{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-000971","form_type":"8-K","ticker":"INNV","cik":"0001834376","company_name":"InnovAge Holding Corp.","filed_at":"2023-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.944350+00:00","generated_at":"2026-06-19T23:06:30.960142+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 Q2 FY2023 net loss $10.5M; revenue down 4.5%, Adjusted EBITDA negative $2.0M","bullets":["Net loss of $10.5M ($0.07 loss per share) vs net income of $1.1M in Q2 FY2022.","Revenue $167.5M, down 4.5% YoY; participant census fell to ~6,460 from 7,050.","Adjusted EBITDA negative $2.0M, down from $14.8M; margin negative 1.2%.","Center-level Contribution Margin $22.6M, down 45.4% YoY; margin 13.5% vs 23.6%.","Ended quarter with $99.5M cash and $84.6M in debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-000971","json":"https://secwatch.observer/filing/0001558370-23-000971.json","markdown":"https://secwatch.observer/filing/0001558370-23-000971.md","text":"https://secwatch.observer/filing/0001558370-23-000971.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834376/000155837023000971/0001558370-23-000971-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834376/000155837023000971/tmb-20230207x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T23:06:30.960142+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":"00629a7c4b40ebfb5b0c279477f4d410c1ec6ee5","claim":"InnovAge Holding Corp. reported the fiscal second quarter ended December 31, 2022 results: revenue $167,456, net income $(10,547), EPS $(0.07).","evidence_excerpt":"Ended ​ Six Months Ended ​ December 31, 2022 ​ December 31, 2021 ​ December 31, 2022 ​ December 31, 2021 in thousands, except percentages and per share amounts ​ Total revenues $ 167,456 ​ ​ $ 175,350 ​ ​ $ 338,674 ​ ​ $ 348,420 ​ Center-level Contribution Margin (1) ​ 22,573 ​ ​ ​ 41,406 ​ ​ ​ 43,997 ​ ​ ​ 83,736 ​ Net Income (Loss) ​ (10,547) ​ ​ ​ 1,106 ​ ​ ​","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834376/000155837023000971/0001558370-23-000971-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal second quarter ended December 31, 2022"},{"label":"Revenue","value":"$167,456"},{"label":"Net income","value":"$(10,547)"},{"label":"EPS","value":"$(0.07)"},{"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"}