First Advantage Corp

First Advantage Corp. provides technology solutions for screening, verifications, safety, and compliance related to human capital. Its product suite includes Criminal Background Checks, Drug & Health Screening, Extended Workforce Screening, Biometrics & Identity, Education & Work Verifications, Resident Screening, Fleet & Driver Compliance, Executive Screening, Data Analytics, Continuous Monitoring, Social Media Monitoring, and Hiring Tax Incentives. The company was founded in 2013 and is headquartered in Atlanta, GA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Advantage Corp achieves record Q4 results, eyes growth opportunities

First Advantage Corp (FA) reported record revenue and profitability in Q4 2022, with a focus on enterprise clients and technology differentiation. While facing challenges in M&A valuations and sector gaps, FA sees opportunities in growth strategies and margin improvement.

First Advantage Corp reports solid Q1 earnings and focuses on customer service amidst industry challenges

First Advantage Corp's Q1 performance was strong, with revenues slightly exceeding expectations and a focus on customer service despite industry challenges. The company's balance sheet is robust, and its sustainability efforts are driving shareholder value. Opportunities lie in expanding customer base, leveraging risk mitigation trends, and investing in technology for future growth.

First Advantage Corp reports Q2 results, eyes growth amid challenges

First Advantage Corp (FA) navigated challenges in Q2 2023 with revenues meeting expectations, a special dividend declaration, and a focus on strategic growth initiatives.
Despite macroeconomic uncertainties impacting revenues and international operations, FA maintains a strong balance sheet and pursues opportunities for expansion and profitability.
The company's proactive approach to AI investments, capital allocation, and maintaining margins underscores its resilience and readiness to capitalize on future growth prospects.

First Advantage Corp reports resilient Q3 performance and eyes international growth

First Advantage Corp delivered strong financial performance in Q3, with revenue and EBITDA outperforming expectations.
The company's strategic investments in AI technology and digital identity solutions position it well for future growth.
Challenges in international markets require focused efforts on margin improvement and revenue growth strategies.
Opportunities lie in positive base revenue growth outlook for 2024 and potential market rebounds in APAC and India.

First Advantage Corp to Acquire Sterling Check Corp for $2.2B, Driving Growth and Innovation

First Advantage Corp's acquisition of Sterling Check Corp aims to drive growth, innovation, and cost synergies in the background screening industry.
The focus post-acquisition will be on integration, customer satisfaction, and leveraging AI to enhance operational efficiency.
Stable pricing trends, international market stabilization, and strategic financial management are critical success factors post-merger.
The combined entity is poised to capitalize on market opportunities and deliver value through product innovation and improved customer experiences.

First Advantage Corp reports Q1 results, eyes Sterling acquisition synergies

First Advantage Corp (FA) showcased solid performance in key sectors and progress on strategic initiatives in Q1 2024.
Preparations for the Sterling acquisition are advancing well, with expectations of significant synergies and revenue growth post-closing.
While facing revenue challenges and integration complexities, the company remains optimistic about achieving growth and operational improvements in the future.

First Advantage Corp doubles in size with Sterling acquisition, poised for growth

First Advantage Corp's Q3 2024 earnings call highlighted stable performance, successful acquisition of Sterling, and progress towards cost synergies. The company's focus on innovation, customer value, and operational efficiency sets a strong foundation for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

First Advantage Corp. provides technology solutions for screening, verifications, safety, and compliance related to human capital. Its product suite includes Criminal Background Checks, Drug & Health Screening, Extended Workforce Screening, Biometrics & Identity, Education & Work Verifications, Resident Screening, Fleet & Driver Compliance, Executive Screening, Data Analytics, Continuous Monitoring, Social Media Monitoring, and Hiring Tax Incentives. The company was founded in 2003 and is headquartered in Atlanta, GA.

RBC Capital analyst Ashish Sabadra raised the price target on First Advantage Corp (NASDAQ:FA) from $22 to $26, implying a 6.51% upside, and maintained an Outperform rating. The analyst is optimistic about the "market leadership built on outstanding customer experience," evidenced by First Advantage's gross retention rate of about 95% over the past three years.

Fist Advantage Rallies After RBC Capital Raises Price Target Following Q2 Earnings

First Advantage Corp (NASDAQ: FA) reported second-quarter revenue growth of 66.5% year-over-year to $174.8 million, beats the consensus of $152.9 million. Revenue growth was attributable to increasing momentum within the existing customer base, significant new customer growth, and U.K. screening business acquisition contribution.

Why Did First Advantage Stock Soar 14% Today?

Global Transformation Efforts Resulted in Constellation Research Award for 2022 Global Transformation Efforts Resulted in Constellation Research Award for 2022

First Advantage CXO Joelle Smith Recognized as Business Transformation Leader

ATLANTA, July 29, 2021 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, will issue its second-quarter financial results at approximately 7:00 a.m. ET on Thursday, August 12, 2021. At 8:30 a.m. ET on the same day, the Company will also hold a conference call to discuss results.

First Advantage To Release Second Quarter Financial Results And Hold Investor Conference Call On August 12

First Advantage Corp (NASDAQ:FA) is a global leader in “attractive and growing” markets, has a robust business model and has been gaining market share, according to BofA Securities. The First Advantage Analyst: Gary Bisbee initiated coverage on First Advantage with a Buy rating and a price target of $23.

BofA Initiates First Advantage At Buy On Growth Prospects

ATLANTA, June 25, 2021 (GLOBE NEWSWIRE) -- First Advantage Corporation (“First Advantage”), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the closing of its upsized initial public offering of 29,325,000 shares of its common stock at a price to the public of $15.00 per share, including the full exercise by the underwriters of their option to purchase up to 3,825,000 additional shares of common stock. Of the sold shares, 22,856,250 shares were sold by First Advantage, and 6,468,750 shares were sold by certain existing stockholders of First Advantage. The offering was upsized 20% from the number of offered shares at launch and priced at the top of the price range indicated at launch.

First Advantage Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

First Advantage is a human capital compliance service provider. The company is doing quite well and is very profitable, and was awarded an attractive valuation at the offer price.

First Advantage: Secure Gain

ATLANTA, June 22, 2021 (GLOBE NEWSWIRE) -- First Advantage Corporation (“First Advantage”), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the pricing of its upsized initial public offering of 25,500,000 shares of common stock at a price to the public of $15.00 per share. Of the offered shares, 19,875,000 shares are being sold by First Advantage, and 5,625,000 shares are being sold by certain existing stockholders of First Advantage. First Advantage and the selling stockholders granted the underwriters in the offering a 30-day option to purchase up to an additional 3,825,000 shares of common stock, of which up to 2,981,250 shares would be sold by First Advantage and up to 843,750 shares would be sold by certain existing stockholders of First Advantage.

First Advantage Announces Pricing of Upsized Initial Public Offering

News for First Advantage Corp Stock (FA)