VATE
Income statement / Annual
Last year (2023), INNOVATE Corp.'s total revenue was $1.42 B,
a decrease of 13.09% from the previous year.
In 2023, INNOVATE Corp.'s net income was -$37.60 M.
See INNOVATE Corp.�s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$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
|
$543.20 M
|
| Cost of Revenue |
$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 |
$471.49 M |
| Gross Profit |
$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 |
$71.72 M |
| Gross Profit Ratio |
0.15 |
0.14 |
0.15 |
0.17 |
0.15 |
0.1 |
0.13 |
0.12 |
0.12 |
0.13 |
| 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
|
$181.10 M
|
$190.10 M
|
$0.00
|
$291.58 M
|
$153.07 M
|
$111.96 M
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$108.70 M
|
-$179,000.00
|
-$3.43 M
|
$0.00
|
| Selling, General &
Administrative Expenses |
$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
|
$81.40 M
|
| Other Expenses |
$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 |
$4.62 M |
| Operating Expenses |
$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 |
$86.01 M |
| Cost And Expenses |
$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 |
$557.50 M |
| Interest Income |
$0.00 |
$52.00 M |
$59.10 M |
$74.80 M |
$76.10 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$436,000.00 |
| Interest Expense |
$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 |
$12.35 M |
| Depreciation &
Amortization |
$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
|
$8.97 M
|
| EBITDA |
$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
|
-$11.52 M
|
| EBITDA Ratio |
0.05 |
0.02 |
0.01 |
0.07 |
0.06 |
0.04 |
0.02 |
0.02 |
0.02 |
-0 |
| Operating Income Ratio
|
0.02
|
0.01
|
-0.01
|
0.08
|
0.05
|
-0.03
|
-0
|
-0
|
0
|
-0.03
|
| Total Other
Income/Expenses Net |
-$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
|
-$20.56 M
|
| Income Before Tax |
-$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 |
-$33.89 M |
| Income Before Tax Ratio
|
-0.02
|
-0.03
|
-0.07
|
-0.03
|
-0.02
|
0.09
|
-0.02
|
-0.03
|
-0.04
|
-0.06
|
| Income Tax Expense |
$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 |
-$24.48 M |
| Net Income |
-$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 |
-$16.29 M |
| Net Income Ratio |
-0.03 |
-0.02 |
-0.07 |
-0.05 |
-0.01 |
0.07 |
-0.03 |
-0.07 |
-0.04 |
-0.03 |
| EPS |
-4.78 |
-5.26 |
-10.35 |
-9.22 |
-3.93 |
29 |
-11.61 |
-28.26 |
-15.04 |
-8.26 |
| EPS Diluted |
-4.78 |
-5.26 |
-10.35 |
-9.22 |
-3.93 |
29.7 |
-11.61 |
-28.3 |
-15.04 |
-8.26 |
| Weighted Average Shares
Out |
$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
|
$1.97 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$1.97 M
|
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