Innovative Designs, Inc. Achieves Record $2 Million Revenue and Projects Over 100% Growth in Fiscal Q3

Innovative Designs, Inc. (OTCQB: IVDN) reported reaching the $2 million revenue milestone in August 2025, marking the first time in company history this financial threshold has been achieved. The company projects its fiscal third quarter revenue, ending July 31, 2025, will exceed $600,000, representing more than a 100% increase compared to the same quarter in 2024.

This revenue growth has contributed to the company's fourth consecutive quarter of profitability, demonstrating sustained financial improvement. Management anticipates filing finalized financial reports ahead of the September 15th SEC posting deadline, providing investors with timely and accurate financial information.

Beyond revenue achievements, Innovative Designs has strengthened its balance sheet through significant debt reduction. The company has eliminated all long-term and convertible debt obligations, paying over $85,000 without issuing new shares or pursuing private placement investments. This debt resolution was made possible by increasing revenue streams and improved accounts receivable collections, which have substantially boosted cash reserves.

The company's current share structure remains conservative with approximately 38 million shares outstanding and a 17 million public float. Management emphasizes its commitment to maintaining this low share structure while focusing on increasing shareholder value through organic growth rather than equity dilution.

Growing demand for the company's Insultex House Wrap® product is primarily driven by new government building codes that mandate continuous insulation and exterior R-Value requirements. The patented vacuum cell insulation technology provides an R-6 moisture barrier membrane that eliminates the need for additional insulation boards required by competitive products. For detailed product specifications, visit http://www.insultexhousewrap.com.

To support increasing market demand, Innovative Designs is expanding production capacity at its US-based facilities in Massachusetts and other locations. The company is also pursuing additional product certifications to make Insultex House Wrap® suitable for a broader range of customers and applications, positioning itself to capitalize on evolving building code requirements nationwide.

The combination of record revenue performance, sustained profitability, debt elimination, and growing market adoption of its innovative insulation technology positions Innovative Designs for continued growth in the construction materials sector. The company's financial improvements and strategic positioning respond directly to industry-wide shifts toward more stringent energy efficiency standards in building construction.