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Innovate Corp (VATE)

Innovate Corp (VATE)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
INNOVATE Corp. is a portfolio of assets in areas of infrastructure, life sciences and spectrum. INNOVATE Corp., formerly known as HC2 Holdings Inc., is based in NEW YORK.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 347,100 242,000 274,200 236,600 242,200
Sales Growth +43.43% -11.74% +15.89% -2.31% -22.64%
Net Income -8,900 -19,800 -24,500 -16,600 -15,000
Net Income Growth +55.05% +19.18% -47.59% -10.67% -204.17%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 913,200 890,900 868,000 891,100 897,200
Total Assets Growth +2.50% +2.64% -2.59% -0.68% -0.19%
Total Liabilities 1,120,000 1,079,400 1,036,200 1,034,300 1,022,200
Total Liabilities Growth +3.76% +4.17% +0.18% +1.18% +1.32%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow 45,500 26,300 -14,100 9,100 -32,300
Operating Cash Flow Growth +73.00% +286.52% -254.95% +128.17% -728.21%
Net Cash Flow -13,200 -15,300 -15,400 -33,000 -29,800
Change in Net Cash Flow +13.73% +0.65% +53.33% -10.74% -4,866.67%
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