Innovative Designs Inc (IVDN)

[ProfitScout]

Joseph A. Riccelli Jr., CEO of Innovative Designs commented, "We are very proud of the success story taking place right now for IVDN and Insultex House Wrap®, especially with the closing of our fiscal 2025 year more than doubling the growth totals of fiscal 2024. We anticipate filing our 2025 fiscal year end financial report on time or early with the exact final totals. At this point, we can confidently project over a 100% increase in year-over-year revenue growth with the Company's profitability being extended to its fifth consecutive quarter. Federal Reserve Interest rate cuts that have now commenced should further accelerate our sales growth going forward with a positive effect on the homebuilding market sector."