INNOVATE Corp. (VATE)

NYSE: VATE · Real-Time Price · USD

6.40

-0.22 (-3.32%)

At close: May 01, 2025, 3:59 PM

6.20

-3.12%

After-hours: May 01, 2025, 06:00 PM EDT

INNOVATE Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	1.11B	1.42B	1.64B	1.21B	1.01B	1.81B	1.98B	1.63B	1.56B
Cost of Revenue	898.3M	1.21B	1.42B	1.02B	838.5M	1.53B	1.78B	1.42B	1.38B
Gross Profit	208.8M	216M	221.4M	183.7M	167.3M	279.3M	194.2M	212.36M	180.9M
Operating Income	-9M	29.2M	13.4M	-9.1M	77.7M	95.8M	-55.8M	-1.13M	-1.42M
Interest Income	n/a	n/a	52M	59.1M	74.8M	76.1M	n/a	n/a	n/a
Pretax Income	-33.4M	-34.4M	-41.1M	-80.7M	-27.8M	-37.1M	182.3M	-39.75M	-45.79M
Net Income	-35.8M	-37.6M	-40.8M	-79.8M	-46.4M	-17.6M	139M	-49.7M	-105.4M
Selling & General & Admin	160.2M	168M	180.1M	168.3M	181.1M	190.1M	218.4M	182.88M	152.89M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	n/a	n/a	27.9M	26M	-23.2M	1.2M	78.7M	-12.77M	-2.84M
Operating Expenses	160.2M	189.5M	208M	194.3M	157.9M	191.3M	250M	213.49M	177.38M
Interest Expense	-74.5M	68.2M	52M	59.1M	79.4M	79.5M	75.7M	55.1M	43.38M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-108.69M	-179K
Cost & Expenses	1.06B	1.4B	1.62B	1.22B	996.4M	1.72B	2.03B	1.64B	1.55B
Income Tax Expense	-6.3M	4.5M	900K	5.6M	10.5M	-20.3M	2.4M	10.74M	51.64M
Shares Outstanding (Basic)	59.96M	7.87M	7.75M	7.71M	5.03M	4.48M	4.79M	4.28M	3.72M
Shares Outstanding (Diluted)	59.96M	7.87M	7.75M	7.71M	5.03M	4.48M	4.68M	4.28M	3.73M
EPS (Basic)	-0.6	-4.78	-5.26	-10.35	-9.22	-3.93	29.00	-11.61	-28.3
EPS (Diluted)	-0.6	-4.78	-5.26	-10.35	-9.22	-3.93	29.70	-11.61	-28.26
EBITDA	-99M	69.8M	53.1M	16M	54.9M	65.8M	309.5M	51.92M	26.45M
EBIT	-107.9M	33.8M	10.9M	-21.6M	28.1M	34.3M	258M	15.3M	-2.4M
Depreciation & Amortization	17.6M	36M	42.2M	37.6M	26.8M	31.5M	51.5M	36.57M	28.86M