Innovative Aerosystems, Inc. (ISSC) — Financial statements
Income statement, balance sheet, and cash flow for Innovative Aerosystems, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 84↑78.6% | 47↑35.6% | 35↑25.5% | 28↑20.4% | 23 | |
| Cost of Revenue | 46↑116.1% | 21↑57.7% | 13↑22.0% | 11↑7.8% | 10 | |
| Gross Profit | 38↑47.8% | 26↑21.6% | 21↑27.8% | 17↑30.5% | 13 | |
| Operating Expenses | ||||||
| R&D Expenses | 4↓3.5% | 4↑32.2% | 3↑15.7% | 3↑3.1% | 3 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 14↑17.5% | 12↑11.9% | 11↑60.2% | 7↑7.9% | 6 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 18↑12.1% | 16↑16.5% | 14↑47.5% | 9↑6.5% | 9 | |
| Total Costs & Expenses | 64↑71.1% | 38↑36.7% | 27↑33.7% | 21↑7.2% | 19 | |
| Operating Results | ||||||
| Operating Income | 20↑107.8% | 10↑31.3% | 7↑2.0% | 7↑85.0% | 4 | |
| Depreciation & Amortization | 4↑78.0% | 2↑200.6% | 0.70↑89.4% | 0.37↓14.7% | 0.43 | |
| EBITDA | 24↑100.3% | 12↑36.2% | 9↑13.2% | 8↑77.9% | 4 | |
| EBIT | 20↑105.0% | 10↑21.9% | 8↑9.4% | 7↑88.2% | 4 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↓110.7% | -0.81↓748.5% | 0.12↑104.6% | 0.06↑4847.4% | 0.00 | |
| Interest Income | 0.02↓85.1% | 0.13↓75.4% | 0.52↑748.8% | 0.06↑4847.4% | 0.00 | |
| Interest Expense | 2↑84.1% | 0.94↑138.3% | 0.39 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00↑100.0% | -0.13↑81.0% | -0.67↓430.2% | -0.13 | 0.00 | |
| Other Income / Expenses | -0.12↑85.1% | -0.81↓393.2% | 0.28↑118.7% | 0.13↑65.9% | 0.08 | |
| Income Before Tax | 20↑125.4% | 9↑15.9% | 8↑4.0% | 7↑84.6% | 4 | |
| Income Tax Expense | 4↑133.3% | 2↑15.3% | 2↓11.6% | 2↑267.1% | -1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 16↑123.3% | 7↑16.1% | 6↑9.1% | 6↑9.1% | 5 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 16↑123.3% | 7↑16.1% | 6↑9.1% | 6↑9.1% | 5 | |
| Bottom-Line Net Income | 16↑123.3% | 7↑16.1% | 6↑9.1% | 6↑9.1% | 5 | |
| EPS (Basic) | 0.89↑122.5% | 0.40↑14.3% | 0.35↑9.4% | 0.32↑10.3% | 0.29 | |
| EPS (Diluted) | 0.88↑120.0% | 0.40↑14.3% | 0.35↑9.4% | 0.32↑10.3% | 0.29 | |
| Weighted Average Shares | 18↑0.6% | 17↑0.3% | 17↑0.9% | 17↑0.2% | 17 | |
| Weighted Average Diluted Shares | 18↑2.0% | 17↑0.4% | 17↑0.9% | 17↑0.2% | 17 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.