Innovative Designs Inc. Reports Over 100% Increase in Fiscal Q3 Sales with 4th Consecutive Quarter of Profitability; Revenue Surpasses $2 Million Mark for First Time
Reuters
Sep 03, 2025
Innovative Designs Inc. Reports Over 100% Increase in Fiscal Q3 Sales with 4th Consecutive Quarter of Profitability; Revenue Surpasses $2 Million Mark for First Time
Innovative Designs, Inc. (IVDN) has announced a significant milestone, surpassing the $2 million revenue mark for the first time in its history as of August 2025. The company projects a revenue increase of over 100% for the fiscal third quarter of 2025, compared to the same period in 2024, with expected revenues totaling over $600,000. This marks the fourth consecutive quarter of profitability for the company. In addition to the record-setting revenue, Innovative Designs has strengthened its financial position by eliminating long-term and convertible debt, paying off over $85,000 without issuing new stock or seeking private placements. The company attributes these financial improvements to rising revenue streams and increased accounts receivable collections, which have bolstered cash reserves. Innovative Designs continues to see growing acceptance of its Insultex House Wrap® among homebuilders and remodelers, contributing to its revenue growth and alignment with current building codes and insulation requirements. The company aims to further enhance shareholder value and anticipates extending its revenue records in the upcoming fourth quarter.
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