INNOVATE Cash Flow Statement

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
Net Income	-64	-39.7	-38.9	-42	-172.6
Depreciation & Amortization	30.4	32.9	36	42.2	37.6
Stock-Based Compensation	2.7	3.4	2.2	2.4	2.4
Other Adjustments	26.3	0.4	-0.9	7.9	26.4
Change in Receivables	-48.7	91.8	-25.7	-5.5	-38.3
Changes in Inventories	4.8	1.9	-3.5	-1.9	-1.4
Changes in Accounts Payable	57.1	-57.2	-60.2	21.7	57.9
Changes in Accrued Expenses	37.6	12.2	9.9	-12.7	8.5
Changes in Unearned Revenue	62.8	-44.4	54.9	19.5	7.2
Changes in Other Operating Activities	37.6	7.8	52.7	-41.1	-20.5
Operating Cash Flow	146.6	9.1	26.5	-9.5	54
Operating Cash Flow Growth	1510.99%	-65.66%	-	-	-34.31%
Capital Expenditures	-26.1	-19	-18.4	-20.7	-24.1
Sale of Property, Plant & Equipment	1.4	10.1	1.6	2	13.2
Purchases of Investments	-0.3	-2	-	-	-
Proceeds from Sale of Investments	2.9	-	59.2	-	-
Payments for Business Acquisitions	-0.5	-1.2	-	-	-128.5
Proceeds from Business Divestments	-	-	-	-	74
Other Investing Activities	-	-1.8	-3.3	-3.8	63.5
Investing Cash Flow	-22.6	-13.9	39.1	-22.5	-446.4
Short-Term Debt Issued	85.9	70	87	176.7	206
Short-Term Debt Repaid	-116.8	-125	-94.7	-85.1	-175.5
Net Short-Term Debt Issued (Repaid)	-30.9	-55	-7.7	91.6	30.5
Long-Term Debt Issued	21.3	25	4.9	10.7	457.1
Long-Term Debt Repaid	-48.7	-28	-37.1	-28.3	-458.1
Net Long-Term Debt Issued (Repaid)	-27.4	-3	-32.2	-17.6	-1
Issuance of Common Stock	-	33.2	-	-	-
Net Common Stock Issued (Repurchased)	-	33.2	-	-	-
Issuance of Preferred Stock	-	-	-	-	10.5
Repurchase of Preferred Stock	-	-	-7	-	-10.4
Net Preferred Stock Issued (Repurchased)	-	-	-7	-	0.1
Common Dividends Paid	-2.2	-1.2	-2.2	-0.7	-2.9
Other Financing Activities	-0.7	-0.5	-16.2	-5.9	-14.8
Financing Cash Flow	-61.2	-26.5	-65.3	68.1	8.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.6	-1.7	-0.2	-1.4	-1.3
Net Cash Flow	63.4	-33	0.1	34.7	-191
Free Cash Flow	120.5	-9.9	8.1	-30.2	29.9
Free Cash Flow Growth	-	-	-	-	-53.57%
FCF Margin	9.67%	-0.89%	0.57%	-1.84%	2.48%
Free Cash Flow Per Share	9.12	-0.93	1.04	-3.90	3.88
Levered Free Cash Flow	81.9	-159.6	-6.1	40.2	-135
Unlevered Free Cash Flow	234.07	-18.26	101.37	20.69	53.86

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

SEC Filings: 10-K · 10-Q