INNOVATE Corp. (VATE)
NYSE: VATE · IEX Real-Time Price · USD
0.652
+0.012 (1.88%)
Jul 26, 2024, 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.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | 2018 - 2013 |
|---|---|---|---|---|---|---|---|
| Operating Revenue | 1,420 | 1,423 | 1,637 | 1,205 | 716.9 | 755.6 | Upgrade
|
| Other Revenue | - | - | - | - | - | 321.4 | Upgrade
|
| Revenue | 1,420 | 1,423 | 1,637 | 1,205 | 716.9 | 1,077 | Upgrade
|
| Revenue Growth (YoY) | -7.92% | -13.09% | 35.85% | 68.11% | -33.44% | -45.52% | Upgrade
|
| Cost of Revenue | 1,199 | 1,207 | 1,416 | 1,022 | 588.5 | 596 | Upgrade
|
| Gross Profit | 221 | 216 | 221.4 | 183.7 | 128.4 | 246.5 | Upgrade
|
| Selling, General & Admin | 163.7 | 165.9 | 173.6 | 166.3 | 145.5 | 177.3 | Upgrade
|
| Depreciation & Amortization | 18.3 | 20.2 | 27.2 | 25.4 | 17.7 | -0.9 | Upgrade
|
| Other Operating Expenses | 3 | 0.7 | - | -2.2 | -20 | -5.2 | Upgrade
|
| Operating Expenses | 185 | 186.8 | 200.8 | 189.5 | 143.2 | 171.2 | Upgrade
|
| Operating Income | 36 | 29.2 | 20.6 | -5.8 | -14.8 | 75.3 | Upgrade
|
| Interest Expense | -69.8 | -68.2 | -52 | -59.1 | -74.8 | -76.1 | Upgrade
|
| Earnings From Equity Investments | -6.6 | -9.4 | -1.3 | -2.8 | -3.4 | 1.6 | Upgrade
|
| Other Non Operating Income (Expenses) | -1 | 16.7 | -1.2 | 4.3 | -2 | -1.5 | Upgrade
|
| EBT Excluding Unusual Items | -41.4 | -31.7 | -33.9 | -63.4 | -95 | -0.7 | Upgrade
|
| Merger & Restructuring Charges | -2.1 | -2.1 | -6.5 | -2 | - | - | Upgrade
|
| Impairment of Goodwill | - | - | - | - | - | -47.3 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | - | 71.2 | 7.8 | Upgrade
|
| Asset Writedown | -0.6 | -0.6 | -0.7 | -2.8 | -13.5 | -2.7 | Upgrade
|
| Other Unusual Items | - | - | - | -12.5 | -9.4 | 1.1 | Upgrade
|
| Pretax Income | -44.1 | -34.4 | -41.1 | -80.7 | -46.7 | -41.8 | Upgrade
|
| Income Tax Expense | 6.9 | 4.5 | 0.9 | 5.6 | 7 | -19.6 | Upgrade
|
| Earnings From Continuing Operations | -51 | -38.9 | -42 | -86.3 | -53.7 | -22.2 | Upgrade
|
| Earnings From Discontinued Operations | - | - | - | -149.9 | -48.4 | -13.9 | Upgrade
|
| Net Income to Company | -51 | -38.9 | -42 | -236.2 | -102.1 | -36.1 | Upgrade
|
| Minority Interest in Earnings | 7.4 | 3.7 | 6.1 | 8.7 | 10.1 | 4.6 | Upgrade
|
| Net Income | -43.6 | -35.2 | -35.9 | -227.5 | -92 | -31.5 | Upgrade
|
| Preferred Dividends & Other Adjustments | 1.5 | 2.4 | 4.9 | 2.2 | 2.8 | - | Upgrade
|
| Net Income to Common | -45.1 | -37.6 | -40.8 | -229.7 | -94.8 | -31.5 | Upgrade
|
| Shares Outstanding (Basic) | 78 | 78 | 78 | 77 | 50 | 45 | Upgrade
|
| Shares Outstanding (Diluted) | 78 | 78 | 78 | 77 | 50 | 45 | Upgrade
|
| Shares Change (YoY) | 0.97% | 0.77% | 0.52% | 53.28% | 12.28% | -4.27% | Upgrade
|
| EPS (Basic) | -0.58 | -0.48 | -0.53 | -2.98 | -1.88 | -0.70 | Upgrade
|
| EPS (Diluted) | -0.58 | -0.48 | -0.53 | -2.98 | -1.88 | -0.70 | Upgrade
|
| Free Cash Flow | 57.8 | 8.1 | -30.2 | 2.9 | 23.3 | 86 | Upgrade
|
| Free Cash Flow Per Share | 0.74 | 0.10 | -0.39 | 0.04 | 0.46 | 1.92 | Upgrade
|
| Gross Margin | 15.56% | 15.18% | 13.52% | 15.24% | 17.91% | 22.89% | Upgrade
|
| Operating Margin | 2.53% | 2.05% | 1.26% | -0.48% | -2.06% | 6.99% | Upgrade
|
| Profit Margin | -3.07% | -2.47% | -2.19% | -18.88% | -12.83% | -2.92% | Upgrade
|
| Free Cash Flow Margin | 4.07% | 0.57% | -1.84% | 0.24% | 3.25% | 7.99% | Upgrade
|
| EBITDA | 70.2 | 65.2 | 62.8 | 31.8 | 12 | 83.5 | Upgrade
|
| EBITDA Margin | 4.94% | 4.58% | 3.84% | 2.64% | 1.67% | 7.75% | Upgrade
|
| D&A For EBITDA | 34.2 | 36 | 42.2 | 37.6 | 26.8 | 8.2 | Upgrade
|
| EBIT | 36 | 29.2 | 20.6 | -5.8 | -14.8 | 75.3 | Upgrade
|
| EBIT Margin | 2.53% | 2.05% | 1.26% | -0.48% | -2.06% | 6.99% | Upgrade
|
| Revenue as Reported | - | - | - | - | - | 1,077 | Upgrade
|
Source: S&P Capital IQ. Standard template.