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Innovate Corp (VATE)

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[[ session ]] by (Cboe BZX)

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Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)

	09-2024	06-2024	03-2024	12-2023	09-2023
Cash Flows From Operating Activities
Net Income	-22,400	-6,200	-20,100	-38,900	-28,300
Depreciation Amortization	30,400	20,400	10,100	42,900	32,500
Income taxes - deferred	200	200	100	-5,300	-5,300
Accounts receivable	93,500	102,500	9,000	-25,700	-37,400
Accounts payable and accrued liabilities	-58,900	-52,700	-20,000	-60,200	-52,800
Other Working Capital	-35,300	-14,800	-20,500	28,100	-27,300
Other Operating Activity	-39,800	-53,300	16,000	85,600	83,900
Operating Cash Flow	$-32,300	$-3,900	$-25,400	$26,500	$-34,700

Cash Flows From Investing Activities
PPE Investments	-1,900	1,100	-2,500	-16,800	-12,400
Net Acquisitions	-300	N/A	N/A	N/A	N/A
Purchase Of Investment	N/A	-2,300	N/A	N/A	-1,000
Sale Of Investment	N/A	N/A	N/A	59,200	54,200
Other Investing Activity	-1,800	500	-800	-3,300	400
Investing Cash Flow	$-4,000	$-700	$-3,300	$39,100	$41,200

Cash Flows From Financing Activities
Debt Issued	64,800	44,800	N/A	91,900	5,300
Debt Repayment	-90,700	-72,800	-37,600	-131,800	-10,800
Common Stock Issued	33,200	33,200	N/A	N/A	N/A
Dividend Paid	-900	-600	-300	-2,200	-1,800
Other Financing Activity	0	0	25,000	-23,200	-23,300
Financing Cash Flow	$6,400	$4,600	$-12,900	$-65,300	$-30,600

Exchange Rate Effect	100	-600	-800	-200	-1,000
Beginning Cash Position	82,300	82,300	82,300	82,200	82,200
End Cash Position	52,500	81,700	39,900	82,300	57,100
Net Cash Flow	$-29,800	$-600	$-42,400	$100	$-25,100

Free Cash Flow
Operating Cash Flow	-32,300	-3,900	-25,400	26,500	-34,700
Capital Expenditure	-11,800	-8,700	-5,600	-18,400	-13,900
Free Cash Flow	-44,100	-12,600	-31,000	8,100	-48,600