INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 | |
---|---|---|---|---|
Total net sales | 24,144,832 | 21,936,214 | 15,968,729 | 11,765,635 |
Service | 4,013,807 | - | - | - |
Product | 11,548,790 | - | - | - |
Total cost of sales | 15,562,597 | 10,668,991 | 9,358,272 | 5,485,814 |
Gross profit | 8,582,235 | 11,267,223 | 6,610,457 | 6,279,821 |
Selling, general and administrative | 4,151,074 | 3,415,675 | 4,158,903 | 3,143,334 |
Research and development | 916,829 | 867,228 | 1,107,736 | 1,099,367 |
Total operating expenses | 5,067,903 | 4,282,903 | 5,266,639 | 4,242,701 |
Operating income | 3,514,332 | 6,984,320 | 1,343,818 | 2,037,120 |
Interest income | 4,623 | 4,628 | 5,250 | 5,826 |
Interest expense | 407,459 | 387,318 | 427,149 | 172,784 |
Other income | - | - | 6 | 12,869 |
Income before income taxes | 3,111,496 | 6,601,630 | 921,925 | 1,883,031 |
Income tax expense | 667,682 | 1,265,288 | 185,733 | 330,511 |
Net income | 2,443,814 | 5,336,342 | 736,192 | 1,552,520 |
Earnings per share, basic | 0.14 | 0.3 | 0.04 | 0.09 |
Earnings per share, diluted | 0.14 | 0.3 | 0.04 | 0.09 |
Weighted average number of shares outstanding, basic | 17,601,814 | 17,548,844 | 17,514,193 | 17,461,652 |
Weighted average number of shares outstanding, diluted | 17,835,748 | 17,643,994 | 17,584,037 | 17,467,259 |