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INNOVATE Corp (VATE)
NYSE:VATE
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INNOVATE Corp (VATE) Income Statement

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INNOVATE Corp Income Statement

Last quarter (Q1 2024), INNOVATE Corp's total revenue was $315.20M, a decrease of -22.99% from the same quarter last year. In Q1, INNOVATE Corp's net income was $-17.70M. See INNOVATE Corp’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 1.38B$ 1.42B$ 1.64B$ 1.21B$ 716.90M$ 1.08B
Cost of Revenue
$ 857.50M$ 1.21B$ 1.42B$ -1.02B$ 588.50M$ 830.50M
Gross Profit
$ 519.70M$ 216.00M$ 221.40M$ 183.70M$ 128.40M$ 246.50M
Operating Expense
$ 504.40M$ 189.50M$ 1.62B$ 194.30M$ 156.70M$ 171.20M
Operating Income
$ 15.30M$ 26.50M$ 13.40M$ -10.60M$ -28.30M$ 75.30M
Net Non Operating Interest Income Expense
$ -66.20M$ -68.20M$ -52.00M$ -59.10M$ -74.80M$ -76.10M
Other Income Expense
$ -9.00M$ -7.30M$ 2.50M$ 11.00M$ 56.40M$ -41.00M
Pretax Income
$ -41.90M$ -34.40M$ -41.10M$ -80.70M$ -46.70M$ -41.80M
Tax Provision
$ 6.50M$ 4.50M$ 900.00K$ 5.60M$ 7.00M$ -19.60M
Earnings From Equity Interest Net Of Tax
$ -7.00M$ -9.40M$ -1.30M$ -2.80M--
Net Income Common Stockholders
$ -45.70M$ -37.60M$ -40.80M$ -229.70M$ -95.60M$ -31.50M
Basic EPS
$ -0.57$ -0.48$ -1.06$ -2.98$ -1.88$ -0.66
Diluted EPS
$ -0.57$ -0.48$ -1.06$ -2.98$ -1.88$ -0.66
Basic Average Shares
$ 312.70M$ 78.10M$ 77.50M$ 77.10M$ 50.30M$ 44.87M
Diluted Average Shares
$ 312.70M$ 78.10M$ 77.50M$ 77.10M$ 50.70M$ 44.87M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 1.36B$ 1.40B$ 3.04B$ -827.20M$ 745.20M$ 1.00B
Net Income From Continuing And Discontinued Operation
$ -43.30M$ -35.20M$ -35.90M$ -227.50M$ -92.00M$ -31.50M
Normalized Income
$ 276.35M$ -57.98M$ -51.17M-$ -86.67M$ 8.24M
Interest Expense
----$ 74.80M$ 76.10M
EBIT
$ 4.80M$ 33.80M$ -31.60M$ -54.20M$ 28.10M$ 34.30M
EBITDA
$ 28.50M$ 76.70M$ 14.00M$ -6.10M$ 54.90M$ 42.50M
Currency in USD

INNOVATE Corp Earnings and Revenue History

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