IVDNOTCMiscellaneous Fabricated Textile ProductsFiscal year ends October 31
INNOVATIVE DESIGNS INC
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 16, 2026
$0.22+0.00 (+0.04%)
Close on Oct 19, 2026
- Market cap
- $8.56M
- P/E (TTM)
- 6.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
18.1%+151.7 pts over 5 years
Net margin
17.9%+156.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +100.0% | +120.3% | +68.7% | +13.6% | |
| Operating income | +275.8% | – | – | – | |
| Net income | +410.4% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -35.4% | -33.2% | 28.2% | |
| Return on assets | -25.1% | -19.0% | 25.3% | |
| Current ratio | 3.88 | 1.48 | 11.72 | |
| Debt to equity | 0.11 | 0.27 | – | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | -9.0× | -23.7× | -381.3× | |
| Inventory turnover | 0.3× | 0.2× | – | |
| Capex to revenue | 20.4% | 0.0% | 0.4% | |
| Diluted shares | 25M | 31M | 38M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Innovative Designs generated $1.02M from operations and spent $40.82K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$1.02M
Used
$40.82K
Capital expenditure$40.82K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin17.9%
×Asset turnover1.42×
×Equity multiplier1.11×
=Return on equity, FY202528.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 17.9% | 1.42× | 1.11× | 28.2% |
| FY2024 | 7.0% | 0.87× | 1.25× | 7.6% |
| FY2023 | -86.7% | 0.23× | 1.41× | -28.5% |
| FY2022 | -87.2% | 0.16× | 1.63× | -23.3% |
| FY2021 | -143.1% | 0.15× | 1.79× | -37.5% |
| FY2020 | -138.8% | 0.14× | 1.75× | -33.2% |
| FY2019 | -241.0% | 0.13× | 1.55× | -50.0% |
| FY2018 | -233.4% | 0.14× | 1.37× | -45.5% |
| FY2017 | -172.0% | 0.18× | 1.33× | -40.5% |
| FY2016 | -105.0% | 0.24× | 1.41× | -35.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$494.70K
- Cash generatingOperating cash flow above zero$459.85K
- Return on assets improvedROA up on the prior year6.4% → 29.2%
- Earnings backed by cashOperating cash flow above net income$459.85K vs $494.70K
- Less leverageLong-term debt to assets fell1.4% → –
- Better liquidityCurrent ratio rose4.65 → 11.72
- No dilutionShare count did not rise37M → 38M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.92 → 1.63