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INNOVATE Corp. financials data including stock price, CreditSafe score, income statement, balance sheet, cash flow, and acquistions and subsidiaries.
Stock Price
$6.3
2024-10-29
Market Capitalization
$82.6 M
2024-10-29
Revenue
$1.2 B
FY, 2025
CreditSafe Score
?
Score changed on Jul 19, 2026
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Learn moreFinancial Statements
| USD | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.0B | 1.0B | 1.2B | 1.6B | 1.4B | 1.1B | 1.2B |
| Revenue growth, % | 0.4% | -49.3% | |||||
| Cost of goods sold | 1.4B | 588.5M | 102.2M | 1.4B | 1.2B | 898.3M | 1.0B |
| Gross profit | 559.2M | 417.3M | 183.7M | 221.4M | 216.0M | 208.8M | 199.7M |
| Gross profit margin, % | 28.2% | 41.5% | 15.2% | 13.5% | 18.9% | 16.0% | |
| General and administrative expense | 214.3M | 181.1M | 168.3M | 180.1M | 168.0M | 160.2M | 153.1M |
| Operating expense total | 530.1M | 421.4M | 193.7M | 208.0M | 189.5M | 168.8M | 171.0M |
| Depreciation and amortization | 32.0M | (3.2M) | 25.4M | 27.2M | 17.5M | ||
| EBIT | 29.1M | (4.1M) | (10.6M) | 13.4M | 26.5M | 40.0M | 28.7M |
| EBIT margin, % | 1.5% | -0.9% | 0.8% | 3.6% | 2.3% | ||
| Investment income | 2.2M | (3.4M) | (2.8M) | (1.3M) | (9.4M) | (2.3M) | (5.9M) |
| Interest income | 2.6M | ||||||
| Interest expense | 95.1M | 79.4M | 59.1M | 68.2M | 48.6M | 30.0M | |
| Pre tax profit | (56.7M) | (27.8M) | (80.7M) | (41.1M) | (34.4M) | (33.4M) | (61.5M) |
| Income tax expense | (20.6M) | 10.5M | 5.6M | 900.0K | 4.5M | 6.3M | 2.5M |
| Net Income | (36.1M) | (102.1M) | (236.2M) | (42.0M) | (38.9M) | (39.7M) | (64.0M) |
| EPS | (0.7) | (0.9) | (1.0) | (0.5) | (3.1) | (4.8) |
Acquisitions & Subsidiaries
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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