Innovative Sol Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Innovative Sol has an operating margin of 23.8%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 20.5% the prior year.
Innovative Sol's revenue surged 78.6% year-over-year to $84.3M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Innovative Sol carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.04, Innovative Sol holds $3.04 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Innovative Sol has a free cash flow margin of 8.1%, earning a moderate score of 40/100. The company generates positive cash flow after capital investments, but with room for improvement.
Innovative Sol earns a strong 24.2% return on equity (ROE), meaning it generates $24 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 97/100. This is up from 15.0% the prior year.
Innovative Sol scores 7.69, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($352.5M) relative to total liabilities ($38.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Innovative Sol passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Innovative Sol generates $0.85 in operating cash flow ($13.3M OCF vs $15.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Innovative Sol earns $11.6 in operating income for every $1 of interest expense ($20.1M vs $1.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Innovative Sol (ISSC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Innovative Sol generated $84.3M in revenue in fiscal year 2025. This represents an increase of 78.6% from the prior year.
Innovative Sol's EBITDA was $23.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 102.4% from the prior year.
Innovative Sol generated $6.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 32.2% from the prior year.
Innovative Sol reported $15.6M in net income in fiscal year 2025. This represents an increase of 123.3% from the prior year.
Innovative Sol earned $0.88 per diluted share (EPS) in fiscal year 2025. This represents an increase of 120.0% from the prior year.
Innovative Sol held $2.7M in cash against $21.7M in long-term debt as of fiscal year 2025.
Innovative Sol's gross margin was 48.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 6.8 percentage points from the prior year.
Innovative Sol's operating margin was 23.8% in fiscal year 2025, reflecting core business profitability. This is up 3.3 percentage points from the prior year.
Innovative Sol's net profit margin was 18.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.7 percentage points from the prior year.
Innovative Sol's ROE was 24.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.2 percentage points from the prior year.
Innovative Sol invested $4.0M in research and development in fiscal year 2025. This represents a decrease of 3.5% from the prior year.
Innovative Sol invested $6.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 890.0% from the prior year.
ISSC Income Statement
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.6M-37.8% | $21.8M-9.7% | $24.1M+10.1% | $21.9M+37.4% | $16.0M+35.7% | $11.8M+9.6% | $10.7M+15.4% | $9.3M |
| Cost of Revenue | $6.6M-33.2% | $9.9M-36.2% | $15.6M+45.9% | $10.7M+14.0% | $9.4M+70.6% | $5.5M+6.4% | $5.2M+36.3% | $3.8M |
| Gross Profit | $11.9M0.0% | $11.9M+38.5% | $8.6M-23.8% | $11.3M+70.4% | $6.6M+5.3% | $6.3M+12.5% | $5.6M+1.1% | $5.5M |
| R&D Expenses | $1.3M0.0% | $1.3M+44.8% | $917K+5.7% | $867K-21.7% | $1.1M+0.8% | $1.1M+6.6% | $1.0M+14.4% | $901K |
| SG&A Expenses | $4.3M0.0% | $4.3M+2.7% | $4.2M+21.5% | $3.4M-17.9% | $4.2M+32.3% | $3.1M+8.1% | $2.9M-3.3% | $3.0M |
| Operating Income | $6.3M0.0% | $6.3M+79.0% | $3.5M-49.7% | $7.0M+419.7% | $1.3M-34.0% | $2.0M+24.0% | $1.6M+1.7% | $1.6M |
| Interest Expense | $496K0.0% | $496K+21.7% | $407K+5.2% | $387K-9.3% | $427K+147.2% | $173K+0.8% | $171K-52.4% | $360K |
| Income Tax | $1.8M0.0% | $1.8M+170.4% | $668K-47.2% | $1.3M+581.2% | $186K-43.8% | $331K+1.4% | $326K+10.5% | $295K |
| Net Income | $4.1M0.0% | $4.1M+66.1% | $2.4M-54.2% | $5.3M+624.9% | $736K-52.6% | $1.6M+28.5% | $1.2M+14.3% | $1.1M |
| EPS (Diluted) | $0.220.0% | $0.22+57.1% | $0.14-53.3% | $0.30+650.0% | $0.04-55.6% | $0.09+28.6% | $0.07+16.7% | $0.06 |
ISSC Balance Sheet
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $109.9M0.0% | $109.9M+19.8% | $91.8M+2.1% | $89.9M+10.6% | $81.3M-1.4% | $82.4M+43.0% | $57.6M+3.5% | $55.7M |
| Current Assets | $58.4M0.0% | $58.4M+46.6% | $39.8M-4.0% | $41.5M+21.7% | $34.1M-1.8% | $34.7M+41.7% | $24.5M-9.1% | $26.9M |
| Cash & Equivalents | $8.3M0.0% | $8.3M+1276.8% | $602K-50.9% | $1.2M+102.7% | $605K+12.2% | $539K-6.1% | $574K+22.8% | $467K |
| Inventory | $28.3M0.0% | $28.3M+36.4% | $20.7M+9.9% | $18.9M+21.6% | $15.5M+21.8% | $12.7M+39.6% | $9.1M+16.9% | $7.8M |
| Accounts Receivable | $14.5M0.0% | $14.5M+25.7% | $11.5M-16.5% | $13.8M+79.1% | $7.7M-38.8% | $12.6M+108.1% | $6.1M+8.6% | $5.6M |
| Goodwill | $6.7M0.0% | $6.7M0.0% | $6.7M0.0% | $6.7M+28.6% | $5.2M0.0% | $5.2M+46.5% | $3.6M0.0% | $3.6M |
| Total Liabilities | $41.2M0.0% | $41.2M+17.7% | $35.0M-3.8% | $36.4M+8.6% | $33.5M-6.3% | $35.7M+120.0% | $16.2M+2.8% | $15.8M |
| Current Liabilities | $19.7M0.0% | $19.7M+74.7% | $11.3M+32.4% | $8.5M+30.6% | $6.5M-10.3% | $7.3M-54.0% | $15.8M+2.8% | $15.4M |
| Long-Term Debt | $21.1M0.0% | $21.1M-9.3% | $23.3M-15.1% | $27.4M+3.4% | $26.5M-5.4% | $28.0M | N/A | N/A |
| Total Equity | $68.7M0.0% | $68.7M+21.1% | $56.8M+6.1% | $53.5M+12.0% | $47.8M+2.4% | $46.6M+12.7% | $41.4M+3.7% | $39.9M |
| Retained Earnings | $32.4M0.0% | $32.4M+52.7% | $21.2M+13.0% | $18.7M+39.8% | $13.4M+5.8% | $12.7M+59.6% | $7.9M+18.0% | $6.7M |
ISSC Cash Flow Statement
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.2M0.0% | $8.2M+13.2% | $7.2M+459.6% | $1.3M-30.1% | $1.8M+313.5% | $445K+121.4% | $201K-95.2% | $4.2M |
| Capital Expenditures | $1.1M0.0% | $1.1M-69.9% | $3.7M+137.1% | $1.6M+495.2% | $261K+79.2% | $146K+16.0% | $126K-31.3% | $183K |
| Free Cash Flow | $7.0M0.0% | $7.0M+100.3% | $3.5M+1414.3% | -$268K-116.9% | $1.6M+427.6% | $299K+297.3% | $75K-98.1% | $4.0M |
| Investing Cash Flow | $1.1M+200.0% | -$1.1M+69.9% | -$3.7M-137.1% | -$1.6M-495.2% | -$261K+98.6% | -$18.6M-14689.9% | -$126K-106.2% | $2.0M |
| Financing Cash Flow | $1.5M+200.0% | -$1.5M+64.8% | -$4.1M-566.1% | $889K+158.7% | -$1.5M-108.3% | $18.2M+57813.1% | $31K+100.4% | -$8.9M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ISSC Financial Ratios
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 87.6%+33.1pp | 54.5%+19.0pp | 35.5%-15.8pp | 51.4%+10.0pp | 41.4%-12.0pp | 53.4%+1.4pp | 52.0%-7.4pp | 59.3% |
| Operating Margin | 46.4%+17.5pp | 28.8%+14.3pp | 14.6%-17.3pp | 31.8%+23.4pp | 8.4%-8.9pp | 17.3%+2.0pp | 15.3%-2.0pp | 17.3% |
| Net Margin | 29.9%+11.3pp | 18.6%+8.5pp | 10.1%-14.2pp | 24.3%+19.7pp | 4.6%-8.6pp | 13.2%+2.0pp | 11.3%-0.1pp | 11.4% |
| Return on Equity | 5.9%0.0pp | 5.9%+1.6pp | 4.3%-5.7pp | 10.0%+8.4pp | 1.5%-2.1pp | 3.6%+0.7pp | 2.9%+0.3pp | 2.6% |
| Return on Assets | 3.7%0.0pp | 3.7%+1.0pp | 2.7%-3.3pp | 5.9%+5.0pp | 0.9%-1.7pp | 2.6%+0.5pp | 2.1%+0.2pp | 1.9% |
| Current Ratio | 2.960.0 | 2.96-0.6 | 3.53-1.3 | 4.87-0.4 | 5.22+0.5 | 4.77+3.2 | 1.55-0.2 | 1.75 |
| Debt-to-Equity | 0.310.0 | 0.31-0.1 | 0.41-0.1 | 0.51-0.0 | 0.56-0.0 | 0.60+0.2 | 0.390.0 | 0.40 |
| FCF Margin | 52.0%+19.6pp | 32.3%+17.8pp | 14.6%+15.8pp | -1.2%-11.1pp | 9.9%+3.7pp | 6.2%+5.5pp | 0.7%-42.6pp | 43.3% |
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Frequently Asked Questions
What is Innovative Sol's annual revenue?
Innovative Sol (ISSC) reported $84.3M in total revenue for fiscal year 2025. This represents a 78.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Innovative Sol's revenue growing?
Innovative Sol (ISSC) revenue grew by 78.6% year-over-year, from $47.2M to $84.3M in fiscal year 2025.
Is Innovative Sol profitable?
Yes, Innovative Sol (ISSC) reported a net income of $15.6M in fiscal year 2025, with a net profit margin of 18.5%.
What is Innovative Sol's earnings per share (EPS)?
Innovative Sol (ISSC) reported diluted earnings per share of $0.88 for fiscal year 2025. This represents a 120.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Innovative Sol's EBITDA?
Innovative Sol (ISSC) had EBITDA of $23.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Innovative Sol have?
As of fiscal year 2025, Innovative Sol (ISSC) had $2.7M in cash and equivalents against $21.7M in long-term debt.
What is Innovative Sol's gross margin?
Innovative Sol (ISSC) had a gross margin of 48.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Innovative Sol's operating margin?
Innovative Sol (ISSC) had an operating margin of 23.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Innovative Sol's net profit margin?
Innovative Sol (ISSC) had a net profit margin of 18.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Innovative Sol's return on equity (ROE)?
Innovative Sol (ISSC) has a return on equity of 24.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Innovative Sol's free cash flow?
Innovative Sol (ISSC) generated $6.8M in free cash flow during fiscal year 2025. This represents a 32.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Innovative Sol's operating cash flow?
Innovative Sol (ISSC) generated $13.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Innovative Sol's total assets?
Innovative Sol (ISSC) had $103.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Innovative Sol's capital expenditures?
Innovative Sol (ISSC) invested $6.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Innovative Sol spend on research and development?
Innovative Sol (ISSC) invested $4.0M in research and development during fiscal year 2025.
What is Innovative Sol's current ratio?
Innovative Sol (ISSC) had a current ratio of 3.04 as of fiscal year 2025, which is generally considered healthy.
What is Innovative Sol's debt-to-equity ratio?
Innovative Sol (ISSC) had a debt-to-equity ratio of 0.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Innovative Sol's return on assets (ROA)?
Innovative Sol (ISSC) had a return on assets of 15.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Innovative Sol's Altman Z-Score?
Innovative Sol (ISSC) has an Altman Z-Score of 7.69, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Innovative Sol's Piotroski F-Score?
Innovative Sol (ISSC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Innovative Sol's earnings high quality?
Innovative Sol (ISSC) has an earnings quality ratio of 0.85x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Innovative Sol cover its interest payments?
Innovative Sol (ISSC) has an interest coverage ratio of 11.6x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Innovative Sol?
Innovative Sol (ISSC) scores 89 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.