Innovative Solutions and Support Key Executives
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Innovative Solutions and Support Earnings
This section highlights Innovative Solutions and Support's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q1 | 2025 | 2025-02-13 | $0.12 | $0.04 |
| Read Transcript | Q4 | 2024 | 2024-12-19 | $0.12 | $0.21 |
| Read Transcript | Q3 | 2024 | 2024-08-11 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-05-13 | $0.11 | $0.07 |
| Read Transcript | Q1 | 2024 | 2024-02-15 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2023-12-21 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-08-10 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-05-08 | $0.06 | $0.07 |
| Read Transcript | Q1 | 2023 | 2023-02-14 | N/A | N/A |
Innovative Solutions and Support, Inc., a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottle, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight management systems that complement the flat panel display system upgrade for commercial air transport aircraft. The company also provides integrated standby units, which incorporate the measurement and display of attitude, altitude, airspeed, and navigation data into a single standby/backup navigation instrument for military, commercial air transport, and corporate/general aviation applications. In addition, it offers digital air data computers that calculate various air data parameters, such as altitude, airspeed, vertical speed, angle of attack, and other information; integrated air data computers and display units, which calculate and convey air data information; altitude displays that convey aircraft altitude measurements; airspeed displays that convey various airspeed measurements; and altitude alerters. Further, the company offers the engine and fuel displays that convey information related to fuel and oil levels, and engine activity, including oil and hydraulic pressure and temperature; integrated global navigation systems; ThrustSense, a full regime autothrottle; and utility management systems. It serves commercial air transport carriers and corporate/general aviation companies, the Department of Defense and its commercial contractors, aircraft operators, aircraft modification centers, government agencies, and foreign militaries, as well as original equipment manufacturers. Innovative Solutions and Support, Inc. was incorporated in 1988 and is based in Exton, Pennsylvania.
$6.70
Stock Price
$117.55M
Market Cap
133
Employees
Exton, PA
Location
Financial Statements
Access annual & quarterly financial statements for Innovative Solutions and Support, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 |
|---|---|---|---|---|---|
| Revenue | $47.20M | $34.81M | $27.74M | $23.04M | $21.60M |
| Cost of Revenue | $21.28M | $13.50M | $11.07M | $10.26M | $9.79M |
| Gross Profit | $25.91M | $21.31M | $16.67M | $12.78M | $11.80M |
| Gross Profit Ratio | 54.90% | 61.22% | 60.11% | 55.46% | 54.65% |
| Research and Development Expenses | $4.14M | $3.13M | $2.71M | $2.62M | $2.96M |
| General and Administrative Expenses | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $12.11M | $10.41M | $6.75M | $6.26M | $6.10M |
| Other Expenses | $- | $- | $65.23K | $74.91K | $60.50K |
| Operating Expenses | $16.25M | $13.54M | $9.46M | $8.88M | $9.06M |
| Cost and Expenses | $37.54M | $27.04M | $20.53M | $19.14M | $18.85M |
| Interest Income | $127.33K | $518.19K | $61.05K | $1.23K | $154.95K |
| Interest Expense | $937.31K | $393.28K | $- | $- | $- |
| Depreciation and Amortization | $2.10M | $697.94K | $368.50K | $432.18K | $433.51K |
| EBITDA | $11.89M | $8.73M | $7.71M | $4.33M | $3.18M |
| EBITDA Ratio | 25.18% | 25.07% | 27.79% | 18.80% | 14.72% |
| Operating Income | $9.66M | $7.77M | $7.22M | $3.90M | $2.75M |
| Operating Income Ratio | 20.47% | 22.32% | 26.01% | 16.93% | 12.71% |
| Total Other Income Expenses Net | $-809.98K | $-132.74K | $126.28K | $76.14K | $215.45K |
| Income Before Tax | $8.85M | $7.64M | $7.34M | $3.98M | $2.96M |
| Income Before Tax Ratio | 18.75% | 21.94% | 26.47% | 17.26% | 13.71% |
| Income Tax Expense | $1.85M | $1.61M | $1.82M | $-1.09M | $-308.88K |
| Net Income | $7.00M | $6.03M | $5.52M | $5.06M | $3.27M |
| Net Income Ratio | 14.83% | 17.32% | 19.91% | 21.98% | 15.14% |
| EPS | $0.40 | $0.35 | $0.32 | $0.29 | $0.19 |
| EPS Diluted | $0.40 | $0.35 | $0.32 | $0.29 | $0.19 |
| Weighted Average Shares Outstanding | 17.46M | 17.41M | 17.26M | 17.23M | 16.94M |
| Weighted Average Shares Outstanding Diluted | 17.48M | 17.42M | 17.26M | 17.23M | 17.11M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.97M | $15.38M | $11.77M | $10.74M | $9.31M | $12.99M | $7.96M | $7.34M | $6.52M | $7.26M | $6.94M | $6.85M | $6.70M | $6.87M | $6.18M | $5.12M | $4.87M | $6.30M | $5.95M | $4.84M |
| Cost of Revenue | $9.36M | $6.86M | $5.49M | $5.16M | $3.78M | $4.88M | $3.22M | $2.60M | $2.79M | $2.80M | $2.88M | $2.66M | $2.73M | $2.91M | $2.83M | $2.22M | $2.30M | $2.78M | $2.56M | $2.54M |
| Gross Profit | $6.61M | $8.53M | $6.28M | $5.58M | $5.52M | $8.11M | $4.73M | $4.74M | $3.72M | $4.47M | $4.06M | $4.18M | $3.97M | $3.96M | $3.35M | $2.90M | $2.57M | $3.51M | $3.39M | $2.30M |
| Gross Profit Ratio | 41.40% | 55.43% | 53.37% | 51.98% | 59.34% | 62.44% | 59.49% | 64.58% | 57.15% | 61.51% | 58.49% | 61.10% | 59.26% | 57.59% | 54.28% | 56.68% | 52.69% | 55.77% | 57.02% | 47.47% |
| Research and Development Expenses | $1.11M | $1.11M | $1.10M | $1.03M | $901.14K | $741.58K | $851.30K | $866.20K | $670.45K | $642.20K | $676.38K | $650.03K | $736.52K | $686.17K | $646.79K | $689.65K | $600.30K | $706.54K | $870.80K | $712.02K |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $4.16M | $3.06M | $3.14M | $2.91M | $3.01M | $3.72M | $2.40M | $2.45M | $2.26M | $1.53M | $1.69M | $1.72M | $1.81M | $1.41M | $1.51M | $1.60M | $1.73M | $1.59M | $1.28M | $1.53M |
| Other Expenses | $- | $- | $- | $26.47K | $17.70K | $19.81K | $90.05K | $23.26K | $18.20K | $50.18K | $21.61K | $11.55K | $16.24K | $23.91K | $17.23K | $17.37K | $16.39K | $15.74K | $16.26K | $11.22K |
| Operating Expenses | $5.27M | $4.16M | $4.24M | $3.94M | $3.91M | $4.46M | $3.25M | $3.31M | $2.93M | $2.17M | $2.37M | $2.37M | $2.54M | $2.10M | $2.16M | $2.29M | $2.33M | $2.29M | $2.15M | $2.24M |
| Cost and Expenses | $14.62M | $11.02M | $9.73M | $9.10M | $7.69M | $9.34M | $6.47M | $5.91M | $5.72M | $4.97M | $5.25M | $5.04M | $5.27M | $5.01M | $4.98M | $4.51M | $4.64M | $5.08M | $4.71M | $4.78M |
| Interest Income | $5.25K | $5.83K | $5.83K | $36.20K | $79.48K | $85.69K | $185.65K | $130.95K | $115.89K | $65.23K | $10.43K | $346 | $96 | $96 | $107 | $152 | $879 | $2.59K | $7.77K | $65.72K |
| Interest Expense | $427.15K | $233.04K | $172.78K | $171.47K | $360.01K | $393.28K | $- | $- | $- | $- | $10.43K | $346 | $96 | $96 | $107 | $152 | $879 | $2.59K | $7.77K | $65.72K |
| Depreciation and Amortization | $-5.26K | $660.71K | $611.15K | $419.56K | $411.42K | $439.05K | $87.50K | $85.98K | $85.41K | $90.33K | $91.09K | $92.74K | $92.37K | $97.93K | $109.77K | $110.80K | $113.68K | $131.96K | $96.40K | $101.02K |
| EBITDA | $1.34M | $4.98M | $2.67M | $2.13M | $2.12M | $4.20M | $1.85M | $1.67M | $1.01M | $2.39M | $1.69M | $1.81M | $1.52M | $1.96M | $1.31M | $611.22K | $346.05K | $1.35M | $1.34M | $152.78K |
| EBITDA Ratio | 8.42% | 32.34% | 22.67% | 19.79% | 22.82% | 32.30% | 23.25% | 22.72% | 15.51% | 32.88% | 24.31% | 26.41% | 22.65% | 28.51% | 21.12% | 11.93% | 7.11% | 21.44% | 22.52% | 3.16% |
| Operating Income | $1.34M | $4.37M | $2.04M | $1.64M | $1.62M | $3.65M | $1.49M | $1.43M | $791.50K | $2.30M | $1.69M | $1.82M | $1.42M | $1.86M | $1.20M | $611.22K | $232.37K | $1.22M | $1.24M | $51.76K |
| Operating Income Ratio | 8.42% | 28.38% | 17.31% | 15.30% | 17.35% | 28.11% | 18.69% | 19.44% | 12.15% | 31.63% | 24.31% | 26.59% | 21.27% | 27.09% | 19.35% | 11.93% | 4.77% | 19.34% | 20.90% | 1.07% |
| Total Other Income Expenses Net | $-421.89K | $-284.25K | $-154.09K | $-108.80K | $-262.83K | $-287.77K | $275.70K | $154.21K | $134.09K | $115.41K | $32.04K | $11.90K | $16.33K | $24.01K | $17.34K | $17.52K | $17.27K | $18.33K | $24.03K | $76.94K |
| Income Before Tax | $921.92K | $4.08M | $1.88M | $1.53M | $1.35M | $3.36M | $1.76M | $1.58M | $925.58K | $2.41M | $1.72M | $1.82M | $1.44M | $1.89M | $1.21M | $628.74K | $249.64K | $1.24M | $1.27M | $128.70K |
| Income Before Tax Ratio | 5.77% | 26.53% | 16.00% | 14.29% | 14.53% | 25.90% | 22.15% | 21.55% | 14.20% | 33.22% | 24.77% | 26.58% | 21.51% | 27.44% | 19.63% | 12.28% | 5.13% | 19.63% | 21.31% | 2.66% |
| Income Tax Expense | $185.73K | $901.72K | $330.51K | $325.94K | $295.01K | $730.20K | $339.96K | $310.42K | $226.93K | $761.47K | $358.76K | $390.11K | $307.49K | $355.57K | $-1.47M | $20.16K | $9.50K | $-8.10K | $8.62K | $-309.40K |
| Net Income | $736.19K | $3.18M | $1.55M | $1.21M | $1.06M | $2.63M | $1.42M | $1.27M | $698.65K | $1.65M | $1.36M | $1.43M | $1.13M | $1.53M | $2.69M | $608.58K | $240.15K | $1.24M | $1.26M | $438.11K |
| Net Income Ratio | 4.61% | 20.67% | 13.20% | 11.25% | 11.36% | 20.28% | 17.88% | 17.32% | 10.72% | 22.74% | 19.60% | 20.88% | 16.92% | 22.26% | 43.46% | 11.88% | 4.93% | 19.76% | 21.16% | 9.06% |
| EPS | $0.04 | $0.18 | $0.09 | $0.07 | $0.06 | $0.15 | $0.08 | $0.07 | $0.04 | $0.10 | $0.08 | $0.08 | $0.07 | $0.09 | $0.16 | $0.04 | $0.01 | $0.07 | $0.07 | $0.03 |
| EPS Diluted | $0.04 | $0.18 | $0.09 | $0.07 | $0.06 | $0.15 | $0.08 | $0.07 | $0.04 | $0.10 | $0.08 | $0.08 | $0.07 | $0.09 | $0.16 | $0.04 | $0.01 | $0.07 | $0.07 | $0.03 |
| Weighted Average Shares Outstanding | 17.51M | 17.46M | 17.46M | 17.46M | 17.45M | 17.40M | 17.58M | 17.35M | 17.32M | 17.26M | 17.26M | 17.25M | 17.25M | 17.23M | 17.23M | 17.22M | 17.21M | 16.96M | 16.95M | 16.93M |
| Weighted Average Shares Outstanding Diluted | 17.58M | 17.48M | 17.47M | 17.49M | 17.47M | 17.45M | 17.58M | 17.35M | 17.33M | 17.26M | 17.27M | 17.25M | 17.25M | 17.23M | 17.23M | 17.22M | 17.22M | 17.16M | 17.09M | 17.12M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $538.98K | $3.10M | $17.25M | $8.27M | $12.60M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $538.98K | $3.10M | $17.25M | $8.27M | $12.60M |
| Net Receivables | $14.29M | $10.23M | $4.46M | $4.05M | $4.37M |
| Inventory | $12.73M | $6.14M | $5.35M | $4.55M | $4.29M |
| Other Current Assets | $7.12M | $15.21M | $1.14M | $833.08K | $11.86M |
| Total Current Assets | $34.69M | $34.67M | $28.20M | $17.69M | $33.12M |
| Property Plant Equipment Net | $13.37M | $7.91M | $6.29M | $8.14M | $8.18M |
| Goodwill | $5.21M | $3.56M | $- | $- | $- |
| Intangible Assets | $27.01M | $16.19M | $60.35K | $62.47K | $112.85K |
| Goodwill and Intangible Assets | $32.23M | $19.74M | $60.35K | $62.47K | $112.85K |
| Long Term Investments | $- | $- | $- | $-62.47K | $-129.69K |
| Tax Assets | $1.63M | $456.39K | $46.49K | $1.06M | $129.69K |
| Other Non-Current Assets | $473.73K | $176.66K | $103.98K | $188.28K | $136.69K |
| Total Non-Current Assets | $47.70M | $28.28M | $6.50M | $9.40M | $8.43M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $82.38M | $62.96M | $34.71M | $27.09M | $41.55M |
| Account Payables | $2.32M | $1.34M | $708.85K | $623.62K | $790.89K |
| Short Term Debt | $2.10K | $2.01M | $13.62K | $14.30K | $45.13K |
| Tax Payables | $2.88M | $1.18M | $1.03M | $385.29K | $483.80K |
| Deferred Revenue | $- | $143.36K | $259.18K | $417.50K | $313.37K |
| Other Current Liabilities | $2.07M | $1.72M | $1.93M | $1.03M | $12.01M |
| Total Current Liabilities | $7.27M | $6.40M | $3.94M | $2.47M | $13.65M |
| Long Term Debt | $28.03M | $17.50M | $15.06K | $28.68K | $- |
| Deferred Revenue Non-Current | $- | $- | $-667.16K | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $652.09K | $- | $129.69K |
| Other Non-Current Liabilities | $451.35K | $421.51K | $- | $- | $- |
| Total Non-Current Liabilities | $28.48M | $17.92M | $15.06K | $28.68K | $129.69K |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $35.74M | $24.32M | $3.96M | $2.50M | $13.78M |
| Preferred Stock | $- | $- | $- | $0 | $- |
| Common Stock | $19.60K | $19.54K | $19.41K | $19.34K | $19.31K |
| Retained Earnings | $12.67M | $5.67M | $-359.04K | $-5.88M | $-2.34M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $-0 | $- |
| Other Total Stockholders Equity | $33.95M | $32.95M | $31.09M | $30.45M | $30.09M |
| Total Stockholders Equity | $46.64M | $38.64M | $30.75M | $24.59M | $27.77M |
| Total Equity | $46.64M | $38.64M | $30.75M | $24.59M | $27.77M |
| Total Liabilities and Stockholders Equity | $82.38M | $62.96M | $34.71M | $27.09M | $41.55M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $82.38M | $62.96M | $34.71M | $27.09M | $41.55M |
| Total Investments | $- | $- | $- | $-62.47K | $-129.69K |
| Total Debt | $28.03M | $19.51M | $28.68K | $28.68K | $45.13K |
| Net Debt | $27.49M | $16.42M | $-17.22M | $-8.24M | $-12.56M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $604.56K | $538.98K | $521.04K | $574.08K | $467.33K | $3.10M | $2.57M | $19.79M | $19.44M | $17.25M | $14.54M | $11.62M | $9.71M | $8.27M | $7.48M | $6.00M | $5.61M | $12.60M | $22.98M | $22.64M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $604.56K | $538.98K | $521.04K | $574.08K | $467.33K | $3.10M | $2.57M | $19.79M | $19.44M | $17.25M | $14.54M | $11.62M | $9.71M | $8.27M | $7.48M | $6.00M | $5.61M | $12.60M | $22.98M | $22.64M |
| Net Receivables | $11.13M | $14.29M | $8.43M | $7.29M | $6.23M | $10.23M | $6.20M | $4.13M | $3.48M | $4.46M | $3.00M | $4.06M | $3.72M | $4.05M | $4.29M | $2.85M | $2.54M | $4.37M | $4.17M | $3.18M |
| Inventory | $15.51M | $12.73M | $16.44M | $15.90M | $7.80M | $6.14M | $5.74M | $5.90M | $5.25M | $5.35M | $4.91M | $4.69M | $4.61M | $4.55M | $4.84M | $4.65M | $4.18M | $4.29M | $4.71M | $4.82M |
| Other Current Assets | $6.82M | $7.12M | $984.68K | $711.77K | $12.43M | $15.21M | $11.43M | $1.24M | $1.05M | $1.14M | $2.32M | $878.03K | $881.48K | $1.15M | $697.33K | $1.39M | $850.86K | $11.86M | $806.20K | $747.66K |
| Total Current Assets | $34.06M | $34.69M | $26.37M | $24.47M | $26.93M | $34.67M | $25.94M | $31.06M | $29.22M | $28.20M | $24.79M | $21.24M | $18.92M | $17.69M | $17.31M | $14.34M | $13.18M | $33.12M | $32.67M | $31.39M |
| Property Plant Equipment Net | $13.45M | $13.37M | $11.60M | $12.46M | $7.94M | $7.89M | $10.06M | $6.22M | $6.26M | $6.29M | $6.38M | $8.05M | $8.17M | $8.14M | $8.22M | $8.29M | $8.16M | $8.18M | $8.29M | $8.28M |
| Goodwill | $5.21M | $5.21M | $4.07M | $3.56M | $3.56M | $3.56M | $4.61M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $26.54M | $27.01M | $16.09M | $15.65M | $15.92M | $16.19M | $20.91M | $60.35K | $60.35K | $60.35K | $61.41K | $61.41K | $62.47K | $62.47K | $63.54K | $80.38K | $92.94K | $112.85K | $44.40K | $44.40K |
| Goodwill and Intangible Assets | $31.76M | $32.23M | $20.16M | $19.21M | $19.47M | $19.74M | $25.52M | $60.35K | $60.35K | $60.35K | $61.41K | $61.41K | $62.47K | $62.47K | $63.54K | $80.38K | $92.94K | $112.85K | $44.40K | $44.40K |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-62.47K | $-63.54K | $-210.07K | $-222.63K | $- | $- | $-174.09K |
| Tax Assets | $1.84M | $1.63M | $1.11M | $1.17M | $1.14M | $456.39K | $643.71K | $592.86K | $331.18K | $46.49K | $278.08K | $536.68K | $832.52K | $1.06M | $1.33M | $129.69K | $129.69K | $- | $- | $129.69K |
| Other Non-Current Assets | $150.12K | $471.62K | $540.70K | $311.20K | $212.46K | $191.72K | $179.93K | $182.53K | $75.30K | $103.98K | $107.49K | $112.00K | $79.84K | $188.28K | $151.36K | $174.47K | $208.09K | $136.69K | $94.67K | $230.68K |
| Total Non-Current Assets | $47.20M | $47.70M | $33.41M | $33.15M | $28.77M | $28.28M | $36.41M | $7.06M | $6.73M | $6.50M | $6.83M | $8.76M | $9.15M | $9.40M | $9.70M | $8.46M | $8.36M | $8.43M | $8.43M | $8.51M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Total Assets | $81.25M | $82.38M | $59.78M | $57.62M | $55.70M | $62.96M | $62.35M | $38.12M | $35.96M | $34.71M | $31.62M | $30.00M | $28.06M | $27.09M | $27.02M | $22.80M | $21.55M | $41.55M | $41.10M | $39.91M |
| Account Payables | $1.88M | $2.32M | $3.34M | $2.65M | $1.55M | $1.34M | $767.10K | $1.50M | $842.26K | $708.85K | $752.48K | $744.69K | $500.46K | $623.62K | $936.04K | $1.05M | $727.59K | $790.89K | $949.08K | $1.36M |
| Short Term Debt | $- | $2.10K | $9.86M | $10.65M | $10.62M | $2.01M | $2.01M | $13.29K | $13.45K | $13.62K | $13.78K | $13.95K | $14.12K | $14.30K | $2.24K | $5.64K | $24.31K | $45.13K | $63.96K | $81.90K |
| Tax Payables | $2.02M | $2.88M | $1.17M | $1.07M | $1.61M | $1.18M | $746.58K | $742.57K | $857.02K | $1.03M | $553.48K | $531.52K | $220.71K | $385.29K | $538.07K | $313.20K | $180.22K | $483.80K | $500.83K | $272.31K |
| Deferred Revenue | $- | $340.48K | $131.53K | $96.65K | $228.31K | $143.36K | $102.95K | $191.73K | $91.78K | $259.18K | $329.12K | $276.73K | $335.85K | $417.50K | $1.53M | $92.07K | $121.47K | $313.37K | $106.34K | $97.14K |
| Other Current Liabilities | $2.62M | $1.73M | $1.64M | $2.66M | $2.20M | $3.45M | $8.28M | $1.11M | $1.64M | $1.93M | $1.12M | $1.01M | $1.20M | $1.03M | $1.00M | $940.17K | $917.29K | $12.01M | $942.00K | $822.86K |
| Total Current Liabilities | $6.52M | $7.27M | $16.15M | $15.80M | $15.37M | $6.40M | $8.15M | $3.55M | $3.44M | $3.94M | $2.77M | $2.58M | $2.27M | $2.47M | $4.01M | $2.41M | $1.97M | $13.65M | $2.56M | $2.63M |
| Long Term Debt | $26.51M | $28.03M | $- | $- | $- | $17.50M | $18.00M | $424.16K | $11.76K | $15.06K | $18.41K | $21.79K | $25.21K | $28.68K | $- | $- | $- | $- | $2.24K | $5.64K |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-667.16K | $- | $- | $-50.43K | $- | $- | $- | $- | $- | $-2.24K | $-5.64K |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $652.09K | $- | $- | $25.21K | $- | $- | $129.69K | $129.69K | $129.69K | $129.69K | $129.69K |
| Other Non-Current Liabilities | $451.35K | $451.35K | $448.93K | $444.44K | $427.58K | $421.51K | $420.95K | $- | $410.17K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $26.96M | $28.48M | $448.93K | $444.44K | $427.58K | $17.92M | $18.42M | $424.16K | $421.94K | $15.06K | $18.41K | $21.79K | $25.21K | $28.68K | $- | $129.69K | $129.69K | $129.69K | $131.93K | $135.33K |
| Other Liabilities | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $33.48M | $35.74M | $16.60M | $16.25M | $15.80M | $24.32M | $26.57M | $3.98M | $3.86M | $3.96M | $2.78M | $2.60M | $2.30M | $2.50M | $4.01M | $2.54M | $2.10M | $13.78M | $2.69M | $2.77M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $0 | $1 | $0 | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $19.60K | $19.59K | $19.56K | $19.55K | $19.54K | $19.53K | $19.52K | $19.47K | $19.41K | $19.37K | $19.37K | $19.34K | $19.34K | $19.34K | $19.34K | $19.31K | $19.31K | $19.08K | $19.08K |
| Retained Earnings | $- | $12.67M | $9.49M | $7.93M | $6.73M | $5.67M | $3.03M | $1.61M | $339.61K | $-359.04K | $-1.96M | $-3.32M | $-4.75M | $-5.88M | $-7.41M | $-10.10M | $-10.71M | $-2.34M | $7.60M | $6.34M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-0 | $-0 | $- | $- | $- | $0 | $0 | $- | $- | $-0 | $0 | $-0 | $- | $-13.03M | $-13.30M | $-13.24M | $-13.14M | $-13.05M |
| Other Total Stockholders Equity | $47.77M | $33.95M | $33.67M | $33.42M | $33.15M | $32.95M | $32.73M | $32.51M | $31.73M | $31.09M | $30.77M | $30.70M | $30.49M | $30.45M | $30.40M | $30.34M | $30.14M | $30.09M | $30.79M | $30.79M |
| Total Stockholders Equity | $47.77M | $46.64M | $43.18M | $41.38M | $39.90M | $38.64M | $35.78M | $34.15M | $32.09M | $30.75M | $28.83M | $27.40M | $25.76M | $24.59M | $23.01M | $20.26M | $19.45M | $27.77M | $38.40M | $37.14M |
| Total Equity | $47.77M | $46.64M | $43.18M | $41.38M | $39.90M | $38.64M | $35.78M | $34.15M | $32.09M | $30.75M | $28.83M | $27.40M | $25.76M | $24.59M | $23.01M | $20.26M | $19.45M | $27.77M | $38.40M | $37.14M |
| Total Liabilities and Stockholders Equity | $81.25M | $82.38M | $59.78M | $57.62M | $55.70M | $62.96M | $62.35M | $38.12M | $35.96M | $34.71M | $31.62M | $30.00M | $28.06M | $27.09M | $27.02M | $22.80M | $21.55M | $41.55M | $41.10M | $39.91M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $81.25M | $82.38M | $59.78M | $57.62M | $55.70M | $62.96M | $62.35M | $38.12M | $35.96M | $34.71M | $31.62M | $30.00M | $28.06M | $27.09M | $27.02M | $22.80M | $21.55M | $41.55M | $41.10M | $39.91M |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-62.47K | $-63.54K | $-210.07K | $-222.63K | $- | $- | $-174.09K |
| Total Debt | $26.51M | $28.03M | $9.86M | $10.65M | $10.62M | $19.50M | $20.01M | $437.44K | $435.39K | $28.68K | $32.19K | $35.74K | $39.34K | $28.68K | $2.24K | $5.64K | $24.31K | $45.13K | $66.20K | $5.64K |
| Net Debt | $25.91M | $27.49M | $9.34M | $10.08M | $10.16M | $16.40M | $17.44M | $-19.35M | $-19.01M | $-17.22M | $-14.51M | $-11.58M | $-9.67M | $-8.24M | $-7.48M | $-5.99M | $-5.58M | $-12.56M | $-22.92M | $-22.64M |
Annual Cash Flow
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 |
|---|---|---|---|---|---|
| Net Income | $7.00M | $6.03M | $5.52M | $5.06M | $3.27M |
| Depreciation and Amortization | $2.10M | $697.94K | $368.50K | $432.18K | $433.51K |
| Deferred Income Tax | $-1.14M | $9.50K | $1.02M | $-1.19M | $38 |
| Stock Based Compensation | $- | $1.45M | $339.94K | $341.33K | $177.34K |
| Change in Working Capital | $- | $-6.18M | $36.63K | $48.05K | $-1.76M |
| Accounts Receivables | $-2.87M | $-5.45M | $-251.12K | $322.77K | $-2.02M |
| Inventory | $-2.34M | $-834.92K | $-708.86K | $-153.61K | $112.85K |
| Accounts Payables | $978.20K | $628.43K | $85.22K | $-167.27K | $-288.18K |
| Other Working Capital | $- | $-525.42K | $911.38K | $46.16K | $440.89K |
| Other Non Cash Items | $-2.16M | $88.71K | $-1.19M | $-100.45K | $66.51K |
| Net Cash Provided by Operating Activities | $5.80M | $2.10M | $6.09M | $4.59M | $2.19M |
| Investments in Property Plant and Equipment | $-657.79K | $-298.37K | $-161.23K | $-340.68K | $-118.80K |
| Acquisitions Net | $-14.20M | $-35.86M | $2.75M | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $-2.02M | $- | $2.75M | $- | $- |
| Net Cash Used for Investing Activities | $-16.88M | $-36.16M | $2.59M | $-340.68K | $-118.80K |
| Debt Repayment | $- | $19.50M | $- | $- | $- |
| Common Stock Issued | $- | $408.85K | $301.15K | $17.01K | $175.14K |
| Common Stock Repurchased | $- | $- | $- | $- | $-880.48K |
| Dividends Paid | $- | $- | $- | $-19.79M | $-11.18M |
| Other Financing Activities | $8.53M | $408.85K | $301.15K | $17.01K | $-880.48K |
| Net Cash Used Provided by Financing Activities | $8.53M | $19.91M | $301.15K | $-19.77M | $-705.33K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-2.56M | $-14.15M | $8.98M | $-15.52M | $1.37M |
| Cash at End of Period | $538.98K | $3.10M | $17.25M | $8.27M | $23.78M |
| Cash at Beginning of Period | $3.10M | $17.25M | $8.27M | $23.78M | $22.42M |
| Operating Cash Flow | $5.80M | $2.10M | $6.09M | $4.59M | $2.19M |
| Capital Expenditure | $-657.79K | $-298.37K | $-161.23K | $-340.68K | $-118.80K |
| Free Cash Flow | $5.14M | $1.80M | $5.93M | $4.25M | $2.07M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $736.19K | $3.18M | $1.55M | $1.21M | $1.06M | $2.63M | $1.42M | $1.27M | $698.65K | $1.60M | $1.36M | $1.43M | $1.13M | $1.53M | $2.69M | $608.58K | $240.15K | $1.24M | $1.26M | $438.11K |
| Depreciation and Amortization | $1.37M | $660.71K | $616.43K | $419.56K | $411.42K | $439.05K | $87.50K | $85.98K | $85.41K | $90.33K | $90.03K | $95.76K | $92.37K | $97.93K | $109.77K | $110.80K | $113.68K | $131.96K | $96.40K | $101.02K |
| Deferred Income Tax | $-216.59K | $-513.13K | $68.12K | $-15.32K | $-676.48K | $606.72K | $-50.85K | $-261.68K | $-284.69K | $231.60K | $258.60K | $295.84K | $231.30K | $268.11K | $-1.46M | $- | $- | $-38 | $- | $38 |
| Stock Based Compensation | $- | $277.34K | $250.90K | $269.34K | $205.72K | $219.77K | $214.08K | $733.38K | $283.19K | $31.34K | $58.42K | $204.59K | $45.59K | $46.08K | $45.08K | $204.57K | $45.59K | $17.35K | $- | $159.99K |
| Change in Working Capital | $- | $-3.16M | $-1.55M | $-1.68M | $3.38M | $-2.79M | $-2.99M | $-1.43M | $1.03M | $-1.09M | $1.22M | $-105.91K | $15.42K | $-1.24M | $114.00K | $-112.57K | $1.28M | $106.21K | $-980.84K | $-207.70K |
| Accounts Receivables | $4.90M | $-5.86M | $- | $-1.06M | $4.16M | $-3.80M | $-1.98M | $-650.13K | $980.94K | $-1.29M | $1.05M | $-334.48K | $325.12K | $247.39K | $-1.45M | $-303.04K | $1.82M | $-504.45K | $-1.18M | $291.77K |
| Inventory | $-2.07M | $937.76K | $- | $-567.49K | $-1.66M | $-441.41K | $157.22K | $-647.54K | $96.81K | $-444.07K | $-120.92K | $-82.79K | $-61.08K | $198.10K | $-184.70K | $-277.61K | $110.59K | $351.50K | $111.72K | $-148.60K |
| Accounts Payables | $-439.17K | $-1.03M | $696.75K | $1.10M | $208.52K | $570.18K | $-732.09K | $656.92K | $133.42K | $-43.63K | $7.79K | $244.23K | $-123.16K | $-312.42K | $-118.37K | $326.82K | $-63.30K | $-158.19K | $-406.68K | $378.12K |
| Other Working Capital | $- | $2.80M | $-2.25M | $-1.15M | $669.89K | $884.70K | $-440.46K | $-792.48K | $-177.18K | $692.72K | $277.01K | $67.12K | $-125.47K | $-1.37M | $1.86M | $141.26K | $-586.97K | $417.36K | $493.79K | $-728.99K |
| Other Non Cash Items | $-45.22K | $- | $-5.28K | $1.63M | $-160.58K | $44.31K | $44.40K | $1.55M | $-757.15K | $-1.19M | $357 | $566.13K | $89.45K | $95.32K | $2.01M | $-195.76K | $-245.69K | $66.55K | $-388.85K | $159.99K |
| Net Cash Provided by Operating Activities | $1.84M | $445.33K | $934.05K | $201.10K | $4.22M | $1.16M | $-1.27M | $395.55K | $1.82M | $-325.93K | $2.98M | $1.92M | $1.52M | $799.40K | $1.49M | $615.62K | $1.68M | $1.57M | $375.42K | $491.45K |
| Investments in Property Plant and Equipment | $-261.36K | $-145.86K | $-203.28K | $-125.73K | $-182.92K | $-133.29K | $-84.93K | $-47.44K | $-32.72K | $-1.03M | $-76.87K | $-7.01K | $-77.35K | $-16.65K | $-25.00K | $-226.18K | $-72.85K | $-51.17K | $-35.20K | $-14.99K |
| Acquisitions Net | $- | $-14.20M | $- | $- | $2.23M | $-35.86M | $-35.86M | $- | $- | $2.75M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $-4.25M | $- | $- | $2.23M | $35.86M | $- | $- | $- | $1.03M | $- | $- | $- | $- | $- | $- | $- | $-118.80K | $- | $- |
| Net Cash Used for Investing Activities | $-261.36K | $-18.60M | $-203.28K | $-125.73K | $2.04M | $-133.29K | $-35.94M | $-47.44K | $-32.72K | $2.75M | $-76.87K | $-7.01K | $-77.35K | $-16.65K | $-25.00K | $-226.18K | $-72.85K | $-51.17K | $-35.20K | $-14.99K |
| Debt Repayment | $- | $18.17M | $-783.81K | $31.37K | $-8.89M | $-500.00K | $20.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $408.85K | $301.15K | $17.15K | $- | $- | $17.01K | $17.01K | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-880.48K | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-19.79M | $- | $- | $- |
| Other Financing Activities | $-1.51M | $- | $- | $- | $- | $- | $- | $- | $408.85K | $284.00K | $17.15K | $- | $- | $-17.01K | $17.01K | $- | $- | $-714.15K | $- | $8.82K |
| Net Cash Used Provided by Financing Activities | $-1.51M | $18.17M | $-783.81K | $31.37K | $-8.89M | $-500.00K | $20.00M | $- | $408.85K | $284.00K | $17.15K | $- | $- | $- | $17.01K | $- | $-19.79M | $-714.15K | $- | $8.82K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $65.58K | $17.94K | $-53.04K | $106.75K | $-2.63M | $524.96K | $-17.22M | $348.12K | $2.19M | $2.71M | $2.92M | $1.91M | $1.44M | $782.74K | $1.49M | $389.44K | $-18.18M | $800.62K | $340.21K | $485.28K |
| Cash at End of Period | $604.56K | $538.98K | $521.04K | $574.08K | $467.33K | $3.10M | $2.57M | $19.79M | $19.44M | $17.25M | $14.54M | $11.62M | $9.71M | $8.27M | $7.48M | $6.00M | $5.61M | $23.78M | $22.98M | $22.64M |
| Cash at Beginning of Period | $538.98K | $521.04K | $574.08K | $467.33K | $3.10M | $2.57M | $19.79M | $19.44M | $17.25M | $14.54M | $11.62M | $9.71M | $8.27M | $7.48M | $6.00M | $5.61M | $23.78M | $22.98M | $22.64M | $22.16M |
| Operating Cash Flow | $1.84M | $445.33K | $934.05K | $201.10K | $4.22M | $1.16M | $-1.27M | $395.55K | $1.82M | $-325.93K | $2.98M | $1.92M | $1.52M | $799.40K | $1.49M | $615.62K | $1.68M | $1.57M | $375.42K | $491.45K |
| Capital Expenditure | $-261.36K | $-145.86K | $-203.28K | $-125.73K | $-182.92K | $-133.29K | $-84.93K | $-47.44K | $-32.72K | $-1.03M | $-76.87K | $-7.01K | $-77.35K | $-16.65K | $-25.00K | $-226.18K | $-72.85K | $-51.17K | $-35.20K | $-14.99K |
| Free Cash Flow | $1.58M | $299.47K | $730.77K | $75.37K | $4.03M | $1.02M | $-1.36M | $348.12K | $1.78M | $-1.36M | $2.91M | $1.91M | $1.44M | $782.74K | $1.47M | $389.44K | $1.61M | $1.51M | $340.21K | $476.46K |
Innovative Solutions and Support Dividends
Explore Innovative Solutions and Support's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
-
Dividend Payout Ratio
-
Dividend Paid & Capex Coverage Ratio
8.81x
Innovative Solutions and Support Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.001 | $0.001 | September 26, 2022 | |||
| $0.5 | $0.5 | December 18, 2020 | December 21, 2020 | December 30, 2020 | December 10, 2020 |
| $0.65 | $0.65 | September 14, 2020 | September 15, 2020 | October 01, 2020 | September 04, 2020 |
| $1.5 | $1.5 | December 28, 2012 | December 17, 2012 | December 27, 2012 | December 07, 2012 |
| $1 | $1 | September 16, 2008 | September 18, 2008 | September 29, 2008 | September 08, 2008 |
Innovative Solutions and Support News
Read the latest news about Innovative Solutions and Support, including recent articles, headlines, and updates.
Innovative Solutions and Support: Short-Term Noise Offers An Investment Opportunity
Innovative Solutions and Support develops and manufactures aircraft systems and products for improved efficiency, safety, and performance. The recent acquisition of Honeywell product lines has resulted in high sales growth and a negative impact on margins. Margins should stabilize over the long term, and guidance for FY2025 suggests this will be the case.
IS&S to Participate in the Investor Summit Virtual Conference
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support (IS&S) (NASDAQ: ISSC) today announced that Chief Executive Officer Shahram Askarpour and Chief Financial Officer Jeffrey DiGiovanni will participate in the Q1 Investor Summit Virtual Conference, taking place on Tuesday, March 11, 2025. In conjunction with the event, IS&S executives will be available to participate in one-on-one meetings with investors registered to attend the conference. For more information, please visit:.
Innovative Solutions And Support, Inc. Looks Interesting For Long Term Investors
ISSC is shifting focus to military markets, potentially benefiting from Trump Administration's shifting defense and national security priorities. The company is working on gaining compliance to become Tier 1 defense supplier, reporting 70% YoY growth and a significant backlog increase, driven by new military programs. ISSC is expanding its Exton, PA facility to triple production capacity, aligning with reshoring initiatives despite temporary duplicative costs.
Innovative Solutions and Support, Inc. (ISSC) Q1 2025 Earnings Call Transcript
Innovative Solutions and Support, Inc. (NASDAQ:ISSC ) Q1 2025 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Paul Bartolai - Investor Relations Shahram Askarpour - Chief Executive Officer Jeff DiGiovanni - Chief Financial Officer Conference Call Participants Gowshi Sri - Singular Research Doug Ruth - Lenox Financial Services Andrew Rem - Odinson Partners Operator Good day, and welcome to the Innovative Solutions and Support First Quarter 2025 Results Conference Call and Webcast. All participants will be in listen-only mode.
Innovative Solutions & Support Announces First Quarter 2025 Results Conference Call and Webcast Date
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), today announced that it will release first quarter 2025 results after the market closes on Thursday, February 13, 2025. A conference call will be held that same day at 5:00 p.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in.
Innovative Solutions & Support, Inc. Appoint New Board Member
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) is pleased to announce the appointment of Denise L. Devine, CPA, MBA, MST to its Board of Directors as an independent director, effective immediately. Ms. Devine will stand for election at the Company's next annual meeting of shareholders or until her successor is duly elected and qualified or until her earlier, death, disqualification, resignation, or removal. In connection therew.
Innovative Solutions and Support, Inc. (ISSC) Q4 2024 Earnings Call Transcript
Innovative Solutions and Support, Inc. (NASDAQ:ISSC ) Q4 2024 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Bartolai - IR Shahram Askarpour - CEO Jeff DiGiovanni - CFO Conference Call Participants Andrew Rem - Odinson Partners Doug Ruth - Lenox Financial Services Gowshi Sri - Singular Research Operator Good evening. And welcome to the Innovative Solutions & Support's Fourth Quarter Fiscal 2024 Financial Results Conference Call.
Innovative Solutions & Support Reports Fourth Quarter and Full-Year 2024 Results
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today reported financial results for the three- and twelve-month periods ended September 30, 2024. FOURTH QUARTER 2024 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $15.4 million, +18.4% over the comparable quarter last year Gro.
Innovative Solutions & Support Announces Fourth Quarter 2024 Results Conference Call and Webcast Date
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), today announced that it will issue fourth quarter 2024 results after the market closes on Thursday, December 19, 2024. A conference call will be held that same day at 5:00 p.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in t.
IS&S's ThrustSense® Autothrottle Selected for U.S. Army C-12 Fleet
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc.'s (NASDAQ: ISSC) patented ThrustSense® Autothrottle system has been selected by the US Army to be installed on their C-12 (B200) aircraft equipped with ProLine 21 avionics suites. This advanced technology will provide full flight envelope protection, from takeoff to landing, including go-around, enabling pilots to automatically control engine power settings for enhanced safety and efficiency. With a September 2024 contract aw.
Innovative Solutions & Support Acquires License for Honeywell's Display Generator and Flight Control Computer Product Line, Strengthening Position in Military Market
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ: ISSC) today announced it acquired the license for various generations of military Display Generators and Flight Control Computers from Honeywell. The deal includes an exclusive license to manufacture, upgrade, and repair the product line. The agreement also grants IS&S exclusive intellectual property rights and includes the transfer of existing inventory necessary for continued manuf.
Innovative Solution And Support Stock: Growth And Margin Expansion Potential
Innovative Solutions and Support, Inc. stock outperformed the market with a 10.8% gain compared to the S&P 500's 6.1% gain. Third quarter revenues grew by 48%, with margins needing to be rebuilt for the Honeywell product line. The stock remains a buy with a 56% upside potential and a price target of $10.95, reflecting massive potential for growth.
Innovative Solutions and Support, Inc. (ISSC) Q3 2024 Earnings Call Transcript
Innovative Solutions and Support, Inc. (NASDAQ:ISSC ) Q3 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants Paul Bartolai - Partner at Vallum Advisors Shahram Askarpour - Chief Executive Officer Jeff DiGiovanni - Chief Financial Officer Conference Call Participants Sergey Golunov - Freedom Broker Doug Ruth - Lenox Financial Services Andrew Rem - Odinson Partners Gowshihan Sriharan - Singular Research Operator Good day and welcome to the Innovative Solutions & Supports Third Quarter Fiscal Year 2024 Financial Results Conference Call. All participants will be in listen-only mode.
Innovative Solutions & Support Reports Third Quarter 2024 Results
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), a company specializing in the engineering, manufacturing, and supply of advanced avionic solutions, today reported financial results for the three and nine months ended June 30, 2024. Investors are encouraged to read the Company's quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the “SEC”), which will contain additional details, and will.
IS&S Receives Multi-Million Dollar Contract from Major Aerospace Company for Military Products
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support (IS&S) (NASDAQ: ISSC) received a multi-million-dollar production order contract to supply its 19” Multifunction Display (MFD) with an Integrated Mission Computer on a Commercial Derivative platform in current use by several Foreign Militaries. Deliveries will begin immediately. The IS&S 19” Multifunction Display is a versatile flat panel display with multi-touchscreen interface for commercial and military aircraft. This dis.
Innovative Solutions & Support Announces Third Quarter 2024 Results Conference Call and Webcast Date
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), today announced that it will release third quarter 2024 results before the market opens on Friday, August 9, 2024. A conference call will be held that same day at 9:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the I.
Innovative Solutions & Support, Inc. Response to Christopher Harborne Non-Binding Indication of Interest
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) announced its response to the unsolicited, non-binding indication of interest to make a proposal from Christopher Harborne (the “Non-Binding Indication of Interest”). The Non-Binding Indication of Interest contemplates a transaction in which Mr. Harborne would acquire all of the shares of the Company's common stock not already owned by Mr. Harborne at a price of $7.25 per share in.
Innovative Solutions & Support, Inc. To Review Christopher Harborne Non-Binding Indication of Interest
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today acknowledged its receipt of an unsolicited, non-binding indication of interest to make a proposal from Christopher Harborne (the “Non-Binding Indication of Interest”). The Non-Binding Indication of Interest contemplates a transaction in which Mr. Harborne would acquire all of the shares of the Company's common stock not already owned by Mr. Harborne at a price of $7.25 per sh.
Venus Acquisition (NASDAQ:VENA) and Innovative Solutions and Support (NASDAQ:ISSC) Financial Analysis
Venus Acquisition (NASDAQ:VENA – Get Free Report) and Innovative Solutions and Support (NASDAQ:ISSC – Get Free Report) are both small-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, profitability, risk and earnings. Insider & Institutional Ownership 67.0% of Venus Acquisition shares are owned by institutional investors. Comparatively, 28.5% of Innovative Solutions and Support shares are owned by institutional investors. 22.7% of Venus Acquisition shares are owned by company insiders. Comparatively, 3.7% of Innovative Solutions and Support shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Analyst Ratings This is a summary of recent ratings and target prices for Venus Acquisition and Innovative Solutions and Support, as reported by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Venus Acquisition 0 0 0 0 N/A Innovative Solutions and Support 0 0 0 0 N/A Earnings & Valuation This table compares Venus Acquisition and Innovative Solutions and Support’s gross revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Venus Acquisition N/A N/A -$810,000.00 N/A N/A Innovative Solutions and Support $34.81 million 2.65 $6.03 million $0.36 14.67 Innovative Solutions and Support has higher revenue and earnings than Venus Acquisition. Volatility and Risk Venus Acquisition has a beta of -0.05, suggesting that its share price is 105% less volatile than the S&P 500. Comparatively, Innovative Solutions and Support has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Profitability This table compares Venus Acquisition and Innovative Solutions and Support’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Venus Acquisition N/A -2.37% 0.14% Innovative Solutions and Support 15.42% 16.24% 10.60% Summary Innovative Solutions and Support beats Venus Acquisition on 6 of the 8 factors compared between the two stocks. About Venus Acquisition (Get Free Report) Venus Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, and business combination with one or more businesses. It intends to focus on businesses in the Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors in Asian market. The company was incorporated in 2018 and is based in New York, New York. About Innovative Solutions and Support (Get Free Report) Innovative Solutions and Support, Inc., a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft. The company also provides integrated standby units, which incorporate the measurement and display of attitude, altitude, airspeed, and navigation data into a single backup navigation instrument for military, commercial air transport, and corporate/general aviation applications. In addition, it offers digital air data computers that calculate various air data parameters, such as altitude, airspeed, vertical speed, angle of attack, and other information; integrated air data computers and display units, which calculate and convey air data information; altitude displays that convey aircraft altitude measurements; airspeed displays that convey various airspeed measurements; and altitude alerters. Further, the company offers the engine and fuel displays that convey information related to fuel and oil levels, and engine activity, including oil and hydraulic pressure and temperature; integrated global navigation systems; ThrustSense, a full regime autothrottle; and utility management systems. It serves commercial air transport carriers and corporate/general aviation companies, the Department of Defense and its commercial contractors, aircraft operators, aircraft modification centers, government agencies, and foreign militaries, as well as original equipment manufacturers. Innovative Solutions and Support, Inc. was incorporated in 1988 and is based in Exton, Pennsylvania.
Innovative Solutions & Support, Inc. to Participate in the Singular Research Spring Select Conference
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (the "Company") (NASDAQ: ISSC) announced that Jeff DiGiovanni, Chief Financial Officer, will be participating in the Singular Research Spring Select Conference that will be held virtually May 22, 2024. The Company presentation will begin at 3:00PM PDT (6:00PM EDT) on May 22, 2024. To register for access, please visit: https://register.gotowebinar.com/register/7935223134977229402 Mr. DiGiovanni will also be available for one-o.
Innovative Solutions and Support, Inc. (ISSC) Q2 2024 Earnings Call Transcript
Innovative Solutions and Support, Inc. (NASDAQ:ISSC ) Q2 2024 Earnings Conference Call May 13, 2024 10:00 AM ET Company Participants Shahram Askarpour - Chief Executive Officer Jeff DiGiovanni - Chief Financial Officer Conference Call Participants Doug Ruth - Lenox Financial Services Operator Hello, and welcome to the Innovative Solutions & Support Second Quarter Fiscal 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Innovative Solutions & Support, Inc. Announces Second Quarter Fiscal 2024 Financial Results
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the second quarter of fiscal 2024, which ended March 31, 2024. For the second quarter of fiscal 2024, IS&S reported net sales of $10.7 million, up 46% from $7.3 million in the second quarter a year ago. The Company reported net income of $1.2 million, or $0.07 per share, compared to net income of $1.3 million, or $0.07 per share, in the.
Innovative Solutions & Support, Inc. to Participate in the Sidoti Virtual MicroCap Investor Conference
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (the "Company") (NASDAQ: ISSC) announced that it will be participating in the Sidoti MicroCap Investor Conference that will be held virtually Wednesday May 8th - Thursday May 9th. The Company presentation will begin at 1:00PM on May 8, 2024. To register for access, please visit: https://sidoti.zoom.us/webinar/register/WN_7XEll6xOTnKfV2sTVG26ow#/registration Management will also be available for one-on-one meetings over the co.
Innovative Solutions & Support, Inc. Announces Date of Conference Call and Webcast to Discuss Second Quarter Fiscal 2024 Financial Results
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (the "Company") (NASDAQ: ISSC) today announced it will release second quarter of fiscal 2024 financial results on Monday, May 13, 2024 before the market opens. In connection with this announcement, the Company will hold a conference call to discuss its results later that same day at 10:00 a.m. eastern time. This conference call can be accessed by calling domestically 1-844-739-3798 or Internationally 1-412-317-5714. No reserv.
Innovative Solutions & Support, Inc. Announces New Chief Financial Officer
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announces that it has appointed Jeffrey DiGiovanni to the position of Chief Financial Officer, effective as of April 8, 2024. “I am pleased to have someone with Jeff's background and accomplishments joining IS&S at this very exciting time in our growth,” said Dr. Shahram Askarpour, the Company's Chief Executive Officer, commenting on the appointment. “Jeff is a seasoned p.
Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2024 Financial Results
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal 2024, which ended December 31, 2023. For the first quarter of fiscal 2024, IS&S reported net sales of $9.3 million, up 43% from $6.5 million in the first quarter a year ago. The Company reported net income of $1,057,350, or $0.06 per share, increases of 51% and 50%, respectively, compared to $698,651, or $0.0.
Innovative Solutions & Support, Inc. Announces Date & Time of First Quarter Fiscal 2024 Earnings Conference Call
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (the "Company") (NASDAQ: ISSC) announced today that the Company will release results for the first quarter of fiscal 2024 on Wednesday, February 14, 2024 after the market closes. The Company will host a conference call on February 15, 2024 beginning at 10:00 AM ET to discuss the results. Participants may access the call by calling domestically 1-844-739-3798 or Internationally 1-412-317-5714 and requesting to join the Innovat.
Innovative Solutions and Support: Growth Fueled By Secular Tailwinds And Smart M&A
Innovative Solutions and Support Inc. is an unknown company in the avionics industry, but it is experiencing rapid growth. Under the leadership of CEO Dr. Shahram Askarpour, ISSC has a refreshed management team and a pragmatic growth strategy. The company has recently made a transformative acquisition and is fueling growth both organically and inorganically with further M&A.
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