Innovative Designs Inc financial data

Symbol
IVDN on OTC
Industry
Miscellaneous Fabricated Textile Products
Location
124 Cherry St., Ste 1, Pittsburgh, PA
State of incorporation
DE
Fiscal year end
October 31
Latest financial report
10-Q - Q4 2024 - Mar 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 464 % +102%
Quick Ratio 236 % +35.4%
Debt-to-equity 20 %
Return On Equity 11.1 %
Return On Assets 9.25 %
Operating Margin 12.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 38.3M shares +1%
Common Stock, Shares, Outstanding 38.3M shares +1.38%
Entity Public Float 11.1M USD +65.6%
Common Stock, Value, Issued 3.83K USD +1.3%
Weighted Average Number of Shares Outstanding, Basic 38.3M shares +3.27%
Weighted Average Number of Shares Outstanding, Diluted 37.9M shares -0.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.86M USD +444%
Cost of Revenue 152K USD +1035%
Operating Income (Loss) 229K USD
Nonoperating Income (Expense) -32.1K USD -22.4%
Net Income (Loss) Attributable to Parent 154K USD
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 126K USD
Accounts Receivable, after Allowance for Credit Loss, Current 539K USD +5087%
Inventory, Net 511K USD -15%
Other Assets, Current 505 USD
Assets, Current 1.18M USD +42.5%
Property, Plant and Equipment, Net 26.7K USD +19.8%
Assets 1.86M USD +22.9%
Accounts Payable, Current 109K USD +28.9%
Accrued Liabilities, Current 51.2K USD
Liabilities, Current 204K USD +0.96%
Liabilities 301K USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -41.2K USD
Retained Earnings (Accumulated Deficit) -10.5M USD +1.84%
Stockholders' Equity Attributable to Parent 1.56M USD +22.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.56M USD +47.3%
Liabilities and Equity 1.86M USD +22.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -162K USD -32%
Net Cash Provided by (Used in) Financing Activities 86.5K USD -6.31%
Common Stock, Shares Authorized 100M shares -0.79%
Common Stock, Shares, Issued 38.3M shares +1.38%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 126K USD -39.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 15.8K USD +3.58%
Deferred Tax Assets, Valuation Allowance 2.19M USD -4.73%
Deferred Tax Assets, Gross 2.19M USD -4.6%
Depreciation 5.14K USD +48%
Property, Plant and Equipment, Gross 46.6K USD +25.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 7.54M USD -4.73%
Preferred Stock, Shares Authorized 25M shares 0%
Depreciation, Depletion and Amortization 1.32K USD +13.6%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 3.26K USD -57.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%