← Advantage Solutions Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.4m |
$0
-100.00%
|
$3.7b |
$3.8b
+2.09%
|
$3.2b
-16.63%
|
$3.6b
+14.15%
|
$4.0b
+12.42%
|
$4.2b
+4.32%
|
$3.6b
-15.59%
|
$3.5b
-0.66%
|
$3.6b
+1.79%
|
|
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | ($12.9m) |
($13.9m)
-7.22%
|
$3.1b
+22535.72%
|
$3.2b
+1.76%
|
$2.6b
-19.34%
|
$3.0b
+16.17%
|
$3.5b
+17.85%
|
$3.7b
+4.79%
|
$3.1b
-16.43%
|
$3.0b
-0.35%
|
$3.1b
+2.48%
|
|
| Cost of revenues (exclusive of depreciation and amortization shown separately below) | ($12.9m) |
($13.9m)
-7.22%
|
$3.1b
+22535.72%
|
$3.2b
+1.76%
|
$2.6b
-19.34%
|
$3.0b
+16.17%
|
$3.5b
+17.85%
|
$3.7b
+4.79%
|
$3.1b
-16.43%
|
$3.0b
-0.35%
|
$3.1b
+2.48%
|
|
| Net Interest Income | ($17k) |
$4k
+125.99%
|
($62k)
-1482.47%
|
($29k)
+53.29%
|
($14k)
+51.44%
|
$38k
+369.91%
|
$36k
-4.57%
|
— | — | — | ($143.5m) | |
| Gross Profit | — | — | $599.0m |
$621.6m
+3.78%
|
$604.2m
-2.80%
|
$638.2m
+5.63%
|
$556.6m
-12.79%
|
$564.4m
+1.41%
|
$507.3m
-10.12%
|
$494.3m
-2.55%
|
$482.2m
-2.46%
|
|
| Selling, General and Administrative Expense | $5.6m | $5.0m | $4.4m | $3.5m | $306.3m | $168.1m | $190.4m | $265.1m | $324.6m | $276.1m | $246.8m | |
| Selling, general, and administrative expenses | — | — | $152.5m | $175.4m | $306.3m | $168.1m | $190.4m | $265.1m | $324.6m | $276.1m | $246.8m | |
| Amortization of Intangible Assets | — | — | — | — | $191.2m | $198.9m | $200.8m | $196.4m | $177.3m | $171.6m | — | |
| Operating expenses | $9.7m | $8.7m | $7.3m | $8.0m | $6.2m | $6.2m | $6.7m | $7.4m | $8.0m | $12.0m | $450.8m | |
| Total operating expenses | — | — | $4.8b | $3.6b | $3.1b | $3.4b | $5.5b | $4.1b | $3.9b | $3.7b | $3.6b | |
| Operating Income (Loss) | $8.7m | $8.9m |
($1.1b)
-12353.31%
|
($380k)
+99.97%
|
$67.0m
+17752.67%
|
$230.0m
+243.32%
|
($1.4b)
-725.70%
|
$76.2m
+105.29%
|
($295.0m)
-487.17%
|
($126.5m)
+57.13%
|
$31.4m
+124.80%
|
|
| Interest Expense | — | — | — | — | $234.0m | $137.9m | $104.5m | $165.8m | $751k | $517k | $143.5m | |
| Interest expense, net | — | — | $229.6m | $232.1m | $234.0m | $137.9m | $104.5m | $165.8m | $146.8m | $138.9m | $143.5m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $5.3m | $2.1m | $7.5m | — | |
| Nonoperating Income (Expense) | $219k | $91k | ($43k) | $57k | $10k | — | ($83.2m) | ($165.5m) | ($146.2m) | ($138.9m) | — | |
| Other Expenses | $474k | $166k | $311k | $269k | $247.4m | $138.9m | $83.2m | $165.5m | $146.2m | $138.9m | — | |
| Other Expense | — | — | — | $2.7m | $1.1m | $1.2m | $1.2m | $2.2m | $2.0m | $5.8m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $146.8m | $138.9m | $143.5m | |
| Total other expenses (income) | — | — | — | $206k | ($68k) | $68k | $50k | $168k | $1.8m | $6.2m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $8.7m | $8.9m | $1.3b | $3.2m | ($180.4m) | $91.2m | ($1.5b) | ($89.3m) | ($441.2m) | ($265.3m) | ($279.9m) | |
| Loss from continuing operations before benefit from income taxes | ($8.7m) | ($8.9m) | ($1.3b) | $3.2m | ($167.0m) | $91.2m | ($1.5b) | ($89.3m) | ($441.2m) | ($265.3m) | — | |
| Benefit from income taxes from continuing operations | $375k | $76k | ($168.3m) | $731k | ($5.3m) | $33.6m | ($145.3m) | ($29.0m) | ($62.8m) | ($37.6m) | — | |
| Current Income Tax Expense (Benefit) | $375k | $76k | $0 | $0 | $9.0m | $43.6m | $45.4m | $51.4m | $12.5m | $19.9m | ($4.2m) | |
| Income Tax Expense (Benefit) | $375k | $76k | $0 | $0 | ($5.3m) | $33.6m | ($145.3m) | ($29.0m) | ($62.8m) | ($37.6m) | ($4.2m) | |
| Net loss from continuing operations | — | — | ($1.2b) | ($19.8m) | ($161.7m) | $57.5m | ($1.4b) | ($60.3m) | ($378.4m) | ($227.7m) | — | |
| Net income from discontinued operations, net of tax | — | — | — | — | — | — | $41.4m | $20.8m | $53.6m | $0 | — | |
| Net loss | — | — | — | — | — | — | ($1.4b) | ($60.4m) | ($324.8m) | ($227.7m) | — | |
| Net loss attributable to stockholders of Advantage Solutions Inc. | — | — | ($1.2b) | $2.5m | ($162.4m) | $54.5m | ($1.4b) | ($63.3m) | ($327.0m) | ($227.7m) | — | |
| Net Income (Loss) Attributable to Parent | — | — | — | — | ($175.8m) |
$54.5m
+131.00%
|
($1.4b)
-2633.31%
|
($63.3m)
+95.42%
|
($327.0m)
-416.87%
|
($227.7m)
+30.35%
|
($275.7m)
-21.06%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | $736k | $3.1m | $3.2m | $2.9m | $0 | $0 | ($275.7m) | |
| Less: net income from continuing operations attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | $3.8m | $2.3m | $0 | $0 | — | |
| Less: net income from discontinued operations attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | ($546k) | $594k | $2.2m | $0 | — | |
| Earnings Per Share, Basic | ($0.17) | ($0.16) | ($0.11) | ($0.10) | ($0.79) | $0.17 | ($4.33) | ($0.20) | ($0.12) | ($0.02) | ($21.15) | |
| Earnings Per Share, Diluted | ($0.17) | ($0.16) | ($5.68) | $0.05 | ($0.73) | $0.17 | ($4.33) | ($0.20) | ($0.12) | ($0.02) | ($21.15) | |
| Basic | — | — | — | $203,750,000.00 | $223,227,833.00 | $318,198,860.00 | $318,682,548.00 | $323,677,515.00 | $321,515,982.00 | $324,564,046.00 | ($21.15) | |
| Diluted | — | — | — | $203,750,000.00 | $223,227,833.00 | $321,004,756.00 | $318,682,548.00 | $323,677,515.00 | $321,515,982.00 | $324,564,046.00 | ($275,703,000.00) | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | — | — | $4.8b | $3.6b | $3.1b | $3.4b | $5.5b | $4.1b | $3.9b | $3.7b | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $1.4b | — | $233.2m | $36.6m | $175.5m | |
| Management Fee Expense | — | — | — | — | $1.4m | — | — | — | — | — | — | |
| Impairment of goodwill and indefinite-lived asset | — | — | — | — | $0 | $0 | $1.6b | $43.5m | $275.2m | $203.7m | — | |
| Depreciation and amortization | $2.1m | $1.9m | $225.2m | $232.6m | $238.6m | $240.0m | $233.1m | $224.7m | $204.6m | $202.3m | $204.0m | |
| Income from investment in European joint venture and other | — | — | — | — | — | — | — | ($5.2m) | ($2.1m) | ($7.5m) | — | |
| Gain on legal matters | — | — | — | — | — | — | — | $0 | $0 | ($25.7m) | — | |
| Gain on divestitures and deconsolidation of subsidiaries | — | — | — | — | — | — | — | ($58.9m) | $0 | ($28.0m) | — | |
| Operating (loss) income from continuing operations | $8.7m | $8.9m | ($1.1b) | ($380k) | $67.0m | $230.0m | ($1.4b) | $76.2m | ($295.0m) | ($126.5m) | — | |
| Change in fair value of warrant liabilities | — | — | — | $0 | $13.4m | $955k | ($21.2m) | ($286k) | ($584k) | ($83k) | — | |
| Basic loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. | — | — | — | — | — | — | ($4) | ($0) | ($1) | ($1) | — | |
| Basic income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. | — | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Diluted loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. | — | — | — | — | — | — | ($4) | ($0) | ($1) | ($1) | — | |
| Diluted income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. | — | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Foreign currency translation adjustments | — | — | ($9.0m) | $5.5m | $8.8m | ($5.2m) | ($14.4m) | $5.8m | ($9.5m) | $11.7m | — | |
| Foreign exchange loss (gain) | $273k | $70k | ($20k) | $178k | ($64k) | $9k | ($15k) | ($8k) | $574k | ($33k) | — | |
| Loss on remeasurement of convertible debentures (Note 11) | — | — | — | — | — | — | $0 | $0 | $297k | $5.4m | — | |
| Loss on disposal of assets, lease modifications and other | — | — | — | — | — | — | $29k | $16k | $146k | — | — | |
| Intellectual property and other | — | — | — | $57k | $10k | $21k | $29k | $16k | — | — | — | |
| Survey costs (Note 22) | $1.2m | $1.3m | $1.1m | $2.6m | $1.1m | — | — | — | — | — | — | |
| Gain on extinguishment of liability (Note 25) | $0 | $0 | ($186k) | $0 | $0 | — | — | — | — | — | — | |
| Stock-Based Compensation Expense | $790k | $581k | $386k | $44k | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $3.8m | $2.3m | ($378.4m) | ($227.7m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($175.1m) | $57.5m | ($1.4b) | ($60.3m) | ($378.4m) | ($227.7m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $546k | $594k | $53.6m | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $546k | $594k | $51.4m | $0 | — | |
| Total comprehensive loss attributable to stockholders of Advantage Solutions Inc. | ($9.1m) | ($9.0m) | ($1.2b) | ($15.7m) | ($153.6m) | $49.3m | ($1.4b) | ($57.4m) | ($336.4m) | ($216.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.