{"schema_version":"secwatch.filing_event.v1","accession":"0001834376-23-000025","form_type":"8-K","ticker":"INNV","cik":"0001834376","company_name":"InnovAge Holding Corp.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.880358+00:00","generated_at":"2026-06-08T17:11:31.993995+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"InnovAge Q1 revenue up 6.6% to $182.5M; adjusted EBITDA turns positive at $2.2M","bullets":["Total revenue $182.5M, up 6.6% YoY; net loss narrowed to $11.0M from $13.7M.","Adjusted EBITDA of $2.2M vs -$3.8M in prior year; adjusted EBITDA margin 1.2%.","Center-level contribution margin $27.9M (+30.1% YoY); margin improved to 15.3% from 12.5%.","Census ~6,580 participants, up slightly from 6,540; cash & short-term investments $135.2M.","Net loss per share $0.08 vs $0.10; management cites continued improvement and momentum."],"urls":{"canonical":"https://secwatch.observer/filing/0001834376-23-000025","json":"https://secwatch.observer/filing/0001834376-23-000025.json","markdown":"https://secwatch.observer/filing/0001834376-23-000025.md","text":"https://secwatch.observer/filing/0001834376-23-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834376/000183437623000025/0001834376-23-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834376/000183437623000025/innv-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:11:31.993995+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":"8e82e6a2b5cb75ab68eed46f27e3bce36796da12","claim":"InnovAge Holding Corp. reported the fiscal first quarter ended September 30, 2023 results: revenue $182,485, net income Net loss of $11.0 million, EPS Net loss per share - basic and diluted $0.08.","evidence_excerpt":"enable us to return to normalized margins.” Financial Results Three Months Ended September 30, 2023 2022 in thousands, except percentages and per share amounts Total revenues $ 182,485 $ 171,218 Loss Before Income Taxes 10,736 17,169 Net Loss 10,962 13,699 Net Loss margin 6.0 % 8.0 % Net Loss Attributable to InnovAge Holding Corp. 10,304 13,073 Net Loss per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834376/000183437623000025/0001834376-23-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal first quarter ended September 30, 2023"},{"label":"Revenue","value":"$182,485"},{"label":"Net income","value":"Net loss of $11.0 million"},{"label":"EPS","value":"Net loss per share - basic and diluted $0.08"},{"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"}