FIRST ADVANTAGE CORP

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 27, 2025

FA$21.58-8.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive (Loss) Income

	Year Ended December 31,
(in thousands, except share and per share amounts)	2024	2023	2022
REVENUES	$860,205	$763,761	$810,023
OPERATING EXPENSES:
Cost of services (exclusive of depreciation and amortization below)	448,911	386,777	408,928
Product and technology expense	63,817	49,263	51,931
Selling, general, and administrative expense	263,942	116,732	116,640
Depreciation and amortization	145,919	129,473	138,246
Total operating expenses	922,589	682,245	715,745
(LOSS) INCOME FROM OPERATIONS	(62,384)	81,516	94,278
OTHER EXPENSE, NET:
Interest expense, net	51,848	33,040	9,199
Loss on extinguishment of debt	383	—	—
Total other expense, net	52,231	33,040	9,199
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES	(114,615)	48,476	85,079
(Benefit) provision for income taxes	(4,342)	11,183	20,475
NET (LOSS) INCOME	$(110,273)	$37,293	$64,604
Foreign currency translation (loss) income	(16,176)	1,174	(20,694)
COMPREHENSIVE (LOSS) INCOME	$(126,449)	$38,467	$43,910
NET (LOSS) INCOME	$(110,273)	$37,293	$64,604
Basic net (loss) income per share	$(0.74)	$0.26	$0.43
Diluted net (loss) income per share	$(0.74)	$0.26	$0.43
Weighted average number of shares outstanding - basic	148,582,226	144,083,808	150,227,213
Weighted average number of shares outstanding - diluted	148,582,226	146,226,096	151,807,139

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.