INNOVATE Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	112.1	48.8	80.8	80.4	45.5
Cash & Short-Term Investments	112.1	48.8	80.8	80.4	45.5
Cash Growth	129.71%	-39.60%	0.50%	76.70%	3.88%
Accounts Receivable	241.1	194	278.4	254.9	247.1
Inventory	16	20.8	22.4	18.9	17
Other Current Assets	82.3	127.3	136.3	182.2	133
Total Current Assets	451.5	390.9	517.9	536.4	442.6
Net Property, Plant & Equipment	141.8	133.6	154.6	165	169.9
Other Intangible Assets	165.2	172.4	178.9	190.1	208.4
Goodwill	127	126.7	127.1	127.1	127.4
Long-Term Investments	1.8	3.6	1.8	59.5	56
Other Long-Term Assets	62.8	63.9	63.3	73.6	76.3
Total Assets	950.1	891.1	1,044	1,152	1,081
Accounts Payable	141.4	84.8	142.9	202.5	179.2
Accrued Expenses	122.5	109.7	70.8	65.4	93.4
Current Portion of Long-Term Debt	581.4	162.2	30.5	30.6	69.5
Unearned Revenue	171.9	109.1	153.5	98.6	79.1
Other Current Liabilities	16.9	17.2	16.1	20.1	18.3
Total Current Liabilities	1,034	483	413.8	417.2	439.5
Long-Term Debt	80.3	500.6	679.3	683.8	556.8
Other Long-Term Liabilities	51	51.2	86.8	80.3	72.4
Total Long-Term Liabilities	131.3	551.8	766.1	764.1	629.2
Total Liabilities	1,165	1,035	1,180	1,181	1,069
Preferred Stock	9.3	16.1	16.4	17.6	18.8
Common Stock	-	-	-	0.1	0.1
Treasury Stock	-5.6	-5.4	-5.4	-5.3	-5.2
Additional Paid-in Capital	350.1	350.1	328.3	330.1	330.6
Accumulated Other Comprehensive Income	-2.1	-3.2	-1.1	5.9	6.4
Retained Earnings	-582.5	-521.9	-487.3	-452.1	-416.2
Total Common Shareholders' Equity	-230.8	-164.3	-149.1	-103.7	-65.5
Minority Interest	15.5	20.6	12.8	74.1	77.4
Shareholders' Equity	-215.3	-143.7	-136.3	-29.6	11.9
Total Liabilities & Equity	950.1	891.1	1,044	1,152	1,081
Total Debt	661.7	662.8	709.8	714.4	626.3
Net Cash (Debt)	-549.6	-614	-629	-634	-580.8
Net Cash Per Share	-41.58	-57.40	-80.47	-81.81	-75.33
Book Value	-230.8	-164.3	-149.1	-103.7	-65.5
Book Value Per Share	-17.46	-15.36	-19.07	-13.38	-8.50
Tangible Book Value	-523	-463.4	-455.1	-420.9	-401.3
Tangible Book Value Per Share	-39.57	-43.32	-58.22	-54.31	-52.05

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q