Innovative Solutions and Support, Inc. (ISSC)

ISSC Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	53.86	47.2	34.81	27.74	23.04	21.6
Revenue Growth (YoY)	43.24%	35.59%	25.48%	20.38%	6.71%	22.89%
Cost of Revenue	26.86	21.28	13.5	11.07	10.26	9.79
Gross Profit	27	25.91	21.31	16.67	12.78	11.8
Selling, General & Admin	12.43	11.28	10.41	6.75	6.26	6.1
Research & Development	4.34	4.14	3.13	2.71	2.62	2.96
Operating Expenses	16.78	15.42	13.54	9.46	8.88	9.06
Operating Income	10.22	10.5	7.77	7.22	3.9	2.75
Interest Expense	-1	-0.94	-0.39	-	-	-
Interest & Investment Income	0.05	0.13	0.52	0.06	0	0.15
Other Non Operating Income (Expenses)	-0.02	-	0.15	0.07	0.07	0.06
EBT Excluding Unusual Items	9.25	9.69	8.04	7.34	3.98	2.96
Merger & Restructuring Charges	-0.83	-0.83	-0.41	-	-	-
Pretax Income	8.42	8.85	7.64	7.34	3.98	2.96
Income Tax Expense	1.74	1.85	1.61	1.82	-1.09	-0.31
Net Income	6.68	7	6.03	5.52	5.06	3.27
Net Income to Common	6.68	7	6.03	5.52	5.06	3.27
Net Income Growth	4.55%	16.10%	9.12%	9.06%	54.90%	76.72%
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	18	17	17	17	17	17
Shares Change (YoY)	0.29%	0.35%	0.94%	0.18%	0.66%	1.01%
EPS (Basic)	0.38	0.40	0.35	0.32	0.29	0.19
EPS (Diluted)	0.38	0.40	0.35	0.32	0.29	0.19
EPS Growth	3.71%	15.54%	8.18%	10.35%	52.63%	73.21%
Free Cash Flow	-1.56	0.89	1.8	5.93	4.25	2.07
Free Cash Flow Per Share	-0.09	0.05	0.10	0.34	0.25	0.12
Gross Margin	50.13%	54.90%	61.22%	60.11%	55.46%	54.65%
Operating Margin	18.98%	22.24%	22.32%	26.01%	16.93%	12.71%
Profit Margin	12.40%	14.83%	17.32%	19.91%	21.98%	15.14%
Free Cash Flow Margin	-2.90%	1.88%	5.17%	21.39%	18.45%	9.60%
EBITDA	13.28	12.59	8.47	7.58	4.33	3.18
EBITDA Margin	24.65%	26.68%	24.32%	27.34%	18.80%	14.72%
D&A For EBITDA	3.05	2.1	0.7	0.37	0.43	0.43
EBIT	10.22	10.5	7.77	7.22	3.9	2.75
EBIT Margin	18.98%	22.24%	22.32%	26.01%	16.93%	12.71%
Effective Tax Rate	20.71%	20.94%	21.05%	24.76%	-	-
Revenue as Reported	53.86	47.2	34.81	27.74	23.04	21.6

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q