first advantage delivers comprehensive background check solutions and insights that enable employers and housing providers to make confident choices, reduce risk, and maintain compliance. with offices in 26 locations and a staff of 4,000+ employees, first advantage leverages leading technology and the industry’s largest global capabilities to complete background checks in 200+ countries and territories. if you’re looking for employee or tenant background check solutions that enable fast and reliable decision making, we’re your first advantage. for more detailed information on first advantage products and services, visit fadv.com.
Company profile
Ticker
FA
Exchange
Website
CEO
Mark Parise
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Corporate Screening Services LLC • FADV (Australia) PTY Limited • FADV B.V. • FADV European Data Center B.V. • FADV Malaysia Sdn. Bhd • Fastball Parent, Inc. • First Advantage (Beijing) Co. Ltd • First Advantage (HK) Limited • First Advantage (Zhuhai) Co. Limited • First Advantage Acquisitions, Inc. ...
IRS number
611437565
FA stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
First Advantage Reports First Quarter 2024 Results
9 May 24
S-4
Registration of securities issued in business combination transactions
29 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
8-K
Entry into a Material Definitive Agreement
1 Mar 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
Transcripts
FA
Earnings call transcript
2024 Q1
9 May 24
FA
Earnings call transcript
2023 Q4
29 Feb 24
FA
Earnings call transcript
2023 Q3
9 Nov 23
FA
Earnings call transcript
2023 Q2
9 Aug 23
FA
Earnings call transcript
2023 Q2
9 Aug 23
FA
Earnings call transcript
2023 Q1
10 May 23
FA
Earnings call transcript
2022 Q4
28 Feb 23
FA
Earnings call transcript
2022 Q3
8 Nov 22
FA
Earnings call transcript
2022 Q2
7 Aug 22
FA
Earnings call transcript
2022 Q1
13 May 22
Latest ownership filings
4
Joseph K. Jaeger
15 May 24
144
Notice of proposed sale of securities
14 May 24
4
Joelle M Smith
14 May 24
4
Bret T Jardine
14 May 24
144
Notice of proposed sale of securities
13 May 24
4
Steven Irwin Marks
6 Mar 24
4
Bret T Jardine
6 Mar 24
4
Steven Irwin Marks
1 Mar 24
4
Joseph K. Jaeger
14 Feb 24
144
Notice of proposed sale of securities
12 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 165.01 mm | 165.01 mm | 165.01 mm | 165.01 mm | 165.01 mm | 165.01 mm |
Cash burn (monthly) | 78.06 mm | 18.78 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 595.19 mm | 143.22 mm | n/a | n/a | n/a | n/a |
Cash remaining | -430.18 mm | 21.79 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -5.5 | 1.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
62.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 10 |
Opened positions | 2 |
Closed positions | 93 |
Increased positions | 2 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 10.72 bn |
Total shares | 90.48 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Slta V (GP), L.L.C. | 89.88 mm | $1.71 bn |
Leith Wheeler Investment Counsel | 483.92 k | $8.02 bn |
Olstein Capital Management | 57.00 k | $944.00 k |
Mirae Asset Global Investments | 25.20 k | $417.63 mm |
Nisa Investment Advisors | 19.93 k | $330.31 mm |
Arizona State Retirement System | 14.21 k | $235.39 mm |
Arlington Trust | 92.00 | $1.52 mm |
Thrivent Trust Co of Tennessee | 63.00 | $1.00 k |
SJS Investment Consulting | 30.00 | $498.00 k |
AdvisorNet Financial | 20.00 | $331.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 May 24 | Joseph K. Jaeger | Common Stock | Sell | Dispose S | No | Yes | 16.1009 | 2,669 | 42.97 k | 686,298 |
13 May 24 | Joseph K. Jaeger | Common Stock | Sell | Dispose S | No | Yes | 16.0822 | 7,331 | 117.90 k | 688,967 |
11 May 24 | Bret T Jardine | Common Stock | Payment of exercise | Dispose F | No | No | 15.99 | 290 | 4.64 k | 5,390 |
11 May 24 | Bret T Jardine | Common Stock | Option exercise | Acquire M | No | No | 0 | 975 | 0.00 | 5,680 |
11 May 24 | Bret T Jardine | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 975 | 0.00 | 2,928 |
11 May 24 | Joelle M Smith | Common Stock | Payment of exercise | Dispose F | No | No | 15.99 | 6,847 | 109.48 k | 42,727 |
11 May 24 | Joelle M Smith | Common Stock | Option exercise | Acquire M | No | No | 0 | 24,905 | 0.00 | 49,574 |
11 May 24 | Joelle M Smith | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 24,905 | 0.00 | 49,810 |
28 Feb 24 | Steven Irwin Marks | Common Stock | Payment of exercise | Dispose F | No | No | 16.84 | 882 | 14.85 k | 14,558 |
28 Feb 24 | Steven Irwin Marks | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,363 | 0.00 | 15,440 |
News
Needham Reiterates Hold on First Advantage
13 May 24
First Advantage Reaffirms 2024 Guidance: Revenues Of $750M-$800M Vs. $779.932M Consensus, Sees Adjusted EPS $0.88-$0.98 Vs. $0.95 Consensus
9 May 24
First Advantage Q1 2024 Adj EPS $0.17, Inline, Sales $169.416M Miss $169.982M Estimate
9 May 24
William Blair Initiates Coverage On First Advantage with Outperform Rating
23 Apr 24
Evercore ISI Group Maintains Outperform on First Advantage, Raises Price Target to $18
26 Mar 24
Press releases
First Advantage Reports First Quarter 2024 Results
9 May 24
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of First Advantage Corporation - FA
1 May 24
First Advantage Releases 2024 Global Trends Report
23 Apr 24
First Advantage Introduces Next-Gen RightID™ to Detect Job Applicant Fraud in Pre-Hire Process
11 Mar 24
SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Sterling Check; Are Shareholders Getting a Fair Deal?
29 Feb 24