Innovative Designs, Inc. reported earnings results for the third quarter and nine months ended July 31, 2022. For the third quarter, the company reported sales was USD 0.135048 million compared to USD 0.110475 million a year ago. Net income was USD 0.212357 million compared to USD 0.013153 million a year ago. Basic earnings per share from continuing operations was USD 0.006. Diluted earnings per share from continuing operations was USD 0.006.
For the nine months, sales was USD 0.235164 million compared to USD 0.176388 million a year ago. Net loss was USD 0.1955 million compared to USD 0.146297 million a year ago. Basic loss per share from continuing operations was USD 0.006 compared to USD 0.005 a year ago. Diluted loss per share from continuing operations was USD 0.006 compared to USD 0.005 a year ago.