Micro Cap Insulation Company Rallies on Record Sales and Strong Customer Adoption [Globe and Mail, The (Toronto, Canada)]
INNOVATIVE DESIGNS INC (IVDN)
NASDAQ:AMEX Investor Relations:
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Source: Globe and Mail, The
Consistent growth in revenue and margins (quarter over quarter and year over year), lays the foundation for a compelling corporate story. Today, one micro-cap delivered record-breaking financial results, signaling strong customer adoption, the cornerstone of long-term success. Innovative Designs, Inc. (OTCQB: IVDN) reported record-breaking results for fiscal year 2025, with sales doubling to $2.77 million from $1.38 million in 2024. This marks the company's best year ever, driven primarily by strong demand for its patented evacuated-cell R-6 rated Insultex House Wrap®, a unique high-performance insulation solution. Profitability has now extended for five consecutive quarters, and the company has strengthened its balance sheet by eliminating all long-term and convertible debt while maintaining cash reserves above $600,000. The first quarter of fiscal 2026 has continued this momentum, with sales reaching new highs from both repeat and new customers. Looking ahead, Innovative Designs
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News
- Innovative Designs, Inc. (IVDN) 100% Year-Over-Year Sales Growth Posted in 2025 Annual Report for Best Year Ever With Profitability Reaching Five Straight Quarters [Yahoo! Finance]Yahoo! Finance
- Innovative Designs, Inc. (IVDN) 2025 Fiscal Year More Than Doubles 2024 Revenues for Best Year Ever and Extends Profitability to Five Straight Quarters [Yahoo! Finance]Yahoo! Finance