Sector: Industrials | Industry: Aerospace & Defense |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 720 Pennsylvania Drive EXTON PA 19341 |
Tel: | 1-610-6469800 |
Website: | https://innovative-ss.com |
IR: | See website |
Key People | ||
Shahram Askarpour President, Chief Executive Officer, Director | Relland M. Winand Interim Chief Financial Officer | Jeffrey DiGiovanni Chief Financial Officer |
Business Overview |
Innovative Solutions and Support Inc (IS&S) operates as a systems integrator that designs, develops, manufactures, sells and services air data equipment, engine display systems, standby equipment, primary flight guidance, autothrottles and cockpit display systems for retrofit applications and original equipment manufacturers (OEMs). IS&S supplies integrated Flight Management Systems (FMS), Flat Panel Display Systems (FPDS), FPDS with Autothrottle, air data equipment, Integrated Standby Units (ISU), ISU with Autothrottle and advanced Global Positioning System (GPS) receivers that enable reduced carbon footprint navigation, communication, and navigation products. IS&S offers solutions for the general aviation, commercial air transport, United States Department of Defense (DoD)/governmental and foreign military markets. The Company provides pilots with information to enhance both the safety and efficiency of flying, through its COCKPIT/IP Cockpit Information Portal (CIP) product line. |
Financial Overview |
For the three months ended 31 December 2023, Innovative Solutions and Support Inc revenues increased 43% to $9.3M. Net income increased 51% to $1.1M. Revenues reflect Engineeringmodification and devel increase of 79% to $657K. Basic Earnings per Share excluding Extraordinary Items increased from $0.04 to $0.06. |
Employees: | 95 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $137.95M as of Dec 31, 2023 |
Annual revenue (TTM): | $37.60M as of Dec 31, 2023 |
EBITDA (TTM): | $9.21M as of Dec 31, 2023 |
Net annual income (TTM): | $6.39M as of Dec 31, 2023 |
Free cash flow (TTM): | $4.05M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $10.14M as of Dec 31, 2023 |
Shares outstanding: | 17,459,983 as of Feb 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |