secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK:        0000836690
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001104659-24-130229
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISSC reports Q4 revenue $15.4M (+18.4% YoY); full-year net income $7.0M
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- Q4 net income of $3.2M ($0.18 diluted EPS); full-year net income $7.0M ($0.40 diluted EPS).
- Adjusted EBITDA $5.6M in Q4 (+16.9% YoY); full-year $13.7M (+42.5% YoY).
- Backlog as of Sep 30, 2024 was $89.2M, including $74.3M from Sep 27 acquisition.
- Net debt $27.5M; credit facility increased to $35M for flexibility.
- Management cites new military programs and Honeywell product line acquisitions as growth drivers; expects another profitable year in FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836690/000110465924130229/0001104659-24-130229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836690/000110465924130229/tm2431559d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-130229

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer