Innovative Designs, Inc. reported record-breaking fiscal first quarter sales results, with total revenues reaching $632,201 for the period ending January 31, 2026. This represents the company's best first quarter in its history, surpassing the previous record set in 2025. The company has now achieved profitability for six consecutive trailing quarters, marking a significant financial milestone.
The sales growth is attributed to increasing adoption of the company's patented evacuated cell Insultex House Wrap® product line among homebuilders and remodelers. The product's unique position in the marketplace has led to a substantial increase in retail customers over the past year. The company's improved financial position includes a cash balance exceeding $721,372 at quarter end with no long-term or convertible debt, and an outstanding share count of approximately 38 million shares.
Significant progress is being made on the independent laboratory testing program initiated in December 2025. Innovative Designs has contracted BRC Laboratories, a qualified independent testing company, to complete the process of obtaining renewed high-level product certifications for Insultex House Wrap®. The updated testing and certifications are expected to qualify the product for a much wider customer base and significantly larger building projects, with multiple larger users indicating high interest in future applications.
Insultex House Wrap® plays a key role in the current homebuilding market by meeting or exceeding new government building codes that specify continuous insulation and exterior R-Value requirements. The patented evacuated cell technology adds an R-6 moisture barrier membrane that eliminates the need for additional insulation boards or support systems required by competitive products. For full product specifications and details, visit http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented on the strong sales growth trajectory and the company's partnership with sales agency Built Link Solutions. Randy Kimbler, Director of Business Development for Built Link Solutions, noted better-than-expected results from recent building supplier expos in Orlando, Nashville, and Chicago, which have yielded new clients in multiple states and created strategies to increase Insultex House Wrap® introduction to sales teams and builder clients.
The company's financial stability and product development progress position it to capitalize on growing demand in the construction industry, particularly as building codes evolve to require higher insulation standards. The independent testing certification process could significantly expand market opportunities for Insultex House Wrap® in larger commercial and residential projects. The company's SEC filings are available at http://www.sec.gov.
