A Business at a Glance
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Iveda Solutions, Inc.
IVDA
$2M
Mkt Cap
$0.24
-3.20%
Iveda Solutions, Inc. (IVDA) has a 5-year average return on invested capital (ROIC) of -55.0%. This is below average and may indicate limited pricing power.
Iveda Solutions, Inc. (IVDA) has a market capitalization of $2M. It is classified as a small-cap stock.
Iveda Solutions, Inc. (IVDA) does not currently pay a regular dividend.
Iveda Solutions, Inc. (IVDA) operates in the Services-Prepackaged Software industry, within the Technology sector.
Iveda Solutions, Inc. (IVDA) reported annual revenue of $5 million in its most recent fiscal year, based on SEC EDGAR filings.
Iveda Solutions, Inc. (IVDA) has a net profit margin of -60.6%. The company is currently unprofitable.
Iveda Solutions, Inc. (IVDA) generated $-2 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ITEM 1 – BUSINESS Iveda Solutions, Inc. (“Iveda”, or the “Company”) was incorporated in Nevada as Charmed Homes, Inc. in June 2006. On October 15, 2009, IntelaSight, d/b/a Iveda, a Washington corporation, became a wholly owned subsidiary of the Company. In December 2010, IntelaSight merged with and into the Company and the Company became the surviving company. Iveda offered the first cloud hosting of streaming and recorded video from security cameras for its customers and real-time remote surveillance service utilizing intervention specialists to watch our customers’ cameras in real time, 24/7. In April 2011, Iveda completed the acquisition of the Taiwan-based company Sole-Vision Technologies (doing business as Iveda Taiwan). Historically, we sold and installed video surveillance equipment, primarily for security purposes and secondarily for operational efficiencies and marketing.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 5.3M | 5.3M | 6.0M | 6.5M | 4.5M | 1.9M |
| Net Income | -3.2M | -3.2M | -4.0M | -4.1M | -3.3M | -3.0M |
| EPS | $-0.44 | $-0.44 | $-0.45 | $-3.11 | $-0.39 | $-3.26 |
| Free Cash Flow | -2.0M | -2.0M | -4.4M | -3.4M | -5.4M | -2.0M |
| ROIC | -765.6% | 0.0% | -401.3% | -85.6% | -43.1% | -91.2% |
| Gross Margin | 24.1% | 24.1% | 21.6% | 16.4% | 21.6% | 43.4% |
| Debt/Equity | 0.15 | 0.15 | 0.37 | 0.02 | 0.09 | -0.65 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -3.2M | -3.2M | -4.1M | -4.0M | -3.3M | -2.7M |
| Operating Margin | -61.1% | -61.1% | -67.6% | -62.2% | -74.5% | -142.1% |
| ROE | -66.9% | -87.8% | -111.3% | -67.8% | -98.5% | 133.8% |
| Shares Outstanding | 7M | 7M | 9M | 1M | 9M | 1M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | N/A | 2.8M | 3.6M | N/A | N/A | 3.1M | 1.5M | 1.9M | 4.5M | 6.5M | 6.0M | 5.3M | 5.3M |
| Gross Margin | N/A | 23.6% | 10.5% | N/A | N/A | 22.2% | 33.2% | 43.4% | 21.6% | 16.4% | 21.6% | 24.1% | 24.1% |
| R&D | N/A | N/A | N/A | 286K | 304K | 265K | N/A | N/A | N/A | 797K | 363K | 171K | 171K |
| SG&A | 2.3M | 4.1M | 4.2M | 6.6M | 5.5M | 4.0M | 1.7M | 3.6M | 4.3M | 4.3M | 5.0M | 4.3M | 4.3M |
| EBIT | -1.9M | -4.4M | -3.8M | -6.8M | -5.0M | -3.3M | -1.2M | -2.7M | -3.3M | -4.0M | -4.1M | -3.2M | -3.2M |
| Op. Margin | N/A | -155.6% | -106.5% | N/A | N/A | -108.6% | -82.8% | -142.1% | -74.5% | -62.2% | -67.6% | -61.1% | -61.1% |
| Net Income | -1.9M | -4.5M | -3.8M | -6.8M | -5.7M | -3.8M | -1.6M | -3.0M | -3.3M | -4.1M | -4.0M | -3.2M | -3.2M |
| Net Margin | N/A | -158.3% | -106.5% | N/A | N/A | -123.2% | -108.0% | -156.4% | -74.9% | -63.8% | -66.1% | -60.6% | -60.6% |
| Non-Recurring | 0 | 956K | 0 | 841K | 0 | -132K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | N/M | -186.3% | -163.3% | N/M | N/M | -107.7% | -98.6% | -91.2% | -43.1% | -85.6% | N/M | 0.0% | N/M |
| ROE | -376.1% | -301.9% | -212.3% | -1303.5% | N/A | 317.3% | 50.5% | 133.8% | -98.5% | -67.8% | -111.3% | -87.8% | -66.9% |
| ROA | -186.2% | -181.1% | -87.3% | -158.2% | -157.9% | -127.6% | -128.6% | -141.7% | -52.1% | -51.2% | -69.3% | -55.1% | -49.8% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -2.1M | -2.1M | -3.3M | -3.6M | -5.0M | -2.7M | -146K | -2.0M | -5.4M | -3.3M | -4.4M | -2.0M | -2.0M |
| Free Cash Flow | -2.2M | -2.3M | -3.7M | -3.8M | -5.3M | -2.7M | -167K | -2.0M | -5.4M | -3.4M | -4.4M | -2.0M | -2.0M |
| Owner Earnings | -2.5M | -2.9M | -3.8M | -4.2M | -5.6M | -3.1M | -336K | -2.8M | -5.5M | -3.5M | -4.6M | -2.4M | -2.4M |
| CapEx | 135K | 154K | 339K | 157K | 271K | 27K | 22K | 25K | 14K | 86K | 3K | 0 | 0 |
| Maint. CapEx | 83K | 256K | 218K | 222K | 226K | 192K | 26K | 15K | 18K | 20K | 32K | 22K | 22K |
| Growth CapEx | 52K | 0 | 121K | 0 | 46K | 0 | 0 | 9K | 0 | 66K | 0 | N/A | 0 |
| D&A | 83K | 256K | 218K | 222K | 226K | 192K | 26K | 15K | 18K | 20K | 32K | 22K | 22K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% | 0.0% | N/A | 0.0% | 0.0% | 0.0% | 0.0% |
| Stock-Based Comp | 267K | 515K | 248K | 336K | 373K | 217K | 165K | 802K | 121K | 105K | 123K | 376K | 376K |
| Debt Repayment | 0 | 197K | 0 | 35K | 0 | 1.0M | 152K | 11K | 359K | 48K | 78K | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | -580K | 680K | 29K | 958K | -188K | 616K | -876K | -6.7M | -4.6M | -1.7M | -4.4M | -4.4M |
| Cash & Equiv. | 355K | 850K | 114K | 560K | 88K | 207K | 250K | 1.4M | 7.3M | 4.7M | 2.6M | 5.2M | 5.2M |
| Long-Term Debt | N/A | 10K | 68K | 364K | 0 | -35K | N/A | 339K | 191K | -251K | 376K | 266K | 266K |
| Debt/Equity | 1.02 | 0.11 | 0.67 | 1.13 | -1.38 | -0.01 | -0.23 | -0.65 | 0.09 | 0.02 | 0.37 | 0.15 | 0.15 |
| Interest Coverage | -114.2 | -138.9 | -48.2 | -81.3 | -10.4 | -8.4 | -3.1 | -10.0 | -62.4 | -557.1 | -155.5 | -88.4 | -88.4 |
| Equity | 518K | 2.4M | 1.2M | 522K | -756K | -1.6M | -3.7M | -777K | 7.6M | 4.6M | 2.5M | 4.8M | 4.8M |
| Total Assets | 1.0M | 3.9M | 4.9M | 3.7M | 3.5M | 2.4M | 1.2M | 3.0M | 9.9M | 6.3M | 5.2M | 6.4M | 6.4M |
| Total Liabilities | 529K | 1.4M | 3.7M | 3.2M | 4.2M | 4.1M | 5.0M | 3.8M | 2.6M | 1.7M | 2.7M | 1.6M | 1.6M |
| Intangibles | N/A | 187K | 167K | 147K | 127K | 107K | 7K | 7K | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -6.7M | -11M | -15M | -22M | -27M | -32M | -38M | -41M | -45M | -49M | -53M | -56M | -56M |
| Working Capital | 211K | 1.0M | -382K | -137K | -1.5M | -1.4M | -3.6M | -750K | 7.5M | 4.3M | 2.7M | 4.9M | 4.9M |
| Current Assets | 726K | 2.5M | 3.3M | 2.6M | 2.5M | 2.0M | 985K | 2.7M | 9.6M | 5.9M | 5.0M | 6.2M | 6.2M |
| Current Liabilities | 515K | 1.4M | 3.7M | 2.7M | 4.0M | 3.4M | 4.5M | 3.4M | 2.1M | 1.7M | 2.3M | 1.3M | 1.3M |
| Per Share Data | |||||||||||||
| EPS | -1.47 | -2.94 | -2.10 | -2.84 | -2.21 | -1.47 | -0.32 | -3.26 | -0.39 | -3.11 | -0.45 | -0.44 | -0.44 |
| Owner EPS | -1.86 | -1.90 | -2.07 | -1.74 | -2.19 | -1.19 | -0.07 | -3.03 | -0.65 | -2.59 | -0.52 | -0.33 | -0.33 |
| Book Value | 0.39 | 1.61 | 0.65 | 0.22 | -0.29 | -0.63 | -0.73 | -0.84 | 0.88 | 3.48 | 0.28 | 0.66 | 0.66 |
| Cash Flow/Share | -1.60 | -1.39 | -1.82 | -1.51 | -1.96 | -1.03 | -0.03 | -2.14 | -0.63 | -2.50 | -0.50 | -0.28 | -0.44 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | 0.00 | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 1.3M | 1.5M | 1.8M | 2.4M | 2.6M | 2.6M | 5.1M | 0.9M | 8.6M | 1.3M | 8.8M | 7.3M | 7.3M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -0.5 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 28.2 | 6.6 | 16.4 | 84.5 | N/A | N/A | N/A | N/A | 1.3 | N/A | N/A | N/A | 0.4 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15.0 | N/A | N/A | N/A | 0.3 |
| FCF Yield | -15.4% | -14.1% | -18.9% | -8.5% | -17.6% | N/A | N/A | N/A | -56.4% | N/A | N/A | N/A | -115.3% |
| Market Cap | 15M | 16M | 19M | 44M | 30M | 0 | 0 | 0 | 9.6M | 0 | 0 | 0 | 1.8M |
| Avg. Price | 75.64 | 63.80 | 70.40 | 103.84 | 93.08 | 0.00 | 0.00 | 0.00 | 33.47 | 0.00 | 0.00 | 0.00 | 0.24 |
| Year-End Price | 67.20 | 64.64 | 64.64 | 112.00 | 71.68 | 0.00 | 0.00 | 0.00 | 4.80 | 0.00 | 0.00 | 0.00 | 0.24 |
Iveda Solutions, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 25.4%.
Iveda Solutions, Inc. (IVDA) has a debt-to-equity ratio of 0.15. This indicates a conservatively financed balance sheet.
Iveda Solutions, Inc. (IVDA) reported earnings per share (EPS) of $-0.44 in its most recent fiscal year.
Iveda Solutions, Inc. (IVDA) has a return on equity (ROE) of -87.8%. A negative ROE may indicate losses or negative equity.
Iveda Solutions, Inc. (IVDA) has a 5-year average gross margin of 25.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 12 years of financial data for Iveda Solutions, Inc. (IVDA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Iveda Solutions, Inc. (IVDA) has a book value per share of $0.66, based on its most recent annual SEC filing.