InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. It serves approximately 6,850 PACE participants in the United States; and operates 18 PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.
Revenue of InnovAge Holding Corp. (INNV)
Revenue in 2024 (TTM): $763.86 M
According to InnovAge Holding Corp.'s latest financial reports the company's current revenue (TTM) is $763.86 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of InnovAge Holding Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2024 | $763.86 M | $132.06 M | $1.15 M | $-21,819,000 | $-21,338,000 |
| 2023 | $688.09 M | $101.29 M | $-29,248,000 | $-50,793,000 | $-40,673,000 |
| 2022 | $698.64 M | $135.37 M | $9.21 M | $-7,237,000 | $-7,960,000 |
| 2021 | $637.8 M | $174.08 M | $-5,888,000 | $-34,969,000 | $-44,740,000 |
| 2020 | $567.19 M | $141.3 M | $61.54 M | $35.63 M | $26.28 M |
| 2019 | $465.63 M | $110.63 M | $45.92 M | $25.39 M | $19.58 M |