INNOVATIVE DESIGNS INC Income Statement
IVDN|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
INNOVATIVE DESIGNS INC reported $3M in revenue and $494,703 in net income for FY2025. Revenue has grown at a 7.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 4.22 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $1.4M | $347.8K | $258.7K | $225.6K | $202.3K | $216.0K | $249.7K | $169.2K | $602.1K | $772.9K | $373.8K | $484.3K | $812.8K | $1.0M |
| Cost of Revenue | - | - | - | $146.9K | $96.7K | $131.3K | $126.6K | $188.8K | $216.3K | $303.5K | $371.7K | $433.9K | $206.9K | $320.0K | $489.3K |
| SG&A Expense | $859.1K | $495.8K | $464.1K | $666.2K | $411.7K | $341.1K | $577.1K | $648.4K | $755.8K | $865.3K | $816.2K | $646.9K | $507.9K | $635.3K | $495.9K |
| Operating Income | $500.6K | $133.2K | -$248.1K | -$554.4K | -$282.8K | -$270.2K | -$487.7K | -$587.5K | -$110.8K | -$566.8K | -$415.1K | -$309.6K | -$97.2K | -$169.5K | $53.9K |
| Interest Expense | -$1.3K | $36.3K | $24.8K | $42.1K | $49.1K | $11.4K | $18.3K | $22.7K | $24.1K | $63.1K | $93.6K | $124.5K | $102.3K | $122.8K | $55.8K |
| Net Income | $494.7K | $96.9K | -$301.4K | -$225.5K | -$322.7K | -$280.7K | -$520.6K | -$582.9K | -$119.2K | -$632.4K | -$511.6K | -$434.1K | -$117.2K | -$183.9K | $15.1K |
| EPS (Basic) | - | -$0.01 | -$0.01 | -$0.01 | -$0.01 | -$0.02 | -$0.02 | -$0.01 | -$0.03 | -$0.02 | -$0.02 | -$0.01 | -$0.02 | $0.01 | - |
| EPS (Diluted) | $0.00 | -$0.01 | -$0.01 | -$0.01 | -$0.01 | - | - | - | - | - | - | -$0.01 | -$0.02 | $0.00 | $0.00 |
| Shares Outstanding | 37.9M | 36.6M | 34.7M | 33.3M | 30.2M | 30.1M | 27.8M | 26.4M | 25.4M | 24.4M | 21.6M | 19.3M | 18.9M | 18.8M | 18.7M |
| Operating Margin | 18.1% | 9.6% | -71.3% | -214.3% | -125.4% | -133.6% | -225.8% | -235.3% | -65.5% | -94.1% | -53.7% | -82.8% | -20.1% | -20.8% | 5.2% |
| Profit Margin | 17.9% | 7.0% | -86.7% | -87.2% | -143.1% | -138.8% | -241.0% | -233.4% | -70.5% | -105.0% | -66.2% | -116.1% | -24.2% | -22.6% | 1.5% |