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Advantage Solutions (Advantage Solutions) Net Income : $-21 Mil (TTM As of Mar. 2024)


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What is Advantage Solutions Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Advantage Solutions's Net Income for the three months ended in Mar. 2024 was $-5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-21 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Advantage Solutions's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.02.


Advantage Solutions Net Income Historical Data

The historical data trend for Advantage Solutions's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Advantage Solutions Net Income Chart

Advantage Solutions Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial -21.17 -175.81 54.49 -1,380.50 -63.26

Advantage Solutions Quarterly Data
Mar17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.59 -8.76 -24.34 17.43 -5.31

Advantage Solutions Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Advantage Solutions's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-89.326+29.008+0+-2.94
=-63

Advantage Solutions's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-62.81+13.703+45.992+-2.192
=-5

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Advantage Solutions  (NAS:ADV) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Advantage Solutions's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Advantage Solutions Net Income Related Terms

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Advantage Solutions (Advantage Solutions) Business Description

Traded in Other Exchanges
Address
15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618
Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.
Executives
James M Kilts director 120 PARK AVE, NEW YORK NY 10017
Brian K. Ratzan director 3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Christopher Growe officer: Chief Financial Officer C/O ADVANTAGE SOLUTIONS INC., 15310 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
David A Peacock director, officer: Chief Executive Officer 190 CARONDELET PLAZA, CLAYTON MO 63105
Adam Levyn director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Jody L Macedonio director 2711 N HASKELL AVENUE, STE 3400, DALLAS TX 75204
Christopher J Baldwin director THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Deborah Poole director ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
Adam Nebesar director 200 CLARENDON STREET, BOSTON MA 02116
Tanya L Domier director, officer: Chief Executive Officer C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Jill L Griffin officer: President & CCO C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Dean Kaye officer: CFO - North America ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Brian Stevens officer: CFO & COO C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
David J West director 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Robin Manherz director ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618