Penny's BreakOuts

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$IVDN: Record Sales Growth for Patented, “Evacuated Cell” Insulation Delivering Superior R-6 Rating & Other Advanced Specs to Meet New Government Building Codes: Innovative Designs, Inc. (Stock Symbol: IVDN)
January 13, 2025
Very Small Stock Structure of Only 38 Million OS / 16 Million Float
LINK:
https://markets.financialcontent.com/bostonherald/article/getnews-2025-1-13-record-sales-growth-for-patented-evacuated-cell-insulation-delivering-superior-r-6-rating-and-other-advanced-specs-to-meet-new-government-building-codes-innovative-designs-inc-stock-symbol-ivdn

• Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.

• Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.

• 2024 Fiscal Third Quarter Revenues More Than Doubled Same Period in 2023.

• First Nine Months of Fiscal 2024 Delivered a 285% Increase Over 2023.

• Accelerating Order Flow and Record Backlog in 2024 vs. No Backlog in 2023.

• New Government Building Codes Require Continuous Insulation with Higher Performance and IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.

• Increased Order Fulfilment Capabilities Recently Added with Plans for Further Enhancement to Handle Increasing Demand.

• Greater Energy Savings from Insultex® Insulation Delivers Economic Gains & Tax Credits for the User and Carbon Reduction for the Environment.