INNOVATE Corp. (VATE) Financials

$6.22

north_east
$0.34 (5.78%)
Day's range
$5.8
Day's range
$6.22
$2B$2B$1.5B$1.5B$1B$1B$500M$500M$0$0-$500M-$500MEarning2018201820192019202020202021202120222022202320232024202415%15%10%10%5%5%0%0%-5%-5%-10%-10%Profit Margin
Profit Margin
Revenue
Earnings

VATE Income statement / Annual

Last year (2024), INNOVATE Corp.'s total revenue was $1.11 B, a decrease of 22.20% from the previous year. In 2024, INNOVATE Corp.'s net income was -$35.80 M. See INNOVATE Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $1.11 B $1.42 B $1.64 B $1.21 B $1.01 B $1.81 B $1.98 B $1.63 B $1.56 B $1.12 B
Cost of Revenue $898.30 M $1.21 B $1.42 B $1.02 B $838.50 M $1.53 B $1.78 B $1.42 B $1.38 B $984.87 M
Gross Profit $208.80 M $216.00 M $221.40 M $183.70 M $167.30 M $279.30 M $194.20 M $212.36 M $180.90 M $135.94 M
Gross Profit Ratio 0.19 0.15 0.14 0.15 0.17 0.15 0.1 0.13 0.12 0.12
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $181.10 M $190.10 M $0.00 $291.58 M $153.07 M $111.96 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$108.70 M -$179,000.00 -$3.43 M
Selling, General & Administrative Expenses $160.20 M $168.00 M $180.10 M $168.30 M $181.10 M $190.10 M $218.40 M $182.88 M $152.89 M $108.53 M
Other Expenses $0.00 $0.00 $27.90 M $26.00 M -$23.20 M $1.20 M $78.70 M -$12.77 M -$2.84 M -$6.82 M
Operating Expenses $160.20 M $189.50 M $208.00 M $194.30 M $157.90 M $191.30 M $250.00 M $213.49 M $177.38 M $131.81 M
Cost And Expenses $1.06 B $1.40 B $1.62 B $1.22 B $996.40 M $1.72 B $2.03 B $1.64 B $1.55 B $1.12 B
Interest Income $0.00 $0.00 $52.00 M $59.10 M $74.80 M $76.10 M $0.00 $0.00 $0.00 $0.00
Interest Expense -$74.50 M $68.20 M $52.00 M $59.10 M $79.40 M $79.50 M $75.70 M $55.10 M $43.38 M $39.02 M
Depreciation & Amortization $17.60 M $36.00 M $42.20 M $37.60 M $26.80 M $31.50 M $51.50 M $36.57 M $28.86 M $30.94 M
EBITDA -$99.00 M $69.80 M $53.10 M $16.00 M $54.90 M $65.80 M $309.50 M $51.92 M $26.45 M $23.33 M
EBITDA Ratio -0.09 0.05 0.03 0.01 0.05 0.04 0.16 0.03 0.02 0.02
Operating Income Ratio -0.01 0.02 0.01 -0.01 0.08 0.05 -0.03 -0 -0 0
Total Other Income/Expenses Net -$24.40 M -$63.60 M -$54.50 M -$70.10 M -$18.40 M -$117.10 M $238.10 M -$38.65 M -$44.37 M -$47.34 M
Income Before Tax -$33.40 M -$34.40 M -$41.10 M -$80.70 M -$27.80 M -$37.10 M $182.30 M -$39.75 M -$45.79 M -$46.62 M
Income Before Tax Ratio -0.03 -0.02 -0.03 -0.07 -0.03 -0.02 0.09 -0.02 -0.03 -0.04
Income Tax Expense -$6.30 M $4.50 M $900,000.00 $5.60 M $10.50 M -$20.30 M $2.40 M $10.74 M $51.64 M -$10.88 M
Net Income -$35.80 M -$37.60 M -$40.80 M -$79.80 M -$46.40 M -$17.60 M $139.00 M -$49.70 M -$105.40 M -$39.83 M
Net Income Ratio -0.03 -0.03 -0.02 -0.07 -0.05 -0.01 0.07 -0.03 -0.07 -0.04
EPS -0.6 -4.78 -5.26 -10.35 -9.22 -3.93 29 -11.61 -28.3 -15.04
EPS Diluted -0.6 -4.78 -5.26 -10.35 -9.22 -3.93 29.7 -11.61 -28.26 -15.04
Weighted Average Shares Out $59.96 M $7.87 M $7.75 M $7.71 M $5.03 M $4.48 M $4.79 M $4.28 M $3.72 M $2.65 M
Weighted Average Shares Out Diluted $59.96 M $7.87 M $7.75 M $7.71 M $5.03 M $4.48 M $4.68 M $4.28 M $3.73 M $2.65 M
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