IVDN Financials 07/16/2014 01:53:46 Innovative De

IVDN Financials 07/16/2014 01:53:46
Innovative Designs, Inc.
Period Ending Oct 31, 2013 Oct 31, 2012 Oct 31, 2011 Oct 31, 2010
Total Revenue 484 813 1,039 1,109
Cost of Revenue 207 320 489 600
Gross Profit 277 493 550 509
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 508 635 496 421
Non-Recurring Items - - - -
Other - - - -
Operating Income (231) (143) 54 88
Income From Continuing Operations
Add'l Income/Expense Items 190 (189) 17 -
Earnings Before Interest and Tax (41) (332) 71 88
Interest Expense 102 123 56 40
Earnings Before Tax (143) (455) 15 49
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (143) (455) 15 49
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (143) (455) 15 49
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (143) (455) 15 49