First Advantage Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	216.85	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	216.85	168.69	213.77	405.18	293.78	154.09
Cash Growth	-29.46%	-21.09%	-47.24%	37.92%	90.66%	88.03%
Accounts Receivable	291.03	266.8	142.69	143.81	155.77	111.36
Other Receivables	13.66	8.67	3.71	3.23	2.29	3.48
Receivables	304.69	275.47	146.4	147.04	158.06	114.84
Prepaid Expenses	20.81	31.04	13.43	13.84	12.07	6.5
Restricted Cash	0.08	0.8	0.14	0.14	0.15	0.15
Other Current Assets	-	-	-	-	2.1	2.2
Total Current Assets	542.43	475.99	373.74	566.2	466.16	277.78
Property, Plant & Equipment	260.95	321.2	86.72	124.2	154.31	190.28
Goodwill	2,140	2,125	820.65	793.08	793.89	770.09
Other Intangible Assets	889.9	987.95	344.01	397.18	464.35	523.36
Long-Term Deferred Tax Assets	5.68	5.68	2.79	2.42	1.41	0.81
Other Long-Term Assets	17.19	7.54	2.74	2.75	6.46	1.37
Total Assets	3,856	3,923	1,631	1,886	1,887	1,764
Accounts Payable	127.51	120.87	47.02	54.95	53.98	44.12
Accrued Expenses	87.85	85.55	25.57	34.6	43.98	35.16
Current Portion of Long-Term Debt	6.33	22.1	1.58	-	-	6.7
Current Portion of Leases	3.67	4.26	3.35	5.06	-	0.88
Current Income Taxes Payable	2.53	1.94	0.26	0.72	2.57	2.45
Current Unearned Revenue	4.94	4.27	1.86	1.06	0.87	0.43
Other Current Liabilities	7	11.7	5.4	4.4	7.9	8.1
Total Current Liabilities	239.83	250.69	85.04	100.79	109.31	97.84
Long-Term Debt	2,103	2,121	558.46	556.65	554.85	782.22
Long-Term Leases	6.41	9.17	5.93	7.88	-	0.99
Long-Term Deferred Tax Liabilities	194.47	222.74	71.27	90.56	84.65	86.77
Other Long-Term Liabilities	11.04	11.97	3.22	3.34	5.54	1.61
Total Liabilities	2,555	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	1,524	1,504	977.29	1,176	1,165	839.15
Retained Earnings	-198.1	-159.81	-49.55	-27.36	-31.44	-47.49
Comprehensive Income & Other	-24.45	-37.33	-21.16	-22.33	-1.64	2.48
Total Common Equity	1,302	1,307	906.73	1,127	1,132	794.27
Shareholders' Equity	1,302	1,307	906.73	1,127	1,132	794.27
Total Liabilities & Equity	3,856	3,923	1,631	1,886	1,887	1,764
Total Debt	2,120	2,157	569.32	569.59	554.85	790.79
Net Cash (Debt)	-1,903	-1,988	-355.54	-164.41	-261.07	-636.71
Net Cash Per Share	-11.16	-13.38	-2.43	-1.08	-1.84	-4.90
Filing Date Shares Outstanding	174.11	173.51	145.16	147.78	152.94	130
Total Common Shares Outstanding	174.04	173.17	145.07	148.73	152.9	130
Working Capital	302.6	225.31	288.7	465.41	356.85	179.94
Book Value Per Share	7.48	7.55	6.25	7.57	7.41	6.11
Tangible Book Value	-1,729	-1,805	-257.94	-63.64	-126.01	-499.18
Tangible Book Value Per Share	-9.93	-10.43	-1.78	-0.43	-0.82	-3.84
Machinery	33.26	32.05	26.58	23.42	20.46	15.21
Leasehold Improvements	2.87	3.01	2.28	2.96	3	2.4

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q