Zurück geht es hier Grüezi! Sie wurden auf finanzen.ch, unser Portal für Schweizer Anleger, weitergeleitet.  Zurück geht es hier.
01.04.2025 14:52:48

EQS-News: Over $1 Million in Revenue With Continued Profitability Projected in the First Half of 2025 for High Demand Product in the Homebuilding Sector from Innovative Designs, Inc. (IVDN)

EQS-News: Innovative Designs Inc. / Key word(s): Manufacturing
Over $1 Million in Revenue With Continued Profitability Projected in the First Half of 2025 for High Demand Product in the Homebuilding Sector from Innovative Designs, Inc. (IVDN)

01.04.2025 / 14:52 CET/CEST
The issuer is solely responsible for the content of this announcement.


IVDN’s Leading Distributor, Built Link Solutions, is Delivering Increasing Order Flow for Superior Evacuated Cell Home Insulation Product  

PITTSBURGH, PA - April 1, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is now able to project that the company will hit another revenue growth milestone, reaching over $1 million in sales revenue for the first two quarters of its fiscal 2025 year which ends on April 30th. This successful trend is also projected to continue the Innovative Designs status as a profitable company which was achieved for the first time at the end of the 2024 fiscal year.

Sharply rising demand for the superior and patented Innovative Designs Insultex House Wrap®, is being fueled by new government building codes calling for continuous insulation and exterior R-Value requirements. For new construction, 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 our competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full details be sure to visit: http://www.insultexhousewrap.com.

Much of the rapidly growing sales success Innovative Designs is now receiving can be credited to our leading Distributor, Built Link Solutions, LLC.  As part of their active and very effective marketing program, the Built Link Solutions team has exhibited at multiple trade show events in the past months, presenting Insultex House Wrap® to a wide range of homebuilding professions and building materials suppliers at every level. Randy Kimbler of Built Link Solutions stated, “We are receiving daily calls and emails from builders and materials suppliers looking for a solution to the new R-5 Continuous Insulation requirement for many states. We can now resolve this increasingly important issue with Insultex House Wrap®”.  

Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, “We have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrap® product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. With about one month to go in our fiscal 2nd quarter we are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations. Everyone on our team is delivering the most positive results for Innovative Designs this year."

About Innovative Designs, Inc.

Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.com

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.

CONTACT:

Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com

Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com 


News Source: Innovative Designs Inc.


01.04.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Innovative Designs Inc.
United States
ISIN: US45772B1061
EQS News ID: 2109986

 
End of News EQS News Service

2109986  01.04.2025 CET/CEST

Analysen zu Innovative Designs Inc

  • Alle
  • Kaufen
  • Hold
  • Verkaufen
  • ?
Zu diesem Datensatz liegen uns leider keine Daten vor.
Eintrag hinzufügen

Erfolgreich hinzugefügt!. Zu Portfolio/Watchlist wechseln.

Es ist ein Fehler aufgetreten!

Kein Portfolio vorhanden. Bitte zusätzlich den Namen des neuen Portfolios angeben. Keine Watchlisten vorhanden. Bitte zusätzlich den Namen der neuen Watchlist angeben.

CHF
Hinzufügen

Investieren in Rüstungsaktien – Wall Street Live mit Tim Schäfer

Tim Schäfer analysiert im Gespräch mit David Kunz (COO der BX Swiss) die spannendsten Defense-Aktien aus Europa und den USA. Sind Rheinmetall, Palantir oder Lockheed Martin noch kaufenswert – oder schon überbewertet?
Wir sprechen über die Rolle von Trumps NATO-Druck, die massive Aufrüstung in Europa und warum gerade europäische Rüstungsaktien boomen.

✅ Top-Performer 2024
✅ Value- und Dividenden-Checks
✅ Geheimtipps wie BAE Systems, Thales & Co.
✅ Palantir als digitaler Profiteur

In unserem zweiwöchigen Format „Wall Street Live“ mit Tim Schäfer behandeln wir Topaktuelle Themen des Marktgeschehens.
🛑 Wichtig: Das Thema Rüstung ist gesellschaftlich wie ethisch komplex – in diesem Video beleuchten wir vor allem die börsentechnische Entwicklung und die wirtschaftlichen Auswirkungen globaler Ereignisse.

👉🏽 https://bxplus.ch/wall-street-live-mit-tim-schaefer/

Investieren in Rüstungsaktien – Wall Street Live mit Tim Schäfer

Mini-Futures auf SMI

Typ Stop-Loss Hebel Symbol
Short 12’200.00 11.76
Short 12’300.00 8.39
SMI-Kurs: 11’047.48 07.04.2025 17:31:08
Long 10’537.90 17.28 VSSM5U
Long 10’440.00 10.72
Long 9’904.19 8.78 3SSMKU
Die Produktdokumentation, d.h. der Prospekt und das Basisinformationsblatt (BIB), sowie Informationen zu Chancen und Risiken, finden Sie unter: https://keyinvest-ch.ubs.com

finanzen.net News

Datum Titel
{{ARTIKEL.NEWS.HEAD.DATUM | date : "HH:mm" }}
{{ARTIKEL.NEWS.BODY.TITEL}}