Innovative Designs Reaches Seven Straight Quarters of Profitability on Q2 Revenue Growth

Innovative Designs, Inc. (OTCQB: IVDN) has achieved seven consecutive quarters of profitability, fueled by strong fiscal second-quarter revenue growth that the company says will be the second highest in its history. For the period ending April 30, 2026, IVDN projects revenues exceeding $800,000, marking only the second time the company has broken that threshold in a quarter. Year-to-date sales have already surpassed $1.5 million, with two quarters remaining in the fiscal year.

The company’s flagship product, Insultex House Wrap, a vacuum-insulated membrane that meets updated building codes for continuous insulation, continues to gain traction. Over 150 retail locations now carry the product, with new outlets added weekly. The wrap provides an R-6 moisture barrier without requiring additional insulation boards, differentiating it from competitor products. Full specifications are available at http://www.insultexhousewrap.com.

An independent laboratory certification program, contracted with BRC Laboratories, is progressing on schedule with positive results. Once completed, the certification is expected to qualify Insultex for a wider range of building applications, including larger-scale projects. According to the company, major homebuilders have expressed interest in integrating Insultex into their projects once the certifications are finalized.

Randy Kimbler, Director of Business Development for Built Link Solutions, noted enthusiastic reactions from builders and suppliers. “The reaction to Insultex House Wrap we are receiving in our nationwide marketing campaign to builders and building material suppliers is exceptionally enthusiastic as they gain a better understanding of the valuable advantages this unique product delivers,” Kimbler said. He highlighted compliance with new building codes in more U.S. states and growing demand in the remodeling sector, where the wrap adds value and energy savings for homeowners.

CEO Joseph A. Riccelli Jr. emphasized the company’s operational readiness for anticipated demand. “We anticipate filing our official 2026 fiscal second quarter financial report on time for its June 15th requirement. We are very pleased that this filing will extend the developing IVDN success story to seven straight quarters of profitability,” Riccelli said. He added that production rates and inventory levels are being increased to meet accelerating orders.

The strong Q2 finish followed a slower start due to harsh winter weather that delayed building projects. However, sales activity has notably picked up in recent weeks. The company expects the balance of 2026 to set new record sales growth.

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