Housewrap was Innovative Designs’s largest segment in fiscal 2022, bringing in $193.30K of $258.73K (75%).
| Segment | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Housewrap | $80.47K | $131.29K | $169.38K | $193.30K | |||||
| Apparel | $135.51K | $70.97K | $56.23K | $65.43K | |||||
| Total | $215.98K | $202.25K | $225.60K | $258.73K |
Innovative Designs brought in $258.73K from its two segments in fiscal 2022, the year ended October 31, 2022. That was up 14.7% from $225.60K in fiscal 2021. Housewrap was the largest at $193.30K (74.7%), ahead of Apparel at $65.43K (25.3%).
Compared with fiscal 2021, Apparel grew 16.4% to $65.43K and Housewrap grew 14.1% to $193.30K. From fiscal 2019 to 2022, combined revenue from these segments grew from $215.98K to $258.73K, a compound annual growth rate of 6.2%. Housewrap's share of the total rose from 37.3% to 74.7%.
Innovative Designs (IVDN) reports its revenue by segment. In fiscal 2022, Housewrap was its largest segment, bringing in $193.30K (74.7% of the total), followed by Apparel at $65.43K (25.3%).
Housewrap was Innovative Designs' largest segment in fiscal 2022, bringing in $193.30K, or 74.7% of the $258.73K total across its two segments.
Apparel grew faster than Housewrap in fiscal 2022, up 16.4% from $56.23K to $65.43K. Housewrap grew 14.1% to $193.30K.
Every figure comes from Innovative Designs' annual financial filings, as reported. Each line keeps the name Innovative Designs gives it, and years follow its fiscal calendar.
Innovative Designs' revenue by segment goes back to fiscal 2014, with figures through fiscal 2022. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.