INNOVATE Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.56B | $1.12B | $547.4M | $230.7M | $303.0M | $412.0M | $282.0M |
| Cost of Revenue | $1.31B | $1.25B | $982.6M | $296.5M | $220.3M | $285.6M | $389.4M | $134.9M |
| Gross Profit | $321.0M | $304.1M | $138.2M | $250.9M | $10.4M | $17.3M | $22.6M | $147.1M |
| Gross Margin | 19.6% | 19.5% | 12.3% | 45.8% | 4.5% | 5.7% | 5.5% | 52.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $182.8M | $152.9M | $108.5M | $80.2M | $34.7M | $45.2M | $42.3M | $113.0M |
| Operating Income | $-1.1M | $-1.5M | $713.0K | $-14.0M | $-39.1M | $-51.9M | $-41.2M | $-5.9M |
| Operating Margin | -0.1% | -0.1% | 0.1% | -2.6% | -17.0% | -17.1% | -10.0% | -2.1% |
| Interest Expense | $55.1M | $43.4M | $39.0M | $12.3M | $8.0K | $27.0K | $94.0K | $35.3M |
| Pretax Income | $-39.8M | $-45.8M | $-46.6M | $-34.6M | $-25.1M | $-48.0M | $-42.5M | $-48.5M |
| Income Tax Expense | $10.7M | $51.6M | $-10.9M | $-22.9M | $-7.4M | $-3.1M | $1.1M | $-6.5M |
| Net Income | $-46.9M | $-94.5M | $-35.6M | $-14.4M | $111.6M | $27.9M | $-38.7M | $-19.1M |
| Net Margin | -2.9% | -6.1% | -3.2% | -2.6% | 48.4% | 9.2% | -9.4% | -6.8% |
| EPS (Basic) | $-1.16 | $-2.83 | $-1.50 | $-0.83 | $7.95 | $2.02 | $-2.98 | $-1.96 |
| EPS (Diluted) | $-1.16 | $-2.83 | $-1.50 | $-0.83 | $7.95 | $2.02 | $-2.98 | $-1.96 |
| Shares Outstanding (Basic) | 42.8M | 37.3M | 26.5M | 19.7M | 14.0M | 13.8M | 13.0M | 9.7M |
| Shares Outstanding (Diluted) | 42.8M | 37.3M | 26.5M | 19.7M | 14.0M | 13.8M | 13.0M | 9.7M |
| Dividends Per Share | — | — | $0.00 | $0.00 | $8.58 | $4.09 | — | — |