tiprankstipranks
INNOVATE Corp (VATE)
NYSE:VATE

INNOVATE Corp (VATE) Income Statement

224 Followers

INNOVATE Corp Income Statement

Last quarter (Q3 2023), INNOVATE Corp's total revenue was $375.30M, a decrease of -11.28% from the same quarter last year. In Q3, INNOVATE Corp's net income was $-7.30M. See INNOVATE Corp’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 1.47B$ 1.64B$ 1.21B$ 716.90M$ 1.08B$ 1.98B
Cost of Revenue
$ 244.50M$ 1.42B$ -1.02B$ 588.50M$ 830.50M$ 1.78B
Gross Profit
$ 534.00M$ 221.40M$ 183.70M$ 128.40M$ 246.50M$ 194.20M
Operating Expense
$ 515.00M$ 1.62B$ 194.30M$ 156.70M$ 171.20M$ 249.00M
Operating Income
$ 19.00M$ 13.40M$ -10.60M$ -28.30M$ 75.30M$ -54.80M
Net Non Operating Interest Income Expense
$ -62.60M$ -52.00M$ -59.10M$ -74.80M$ -76.10M$ -75.70M
Other Income Expense
$ -10.50M$ 2.50M$ 11.00M$ 56.40M$ -41.00M$ 312.80M
Pretax Income
$ -33.10M$ -41.10M$ -80.70M$ -46.70M$ -41.80M$ 182.30M
Tax Provision
$ 2.50M$ 900.00K$ 5.60M$ 7.00M$ -19.60M$ 2.40M
Earnings From Equity Interest Net Of Tax
$ -5.00M$ -1.30M$ -2.80M---
Net Income Common Stockholders
$ -35.00M$ -40.80M$ -229.70M$ -95.60M$ -31.50M$ 139.00M
Basic EPS
$ -0.43$ -1.06$ -2.98$ -1.88$ -0.66$ 3.14
Diluted EPS
$ -0.43$ -1.06$ -2.98$ -1.88$ -0.66$ 2.90
Basic Average Shares
$ 311.50M$ 77.50M$ 77.10M$ 50.30M$ 44.87M$ 44.37M
Diluted Average Shares
$ 311.50M$ 77.50M$ 77.10M$ 50.70M$ 44.87M$ 46.87M
Dividend Per Share
------
Total Operating Income As Reported
------
Reported Normalized Basic E P S
------
Reported Normalized Diluted E P S
------
Rent Expense Supplemental
------
Total Expenses
$ 759.50M$ 3.04B$ -827.20M$ 745.20M$ 1.00B$ 2.03B
Net Income From Continuing And Discontinued Operation
$ -31.60M$ -35.90M$ -227.50M$ -92.00M$ -31.50M$ 162.00M
Normalized Income
$ 298.38M$ -51.17M-$ -86.67M$ 8.24M$ -54.61M
Interest Expense
---$ 74.80M$ 76.10M$ 75.70M
EBIT
$ 10.00M$ -31.60M$ -54.20M$ 28.10M$ 34.30M$ 258.00M
EBITDA
$ 30.20M$ 14.00M$ -6.10M$ 54.90M$ 42.50M$ 296.70M
Currency in USD

INNOVATE Corp Earnings and Revenue History

What's Included in PREMIUM?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis