Advantage Solutions Inc
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
ADV$33.14+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in thousands, except share data) | March 31, 2025 | December 31, 2024 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $121,149 | $205,233 |
| Restricted cash | 15,719 | 15,518 |
| Accounts receivable, net of allowance for expected credit losses of $14,146 and $13,047, respectively | 641,711 | 603,069 |
| Prepaid expenses and other current assets | 100,414 | 86,918 |
| Total current assets | 878,993 | 910,738 |
| Property and equipment, net | 98,569 | 97,763 |
| Goodwill | 477,021 | 477,021 |
| Other intangible assets, net | 1,289,666 | 1,332,578 |
| Investments in unconsolidated affiliates | 234,284 | 226,510 |
| Other assets | 34,820 | 61,907 |
| Total assets | $3,013,353 | $3,106,517 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Current portion of long-term debt | $13,250 | $13,250 |
| Accounts payable | 180,584 | 158,485 |
| Accrued compensation and benefits | 87,403 | 129,486 |
| Other accrued expenses | 134,042 | 134,677 |
| Deferred revenues | 26,646 | 24,164 |
| Total current liabilities | 441,925 | 460,062 |
| Long-term debt, net of current portion | 1,665,280 | 1,686,690 |
| Deferred income tax liabilities | 147,340 | 146,889 |
| Other long-term liabilities | 63,233 | 64,141 |
| Total liabilities | 2,317,778 | 2,357,782 |
| Commitments and contingencies (Note 9) | ||
| Equity attributable to stockholders of Advantage Solutions Inc. | ||
| Common stock, $0.0001 par value, 3,290,000,000 shares authorized; 323,265,272 and 320,773,096 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively | 32 | 32 |
| Additional paid in capital | 3,469,419 | 3,466,221 |
| Accumulated deficit | (2,697,742) | (2,641,612) |
| Loans to Karman Topco L.P. | (7,190) | (7,029) |
| Accumulated other comprehensive loss | (15,059) | (15,861) |
| Treasury stock, at cost; 12,894,517 and 12,400,075 shares as of March 31, 2025 and December 31, 2024, respectively | (53,885) | (53,016) |
| Total stockholders' equity | 695,575 | 748,735 |
| Total liabilities and stockholders' equity | $3,013,353 | $3,106,517 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.