ADUS FY 2024 Earnings Report — Addus HomeCare Corporation Revenue & Financial Results | Market Cap Arena

Addus HomeCare CorporationADUS

FY 2024 Earnings

Reported February 25, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.1B	—	9.1%
Op. Income	$103M	—	$91M	—	12.9%
Gross Margin	32.5%	—	32.1%	—	0.4pp
Net Margin	6.4%	—	5.9%	—	0.5pp
EPS (Diluted)	$4.23	—	$3.83	—	10.4%
Free Cash Flow	$110M	—	$103M	—	7.4%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$780M
GROSS PROFIT	$375M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$259M
SG&A Expenses	$259M
Other Expenses	$14M
Operating Expenses	$272M
Cost & Expenses	$1.1B
OPERATING INCOME	$103M
Interest Income	$4M
Interest Expense	$8M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$99M
Income Tax Expense	$26M
Net Income from Continuing Ops	$74M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$74M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$74M
D&A	$14M
EBIT	$107M
EBITDA	$121M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$780M
GROSS PROFIT	$375M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$259M
SG&A Expenses	$259M
Other Expenses	$14M
Operating Expenses	$272M
Cost & Expenses	$1.1B
OPERATING INCOME	$103M
Interest Income	$4M
Interest Expense	$8M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$99M
Income Tax Expense	$26M
Net Income from Continuing Ops	$74M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$74M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$74M
D&A	$14M
EBIT	$107M
EBITDA	$121M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$74M
Depreciation & Amortization	$14M
Stock-Based Compensation	$11M
Deferred Income Tax	$13M
Other Non-Cash Items	$3M
Change in Working Capital	$2M
OPERATING CASH FLOW	$116M
Capital Expenditure	-$6M
Acquisitions (Net)	-$349M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$29.0K
NET CASH FROM INVESTING	-$355M
Net Debt Issuance	$97M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$49.0K
NET CASH FROM FINANCING	$272M
FREE CASH FLOW	$110M
Net Change in Cash	$34M

Balance Sheet

Item	Amount
Cash & Equivalents	$99M
Short-Term Investments	$0
Net Receivables	$135M
Inventory	$0
Other Current Assets	$8M
TOTAL CURRENT ASSETS	$260M
PP&E (Net)	$72M
Goodwill	$971M
Intangible Assets	$110M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.4B
Account Payables	$27M
Short-Term Debt	$0
Deferred Revenue	$11M
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$156M
Long-Term Debt	$218M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$26M
Other Non-Current Liabilities	$125.0K
TOTAL NON-CURRENT LIABILITIES	$286M
TOTAL LIABILITIES	$442M
Common Stock	$18.0K
Additional Paid-In Capital	$594M
Retained Earnings	$376M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$970M
Minority Interest	$0
TOTAL EQUITY	$970M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$273M
Net Debt	$174M