities	-	-	-	11.57	0.2	-
Cash & Short-Term Investments	171.99	168.69	213.77	405.18	293.78	154.09
Cash Growth	-31.18%	-21.09%	-47.24%	37.92%	90.66%	88.03%
Accounts Receivable	266.05	266.8	142.69	143.81	155.77	111.36
Other Receivables	3.93	8.67	3.71	3.23	2.29	3.48
Receivables	269.98	275.47	146.4	147.04	158.06	114.84
Prepaid Expenses	29.03	31.04	13.43	13.84	12.07	6.5
Restricted Cash	0.8	0.8	0.14	0.14	0.15	0.15
Other Current Assets	-	-	-	-	2.1	2.2
Total Current Assets	471.8	475.99	373.74	566.2	466.16	277.78
Property, Plant & Equipment	291.76	321.2	86.72	124.2	154.31	190.28
Goodwill	2,128	2,125	820.65	793.08	793.89	770.09
Other Intangible Assets	955.36	987.95	344.01	397.18	464.35	523.36
Long-Term Deferred Tax Assets	5.17	5.68	2.79	2.42	1.41	0.81
Other Long-Term Assets	19.58	7.54	2.74	2.75	6.46	1.37
Total Assets	3,872	3,923	1,631	1,886	1,887	1,764
Accounts Payable	116.04	120.87	47.02	54.95	53.98	44.12
Accrued Expenses	90.1	85.55	25.57	34.6	43.98	35.16
Current Portion of Long-Term Debt	21.85	22.1	1.58	-	-	6.7
Current Portion of Leases	3.86	4.26	3.35	5.06	-	0.88
Current Income Taxes Payable	4.37	1.94	0.26	0.72	2.57	2.45
Current Unearned Revenue	4.77	4.27	1.86	1.06	0.87	0.43
Other Current Liabilities	-	11.7	5.4	4.4	7.9	8.1
Total Current Liabilities	241	250.69	85.04	100.79	109.31	97.84
Long-Term Debt	2,117	2,121	558.46	556.65	554.85	782.22
Long-Term Leases	7.92	9.17	5.93	7.88	-	0.99
Long-Term Deferred Tax Liabilities	214.65	222.74	71.27	90.56	84.65	86.77
Other Long-Term Liabilities	11.94	11.97	3.22	3.34	5.54	1.61
Total Liabilities	2,593	2,616	723.92	759.21	754.34	969.42
Common Stock	0.17	0.17	0.15	0.15	0.15	0.13
Additional Paid-In Capital	1,511	1,504	977.29	1,176	1,165	839.15
Retained Earnings	-201	-159.81	-49.55	-27.36	-31.44	-47.49
Comprehensive Income & Other	-31.88	-37.33	-21.16	-22.33	-1.64	2.48
Total Common Equity	1,279	1,307	906.73	1,127	1,132	794.27
Shareholders' Equity	1,279	1,307	906.73	1,127	1,132	794.27
Total Liabilities & Equity	3,872	3,923	1,631	1,886	1,887	1,764
Total Debt	2,151	2,157	569.32	569.59	554.85	790.79
Net Cash (Debt)	-1,979	-1,988	-355.54	-164.41	-261.07	-636.71
Net Cash Per Share	-12.70	-13.38	-2.43	-1.08	-1.84	-4.90
Filing Date Shares Outstanding	173.64	173.51	145.16	147.78	152.94	130
Total Common Shares Outstanding	173.64	173.17	145.07	148.73	152.9	130
Working Capital	230.81	225.31	288.7	465.41	356.85	179.94
Book Value Per Share	7.36	7.55	6.25	7.57	7.41	6.11
Tangible Book Value	-1,805	-1,805	-257.94	-63.64	-126.01	-499.18
Tangible Book Value Per Share	-10.39	-10.43	-1.78	-0.43	-0.82	-3.84
Machinery	-	32.05	26.58	23.42	20.46	15.21
Leasehold Improvements	-	3.01	2.28	2.96	3	2.4

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q