For the quarter ending 2026-03-31, FA had -$14,065K decrease in cash & cash equivalents over the period. $46,619K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total adjusted ebitda | -219,271 | - | 324,558 | - |
| Interest expense, net | 101,565 | - | -131,406 | - |
| Benefit for income taxes | 7,314 | - | -6,177 | - |
| Loss on extinguishment of debt | -374 | - | -407 | - |
| Depreciation and amortization | 62,190 | - | 62,274 | - |
| Shares based compensation | -15,000 | - | 19,430 | - |
| Transaction and acquisition-related charges | -7,406 | - | 7,971 | - |
| Integration, restructuring, and other charges | -19,132 | - | 23,714 | - |
| Net income (loss) | 2,168 | 3,469 | 2,593 | -40,886 |
| Depreciation and amortization | 62,190 | 62,737 | 62,274 | 123,572 |
| Loss on extinguishment of debt | -374 | -391 | -407 | -254 |
| Amortization of deferred financing costs | 1,520 | 1,538 | 1,568 | 3,205 |
| Bad debt expense (recovery) | 572 | 706 | 1,494 | -1,495 |
| Deferred taxes | -9,227 | -2,669 | -1,377 | -26,965 |
| Share-based compensation | 4,430 | 5,026 | 5,721 | 13,709 |
| Loss on foreign currency exchange rates | - | 0 | - | - |
| Loss on disposal and impairment of long-lived assets | -6,631 | -435 | -1,193 | -527 |
| Change in fair value of interest rate swaps | 4,945 | 765 | 812 | -6,419 |
| Accounts receivable | -8,339 | 6,549 | 10,090 | 13,033 |
| Prepaid expenses and other assets | 5,502 | -5,215 | -5,303 | -1,878 |
| Accounts payable | -1,857 | -20,028 | 16,057 | -12,049 |
| Accrued compensation and accrued liabilities | -19,892 | 11,598 | -7,803 | 2,585 |
| Deferred revenues | 201 | 96 | 138 | 501 |
| Operating lease liabilities | 87 | 97 | 23 | -155 |
| Other liabilities | -1,183 | 28 | -985 | -308 |
| Income taxes receivable and payable, net | 5,525 | 4,616 | -3,335 | -943 |
| Net cash provided by operating activities | 49,431 | 65,941 | 72,369 | 56,816 |
| Capitalized software development costs | 13,204 | 13,083 | 12,356 | 22,180 |
| Purchases of property and equipment | 2,812 | 3,786 | 1,129 | 1,718 |
| Acquisitions of businesses, net of cash acquired | - | 0 | - | - |
| Other investing activities | -2,000 | -35 | -5 | -82 |
| Net cash used in investing activities | -14,016 | -16,834 | -13,480 | -23,816 |
| Repayments of first lien credit facility | 25,000 | - | - | - |
| Repayments of amended first lien credit facility | - | - | 25,000 | 20,462 |
| Repayments of first lien credit facility-First Lien Credit Facility | - | 70,463 | - | - |
| Share repurchases | 19,492 | 0 | - | - |
| Borrowings from first lien credit facility-Successor First Lien | - | 0 | - | - |
| Proceeds from issuance of common stock under share-based compensation plans | 1,152 | 60 | 1,472 | 2,219 |
| Payments of debt issuance costs | - | 0 | - | - |
| Payments on deferred purchase agreements | - | 0 | 0 | 0 |
| Net settlement of share-based compensation plan awards | -911 | -767 | -384 | -2,761 |
| Cash dividends paid | 10 | 22 | 8 | 103 |
| Payments on finance lease obligations | 0 | 0 | 0 | - |
| Net cash used in financing activities | -44,261 | -25,730 | -23,920 | -21,107 |
| Effect of exchange rate on cash, cash equivalents, and restricted cash | -5,219 | -225 | -2,382 | 2,969 |
| (decrease) increase in cash, cash equivalents, and restricted cash | -14,065 | 23,152 | 32,587 | 14,862 |
| Cash, cash equivalents, and restricted cash at beginning of period | 240,084 | 216,932 | 169,483 | - |
| Cash, cash equivalents, and restricted cash at end of period | 226,019 | 240,084 | 216,932 | - |
FIRST ADVANTAGE CORP (FA)
FIRST ADVANTAGE CORP (FA)