INNOVATE Corp.
VATE · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$39,700 | -$35,200 | -$42,000 | -$77,600 |
| Dep. & Amort. | $32,900 | $36,000 | $42,200 | $37,600 |
| Deferred Tax | $500 | -$5,300 | $1,100 | $2,000 |
| Stock-Based Comp. | $3,400 | $0 | $2,400 | $0 |
| Change in WC | $12,100 | $28,100 | -$20,000 | $13,400 |
| Other Non-Cash | -$100 | $2,900 | $6,800 | $114,100 |
| Operating Cash Flow | $9,100 | $26,500 | -$9,500 | $89,500 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$19,000 | -$18,400 | -$20,700 | -$24,100 |
| Net Acquisitions | $0 | -$14,300 | $0 | -$54,800 |
| Inv. Purchases | -$2,000 | -$4,000 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $59,200 | $0 | $0 |
| Other Inv. Act. | $7,100 | $700 | -$1,800 | -$220,300 |
| Investing Cash Flow | -$13,900 | $23,200 | -$22,500 | -$299,200 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$58,200 | -$39,900 | $74,000 | $29,500 |
| Stock Issued | $33,200 | $0 | $0 | $10,500 |
| Stock Repurch. | $0 | -$7,000 | $0 | -$10,400 |
| Dividends Paid | -$1,200 | -$2,200 | -$5,200 | $0 |
| Other Fin. Act. | -$300 | -$300 | -$700 | -$11,800 |
| Financing Cash Flow | -$26,500 | -$49,400 | $68,100 | $17,800 |
| Forex Effect | -$1,700 | $700 | -$1,400 | $194,100 |
| Net Chg. in Cash | -$33,000 | $1,000 | $34,700 | $2,200 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $82,300 | $80,700 | $47,500 | $45,300 |
| End Cash | $49,300 | $81,700 | $82,200 | $47,500 |
| Free Cash Flow | -$9,900 | $8,100 | -$30,200 | $65,400 |