InnovAge Holding Corp.

NasdaqGS:INNV Stock Report

Market Cap: US$478.2m

InnovAge Holding Past Earnings Performance

Past criteria checks 0/6

InnovAge Holding's earnings have been declining at an average annual rate of -22.4%, while the Healthcare industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 4.5% per year.

Key information

-22.4%

Earnings growth rate

-20.3%

EPS growth rate

Healthcare Industry Growth8.5%
Revenue growth rate4.5%
Return on equity-6.2%
Net Margin-2.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Investors Aren't Entirely Convinced By InnovAge Holding Corp.'s (NASDAQ:INNV) Revenues

Nov 07
Investors Aren't Entirely Convinced By InnovAge Holding Corp.'s (NASDAQ:INNV) Revenues

Is InnovAge Holding (NASDAQ:INNV) A Risky Investment?

Aug 20
Is InnovAge Holding (NASDAQ:INNV) A Risky Investment?

InnovAge Holding Corp.'s (NASDAQ:INNV) Shares Leap 30% Yet They're Still Not Telling The Full Story

Jun 28
InnovAge Holding Corp.'s (NASDAQ:INNV) Shares Leap 30% Yet They're Still Not Telling The Full Story

Sentiment Still Eluding InnovAge Holding Corp. (NASDAQ:INNV)

May 07
Sentiment Still Eluding InnovAge Holding Corp. (NASDAQ:INNV)

InnovAge Holding (NASDAQ:INNV) Has Debt But No Earnings; Should You Worry?

Mar 15
InnovAge Holding (NASDAQ:INNV) Has Debt But No Earnings; Should You Worry?

Market Still Lacking Some Conviction On InnovAge Holding Corp. (NASDAQ:INNV)

Jan 06
Market Still Lacking Some Conviction On InnovAge Holding Corp. (NASDAQ:INNV)

InnovAge Holding Corp.'s (NASDAQ:INNV) Intrinsic Value Is Potentially 73% Above Its Share Price

Aug 10
InnovAge Holding Corp.'s (NASDAQ:INNV) Intrinsic Value Is Potentially 73% Above Its Share Price

Cautious Investors Not Rewarding InnovAge Holding Corp.'s (NASDAQ:INNV) Performance Completely

Jun 08
Cautious Investors Not Rewarding InnovAge Holding Corp.'s (NASDAQ:INNV) Performance Completely

InnovAge GAAP EPS of -$0.09 misses by $0.06, revenue of $172.86M misses by $1.11M

Sep 13

InnovAge names Richard Feifer as chief medical officer

Aug 17

InnovAge Holding (NASDAQ:INNV) Could Be Struggling To Allocate Capital

Jul 27
InnovAge Holding (NASDAQ:INNV) Could Be Struggling To Allocate Capital

Earnings Miss: InnovAge Holding Corp. Missed EPS And Analysts Are Revising Their Forecasts

May 12
Earnings Miss: InnovAge Holding Corp. Missed EPS And Analysts Are Revising Their Forecasts

Here's What's Concerning About InnovAge Holding's (NASDAQ:INNV) Returns On Capital

Apr 14
Here's What's Concerning About InnovAge Holding's (NASDAQ:INNV) Returns On Capital

Is There An Opportunity With InnovAge Holding Corp.'s (NASDAQ:INNV) 30% Undervaluation?

Mar 24
Is There An Opportunity With InnovAge Holding Corp.'s (NASDAQ:INNV) 30% Undervaluation?

InnovAge Pursues Compliance As Precursor To Post-Pandemic Growth

Mar 19

InnovAge Holding's (NASDAQ:INNV) Robust Earnings Are Supported By Other Strong Factors

Nov 16
InnovAge Holding's (NASDAQ:INNV) Robust Earnings Are Supported By Other Strong Factors

Are Investors Undervaluing InnovAge Holding Corp. (NASDAQ:INNV) By 48%?

Jul 28
Are Investors Undervaluing InnovAge Holding Corp. (NASDAQ:INNV) By 48%?

Revenue & Expenses Breakdown

How InnovAge Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:INNV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24787-165470
30 Jun 24764-215390
31 Mar 24741-315300
31 Dec 23721-325190
30 Sep 23699-385130
30 Jun 23688-415100
31 Mar 23684-425110
31 Dec 22689-385180
30 Sep 22697-275180
30 Jun 22699-75050
31 Mar 22697134930
31 Dec 2167654630
30 Sep 21658134320
30 Jun 21638-444050
31 Mar 21619-383750
31 Dec 20607-203650
30 Sep 20585-263550
30 Jun 20567263500
30 Jun 19466202870

Quality Earnings: INNV is currently unprofitable.

Growing Profit Margin: INNV is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: INNV is unprofitable, and losses have increased over the past 5 years at a rate of 22.4% per year.

Accelerating Growth: Unable to compare INNV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: INNV is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (10.4%).


Return on Equity

High ROE: INNV has a negative Return on Equity (-6.18%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

InnovAge Holding Corp. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vikram KesavabhotlaBaird
Steven ValiquetteBarclays
Sarah JamesBarclays