XML 237 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Total revenues $ 688,087 $ 698,640
Expenses    
External provider costs 374,528 383,046
Cost of care, excluding depreciation and amortization 212,271 180,222
Sales and marketing 19,627 24,201
Corporate, general and administrative 115,637 101,653
Depreciation and amortization 15,419 13,924
Total expenses 737,482 703,046
Operating Loss (49,395) (4,406)
Other Income (Expense)    
Interest expense, net (1,522) (2,526)
Other income (expense) 124 (305)
Total other expense (1,398) (2,831)
Loss Before Income Taxes (50,793) (7,237)
Provision (Benefit) for Income Taxes (7,241) 723
Net Loss (43,552) (7,960)
Less: net loss attributable to noncontrolling interests (2,879) (1,439)
Net Loss Attributable to InnovAge Holding Corp. $ (40,673) $ (6,521)
Weighted-average number of common shares outstanding - basic (in shares) 135,593,824 135,519,970
Weighted-average number of common shares outstanding - diluted (in shares) 135,593,824 135,519,970
Net loss per share - basic (in dollars per share) $ (0.30) $ (0.05)
Net loss per share - diluted (in dollars per share) $ (0.30) $ (0.05)
Capitation revenue    
Revenues    
Total revenues $ 686,836 $ 696,998
Other service revenue    
Revenues    
Total revenues $ 1,251 $ 1,642