Innovative Aerosystems, Inc. (ISSC)

Innovative Aerosystems Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	84.3	47.2	34.81	27.74	23.04
Revenue Growth (YoY)	78.60%	35.59%	25.48%	20.38%	6.71%
Cost of Revenue	43.79	21.28	13.5	11.07	10.26
Gross Profit	40.51	25.91	21.31	16.67	12.78
Selling, General & Admin	16.45	11.87	10.41	6.75	6.26
Research & Development	3.99	4.14	3.13	2.71	2.62
Operating Expenses	20.44	16.01	13.54	9.46	8.88
Operating Income	20.07	9.91	7.77	7.22	3.9
Interest Expense	-1.73	-0.94	-0.39	-	-
Interest & Investment Income	0.02	0.13	0.52	0.06	0
Other Non Operating Income (Expenses)	1.59	-	0.15	0.07	0.07
EBT Excluding Unusual Items	19.95	9.1	8.04	7.34	3.98
Merger & Restructuring Charges	-	-0.24	-0.41	-	-
Pretax Income	19.95	8.85	7.64	7.34	3.98
Income Tax Expense	4.32	1.85	1.61	1.82	-1.09
Net Income	15.63	7	6.03	5.52	5.06
Net Income to Common	15.63	7	6.03	5.52	5.06
Net Income Growth	123.30%	16.10%	9.12%	9.06%	54.90%
Shares Outstanding (Basic)	18	17	17	17	17
Shares Outstanding (Diluted)	18	17	17	17	17
Shares Change (YoY)	1.99%	0.35%	0.94%	0.18%	0.66%
EPS (Basic)	0.89	0.40	0.35	0.32	0.29
EPS (Diluted)	0.88	0.40	0.35	0.32	0.29
EPS Growth	120.00%	15.54%	8.18%	10.35%	52.63%
Free Cash Flow	6.79	0.89	1.8	5.93	4.25
Free Cash Flow Per Share	0.38	0.05	0.10	0.34	0.25
Gross Margin	48.06%	54.90%	61.22%	60.11%	55.46%
Operating Margin	23.81%	20.99%	22.32%	26.01%	16.93%
Profit Margin	18.54%	14.83%	17.32%	19.91%	21.98%
Free Cash Flow Margin	8.06%	1.88%	5.17%	21.39%	18.45%
EBITDA	23.81	12	8.47	7.58	4.33
EBITDA Margin	28.24%	25.43%	24.32%	27.34%	18.80%
D&A For EBITDA	3.73	2.1	0.7	0.37	0.43
EBIT	20.07	9.91	7.77	7.22	3.9
EBIT Margin	23.81%	20.99%	22.32%	26.01%	16.93%
Effective Tax Rate	21.67%	20.94%	21.05%	24.76%	-
Revenue as Reported	84.3	47.2	34.81	27.74	23.04

Updated Dec 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q