InnovAge (INNV) stock price, revenue, and financials

InnovAge market cap is $849.7 m, and annual revenue was $567.19 m in FY 2020

$849.7 M

INNV Mkt cap, 18-Oct-2021

$309.9 M

InnovAge Revenue H1, 2021
InnovAge Gross profit (H1, 2021)84.7 M
InnovAge Gross profit margin (H1, 2021), %27.3%
InnovAge Net income (H1, 2021)-40.2 M
InnovAge EBIT (H1, 2021)-17.6 M
InnovAge Cash, 31-Mar-2021201.5 M
InnovAge EV723.4 M
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InnovAge Revenue

InnovAge revenue was $567.19 m in FY, 2020 which is a 21.8% year over year increase from the previous period.

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InnovAge Revenue Breakdown

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InnovAge revenue breakdown by business segment: 99.6% from PACE and 0.4% from Other

InnovAge Income Statement

Annual

USDFY, 2019FY, 2020

Revenue

465.6m567.2m

Revenue growth, %

22%

Cost of goods sold

355.0m425.9m

Gross profit

110.6m141.3m

Gross profit Margin, %

24%25%

Sales and marketing expense

16.5m19.0m

General and administrative expense

48.3m58.5m

Operating expense total

71.0m90.4m

Depreciation and amortization

9.0m11.3m

EBIT

39.7m50.9m

EBIT margin, %

9%9%

Interest expense

9.6m14.6m

Pre tax profit

25.4m35.6m

Income tax expense

6.3m9.9m

Net Income

19.1m25.8m

EPS

0.20.2

Half Year

USDH1, 2020H1, 2021

Revenue

269.9m309.9m

Cost of goods sold

208.5m225.2m

Gross profit

61.4m84.7m

Gross profit Margin, %

23%27%

Sales and marketing expense

9.8m8.7m

General and administrative expense

28.4m87.3m

Operating expense total

43.6m102.3m

Depreciation and amortization

5.5m6.0m

EBIT

17.8m(17.6m)

EBIT margin, %

7%(6%)

Interest expense

8.9m12.2m

Pre tax profit

7.9m(30.8m)

Income tax expense

2.1m9.4m

Net Income

5.8m(40.2m)

EPS

0.1(0.3)

InnovAge Balance Sheet

Annual

USDFY, 2019FY, 2020

Cash

59.7m112.9m

Accounts Receivable

51.3m46.3m

Current Assets

119.5m166.9m

PP&E

101.2m102.5m

Goodwill

117.3m116.1m

Total Assets

363.2m409.6m

Accounts Payable

30.4m28.9m

Short-term debt

3.6m3.4m

Current Liabilities

83.5m76.6m

Long-term debt

191.1m214.5m

Total Debt

194.8m218.0m

Total Liabilities

281.8m301.9m

Common Stock

133.0k133.0k

Additional Paid-in Capital

35.8m36.3m

Retained Earnings

38.5m64.7m

Total Equity

81.4m107.8m

Debt to Equity Ratio

2.4 x2 x

Debt to Assets Ratio

0.5 x0.5 x

Financial Leverage

4.5 x3.8 x

Quarterly

USDQ2, 2021Q3, 2021

Cash

77.3m201.5m

Accounts Receivable

39.4m44.4m

Prepaid Expenses

3.6m

Current Assets

123.1m251.9m

PP&E

110.7m141.5m

Goodwill

116.1m124.2m

Total Assets

374.7m531.4m

Accounts Payable

29.4m33.2m

Short-term debt

5.1m2.9m

Current Liabilities

92.5m94.0m

Long-term debt

296.1m72.4m

Total Debt

301.2m75.3m

Total Liabilities

406.0m180.3m

Common Stock

133.0k136.0k

Additional Paid-in Capital

24.6m323.1m

Retained Earnings

15.3m4.8m

Total Equity

(31.3m)351.1m

Debt to Equity Ratio

-9.6 x

Debt to Assets Ratio

0.8 x

Financial Leverage

-12 x1.5 x

InnovAge Cash Flow

Annual

USDFY, 2019FY, 2020

Net Income

19.1m25.8m

Depreciation and Amortization

9.0m11.3m

Accounts Receivable

1.1m(1.2m)

Accounts Payable

9.4m(1.0m)

Cash From Operating Activities

25.9m43.8m

Purchases of PP&E

(14.5m)(11.8m)

Cash From Investing Activities

(52.5m)(11.7m)

Long-term Borrowings

(129.2m)(3.8m)

Dividends Paid

(66.5m)

Cash From Financing Activities

37.3m21.2m

Net Change in Cash

10.8m53.4m

Interest Paid

8.8m11.6m

Income Taxes Paid

4.5m4.7m

Quarterly

USDQ2, 2020Q2, 2021Q3, 2021

Net Income

5.8m(40.2m)(50.5m)

Depreciation and Amortization

5.5m6.0m9.3m

Accounts Receivable

(738.0k)4.2m(1.4m)

Accounts Payable

5.4m2.4m7.7m

Cash From Operating Activities

13.4m(743.0k)(17.0m)

Purchases of PP&E

(7.3m)(11.5m)(14.1m)

Cash From Investing Activities

(6.0m)(13.5m)(16.1m)

Long-term Borrowings

(1.7m)(214.5m)(512.6m)

Dividends Paid

(9.5m)(9.5m)

Cash From Financing Activities

(1.7m)(21.4m)122.3m

Net Change in Cash

5.8m(35.6m)89.2m

Interest Paid

4.8m8.2m16.3m

Income Taxes Paid

1.6m7.0m

InnovAge Ratios

USDFY, 2019

Debt/Equity

2.4 x

Debt/Assets

0.5 x

Financial Leverage

4.5 x

InnovAge Operating Metrics

FY, 2019H1, 2020FY, 2020H1, 2021

PACE Centers

16161617

Members

5.9 k6.3 k6.4 k6.6 k

Member Months

65.1 k36.9 k74.9 k39.1 k

InnovAge Employee Rating

2.9199 votes
Culture & Values
3.3
Work/Life Balance
3.4
Senior Management
3
Salary & Benefits
3.2
Career Opportunities
3.1
Source