Advantage Solutions(US:ADV)2025-05-12 11:15Q1 2025 Performance - Revenues net of pass-through costs decreased by 5% year-over-year to $696 million[17] - Adjusted EBITDA decreased by 18% year-over-year to $58 million[17] - Adjusted Unlevered Free Cash Flow was $(7) million[17] - Net Leverage Ratio was 44x[17] Segment Performance - Branded Services revenues decreased by 9% year-over-year[49] Adjusted EBITDA decreased by 19% year-over-year[49] - Experiential Services revenues increased by 2% year-over-year[53] Adjusted EBITDA decreased by 28% year-over-year[53] - Retailer Services revenues decreased by 3% year-over-year to $2179 million[57] Adjusted EBITDA decreased by 7% year-over-year[58] 2025 Guidance - Revenues are expected to range from down low single digits to flat compared to the prior year[43] - Adjusted EBITDA is expected to range from down low single digits to flat compared to the prior year[43] - Adjusted UFCF Conversion is expected to be >50% of Adjusted EBITDA[68] Financial Position - Total Net Debt was $1577 billion as of March 31 2025[61]