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Innovate VATE Exit fee payable

Discontinued — last reported Q1 '24

Segments

By segment

Spectrum$25.8M+62.3%

Other financials

Income statement

Revenue$364.8M+33.0%

Gross profit$53.5M+17.6%

Operating income$10.0M+194%

Net income-$16.8M+31.4%

EPS (diluted)-$1.29+31.7%

Balance sheet

Cash & equivalents$134.6M+297%

Total debt$1.4B+11.6%

Total equity-$256.3M-25.5%

Total assets$936.8M+7.9%

Cash flow

Operating cash flow$45.5M+423%

CapEx$200.0K-95.7%

Free cash flow$45.3M+341%

Valuation

Market cap$254.69M+196%

Enterprise value$1.52B+21.4%

P/S0.2×+0.1×

Profitability

Gross margin15.5%-3.8pp

Operating margin2.6%-1.2pp

Net margin-4%0.0pp

FCF margin15.7%—

Returns & leverage

Return on equity-8.1%—

Debt / equity1.7×—

Current ratio0.4×0.0×

Where this comes from

Reported directly by Innovate in its filing.

Tagged under the XBRL concept vate:ExitFeesPayable.

The official record: Innovate’s 10-Q, filed May 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innovate's exit fee payable?: Innovate (VATE) reported exit fee payable of $15.9M in Q1 2024.