Innovate Corp (VATE)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Cash Flows From Operating Activities | |||||
| Net Income | -39,700 | -38,900 | -42,000 | -236,200 | -102,100 |
| Depreciation Amortization | 40,600 | 42,900 | 45,600 | 48,100 | 41,800 |
| Income taxes - deferred | 500 | -5,300 | 1,100 | 2,000 | -4,700 |
| Accounts receivable | 91,800 | -25,700 | -5,500 | -38,300 | 92,900 |
| Accounts payable and accrued liabilities | -57,200 | -60,200 | 21,700 | 57,900 | 5,800 |
| Other Working Capital | 12,100 | 28,100 | -20,000 | 13,400 | 14,800 |
| Other Operating Activity | -39,000 | 85,600 | -10,400 | 180,100 | -7,400 |
| Operating Cash Flow | $9,100 | $26,500 | $-9,500 | $27,000 | $41,100 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -8,900 | -16,800 | -18,700 | -10,900 | 23,400 |
| Net Acquisitions | -1,200 | N/A | N/A | -54,500 | 147,400 |
| Purchase Of Investment | -2,000 | N/A | N/A | N/A | N/A |
| Sale Of Investment | N/A | 59,200 | N/A | N/A | 86,100 |
| Other Investing Activity | -1,800 | -3,300 | -3,800 | -157,800 | -94,800 |
| Investing Cash Flow | $-13,900 | $39,100 | $-22,500 | $-223,200 | $162,100 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 94,800 | 91,900 | 187,400 | 663,100 | -4,100 |
| Debt Repayment | -153,000 | -131,800 | -113,400 | -633,600 | -181,900 |
| Common Stock Issued | 33,200 | N/A | N/A | N/A | N/A |
| Dividend Paid | -1,200 | -2,200 | -5,200 | -2,900 | N/A |
| Other Financing Activity | -300 | -23,200 | -700 | -22,300 | -18,500 |
| Financing Cash Flow | $-26,500 | $-65,300 | $68,100 | $4,300 | $-204,500 |
| Exchange Rate Effect | -1,700 | -200 | -1,400 | -1,300 | 1,100 |
| Beginning Cash Position | 82,300 | 82,200 | 47,500 | 45,300 | 24,700 |
| End Cash Position | 49,300 | 82,300 | 82,200 | 47,500 | 45,300 |
| Net Cash Flow | $-33,000 | $100 | $34,700 | $2,200 | $20,600 |
| Free Cash Flow | |||||
| Operating Cash Flow | 9,100 | 26,500 | -9,500 | 27,000 | 41,100 |
| Capital Expenditure | -19,000 | -18,400 | -20,700 | -24,100 | -17,800 |
| Free Cash Flow | -9,900 | 8,100 | -30,200 | 2,900 | 23,300 |