Innovative Solutions and Support Income Statement - Quarterly (NASDAQ:ISSC)

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$3.3 $0.01 (0.3%) ISSC stock closing price Oct 24, 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 QoQ decline of $2.15M. 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 $6.51M for 2016-Q3. Revenue has decreased by $2.15M QoQ for ISSC stock. View details of revenue and profits for Innovative Solutions and Support for latest & last 40 quarters.

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Fiscal year is Oct - Sep. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Innovative Solutions and Support Net Sales or Revenues
Cost Of Goods Sold (COGS)2.62M2.75M3.26M2.49M2.98M3.7M3.96M7.07M7.41M8.7M
Innovative Solutions and Support Gross Profit
Research & Development Expense1.4M1.33M0.93M0.62M0.79M0.64M0.65M0.69M0.64M0.66M
Selling General & Admin Expense2.24M2.59M2.69M2.94M1.39M1.57M1.94M5.49M1.85M2.03M
Income Before Depreciation Depletion Amortization0.23M1.97M-0.3M-2.89M-0.26M-0.63M0.16M-3.27M0.65M1.08M
Depreciation Depletion Amortization----------
Non Operating Income0.02M0.03M0.03M0.02M0.01M0.01M0.01M0.02M0.01M0.01M
Interest Expense----------
Innovative Solutions and Support Pretax Income
Provision for Income Taxes0.02M0.42M-0.05M-0.32M3.28M-0.25M-0.41M-1.17M0.17M0.31M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations0.23M1.58M-0.22M-1.43M-3.53M-0.36M0.59M-2.09M0.5M0.78M
Extraordinary Items & Discontinued Operations----------
Innovative Solutions and Support Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS17.06M17.02M16.91M16.91M16.91M16.93M17.04M17.17M17.18M17.15M
Average Shares used to compute Basic EPS16.94M16.93M16.91M16.91M16.91M16.93M16.96M16.96M16.95M16.92M
Income Before Nonrecurring Items0.23M1.58M-0.22M-1.43M-0.23M-0.36M0.59M0.49M0.5M0.78M
Income from Nonrecurring Items-----3.3M---2.58M--
Innovative Solutions and Support Earnings Per Share Basic Net
Innovative Solutions and Support Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.010.09-0.01-0.08-0.01-
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Innovative Solutions and Support stock analysis. It helps to look at the following income statement items:
  • Topline: A growing topline, as seen from the Innovative Solutions and Support revenue chart, as is not the case with Innovative Solutions and Support indicates a sagging business. One needs to compare the QoQ or YoY topline growth of ISSC stock with its peers like TATT stock and CVU stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $6.51M - other expenses = $0.23M 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