INNOVATIVE DESIGNS, INC.
Income Statement
| Line Item | FY2010 |
|---|---|
| Revenue | $1.1M |
| Cost of Revenue | $600.1K |
| Gross Profit | $508.8K |
| Gross Margin | 45.9% |
| Operating Expenses | |
| Research & Development | — |
| SG&A Expense | $420.8K |
| Operating Income | $88.0K |
| Operating Margin | 7.9% |
| Interest Expense | $39.7K |
| Pretax Income | — |
| Income Tax Expense | — |
| Net Income | $48.6K |
| Net Margin | 4.4% |
| EPS (Basic) | $0.00 |
| EPS (Diluted) | $0.00 |
| Shares Outstanding (Basic) | 18.7M |
| Shares Outstanding (Diluted) | 18.7M |
| Dividends Per Share | — |