ISS Reports Q4 Net Sales of USD 22.2 Million, Up 44.6%
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Innovative Solutions & Support Inc. (ISSC) reported Q4 net sales of USD 22.2 million, up 44.6%. Gross profit was USD 14.1 million with a 63.2% margin. Net income was USD 7.1 million, or USD 0.39 per diluted share. EBITDA reached USD 10.7 million, more than double the prior year. Adjusted EBITDA was USD 9.6 million, up 71.1%. Operating cash flow was USD 3.0 million, and free cash flow was USD 2.0 million. The company aims for USD 250 million in revenue and a 25-30% adjusted EBITDA margin by fiscal 2029.
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