Innovative Designs, Inc. (OTCQB: IVDN) has filed its fiscal third-quarter financial report, showing record revenue growth and extending profitability to eight consecutive quarters. Sales revenues for the three-month period ended July 31, 2026, reached $758,247. As of the date of the announcement, in the fiscal 2026 fourth quarter, the company has already surpassed all total revenue for the entire 2025 fiscal year, according to the report published on NEWMEDIAWIRE.
The company’s cash position strengthened to $873,000 at the end of fiscal Q3, with no long-term or convertible debt. Outstanding shares remain low at 38.5 million, unchanged from the previous year, which management says reflects a commitment to long-term shareholder value. The full financial details are available in the company’s regulatory filings at http://www.sec.gov.
A significant operational milestone was also announced: the company’s Insultex® independent laboratory testing program, contracted with BRC Laboratories, received official documentation from Perry Johnson Laboratory Accreditation Inc. certifying the testing facility and its procedures. BRC Laboratory of Rhode Island is now accredited in accordance with the International Standard ISO/IEC:2017. Insultex® material testing has been performed with all positive results. The purpose of this program is to qualify Insultex® for a much wider range of building applications and projects of larger scale and scope with retailers and customers across the national homebuilding industry. Management states the company is on track to achieve this goal.
Insultex House Wrap® already meets or exceeds new government building codes specifying continuous insulation and exterior R-value requirements. For new construction, the patented evacuated cell Insultex House Wrap® adds an R-6 moisture barrier membrane that does not require additional insulation boards or other support, unlike competitor products. This positions it as a leading insulation house wrap choice. Full product specifications are available at http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, stated, “The IVDN team, including our top performing sales agent, Built Link Solutions, is delivering record sales growth and profitability gains with the continued acceptance of Insultex House Wrap® by new and repeat customers across the US in 2026. As the unmatched advantages of this patented product are becoming more well known, the response from the homebuilding industry is becoming exceedingly positive for us and our long term marketing goals. The very important milestone of the independent certification from Perry Johnson Laboratory Accreditation Inc. just achieved has also moved us a major step forward towards allowing Insultex House Wrap® to serve the much larger needs of the top names in the multi-billion dollar homebuilding industry today.”
The combination of record sales, a debt-free balance sheet, and a key certification could strengthen Innovative Designs’ position in the competitive homebuilding market. The independent accreditation may enable the company to pursue larger contracts with major builders, potentially driving further revenue growth. The announcement is available at www.newmediawire.com.
