← INNOVATE Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.6b |
$1.5b
-4.85%
|
$1.8b
+19.67%
|
$1.7b
-6.28%
|
$716.9m
-56.88%
|
$1.2b
+68.11%
|
$1.6b
+35.85%
|
$1.4b
-13.09%
|
$1.1b
-22.20%
|
$1.2b
+12.55%
|
$1.5b
+21.69%
|
|
| Cost of Goods and Services Sold | $411.1m |
$1.3b
+219.43%
|
$1.6b
+20.72%
|
$1.4b
-10.11%
|
$588.5m
-58.70%
|
$1.0b
+73.58%
|
$1.4b
+38.61%
|
$1.2b
-14.75%
|
$898.3m
-25.58%
|
$1.0b
+16.48%
|
$1.3b
+21.82%
|
|
| Gross Profit | $1.1b |
$169.5m
-85.23%
|
$188.9m
+11.46%
|
$237.8m
+25.89%
|
$128.4m
-46.01%
|
$183.7m
+43.07%
|
$221.4m
+20.52%
|
$216.0m
-2.44%
|
$208.8m
-3.33%
|
$199.7m
-4.36%
|
$241.6m
+20.98%
|
|
| Selling, General and Administrative Expense | $152.9m | $182.9m | $218.4m | $214.3m | $181.1m | $168.3m | $180.1m | $168.0m | $160.2m | $153.1m | $161.1m | |
| Amortization of Intangible Assets | $3.8m | $5.4m | $4.9m | $12.3m | $6.0m | $12.6m | $16.6m | $11.1m | $7.9m | $7.5m | — | |
| Operating Expenses | $1.6b | $1.6b | $2.0b | — | — | — | — | — | — | — | $1.5b | |
| Operating Income (Loss) | ($1.4m) |
($1.1m)
+20.34%
|
($55.8m)
-4829.33%
|
$29.1m
+152.15%
|
($4.1m)
-114.09%
|
($10.6m)
-158.54%
|
$13.4m
+226.42%
|
$26.5m
+97.76%
|
$40.0m
+50.94%
|
$28.7m
-28.25%
|
$64.9m
+126.13%
|
|
| Other Operating Income (Expense), Net | — | $704k | $100k | $5.6m | $20.0m | ($600k) | ($700k) | ($1.3m) | $9.0m | ($400k) | — | |
| Interest Expense | $43.4m | $55.1m | $75.7m | $95.1m | $79.4m | $59.1m | $52.0m | $68.2m | — | — | $99.5m | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $2.6m | $700k | — | |
| Net Investment Income | $58.0m | $66.1m | $116.6m | $203.8m | $188.9m | — | — | — | — | — | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($8.4m) | $700k | ($15.1m) | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | $1.3m | ($1.1m) | — | |
| Gain (Loss) on Investments | — | — | $34.4m | $0 | — | — | — | — | ($200k) | — | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $2.5m | $5.1m | $28.8m | $9.0m | $63.4m | $0 | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($2.8m) | ($12.8m) | $78.7m | $6.0m | $68.5m | $4.3m | ($1.2m) | $16.7m | $3.4m | $4.7m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $74.5m | $89.0m | $99.5m | |
| Income (Loss) from Equity Method Investments | $10.8m | $17.8m | $15.4m | $2.2m | ($3.4m) | ($2.8m) | ($1.3m) | ($9.4m) | ($2.3m) | ($5.9m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($71.6m) | ($56.3m) | $179.6m | ($58.3m) | ($106.1m) | ($89.7m) | ($45.1m) | ($46.9m) | ($36.1m) | ($63.3m) | ($14.7m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($45.8m) | ($39.8m) | $182.3m | ($56.7m) | ($27.8m) | ($80.7m) | ($41.1m) | ($34.4m) | ($33.4m) | ($61.5m) | ($14.7m) | |
| Current Income Tax Expense (Benefit) | $24.5m | $21.2m | $5.1m | $7.5m | $2.0m | $3.7m | ($200k) | $9.8m | $5.8m | $2.6m | $7.2m | |
| Income Tax Expense (Benefit) | $51.6m | $10.7m | $2.4m | ($20.6m) | $10.5m | $5.6m | $900k | $4.5m | $6.3m | $2.5m | $7.2m | |
| Net Income (Loss) Attributable to Parent | ($94.5m) |
($46.9m)
+50.38%
|
$162.0m
+445.33%
|
($31.5m)
-119.44%
|
($92.0m)
-192.06%
|
($227.5m)
-147.28%
|
($35.9m)
+84.22%
|
($35.2m)
+1.95%
|
($34.6m)
+1.70%
|
($60.6m)
-75.14%
|
($24.0m)
+60.40%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($105.4m) |
($49.7m)
+52.87%
|
$155.6m
+413.22%
|
($31.5m)
-120.24%
|
($95.6m)
-203.49%
|
($229.7m)
-140.27%
|
($40.8m)
+82.24%
|
($37.6m)
+7.84%
|
($35.8m)
+4.79%
|
($64.0m)
-78.77%
|
($24.0m)
+62.50%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | — | — | — | — | ($47.5m) | ($80.7m) | ($40.8m) | — | — | — | ($24.0m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($2.9m) | ($3.6m) | $17.9m | ($4.6m) | ($10.1m) | ($8.7m) | ($6.1m) | ($3.7m) | ($5.1m) | ($3.4m) | ($24.0m) | |
| Preferred Stock Dividends and Other Adjustments | $10.8m | $2.8m | $6.4m | $0 | $3.6m | $2.2m | $4.9m | — | — | — | $1.6m | |
| Earnings Per Share, Basic | ($2.83) | — | — | — | ($1.88) | ($2.98) | ($0.53) | ($0.48) | ($3.08) | ($4.84) | ($1.79) | |
| Earnings Per Share, Diluted | ($2.83) | — | — | — | ($1.88) | ($2.98) | ($0.53) | ($0.48) | ($3.08) | ($4.84) | ($1.79) | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($3) | — | $3 | ($1) | ($1) | ($1) | ($1) | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($3) | ($1) | $3 | ($1) | ($1) | ($1) | ($1) | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 37.3m | 42.8m | 44.3m | 44.8m | 50.3m | 77.1m | 77.5m | 78.1m | 10.7m | 13.2m | 13.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 37.3m | — | 46.8m | 44.8m | 50.7m | 77.1m | 77.5m | 78.1m | 10.7m | 13.2m | 13.3m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | — | — | — | $2.0b | $1.0b | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $587k | — | $51.8m | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $5.0m | $5.0m | ($8.4m) | $700k | ($15.1m) | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($43.9m) | ($78.5m) | ($35.9m) | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($97.4m) | ($50.5m) | — | — | ($38.3m) | ($86.3m) | ($42.0m) | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | ($63.8m) | ($149.9m) | $0 | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($48.1m) | ($149.0m) | $0 | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.