Innovate Corp (VATE) Company Profile & Statistics

Innovate Corp
VATE
(NYSE)
Open
6.10
+1.28 (+26.56%)
in:usd•As of: Nov 22, 2024 14:58 UTC -5
Open
5.34
High
6.42
Low
5.29

About Innovate Corp

CEO

Paul K. Voigt

Headquarters

222 lakeview ave., suite 1660

west palm beach, fl 33401, united states

Auditor

BDO USA, P.C.

Employees

4,024

Share Holders

Website

www.innovatecorp.com

Industry

engineering and construction

Sector

industrial services

Company Overview

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.

Innovate Corp Statistics

Valuation Measures

Market Capitalization ²	80.89M
Enterprise Value	721.49M
Enterprise Value/EBITDA (ttm)	7.82
Price to Earnings Ratio (ttm)	N/A
Price to Book (mrq)	N/A
Price to Sales (ttm)	0.04
Price to Cash (ytd)	3.96

Profitability

Gross Margin (ttm)	18.30%
Operating Margin (ttm)	-2.22%
Profit Margin (ttm)	-2.52%
Return on Equity (ttm)	N/A
Return on Invested Capital (ttm)	-7.57%
Return on Assets (ttm)	-2.89%

Income Statement

Revenue (ttm)	1.23B
Revenue Per Share (ttm)	92.86
Gross Profit (ttm)	223.50M
EBITDA (ttm)³	92.30M
Net Income Avi to Common (ttm)	-28.50M
Diluted EPS (ttm)	-3.58

Share Statistics

Beta (5Y Monthly)	2.38
52-Week Change	-39.17%
S&P500 52-Week Change	30.90%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	13.26M
Dividend Yield	0.00%
Float ⁴	5.94M
% Held by Insiders	55.20%
% Held by Institutions	34.28%

Balance Sheet

Total Cash (mrq)	51.00M
Total Cash Per Share (mrq)	3.85
Total Debt (mrq)	691.60M
Total Debt/Equity (mrq)	-553.28%
Current Ratio (mrq)	0.85%
Quick Ratio (mrq)	0.81%
Book Value Per Share (mrq)	-9.49

Cash Flow

Operating Cash Flow Per Share (ytd)	-2.49
Free Cash Flow (ytd)	-34.20M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Innovate Corp

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