FA Q1 2024 Earnings — First Advantage Corporation Revenue & Financial Results | Market Cap Arena

FAFirst Advantage Corporation

$2B

Q1 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$169M-3.5% YoY

Gross Profit

$82M48.5% margin

Operating Income

-$726,000-0.4% margin

Net Income

-$3M-1.7% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-16.4%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$32M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$724M

Stockholders' Equity

$908M

Cash & Equivalents

$245M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$169M	$176M	-3.5%
Gross Profit	$82M	$84M	-2.6%
Operating Income	-$726,000	$11M	-106.4%
Net Income	-$3M	$2M	-251.1%

Geographic Segments

Americas

$149M100%