INNOVATE Corp. (VATE)

INNOVATE Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	35.5	48.8	80.8	80.4	45.5	43.8
Cash & Short-Term Investments	35.5	48.8	80.8	80.4	45.5	43.8
Cash Growth	-30.39%	-39.60%	0.50%	76.70%	3.88%	-77.39%
Accounts Receivable	265.6	194	278.4	254.9	247.1	134.7
Inventory	18.1	20.8	22.4	18.9	17	9.9
Other Current Assets	101.4	127.3	136.3	182.2	133	6,039
Total Current Assets	420.6	390.9	517.9	536.4	442.6	6,227
Net Property, Plant & Equipment	134.4	133.6	154.6	165	169.9	112.8
Other Intangible Assets	167	172.4	178.9	190.1	208.4	172.1
Goodwill	126.9	126.7	127.1	127.1	127.4	111
Long-Term Investments	1.8	3.6	1.8	59.5	56	55.4
Other Long-Term Assets	62.5	63.9	63.3	73.6	76.3	45.2
Total Assets	913.2	891.1	1,044	1,152	1,081	6,724
Accounts Payable	99.9	84.8	142.9	202.5	179.2	69.7
Accrued Expenses	110.1	109.7	70.8	65.4	93.4	77.1
Current Portion of Long-Term Debt	571.8	162.2	30.5	30.6	69.5	433.6
Unearned Revenue	175.5	109.1	153.5	98.6	79.1	33.2
Other Current Liabilities	17	17.2	16.1	20.1	18.3	5,320
Total Current Liabilities	974.3	483	413.8	417.2	439.5	5,933
Long-Term Debt	97.3	500.6	679.3	683.8	556.8	127.9
Other Long-Term Liabilities	49.3	51.2	86.8	80.3	72.4	46.8
Total Long-Term Liabilities	146.6	551.8	766.1	764.1	629.2	174.7
Total Liabilities	1,121	1,035	1,180	1,181	1,069	6,108
Preferred Stock	9.1	16.1	16.4	17.6	18.8	10.4
Common Stock	-	-	-	0.1	0.1	0.1
Treasury Stock	-5.6	-5.4	-5.4	-5.3	-5.2	-4.2
Additional Paid-in Capital	349.8	350.1	328.3	330.1	330.6	355.7
Accumulated Other Comprehensive Income	-2.4	-3.2	-1.1	5.9	6.4	396.9
Retained Earnings	-575.1	-521.9	-487.3	-452.1	-416.2	-188.7
Total Common Shareholders' Equity	-224.2	-164.3	-149.1	-103.7	-65.5	570.2
Minority Interest	16.5	20.6	12.8	74.1	77.4	45.7
Shareholders' Equity	-207.7	-143.7	-136.3	-29.6	11.9	615.9
Total Liabilities & Equity	913.2	891.1	1,044	1,152	1,081	6,724
Total Debt	669.1	662.8	709.8	714.4	626.3	561.5
Net Cash (Debt)	-633.6	-614	-629	-634	-580.8	-517.7
Net Cash Per Share	-48.03	-55.16	-79.53	-81.81	-75.33	-102.92
Book Value	-224.2	-164.3	-149.1	-103.7	-65.5	570.2
Book Value Per Share	-17.00	-14.76	-18.85	-13.38	-8.50	113.36
Tangible Book Value	-518.1	-463.4	-455.1	-420.9	-401.3	287.1
Tangible Book Value Per Share	-39.28	-41.63	-57.54	-54.31	-52.05	57.08

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q