First Advantage Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-34.8M | $-110.3M | $37.3M | $64.6M | $16.1M | $-47.5M | $34.3M |
| Depreciation & Amortization | $111.8M | $77.2M | $67.4M | $70.0M | $69.4M | $62.3M | $14.9M |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | $136.7M | $68.7M | $62.1M | $68.3M | $73.5M | $72.7M | $11.1M |
| Stock-Based Compensation | $24.5M | $31.8M | $15.3M | $7.9M | $9.5M | $1.9M | $1.2M |
| Net Cash from Operating Activities | $195.1M | $28.2M | $162.8M | $212.8M | $148.7M | $72.9M | $71.6M |
| Investing Activities | |||||||
| Capital Expenditures | $6.6M | $1.7M | $2.1M | $6.2M | $7.3M | $5.3M | $6.6M |
| Business Acquisitions | $0 | $1.62B | $41.1M | $19.1M | $48.9M | $0 | $0 |
| Net Cash from Investing Activities | $-54.1M | $-1.65B | $-66.8M | $-48.6M | $-72.4M | $-15.6M | $-17.8M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $59.5M | $60.5M | — | — | — |
| Net Cash from Financing Activities | $-70.8M | $1.58B | $-273.6M | $-59.2M | $63.8M | $46.4M | $-3.2M |
| Net Change in Cash | $70.6M | $-44.4M | $-177.9M | $99.0M | $139.8M | $104.7M | $50.5M |
| Free Cash Flow | $188.5M | $26.5M | $160.7M | $206.6M | $141.4M | $67.5M | $65.0M |