Innovative Designs Reports Record Q3 Sales for Insultex House Wrap, Extending Profitability Streak to Eight Quarters

Innovative Designs, Inc. (OTCQB: IVDN), a manufacturer of advanced insulation products, has reported record fiscal third-quarter sales for its Insultex House Wrap, continuing a trend of financial growth that now extends to eight consecutive profitable quarters. According to the company’s latest financial report, sales revenues for the three-month period ending July 31, 2026, reached $758,247, significantly exceeding the same period in 2025. Moreover, as of the date of the announcement, the company has already surpassed all total revenue for the entire 2025 fiscal year, signaling strong momentum heading into the final quarter.

The financial health of Innovative Designs appears robust. The company ended the third quarter with a cash position of $873,000 and no long-term or convertible debt. The outstanding share count remains low at 38.5 million, unchanged from the previous year, reflecting management’s focus on long-term shareholder value. These metrics suggest that the company is achieving growth without diluting equity or taking on burdensome debt, a notable achievement in a competitive manufacturing sector.

A key development for the company is the recent receipt of documentation from Perry Johnson Laboratory Accreditation Inc. certifying that BRC Laboratories, an independent testing facility in Rhode Island, is accredited in accordance with the International Standard (ISO/IEC:2017). This certification validates the testing procedures for Insultex material. The independent lab testing program, contracted with BRC Laboratories, has already produced positive results. The purpose of this program is to qualify Insultex for a much wider range of building applications and projects of larger scale, opening doors to retailers and customers across all levels of the national homebuilding industry. Innovative Designs is reportedly on track to achieve this high-potential goal.

Insultex House Wrap already fulfills a critical role in the homebuilding market by meeting or exceeding new government building codes that specify continuous insulation and exterior R-Value requirements. For new construction, the patented evacuated cell Insultex House Wrap adds an R-6 moisture barrier membrane that does not require additional insulation boards or other support, unlike competitor products. This makes it a top choice for builders seeking efficient, code-compliant solutions. For full product specifications, visit http://www.insultexhousewrap.com.

Joseph A. Riccelli Jr., CEO of Innovative Designs, attributed the success to the company’s sales team, including top-performing sales agent Built Link Solutions. “The IVDN team, including our top performing sales agent, Built Link Solutions, is delivering record sales growth and profitability gains with the continued acceptance of Insultex House Wrap by new and repeat customers across the US in 2026,” Riccelli said. He added that the independent certification from Perry Johnson Laboratory Accreditation Inc. has moved the company a major step forward toward serving the much larger needs of the multi-billion dollar homebuilding industry.

This news matters because it highlights a Texas-relevant business success story—though headquartered in Pennsylvania, Innovative Designs’ products are used nationwide, including in Texas’s booming construction market. The company’s growth and certification could lead to more energy-efficient homes, lower utility costs, and expanded business opportunities for suppliers and builders in Texas. As the homebuilding industry continues to prioritize sustainability and compliance with evolving codes, Insultex’s advancements position it as a key player in the market.