INNOVATE Corp. (VATE)
NYSE: VATE · Real-Time Price · USD
4.940
-0.980 (-16.55%)
Nov 4, 2024, 4:00 PM EST - Market closed
INNOVATE Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Operating Revenue | 1,365 | 1,423 | 1,637 | 1,205 | 716.9 | 755.6 | Upgrade
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| Other Revenue | - | - | - | - | - | 321.4 | Upgrade
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| Revenue | 1,365 | 1,423 | 1,637 | 1,205 | 716.9 | 1,077 | Upgrade
|
| Revenue Growth (YoY) | -10.16% | -13.09% | 35.85% | 68.11% | -33.44% | -45.52% | Upgrade
|
| Cost of Revenue | 1,131 | 1,207 | 1,416 | 1,022 | 588.5 | 596 | Upgrade
|
| Gross Profit | 234 | 216 | 221.4 | 183.7 | 128.4 | 246.5 | Upgrade
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| Selling, General & Admin | 165.5 | 165.9 | 173.6 | 166.3 | 145.5 | 177.3 | Upgrade
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| Other Operating Expenses | -7.6 | 0.7 | - | -2.2 | -20 | -5.2 | Upgrade
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| Operating Expenses | 175 | 186.8 | 200.8 | 189.5 | 143.2 | 171.2 | Upgrade
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| Operating Income | 59 | 29.2 | 20.6 | -5.8 | -14.8 | 75.3 | Upgrade
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| Interest Expense | -70 | -68.2 | -52 | -59.1 | -74.8 | -76.1 | Upgrade
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| Earnings From Equity Investments | -7.4 | -9.4 | -1.3 | -2.8 | -3.4 | 1.6 | Upgrade
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| Other Non Operating Income (Expenses) | -1.1 | 16.7 | -1.2 | 4.3 | -2 | -1.5 | Upgrade
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| EBT Excluding Unusual Items | -19.5 | -31.7 | -33.9 | -63.4 | -95 | -0.7 | Upgrade
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| Merger & Restructuring Charges | -2.1 | -2.1 | -6.5 | -2 | - | - | Upgrade
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| Impairment of Goodwill | - | - | - | - | - | -47.3 | Upgrade
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| Gain (Loss) on Sale of Investments | - | - | - | - | 71.2 | 7.8 | Upgrade
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| Asset Writedown | -0.6 | -0.6 | -0.7 | -2.8 | -13.5 | -2.7 | Upgrade
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| Other Unusual Items | - | - | - | -12.5 | -9.4 | 1.1 | Upgrade
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| Pretax Income | -22.2 | -34.4 | -41.1 | -80.7 | -46.7 | -41.8 | Upgrade
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| Income Tax Expense | 3.2 | 4.5 | 0.9 | 5.6 | 7 | -19.6 | Upgrade
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| Earnings From Continuing Operations | -25.4 | -38.9 | -42 | -86.3 | -53.7 | -22.2 | Upgrade
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| Earnings From Discontinued Operations | - | - | - | -149.9 | -48.4 | -13.9 | Upgrade
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| Net Income to Company | -25.4 | -38.9 | -42 | -236.2 | -102.1 | -36.1 | Upgrade
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| Minority Interest in Earnings | 6.1 | 3.7 | 6.1 | 8.7 | 10.1 | 4.6 | Upgrade
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| Net Income | -19.3 | -35.2 | -35.9 | -227.5 | -92 | -31.5 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.5 | 2.4 | 4.9 | 2.2 | 2.8 | - | Upgrade
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| Net Income to Common | -19.8 | -37.6 | -40.8 | -229.7 | -94.8 | -31.5 | Upgrade
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| Shares Outstanding (Basic) | 8 | 8 | 8 | 8 | 5 | 4 | Upgrade
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| Shares Outstanding (Diluted) | 8 | 8 | 8 | 8 | 5 | 4 | Upgrade
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| Shares Change (YoY) | 4.45% | 0.77% | 0.52% | 53.28% | 12.28% | -4.27% | Upgrade
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| EPS (Basic) | -2.44 | -4.81 | -5.26 | -29.79 | -18.85 | -7.03 | Upgrade
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| EPS (Diluted) | -2.44 | -4.81 | -5.26 | -29.79 | -18.85 | -7.03 | Upgrade
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| Free Cash Flow | 64.5 | 8.1 | -30.2 | 2.9 | 23.3 | 86 | Upgrade
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| Free Cash Flow Per Share | 7.95 | 1.04 | -3.90 | 0.38 | 4.63 | 19.20 | Upgrade
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| Gross Margin | 17.15% | 15.18% | 13.52% | 15.24% | 17.91% | 22.89% | Upgrade
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| Operating Margin | 4.32% | 2.05% | 1.26% | -0.48% | -2.06% | 6.99% | Upgrade
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| Profit Margin | -1.45% | -2.64% | -2.49% | -19.06% | -13.22% | -2.92% | Upgrade
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| Free Cash Flow Margin | 4.73% | 0.57% | -1.84% | 0.24% | 3.25% | 7.99% | Upgrade
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| EBITDA | 91.8 | 65.2 | 62.8 | 31.8 | 12 | 83.5 | Upgrade
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| EBITDA Margin | 6.73% | 4.58% | 3.84% | 2.64% | 1.67% | 7.75% | Upgrade
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| D&A For EBITDA | 32.8 | 36 | 42.2 | 37.6 | 26.8 | 8.2 | Upgrade
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| EBIT | 59 | 29.2 | 20.6 | -5.8 | -14.8 | 75.3 | Upgrade
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| EBIT Margin | 4.32% | 2.05% | 1.26% | -0.48% | -2.06% | 6.99% | Upgrade
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| Revenue as Reported | - | - | - | - | - | 1,077 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.