Innovative Aerosystems, Inc. (ISSC) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 22.37M | 21.81M | 22.25M | 24.14M | 21.94M | 15.97M | 15.38M | 11.77M | 10.74M | 9.31M | 12.99M | 7.96M |
| Revenue Growth % | 1.95% | 36.56% | 44.6% | 105.21% | 104.26% | 71.56% | 18.41% | 47.82% | 46.31% | 42.84% | 78.88% | 14.75% |
| Cost of Goods Sold | 10.93M | 10.55M | 8.75M | 16.12M | 11.03M | 10.1M | 6.86M | 5.49M | 5.16M | 3.78M | 4.88M | 3.22M |
| COGS % of Revenue | 48.87% | 48.39% | 39.32% | 66.74% | 50.3% | 63.26% | 44.57% | 46.63% | 48.02% | 40.66% | 37.56% | 40.51% |
| Gross Profit | 11.43M | 11.25M | 13.5M | 8.03M | 10.9M | 5.87M | 8.53M | 6.28M | 5.58M | 5.52M | 8.11M | 4.73M |
| Gross Margin % | 51.13% | 51.61% | 60.68% | 33.26% | 49.7% | 36.74% | 55.43% | 53.37% | 51.98% | 59.34% | 62.44% | 59.49% |
| Gross Profit Growth % | 4.89% | 91.85% | 58.29% | 27.86% | 95.29% | 6.21% | 5.13% | 32.64% | 17.77% | 48.32% | 81.59% | 16.72% |
| Operating Expenses | 6.49M | 4.96M | 5.27M | 4.52M | 3.92M | 4.52M | 4.16M | 4.24M | 3.94M | 3.91M | 4.46M | 3.25M |
| OpEx % of Revenue | 29.03% | 22.75% | 23.69% | 18.7% | 17.86% | 28.32% | 27.05% | 36.06% | 36.68% | 41.98% | 34.33% | 40.8% |
| Selling, General & Admin | 4.7M | 3.63M | 4.17M | 3.6M | 3.05M | 3.41M | 3.06M | 3.14M | 2.91M | 3.01M | 3.72M | 2.4M |
| SG&A % of Revenue | 21.02% | 16.67% | 18.74% | 14.9% | 13.91% | 21.38% | 19.86% | 26.72% | 27.08% | 32.3% | 28.62% | 30.1% |
| Research & Development | 1.79M | 1.33M | 1.1M | 916.83K | 867.23K | 1.11M | 1.11M | 1.1M | 1.03M | 901.14K | 741.58K | 851.3K |
| R&D % of Revenue | 8% | 6.09% | 4.95% | 3.8% | 3.95% | 6.94% | 7.19% | 9.34% | 9.6% | 9.68% | 5.71% | 10.7% |
| Other Operating Expenses | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 4.94M | 6.29M | 8.23M | 3.51M | 6.98M | 1.34M | 4.37M | 2.04M | 1.64M | 1.62M | 3.65M | 1.49M |
| Operating Margin % | 22.1% | 28.85% | 36.99% | 14.56% | 31.84% | 8.42% | 28.38% | 17.31% | 15.3% | 17.35% | 28.11% | 18.69% |
| Operating Income Growth % | -29.22% | 368.25% | 88.48% | 72.51% | 325.08% | -16.8% | 19.54% | 36.94% | 15.11% | 104.07% | 58.99% | -11.76% |
| EBITDA | 5.91M | 7.32M | 9.14M | 4.33M | 7.62M | 2.71M | 5.03M | 2.65M | 2.06M | 2.03M | 4.09M | 1.58M |
| EBITDA Margin % | 26.42% | 33.56% | 41.08% | 17.95% | 34.75% | 16.98% | 32.67% | 22.51% | 19.16% | 21.77% | 31.49% | 19.79% |
| EBITDA Growth % | -22.46% | 169.94% | 81.79% | 63.68% | 270.41% | 33.76% | 22.86% | 68.13% | 35.97% | 131.11% | 71.36% | -11.31% |
| D&A (Non-Cash Add-back) | 966.21K | 1.03M | 908.67K | 820.41K | 637.57K | 1.37M | 660.71K | 611.15K | 414.66K | 411.42K | 439.05K | 87.5K |
| EBIT | 4.94M | 6.29M | 8.23M | 3.51M | 6.98M | 1.34M | 4.31M | 2.06M | 1.71M | 1.71M | 4.32M | 1.76M |
| Net Interest Income | -505.15K | -491.95K | -498.84K | -402.84K | -382.69K | -421.9K | -227.22K | -166.96K | -135.27K | -280.53K | -307.59K | 185.65K |
| Interest Income | 3.71K | 4.12K | 4.44K | 4.62K | 4.63K | 5.25K | 5.83K | 5.83K | 36.2K | 79.48K | 85.69K | 185.65K |
| Interest Expense | 508.86K | 496.07K | 503.28K | 407.46K | 387.32K | 427.15K | 233.04K | 172.78K | 171.47K | 360.01K | 393.28K | 0 |
| Other Income/Expense | -505.15K | -427.85K | 1.09M | -402.84K | -382.69K | -421.89K | -284.25K | -154.09K | -108.8K | -262.83K | -287.77K | 275.7K |
| Pretax Income | 4.44M | 5.86M | 9.32M | 3.11M | 6.6M | 921.92K | 4.08M | 1.88M | 1.53M | 1.35M | 3.36M | 1.76M |
| Pretax Margin % | 19.84% | 26.89% | 41.88% | 12.89% | 30.09% | 5.77% | 26.53% | 16% | 14.29% | 14.53% | 25.9% | 22.15% |
| Income Tax | 1M | 1.81M | 2.21M | 667.68K | 1.27M | 185.73K | 901.72K | 330.51K | 325.94K | 295.01K | 730.2K | 339.96K |
| Effective Tax Rate % | 22.63% | 30.79% | 23.67% | 21.46% | 19.17% | 20.15% | 22.09% | 17.55% | 21.24% | 21.81% | 21.7% | 19.28% |
| Net Income | 3.43M | 4.06M | 7.11M | 2.44M | 5.34M | 736.19K | 3.18M | 1.55M | 1.21M | 1.06M | 2.63M | 1.42M |
| Net Margin % | 15.35% | 18.61% | 31.97% | 10.12% | 24.33% | 4.61% | 20.67% | 13.2% | 11.25% | 11.36% | 20.28% | 17.88% |
| Net Income Growth % | -35.65% | 451.36% | 123.61% | 57.41% | 341.63% | -30.37% | 20.71% | 9.07% | -4.94% | 51.34% | 64.46% | 4.72% |
| Net Income (Continuing) | 3.43M | 4.06M | 7.11M | 2.44M | 5.34M | 736.19K | 3.18M | 1.55M | 1.21M | 1.06M | 2.63M | 1.42M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.19 | 0.22 | 0.39 | 0.14 | 0.30 | 0.04 | 0.18 | 0.09 | 0.07 | 0.06 | 0.15 | 0.08 |
| EPS Growth % | -36.67% | 425.06% | 116.67% | 57.48% | 334.15% | -30.74% | 20% | 9.75% | -5.6% | 50.12% | 56.74% | 2.92% |
| EPS (Basic) | 0.19 | 0.23 | 0.40 | 0.14 | 0.31 | 0.04 | 0.18 | 0.09 | 0.07 | 0.06 | 0.15 | 0.08 |
| Diluted Shares Outstanding | 18.3M | 18.06M | 18.18M | 17.84M | 17.64M | 17.58M | 17.48M | 17.47M | 17.49M | 17.47M | 17.45M | 17.58M |
| Basic Shares Outstanding | 17.8M | 17.69M | 17.63M | 17.6M | 17.55M | 17.51M | 17.46M | 17.46M | 17.46M | 17.45M | 17.4M | 17.58M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |