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Innovative Solutions & Support designs, manufactures, sells, and services flight guidance and cockpit display systems. It offers flat panel display systems that could replicate the display of analog or digital displays on one screen and could replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft. The Company also provides digital air data computers, which calculate various air data parameters, such as altitude, airspeed, vertical speed, angle of attack. In addition, it offers engine and fuel displays.

TypePublic
Founded1988
HQExton, US
Websiteinnovative-ss.com
Employee Ratings2.8

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Latest Updates

Employees (est.) (Nov 2018)93
Revenue (FY, 2018)$13.9 M(-17%)
Share Price (Mar 2019)$3.2 (+12%)

Key People/Management at Innovative Solutions and Support

Geoffrey S. M. Hedrick

Geoffrey S. M. Hedrick

Chairman and Chief Executive Officer
Brian Urbanski

Brian Urbanski

Vice President of Quality
Markus Knopf

Markus Knopf

Vice President, Product Development
Kevin Cravens

Kevin Cravens

Vice President, Program Management
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Innovative Solutions and Support Office Locations

Innovative Solutions and Support has an office in Exton
Exton, US (HQ)
720 Pennsylvania Dr
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Innovative Solutions and Support Financials and Metrics

Innovative Solutions and Support Revenue

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Innovative Solutions and Support's revenue was reported to be $13.85 m in FY, 2018
USD

Revenue (Q1, 2019)

4.0m

Gross profit (Q1, 2019)

2.2m

Gross profit margin (Q1, 2019), %

54.4%

Net income (Q1, 2019)

139.4k

EBIT (Q1, 2019)

96.0k

Market capitalization (18-Mar-2019)

53.3m

Closing stock price (18-Mar-2019)

3.2

Cash (31-Dec-2018)

20.3m
Innovative Solutions and Support's current market capitalization is $53.3 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

31.6m20.1m28.0m16.8m13.9m

Revenue growth, %

39%(40%)

Cost of goods sold

18.9m13.1m11.5m8.7m7.3m

Gross profit

12.6m6.9m16.5m8.1m6.5m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

11.1m12.5m10.6m6.7m5.3m4.9m6.6m8.7m6.5m3.4m4.7m4.5m3.1m6.8m10.2m4.0m

Cost of goods sold

7.3m8.7m7.4m4.0m3.7m3.0m3.3m2.8m2.6m1.8m2.3m2.2m1.6m3.7m5.5m1.8m

Gross profit

3.8m3.8m3.2m2.8m1.6m1.9m3.3m5.9m3.9m1.5m2.4m2.4m1.5m3.1m4.7m2.2m

Gross profit Margin, %

34%30%30%41%30%39%50%68%60%46%51%52%48%46%46%54%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

16.4m15.2m16.3m18.8m24.7m20.4m

Accounts Receivable

4.5m4.4m2.4m4.5m2.7m3.4m

Inventories

4.4m5.5m4.6m3.6m4.2m4.3m

Current Assets

34.4m36.5m29.3m29.4m34.2m28.7m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

15.8m15.3m14.4m14.2m15.6m15.8m16.3m17.2m17.5m18.2m23.7m25.0m24.7m23.4m20.9m20.3m

Accounts Receivable

4.8m6.9m4.6m4.6m3.4m3.9m5.3m6.6m5.8m3.8m4.1m2.1m1.5m2.4m1.8m3.2m

Inventories

5.0m5.4m5.9m5.3m4.6m4.1m4.5m4.1m4.0m4.2m4.3m4.5m4.5m4.4m4.7m4.3m

Current Assets

35.7m38.5m38.9m34.6m33.2m30.2m30.7m31.5m30.9m29.0m34.6m34.2m32.8m32.1m29.3m28.5m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.9m200.3k(5.9m)2.0m4.6m(3.7m)

Depreciation and Amortization

545.6k576.5k570.3k493.4k449.2k436.2k

Inventories

(624.4k)(1.3m)647.7k951.5k(626.7k)(100.5k)

Accounts Payable

1.2m30.5k(966.7k)67.8k(182.5k)208.5k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

1.0m784.2k497.0k593.7k(364.1k)(3.5m)(215.4k)1.6m226.8k(1.2m)5.9m4.8m(881.6k)(2.2m)(3.2m)139.4k

Depreciation and Amortization

332.3k103.4k210.5k316.9k116.1k

Inventories

5.9m5.3m4.6m4.1m4.5m4.1m4.0m4.2m4.3m(887.2k)(315.4k)(260.9k)(506.0k)(15.9k)

Accounts Payable

3.3m1.7m1.0m359.5k2.6m2.3m1.8m1.7m1.3m
USDY, 2018

Revenue/Employee

42.8k

Financial Leverage

1.1 x
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Innovative Solutions and Support Online and Social Media Presence

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Innovative Solutions and Support Blogs

SOFIC

Location: Tampa Convention Center Tampa, FL United States See map: Google Maps Subtitle: Special Operations and Forces International Convention Date and Time: 5/21/19 9:00 am EDT - 5/23/19…

Aircraft Electronics Association (AEA)

Location: Palm Springs Convention Center Palm Springs , CA United States See map: Google Maps Subtitle: 62nd Annual AEA International Convention and Trade Show Date and Time: 3/25/19 7:00 …

Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2019 Financial Results

Dateline City: EXTON, Pa. 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 2019 ended …

Innovative Solutions & Support Announces First Quarter 2019 Earnings Conference Call

Dateline City: EXTON, Pa. EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (NASDAQ: ISSC) announced today that the Company will release results for the first quarter 2019 (period ended December 31, 201…

IS&S ThrustSense® featured on Mojo Grip You Tube Channel

https://www.youtube.com/watch?v=3BcWhMBr8Og IS&S featured on Mojo Grip You Tube Channel Language: English

Innovative Solutions & Support, Inc. Announces Fourth Quarter and Fiscal Year 2018 Financial Results

Dateline City: EXTON, Pa. EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (ISSC) today announced its financial results for the fourth quarter and full fiscal year 2018, e…
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Innovative Solutions and Support Frequently Asked Questions

  • When was Innovative Solutions and Support founded?

    Innovative Solutions and Support was founded in 1988.

  • Who are Innovative Solutions and Support key executives?

    Innovative Solutions and Support's key executives are Geoffrey S. M. Hedrick, Brian Urbanski and Markus Knopf.

  • How many employees does Innovative Solutions and Support have?

    Innovative Solutions and Support has 93 employees.

  • What is Innovative Solutions and Support revenue?

    Latest Innovative Solutions and Support annual revenue is $13.9 m.

  • What is Innovative Solutions and Support revenue per employee?

    Latest Innovative Solutions and Support revenue per employee is $148.9 k.

  • Who are Innovative Solutions and Support competitors?

    Competitors of Innovative Solutions and Support include L3 Technologies, Bae Systems and Lockheed Martin.

  • Where is Innovative Solutions and Support headquarters?

    Innovative Solutions and Support headquarters is located at 720 Pennsylvania Dr, Exton.

  • Where are Innovative Solutions and Support offices?

    Innovative Solutions and Support has an office in Exton.

  • How many offices does Innovative Solutions and Support have?

    Innovative Solutions and Support has 1 office.