- Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.
- Patented Evacuated (Vacuum) Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Key Advantages.
- Over 100% Year-Over-Year Increase in Sales for FY 2025 vs FY 2024.
- All Time Record High Revenue Totals in Fiscal 2025.
- Profitability Extending for 5 Trailing Quarters.
- Long Term and Convertible Debt Eliminated with Cash Reserves High.
- Production Increases and New Certification Efforts Moving Forward.
- Fiscal Q1 Sales in November Already Reaching Record Breaking Results.
- Sales Growth Anticipated to Accelerate with Ongoing Interest Rate Cuts.
- New Marketing Opportunities for Apparel & Related Applications.
- New Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds Standards Where Many Competitors Now Do Not.
- Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Increasing Demand.
- Company Seeking Additional Product Certifications to Expand Range of Customers.
- New Board Member is Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More.
Innovative Designs, Inc. (OTCQB: IVDN), manufactures and markets its unique, patented Insultex® material, a quantum leap forward in insulation based on proprietary evacuated (vacuum) cells. IVDN products deliver optimum warmth and comfort via insulating, windproof and waterproof protection with no animal materials. IVDN holds issued US patents on both the evacuated cell material and its manufacturing process.
Superior insulation, for heating or cooling, is fast becoming a primary factor in the multi-billion dollar home construction and remodeling industry. In addition to lowering construction costs because additional insulation boards or supports are not needed, IVDN Insultex® use results in high energy efficiency and a reduction of greenhouse gas emissions that contribute to the global climate change crisis.
IVDN Insultex House Wrap® delivers an unmatched R-6 rating because of its unique and patented evacuated or vacuum cell structure design. The dedicated IVDN Insultex House Wrap® website explains the scientific principles in detail along with visual aids. Insultex® also provides a moisture barrier and other key benefits that make it simply the best insulation choice available today. For product specifications and certifications, the IVDN Insultex House Wrap ® website may be visited at http://www.insultexhousewrap.com.
No other product on the market offers an evacuated or vacuum cell structure. A vacuum is the best thermal insulation possible and only IVDN Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other benefits. The result is a substantial savings for new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with competitor products.
For investors, IVDN has a very small share structure with only about 38 million shares outstanding and a public float of about 17 million shares. Also, according to the latest 10-K filing, Management and Directors are holding over 8.4 million of these shares making IVDN avery lean stock.
2025 Fiscal Year More Than Doubles 2024 Revenues for Best Year Ever and Extends Profitability to Five Straight Quarters
- Over 100% Year-Over-Year Increase in Sales for FY 2025 vs FY 2024.
- All Time Record High Revenue Totals in Fiscal 2025.
- Profitability Extending for 5 Trailing Quarters.
- Long Term and Convertible Debt Eliminated with Cash Reserves High.
- Production Increases and New Certification Efforts Moving Forward.
- Fiscal Q1 Sales in November Already Reaching Record Breaking Results.
- Sales Growth Anticipated to Accelerate with Ongoing Interest Rate Cuts.
- New Marketing Opportunities for Apparel and Related Applications.
On November 17th IVDN announced it has closed its 2025 fiscal year on October 31st with Q4 revenues surpassing 2024 totals while delivering year-over-year growth of more than 100%. This makes FY 2025 the best year in the Company's history by a wide margin as sales of IVDN patented Insultex House Wrap® continue to grow at record levels from new and repeat customers across the United States. Additionally, the IVDN fiscal first quarter, beginning on November 1st, is now experiencing exceptionally high sales intensity, exceeding that seen in the same month last year. The 2026 IVDN fiscal year is off to powerful start to continue the Company's unprecedented revenue growth curve with continued and increasing profitability.
This year IVDN has also eliminated all of its long term and convertible debt to significantly strengthen the Company balance sheet. Cash reserves are at high levels thanks to improved accounts receivables which supports operations and expansion efforts without relying on any new equity dilution to the shareholder base.
Top performing national distributor, Built Link Solutions, LLC, has been introducing IVDN Insultex House Wrap® at important building industry trade shows and other events as well as conducting ongoing and expanding marketing campaigns. Randy Kimbler of Built Link Solutions stated, "The market response to Insultex House Wrap® is extremely enthusiastic wherever we have presented this superior performance product in multiple regions of the country. Once homebuilders and remodelers learn about the significant advantages that only Insultex House Wrap® offers they invariably want to incorporate it into their building plans and start giving us new orders. We are looking for 2026 to be a banner year for this advanced product in terms of sales growth and new customer expansion on every level of the industry."
IVDN Insultex House Wrap® is fulfilling a key role in the current homebuilding market because it meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, IVDN 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 IVDN Insultex House Wrap®, the best overall insulation house wrap choice available on the market today.
Joseph A. Riccelli Jr., CEO of IVDN commented, "In addition to the homebuilding market, we are currently exploring further marketing opportunities in other industries including new applications in apparel and related outdoor activity products. These opportunities include possible supply to international customers for the first time. We are also making important efforts towards expanding our production capacity and to secure key product certifications so that more customers can begin using our patented Insultex® products in projects of larger industry scope.”
Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More IVDN has added a new addition to its Board of Directors, Mr. John Spagnolo Jr., an accomplished real estate investor and developer. For over 20 years Mr. Spagnolo, Jr. has been successful in building high end homes, residential and commercial properties and other development projects. Most notably, Mr. Spagnolo, Jr., has nurtured relationships with contacts at some of the most important companies in the multi-billion-dollar homebuilding and construction industry. These include D.R. Horton, NVR [Ryan Homes], Maronda Homes, Rockford Homes, Fischer Homes, Infinity Custom Homes and more. Mr. Spagnolo has recently made some insider stock purchases of IVDN shares for his personal holdings.
Follow Innovative Designs, Inc. (IVDN) on X (formerly Twitter) here: https://twitter.com/riccelli_joseph
For more information on $IVDN visit: http://www.insultexhousewrap.com and http://www.idigear.com
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Media Contact
Company Name: INNOVATIVE DESIGNS, INC.
Contact Person: Joseph Riccelli, CEO
Email: Send Email
Phone: 412-799-0350
Address:124 Cherry St
City: Pittsburgh
State: Pennsylvania
Country: United States
Website: www.idigear.com
