Innovative Designs, Inc. reported a 100% year-over-year increase in sales for fiscal year 2025, reaching $2,765,149 compared to $1,382,733 in fiscal 2024. The company attributes this growth primarily to rising demand for its patented evacuated cell Insultex House Wrap®, which provides R-6 thermal insulation and meets new government building codes requiring continuous insulation and exterior R-Value standards.
The company has maintained profitability for five consecutive quarters and eliminated all long-term and convertible debt while building cash reserves exceeding $600,000. This financial strengthening supports operational expansion and corporate growth plans. Fiscal first quarter 2026 sales have continued at record levels, indicating sustained growth momentum.
In December 2025, the company signed an agreement with BRC Laboratories, an independent testing company, to complete renewed high-level product certifications for Insultex House Wrap®. The testing process has already begun with specialized equipment delivered to BRC Laboratories' new facility. These certifications are expected to significantly expand the product's customer base and qualify it for larger-scale projects.
Insultex House Wrap® serves a critical role in the homebuilding market by providing both insulation and moisture barrier functions without requiring additional insulation boards. The company's CEO, Joseph A. Riccelli Jr., stated that the product is increasingly recognized as the best option in the market, but renewed certifications will help reach its full potential. For product specifications and details, visit http://www.insultexhousewrap.com.
The company is also working to increase production capacity to meet growing demand and exploring additional markets including clothing applications and international sales. With approximately 38 million outstanding shares, management emphasizes commitment to protecting long-term shareholder value. The company's SEC filings are available at http://www.sec.gov.
