Aveanna Healthcare Holdings, Inc. AVAH
Aveanna is a Delaware corporation and was incorporated on November 30, 2016, originally under the name BCPE Oasis Holdings Inc. Aveanna commenced operations in March 2017 in connection with the transformative merger of Epic Health Services Inc. and Pediatric Services of America, Inc. in March 2017 under the name BCPE Eagle Holdings Inc. On May 26, 2017, we changed our name to Aveanna Healthcare Holdings Inc. and commenced trading on the Nasdaq Stock Market on April 29, 2021. Our principal executive offices are located at 400 Interstate North Parkway SE, Suite 1600, Atlanta, Georgia and our phone number is (770) 441-1580. We maintain a website at www.aveanna.com. Information contained on, or accessible through, our website is not a part of and is not incorporated by reference into this Annual Report on Form 10-K.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.43B | $2.02B | $1.90B | $1.79B | $1.68B | $1.50B | $1.38B | — |
| Gross profit | $810.5M | $635.5M | $595.4M | $553.2M | $542.4M | $454.5M | $419.3M | — |
| SG&A | $374.5M | $352.8M | $361.0M | $357.2M | $297.4M | $240.9M | $227.8M | — |
| Operating income | $256.5M | $139.8M | $8.1M | -$642.3M | -$36.1M | -$3.5M | $39.0M | — |
| Interest expense | $140.1M | $156.6M | $153.2M | $107.7M | $68.9M | $83.0M | $92.3M | — |
| Pre-tax income | $106.9M | $5.1M | -$139.0M | -$663.8M | -$113.6M | -$51.7M | -$75.0M | — |
| Income tax | $118.1M | $16.0M | $4.5M | $1.8M | $3.5M | $5.3M | $1.5M | — |
| Net income | $225.0K | -$10.9K | -$134.5K | -$662.0M | -$117.0M | -$57.0M | -$76.5M | — |
| EPS, basic | 1.11 | -0.06 | -0.71 | -3.57 | -0.69 | — | — | — |
| EPS, diluted | 1.05 | -0.06 | -0.71 | -3.57 | -0.69 | -0.40 | -0.56 | — |
| Shares, diluted (wtd. avg.) | $215.0M | $192.9M | $190.0M | $185.6M | $170.6K | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $193.3M | $84.3M | $43.9M | $19.2M | $30.5M | $137.3M | — | — |
| Receivables | $313.4M | $265.2M | $236.6M | $221.2M | $218.9M | $172.9M | — | — |
| Total current assets | $560.2M | $392.7M | $314.9M | $269.8M | $279.2M | $340.6M | — | — |
| Property, plant and equipment | $16.7M | $17.4M | $20.5M | $22.8M | $31.4M | $32.6M | — | — |
| Goodwill | $1.12B | $1.05B | $1.05B | $1.16B | $1.84B | $1.32B | $1.23B | $1.23B |
| Other intangibles | $92.6M | $89.6M | $94.0M | $95.9M | $102.9M | $73.6M | — | — |
| Total assets | $2.01B | $1.66B | $1.61B | $1.71B | $2.33B | $1.84B | — | — |
| Short-term debt | $13.2M | $9.2M | $9.2M | $9.2M | $8.6M | $9.9M | — | — |
| Total current liabilities | $424.5M | $402.2M | $354.8M | $326.5M | $344.8M | $260.4M | — | — |
| Long-term debt | $1.29B | $1.27B | $1.28B | $1.28B | $1.23B | $1.16B | — | — |
| Total liabilities | $1.82B | $1.79B | $1.74B | $1.72B | $1.70B | $1.58B | — | — |
| Retained earnings | -$1.16B | -$1.38B | -$1.37B | -$1.24B | -$574.7M | -$457.6M | — | — |
| Total equity | $194.5M | -$123.6M | -$129.6M | -$6.3M | $635.8M | $265.0M | $270.2M | $345.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $125.9M | $32.6M | $22.7M | -$48.4M | -$11.3M | $116.6M | -$8.7M | — |
| Depreciation and amortisation | $9.8M | $9.6M | $11.8M | $15.2M | $15.3M | $13.0M | $10.1M | — |
| Stock-based compensation | $25.1M | $17.5M | $13.2M | $15.9M | $14.4M | $3.3M | $1.9M | — |
| Capital expenditure | — | — | — | — | $15.9M | $15.2M | $16.6M | — |
| Investing cash flow | -$22.3M | -$6.3M | -$8.8M | -$25.3M | -$681.8M | -$193.5M | -$17.8M | — |
| Financing cash flow | $5.4M | $14.0M | $10.8M | $62.4M | $586.3M | $210.9M | $21.9M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-161632.
Others in SIC 8082
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BTSG | BrightSpring Health Services, Inc. | $12.02B | 69.8x | 28.2% |
| CHE | CHEMED CORP | $6.79B | 28.3x | 4.1% |
| OPCH | Option Care Health, Inc. | $3.80B | 19.1x | 13.0% |
| ADUS | Addus HomeCare Corp | $2.22B | 22.8x | 23.2% |
| AHCO | AdaptHealth Corp. | $884.9M | — | -0.5% |