INNOVATIVE SOLUTIONS AND SUPPORT, INC.
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $25.3M | $36.7M |
| Cost of Revenue | $11.5M | $17.9M |
| Gross Profit | $13.7M | $18.8M |
| Gross Margin | 54.4% | 51.3% |
| Operating Expenses | ||
| Research & Development | $5.2M | $5.3M |
| SG&A Expense | $8.1M | $8.6M |
| Operating Income | $403.5K | $4.9M |
| Operating Margin | 1.6% | 13.3% |
| Interest Expense | $2.4K | $82.3K |
| Pretax Income | $639.3K | $5.2M |
| Income Tax Expense | $-109.1K | $234.9K |
| Net Income | $748.4K | $5.0M |
| Net Margin | 3.0% | 13.6% |
| EPS (Basic) | $0.04 | $0.30 |
| EPS (Diluted) | $0.04 | $0.30 |
| Shares Outstanding (Basic) | 16.8M | 16.7M |
| Shares Outstanding (Diluted) | 16.8M | 16.8M |
| Dividends Per Share | — | — |