Innovative Designs, Inc. (OTCQB: IVDN) has closed its fiscal third quarter ending July 31st with what management describes as the highest revenue in company history, continuing an upward trajectory that now includes eight consecutive profitable quarters. The company anticipates reporting a near 40% increase in sales revenue compared to the same period last year when official financials are released.
This performance is driven largely by the growing market adoption of Insultex House Wrap®, a patented insulation product that meets or exceeds updated government building codes requiring continuous insulation and exterior R-Value specifications. The product is now available at nearly 200 retail locations across the United States, with new dealers joining weekly. For new construction, Insultex House Wrap® provides an R-6 moisture barrier membrane that eliminates the need for additional insulation boards or support structures, offering both cost and installation advantages over competitor products. Full specifications are available at Insultex House Wrap.
In parallel, the company’s independent laboratory re-certification program, contracted with BRC Laboratories, has entered its final stages. The testing equipment for R-Value certification is undergoing re-certification, and all material testing has shown positive results. CEO Joseph A. Riccelli Jr. has personally visited the BRC facility and maintains regular communication with its manager to expedite the process. The successful completion of this certification is expected to qualify Insultex® for a broader range of building applications, including larger-scale projects, thereby expanding its market reach within the multibillion-dollar homebuilding industry.
Industry response reinforces the product's momentum. Randy Kimbler, Director of Business Development for Built Link Solutions, noted, “The popularity of Insultex House Wrap® continues to grow steadily. New building material suppliers are adopting this multi-advantage product almost every week. Individual builders and contractors are also calling us almost every day to capitalize on the value and cost savings that Insultex® brings to their building projects.”
CEO Joseph A. Riccelli Jr. commented, “Achieving the highest revenue of any quarter in the Company’s history and our 8th straight quarter of profitability is a gratifying milestone for all the dedicated work that our team has put in. We plan on filing our official 2026 fiscal third quarter financial report on time for its mid-September requirement with full results. I am also especially pleased to be able to announce that the re-certification program we have pursued since the start of 2026, under contract with independent BRC Laboratories, has moved to the final phase of the re-certification process for the R-Value testing equipment. We expect to have official documentation in hand soon and will make more detailed announcements at that time. Considering the value of this certification, the outcome could result in revenues that have never been achieved by Innovative Designs. Expediting this certification continues to be a high priority. The company will continue to issue updates as the process progresses.”
The company’s fiscal Q3 results underscore its sustained growth and strategic positioning in the insulation market. With the re-certification nearing completion, Innovative Designs stands to significantly expand its addressable market, potentially unlocking new revenue streams and reinforcing its competitive edge. Investors and industry stakeholders will be watching closely as the company releases its formal financial report and certification updates in the coming weeks.
