Innovative Solutions & Support Inc (OQ:ISSC)

Sector:  Industrials Industry:  Aerospace & Defense
See Regulatory Filings on SEC
Company Contact
Address: 420 Lapp Rd
MALVERN PA 19355-1212
Tel: 1-610-6469800
IR: See website
Key People
Geoffrey S. M. Hedrick
Executive Chairman of the Board, Chief Executive Officer
Shahram Askarpour
Glen R. Bressner
Independent Director and Vice Chairman of the Board
Relland M. Winand
Chief Financial Officer, IR Contact Officer
Business Overview
Innovative Solutions and Support, Inc. (IS&S) is a systems integrator that designs, develops, manufactures, sells and services air data equipment, engine display systems, standby equipment, flight guidance and cockpit display systems for retrofit applications and original equipment manufacturers (OEMs). The Company sells its products to both the OEM and the retrofit markets. It offers products, such as Flat Panel Display Systems, Flight Management Systems, Integrated Standby Units, Air Data Systems and Components, Engine and Fuel Displays, and Integrated Global Navigation System. The Company serves various OEMS; commercial air transport carriers and corporate/general aviation companies; the United States Department of Defense (DoD) and its commercial contractors; aircraft operators; aircraft modification centers, and foreign militaries. It also sells its products to agencies of the United States and foreign governments.
Financial Overview
For the nine months ended 30 June 2020, Innovative Solutions & Support Inc revenues increased 20% to $15.3M. Net income increased from $853K to $2M. Revenues reflect Product increase of 22% to $14.6M. Net income benefited from Interest Income increase of 3% to $152K (income). Basic Earnings per Share excluding Extraordinary Items increased from $0.05 to $0.12.
Employees: 71 as of Sep 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $81.81M as of Jun 30, 2020
Annual revenue (TTM): $20.10M as of Jun 30, 2020
EBITDA (TTM): $2.81M as of Jun 30, 2020
Net annual income (TTM): $3.02M as of Jun 30, 2020
Free cash flow (TTM): $0.41M as of Jun 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 16,984,426 as of Jul 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please subscribe. Our packages start at $1.00 plus tax for the first month.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.