Financial insights of VATE

MyFinsight

For the quarter ending 2026-03-31, VATE made $364,800K in revenue. -$17,200K in net income. Net profit margin of -4.71%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	364,800	382,700	347,100	242,000
Cost of revenue	311,300	323,800	297,400	196,400
Gross profit	53,500	58,900	49,700	45,600
Selling, general and administrative	39,400	40,600	39,600	35,100
Depreciation and amortization	4,200	4,400	4,300	4,400
Other operating income	100	400	300	-1,200
Income (loss) from operations	10,000	14,300	6,100	4,900
Interest expense	24,500	24,000	23,400	21,400
Loss from equity investees	0	0	0	0
Other income, net	300	400	600	-300
Loss from operations before income taxes	-14,200	-9,300	-16,700	-16,800
Income tax expense	2,900	-1,700	-7,100	4,200
Net loss	-17,100	-7,600	-9,600	-21,000
Net loss attributable to non-controlling interests and redeemable non-controlling interests	-300	-200	-700	-1,200
Net loss attributable to innovate corp	-16,800	-7,400	-8,900	-19,800
Less preferred stock dividends	400	400	500	2,200
Net loss attributable to common stockholders and participating preferred stockholders, basic	-17,200	-7,800	-9,400	-22,000

Basic EPS	-1.29	-0.585	-0.71	-1.67
Diluted EPS	-1.29	-0.585	-0.71	-1.67
Basic Average Shares	13,344,976	13,344,019	13,264,799	13,146,750
Diluted Average Shares	13,344,976	13,344,019	13,264,799	13,146,750

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.