STOCK TITAN

Innovative Designs Inc (IVDN) Financials

IVDN
Trailing 12 months to April 30, 2026
Revenue $2.9M +21.6% YoY
Net Income $522K +37.9% YoY
EPS (Diluted) $0.03 +580.0% YoY
Free Cash Flow $392K YoY not available
Market Cap $10.5M as of Sep 8, 2026
Price / Sales 3.7x on $2.9M revenue, trailing 12 months to April 30, 2026
Price / Earnings 20.1x on $522K net income, trailing 12 months to April 30, 2026
Price / Book 4.5x on $2.3M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Apr 30, 2026 Reported Currency USD FYE October

Newest figures come from the 10-Q for Q2 FY2026, filed Jun 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IVDN SEC filings page.

Innovative Designs Inc (IVDN) reported $2.9M in revenue over the twelve months to Apr 30, 2026, up 21.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI IVDN FY2025

Innovative Designs’ shift from losses to cash generation changed both earnings quality and balance-sheet financing.

FY2024 paired reported profitability—net income of $97K—with operating cash flow of -$202K, indicating earnings had not yet converted into cash. In FY2025, net income of $495K was accompanied by operating cash flow of $460K, making the later earnings materially more cash-backed rather than merely an accounting turnaround.

Long-term debt fell from $44K in FY2024 to $0 in FY2025, removing a previously reported funding claim from the capital structure. Current liquidity also strengthened: the current ratio rose from 4.6x to 11.7x, so short-term assets became much larger relative to near-term obligations.

Revenue roughly doubled between FY2024 and FY2025, creating room for the cost base to be spread across more sales. Operating margin widened from 9.6% to 18.1%, a pattern consistent with fixed-cost absorption rather than growth alone.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Innovative Designs Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Safe
37.73

Innovative Designs Inc scores 37.73, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($10.5M) relative to total liabilities ($152K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
6/8

Innovative Designs Inc passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
0.93x

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.

Interest Coverage Safe
381.27x

Innovative Designs Inc earns $381.27 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

Export CSV

Earnings & Revenue

Revenue
$809K
YoY+1.5%
QoQ+27.9%
5Y CAGR+99.0%
10Y CAGR+22.0%

Innovative Designs Inc generated $809K in revenue in Q2 2026. This represents an increase of 1.5% from the same quarter a year earlier. Against the prior quarter it is up 27.9%.

EBITDA
$111K
YoY-45.5%
QoQ-36.2%

Innovative Designs Inc's EBITDA was $111K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 45.5% from the same quarter a year earlier. Against the prior quarter it is down 36.2%.

Net Income
$106K
YoY-48.1%
QoQ-34.4%

Innovative Designs Inc reported $106K in net income in Q2 2026. This represents a decrease of 48.1% from the same quarter a year earlier. Against the prior quarter it is down 34.4%.

EPS (Diluted)
$0.01

Innovative Designs Inc earned $0.01 per diluted share (EPS) in Q2 2026.

Cash & Balance Sheet

Free Cash Flow
-$353K
QoQ-327.1%

Innovative Designs Inc recorded an outflow of $353K in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is down 327.1%.

Cash & Debt
$358K
YoY+212.8%
QoQ-50.3%
5Y CAGR+10.2%
10Y CAGR-9.5%

Innovative Designs Inc held $358K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
39M

Innovative Designs Inc had 39M shares outstanding in Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin
13.4%
YoY-11.8pp
QoQ-13.2pp

Innovative Designs Inc's operating margin was 13.4% in Q2 2026, reflecting core business profitability. This is down 11.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 13.2 percentage points.

Net Margin
13.1%
YoY-12.5pp
QoQ-12.4pp

Innovative Designs Inc's net profit margin was 13.1% in Q2 2026, showing the share of revenue converted to profit. This is down 12.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 12.4 percentage points.

Return on Equity
4.6%
YoY-6.8pp
QoQ-2.7pp

Innovative Designs Inc's ROE was 4.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 6.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.7 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures
$0
QoQ-100.0%

Innovative Designs Inc reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

IVDN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVDN quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
Revenue$809K+1.5%$632K+16.2%$812K+10.0%$613K+120.2%$796K+165.2%$544K+725.5%$738K+494.3%$278K+123.2%
SG&A Expenses$285K+42.7%$217K-20.4%$194K+32.3%$193K+35.6%$200K+65.1%$272K+217.6%$147K+42.1%$142K+13.8%
Operating Income$109K-45.8%$168K+312.1%$195K-8.7%$64K+218.1%$201K+623.6%$41K+174.7%$214K+4485.4%-$54K+29.8%
EBITDA$111K-45.5%$174K+312.3%$198K-8.2%$66K+225.3%$203K+603.1%$42K+178.8%$215K+5336.6%-$53K+30.8%
Interest Expense$2K+136.8%$2K-32.9%$2K-91.0%-$564-114.7%-$6K-234.8%$3K-57.1%$20K+186.4%$4K-40.2%
Net Income$106K-48.1%$162K+346.5%$192K-2.7%$62K+205.7%$204K+818.6%$36K+157.1%$197K+428.1%-$59K+29.6%
EPS (Basic)$0.01+900.0%$0.00N/A$0.01+900.0%$0.000.0%$0.00+100.0%$0.00+200.0%$0.00+150.0%
EPS (Diluted)$0.01$0.00$0.01$0.01+900.0%$0.00$0.00+100.0%$0.00$0.00+150.0%
Diluted Shares (Avg)N/A38M-1.5%N/AN/A38M39M+1.2%N/A38M+3.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

IVDN Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVDN quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
Total Assets$2.5M+25.7%$2.5M+32.7%$2.2M+30.7%$2.1M+37.6%$2.0M+27.8%$1.9M+22.9%$1.7M+12.6%$1.5M+0.3%
Current Assets$1.7M+31.2%$1.7M+42.1%$1.5M+50.9%$1.3M+55.1%$1.3M+40.0%$1.2M+42.5%$1.0M+22.9%$847K+10.3%
Cash & Equivalents$358K+212.8%$721K+472.0%$605K+225.9%$532K+87.3%$115K-52.6%$126K-39.4%$186K-22.2%$284K+59.0%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$579K+34.3%$599K+17.3%$538K+7.8%$495K+5.1%$432K-17.6%$511K-15.0%$499K-9.2%$471K-20.0%
Accounts Receivable$661K-8.2%$256K-52.6%$345K+7.1%$271K+373.6%$721K+485.0%$539K+5087.0%$322K+936.7%$57K+69743.9%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$209K-1.9%$249K-17.2%$152K-39.0%$237K-91.5%$213K-22.4%$301K+24.4%$250K-36.7%$2.8M+484.4%
Current Liabilities$196K+68.4%$226K+10.7%$130K-40.2%$214K-13.1%$116K-49.8%$204K+1.0%$216K-38.3%$246K-42.1%
Non-Current Liabilities$13K-86.6%$23K-76.2%$23K-72.6%$23K-38.5%$96K+127.6%$96K+144.8%$83K+48.0%$37K-24.8%
Long-Term DebtN/AN/A$0-100.0%N/AN/AN/A$44K-31.5%N/A
Total Equity$2.3M+28.9%$2.2M+42.3%$2.1M+42.7%$1.9M+249.9%$1.8M+38.4%$1.6M+22.7%$1.4M+30.1%-$1.2M-218.6%
Retained Earnings-$9.8M+5.1%-$9.9M+5.9%-$10.0M+4.7%-$10.2M+4.7%-$10.3M+3.2%-$10.5M+1.8%-$10.5M+0.9%-$10.7M-1.4%

Not reported in any period shown, so not listed: Goodwill.

IVDN Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVDN quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
Operating Cash Flow-$353K-1179.9%$227K+240.0%$139K+186.8%$450K+152.0%$33K+133.6%-$162K-32.0%-$160K-45.4%$179K+40.5%
Depreciation & Amortization$2K-14.7%$6K+317.3%$2K+65.6%$2K+65.6%$2K+113.5%$1K+13.6%$1K+72.4%$1K+72.2%
Capital Expenditures$0$72K$0$0N/AN/A$0N/A
Free Cash Flow-$353K$155K$139K+186.8%$450KN/AN/A-$160K-45.4%N/A
Investing Cash Flow$0-$111K-$25K-1025.9%$0+100.0%N/AN/A$3K-96.3%-$10K+93.4%
Financing Cash FlowN/AN/A-$25K-143.0%-$32K+74.4%-$34K-125.7%$87K-6.3%$59K-40.0%-$127K-195.8%

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

IVDN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IVDN quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
Operating Margin13.4%-11.8pp26.6%+19.1pp24.1%-4.9pp10.4%+29.8pp25.2%+16.0pp7.5%+90.4pp29.0%+32.9pp-19.4%+42.2pp
Net Margin13.1%-12.5pp25.6%+18.9pp23.6%-3.1pp10.2%+31.4pp25.6%+18.2pp6.7%+102.9pp26.7%+75.1pp-21.2%+46.1pp
Return on Equity4.6%-6.8pp7.3%+5.0pp9.3%-4.3pp3.3%11.3%+9.6pp2.3%+7.3pp13.7%+19.1ppN/A
Return on Assets4.2%-5.9pp6.5%+4.6pp8.7%-3.0pp3.0%+6.8pp10.1%+8.7pp1.9%+6.1pp11.7%+15.7pp-3.9%+1.7pp
Current Ratio8.48-2.4x7.39+1.6x11.72+7.1x6.14+2.7x10.89+7.0x5.76+1.7x4.65+2.3x3.44+1.6x
Debt-to-Equity0.090.0x0.11-0.1x0.000.0x0.130.12-0.1x0.190.0x0.030.0xN/A
Asset Turnover0.32-0.1x0.260.0x0.37-0.1x0.29+0.1x0.39+0.2x0.29+0.2x0.44+0.4x0.18+0.1x
FCF Margin-43.7%24.6%17.1%+38.8pp73.5%N/AN/A-21.7%+67.0ppN/A

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Innovative Designs Inc IVDN FY2025 $2.8M $495K 17.9% $10.5M
LSEB Creative Corp LSEB FY2026 $18K -$60K N/A $7.4M
Fbc Holding FBCD FY2012 N/A N/A N/A $1.8M

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 100.0% 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%.

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.

Innovative Designs Inc (IVDN) had EBITDA of $509K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Innovative Designs Inc (IVDN) had $605K in cash and equivalents against $0 in long-term debt.

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.

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.

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.

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.

Innovative Designs Inc (IVDN) generated $460K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Innovative Designs Inc (IVDN) had $2.2M in total assets as of fiscal year 2025, including both current and long-term assets.

Innovative Designs Inc (IVDN) invested $11K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Innovative Designs Inc (IVDN) had 38M shares outstanding as of fiscal year 2025.

Innovative Designs Inc (IVDN) had a current ratio of 11.72 as of fiscal year 2025, which is generally considered healthy.

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.

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.

Innovative Designs Inc (IVDN) trades at 20.1x earnings, its market capitalization divided by net income of $522K net income, trailing 12 months to April 30, 2026. The market capitalization is $10.5M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Innovative Designs Inc (IVDN) trades at 3.7x sales, its market capitalization divided by revenue of $2.9M revenue, trailing 12 months to April 30, 2026. The market capitalization is $10.5M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Innovative Designs Inc (IVDN) has an Altman Z-Score of 37.73, 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.

Innovative Designs Inc (IVDN) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

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.

Innovative Designs Inc (IVDN) has an interest coverage ratio of 381.27x, 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.

Back to top