EQS-News: Innovative Designs Delivers Record Sales Growth and Highest Profitability Level to Date for First 6 Months of 2025 With 265% Increase Year-Over-Year
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EQS-News: Innovative Designs Inc.
/ Key word(s): Manufacturing
Werbung Werbung Superior and Patented Evacuated Cell Insulation Continues to Gain Homebuilding and Remodeling Industry Recognition With Rising Demand PITTSBURGH, PA - June 17, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) has filed its financial report for the fiscal second quarter of 2025, ending on April 30th. The Company is pleased to report that continuing revenue growth has pushed the latest results well above previous projections, reaching $796,369 in fiscal Q2 (a 165% increase over fiscal Q2 of 2024). Total revenues for the first 6 months of 2025 reached $1,340,285 (a 265% increase over the total for the same period in 2024). IVDN has now reported profitability for the past three trailing quarters. With this fiscal Q2 filing, the profit level has also increased to a new high for the Company’s history with over $240,000 in net income for the first 6 months of 2025 vs. a $41,000 loss at the same point in 2024. Werbung Werbung About Innovative Designs, Inc. Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.com Disclaimer Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov. Werbung Werbung CONTACT:
View the original release on www.newmediawire.com News Source: Innovative Designs Inc.
17.06.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
Language: | English |
Company: | Innovative Designs Inc. |
United States | |
ISIN: | US45772B1061 |
EQS News ID: | 2156568 |
End of News | EQS News Service |
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2156568 17.06.2025 CET/CEST
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