ADV: Advantage Solutions Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Advantage Solutions Inc (ADV).
$936.60M Market Cap.
ADV Market Cap. (MRY)
ADV Shares Outstanding (MRY)
ADV Assets (MRY)
Total Assets
$3.11B
Total Liabilities
$2.36B
Total Investments
$226.51M
ADV Income (MRY)
Revenue
$3.57B
Net Income
-$326.96M
Operating Expense
$804.32M
ADV Cash Flow (MRY)
CF Operations
$93.09M
CF Investing
$206.45M
CF Financing
-$211.42M
ADV Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,106,517,000 (-17.80%) | $3,779,323,000 (-11.33%) | $4,262,371,000 (-27.19%) | $5,854,268,000 (1.33%) |
Assets Current | $910,738,000 (-10.01%) | $1,012,034,000 (-12.53%) | $1,157,008,000 (4.77%) | $1,104,314,000 (22.74%) |
Assets Non-Current | $2,195,779,000 (-20.65%) | $2,767,289,000 (-10.89%) | $3,105,363,000 (-34.62%) | $4,749,954,000 (-2.62%) |
Goodwill & Intangible Assets | $1,809,599,000 (-20.00%) | $2,262,019,000 (-18.79%) | $2,785,452,000 (-38.01%) | $4,493,518,000 (-2.66%) |
Shareholders Equity | $748,735,000 (-32.26%) | $1,105,362,000 (-1.66%) | $1,123,980,000 (-54.74%) | $2,483,317,000 (2.54%) |
Property Plant & Equipment Net | $97,763,000 (51.08%) | $64,708,000 (-8.73%) | $70,898,000 (11.31%) | $63,696,000 (-20.40%) |
Cash & Equivalents | $220,751,000 (60.89%) | $137,202,000 (-0.96%) | $138,532,000 (-23.31%) | $180,637,000 (-17.88%) |
Accumulated Other Comprehensive Income | -$15,861,000 (-302.05%) | -$3,945,000 (79.07%) | -$18,849,000 (-320.83%) | -$4,479,000 (-764.54%) |
Deferred Revenue | $24,164,000 (-9.15%) | $26,598,000 (-28.75%) | $37,329,000 (-26.03%) | $50,467,000 (-2.76%) |
Total Investments | $226,510,000 (7.44%) | $210,829,000 (62.81%) | $129,491,000 (3.46%) | $125,158,000 (8.25%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $226,510,000 (7.44%) | $210,829,000 (62.81%) | $129,491,000 (3.46%) | $125,158,000 (8.25%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $603,069,000 (-8.56%) | $659,499,000 (-24.11%) | $869,000,000 (8.94%) | $797,677,000 (38.93%) |
Trade & Non-Trade Payables | $158,485,000 (-8.33%) | $172,894,000 (-33.87%) | $261,464,000 (-5.73%) | $277,366,000 (41.91%) |
Accumulated Retained Earnings (Deficit) | -$2,641,612,000 (-14.13%) | -$2,314,650,000 (-3.01%) | -$2,247,109,000 (-159.30%) | -$866,607,000 (5.92%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $146,889,000 (-28.04%) | $204,136,000 (-31.47%) | $297,874,000 (-38.35%) | $483,165,000 (-1.64%) |
Total Debt | $1,699,940,000 (-8.67%) | $1,861,392,000 (-8.61%) | $2,036,810,000 (-0.32%) | $2,043,279,000 (-2.38%) |
Debt Current | $13,250,000 (-0.18%) | $13,274,000 (-5.12%) | $13,991,000 (-2.82%) | $14,397,000 (-77.41%) |
Debt Non-Current | $1,686,690,000 (-8.73%) | $1,848,118,000 (-8.64%) | $2,022,819,000 (-0.30%) | $2,028,882,000 (-0.02%) |
Total Liabilities | $2,357,782,000 (-11.87%) | $2,675,246,000 (-11.79%) | $3,032,901,000 (-7.31%) | $3,271,974,000 (0.41%) |
Liabilities Current | $460,062,000 (-15.01%) | $541,297,000 (-9.89%) | $600,701,000 (-6.94%) | $645,520,000 (12.27%) |
Liabilities Non-Current | $1,897,720,000 (-11.07%) | $2,133,949,000 (-12.26%) | $2,432,200,000 (-7.40%) | $2,626,454,000 (-2.13%) |
ADV Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $3,566,324,000 (-8.56%) | $3,900,125,000 (6.96%) | $3,646,342,000 (1.22%) | $3,602,298,000 (14.15%) |
Cost of Revenue | $3,059,052,000 (-10.42%) | $3,415,046,000 (7.61%) | $3,173,493,000 (7.06%) | $2,964,123,000 (16.17%) |
Selling General & Administrative Expense | $324,596,000 (29.72%) | $250,235,000 (42.70%) | $175,360,000 (4.33%) | $168,086,000 (-45.12%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $804,319,000 (60.03%) | $502,591,000 (-74.41%) | $1,963,929,000 (381.21%) | $408,127,000 (-24.02%) |
Interest Expense | $146,792,000 (-11.43%) | $165,734,000 (58.77%) | $104,387,000 (-24.32%) | $137,927,000 (-41.07%) |
Income Tax Expense | -$62,787,000 (-66.77%) | -$37,648,000 (76.24%) | -$158,442,000 (-571.32%) | $33,617,000 (730.59%) |
Net Loss Income from Discontinued Operations | -$53,634,000 (-157.50%) | -$20,829,000 (49.63%) | -$41,350,000 (0%) | $0 (0%) |
Consolidated Income | -$324,770,000 (-437.86%) | -$60,382,000 (95.62%) | -$1,377,302,000 (-2493.27%) | $57,549,000 (132.87%) |
Net Income to Non-Controlling Interests | $2,192,000 (-25.44%) | $2,940,000 (-8.44%) | $3,211,000 (5.11%) | $3,055,000 (315.08%) |
Net Income | -$326,962,000 (-416.35%) | -$63,322,000 (95.41%) | -$1,380,513,000 (-2633.33%) | $54,494,000 (131.00%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$326,962,000 (-416.35%) | -$63,322,000 (95.41%) | -$1,380,513,000 (-2633.33%) | $54,494,000 (131.00%) |
Weighted Average Shares | $321,515,982 (-0.67%) | $323,677,515 (1.57%) | $318,682,548 (0.15%) | $318,198,860 (42.54%) |
Weighted Average Shares Diluted | $321,515,982 (-0.67%) | $323,677,515 (1.57%) | $318,682,548 (-0.72%) | $321,004,756 (43.80%) |
Earning Before Interest & Taxes (EBIT) | -$242,957,000 (-475.14%) | $64,764,000 (104.51%) | -$1,434,568,000 (-734.66%) | $226,038,000 (327.24%) |
Gross Profit | $507,272,000 (4.58%) | $485,079,000 (2.59%) | $472,849,000 (-25.91%) | $638,175,000 (5.63%) |
Operating Income | -$297,047,000 (-1596.25%) | -$17,512,000 (98.83%) | -$1,491,080,000 (-748.16%) | $230,048,000 (243.32%) |
ADV Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $206,446,000 (508.68%) | -$50,515,000 (52.39%) | -$106,100,000 (-39.89%) | -$75,843,000 (23.39%) |
Net Cash Flow from Financing | -$211,417,000 (-18.51%) | -$178,396,000 (-468.48%) | -$31,381,000 (63.64%) | -$86,300,000 (62.50%) |
Net Cash Flow from Operations | $93,095,000 (-59.26%) | $228,492,000 (118.22%) | $104,705,000 (-16.89%) | $125,991,000 (-63.56%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $83,549,000 (5949.89%) | $1,381,000 (103.40%) | -$40,648,000 (-3.35%) | -$39,329,000 (-287.81%) |
Net Cash Flow - Business Acquisitions and Disposals | $261,785,000 (3024.32%) | -$8,952,000 (87.75%) | -$73,085,000 (-63.62%) | -$44,668,000 (34.37%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$55,339,000 (-33.14%) | -$41,563,000 (-25.89%) | -$33,015,000 (-5.90%) | -$31,175,000 (-0.74%) |
Issuance (Repayment) of Debt Securities | -$161,224,000 (4.84%) | -$169,417,000 (-1095.52%) | -$14,171,000 (76.55%) | -$60,441,000 (94.38%) |
Issuance (Purchase) of Equity Shares | -$31,773,000 (-668.58%) | -$4,134,000 (-224.52%) | $3,320,000 (128.20%) | -$11,773,000 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$4,575,000 (-354.17%) | $1,800,000 (122.87%) | -$7,872,000 (-147.78%) | -$3,177,000 (-172.77%) |
Share Based Compensation | $31,742,000 (-12.82%) | $36,409,000 (29.26%) | $28,167,000 (15.52%) | $24,382,000 (-72.84%) |
Depreciation Amortization & Accretion | $204,553,000 (-2.06%) | $208,856,000 (-3.33%) | $216,046,000 (-10.00%) | $240,041,000 (0.60%) |
ADV Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 14.20% (14.52%) | 12.40% (-4.62%) | 13.00% (-26.55%) | 17.70% (-7.33%) |
Profit Margin | -9.20% (-475.00%) | -1.60% (95.78%) | -37.90% (-2626.67%) | 1.50% (126.79%) |
EBITDA Margin | -1.10% (-115.71%) | 7.00% (120.96%) | -33.40% (-358.91%) | 12.90% (40.22%) |
Return on Average Equity (ROAE) | -35.00% (-503.45%) | -5.80% (90.89%) | -63.70% (-2995.45%) | 2.20% (112.50%) |
Return on Average Assets (ROAA) | -9.60% (-500.00%) | -1.60% (93.70%) | -25.40% (-2922.22%) | 0.90% (116.36%) |
Return on Sales (ROS) | -6.80% (-500.00%) | 1.70% (104.33%) | -39.30% (-723.81%) | 6.30% (270.59%) |
Return on Invested Capital (ROIC) | -10.10% (-520.83%) | 2.40% (104.57%) | -52.50% (-689.89%) | 8.90% (196.67%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -2.86 (84.18%) | -18.1 (-3670.83%) | -0.48 (-101.02%) | 47.18 (382.98%) |
Price to Sales Ratio (P/S) | 0.26 (-12.33%) | 0.3 (64.84%) | 0.18 (-74.29%) | 0.71 (-24.03%) |
Price to Book Ratio (P/B) | 1.25 (17.03%) | 1.07 (80.57%) | 0.59 (-42.47%) | 1.03 (-40.59%) |
Debt to Equity Ratio (D/E) | 3.15 (30.12%) | 2.42 (-10.30%) | 2.7 (104.70%) | 1.32 (-2.08%) |
Earnings Per Share (EPS) | -1.02 (-410.00%) | -0.2 (95.38%) | -4.33 (-2647.06%) | 0.17 (121.52%) |
Sales Per Share (SPS) | 11.09 (-7.94%) | 12.05 (5.31%) | 11.44 (1.07%) | 11.32 (-19.92%) |
Free Cash Flow Per Share (FCFPS) | 0.12 (-79.76%) | 0.58 (156.89%) | 0.23 (-24.50%) | 0.3 (-78.87%) |
Book Value Per Share (BVPS) | 2.33 (-31.80%) | 3.42 (-3.18%) | 3.53 (-54.81%) | 7.8 (-28.07%) |
Tangible Assets Book Value Per Share (TABVPS) | 4.03 (-13.95%) | 4.69 (1.17%) | 4.63 (8.37%) | 4.28 (-17.82%) |
Enterprise Value Over EBIT (EV/EBIT) | -10 (-122.22%) | 45 (2350.00%) | -2 (-110.00%) | 20 (-84.85%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -63.16 (-692.16%) | 10.67 (601.93%) | -2.13 (-122.46%) | 9.46 (-60.62%) |
Asset Turnover | 1.05 (8.05%) | 0.97 (44.63%) | 0.67 (7.72%) | 0.62 (-36.98%) |
Current Ratio | 1.98 (5.88%) | 1.87 (-2.91%) | 1.93 (12.57%) | 1.71 (9.33%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $37,756,000 (-79.80%) | $186,929,000 (160.75%) | $71,690,000 (-24.39%) | $94,816,000 (-69.88%) |
Enterprise Value (EV) | $2,425,593,947 (-16.88%) | $2,918,321,825 (12.68%) | $2,589,944,681 (-41.27%) | $4,409,948,999 (-37.03%) |
Earnings Before Tax (EBT) | -$389,749,000 (-286.00%) | -$100,970,000 (93.44%) | -$1,538,955,000 (-1846.61%) | $88,111,000 (148.64%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$38,404,000 (-114.04%) | $273,620,000 (122.46%) | -$1,218,522,000 (-361.44%) | $466,079,000 (59.89%) |
Invested Capital | $2,316,045,000 (-14.23%) | $2,700,197,000 (-2.68%) | $2,774,496,000 (7.63%) | $2,577,872,000 (4.81%) |
Working Capital | $450,676,000 (-4.26%) | $470,737,000 (-15.38%) | $556,307,000 (21.25%) | $458,794,000 (41.27%) |
Tangible Asset Value | $1,296,918,000 (-14.52%) | $1,517,304,000 (2.73%) | $1,476,919,000 (8.54%) | $1,360,750,000 (17.17%) |
Market Capitalization | $936,600,947 (-20.73%) | $1,181,544,825 (77.69%) | $664,943,681 (-73.97%) | $2,554,959,999 (-39.08%) |
Average Equity | $934,569,250 (-14.18%) | $1,088,958,750 (-49.77%) | $2,167,873,250 (-11.60%) | $2,452,477,000 (146.00%) |
Average Assets | $3,407,339,500 (-15.34%) | $4,024,514,250 (-26.02%) | $5,440,052,000 (-6.02%) | $5,788,700,000 (81.04%) |
Invested Capital Average | $2,416,027,500 (-9.01%) | $2,655,125,000 (-2.85%) | $2,732,956,750 (8.04%) | $2,529,482,250 (42.10%) |
Shares | 320,753,749 (-1.73%) | 326,393,598 (2.10%) | 319,684,462 (0.35%) | 318,573,566 (0.05%) |
