Innovative Designs Inc Financials
This page shows Innovative Designs Inc (IVDN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Innovative Designs Inc has an operating margin of 18.1%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 90/100, reflecting efficient cost management and pricing power. This is up from 9.6% the prior year.
Innovative Designs Inc's revenue surged 100.0% year-over-year to $2.8M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Innovative Designs Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 11.56, Innovative Designs Inc holds $11.56 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Innovative Designs Inc converts 16.2% of revenue into free cash flow ($449K). This strong cash generation earns a score of 81/100.
Innovative Designs Inc earns a strong 24.0% return on equity (ROE), meaning it generates $24 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 96/100. This is up from 6.2% the prior year.
Innovative Designs Inc scores 31.06, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($8.8M) relative to total liabilities ($152K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Innovative Designs Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Innovative Designs Inc generates $0.93 in operating cash flow ($460K OCF vs $495K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Innovative Designs Inc earns $381.3 in operating income for every $1 of interest expense ($501K vs $1K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Innovative Designs Inc generated $2.8M in revenue in fiscal year 2025. This represents an increase of 100.0% from the prior year.
Innovative Designs Inc's EBITDA was $509K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 268.2% from the prior year.
Innovative Designs Inc generated $449K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 312.7% from the prior year.
Innovative Designs Inc reported $495K in net income in fiscal year 2025. This represents an increase of 410.4% from the prior year.
Innovative Designs Inc earned $0.01 per diluted share (EPS) in fiscal year 2025.
Innovative Designs Inc held $605K in cash against $0 in long-term debt as of fiscal year 2025.
Innovative Designs Inc had 38M shares outstanding in fiscal year 2025. This represents an increase of 1.0% from the prior year.
Innovative Designs Inc's operating margin was 18.1% in fiscal year 2025, reflecting core business profitability. This is up 8.5 percentage points from the prior year.
Innovative Designs Inc's net profit margin was 17.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 10.9 percentage points from the prior year.
Innovative Designs Inc's ROE was 24.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 17.8 percentage points from the prior year.
Innovative Designs Inc invested $11K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 11.6% from the prior year.
IVDN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $613K-23.1% | $796K+46.4% | $544K+95.5% | $278K-7.3% | $300K+355.8% | $66K-47.1% | $125K+357.4% | $27K |
| Cost of Revenue | N/A | N/A | N/A | N/A | $152K | N/A | $76K+472.9% | $13K |
| Gross Profit | N/A | N/A | N/A | N/A | $149K | N/A | $48K+246.5% | $14K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $193K-3.5% | $200K-26.6% | $272K+91.3% | $142K+17.5% | $121K+41.3% | $86K-31.4% | $125K+2.5% | $122K |
| Operating Income | $64K-68.3% | $201K+392.0% | $41K+175.6% | -$54K-294.4% | $28K+150.8% | -$55K+28.9% | -$77K+28.4% | -$107K |
| Interest Expense | -$564+90.4% | -$6K-279.3% | $3K-15.0% | $4K-11.5% | $4K-43.0% | $8K+18.5% | $6K+38.6% | $5K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $62K-69.4% | $204K+464.0% | $36K+161.3% | -$59K-365.8% | $22K+135.1% | -$63K+24.5% | -$84K+25.4% | -$113K |
| EPS (Diluted) | $0.010.0% | $0.01 | N/A | $0.000.0% | $0.00+150.0% | $-0.000.0% | $-0.00+33.3% | $-0.00 |
IVDN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2M+9.6% | $2.0M+8.4% | $1.9M+10.0% | $1.7M+7.2% | $1.6M+4.3% | $1.5M+0.7% | $1.5M+8.8% | $1.4M |
| Current Assets | $1.5M+18.3% | $1.3M+7.6% | $1.2M+16.9% | $1.0M+11.2% | $905K+9.6% | $826K+0.9% | $819K+17.5% | $697K |
| Cash & Equivalents | $605K+428.3% | $115K-9.2% | $126K-32.1% | $186K-23.2% | $242K+16.1% | $208K-12.8% | $239K+267.2% | $65K |
| Inventory | $538K+24.6% | $432K-15.5% | $511K+2.4% | $499K-4.7% | $523K-12.9% | $601K+9.4% | $549K-12.8% | $630K |
| Accounts Receivable | $345K-52.2% | $721K+33.6% | $539K+67.5% | $322K+161.3% | $123K+1084.7% | $10K-66.5% | $31K+1526.5% | $2K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $152K-28.3% | $213K-29.3% | $301K+20.4% | $250K-8.8% | $274K+13.4% | $242K-38.8% | $395K-9.1% | $435K |
| Current Liabilities | $130K+11.4% | $116K-43.1% | $204K-5.6% | $216K-6.6% | $232K+14.5% | $202K-42.2% | $351K-7.7% | $380K |
| Long-Term Debt | $0 | N/A | N/A | $44K | N/A | N/A | $65K+18.3% | $55K |
| Total Equity | $2.1M+14.1% | $1.8M+15.6% | $1.6M+8.2% | $1.4M+10.6% | $1.3M+2.5% | $1.3M+14.8% | $1.1M+17.0% | $947K |
| Retained Earnings | -$10.0M+2.5% | -$10.3M+1.9% | -$10.5M+0.3% | -$10.5M+0.9% | -$10.6M+0.6% | -$10.7M-0.6% | -$10.6M-1.2% | -$10.5M |
IVDN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $139K+325.2% | $33K+120.2% | -$162K-1.2% | -$160K-64.5% | -$97K+20.8% | -$123K-11.5% | -$110K+9.2% | -$121K |
| Capital Expenditures | $0 | N/A | N/A | $0 | N/A | $1.5M | $0+100.0% | -$1 |
| Free Cash Flow | $139K | N/A | N/A | -$160K | N/A | -$1.6M-1386.1% | -$110K+9.2% | -$121K |
| Investing Cash Flow | -$25K | N/A | N/A | $3K | N/A | N/A | $72K+118.8% | $33K |
| Financing Cash Flow | -$25K+24.7% | -$34K-138.9% | $87K+47.1% | $59K-55.1% | $131K+41.8% | $92K-5.8% | $98K+714.7% | -$16K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
IVDN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | 49.5% | N/A | 38.6%-12.4pp | 51.0% |
| Operating Margin | 10.4%-14.8pp | 25.2%+17.7pp | 7.5%+26.9pp | -19.4%-28.6pp | 9.2%+92.1pp | -82.9%-21.3pp | -61.6%+331.8pp | -393.4% |
| Net Margin | 10.2%-15.5pp | 25.6%+19.0pp | 6.7%+27.9pp | -21.2%-28.6pp | 7.4%+103.6pp | -96.2%-28.9pp | -67.4%+345.8pp | -413.2% |
| Return on Equity | 3.3%-8.0pp | 11.3%+9.0pp | 2.3% | N/A | 1.7% | N/A | N/A | N/A |
| Return on Assets | 3.0%-7.1pp | 10.1%+8.2pp | 1.9%+5.8pp | -3.9%-5.3pp | 1.4%+5.6pp | -4.2%+1.3pp | -5.5%+2.6pp | -8.2% |
| Current Ratio | 11.56+0.7 | 10.89+5.1 | 5.76+1.1 | 4.65+0.7 | 3.90-0.2 | 4.08+1.7 | 2.34+0.5 | 1.83 |
| Debt-to-Equity | 0.00-0.1 | 0.12-0.1 | 0.19+0.2 | 0.03-0.2 | 0.21+0.0 | 0.19+0.1 | 0.060.0 | 0.06 |
| FCF Margin | 73.5% | N/A | N/A | N/A | N/A | -2485.0%-2587.1pp | 102.0%+547.4pp | -445.3% |
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Frequently Asked Questions
What is Innovative Designs Inc's annual revenue?
Innovative Designs Inc (IVDN) reported $2.8M in total revenue for fiscal year 2025. This represents a 100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Innovative Designs Inc's revenue growing?
Innovative Designs Inc (IVDN) revenue grew by 100% year-over-year, from $1.4M to $2.8M in fiscal year 2025.
Is Innovative Designs Inc profitable?
Yes, Innovative Designs Inc (IVDN) reported a net income of $495K in fiscal year 2025, with a net profit margin of 17.9%.
What is Innovative Designs Inc's earnings per share (EPS)?
Innovative Designs Inc (IVDN) reported diluted earnings per share of $0.01 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Innovative Designs Inc's EBITDA?
Innovative Designs Inc (IVDN) had EBITDA of $509K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Innovative Designs Inc have?
As of fiscal year 2025, Innovative Designs Inc (IVDN) had $605K in cash and equivalents against $0 in long-term debt.
What is Innovative Designs Inc's operating margin?
Innovative Designs Inc (IVDN) had an operating margin of 18.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Innovative Designs Inc's net profit margin?
Innovative Designs Inc (IVDN) had a net profit margin of 17.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Innovative Designs Inc's return on equity (ROE)?
Innovative Designs Inc (IVDN) has a return on equity of 24.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Innovative Designs Inc's free cash flow?
Innovative Designs Inc (IVDN) generated $449K in free cash flow during fiscal year 2025. This represents a 312.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Innovative Designs Inc's operating cash flow?
Innovative Designs Inc (IVDN) generated $460K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Innovative Designs Inc's total assets?
Innovative Designs Inc (IVDN) had $2.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Innovative Designs Inc's capital expenditures?
Innovative Designs Inc (IVDN) invested $11K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does Innovative Designs Inc have outstanding?
Innovative Designs Inc (IVDN) had 38M shares outstanding as of fiscal year 2025.
What is Innovative Designs Inc's current ratio?
Innovative Designs Inc (IVDN) had a current ratio of 11.56 as of fiscal year 2025, which is generally considered healthy.
What is Innovative Designs Inc's debt-to-equity ratio?
Innovative Designs Inc (IVDN) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Innovative Designs Inc's return on assets (ROA)?
Innovative Designs Inc (IVDN) had a return on assets of 22.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Innovative Designs Inc's Altman Z-Score?
Innovative Designs Inc (IVDN) has an Altman Z-Score of 31.06, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Innovative Designs Inc's Piotroski F-Score?
Innovative Designs Inc (IVDN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Innovative Designs Inc's earnings high quality?
Innovative Designs Inc (IVDN) has an earnings quality ratio of 0.93x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Innovative Designs Inc cover its interest payments?
Innovative Designs Inc (IVDN) has an interest coverage ratio of 381.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Innovative Designs Inc?
Innovative Designs Inc (IVDN) scores 95 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.