Innovative Designs Inc (IVDN)

[ProfitScout]

The IVDN 10-K just filed showing 15% sales growth over the previous fiscal year demonstrates the company is on the right track with and only needs to continue to grow sales to move into profitability from the near break-even point they are at now. There was only a .01 loss per share in this report so with the multi-million dollar contract that was signed in late December, IVDN should have very positive financial results in 2023.

Agreement Signed for Energy Saving Insulation with a Minimum $2 Million Yearly Contract
December 13, 2022
https://www.einpresswire.com/article/605952244/agreement-signed-for-energy-saving-insulation-with-a-minimum-2-million-yearly-contract-innovative-designs-otcqb-ivdn