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Income Statement
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
source: myfinsight.com
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Product
$16,601,648
Service
$7,543,184
Total net sales
$24,144,832
(105.21%↑ Y/Y)
Gross profit
$8,582,235
(36.66%↑ Y/Y)
Total cost of sales
$15,562,597
(183.69%↑ Y/Y)
Interest income
$4,623
(-20.65%↓ Y/Y)
Operating income
$3,514,332
(72.51%↑ Y/Y)
Total operating
expenses
$5,067,903
(19.45%↑ Y/Y)
Product
$11,548,790
Service
$4,013,807
Income before income
taxes
$3,111,496
(65.24%↑ Y/Y)
Interest expense
$407,459
(135.82%↑ Y/Y)
Research and development
$916,829
(-16.60%↓ Y/Y)
Selling, general and
administrative
$4,151,074
(32.06%↑ Y/Y)
Net income
$2,443,814
(57.41%↑ Y/Y)
Income tax expense
$667,682
(102.02%↑ Y/Y)
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