Business
Innovative Designs, Inc. (IVDN) Passes $2 Million Revenue Mark and Announces Over 100% Projected Increase in Fiscal Q3 Sales vs Previous Year With 4th Consecutive Quarter of Profitability
Innovative Designs, Inc. (IVDN) Passes $2 Million Revenue Mark and Announces Over 100% Projected Increase in Fiscal Q3 Sales vs Previous Year With 4th Consecutive Quarter of Profitability.
About this update from Innovative Designs, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Innovative Designs, Inc. (IVDN) Passes $2 Million Revenue Mark and Announces Over 100% Projected Increase in Fiscal Q3 Sales vs Previous Year With 4th Consecutive Quarter of Profitability\r\n \r\n \r\n\r\n\r\nInnovative Designs, Inc. (IVDN) Passes $2 Million Revenue Mark and Announces Over 100% Projected Increase in Fiscal Q3 Sales vs Previous Year With 4th Consecutive Quarter of Profitability\r\n\r\n\r\n\r\n\r\n\r\nPatented Vacuum Cell Insulation Gaining Acceptance as Great Option to Meet New Home Building Codes and Requirements \r\n\r\n $2M Revenue Total Reached in August for First Time in Company History. \r\n Over 100% Increase in Revenue Projected for Fiscal Third Quarter.    \r\n Profitability Now Extends for the Last 4 Trailing Quarters. \r\n Balance Sheet Improvements via Rising Cash Collections. \r\n Long Term & Convertible Debt Eliminated with Over $85,000 Paid Off. \r\n No New Stock Issued to Satisfy Debt and No New Private Placements. \r\n \r\n PITTSBURGH, PA - September 3, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) is now able to project its revenue growth for the fiscal 3rd quarter of 2025, ending on July 31st, will total over $600,000 (more than a 100% increase over the fiscal 3rd quarter of 2024). Additionally, in the month of August, IVDN surpassed the $2 million revenue mark for its fiscal 2025 year. The milestone will continue the Company's profitability, which now extends to 4 consecutive quarters. Management expects to file a finalized financial report ahead of the September 15th SEC posting requirement.\r\nIn addition to the record setting revenue results and profitability this year, Innovative Designs is becoming a financially stronger entity with other significant balance sheet improvements. The Company has now paid off its long term and convertible debt obligations with over $85,000 in debt satisfied and without issuing any new shares for this purpose. Management is committed to maintaining a low share structure for IVDN which currently stands at only about 38 million shares outstanding and a 17 million public float. \r\nThe debt resolution has been made possible by our rising revenue stream and increasing accounts receivables collections which have also significantly boosted on-hand cash reserves. For this reason, IVDN is no longer seeking pri...