Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [For the transition period from to ] Commission File No. 001-41503 INNOVATIVE SOLUTIONS AND SUPPORT, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 23-25 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-41503 INNOVATIVE SOLUTIONS AND SUPPORT, INC. (Exact name of registrant as specified in its charter) Pennsylvania (State or oth ...

财务数据和关键指标变化 - 第四季度收入同比增长79%,净利润增长63% [5] - 全年连续第5年实现收入增长、强劲现金流和利润增长 [5] - 第四季度毛利率为62%,与上年同期持平 [9] - 研发费用绝对值增加,但占销售收入比例下降 [9] - 销售、一般及管理费用增加,主要是与Honeywell交易相关的一次性成本 [9][10] - 利息收入增加,利息费用下降 [10] - 第四季度净利润为260万美元,每股0.15美元,去年同期为170万美元,每股0.09美元 [10] 各条业务线数据和关键指标变化 - 生产合同和售后市场销售持续有机增长 [5] - Honeywell产品销售支持了强劲的毛利率 [5] - 自动驾驶仪OEM业务与Textron持续良好,正在拓展军用和区域航空市场 [7] - 货机改装业务为保护收入增加了新功能 [7] 各个市场数据和关键指标变化 - 无具体市场数据和关键指标变化的内容 公司战略和发展方向及行业竞争 - 持续进行产品创新和研发投入,特别是驾驶舱自动化领域,为单飞做准备 [6][7] - 计划增加现有技术的功能,如平板显示器增加自动应急检查单和驾驶员警示系统 [6] - 获得Pilatus第二代UMS开发合同,将增加AI和versatility [6] - 通过收购Honeywell产品获得自有无线电和相关技术能力,有利于新技术开发 [7][8] - 计划进一步通过收购来补充和扩展产品组合 [8] 管理层对经营环境和未来前景的评论 - 预计本季度和下季度业绩将弱于第四季度,是由于Honeywell产品整合过程中的中断 [8][9] - 一旦Honeywell整合完成,预计可实现40%的年度收入增长 [8] - 现金流持续改善,有利于偿还借款,获得更大的融资灵活性 [11] 问答环节重要的提问和回答 问题1 **Theodore O'Neill 提问** Honeywell收购对研发费用、毛利率和销售费用的影响 [13][15] **Shahram Askarpour 和 Rell Winand 回答** - 初期对研发费用影响不大,未来可能需要一些改进设计的研发投入 [14] - 销售费用短期内会有所上升,主要是审计、法律等费用 [15] 问题2 **John Moran 提问** 净债务水平是否可持续,以及与新业务规模的关系 [23][24][25][26] **Shahram Askarpour 和 Rell Winand 回答** - 随着盈利和现金流的增加,净债务将持续下降 [24] - 本季度现金流改善主要是收回应收账款和出售飞机 [25][26] 问题3 **Andrew Rem 提问** Honeywell业务收入占比情况 [34][35][36][37][38][39][40][42][43] **Shahram Askarpour 和 Rell Winand 回答** - 暂时无法在本次电话会议上提供具体拆分,将在10-K中披露 [34][35][36][37][38][39][40][42][43] - 整合过程中的一次性费用将在MD&A中详细说明 [44][45][46][47][48]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [For the transition period from to ] Commission File No. 000-31157 INNOVATIVE SOLUTIONS AND SUPPORT, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 23-250740 ...

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Q3 2023 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants Shahram Askarpour - Chief Executive Officer Mike Linacre - Chief Financial Officer Conference Call Participants Tim Moore - EF Hutton Operator Good day and welcome to Innovative Solutions & Support Third Quarter Fiscal 2023 Financial Results Call. [Operator Instructions] Please note that this event is being recorded. I’d now like to turn the conference over to Mr. Shahram As ...

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Q2 2023 Earnings Conference Call May 8, 2023 6:00 AM ET Company Participants Michael Linacre - CFO Shahram Askarpour - CEO Conference Call Participants Tim Moore - EF Hutton Operator Greetings, and welcome to the Innovative Solutions and Support, Inc. Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a r ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR [For the transition period from to ] ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 000-31157 INNOVATIVE SOLUTIONS AND SUPPORT, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 23-25074 ...

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Q1 2023 Earnings Conference Call February 14, 2022 4:30 PM ET Company Participants Michael Linacre - CFO Shahram Askarpour - CEO Conference Call Participants David Campbell - Thompson Davis Operator Greetings, and welcome to the Innovative Solutions and Support, Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [For the transition period from to ] Commission File No. 000-31157 INNOVATIVE SOLUTIONS AND SUPPORT, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 23-25 ...

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Q4 2022 Earnings Conference Call December 14, 2022 4:30 PM ET Company Participants Michael Linacre - Chief Financial Officer Shahram Askarpour - Chief Executive Officer Conference Call Participants Operator Greetings and welcome to the Innovative Solutions and Support, Inc. Fourth Quarter and Fiscal Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being ...