ProfitScout
4時間前
The facts of the growing IVDN success story speak for themselves:
Innovative Designs, Inc. (IVDN) Reports Record Q2 Sales Due to Strong Customer Base Growth for Superior Vacuum Cell Homebuilding Insulation
Fiscal 2026 Second Quarter Sales Significantly Exceed Same Period in 2025.
Profitability Now Extending for Seven (7) Trailing Quarters.
Independent Lab Testing Program Proceeding On-Track for High Level Product Certifications to Qualify Insultex House Wrap® for Much Wider Applications.
Production Increases Underway to Meet Rising Demand.
PITTSBURGH, PA - June 18, 2026 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) has now filed its fiscal second quarter financial report with continued revenue growth that now extends the Company's profitability across seven (7) trailing quarters. Total revenues for the period ending on April 30, 2026 reached $808,666, significantly exceeding the 2025 second quarter total. This result is the second highest in Company history and only the 2nd time breaking the $800K level in a single quarter. Sales accelerated towards the end of the second quarter due to better weather for national building projects. As of today, IVDN has reached almost the $2 million revenue level for the 2026 fiscal year which puts the Company on pace to set an all time new record for annual sales and revenue growth with increasing profitability.
IVDN is also maintaining a strong cash position with no long term or convertible debt on the books. The IVDN outstanding share count is still only about 38 million, reflecting management's commitment to supporting and enhancing long term shareholder value.
Additionally, progress is proceeding on track for the new Insultex® independent laboratory testing program with BRC Laboratories, a qualified independent laboratory testing company, to complete the process of obtaining renewed high level product certifications for Insultex House Wrap®. The purpose of the updated testing and certification program is to allow our advanced Insultex® product to qualify for the needs of a much wider customer base and projects of significantly larger scope. Increasing numbers and also multiple larger building industry companies have indicated to us that attainment of the new certifications will be very important for their plans for using Insultex House Wrap® in their own major projects and marketing programs.
Currently, Insultex House Wrap® is already fulfilling a key role in the homebuilding market because it meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "Our entire team at IVDN deserves congratulations for putting the Company on the increasingly positive path of success that is now extended to seven straight quarters of profitability with the filing of our fiscal second quarter financial report. Our top performing sales agent, Built Link Solutions, is doing an outstanding job of introducing Insultex House Wrap® at key building industry trade shows and other events as well as ongoing direct meetings with a wide range of building professionals including some of the most important names in the industry. The result is that we have become busier than ever in selling and shipping our products. We are also continuing to work on expanding production of Insultex House Wrap® for the anticipated demand surge after the current new certification program is completed."
Randy Kimbler, Director of Business Development for Built Link Solutions and distributor for Insultex House Wrap®, commented on the 2nd quarter, "Now that the building season has ramped up following a late start due to very harsh winter weather, we are seeing multiple new building material suppliers coming on board this year and even more showing high interest in using Insultex House Wrap® as they learn about its distinct advantages. This, along with a significant increase in repeat orders from our existing clients, has given us a great start to the 2026 building season which is in full swing now."
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.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com
View the original release on http://www.newmediawire.com
News Link: https://www.newmediawire.com/news/innovative-designs-inc-ivdn-reports-record-q2-sales-due-to-strong-customer-base-growth-for-superior-vacuum-cell-homebuilding-insulation-7087216
searay2701
13時間前
It is now July 1, 2026, this stock’s price situation has not improved but done just the opposite, gone way down from the year it was at $1.50, and down approximately 50% from it’s last low high of $.42, now that is not a sign of a company in it’s best shape ever. This is not, or will it ever be in the same league of a Tyvek, and a few others revenue wise. IVDN after 24 years still has a long long ways to go to see if it’s stock will ever believe in it’s own company.
searay2701
1日前
July 1 2026, do you know where your money is and how much is left, 7 months into, and no certification completion as of yet, 24 years and still with our revenues nowhere in site or near where tjey should be in a $18.4 billion $ industry.. Yes I repeat, but stock price wise, reality is still where we are after 24 years!
searay2701
3日前
Two trading sessions to go and IVDN will have completed eight months of being in IVDN’s current business year, 2026. Yes, we have seen the the last 7 quarters of increasing revenues, but those revenues are still far short of what is needed in order to, as we have seen, move this stock in the right direction and hold it up there. We are constantly seeing what the relation of this stock’s price is to those last 7 quarters in not even at least holding at a better level, NO, and why, because of the long past history here still has not gone away, why, because we know that we yet have not really accomplished what we should have done so by now, 24 years of not being able to really expedite quick enough when needed, leaving way too much time that keeps passing by, which we possibly could see at this rate, a much better product coming out by one of the majors in the not too distant future before we can be in a much better exposure position in this industry. MOO
ProfitScout
4日前
The growing IVDN success story clearly merits congratulations to the entire team that is making this happen now.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "Our entire team at IVDN deserves congratulations for putting the Company on the increasingly positive path of success that is now extended to seven straight quarters of profitability with the filing of our fiscal second quarter financial report. Our top performing sales agent, Built Link Solutions, is doing an outstanding job of introducing Insultex House Wrap® at key building industry trade shows and other events as well as ongoing direct meetings with a wide range of building professionals including some of the most important names in the industry. The result is that we have become busier than ever in selling and shipping our products. We are also continuing to work on expanding production of Insultex House Wrap® for the anticipated demand surge after the current new certification program is completed."
Randy Kimbler, Director of Business Development for Built Link Solutions and distributor for Insultex House Wrap®, commented on the 2nd quarter, "Now that the building season has ramped up following a late start due to very harsh winter weather, we are seeing multiple new building material suppliers coming on board this year and even more showing high interest in using Insultex House Wrap® as they learn about its distinct advantages. This, along with a significant increase in repeat orders from our existing clients, has given us a great start to the 2026 building season which is in full swing now."
Source: https://www.newmediawire.com/news/innovative-designs-inc-ivdn-reports-record-q2-sales-due-to-strong-customer-base-growth-for-superior-vacuum-cell-homebuilding-insulation-7087216
ProfitScout
1週前
$IVDN News: Innovative Designs, Inc. (IVDN) Reports Record Q2 Sales Due to Strong Customer Base Growth for Superior Vacuum Cell Homebuilding Insulation
Company Profitability Now Extending to 7 Straight Quarters
https://www.newmediawire.com/news/innovative-designs-inc-ivdn-reports-record-q2-sales-due-to-strong-customer-base-growth-for-superior-vacuum-cell-homebuilding-insulation-7087216
#EarningsGrowth #Homebuilding
$IVDN News: Innovative Designs, Inc. (IVDN) Reports Record Q2 Sales Due to Strong Customer Base Growth for Superior Vacuum Cell Homebuilding Insulation
June 18, 2026
Company Profitability Now Extending to 7 Straight Quartershttps://t.co/3QhqACcj9L #EarningsGrowth #Homebuilding pic.twitter.com/jFpNj6IfYI— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) June 18, 2026
berigud
1週前
Yes Searay, we need new management. A management that can attract investment.
The Riccelli's can not, have not, attracted investment. SMART investors stay away from incompetence. Dumb investors hang on to a false dreams (me included). In fact, even the folks that own this stock for decades have not been investing any new money into the company.
After 2 decades, either the product s-cks, management s-cks, or both s-ck. I believe the product might have some potential but I know the management SUCKS!
searay2701
1週前
berigud, in reality, you have been right on here. IVDN has not changed where it counts for being in business this long, it’s stock keeps warning us to be careful, better to go with extreme caution here until, and if ever, proven otherwise,
ProfitScout
2週前
On February 2nd, IVDN management announced that their specialized testing machine had been delivered to the independent testing laboratory and that testing procedures had already begun. The process of arranging for the subsequent certifications was also commenced by that time. This information conforms to today's clear statement from IVDN management that the testing and certification process is on track and proceeding.
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Of substantial importance, 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®. Our new specialized testing machine has been delivered to the BRC Laboratories new facility and initial testing procedures have already begun. The process of obtaining all necessary certification of the testing apparatus and procedures has also been commenced. The purpose of the updated testing and certifications is to allow the advanced Insultex® product to qualify for the needs of a much wider customer base and projects of significantly larger scope.
News Link: https://www.newmediawire.com/news/innovative-designs-inc-ivdn-100-year-over-year-sales-growth-posted-in-2025-annual-report-for-best-year-ever-with-profitability-reaching-five-straight-quarters-7085202
CrocHntr
2週前
IVDN Certification Program - How do you define "on track". Are we talking months, years, decades? Seems like there's still a ton to do and very little free cash to do it. The certification program is a good step forward, but this is going to take a while to complete:
"The new quality control testing equipment for our House Wrap Product line has been built. We have reached an agreement with the vendor on the final amount. As of April 30, 2026, we have paid approximately $39,139 in deposits for the equipment. We expect to accept delivery of the equipment when we are able to reach an agreement with a testing laboratory that will house the equipment. Once the equipment is installed it will have to go through a certification process before we will be able to conduct tests on our Insultex products. Once the testing equipment is certified, we intend to begin the process of having Insulted certified by ICC Evaluation Services, LLC (“ICC-ES”). ICC-ES certifies, among other items, building materials and products of which our House Wrap falls under. The reason we need to have ICC-ES certification is that we believe in order to get large orders for House Wrap, ICC-ES certification will be required. The other component part of the Housewrap produced by a third party is ICC-Es certified. Getting ICC-ES certification is costly and time consuming"
ProfitScout
2週前
IVDN Certification Program on track for 2026 per today's official news from the company. This is the game changing event that can magnify IVDN earnings many times over as soon as it is completed.
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Additionally, progress is proceeding on track for the new Insultex® independent laboratory testing program with BRC Laboratories, a qualified independent laboratory testing company, to complete the process of obtaining renewed high level product certifications for Insultex House Wrap®. The purpose of the updated testing and certification program is to allow our advanced Insultex® product to qualify for the needs of a much wider customer base and projects of significantly larger scope. Increasing numbers and also multiple larger building industry companies have indicated to us that attainment of the new certifications will be very important for their plans for using Insultex House Wrap® in their own major projects and marketing programs.
Currently, Insultex House Wrap® is already fulfilling a key role in the homebuilding market because it meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: http://www.insultexhousewrap.com.
searay2701
2週前
IVDN’s Trading now taking place back in the $.20s again. Take another look at the OTC release yesterday, we need much much stronger revenues to keep coming in each succeeding quarter, we need that Certification to get done this business year, by the end of October 2026 or sooner in order not to see this stock trading next year in the $.10s, and do not say no way, did anyone think by the end of 2025 that this stock would be trading by this time this year back in the $.20s. The likes of companies like Tyvek, Rex Wrap, and BlueSkin who are in the building industry, are today in 2026 bringing in revenues in the Multi Multi millions and we are still, after 24 years, hoping we do not end up as one of those Going Concern company’s that does not end up not really making somewhat the grade of an on going decent business future.NOO
Trooperstocks
2週前
Great to see the $IVDN news, Excellent job by the team:
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "Our entire team at IVDN deserves congratulations for putting the Company on the increasingly positive path of success that is now extended to seven straight quarters of profitability with the filing of our fiscal second quarter financial report. Our top performing sales agent, Built Link Solutions, is doing an outstanding job of introducing Insultex House Wrap® at key building industry trade shows and other events as well as ongoing direct meetings with a wide range of building professionals including some of the most important names in the industry. The result is that we have become busier than ever in selling and shipping our products. We are also continuing to work on expanding production of Insultex House Wrap® for the anticipated demand surge after the current new certification program is completed."
ProfitScout
2週前
$IVDN News: Innovative Designs, Inc. (IVDN) Reports Record Q2 Sales Due to Strong Customer Base Growth for Superior Vacuum Cell Homebuilding Insulation
Company Profitability Now Extending to 7 Straight Quarters
Fiscal 2026 Second Quarter Sales Significantly Exceed Same Period in 2025.
Profitability Now Extending for Seven (7) Trailing Quarters.
Independent Lab Testing Program Proceeding On-Track for High Level Product Certifications to Qualify Insultex House Wrap® for Much Wider Applications.
Production Increases Underway to Meet Rising Demand.
PITTSBURGH, PA - June 18, 2026 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) has now filed its fiscal second quarter financial report with continued revenue growth that now extends the Company's profitability across seven (7) trailing quarters. Total revenues for the period ending on April 30, 2026 reached $808,666, significantly exceeding the 2025 second quarter total. This result is the second highest in Company history and only the 2nd time breaking the $800K level in a single quarter. Sales accelerated towards the end of the second quarter due to better weather for national building projects. As of today, IVDN has reached almost the $2 million revenue level for the 2026 fiscal year which puts the Company on pace to set an all time new record for annual sales and revenue growth with increasing profitability.
IVDN is also maintaining a strong cash position with no long term or convertible debt on the books. The IVDN outstanding share count is still only about 38 million, reflecting management's commitment to supporting and enhancing long term shareholder value.
Additionally, progress is proceeding on track for the new Insultex® independent laboratory testing program with BRC Laboratories, a qualified independent laboratory testing company, to complete the process of obtaining renewed high level product certifications for Insultex House Wrap®. The purpose of the updated testing and certification program is to allow our advanced Insultex® product to qualify for the needs of a much wider customer base and projects of significantly larger scope. Increasing numbers and also multiple larger building industry companies have indicated to us that attainment of the new certifications will be very important for their plans for using Insultex House Wrap® in their own major projects and marketing programs.
Currently, Insultex House Wrap® is already fulfilling a key role in the homebuilding market because it meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "Our entire team at IVDN deserves congratulations for putting the Company on the increasingly positive path of success that is now extended to seven straight quarters of profitability with the filing of our fiscal second quarter financial report. Our top performing sales agent, Built Link Solutions, is doing an outstanding job of introducing Insultex House Wrap® at key building industry trade shows and other events as well as ongoing direct meetings with a wide range of building professionals including some of the most important names in the industry. The result is that we have become busier than ever in selling and shipping our products. We are also continuing to work on expanding production of Insultex House Wrap® for the anticipated demand surge after the current new certification program is completed."
Randy Kimbler, Director of Business Development for Built Link Solutions and distributor for Insultex House Wrap®, commented on the 2nd quarter, "Now that the building season has ramped up following a late start due to very harsh winter weather, we are seeing multiple new building material suppliers coming on board this year and even more showing high interest in using Insultex House Wrap® as they learn about its distinct advantages. This, along with a significant increase in repeat orders from our existing clients, has given us a great start to the 2026 building season which is in full swing now."
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.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com
View the original release on http://www.newmediawire.com
News Link: https://www.newmediawire.com/news/innovative-designs-inc-ivdn-reports-record-q2-sales-due-to-strong-customer-base-growth-for-superior-vacuum-cell-homebuilding-insulation-7087216
searay2701
2週前
It has been said about IVDN, that it can be a volatile stock to the upside, that we have not seen, but, to the downside, now that we have seen a couple of times. How will this stock’s price close out it’s current year come the end of October 2026 is anyone’s guess, right now things would have to change drastically in order to see that happen as everything thrown out from company for a long time now has not made a dent in getting it back up to $1.50 level, never mind even getting it back up to the $.42 level and at least hold up to that level after all the time that has past by, is not a very good sign of what to expect from this stock. MOO
searay2701
2週前
It has been said that IVDN’s product has gained acceptance, this IVDN’s price has not gained acceptance, far from it, but for years gone backwards, that is like a stock doing a RS when you compare it to a drop of over 4 1/2 times in going from $1.50 to $.32. Bottom line, by now, can we deposit any big winnings into our bank account from the holding onto IVDN stock, we all know that answer don’t we.