{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-016862","form_type":"8-K","ticker":"INNV","cik":"0001834376","company_name":"InnovAge Holding Corp.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.541029+00:00","generated_at":"2026-06-22T04:30:29.418163+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"InnovAge Q1 FY23 net loss of $13.7M vs prior-year profit; revenue down 1.1%","bullets":["Total revenue $171.2M (-1.1% YoY); net loss $13.7M vs net income $7.6M in prior year.","GAAP diluted EPS -$0.10 vs +$0.06; adjusted EBITDA -$3.8M vs +$18.2M.","Center-level Contribution Margin $21.4M (12.5% of revenue) vs $42.3M (24.5%) a year ago.","Participant census 6,540, down 6.4% from 6,990 in Q1 FY22.","Cash and equivalents $188.2M; debt $84.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-016862","json":"https://secwatch.observer/filing/0001558370-22-016862.json","markdown":"https://secwatch.observer/filing/0001558370-22-016862.md","text":"https://secwatch.observer/filing/0001558370-22-016862.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834376/000155837022016862/0001558370-22-016862-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834376/000155837022016862/tmb-20221108x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:30:29.418163+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb49687aca5db4300d5439ab035621be2acdf89e","claim":"InnovAge Holding Corp. reported the fiscal quarter ended September 30, 2022 results: revenue $171,218 thousand, net income $ (13,699) thousand, EPS $ (0.10) per share - basic and diluted.","evidence_excerpt":"​ ​ ​ ​ ​ ​ ​ ​ Adjusted EBITDA (1) $ (3,815) ​ ​ $ 18,212 ​ Adjusted EBITDA margin (1) ​ (2.2) % ​ ​ 10.5 % ​ Fiscal First Quarter 2023 Financial Performance ● Total revenue of $171.2 million, decreased approximately 1.1% compared to $173.1 million in the first quarter of fiscal 2022 ● Center-level Contribution Margin (1) of $21.4 million, decreased 49.4% compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834376/000155837022016862/0001558370-22-016862-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended September 30, 2022"},{"label":"Revenue","value":"$171,218 thousand"},{"label":"Net income","value":"$ (13,699) thousand"},{"label":"EPS","value":"$ (0.10) per share - basic and diluted"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}