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Innovative Solutions and Support: Enjoying Multiple Tailwinds
Seeking Alpha· 2025-07-17 07:32
Innovative Solutions and Support ( ISSC ) designs, produces, and sells avionics solutions. The company's product line includes electronic devices and systems that are widely used in aircraft. Some of the company's main product lines include Flat Panel Display Systems (multi-function LCD screens thatI own separate portfolios for separate goals. I have one portfolio where I have nothing but income plays, another portfolio where I have nothing but growth stocks. I also have another portfolio where I run my opt ...
Singular Research Reports on Innovative Solutions & Support's Q2 2025 Results
Newsfile· 2025-05-27 13:00
Singular Research Reports on Innovative Solutions & Support's Q2 2025 ResultsMay 27, 2025 9:00 AM EDT | Source: Singular ResearchLos Angeles, California--(Newsfile Corp. - May 27, 2025) - Singular Research, a leading provider of independent research on small-cap companies, today released its analysis of Innovative Solutions & Support, Inc.'s (NASDAQ: ISSC) second quarter fiscal year 2025 financial results.A link to the report is available here: https://files.constantcontact.com/1683279a601/644 ...
Innovative Solutions And Support: There's Still Upside In The Current Price
Seeking Alpha· 2025-05-19 17:20
Innovative Solutions And Support (NASDAQ: ISSC ) was severely punished this year after reporting poor Q1 2025 profitability. However, I commented at the time that this appeared to be temporary. In its recent Q2 2025 report, theMy name is María Fernanda and I'm currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to ...
Innovative Solutions and Support(ISSC) - 2025 Q2 - Quarterly Report
2025-05-15 20:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-41503 INNOVATIVE SOLUTIONS AND SUPPORT, INC. | Title of each class | Trading Symbol(s) | Name of each exchange on which regi ...
Innovative Solutions and Support(ISSC) - 2025 Q2 - Earnings Call Transcript
2025-05-15 14:02
Innovative Solutions & Support (ISSC) Q2 2025 Earnings Call May 15, 2025 09:00 AM ET Company Participants Paul Bartolai - Investor RelationsShahram Askarpour - Chief Executive OfficerJeffrey DiGiovanni - Chief Financial OfficerDouglas Ruth - PresidentAndrew Rem - Portfolio Manager Conference Call Participants Gowshihan Sriharan - Analyst Operator Good day, and welcome to the Innovative Solutions and Support second quarter twenty twenty five results conference call and webcast. All participants will be in th ...
Innovative Solutions and Support(ISSC) - 2025 Q2 - Earnings Call Transcript
2025-05-15 14:00
Innovative Solutions & Support (ISSC) Q2 2025 Earnings Call May 15, 2025 09:00 AM ET Speaker0 Good day, and welcome to the Innovative Solutions and Support second quarter twenty twenty five results conference call and webcast. All participants will be in the listen only mode. Should you need assistance, please signal the conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press then 1 on your tele ...
Innovative Solutions and Support(ISSC) - 2025 Q2 - Quarterly Results
2025-05-14 20:54
Exhibit 99.1 INNOVATIVE SOLUTIONS & SUPPORT REPORTS SECOND QUARTER 2025 RESULTS Exton, PA, May 14, 2025 – Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today reported fiscal second quarter financial results for the three-month period ended March 31, 2025. SECOND QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) MANAGEMENT COMMEN ...
Innovative Solutions and Support: Short-Term Noise Offers An Investment Opportunity
Seeking Alpha· 2025-03-10 05:55
Core Insights - Innovative Solutions and Support (NASDAQ: ISSC) has experienced high sales growth following the acquisition of Honeywell product lines, but this has negatively impacted profit margins [1]. Group 1 - The company develops avionics systems and has seen significant sales growth due to the recent acquisition [1]. - The acquisition of Honeywell product lines has led to both increased revenue and challenges in maintaining profit margins [1].
Innovative Solutions And Support, Inc. Looks Interesting For Long Term Investors
Seeking Alpha· 2025-02-24 22:19
Group 1 - The aerospace and defense contractors are facing challenges due to President Trump's announcement of significant budget cuts to the defense budget [1] - The Trump Administration's objective is to reduce the defense budget, which has implications for contractors working with the U.S. Department of Defense [1] Group 2 - The article does not provide any additional relevant information regarding companies or industries beyond the defense sector [2][3]
Innovative Solutions and Support(ISSC) - 2025 Q1 - Quarterly Report
2025-02-14 22:25
Financial Performance - For the three months ended December 31, 2024, total net sales increased, with product sales at 62.5% and service sales at 37.5% compared to 47.5% and 52.5% respectively in 2023[150] - Gross profit margin decreased to 41.4% in 2024 from 59.3% in 2023, indicating a significant decline in profitability[150] - Operating income fell to 8.4% in 2024 from 17.4% in 2023, reflecting challenges in maintaining profitability[150] - Net income decreased to 4.5% in 2024 compared to 11.4% in 2023, highlighting a decline in overall financial performance[150] - Net income for the three months ended December 31, 2024 was $0.7 million, down from $1.1 million in the same period of 2023, with diluted net income per share decreasing to $0.04 from $0.06[160] Sales and Cost Analysis - The cost of sales for products rose to 39.2% from 19.1%, while service costs decreased slightly to 19.4% from 21.6%, leading to a total cost of sales of 58.6% in 2024 compared to 40.7% in 2023[150] - Cost of sales was $9.4 million, or 58.6% of net sales, for the three months ended December 31, 2024, compared to $3.8 million, or 40.7% of net sales, for the same period in 2023, resulting in a gross margin decrease to 41.4% from 59.3%[153] - Operating expenses as a percentage of net sales decreased to 33.0% in 2024 from 42.0% in 2023, with research and development expenses at 7.0% and selling, general and administrative expenses at 26.0%[150] - Selling, general, and administrative expenses rose by $1.2 million, or 38.3%, to $4.2 million, accounting for 26.0% of sales compared to 32.3% in the prior year[155] Acquisitions and Strategic Initiatives - The company completed the acquisition of certain assets from Honeywell for a total consideration of $35.9 million in June 2023, followed by additional acquisitions totaling $4.2 million in July 2024 and $14.2 million in September 2024[135][136][137] - The strategic acquisitions from Honeywell are expected to enhance the company's offerings in air transport, military, and business aviation markets, potentially leading to cost synergies[138] - The company announced a multi-million dollar production contract for its 19" Multifunction Display with Integrated Mission Computer, enhancing its commercial growth strategy[178] Research and Development - The company continues to focus on research and development, with plans to invest in new product development while expensing associated R&D costs as incurred[140] - Research and development expenses increased to $1.1 million for the three months ended December 31, 2024, representing 7.0% of net sales, down from 9.7% in the same period of 2023[154] Market and Operational Risks - The company operates in a competitive environment, facing risks related to market acceptance of its products and potential economic downturns affecting customer spending[124][143] - The Company is exposed to market risks primarily due to changes in interest rates, with a hypothetical 1% increase potentially affecting interest income and cash flows by approximately $5,030 for the three months ended December 31, 2024[180] Backlog and Revenue Recognition - The company's backlog at December 31, 2024 was $80.8 million, down from $89.2 million at September 30, 2024, with $74.3 million of acquired backlog from a recent acquisition[177] - The company expects to recognize approximately 65% of its backlog as revenue over the next 12 months and about 98% over the next 24 months[177] Financial Position and Controls - Cash and cash equivalents increased to $604,561 as of December 31, 2024, compared to $538,977 as of September 30, 2024, while net cash provided by operating activities was $1.8 million[161][171] - The Company has no off-balance sheet arrangements or relationships with unconsolidated entities[179] - The Company's disclosure controls and procedures were evaluated as effective as of December 31, 2024, ensuring timely and accurate reporting[181] - There were no changes in the Company's internal control over financial reporting that materially affected its operations during the fiscal quarter ended December 31, 2024[182] - The Company is subject to various legal proceedings, but does not believe any pending matters will materially affect its financial position[183]