INNOVATE Corp. (VATE)
NYSE: VATE · Real-Time Price · USD
4.100
-0.090 (-2.15%)
Oct 9, 2025, 4:00 PM EDT - 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2006 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2006 - 2019 |
| 995 | 1,107 | 1,423 | 1,637 | 1,205 | 716.9 | Upgrade | |
Revenue Growth (YoY) | -27.08% | -22.20% | -13.09% | 35.85% | 68.11% | -65.88% | Upgrade |
Cost of Revenue | 809.3 | 898.3 | 1,207 | 1,416 | 1,022 | 588.5 | Upgrade |
Gross Profit | 185.7 | 208.8 | 216 | 221.4 | 183.7 | 128.4 | Upgrade |
Selling, General & Admin | 150.7 | 160.2 | 168 | 180.1 | 168.3 | 145.5 | Upgrade |
Depreciation & Amortization Expenses | 17.6 | 17.6 | 20.2 | 27.2 | 25.4 | 17.7 | Upgrade |
Other Operating Expenses | 0.7 | -9 | 1.3 | 0.7 | 0.6 | -6.5 | Upgrade |
Total Operating Expenses | 169 | 168.8 | 189.5 | 208 | 194.3 | 156.7 | Upgrade |
Operating Income | 16.7 | 40 | 26.5 | 13.4 | -10.6 | -28.3 | Upgrade |
Interest Income | - | -2.3 | -9.4 | -1.3 | -2.8 | -3.4 | Upgrade |
Interest Expense | -82.4 | -74.5 | -68.2 | -52 | -59.1 | -74.8 | Upgrade |
Other Non-Operating Income (Expense) | 8.1 | 3.4 | 16.7 | -1.2 | -8.2 | 59.8 | Upgrade |
Total Non-Operating Income (Expense) | -74.3 | -73.4 | -60.9 | -54.5 | -70.1 | -18.4 | Upgrade |
Pretax Income | -57.6 | -33.4 | -34.4 | -41.1 | -80.7 | -46.7 | Upgrade |
Provision for Income Taxes | 16.8 | 6.3 | 4.5 | 0.9 | 5.6 | 7 | Upgrade |
Net Income | -154.9 | -70.4 | -72.8 | -76.7 | -457.2 | -187.6 | Upgrade |
Minority Interest in Earnings | 4.4 | 5.1 | 3.7 | 6.1 | 8.7 | 10.1 | Upgrade |
Net Income Attributable to Preferred Dividends | 3.1 | 1.2 | 2.4 | 4.9 | 2.2 | 3.6 | Upgrade |
Earnings From Discontinued Operations | - | - | - | - | -149.9 | -48.4 | Upgrade |
Net Income to Common | -154.9 | -70.4 | -72.8 | -76.7 | -457.2 | -187.6 | Upgrade |
Shares Outstanding (Basic) | 13 | 11 | 8 | 8 | 8 | 5 | Upgrade |
Shares Outstanding (Diluted) | 13 | 11 | 8 | 8 | 8 | 5 | Upgrade |
Shares Change (YoY) | 36.46% | 40.74% | 2.06% | 0.52% | 53.28% | 12.28% | Upgrade |
EPS (Basic) | -6.13 | -3.08 | -4.81 | -5.30 | -10.50 | -18.80 | Upgrade |
EPS (Diluted) | -6.13 | -3.08 | -4.81 | -5.30 | -10.50 | -18.80 | Upgrade |
Free Cash Flow | 18.2 | -9.9 | 8.1 | -30.2 | 2.9 | 23.3 | Upgrade |
Free Cash Flow Growth | - | - | - | - | -87.55% | -66.28% | Upgrade |
Free Cash Flow Per Share | 1.39 | -0.89 | 1.02 | -3.90 | 0.38 | 4.63 | Upgrade |
Gross Margin | 18.66% | 18.86% | 15.18% | 13.52% | 15.24% | 17.91% | Upgrade |
Operating Margin | 1.68% | 3.61% | 1.86% | 0.82% | -0.88% | -3.95% | Upgrade |
Profit Margin | -7.48% | -3.59% | -2.73% | -2.57% | -7.16% | -7.49% | Upgrade |
FCF Margin | 1.83% | -0.89% | 0.57% | -1.84% | 0.24% | 3.25% | Upgrade |
EBITDA | 48.2 | 72.9 | 62.5 | 55.6 | 27 | -1.5 | Upgrade |
EBITDA Margin | 4.84% | 6.58% | 4.39% | 3.40% | 2.24% | -0.21% | Upgrade |
EBIT | 16.7 | 40 | 26.5 | 13.4 | -10.6 | -28.3 | Upgrade |
EBIT Margin | 1.68% | 3.61% | 1.86% | 0.82% | -0.88% | -3.95% | Upgrade |
Effective Tax Rate | -29.17% | -18.86% | -13.08% | -2.19% | -6.94% | -14.99% | Upgrade |
Updated Aug 5, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.