secwatch.observer — SEC 8-K summary
======================================

Issuer:     INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK:        0000836690
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001104659-25-012941
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovative Solutions & Support Q1 revenue $16.0M, +71.6%; net income $0.04 EPS; adjusted EBITDA $3.1M
--------------------------------------------------------------------------------

- Revenue $16.0M (+71.6% YoY); gross margin 41.4% (down from 59.3%) due to mix and acquisition costs.
- Net income $0.7M ($0.04 diluted EPS) vs $1.1M ($0.06) in prior year; adjusted EBITDA $3.1M (+24%).
- Military revenue rose to $8.0M from $2.0M; backlog $81M; new orders $7.5M.
- Guidance: FY2025 revenue and EBITDA growth >30% vs FY2024; margins expected to improve by mid-2025.
- Cash $0.6M, total debt $26.5M, net debt $25.9M; liquidity $9.0M including credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836690/000110465925012941/0001104659-25-012941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836690/000110465925012941/tm256590d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-012941

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