Innovative Designs, Inc. income statement IVDN

Annual Quarterly

In fiscal 2025, which ended Oct 31, 2025, Innovative Designs, Inc. reported revenue of $2.8 million, up 100.0% from the year before. Net income was $494,703, a profit margin of 17.9%. Operating income came to $500,606, an operating margin of 18.1%. Diluted earnings per share were $0.01. Over the twelve months ended Jul 31, 2026, revenue was $3.0 million. Across the 8 fiscal years shown, revenue grew from $249,682 in fiscal 2018 to $2.8 million in fiscal 2025, about 41.0% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Jul 31, 2026	FY 2025 Oct 31, 2025	FY 2024 Oct 31, 2024	FY 2023 Oct 31, 2023	FY 2022 Oct 31, 2022	FY 2021 Oct 31, 2021	FY 2020 Oct 31, 2020	FY 2019 Oct 31, 2019	FY 2018 Oct 31, 2018	FY 2017 Oct 31, 2017	FY 2016 Oct 31, 2016
Revenue	3 +11.9%	3 +100.0%	1 +297.6%	0 +34.4%	0 +14.7%	0 +11.5%	0 -6.4%	0 -13.5%	0	—	—
Cost of revenue	—	—	—	—	0 +51.9%	0 -26.3%	0 +3.7%	0 -32.9%	0 -12.7%	0 -28.8%	0 -18.3%
Gross profit	—	—	—	—	0 -13.2%	0 +81.6%	0 -20.5%	0 +46.7%	0	—	—
Selling, general and administrative	1 +21.4%	1 +73.3%	0 +6.8%	0 -30.3%	1 +61.8%	0 +20.7%	0 -40.9%	1 -11.0%	1 -14.2%	1 -12.7%	1 +6.0%
Operating income	1 -0.1%	1 +275.8%	0 +153.7%	-0 +55.3%	-1 -96.0%	-0 -4.7%	-0 +44.6%	-0 +17.0%	-1 +2.8%	-1 -6.6%	-1 -36.6%
Net income	—	0 +410.4%	0 +132.2%	-0 -33.7%	-0 +30.1%	-0 -15.0%	-0 +46.1%	-1 +10.7%	-1 +7.9%	-1 -0.1%	-1 -23.6%
Basic EPS	—	—	0.00 +100.0%	-0.01 +0.0%	-0.01 +0.0%	-0.01 +0.0%	-0.01 +50.0%	-0.02 +4.8%	-0.02 +16.0%	-0.03 +0.0%	-0.03 -13.6%
Diluted EPS	—	0.01	0.00 +100.0%	-0.01 +0.0%	-0.01 +0.0%	-0.01	—	—	—	—	—
Weighted average shares, basic	38 -0.3%	38 +2.8%	37 +5.0%	35 +2.4%	35 +7.4%	32	—	29 +5.8%	27 +6.0%	26 +1.8%	25 +7.2%
Weighted average shares, diluted	—	—	37 +2.0%	37 +3.4%	35	—	—	—	—	—	—
Other measures
Depreciation and amortization	0 +64.2%	0 +64.7%	0 +61.9%	0 +106.3%	0 -95.5%	0 +0.0%	0 +0.0%	0 -0.8%	0 +8.5%	0 +47.3%	0 +115.9%
EBITDA	1 +0.8%	1 +268.2%	0 +156.4%	-0 +55.7%	-1 -121.6%	-0 -5.4%	-0 +47.9%	-0 +18.0%	-1 +3.4%	-1 -5.0%	-1 -34.7%
Interest coverage	67.20x	—	3.67x	-10.00x	-13.18x	-5.76x	-23.66x	-26.71x	-25.93x	-25.09x	-8.98x
Margins
Gross margin	—	—	—	—	43.22%	57.12%	35.09%	41.36%	24.39%	—	—
Operating margin	17.22%	18.10%	9.63%	-71.34%	-214.28%	-125.37%	-133.57%	-225.83%	-235.29%	—	—
Profit margin	—	17.89%	7.01%	-86.66%	-87.15%	-143.05%	-138.81%	-241.04%	-233.45%	—	—
EBITDA margin	17.62%	18.40%	9.99%	-70.45%	-213.70%	-110.61%	-117.11%	-210.40%	-221.84%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Miscellaneous Fabricated Textile Products (SIC 2390)
Listed as: IVDN (OTC)
Fiscal year ends: October 31
Incorporated in: DE
Headquarters: Pittsburgh, PA
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1190370

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.