Financial insights of VATE

MyFinsight

For the year ending 2025-12-31, VATE made $1,246,000K in revenue. -$64,000K in net income. Net profit margin of -5.14%.

Income Statement	2025-12-31	2024-12-31
Revenue	1,246,000	1,107,100
Cost of revenue	1,046,300	898,300
Gross profit	199,700	208,800
Selling, general and administrative	153,100	160,200
Depreciation and amortization	17,500	17,600
Other operating loss (income)	-400	9,000
Income (loss) from operations	28,700	40,000
Interest expense	89,000	74,500
Loss from equity investees	-5,900	-2,300
Other income, net	4,700	3,400
Loss from operations before income taxes	-61,500	-33,400
Income tax expense	2,500	6,300
Net loss	-64,000	-39,700
Net loss attributable to non-controlling interests and redeemable non-controlling interests	-3,400	-5,100
Net loss attributable to innovate corp	-60,600	-34,600
Less preferred stock dividends	3,400	1,200
Net loss attributable to common stockholders and participating preferred stockholders, basic	-64,000	-35,800

Basic EPS	-4.84	-3.08
Diluted EPS	-4.84	-3.08
Basic Average Shares	13,217,593	10,696,274
Diluted Average Shares	13,217,593	10,696,274