INNOVATIVE SOLUTIONS & SUPPORT INC Income Statement
ISSC|8 years of annual SEC 10-K data (FY2011-FY2018)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
INNOVATIVE SOLUTIONS & SUPPORT INC reported $28M in revenue and $2M in net income for FY2018. Revenue has declined at a 3.8% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 4.31 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.0M | $20.1M | $44.1M | $31.6M | $24.6M | $25.7M | $25.3M | $36.7M |
| Cost of Revenue | $11.5M | $13.1M | $30.5M | $18.9M | $14.1M | $11.9M | $11.5M | $17.9M |
| Gross Profit | $16.5M | $6.9M | $13.6M | $12.6M | $10.5M | $13.8M | $13.7M | $18.8M |
| SG&A Expense | $9.2M | $7.8M | $11.1M | $8.1M | $7.4M | $7.7M | $8.1M | $8.6M |
| R&D Expense | $4.9M | $2.7M | $2.6M | $2.6M | $2.7M | $5.5M | $5.2M | $5.3M |
| Operating Income | $2.4M | -$3.6M | -$142.9K | $1.9M | $416.5K | $607.9K | $403.5K | $4.9M |
| Interest Expense | - | - | - | - | $598 | $1.5K | $2.4K | $82.3K |
| Income Tax | $568.3K | $2.3M | -$283.6K | $119.8K | -$2.4M | $183.8K | -$109.1K | $234.9K |
| Net Income | $2.0M | -$5.9M | - | - | - | - | - | - |
| EPS (Basic) | $0.12 | -$0.35 | $0.01 | $0.11 | $0.18 | $0.04 | $0.04 | $0.30 |
| EPS (Diluted) | $0.12 | -$0.35 | $0.01 | $0.11 | $0.18 | $0.04 | $0.04 | $0.30 |
| Shares Outstanding | 17.0M | 16.9M | 17.1M | 16.9M | 16.6M | 16.8M | 16.8M | 16.8M |
| Gross Margin | 59.0% | 34.5% | 30.8% | 40.0% | 42.8% | 53.6% | 54.4% | 51.3% |
| Operating Margin | 8.7% | -18.0% | -0.3% | 6.1% | 1.7% | 2.4% | 1.6% | 13.3% |
| Profit Margin | 7.1% | -29.2% | - | - | - | - | - | - |