INNOVATE Corp. (VATE)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenue | 242,000 | 274,200 | 242,200 | 313,100 |
| Cost of revenue | 196,400 | 228,700 | 194,000 | 247,500 |
| Gross profit | 45,600 | 45,500 | 48,200 | 65,600 |
| Depreciation and amortization | 4,400 | 4,400 | 4,400 | 4,400 |
| Other operating loss (income) | -1,200 | 100 | -500 | 10,500 |
| Selling, general and administrative | 35,100 | 37,800 | 37,400 | 42,900 |
| Income (loss) from operations | 4,900 | 3,400 | 5,900 | 28,800 |
| Interest expense | 21,400 | 20,200 | - | - |
| Loss from equity investees | - | -5,900 | - | -1,100 |
| Other (expense) income, net | -300 | 4,000 | 2,200 | 200 |
| Interest expense | - | - | 21,200 | 16,500 |
| (loss) income from operations before income taxes | -16,800 | -18,700 | -13,100 | 11,400 |
| Income tax (expense) benefit | 4,200 | 7,100 | 3,100 | -2,500 |
| Net (loss) income | -21,000 | -25,800 | -16,200 | 13,900 |
| Net loss attributable to non-controlling interests and redeemable non-controlling interests | -1,200 | -1,300 | -1,200 | -500 |
| Net (loss) income attributable to innovate corp | -19,800 | -24,500 | -15,000 | 14,400 |
| Less preferred dividends | 2,200 | 300 | 300 | 300 |
| Net (loss) income attributable to common stockholders and participating preferred stockholders, basic | -22,000 | -24,800 | -15,300 | 14,100 |
| Net loss attributable to common stockholders and participating preferred stockholders, diluted | - | - | -15,300 | 14,100 |
| Basic (in shares) | 13,146,750 | 13,114,804 | 12,966,322 | 89,204,850 |
| Basic (in usd per share) | -1.67 | -1.89 | -1.18 | 0.11 |
| Diluted (in shares) | 13,146,750 | 13,114,804 | 12,966,322 | 144,257,552 |
| Diluted (in usd per share) | -1.67 | -1.89 | -1.18 | 0.1 |