Record Q3 Sales and 8th Straight Profitable Quarter for Insultex Maker
IVDN sits 72% above its 52-week low of $0.13 on light trading volume (0.2× avg).
Summary
Innovative Designs reported fiscal Q3 revenue of $758,247, extending profitability to eight consecutive quarters. Cash stands at $873K with no long-term or convertible debt, and the share count remains at 38.5 million. The company also received Perry Johnson Laboratory Accreditation for its independent testing facility, a step toward qualifying Insultex House Wrap for larger building applications. Fiscal 2026 Q4 revenue has already surpassed all of fiscal 2025, indicating continued momentum. The going concern warning from the recent 10-Q remains a key risk despite the positive operational trends.
At the time of this announcement, IVDN was trading at $0.22 on OTC in the Manufacturing sector, with a market capitalization of approximately $8.6M. The 52-week trading range was $0.13 to $0.42. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: EQS.