VATE (Innovate) Other Operating Expense : $7 Mil (TTM As of Mar. 2025)

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What is Innovate Other Operating Expense?

Innovate's Other Operating Expense for the three months ended in Mar. 2025 was $4 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 was $7 Mil.

Innovate's quarterly Other Operating Expense declined from Sep. 2024 ($5 Mil) to Dec. 2024 ($4 Mil) but then increased from Dec. 2024 ($4 Mil) to Mar. 2025 ($4 Mil).

Innovate's annual Other Operating Expense declined from Dec. 2022 ($28 Mil) to Dec. 2023 ($22 Mil) and declined from Dec. 2023 ($22 Mil) to Dec. 2024 ($9 Mil).

Innovate Other Operating Expense Historical Data

The historical data trend for Innovate's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Innovate Other Operating Expense Chart

Innovate Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Other Operating Expense

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11.20

26.00

27.90

21.50

8.60

Innovate Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Other Operating Expense	Get a 7-Day Free Trial															6.30	-6.10	4.90	3.50	4.30

Innovate Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 Mil.

Innovate Other Operating Expense Related Terms

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Innovate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Innovate Corp (NYSE:VATE) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

PST0:Germany

Address

295 Madison Avenue, 12th Floor, New York, NY, USA, 10017

Website

https://www.innovatecorp.com

Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting station across the United States.

Executives

Paul Voigt	officer: Sr. Managing Dir, Investments	460 HERNDON PARKWAY, SUITE 150, HERNDON VA 20170
Michael J. Sena	officer: Chief Financial Officer	450 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
Wayne Jr Barr	director	ANACOMP INC, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Brian Steven Goldstein	director	295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Amy Marie Wilkinson	director	295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Shelly Lombard	director	44 MORSE AVENUE, BLOOMFIELD NJ 07003
Avram A Glazer	director	C/O WOODS OVIATT GILMAN LLP, 700 CROSSROADS BUILDING, ROCHESTER NY 14614
Suzi R Herbst	officer: Chief Administrative Officer	C/O HC2 HOLDINGS, INC., 450 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
Joseph Anthony Ferraro	officer: Chief Legal Officer & Corp Sec	56 EMILY ROAD, FAR HILLS FL 07931
Michael Gorzynski	director, 10 percent owner	595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental Ltc, Inc.	10 percent owner	11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Rio Royal Llc	10 percent owner	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Mg Capital Management Ltd.	10 percent owner	C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Continental General Insurance Co	10 percent owner	11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental Insurance Group, Ltd.	10 percent owner	11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717