VATE RSI Chart
Last 7 days
-5%
Last 30 days
-12.3%
Last 90 days
-43.6%
Trailing 12 Months
-79.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.5B | 1.5B | 1.5B | 1.4B |
2022 | 1.4B | 1.6B | 1.6B | 1.6B |
2021 | 702.1M | 764.1M | 988.4M | 1.2B |
2020 | 987.0M | 897.0M | 806.9M | 716.9M |
2019 | 1.8B | 1.8B | 1.7B | 1.1B |
2018 | 1.7B | 1.8B | 1.9B | 1.8B |
2017 | 1.6B | 1.6B | 1.6B | 1.6B |
2016 | 1.3B | 1.3B | 1.5B | 1.6B |
2015 | 705.9M | 890.3M | 984.5M | 1.1B |
2014 | 215.3M | 253.2M | 375.4M | 547.4M |
2013 | 265.2M | 251.0M | 241.1M | 230.7M |
2012 | 315.8M | 313.5M | 310.2M | 303.0M |
2011 | 284.4M | 286.7M | 289.0M | 291.4M |
2010 | 0 | 0 | 0 | 282.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 24, 2024 | voigt paul | acquired | 258,391 | 0.7 | 369,130 | interim ceo |
Apr 24, 2024 | sena michael j. | acquired | 79,999 | 0.7 | 114,285 | chief financial officer |
Apr 24, 2024 | gfeller warren h | acquired | 44,399 | 0.7 | 63,428 | - |
Mar 15, 2024 | sena michael j. | sold | -26,697 | 0.6217 | -42,942 | cfo and corporate secretary |
Mar 14, 2024 | sena michael j. | acquired | - | - | 716,030 | cfo and corporate secretary |
Mar 14, 2024 | sena michael j. | sold | -16,008 | 0.6856 | -23,350 | cfo and corporate secretary |
Jun 15, 2023 | wilkinson amy marie | acquired | - | - | 46,392 | - |
Jun 15, 2023 | goldstein brian steven | acquired | - | - | 46,392 | - |
Jun 15, 2023 | gfeller warren h | acquired | - | - | 46,392 | - |
Jun 15, 2023 | glazer avram a | acquired | - | - | 46,392 | - |
Which funds bought or sold VATE recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | AMALGAMATED BANK | reduced | -65.21 | -4,000 | 1,000 | -% |
Apr 22, 2024 | PFG Investments, LLC | new | - | 63,063 | 63,063 | -% |
Apr 18, 2024 | Capital Advisors, Ltd. LLC | sold off | -100 | - | - | -% |
Apr 16, 2024 | Shulman DeMeo Asset Management LLC | unchanged | - | -14,355 | 19,004 | -% |
Apr 16, 2024 | Stratos Wealth Advisors, LLC | unchanged | - | -82,041 | 108,609 | 0.01% |
Apr 05, 2024 | CWM, LLC | unchanged | - | -5,000 | 6,000 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 1.1 | -893,233 | 2,950,410 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 99.22 | 2,293,460 | 6,767,680 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.4 | -10,699 | 33,188 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 34.21 | - | 18,000 | -% |
Unveiling Elev8 Brands, Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Elev8 Brands, Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GE | 176.4B | 69.5B | 50.25 | 2.54 | ||||
CAT | 172.6B | 67.1B | 16.7 | 2.57 | ||||
CMI | 41.4B | 34.1B | 49.23 | 1.21 | ||||
AME | 41.1B | 6.6B | 31.28 | 6.23 | ||||
ACM | 12.7B | 14.9B | 205.98 | 0.85 | ||||
MID-CAP | ||||||||
APG | 9.2B | 6.9B | 60.14 | 1.33 | ||||
FLR | 6.9B | 15.5B | 49.99 | 0.45 | ||||
FLS | 6.1B | 4.3B | 32.57 | 1.41 | ||||
ACA | 3.7B | 2.3B | 23.42 | 1.62 | ||||
ALG | 2.4B | 1.7B | 17.62 | 1.42 | ||||
SMALL-CAP | ||||||||
AMRC | 1.1B | 1.4B | 17.51 | 0.8 | ||||
AGX | 811.0M | 573.3M | 25.06 | 1.41 | ||||
NKLA | 801.4M | 35.8M | -0.83 | 22.36 | ||||
AMSC | 364.5M | 135.4M | -22.23 | 2.69 | ||||
ADES | 259.9M | 99.2M | -21.22 | 2.62 |
Elev8 Brands, Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -3.8% | 361,000,000 | 375,300,000 | 368,800,000 | 317,900,000 | 409,300,000 | 423,000,000 | 392,200,000 | 412,800,000 | 394,800,000 | 394,800,000 | 243,800,000 | 171,800,000 | 178,000,000 | 170,500,000 | 181,800,000 | 186,600,000 | 307,050,000 | 427,500,000 | 479,200,000 | 449,000,000 | 330,550,000 |
Cost Of Revenue | -5.3% | 299,900,000 | 316,600,000 | 316,200,000 | 274,300,000 | 346,400,000 | 364,600,000 | 341,900,000 | 363,000,000 | 333,100,000 | 339,700,000 | 207,400,000 | 141,300,000 | 140,800,000 | 138,800,000 | 152,100,000 | 156,800,000 | -380,400,000 | 301,300,000 | 350,600,000 | 324,500,000 | 406,000,000 |
Gross Profit | 4.1% | 61,100,000 | 58,700,000 | 52,600,000 | 43,600,000 | 62,900,000 | 58,400,000 | 50,300,000 | 49,800,000 | 61,700,000 | 55,100,000 | 36,400,000 | 30,500,000 | 37,200,000 | 31,700,000 | 29,700,000 | 29,800,000 | - | - | - | - | - |
Costs and Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | -229,200,000 | 395,400,000 | 372,100,000 | 471,600,000 | -237,300,000 | 420,000,000 | 445,600,000 | 423,400,000 | - |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 466,100,000 | 487,700,000 | 469,800,000 | 537,050,000 |
S&GA Expenses | -5.5% | 41,400,000 | 43,800,000 | 41,100,000 | 41,700,000 | 49,800,000 | 45,600,000 | 42,100,000 | 42,600,000 | 47,400,000 | 44,300,000 | 39,500,000 | 37,100,000 | 36,300,000 | 33,900,000 | 36,400,000 | 38,900,000 | 33,500,000 | 50,700,000 | 46,200,000 | 46,900,000 | 38,150,000 |
EBITDA Margin | 7.4% | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.02 | 0.00 | 0.00 | -0.02 | 0.06 | - | - | - | - | - | - | - | - | - |
Interest Expenses | 12.3% | 19,200,000 | 17,100,000 | 16,300,000 | 15,600,000 | 13,600,000 | 13,300,000 | 12,500,000 | 12,600,000 | 12,500,000 | 12,800,000 | 12,400,000 | 21,400,000 | 18,600,000 | 17,900,000 | 19,100,000 | 19,200,000 | 18,100,000 | 20,100,000 | 19,100,000 | 18,800,000 | 15,700,000 |
Income Taxes | 18.2% | 1,300,000 | 1,100,000 | 1,200,000 | 900,000 | -700,000 | -2,000,000 | 2,000,000 | 1,600,000 | 1,800,000 | 100,000 | 2,600,000 | 1,100,000 | 3,300,000 | 1,400,000 | 12,000,000 | -9,700,000 | -25,800,000 | 1,100,000 | 1,100,000 | 4,000,000 | 300,000 |
Earnings Before Taxes | -24.0% | -9,300,000 | -7,500,000 | -10,500,000 | -7,100,000 | -8,000,000 | -8,700,000 | -11,900,000 | -12,500,000 | -3,700,000 | -14,100,000 | -21,100,000 | -41,800,000 | -11,700,000 | -28,400,000 | 33,000,000 | -39,600,000 | -56,300,000 | -7,800,000 | 18,000,000 | 4,300,000 | 2,300,000 |
EBT Margin | -7.5% | -0.02 | -0.02 | -0.02 | -0.02 | -0.03 | -0.02 | -0.03 | -0.04 | -0.07 | -0.09 | -0.13 | -0.07 | - | - | - | - | - | - | - | - | - |
Net Income | -32.9% | -9,300,000 | -7,000,000 | -9,900,000 | -9,000,000 | -5,700,000 | -5,400,000 | -12,400,000 | -12,400,000 | -4,700,000 | -211,900,000 | -23,500,000 | 12,600,000 | -4,700,000 | -17,300,000 | 13,100,000 | -83,100,000 | -31,000,000 | -7,100,000 | 9,400,000 | -2,800,000 | -16,100,000 |
Net Income Margin | -Infinity% | -0.02 | - | -0.02 | -0.02 | -0.02 | -0.02 | -0.15 | -0.17 | -0.19 | -0.23 | -0.04 | 0.01 | -0.13 | - | - | - | - | - | - | - | - |
Free Cashflow | 177.9% | 56,700,000 | 20,400,000 | 11,700,000 | -80,700,000 | 58,300,000 | -37,000,000 | 16,500,000 | -68,000,000 | 32,500,000 | -21,200,000 | -2,700,000 | -5,700,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -4.8% | 1,044 | 1,096 | 1,080 | 1,044 | 1,152 | 1,165 | 1,106 | 1,112 | 1,081 | 1,222 | 6,936 | 6,406 | 6,724 | 6,688 | 6,633 | 6,339 | 6,958 | 6,946 | 6,883 | 6,682 | 6,504 |
Current Assets | -6.3% | 518 | 553 | 531 | 487 | 536 | 544 | 482 | 477 | 443 | 592 | 6,288 | 5,920 | 6,227 | - | - | - | - | - | - | - | - |
Cash Equivalents | 45.1% | 81.00 | 56.00 | 29.00 | 17.00 | 80.00 | 26.00 | 25.00 | 26.00 | 46.00 | 56.00 | 18.00 | 54.00 | 44.00 | 28.00 | 24.00 | 15.00 | 23.00 | 263 | 271 | 294 | 301 |
Inventory | 20.4% | 22.00 | 19.00 | 20.00 | 21.00 | 19.00 | 21.00 | 20.00 | 20.00 | 17.00 | 17.00 | - | - | 10.00 | - | - | - | - | - | - | - | - |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 214 | 220 | 223 | 224 | 406 | 416 | 377 | 184 |
Goodwill | 0.2% | 127 | 127 | 127 | 127 | 127 | 127 | 127 | 128 | 127 | 123 | 121 | 111 | 111 | 113 | 113 | 112 | 110 | 177 | 178 | 172 | 151 |
Liabilities | -3.5% | 1,180 | 1,223 | 1,198 | 1,150 | 1,181 | 1,194 | 1,126 | 1,115 | 1,069 | 1,206 | 6,418 | 5,975 | 6,108 | 6,253 | 6,249 | 6,260 | 6,493 | 6,423 | 6,432 | 6,333 | 6,282 |
Current Liabilities | -25.8% | 414 | 558 | 619 | 375 | 417 | 498 | 462 | 442 | 440 | 533 | 5,734 | 5,470 | 5,933 | - | - | - | - | - | - | - | - |
Long Term Debt | 15.8% | 679 | 587 | 520 | 664 | 684 | 628 | 594 | 601 | 557 | 603 | 606 | 463 | 128 | 646 | 128 | 128 | 724 | - | - | - | 677 |
LT Debt, Current | -81.3% | 31.00 | 163 | 222 | 33.00 | 31.00 | 81.00 | 73.00 | 80.00 | 70.00 | 71.00 | 70.00 | 83.00 | 434 | - | 434 | 434 | - | - | - | - | - |
Shareholder's Equity | -Infinity% | -151 | - | - | - | -90.60 | - | - | - | -56.20 | - | 512 | 414 | 600 | 413 | 365 | 61.00 | 444 | 501 | 431 | 332 | 194 |
Retained Earnings | -1.9% | -487 | -478 | -471 | -461 | -452 | -446 | -441 | -428 | -416 | -411 | -199 | -176 | -188 | -184 | -166 | -179 | -96.70 | -62.00 | -54.90 | -64.30 | -57.20 |
Additional Paid-In Capital | 0.1% | 328 | 328 | 327 | 327 | 330 | 330 | 331 | 331 | 331 | 331 | 355 | 356 | 356 | 294 | 289 | 283 | 281 | 273 | 271 | 264 | 261 |
Shares Outstanding | 0% | 79.00 | 79.00 | 79.00 | 79.00 | 79.00 | 78.00 | 77.00 | 77.00 | 78.00 | 77.00 | 77.00 | 77.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | -39.2% | 14.00 | 23.00 | 23.00 | 23.00 | 31.00 | 27.00 | 27.00 | 27.00 | 28.00 | 28.00 | 23.00 | 24.00 | 40.00 | 41.00 | 46.00 | 46.00 | 94.00 | 97.00 | 101 | 99.00 | 106 |
Float | - | - | - | 86.00 | - | - | - | 85.00 | - | - | - | 194 | - | - | - | 129 | - | - | - | 102 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 134.5% | 61,200 | 26,100 | 16,200 | -77,000 | 62,700 | -29,500 | 20,700 | -63,400 | 41,600 | -14,200 | 2,100 | -2,500 | -36,300 | 29,600 | 12,500 | 35,300 | 15,000 | 58,900 | -1,300 | 38,100 | 204,700 |
Share Based Compensation | -75.0% | 200 | 800 | 700 | 500 | 700 | 400 | 500 | 800 | 700 | 400 | 800 | 500 | 400 | 800 | 300 | 1,400 | 400 | 2,100 | 2,100 | 1,700 | -1,000 |
Cashflow From Investing | 61.8% | -2,100 | -5,500 | -4,500 | 51,200 | -4,200 | -6,800 | -4,100 | -7,400 | -8,300 | -183,700 | -99,100 | 67,900 | 91,700 | -68,500 | 78,800 | 60,100 | -62,100 | -46,900 | -96,200 | -58,400 | -750,000 |
Cashflow From Financing | -617.9% | -34,700 | 6,700 | 700 | -38,000 | -5,100 | 38,400 | -16,400 | 51,200 | -50,300 | -11,400 | 101,900 | -35,900 | 19,300 | -1,200 | -74,400 | -148,200 | 9,000 | -15,600 | 75,400 | -6,400 | 39,500 |
Dividend Payments | 100.0% | 400 | 200 | - | 1,200 | 1,300 | 1,200 | 300 | 2,400 | 900 | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | |
---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | |
Income Statement [Abstract] | ||
Revenue | $ 1,423.0 | $ 1,637.3 |
Cost of revenue | 1,207.0 | 1,415.9 |
Gross profit | 216.0 | 221.4 |
Operating expenses: | ||
Selling, general and administrative | 168.0 | 180.1 |
Depreciation and amortization | 20.2 | 27.2 |
Other operating loss | 1.3 | 0.7 |
Income from operations | 26.5 | 13.4 |
Other (expense) income: | ||
Interest expense | (68.2) | (52.0) |
Loss from equity investees | (9.4) | (1.3) |
Other income (expense), net | 16.7 | (1.2) |
Loss from operations before income taxes | (34.4) | (41.1) |
Income tax expense | (4.5) | (0.9) |
Net loss | (38.9) | (42.0) |
Net loss attributable to non-controlling interests and redeemable non-controlling interests | 3.7 | 6.1 |
Net loss attributable to INNOVATE Corp. | (35.2) | (35.9) |
Less: Preferred dividends | 2.4 | 4.9 |
Net loss attributable to common stockholders, basic | (37.6) | (40.8) |
Net loss attributable to common stockholders, diluted | $ (37.6) | $ (40.8) |
Loss per share - basic and diluted | ||
Basic (in usd per share) | $ (0.48) | $ (0.53) |
Diluted (in usd per share) | $ (0.48) | $ (0.53) |
Weighted average common shares outstanding - basic and diluted | ||
Basic (in shares) | 78.1 | 77.5 |
Diluted (in shares) | 78.1 | 77.5 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 80.8 | $ 80.4 |
Accounts receivable, net | 278.4 | 254.9 |
Contract assets | 118.6 | 165.1 |
Inventory | 22.4 | 18.9 |
Assets held for sale | 3.1 | 0.0 |
Other current assets | 14.6 | 17.1 |
Total current assets | 517.9 | 536.4 |
Investments | 1.8 | 59.5 |
Deferred tax asset | 2.0 | 1.7 |
Property, plant and equipment, net | 154.6 | 165.0 |
Goodwill | 127.1 | 127.1 |
Intangibles, net | 178.9 | 190.1 |
Other assets | 61.3 | 71.9 |
Total assets | 1,043.6 | 1,151.7 |
Current liabilities | ||
Accounts payable | 142.9 | 202.5 |
Accrued liabilities | 70.8 | 65.4 |
Current portion of debt obligations | 30.5 | 30.6 |
Contract liabilities | 153.5 | 98.6 |
Other current liabilities | 16.1 | 20.1 |
Total current liabilities | 413.8 | 417.2 |
Deferred tax liability | 4.1 | 9.1 |
Debt obligations | 679.3 | 683.8 |
Other liabilities | 82.7 | 71.2 |
Total liabilities | 1,179.9 | 1,181.3 |
Commitments and contingencies | ||
Temporary equity | ||
Redeemable non-controlling interest | (1.0) | 43.4 |
Total temporary equity | 15.4 | 61.0 |
Stockholders’ deficit | ||
Common stock, [$0.000] par value — 0.1 Shares authorized:[0] as of both December 31, 2023 and December 31, 2022 Shares issued: [0] and 80,216,028 as of December 31, 2023 and December 31, 2022, respectively Shares outstanding: [0] and 78,787,768 as of December 31, 2023 and December 31, 2022, respectively | 0.1 | 0.1 |
Additional paid-in capital | 328.2 | 330.1 |
Treasury stock, at cost: 1,487,992 and 1,428,260 shares as of December 31, 2023 and 2022, respectively | (5.4) | (5.3) |
Accumulated deficit | (487.3) | (452.1) |
Accumulated other comprehensive (loss) income | (1.1) | 5.9 |
Total INNOVATE Corp. stockholders’ deficit | (165.5) | (121.3) |
Non-controlling interest | 13.8 | 30.7 |
Total stockholders’ deficit | (151.7) | (90.6) |
Total liabilities, temporary equity and stockholders’ deficit | 1,043.6 | 1,151.7 |
Series A-3 and A-4 Preferred Stock | ||
Temporary equity | ||
Preferred stock Series A-3 and Series A-4, [$0.000] par value — 17.6 Shares authorized: [0] as of both December 31, 2023 and December 31, 2022 Shares issued and outstanding: [0] of Series A-3 and [0] of Series A-4 as of both December 31, 2023 and December 31, 2022 | $ 16.4 | $ 17.6 |
 | innovatecorp.com |
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 | Apparel Manufacturing |
 | 3565 |