InnovAge Historical Income Statement

INNV Stock

USD 3.95 0.22 5.90%

Historical analysis of InnovAge Holding income statement accounts such as Total Revenue of 922.4 M or Gross Profit of 88.7 M can show how well InnovAge Holding Corp performed in making a profits. Evaluating InnovAge Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of InnovAge Holding's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining InnovAge Holding Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether InnovAge Holding Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnovAge Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About InnovAge Income Statement Analysis

InnovAge Holding Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to InnovAge Holding shareholders. The income statement also shows InnovAge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

InnovAge Holding Income Statement Chart

At this time, InnovAge Holding's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 922.4 M in 2025, whereas Gross Profit is likely to drop slightly above 88.7 M in 2025.

Selling General Administrative Total Revenue Gross Profit Research Development

Total Revenue

Total revenue comprises all receipts InnovAge Holding Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of InnovAge Holding Corp minus its cost of goods sold. It is profit before InnovAge Holding operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from InnovAge Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into InnovAge Holding Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnovAge Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Gross Profit	101.3M	132.1M	151.9M	88.7M
Total Revenue	688.1M	763.9M	878.4M	922.4M

Gross Profit Total Revenue

InnovAge Holding income statement Correlations

	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Cost Of Revenue	Non Recurring	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Net Interest Income	Depreciation And Amortization	Selling And Marketing Expenses	Other Operating Expenses	Ebitda	Reconciled Depreciation	Minority Interest
Selling General Administrative		0.91	0.93	-0.3	-0.53	-0.33	0.44	0.9	-0.26	1.0	-0.47	-0.3	-0.54	0.22	-0.74	0.78	0.88	0.86	0.91	-0.86	0.89	-0.94
Total Revenue	0.91		0.91	-0.19	-0.45	-0.16	0.33	1.0	-0.54	0.92	-0.28	-0.2	-0.33	0.27	-0.66	0.66	0.87	0.87	0.9	-0.77	0.88	-0.87
Gross Profit	0.93	0.91		0.06	-0.27	0.03	0.49	0.89	-0.24	0.95	-0.13	-0.52	-0.24	0.52	-0.55	0.55	0.73	0.79	0.78	-0.64	0.76	-0.81
Operating Income	-0.3	-0.19	0.06		0.73	0.98	0.13	-0.23	0.26	-0.25	0.93	-0.61	0.84	0.74	0.59	-0.7	-0.53	-0.35	-0.5	0.7	-0.49	0.51
Net Income From Continuing Ops	-0.53	-0.45	-0.27	0.73		0.71	-0.09	-0.49	0.19	-0.49	0.69	-0.39	0.62	0.56	0.9	-0.88	-0.59	-0.5	-0.61	0.77	-0.58	0.62
Ebit	-0.33	-0.16	0.03	0.98	0.71		0.1	-0.2	0.19	-0.28	0.97	-0.47	0.91	0.67	0.61	-0.73	-0.49	-0.32	-0.47	0.72	-0.45	0.53
Research Development	0.44	0.33	0.49	0.13	-0.09	0.1		0.32	0.28	0.45	0.04	-0.37	-0.01	0.23	-0.26	0.23	0.3	0.26	0.29	-0.25	0.29	-0.31
Cost Of Revenue	0.9	1.0	0.89	-0.23	-0.49	-0.2	0.32		-0.56	0.91	-0.3	-0.14	-0.35	0.21	-0.67	0.67	0.89	0.88	0.91	-0.79	0.89	-0.88
Non Recurring	-0.26	-0.54	-0.24	0.26	0.19	0.19	0.28	-0.56		-0.26	0.18	-0.27	0.18	-0.05	0.22	-0.27	-0.44	-0.52	-0.48	0.37	-0.48	0.41
Total Operating Expenses	1.0	0.92	0.95	-0.25	-0.49	-0.28	0.45	0.91	-0.26		-0.43	-0.32	-0.51	0.27	-0.71	0.75	0.87	0.87	0.91	-0.83	0.88	-0.94
Income Before Tax	-0.47	-0.28	-0.13	0.93	0.69	0.97	0.04	-0.3	0.18	-0.43		-0.28	0.98	0.51	0.64	-0.79	-0.55	-0.39	-0.54	0.81	-0.51	0.63
Total Other Income Expense Net	-0.3	-0.2	-0.52	-0.61	-0.39	-0.47	-0.37	-0.14	-0.27	-0.32	-0.28		-0.11	-0.81	-0.11	0.08	0.13	0.04	0.08	-0.03	0.12	0.09
Net Income	-0.54	-0.33	-0.24	0.84	0.62	0.91	-0.01	-0.35	0.18	-0.51	0.98	-0.11		0.33	0.63	-0.81	-0.54	-0.44	-0.56	0.82	-0.52	0.7
Income Tax Expense	0.22	0.27	0.52	0.74	0.56	0.67	0.23	0.21	-0.05	0.27	0.51	-0.81	0.33		0.27	-0.24	-0.11	0.16	-0.01	0.2	-0.01	-0.09
Tax Provision	-0.74	-0.66	-0.55	0.59	0.9	0.61	-0.26	-0.67	0.22	-0.71	0.64	-0.11	0.63	0.27		-0.94	-0.69	-0.67	-0.74	0.86	-0.7	0.8
Net Interest Income	0.78	0.66	0.55	-0.7	-0.88	-0.73	0.23	0.67	-0.27	0.75	-0.79	0.08	-0.81	-0.24	-0.94		0.73	0.7	0.78	-0.94	0.74	-0.88
Depreciation And Amortization	0.88	0.87	0.73	-0.53	-0.59	-0.49	0.3	0.89	-0.44	0.87	-0.55	0.13	-0.54	-0.11	-0.69	0.73		0.88	0.98	-0.86	0.98	-0.89
Selling And Marketing Expenses	0.86	0.87	0.79	-0.35	-0.5	-0.32	0.26	0.88	-0.52	0.87	-0.39	0.04	-0.44	0.16	-0.67	0.7	0.88		0.96	-0.74	0.96	-0.91
Other Operating Expenses	0.91	0.9	0.78	-0.5	-0.61	-0.47	0.29	0.91	-0.48	0.91	-0.54	0.08	-0.56	-0.01	-0.74	0.78	0.98	0.96		-0.87	1.0	-0.95
Ebitda	-0.86	-0.77	-0.64	0.7	0.77	0.72	-0.25	-0.79	0.37	-0.83	0.81	-0.03	0.82	0.2	0.86	-0.94	-0.86	-0.74	-0.87		-0.83	0.92
Reconciled Depreciation	0.89	0.88	0.76	-0.49	-0.58	-0.45	0.29	0.89	-0.48	0.88	-0.51	0.12	-0.52	-0.01	-0.7	0.74	0.98	0.96	1.0	-0.83		-0.93
Minority Interest	-0.94	-0.87	-0.81	0.51	0.62	0.53	-0.31	-0.88	0.41	-0.94	0.63	0.09	0.7	-0.09	0.8	-0.88	-0.89	-0.91	-0.95	0.92	-0.93

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InnovAge Holding Account Relationship Matchups

InnovAge Holding income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	16.8M	2.5M	1.5M	4.0M	4.6M	5.4M
Selling General Administrative	132.3M	101.7M	115.6M	111.3M	128.0M	65.7M
Total Revenue	637.8M	698.6M	688.1M	763.9M	878.4M	922.4M
Gross Profit	174.1M	135.4M	101.3M	132.1M	151.9M	88.7M
Operating Income	(3.7M)	(4.7M)	(49.4M)	(23.2M)	(20.9M)	(19.8M)
Net Income From Continuing Ops	(8.0M)	(43.6M)	(40.8M)	(23.2M)	(20.9M)	(19.9M)
Ebit	(18.2M)	(4.7M)	(49.3M)	(17.8M)	(16.0M)	(15.2M)
Cost Of Revenue	463.7M	563.3M	586.8M	631.8M	726.6M	762.9M
Total Operating Expenses	185.1M	139.8M	150.7M	155.2M	178.5M	90.4M
Income Before Tax	(35.0M)	(7.2M)	(50.8M)	(21.8M)	(19.6M)	(18.7M)
Total Other Income Expense Net	(22.6M)	(2.8M)	(1.4M)	1.4M	1.2M	1.3M
Net Income Applicable To Common Shares	19.6M	26.3M	(6.5M)	(40.7M)	(36.6M)	(34.8M)
Net Income	(44.7M)	(8.0M)	(40.7M)	(21.3M)	(19.2M)	(18.2M)
Income Tax Expense	9.8M	723K	(7.2M)	1.4M	1.6M	2.2M
Tax Provision	723K	(7.2M)	(3.5M)	1.4M	1.3M	1.0M
Net Interest Income	(2.5M)	(1.5M)	(1.6M)	(4.0M)	(4.6M)	(4.9M)
Depreciation And Amortization	12.3M	13.9M	20.0M	19.0M	21.8M	15.4M
Selling And Marketing Expenses	22.2M	24.2M	19.6M	25.0M	28.7M	23.2M
Other Operating Expenses	648.8M	703.0M	737.5M	787.0M	905.1M	699.9M
Ebitda	(5.9M)	9.2M	(29.2M)	1.2M	1.0M	986.7K
Reconciled Depreciation	13.9M	15.4M	16.3M	19.0M	21.8M	15.6M
Minority Interest	1.4M	2.9M	2.9M	1.9M	1.7M	3.1M

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InnovAge Historical Income Statement

About InnovAge Income Statement Analysis

InnovAge Holding Income Statement Chart

Total Revenue

Gross Profit

InnovAge Holding income statement Correlations

InnovAge Holding Account Relationship Matchups

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High Negative Relationship

InnovAge Holding income statement Accounts

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Total Operating Expenses	+ 1.0	Selling General Administrative
Cost Of Revenue	+ 1.0	Total Revenue
Reconciled Depreciation	+ 1.0	Other Operating Expenses
Ebit	+ 0.98	Operating Income
Net Income	+ 0.98	Income Before Tax
Other Operating Expenses	+ 0.98	Depreciation And Amortization

Minority Interest	- 0.95	Other Operating Expenses
Ebitda	- 0.94	Net Interest Income
Net Interest Income	- 0.94	Tax Provision
Minority Interest	- 0.94	Total Operating Expenses
Minority Interest	- 0.94	Selling General Administrative
Minority Interest	- 0.93	Reconciled Depreciation