Innovative Designs Reports 120% Q3 Revenue Growth and Fourth Consecutive Profitable Quarter

Innovative Designs, Inc. (OTCQB: IVDN) reported a 120% increase in fiscal third quarter 2025 revenues compared to the same period in 2024, reaching $612,636 for the quarter ending July 31st. The company also achieved profitability for the fourth consecutive trailing quarter, with nine-month revenues totaling $1,952,921, representing a 203% increase over the same period in 2024. In August, the company surpassed the $2 million revenue milestone for its fiscal year, while cash reserves grew to over $532,000 due to improved accounts receivable collection rates shortened to just 39.8 days.

The company's Insultex House Wrap® product is gaining increased recognition and applications in the homebuilding and remodeling markets as more users discover its advantages over competitive insulation products. To support rising demand, Innovative Designs is increasing production capacity from multiple locations and pursuing new product certifications to make the insulation available to a wider range of users. The patented evacuated cell technology provides an R-6 moisture barrier membrane that eliminates the need for additional insulation boards required by competitive products.

Michigan-based distributor Built Link Solutions, LLC has been instrumental in the sales success, effectively educating homebuilding market customers across the United States about the product's benefits. Randy Kimbler of Built Link Solutions noted extremely positive customer response and indicated that special offers in September have generated such strong results that complementary programs are being planned for the new year.

CEO Joseph A. Riccelli Jr. stated that the company anticipates even greater sales growth with the expected Federal Reserve interest rate cuts, which should spur increased activity in the homebuilding industry. The demand for Insultex House Wrap® is being driven by new government building codes specifying continuous insulation and exterior R-Value requirements. For product specifications and details, visit http://www.insultexhousewrap.com.