ADV Q4 2023 Earnings — Advantage Solutions Inc. Revenue & Financial Results | Market Cap Arena

ADVAdvantage Solutions Inc.

$235M

Q4 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$1.1B-2.1% YoY

Gross Profit

$160M14.8% margin

Operating Income

$46M4.3% margin

Net Income

$17M1.6% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$42M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.7B

Stockholders' Equity

$1.1B

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	-2.1%
Gross Profit	$160M	$146M	+9.5%
Operating Income	$46M	-$1.5B	+103.0%
Net Income	$17M	-$1.4B	+101.2%

Revenue Segments

Sales Revenues

$1.3B73%

Marketing Revenues

$476M27%