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Dec 31, 2024

Advantage Solutions Q4 2024 Earnings Report

Advantage Solutions reported a decline in revenue but achieved growth in adjusted EBITDA for Q4 2024.

Key Takeaways

Advantage Solutions reported Q4 2024 revenue of $892.3 million, a 10% year-over-year decline. However, adjusted EBITDA increased by 8.9% to $94.6 million, reflecting strong execution and cost discipline. The company posted a net loss of $177.9 million, significantly wider than the $2.7 million net loss in Q4 2023. Management remains focused on transformation initiatives and expects revenue and adjusted EBITDA growth in 2025.

Q4 2024 revenue was $892.3 million, down 10% year-over-year.

Adjusted EBITDA increased 8.9% to $94.6 million due to cost discipline.

Net loss widened to $177.9 million from $2.7 million in Q4 2023.

Company expects revenue and adjusted EBITDA growth in 2025.

Total Revenue
$892M
Previous year: $1.08B
-17.4%
EPS
$0.01
Previous year: $0.05
-80.0%
Adjusted EBITDA
$94.6M
Gross Profit
$79.8M
Previous year: $109M
-27.1%
Cash and Equivalents
$221M
Previous year: $126M
+74.5%
Free Cash Flow
$3.67M
Previous year: $41.7M
-91.2%
Total Assets
$3.11B
Previous year: $3.78B
-17.8%

Advantage Solutions

Advantage Solutions

Forward Guidance

Advantage Solutions expects revenue and adjusted EBITDA growth in 2025, driven by transformation initiatives and operational efficiencies.

Positive Outlook

  • Expected revenue growth in 2025.
  • Adjusted EBITDA expected to improve further.
  • Continued focus on operational efficiencies.
  • Strong cost discipline to support margin expansion.
  • Management remains committed to long-term strategic initiatives.

Challenges Ahead

  • Revenue decline in Q4 2024 highlights ongoing demand challenges.
  • Net loss widened significantly year-over-year.
  • Macroeconomic uncertainties may impact future growth.
  • Potential cost pressures could affect profitability.
  • Ongoing transformation efforts may take time to yield full benefits.