$34.5 M

ISSC Mkt cap, 04-Dec-2018

$10.2 M

Innovative Solutions and Support Revenue Q3, 2018
Innovative Solutions and Support Gross profit (Q3, 2018)4.7 M
Innovative Solutions and Support Gross profit margin (Q3, 2018), %46.3%
Innovative Solutions and Support Net income (Q3, 2018)-3.2 M
Innovative Solutions and Support EBIT (Q3, 2018)-3.3 M
Innovative Solutions and Support Cash, 30-Jun-201820.9 M

Innovative Solutions and Support Revenue

Innovative Solutions and Support revenue was $16.79 m in FY, 2017 which is a 40% year over year decrease from the previous period.

Embed Graph

Innovative Solutions and Support Income Statement

Annual

USDFY, 2013FY, 2015FY, 2016FY, 2017

Revenue

31.6m20.1m28.0m16.8m

Revenue growth, %

39%(40%)

Cost of goods sold

18.9m13.1m11.5m8.7m

Gross profit

12.6m6.9m16.5m8.1m

Gross profit Margin, %

40%35%59%48%

R&D expense

4.9m4.5m

General and administrative expense

9.2m3.7m

Operating expense total

14.0m8.2m

Depreciation and amortization

449.2k

EBIT

1.9m(3.6m)2.4m(77.6k)

EBIT margin, %

6%(18%)9%0%

Interest income

41.2k24.8k33.5k35.9k

Pre tax profit

2.0m(3.6m)2.6m4.8m

Income tax expense

119.8k2.3m568.3k247.9k

Net Income

1.9m(5.9m)2.0m4.6m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

34%30%30%41%30%39%50%68%60%46%51%52%48%46%46%

R&D expense

626.9k660.9k647.9k655.0k647.5k799.3k931.6k1.3m1.4m1.1m1.1m1.2m923.7k2.0m3.0m

General and administrative expense

1.7m2.0m1.9m1.9m1.6m1.4m2.7m2.6m2.2m2.0m1.7m1.7m1.6m3.4m5.0m

Operating expense total

2.4m2.7m2.5m2.6m2.2m2.2m3.6m3.9m3.7m3.1m(634.4k)2.9m2.5m5.3m8.0m

EBIT

1.4m1.1m659.9k166.3k(638.0k)(264.9k)(308.7k)2.0m232.3k(1.6m)3.0m(541.2k)(1.1m)(2.2m)(3.3m)

EBIT margin, %

13%9%6%2%(12%)(5%)(5%)23%4%(47%)64%(12%)(34%)(32%)(32%)

Interest income

10.5k5.3k5.3k5.9k6.0k6.4k7.0k8.3k9.1k9.9k9.9k7.7k9.6k21.3k36.5k

Pre tax profit

1.4m1.1m673.1k183.0k(622.5k)(247.3k)(269.3k)2.0m253.9k(1.6m)7.1m(517.9k)(1.0m)(2.1m)(3.2m)

Income tax expense

416.2k319.6k176.1k(410.7k)(258.5k)3.3m(53.9k)429.8k27.1k(371.3k)1.2m(537.1k)(138.9k)61.8k61.9k

Net Income

1.0m784.2k497.0k593.7k(364.1k)(3.5m)(215.4k)1.6m226.8k(1.2m)5.9m19.2k(881.6k)(2.2m)(3.2m)

Innovative Solutions and Support Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

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

Inventories

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

Current Assets

34.4m36.5m29.3m29.4m34.2m

PP&E

7.3m7.5m7.1m7.0m6.7m

Total Assets

42.6m44.2m36.6m36.5m41.0m

Accounts Payable

2.4m2.4m1.4m1.5m1.3m

Short-term debt

Current Liabilities

6.5m7.0m4.8m3.6m3.4m

Long-term debt

Total Debt

Total Liabilities

3.6m3.4m

Additional Paid-in Capital

49.9m50.7m51.1m51.4m51.6m

Retained Earnings

6.5m6.7m818.8k2.8m7.4m

Total Equity

36.0m37.0m31.3m32.8m37.6m

Financial Leverage

1.2 x1.2 x1.2 x1.1 x1.1 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

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

Accounts Receivable

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

Inventories

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

Current Assets

35.7m38.5m38.9m34.6m33.2m30.2m30.7m31.5m30.9m29.0m34.6m34.2m32.8m32.1m29.3m

PP&E

7.5m7.6m7.5m7.4m7.4m7.2m7.0m6.9m7.0m6.9m6.8m6.8m6.6m6.6m8.9m

Total Assets

43.5m46.4m46.6m42.9m41.7m37.6m37.9m38.6m38.0m36.0m41.6m41.2m39.7m38.9m38.3m

Accounts Payable

2.3m3.7m3.3m1.7m1.0m359.5k2.6m2.3m1.8m1.7m1.3m1.0m926.8k1.4m1.3m

Current Liabilities

6.2m7.9m7.4m5.2m4.3m3.4m6.2m5.2m4.4m4.3m3.8m3.3m2.8m3.2m3.6m

Total Liabilities

6.4m8.1m7.5m5.3m4.4m3.8m6.7m5.6m5.0m4.4m3.8m3.4m2.9m3.3m3.8m

Additional Paid-in Capital

50.0m50.4m50.6m50.9m51.0m51.1m51.2m51.4m51.4m51.4m51.6m51.6m51.6m51.8m51.8m

Retained Earnings

7.5m8.3m8.8m7.3m6.9m3.4m603.3k2.2m2.4m1.6m7.5m7.6m6.5m5.2m4.1m

Total Equity

37.1m38.3m39.0m37.6m37.3m33.8m31.2m33.0m33.0m31.7m37.8m37.8m36.7m35.6m34.6m

Financial Leverage

1.2 x1.2 x1.2 x1.1 x1.1 x1.1 x1.2 x1.2 x1.2 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x

Innovative Solutions and Support Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

(510.9k)69.6k2.0m(2.1m)1.8m

Inventories

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

Accounts Payable

1.2m30.5k(966.7k)67.8k(182.5k)

Cash From Operating Activities

(2.2m)(712.2k)1.4m3.6m6.1m

Purchases of PP&E

(605.3k)(719.5k)(188.5k)(352.8k)(153.0k)

Cash From Investing Activities

(586.8k)(718.9k)(119.0k)(351.7k)(153.0k)

Cash From Financing Activities

259.5k(215.2k)(724.8k)

Net Change in Cash

5.9m

Interest Paid

599.0

Income Taxes Paid

400.0k

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

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)

Depreciation and Amortization

332.3k103.4k210.5k316.9k

Accounts Receivable

4.6m4.6m3.4m3.9m5.3m6.6m5.8m3.8m4.1m2.4m1.3m375.0k967.8k

Inventories

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

Accounts Payable

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

Cash From Operating Activities

6.3m65.4k(1.1m)(1.3m)

Purchases of PP&E

(130.1k)(83.3k)(128.7k)(2.5m)

Cash From Investing Activities

(130.1k)(83.3k)(128.7k)(2.5m)

Income Taxes Paid

(201.2k)

Innovative Solutions and Support Ratios

USDY, 2018

Financial Leverage

1.1 x
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Innovative Solutions and Support Employee Rating

2.827 votes
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2.7
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2.2
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2.0
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2.5
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2.7
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