First Advantage (FA) FY2024 results: revenue $860 million, up 12.6% on the year
First Advantage Corp. (FA) reported revenue of $860 million for fiscal 2024, the year ended 31 December 2024, up 12.6% on the year before. Net income was -$110 million, and diluted earnings per share $-0.74. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$860 million
+12.6% on the year
FY2019FY2024
Operating margin
-7.3%
10.7% a year earlier
FY2019FY2024
Net income
-$110 million
FY2019FY2024
Diluted EPS
-$0.74
FY2019FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
28.2
163
213
-82.7%
Capital expenditure
1.7
2.1
6.2
-17.5%
Free cash flow
26.5
161
207
-83.5%
Free cash flow margin
3.1%
21.0%
25.5%
Cash from investing
-1,652
-66.8
-48.6
Cash from financing
1,581
-274
-59.2
Depreciation and amortisation
77.2
67.4
70.0
+14.5%
Share-based compensation
31.8
15.3
7.9
+108.1%
Buybacks
n/a
59.5
60.5
Dividend per share
$1.50
$1.50
n/a
0.0%
Diluted shares, weighted
149m
146m
152m
+1.6%
Shares outstanding at period end
173m
145m
149m
+19.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,307
907
1,127
+44.1%
Debt
2,163
565
557
+283.0%
Operating lease liabilities
9.1
5.9
7.9
+54.3%
Finance lease liabilities
0.0
0.0
0.0
Other liabilities
444
153
195
+189.4%
Total liabilities and equity
3,923
1,631
1,886
+140.6%
Fixed assets
308
79.4
114
+287.1%
Goodwill
2,125
821
793
+158.9%
Intangible assets
988
344
397
+187.2%
Investments
n/a
0.0
2.0
Cash and equivalents
169
214
392
-21.1%
Receivables
267
143
144
+87.0%
Other assets
67.4
30.1
44.6
+124.0%
Total assets
3,923
1,631
1,886
+140.6%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.