First Advantage Corporation (FA)

First Advantage Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	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	168.69	213.77	405.18	293.78	154.09
Cash Growth	-21.09%	-47.24%	37.92%	90.66%	88.03%
Accounts Receivable	266.8	142.69	143.81	155.77	111.36
Other Receivables	8.67	3.71	3.23	2.29	3.48
Receivables	275.47	146.4	147.04	158.06	114.84
Prepaid Expenses	31.04	13.43	13.84	12.07	6.5
Restricted Cash	0.8	0.14	0.14	0.15	0.15
Other Current Assets	-	-	-	2.1	2.2
Total Current Assets	475.99	373.74	566.2	466.16	277.78
Property, Plant & Equipment	321.2	86.72	124.2	154.31	190.28
Goodwill	2,125	820.65	793.08	793.89	770.09
Other Intangible Assets	987.95	344.01	397.18	464.35	523.36
Long-Term Deferred Tax Assets	5.68	2.79	2.42	1.41	0.81
Other Long-Term Assets	7.54	2.74	2.75	6.46	1.37
Total Assets	3,923	1,631	1,886	1,887	1,764
Accounts Payable	120.87	47.02	54.95	53.98	44.12
Accrued Expenses	85.55	25.57	34.6	43.98	35.16
Current Portion of Long-Term Debt	22.1	1.58	-	-	6.7
Current Portion of Leases	4.26	3.35	5.06	-	0.88
Current Income Taxes Payable	1.94	0.26	0.72	2.57	2.45
Current Unearned Revenue	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	250.69	85.04	100.79	109.31	97.84
Long-Term Debt	2,121	558.46	556.65	554.85	782.22
Long-Term Leases	9.17	5.93	7.88	-	0.99
Long-Term Deferred Tax Liabilities	222.74	71.27	90.56	84.65	86.77
Other Long-Term Liabilities	11.97	3.22	3.34	5.54	1.61
Total Liabilities	2,616	723.92	759.21	754.34	969.42
Common Stock	0.17	0.15	0.15	0.15	0.13
Additional Paid-In Capital	1,504	977.29	1,176	1,165	839.15
Retained Earnings	-159.81	-49.55	-27.36	-31.44	-47.49
Comprehensive Income & Other	-37.33	-21.16	-22.33	-1.64	2.48
Total Common Equity	1,307	906.73	1,127	1,132	794.27
Shareholders' Equity	1,307	906.73	1,127	1,132	794.27
Total Liabilities & Equity	3,923	1,631	1,886	1,887	1,764
Total Debt	2,157	569.32	569.59	554.85	790.79
Net Cash (Debt)	-1,988	-355.54	-164.41	-261.07	-636.71
Net Cash Per Share	-13.38	-2.43	-1.08	-1.84	-4.90
Filing Date Shares Outstanding	173.51	145.16	147.78	152.94	130
Total Common Shares Outstanding	173.17	145.07	148.73	152.9	130
Working Capital	225.31	288.7	465.41	356.85	179.94
Book Value Per Share	7.55	6.25	7.57	7.41	6.11
Tangible Book Value	-1,805	-257.94	-63.64	-126.01	-499.18
Tangible Book Value Per Share	-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

Source: S&P Capital IQ. Standard template. Financial Sources.