Company Quick10K Filing
Innovative Solutions & Support
10-Q 2020-03-31 Filed 2020-05-15
10-Q 2019-12-31 Filed 2020-02-07
10-K 2019-09-30 Filed 2019-12-23
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-Q 2018-12-31 Filed 2019-02-14
10-K 2018-09-30 Filed 2018-12-21
10-Q 2018-06-30 Filed 2018-08-10
10-Q 2018-03-31 Filed 2018-05-11
10-Q 2017-12-31 Filed 2018-02-14
10-K 2017-09-30 Filed 2017-12-15
10-Q 2017-06-30 Filed 2017-08-11
10-Q 2017-03-31 Filed 2017-05-12
10-Q 2016-12-31 Filed 2017-02-10
10-K 2016-09-30 Filed 2016-12-16
10-Q 2016-06-30 Filed 2016-08-12
10-Q 2016-03-31 Filed 2016-05-16
10-Q 2015-12-31 Filed 2016-02-16
10-K 2015-09-30 Filed 2016-01-14
10-Q 2015-06-30 Filed 2015-08-10
10-Q 2015-03-31 Filed 2015-05-11
10-Q 2014-12-31 Filed 2015-02-17
10-K 2014-09-30 Filed 2014-12-15
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-12
10-Q 2013-12-31 Filed 2014-02-11
10-K 2013-09-30 Filed 2013-12-20
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-09
10-Q 2012-12-31 Filed 2013-02-11
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-04
10-Q 2011-12-31 Filed 2012-02-03
10-K 2011-09-30 Filed 2011-12-14
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-Q 2010-12-31 Filed 2011-02-08
10-K 2010-09-30 Filed 2010-12-14
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-06
10-Q 2009-12-31 Filed 2010-02-03
8-K 2020-05-13 Earnings, Exhibits
8-K 2020-05-04 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-04-16 Shareholder Vote
8-K 2020-02-05 Earnings, Exhibits
8-K 2019-12-11 Earnings, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-04-02 Shareholder Vote
8-K 2019-02-06 Earnings, Exhibits
8-K 2018-12-17 Earnings, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-04-30 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-04-23 Shareholder Vote
8-K 2018-02-13 Earnings, Exhibits

Innovative Solutions & Support Financials

ISSC Metrics, Comps, Filings

Quarterly | Annual

Business

Innovative Solutions and Support, Inc. (the "Company," "IS&S," "we" or "us") was incorporated in Pennsylvania on February 12, 1988. The Company operates in one business segment 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"). The Company supplies integrated Flight Management Systems ("FMS"), Flat Panel Display Systems ("FPDS"), Autothrottle Systems, air data equipment, Integrated Standby Units ("ISU") and advanced Global Positioning System ("GPS") receivers that enable reduced carbon footprint navigation.

The Company has continued to position itself as a system integrator, which provides the Company with the capability and potential to generate more substantive orders over a broader product base. This strategy, as both a manufacturer and integrator, is designed to leverage the latest technologies developed for the computer and telecommunications industries into advanced and cost-effective solutions for the general aviation, commercial air transport, United States Department of Defense ("DoD")/governmental and foreign military markets. This approach, combined with the Company's industry experience, is designed to enable IS&S to develop high-quality products and systems, to reduce product time to market, and to achieve cost advantages over products offered by its competitors.

For several years the Company has been working with advances in technology to provide pilots with more information to enhance both the safety and efficiency of flying, and has developed its COCKPIT/IP® Cockpit Information Portal ("CIP") product line, that incorporates proprietary technology, low cost, reduced power consumption, decreased weight, and increased functionality. The Company has incorporated Electronic Flight Bag ("EFB") functionality, such as charting and mapping systems, into its FPDS product line.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Fang Holdings (SFUN) 119,812 0% 1,824,436 1,229,236 0 0 0 0 346,002
Park City Group (PCYG) 114,695 70% 24.5 6% 53,095 10,222 20,028 14,098 3,114 3,964 97,245
Leaf Group (LEAF) 114,276 24% -7.4 -26% 81,748 31,370 109,857 26,126 -21,533 -13,707 101,465
Asure Software (ASUR) 102,712 30% 21.5 -3% 335,426 241,777 162,037 48,559 -11,217 9,758 210,148
Veritone (VERI) 88,991 65% -0.9 -40% 118,374 67,576 37,200 24,009 -47,194 -44,657 38,647
Innovative Solutions & Support (ISSC) 78,274 56% 24.3 5% 38,557 2,349 17,573 9,896 1,850 2,303 55,857
Nanthealth (NH) 76,328 57% -0.8 -36% 278,416 324,993 94,633 53,762 -100,136 -82,761 65,866
Computer Task Group (CTG) 68,820 5% 11.1 -2% 152,363 86,135 387,979 17,738 -2,805 5,220 58,127
Rumbleon (RMBL) 63,045 6% -2.1 -26% 114,924 88,528 713,678 41,623 -30,150 -23,515 49,651
Realnetworks (RNWK) 60,907 43% -2.8 -12% 176,832 132,899 145,270 63,113 -20,541 -14,903 41,332
CSP (CSPI) 55,830 23% -230.0 -1% 59,369 28,941 79,061 18,026 -371 -167 38,415
GreenPro Capital (GRNQ) 47,063 65% -79.3 -9% 8,648 4,810 3,316 2,150 -775 -583 46,205
Mind CTI (MNDO) 45,186 0% 25,978 4,996 0 0 0 0 42,383
Support.com (SPRT) 43,034 26% 5.4 6% 57,229 5,277 50,009 12,825 3,689 3,859 20,938
Innodata (INOD) 32,916 0% 15.3 -3% 52,152 22,749 41,179 0 -1,659 1,538 23,513
Perion Network (PERI) 30,768 0% 256,446 107,665 0 0 0 0 -10,035
Widepoint (WYY) 26,280 17% 14.2 0% 55,783 30,635 73,627 12,625 260 1,349 19,181
Streamline Health Solutions (STRM) 25,363 0% -918.4 -3% 31,551 16,540 15,519 0 -974 -31 28,865
Net Element (NETE) 22,423 6% -17.6 -21% 23,441 16,577 48,354 2,740 -4,850 -1,681 29,502
MTech Acquisition (MTEC) 22,301 105.0 0% 58,739 53,739 0 0 129 212 22,294

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash42,58142,62642,78443,19841,80742,97817,02816,32416,60816,38615,82715,28414,39315,21514,20915,56815,76016,28216,27317,20817,53018,76818,16123,69324,98124,68024,66223,43920,87920,39120,34221,24122,56322,417
Accounts Receivable3,0653,1242,5603,5832,7003,9794,2395,9075,0974,4894,7606,8734,5544,4204,5583,3913,9032,3955,3476,5845,8394,5113,7874,1222,0732,7491,4812,3741,7813,4503,2192,6201,4422,349
Inventory4,3773,5094,1444,4794,0833,8023,4683,9124,0394,3784,9765,4055,8735,4715,2764,6194,1394,5974,5244,0714,0083,6464,1984,3324,5334,1804,4954,4414,6864,2804,2964,5714,4454,471
PP&E7,5577,4767,4637,33717,20117,25517,29817,40817,67717,69517,98718,14618,21218,28218,30118,42718,40618,37618,42818,43818,62018,64618,69318,72618,76718,75618,84018,88521,29221,23821,27821,31121,30421,310
Assets58,89158,25858,53460,43958,64462,59738,08240,37241,61142,63143,47246,36846,56844,16342,88341,72737,60036,61437,90938,60538,03736,48936,03241,61941,15341,03839,66038,90538,33537,63437,37937,80037,75938,557
Accounts Payable1,0914441,0271,6203851,1397791,7192,0172,3722,2893,6693,2902,4031,6711,0403591,4362,5712,2631,8491,5041,7141,3441,0221,3219271,3911,3301,5301,0409868231,079
Long-Term Debt
Liabilities4,4563,9974,8266,5044,4065,5174,7565,6816,3696,6366,3828,0697,5327,1515,3194,4373,7905,2716,7265,6485,0243,6414,3793,8443,3593,4292,9333,2953,7663,4793,0863,1012,5482,349
Stockholders' Equity54,26153,70853,93554,23857,08033,32634,69235,24235,99437,09038,29939,03537,01237,56437,29033,81131,34231,18332,95733,01432,84831,65337,77537,79437,60836,72735,61034,56934,15434,29434,70035,21136,208
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue5,9716,1154,7556,7606,1346,9286,5378,2158,7788,03711,10614,82310,5769,9186,7245,2864,9203,1376,5848,6616,5056,2213,4754,6544,5414,2253,0883,7273,3903,6463,9784,2034,5904,802
Cost of Revenue2,8123,3242,6303,6603,5194,2603,4964,2645,3335,8507,3258,7107,4147,0603,9623,7032,9882,4823,2682,7582,6212,8361,8282,3022,1642,3741,5932,0821,8071,8291,8121,8572,0651,943
Gross Profit3,1603,1662,1263,1012,6162,6683,0403,9513,4452,1873,7804,1203,1622,8592,7621,5831,9326553,3165,9033,8843,3851,5382,3512,3771,8521,4951,6451,5831,8162,1662,3462,5252,859
R&D1,4091,1827909264165618518055593636276616486826556557996039321,3381,4051,1991,0861,0691,2361,0659241,0321,028592596648723522
SG&A1,8561,8891,9941,8281,8441,7351,8051,9352,6011,7781,7452,0351,8545,4771,9401,6601,3972,9362,6932,5932,2461,6392,0471,4731,5251,4161,464
Tax10153861240130123100-91416320176-1,195190-2583,285-312-5443027165-3711,206-5370-13959902080-6
Net Income-79-186-882-1,317-1,041-414139202511997
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating622628-1,2091,340-1,661-595670-567-222-585-813908-7261,489150488579436801,882-5595,564-27865-1,178-153-475-99321,326-141
Cash Investing-1120-47-59-43-110-398-36-337-189-98-95-26-12941-4-66-9-188-90-47-33-23-83-45-2,406-13-40-32-3-6
Cash Financing-352-214-135-111-24,245112381209-2540039-555