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IVDA

Iveda Solutions, Inc.

IVDA

Iveda Solutions, Inc. NASDAQ
$1.12 6.67% (+0.07)

Market Cap $3.18 M
52w High $8.05
52w Low $0.61
Dividend Yield 0%
P/E -0.97
Volume 424.41K
Outstanding Shares 2.84M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.652M $731.58K $-221.304K -13.398% $-0.07 $-209.065K
Q2-2025 $1.528M $977.129K $-564.249K -36.93% $-0.2 $-516.299K
Q1-2025 $1.475M $1.124M $-794K -53.831% $-0.28 $-781K
Q4-2024 $1.742M $2.001M $-1.823M -104.669% $-0.63 $-1.764M
Q3-2024 $2.398M $1.012M $-555.011K -23.143% $-0.26 $-560.563K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.298M $5.778M $2.01M $3.768M
Q2-2025 $1.592M $4.39M $2.909M $1.481M
Q1-2025 $2.49M $4.528M $2.827M $1.701M
Q4-2024 $2.629M $5.18M $2.674M $2.505M
Q3-2024 $3.598M $9.062M $3.531M $5.664M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-564.249K $-1.332M $-1.31K $317.995K $-892.654K $-1.333M
Q1-2025 $-793.672K $-125.966K $109 $839 $-139.212K $-125.857K
Q4-2024 $-1.823M $-1.216M $339.357K $-58.665K $-972.645K $-1.216M
Q3-2024 $-555.011K $-1.2M $-39.239K $1.801M $647.854K $-899.718K
Q2-2024 $-494.278K $-999.701K $-2.626K $-7.533K $-1.043M $-1.006M

Revenue by Products

Product Q2-2024Q3-2024Q1-2025Q2-2025
Product
Product
$0 $0 $0 $0
Service Revenue
Service Revenue
$0 $0 $0 $0
Equipment Sales
Equipment Sales
$0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Iveda’s income statement looks like that of a very early-stage or pre-scale business. Reported revenue has been minimal for several years, and the company has consistently run at a loss. In practical terms, the business is still spending much more than it brings in. Losses per share have persisted year after year, indicating that the core operations are not yet self-sustaining and that the company is still in “build and prove it” mode rather than in a mature, profitable phase.


Balance Sheet

Balance Sheet The balance sheet appears very small and quite thin. Assets and cash are limited, with no meaningful debt reported but also only a modest equity base. This combination suggests a financially fragile company with little cushion if things do not go as planned. The history of reverse stock splits also signals a company that has had to adjust its share structure, which is common among smaller, capital-constrained firms trying to stay listed and raise funds. Overall, financial flexibility looks limited and sensitive to any setbacks.


Cash Flow

Cash Flow Cash flow data point to a business that has not yet developed a strong, recurring stream of cash from operations. Operating cash flow has hovered near break-even to modestly negative, and capital spending has been light, reflecting an asset-light, software- and services-heavy model. Even so, the lack of strong positive cash generation means the company likely depends on outside capital or new contract wins to fund its activities, leaving it exposed if access to funding tightens or sales ramp more slowly than hoped.


Competitive Edge

Competitive Edge Competitively, Iveda is trying to carve out a niche rather than go head‑to‑head with the largest AI and security players. Its strengths lie in an integrated cloud platform that can sit on top of customers’ existing cameras and sensors, its focus on specific use cases (smart cities, healthcare monitoring, industrial fluid management, oil spill detection), and some notable government and international contracts that validate the technology. At the same time, the company is very small in markets dominated by much larger, well-funded competitors. Its position is promising but fragile: winning and executing a few key contracts could materially shift its standing, while delays or cancellations could be painful.


Innovation and R&D

Innovation and R&D Innovation is clearly the heart of Iveda’s story. The company has built a suite of AI and IoT solutions—from the IvedaAI analytics platform and IvedaCare senior-care system to the Utilus smart pole, LevelNOW liquid monitoring, and vumastAR for oil spill detection. It is pushing into advanced areas like natural-language video search and combining large language models with computer vision to make its tools easier to use. Patent filings and specialized niche applications help differentiate its offerings. The main risk is that many of these products are still in pilot, early rollout, or concentrated in a few geographies and partners, so the gap between technical capability and broad commercial adoption remains to be closed.


Summary

Iveda is a classic high-risk, high-uncertainty profile: the financials are very small-scale and loss-making, while the technology story is ambitious and wide-ranging. The company has positioned itself around AI-driven video analytics, IoT sensors, and smart city/healthcare infrastructure, with some meaningful contracts and pilots that show real-world traction. However, it has limited financial resources, a history of ongoing losses, and must execute in highly competitive markets against much larger players. The key tension is whether the innovative product set and early contracts can scale fast enough to strengthen the balance sheet and cash flows before financial constraints become a more serious headwind.