Innovative Designs, Inc. (OTCQB: IVDN) has announced that its fiscal third quarter, ending July 31, 2026, will be the best in company history, with sales revenues expected to show a near 40% increase over the same period last year. This marks the eighth consecutive quarter of profitability for the Pittsburgh-based company, which manufactures the Insultex House Wrap® and Arctic Armor® line under the i.d.i.gear label.
The company attributes this growth to the increasing market adoption of its Insultex House Wrap®, a patented insulation product that meets or exceeds new government building codes for continuous insulation and exterior R-Value requirements. The product is now available at nearly 200 retail locations across the United States, with more retailers adopting it each week. Unlike competitor products, Insultex House Wrap® provides an R-6 moisture barrier membrane without needing additional insulation boards or support, offering a cost-effective and efficient solution for new construction.
In addition to strong sales, Innovative Designs is in the final stages of an independent laboratory re-certification program with BRC Laboratories. This program aims to re-certify the R-Value testing equipment, which could qualify Insultex® for a wider range of building applications and larger-scale projects. CEO Joseph A. Riccelli Jr. has personally visited the BRC facility and maintained regular communication with its manager throughout the process. The successful completion of this certification could open doors to revenues the company has never achieved before.
Randy Kimbler, Director of Business Development for Built Link Solutions, noted the growing popularity of Insultex House Wrap®, stating that new building material suppliers are adopting the product almost every week, and builders and contractors are calling daily to capitalize on its value and cost savings.
Riccelli expressed pride in the team's accomplishments, highlighting the record revenue and sustained profitability. He also emphasized the importance of the re-certification program, which has moved to its final phase. The company expects to have official documentation soon and will make detailed announcements at that time.
The company plans to file its official fiscal Q3 financial report on time in mid-September. For more information about Insultex House Wrap®, visit Insultex House Wrap. For details on the company's other products, visit i.d.i.gear.
This announcement underscores the company's strong momentum in the homebuilding industry and its potential for future growth, especially with the pending certification that could significantly expand its market reach.
