| Income Statement | 2025-09-30 | 2024-09-30 | ||
|---|---|---|---|---|
| Total net sales | 84,296,889 | 47,198,020 | ||
| Product | 27,448,167 | - | ||
| Service | 16,336,841 | - | ||
| Total cost of sales | 43,785,008 | 21,284,429 | ||
| Gross profit | 40,511,881 | 25,913,591 | ||
| Research and development | 3,992,086 | 4,137,985 | ||
| Selling, general and administrative | 16,447,805 | 12,114,069 | ||
| Total operating expenses | 20,439,891 | 16,252,054 | ||
| Operating income | 20,071,990 | 9,661,537 | ||
| Interest expense | 1,725,205 | 937,309 | ||
| Interest income | 18,943 | 127,332 | ||
| Other income | 1,585,735 | - | ||
| Income before income taxes | 19,951,463 | 8,851,560 | ||
| Income tax expense | 4,323,803 | 1,853,180 | ||
| Net income | 15,627,660 | 6,998,380 | ||
| Earnings per share, basic | 0.89 | 0.4 | ||
| Earnings per share, diluted | 0.88 | 0.4 | ||
| Weighted average number of shares outstanding, basic | 17,572,980 | 17,459,823 | ||
| Weighted average number of shares outstanding, diluted | 17,829,033 | 17,480,247 | ||
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)