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.
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).
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
Revenue roughly doubled between FY2024 and FY2025, creating room for the cost base to be spread across more sales. Operating margin widened from
Financial Health Signals
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.
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.
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.
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 $381.27 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
Earnings & Revenue
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%.
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%.
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%.
Cash & Balance Sheet
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%.
Innovative Designs Inc held $358K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
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.
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.
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.
Not reported for Q2 2026.
Capital Allocation
Innovative Designs Inc reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-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% | $0.00 | N/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/A | 38M-1.5% | N/A | N/A | 38M | 39M+1.2% | N/A | 38M+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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-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 Debt | N/A | N/A | $0-100.0% | N/A | N/A | N/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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-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 | $0 | N/A | N/A | $0 | N/A |
| Free Cash Flow | -$353K | $155K | $139K+186.8% | $450K | N/A | N/A | -$160K-45.4% | N/A |
| Investing Cash Flow | $0 | -$111K | -$25K-1025.9% | $0+100.0% | N/A | N/A | $3K-96.3% | -$10K+93.4% |
| Financing Cash Flow | N/A | N/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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 13.4%-11.8pp | 26.6%+19.1pp | 24.1%-4.9pp | 10.4%+29.8pp | 25.2%+16.0pp | 7.5%+90.4pp | 29.0%+32.9pp | -19.4%+42.2pp |
| Net Margin | 13.1%-12.5pp | 25.6%+18.9pp | 23.6%-3.1pp | 10.2%+31.4pp | 25.6%+18.2pp | 6.7%+102.9pp | 26.7%+75.1pp | -21.2%+46.1pp |
| Return on Equity | 4.6%-6.8pp | 7.3%+5.0pp | 9.3%-4.3pp | 3.3% | 11.3%+9.6pp | 2.3%+7.3pp | 13.7%+19.1pp | N/A |
| Return on Assets | 4.2%-5.9pp | 6.5%+4.6pp | 8.7%-3.0pp | 3.0%+6.8pp | 10.1%+8.7pp | 1.9%+6.1pp | 11.7%+15.7pp | -3.9%+1.7pp |
| Current Ratio | 8.48-2.4x | 7.39+1.6x | 11.72+7.1x | 6.14+2.7x | 10.89+7.0x | 5.76+1.7x | 4.65+2.3x | 3.44+1.6x |
| Debt-to-Equity | 0.090.0x | 0.11-0.1x | 0.000.0x | 0.13 | 0.12-0.1x | 0.190.0x | 0.030.0x | N/A |
| Asset Turnover | 0.32-0.1x | 0.260.0x | 0.37-0.1x | 0.29+0.1x | 0.39+0.2x | 0.29+0.2x | 0.44+0.4x | 0.18+0.1x |
| FCF Margin | -43.7% | 24.6% | 17.1%+38.8pp | 73.5% | N/A | N/A | -21.7%+67.0pp | N/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 | — |
Where Innovative Designs Inc Ranks
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%.
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.
What is Innovative Designs Inc's current ratio?
Innovative Designs Inc (IVDN) had a current ratio of 11.72 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 P/E ratio?
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.
What is Innovative Designs Inc's price-to-sales ratio?
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.
What is Innovative Designs Inc's Altman Z-Score?
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.
What is Innovative Designs Inc's Piotroski F-Score?
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.
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 381.27x, 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.