INNOVATE Corp. (VATE)

USD 5.17

(-9.46%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 1.42 Billion 1.63 Billion 1.2 Billion 1 Billion 1.81 Billion 1.97 Billion
Cost of Revenue 1.2 Billion 1.41 Billion 1.02 Billion 838.5 Million 1.53 Billion 1.78 Billion
Gross Profit 216 Million 221.4 Million 183.7 Million 167.3 Million 279.3 Million 194.2 Million
Operating Expenses 189.5 Million 208 Million 194.3 Million 157.9 Million 191.3 Million 250 Million
Selling, General and Administrative Expenses 168 Million 180.1 Million 168.3 Million 181.1 Million 190.1 Million 218.4 Million
Research and Development Expenses - - - - - -
Other Expenses - 27.9 Million 26 Million -23.2 Million 1.2 Million 78.7 Million
Cost and Expenses 1.39 Billion 1.62 Billion 1.21 Billion 996.4 Million 1.72 Billion 2.03 Billion
Operating Income 29.2 Million 13.4 Million -9.1 Million 77.7 Million 95.8 Million -55.8 Million
Interest Expense 68.2 Million 52 Million 59.1 Million 79.4 Million 79.5 Million 75.7 Million
Income Tax Expense 4.5 Million 900 Thousand 5.6 Million 10.5 Million -20.3 Million 2.4 Million
Earnings before Tax -34.4 Million -41.1 Million -80.7 Million -27.8 Million -37.1 Million 182.3 Million
Net Income -37.6 Million -40.8 Million -79.8 Million -46.4 Million -17.6 Million 139 Million
Earnings Per Share Basic -4.78 -5.26 -10.35 -9.22 -3.93 29.00
Earnings Per Share Diluted -4.78 -5.26 -10.35 -9.22 -3.93 29.70
Weighted Average Shares Outstanding 7.86 Million 7.75 Million 7.71 Million 5.03 Million 4.48 Million 4.79 Million
Weighted Average Shares Outstanding (Diluted) 7.86 Million 7.75 Million 7.71 Million 5.03 Million 4.48 Million 4.68 Million
Gross Margin 0.15 0.14 0.15 0.17 0.15 0.10
EBIT Margin 0.05 0.02 0.01 0.07 0.06 0.04
Profit Margin -0.03 -0.02 -0.07 -0.05 -0.01 0.07
EBITDA 69.8 Million 53.1 Million 16 Million 54.9 Million 65.8 Million 309.5 Million
Earnings Before Tax Margin 0.02 0.01 -0.01 0.08 0.05 -0.03

Income Statement Charts