YOLFTbeta
Innovative Aerosystems, Inc.

Innovative Aerosystems, Inc.

IA · NASDAQ · Industrials / Aerospace & Defense

21.07USD-0.44 (-2.05%)

Price History

Full chart

Market Stats

Previous Close21.51
Open21.63
Day Range20.64 – 21.67
52-Week Range8.13 – 30.94
Volume165.80K
Market Cap330.24M
P/E (TTM)17.08
Forward P/E9.50
EPS1.08
Dividend Yield0.00%
Beta0.60
50-Day Avg19.64
200-Day Avg20.17

About

Innovative Aerosystems, Inc., engages in the engineering, manufacturing, and supply of advanced avionic solutions. The company provides autothrottles; LPV Navigators; standby displays; COM/NAV/surveillance radio management systems; air data solutions; inertial reference systems; utilities management systems; and air data, attitude and heading reference systems. It also offers flat panel display systems, inertial reference systems, integrated global navigation systems, global positioning systems, c-130 engine instrument display systems, liberty flight deck, and communications/navigation products. The company serves business aircrafts, commercial airlines, military, virtual cp-pilots, and turbo prop. The company was formerly known as Innovative Solutions and Support, Inc. and changed its name to Innovative Aerosystems, Inc. in October 2025. Innovative Aerosystems, Inc. was incorporated in 1988 and is based in Exton, Pennsylvania.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEODr. Shahram Askarpour
  • Employees147
  • Headquarters720 Pennsylvania Drive, Exton, PA, United States, 19341-1129, USA
  • Websitehttps://www.iascorp.com

Leadership

  • Dr. Shahram AskarpourPresident, CEO & Director · b. 1957
  • Mr. Jeffrey DiGiovanniChief Financial Officer · b. 1978
  • Mr. Larry RiddleVP of Sales & Marketing

Financials

Income Statement

Currency: USD2022-09-302023-09-302024-09-302025-09-30
Total Revenue27.74M34.81M47.20M84.30M
Growth (%)-+25.48%+35.59%+78.60%
Cost of Revenue11.07M13.50M21.28M43.79M
Gross Profit16.67M21.31M25.91M40.51M
Gross Margin60.11%61.22%54.90%48.06%
Operating Expense9.46M13.95M16.25M20.44M
Operating Income7.22M7.36M9.66M20.07M
Operating Margin26.01%21.14%20.47%23.81%
EBITDA---25.41M
EBITDA Margin---30.14%
Net Income5.52M6.03M7.00M15.63M
Net Income Margin19.91%17.32%14.83%18.54%
R&D2.71M3.13M4.14M3.99M
R&D as % of Total Revenue9.75%8.99%8.77%4.74%
Interest Expense0393.28K937.31K1.73M
Interest Expense % of Total Revenue0.00%1.13%1.99%2.05%

Balance Sheet

Currency: USD2022-09-302023-09-302024-09-302025-09-30
Total Assets34.71M62.96M82.38M103.36M
Total Liabilities3.96M24.32M35.74M38.76M
Total Equity30.75M38.64M46.64M64.60M
Cash17.25M3.10M538.98K2.69M
Total Debt---24.14M
Net Debt-16.40M27.49M21.45M

Cash Flow

Currency: USD2022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow6.09M2.10M5.80M13.30M
Investing Cash Flow----6.51M
Financing Cash Flow301.15K19.91M8.53M-4.64M
Capital Expenditure161.23K298.37K657.79K6.51M
Free Cash Flow5.93M1.80M5.14M6.79M
Dividends Paid00--
FCF to OCF97.35%85.77%88.65%51.05%
Dividend Paid to FCF0.00%0.00%--

Earnings

Report DateDec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Nov 20, 2002Feb 11, 2003May 13, 2003Aug 12, 2003Nov 18, 2003Feb 3, 2004Apr 29, 2004Jul 28, 2004Nov 17, 2004Jan 19, 2005Apr 20, 2005Jul 20, 2005Dec 6, 2005Jan 26, 2006Apr 26, 2006Jul 26, 2006Dec 7, 2006Jan 31, 2007Apr 26, 2007Jul 26, 2007Dec 6, 2007Jan 31, 2008Apr 23, 2008Jul 31, 2008Nov 20, 2008Jan 29, 2009Apr 30, 2009Jul 29, 2009Dec 10, 2009Jan 28, 2010Apr 29, 2010Jul 29, 2010Dec 9, 2010Jan 27, 2011Apr 28, 2011Jul 28, 2011Dec 8, 2011Jan 26, 2012Apr 26, 2012Aug 2, 2012Dec 6, 2012Jan 24, 2013Apr 25, 2013Aug 1, 2013Dec 5, 2013Feb 11, 2014Apr 24, 2014Jul 30, 2014Dec 4, 2014Jan 22, 2015May 7, 2015Aug 6, 2015Dec 17, 2015Feb 11, 2016May 12, 2016Aug 11, 2016Dec 15, 2016Feb 9, 2017May 11, 2017Aug 10, 2017Dec 14, 2017Feb 14, 2018May 10, 2018Aug 9, 2018Dec 18, 2018Feb 7, 2019May 9, 2019Aug 8, 2019Dec 12, 2019Feb 6, 2020May 14, 2020Aug 6, 2020Dec 10, 2020Feb 11, 2021May 13, 2021Aug 12, 2021Dec 9, 2021Feb 10, 2022May 12, 2022Aug 11, 2022Dec 15, 2022Feb 15, 2023May 9, 2023Aug 10, 2023Dec 21, 2023Feb 15, 2024May 13, 2024Aug 9, 2024Dec 20, 2024Feb 14, 2025May 15, 2025Aug 14, 2025Dec 18, 2025Feb 12, 2026May 14, 2026Aug 13, 2026
EPS Estimate---------------------------------------------------------------------------------------------------0.130.100.190.20
EPS Actual0.100.110.080.090.060.050.080.080.010.070.070.150.090.140.180.250.340.340.180.070.00-0.04-0.07-0.06-0.07-0.14-0.08-0.24-0.24-0.42-0.250.450.110.080.070.03-0.07-0.040.080.070.020.03-0.000.00-0.020.020.020.170.020.070.020.010.060.050.03-0.120.03-0.02-0.21-0.08-0.010.090.010.02-0.070.350.00-0.01-0.05-0.08-0.06-0.020.010.010.030.060.020.030.070.070.010.040.160.090.070.080.080.100.040.070.080.150.060.070.090.180.040.300.140.440.250.260.33
Surprise---------------------------------------------------------------------------------------------------236.23%150.00%36.84%60.98%
Timing-------------------------------------------------------------------------------------------------------

Key Statistics & Ratios

Market Cap330.24M
Enterprise Value368.40M
Trailing P/E17.08
Forward P/E9.50
PEG Ratio0.83
Price / Sales3.55
Price / Book4.21
EPS1.08
Book Value4.31
Revenue (TTM)93.15M
Gross Profit (TTM)51.18M
EBITDA30.64M
Profit Margin20.50%
Operating Margin23.67%
Return on Equity28.50%
Return on Assets13.81%
Shares Outstanding17.90M
Shares Float17.04M
Beta0.60
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
59.91%
Insiders
18.58%
Retail / Other
21.51%

Top Institutional Holders

  • Marshall Wace Asset Management Ltd
    753.38K4.21%
  • Vanguard Capital Management, LLC
    625.77K3.50%
  • Morgan Stanley - Brokerage Accounts
    603.25K3.37%
  • Punch & Associates Inv Mgmt Inc
    569.96K3.18%
  • Dimensional Fund Advisors, Inc.
    411.43K2.30%
  • Driehaus Capital Management LLC
    348.10K1.94%
  • Renaissance Technologies Corp
    302.89K1.69%
  • Citadel Advisors Llc
    299.28K1.67%
  • BlackRock Inc
    287.58K1.61%
  • Arrowstreet Capital Limited Partnership
    276.32K1.54%
  • CenterBook Partners LP
    264.95K1.48%
  • Roubaix Capital, LLC
    264.51K1.48%
  • Gabelli Funds LLC
    221.22K1.24%
  • WEALTHTRUST AXIOM LLC
    220.27K1.23%
  • Qube Research & Technologies
    212.14K1.19%
  • Hennion & Walsh Asset Management Inc
    186.85K1.04%
  • Connor Clark & Lunn Inv Mgmt Ltd
    170.85K0.95%
  • ISTHMUS Partners LLC
    166.99K0.93%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    471.00K2.63%
  • iShares Russell 2000 ETF
    365.34K2.04%

Dividends

20221×
0.00Sep 26, 2022
20202×
0.50Dec 18, 20200.65Sep 14, 2020
20121×
1.50Dec 28, 2012
20081×
1.00Sep 16, 2008

Stock Splits

  • Jul 8, 20053:2