Advantage Solutions Inc
NASDAQ:ADV
Income Statement
Earnings Waterfall
Advantage Solutions Inc
Revenue
|
4.2B
USD
|
Cost of Revenue
|
-3.7B
USD
|
Gross Profit
|
564.4m
USD
|
Operating Expenses
|
-489.8m
USD
|
Operating Income
|
74.6m
USD
|
Other Expenses
|
-137.9m
USD
|
Net Income
|
-63.3m
USD
|
Income Statement
Advantage Solutions Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
3 156
N/A
|
3 067
-3%
|
3 276
+7%
|
3 420
+4%
|
3 602
+5%
|
3 726
+3%
|
3 857
+4%
|
3 980
+3%
|
4 050
+2%
|
4 147
+2%
|
4 203
+1%
|
4 248
+1%
|
4 225
-1%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(2 552)
|
(2 458)
|
(2 646)
|
(2 787)
|
(2 964)
|
(3 097)
|
(3 240)
|
(3 383)
|
(3 493)
|
(3 595)
|
(3 658)
|
(3 697)
|
(3 660)
|
|
Gross Profit |
604
N/A
|
609
+1%
|
629
+3%
|
633
+1%
|
638
+1%
|
629
-1%
|
617
-2%
|
597
-3%
|
557
-7%
|
552
-1%
|
545
-1%
|
551
+1%
|
564
+3%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(537)
|
(536)
|
(514)
|
(540)
|
(408)
|
(414)
|
(416)
|
(415)
|
(419)
|
(2 022)
|
(2 021)
|
(2 058)
|
(490)
|
|
Selling, General & Administrative |
(306)
|
(306)
|
(272)
|
(298)
|
(168)
|
(176)
|
(182)
|
(182)
|
(186)
|
(217)
|
(218)
|
(256)
|
(265)
|
|
Depreciation & Amortization |
(239)
|
(238)
|
(242)
|
(243)
|
(240)
|
(238)
|
(234)
|
(233)
|
(233)
|
(232)
|
(231)
|
(229)
|
(225)
|
|
Other Operating Expenses |
8
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 573)
|
(1 573)
|
(1 573)
|
0
|
|
Operating Income |
67
N/A
|
73
+9%
|
116
+58%
|
93
-20%
|
230
+148%
|
215
-6%
|
201
-7%
|
183
-9%
|
137
-25%
|
(1 471)
N/A
|
(1 477)
0%
|
(1 508)
-2%
|
75
N/A
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(234)
|
(219)
|
(197)
|
(182)
|
(139)
|
(99)
|
(92)
|
(82)
|
(83)
|
(134)
|
(141)
|
(161)
|
(161)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 577)
|
0
|
0
|
0
|
(4)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
|
Pre-Tax Income |
(167)
N/A
|
(146)
+13%
|
(82)
+44%
|
(89)
-9%
|
91
N/A
|
117
+28%
|
109
-6%
|
101
-8%
|
(1 523)
N/A
|
(1 605)
-5%
|
(1 618)
-1%
|
(1 669)
-3%
|
(89)
+95%
|
|
Net Income | ||||||||||||||
Tax Provision |
5
|
5
|
(15)
|
(20)
|
(34)
|
(41)
|
(36)
|
(29)
|
145
|
162
|
164
|
169
|
29
|
|
Income from Continuing Operations |
(162)
|
(141)
|
(97)
|
(109)
|
58
|
76
|
74
|
72
|
(1 377)
|
(1 443)
|
(1 454)
|
(1 500)
|
(60)
|
|
Income to Minority Interest |
(1)
|
(0)
|
(0)
|
(1)
|
(3)
|
(2)
|
(3)
|
(4)
|
(3)
|
(5)
|
(5)
|
(5)
|
(3)
|
|
Net Income (Common) |
(162)
N/A
|
(141)
+13%
|
(97)
+31%
|
(110)
-13%
|
55
N/A
|
74
+35%
|
71
-4%
|
69
-3%
|
(1 381)
N/A
|
(1 447)
-5%
|
(1 459)
-1%
|
(1 505)
-3%
|
(63)
+96%
|
|
EPS (Diluted) |
-0.51
N/A
|
-0.45
+12%
|
-0.31
+31%
|
-0.35
-13%
|
0.17
N/A
|
0.23
+35%
|
0.22
-4%
|
0.22
N/A
|
-4.33
N/A
|
-4.52
-4%
|
-4.5
+0%
|
-4.63
-3%
|
-0.2
+96%
|