<a href="https://laohu8.com/S/IVDN">Innovative Designs</a> Inc. Reports 203% Increase in Revenues for Nine Months Ending July 31, 2025, Driven by House Wrap Product Line Sales
Innovative Designs Inc. released its quarterly report for the period ending July 31, 2025. The company reported revenues of $1.95 million for the nine-month period, a significant increase from $644,497 in the same period in 2024. The rise in revenue was solely attributed to increased sales of the House wrap product line. Costs of sale, selling, general, and administrative expenses were reported at $1.65 million, up from $725,308 in the corresponding period of the previous year. The increase in costs was directly related to the rise in sales, though the percentage of costs relative to income decreased, indicating improved work efficiency. Innovative Designs Inc. funded its operations during this nine-month period through revenues and the sale of common stock. Looking ahead, the company plans to continue funding operations from sales and securities sales while maintaining timely creditor payments.
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