Innovative Designs Reports Record Growth and Strategic Certification Initiative

Innovative Designs, Inc. reported filing its 10K Annual Statement for the fiscal year ending October 31, 2025, with all-time record results. The company achieved sales revenues of $2,765,149 for FY 2025, representing a 100% increase from the $1,382,733 reported for FY 2024 and a substantial rise from $347,763 in FY 2023. This rapid growth is largely attributed to rising demand for the company's patented evacuated cell R-6 rated Insultex House Wrap®, which the company claims offers superior thermal insulation advantages in today's homebuilding and remodeling market.

The company reported a strong cash position exceeding $600,000 at fiscal year end and has eliminated all long-term and convertible debt, strengthening its balance sheet through improved collections. This financial improvement supports more efficient expansion of operations and corporate growth plans. The company's outstanding share count remains at approximately 38 million, reflecting management's focus on protecting long-term shareholder value. Fiscal Q1 2026 sales have continued at record levels, maintaining the strong growth trajectory.

In December 2025, IVDN management signed an agreement to re-engage BRC Laboratories, a qualified independent laboratory testing company, to complete the process of obtaining renewed high-level product certifications for Insultex House Wrap®. The company's new specialized testing machine has been delivered to BRC Laboratories' new facility, and initial testing procedures have already begun. The certification process for the testing apparatus and procedures has also commenced. These updated certifications are intended to qualify the Insultex® product for a much wider customer base and significantly larger scope projects.

Insultex House Wrap® meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements, positioning it as a key solution in the current homebuilding market. The product adds an R-6 moisture barrier membrane that doesn't require additional insulation boards or support like competitor products. For full product specifications and details, visit http://www.insultexhousewrap.com. CEO Joseph A. Riccelli Jr. stated that the company recognizes the need for renewed certifications to achieve greater market potential and is committed to increasing production capacity to meet larger demand while developing other markets including clothing applications and international sales.