Business
Innovative Designs, Inc. (IVDN) 2025 Fiscal Year More Than Doubles 2024 Revenues for Best Year Ever and Extends Profitability to Five Straight Quarters
Innovative Designs, Inc. (IVDN) 2025 Fiscal Year More Than Doubles 2024 Revenues for Best Year Ever and Extends Profitability to Five Straight Quarters.
About this update from Innovative Designs, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Innovative Designs, Inc. (IVDN) 2025 Fiscal Year More Than Doubles 2024 Revenues for Best Year Ever and Extends Profitability to Five Straight Quarters\r\n \r\n \r\n\r\n\r\nInnovative Designs, Inc. (IVDN) 2025 Fiscal Year More Than Doubles 2024 Revenues for Best Year Ever and Extends Profitability to Five Straight Quarters\r\n\r\n\r\n\r\n\r\n\r\nPatented Evacuated Cell Home Insulation Continuing to Gain Recognition as Best Option to Meet New National Building Codes   \r\n\r\n Over 100% Year-Over-Year Increase in Sales for FY 2025 vs FY 2024.  \r\n All Time Record High Revenue Totals in Fiscal 2025.   \r\n Profitability Extending for 5 Trailing Quarters.     \r\n Long Term and Convertible Debt Eliminated with Cash Reserves High. \r\n Production Increases and New Certification Efforts Moving Forward.\r\n Fiscal Q1 Sales in November Already Reaching Record Breaking Results.      \r\n Sales Growth Anticipated to Accelerate with Ongoing Interest Rate Cuts.  \r\n New Marketing Opportunities for Apparel and Related Applications.  \r\n \r\n PITTSBURGH, PA - November 17, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) has closed its 2025 fiscal year on October 31st with Q4 revenues surpassing 2024 totals while delivering year-over-year growth of more than 100%. This makes FY 2025 the best year in the Company's history by a wide margin as sales of Innovative Designs' patented Insultex House Wrap® continue to grow at record levels from new and repeat customers across the United States. Additionally, the Company's fiscal first quarter, beginning on November 1st, is now experiencing exceptionally high sales intensity, exceeding that seen in the same month last year. The 2026 IVDN fiscal year is off to powerful start to continue the Company's unprecedented revenue growth curve with continued and increasing profitability.     \r\nThis year IVDN has also eliminated all of its long term and convertible debt to significantly strengthen the Company balance sheet. Cash reserves are at high levels thanks to improved accounts receivables which supports operations and expansion efforts without relying on any new equity dilution to the shareholder base. The IVDN stock structure remains small with only 38 million ...