Innovative Solutions and Support Annual Income Statement (NASDAQ:ISSC)

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$3.3 $0.12 (3.77%) ISSC stock closing price Oct 20, 2016 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Innovative Solutions and Support stock price. In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the ISSC stock is bound to reflect the impact of the YoY decline of $24.03M. One also needs to look at Innovative Solutions and Support assets, operating expenses and Innovative Solutions and Support free cash flow. The profit and loss statement shows revenue of $20.06M for 2015. Revenue has decreased by $24.03M YoY for ISSC stock. Innovative Solutions and Support revenue for 2015 is $20.06M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Oct - Sep. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Innovative Solutions and Support Net Sales or Revenues
Cost Of Goods Sold (COGS)13.13M30.5M18.94M14.06M11.94M11.52M17.89M20.55M14.15M8.63M
Innovative Solutions and Support Gross Profit
Research & Development Expense2.7M2.61M2.57M2.69M5.5M5.23M5.31M10.3M5.18M6.74M
Selling General & Admin Expense7.84M11.11M8.11M7.4M7.68M8.09M8.64M24.78M15.84M9.86M
Income Before Depreciation Depletion Amortization-3.62M-0.14M1.92M0.41M0.6M0.4M4.87M-25.1M-16.82M-8.52M
Depreciation Depletion Amortization----------
Non Operating Income0.05M0.05M0.07M0.16M0.29M0.23M0.44M18.87M3.09M3.28M
Interest Expense------0.08M0.16M0.2M0.18M
Innovative Solutions and Support Pretax Income
Provision for Income Taxes2.3M-0.28M0.11M-2.39M0.18M-0.1M0.23M1.5M-5.09M-2.54M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-5.86M0.2M1.88M2.97M0.71M0.74M5M-7.89M-8.84M-2.88M
Extraordinary Items & Discontinued Operations----------
Innovative Solutions and Support Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS16.92M17.15M16.86M16.64M16.83M16.78M16.76M16.89M16.87M17.39M
Average Shares used to compute Basic EPS16.92M16.93M16.75M16.64M16.78M16.75M16.75M16.89M16.87M17.39M
Income Before Nonrecurring Items-1.03M2.77M2.39M0.58M0.72M0.75M5.01M-11.5M-6.69M-2.88M
Income from Nonrecurring Items-3.7M-2.57M-0.51M2.4M---3.6M-2.16M-
Innovative Solutions and Support Earnings Per Share Basic Net
Innovative Solutions and Support Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items-
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common--3.00----1.00--
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on Innovative Solutions and Support stock analysis. An investor must check the following items in an income statement:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Innovative Solutions and Support revenue chart) implies that the company is growing, which has not been the case with Innovative Solutions and Support. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $20.06M - other expenses = $-5.86M for ISSC stock. An improving bottomline implies that the company is growing profits.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Innovative Solutions and Support historical stock prices to check how the price has moved with time. .

Innovative Solutions and Support Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield