For the year ending 2025-10-31, IVDN made $2,765,149 in revenue. $494,703 in net income. Net profit margin of 17.89%.
| Income Statement | 2025-10-31 | 2024-10-31 | ||
|---|---|---|---|---|
| Revenues, net | 2,765,149 | 1,382,733 | ||
| Cost of sales | 1,405,459 | 753,723 | ||
| Selling, general and administrative expenses | 859,084 | 495,815 | ||
| Total operating expenses | 2,264,543 | 1,249,538 | ||
| Income (loss) from operations | 500,606 | 133,195 | ||
| Interest income | 980 | - | ||
| Depreciation expense | 8,196 | - | ||
| Interest expense | -1,313 | 36,272 | ||
| Total other income (expense) | -5,903 | -36,272 | ||
| Net income (loss) | 494,703 | 96,923 | ||
| Basic eps | - | 0 | ||
| Diluted average shares | - | 37,276,150 | ||
| Net income (loss) per common share | 0.01 | 0 | ||
| Weighted average number of common shares | 38,316,256 | 37,276,150 | ||
INNOVATIVE DESIGNS INC (IVDN)
INNOVATIVE DESIGNS INC (IVDN)