Innovative Designs Inc.  (IVDN)
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Innovative Designs Inc.

IVDN's Financial Statements and Analysis

Innovative Designs Inc. reported in III. Quarter net earnings per share of $0.01 an increase by 0 % year on year from $0.00 and an improvement compare to net loss per share of $-0.01 realized in previous quarter.

III. Quarter
Earnings Per Share Revenues
$ 0.01 $  0 Mill
$+0.01     Unch.     +22.24 %

Innovative Designs's Revenue rose by 22.24 % in III. Quarter (Jul 31 2022) year on year, to $0 million and advanced by 258.06 % sequentially.

Innovative Designs is Expected to report next financial results on February 14, 2023.

More on IVDN's Income Statement

Innovative Designs's net income of $0.212 million in III. Quarter increased by 1514.51 % from net earnings of $0.013 million achieved in III. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-0.276 million recorded in previous quarter.

More on IVDN's Growth

Inventories declined by -3.54 % to $0.53 million from III. Quarter a year ago, sequentially inventories fell by -5.49 %. In III. Quarter company's net cash and cash equivalents decreased by $0 million

Innovative Designs Inc. does not pay out common stock dividend.

In trailing twelve-month period Innovative Designs Inc. payed $ -0.01 cash per share, on a free-cash flow basis .