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VATE INNOVATE Corp
- Stocks
- Communication Services
- NYSE: VATE
Price (delayed)
$5.92
Market cap
$78.64M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$3.36
Enterprise value
$708.74M
HC2 Holdings, Inc.has a class-leading portfolio of assets primarily in Infrastructure, Life Sciences, Spectrum and Insurance. HC2 is headquartered in New York, New York and through its subsidiaries employs more
Highlights
The company's gross margin rose by 24% YoY and by 2.1% QoQ
INNOVATE's EPS has increased by 41% YoY but it has decreased by 9% QoQ
The net income has contracted by 21% from the previous quarter but it has grown by 4.4% YoY
The company's quick ratio has shrunk by 74% YoY and by 54% QoQ
The revenue has declined by 25% year-on-year and by 3.7% since the previous quarter
Key stats
What are the main financial stats of VATE
Market
Valuations
Earnings
Shares outstanding
13.28M
Market cap
$78.64M
Enterprise value
$708.74M
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.07
EV/EBIT
15.44
EV/EBITDA
9.05
EV/Sales
0.66
Revenue
$1.07B
Gross profit
$205.7M
Operating income
$40.6M
Net income
-$41.7M
EBIT
$45.9M
EBITDA
$78.3M
Free cash flow
$10.4M
Per share
Balance sheet
Liquidity
EPS
-$3.36
EPS diluted
-$3.46
Free cash flow per share
$0.79
Book value per share
-$15.37
Revenue per share
$81.29
TBVPS
$43.53
Total assets
$868M
Total liabilities
$1.04B
Debt
$663.4M
Equity
-$204.2M
Working capital
-$476.1M
Debt to equity
-3.25
Current ratio
0.44
Quick ratio
0.23
Net debt/EBITDA
8.05
Margins
Efficiency
Dividend
EBITDA margin
7.3%
Gross margin
19.3%
Net margin
-3.9%
Operating margin
3.8%
Return on assets
-4.8%
Return on equity
N/A
Return on invested capital
6.6%
Return on capital employed
225%
Return on sales
4.3%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
VATE stock price
How has the INNOVATE stock price performed over time
Intraday
-7.79%
1 week
-3.74%
1 month
-0.34%
1 year
-25.06%
YTD
19.84%
QTD
-24.39%
Financial performance
How have INNOVATE's revenue and profit performed over time
Revenue
$1.07B
Gross profit
$205.7M
Operating income
$40.6M
Net income
-$41.7M
Gross margin
19.3%
Net margin
-3.9%
The operating margin has surged by 65% year-on-year and by 6% since the previous quarter
The net margin has contracted by 26% from the previous quarter and by 26% YoY
The revenue has declined by 25% year-on-year and by 3.7% since the previous quarter
The company's gross margin rose by 24% YoY and by 2.1% QoQ
Price vs fundamentals
How does VATE's price correlate with its fundamentals
Growth
What is INNOVATE's growth rate over time
Valuation
What is INNOVATE stock price valuation
P/E
N/A
P/B
N/A
P/S
0.07
EV/EBIT
15.44
EV/EBITDA
9.05
EV/Sales
0.66
INNOVATE's EPS has increased by 41% YoY but it has decreased by 9% QoQ
The equity has declined by 13% since the previous quarter and by 11% year-on-year
The P/S is 65% below the 5-year quarterly average of 0.2 and 30% below the last 4 quarters average of 0.1
The revenue has declined by 25% year-on-year and by 3.7% since the previous quarter
Efficiency
How efficient is INNOVATE business performance
INNOVATE's return on sales has surged by 87% YoY and by 2.4% QoQ
The return on invested capital has surged by 83% year-on-year and by 20% since the previous quarter
INNOVATE's return on assets has decreased by 23% QoQ and by 12% YoY
Dividends
What is VATE's dividend history
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
Dividend history
Special dividends are included in TTM DPS and yield
Financial health
How did INNOVATE financials performed over time
VATE's total assets is 16% lower than its total liabilities
The company's quick ratio has shrunk by 74% YoY and by 54% QoQ
The current ratio has plunged by 64% YoY and by 46% from the previous quarter
The equity has declined by 13% since the previous quarter and by 11% year-on-year
INNOVATE's debt to equity has increased by 11% QoQ and by 11% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.