Iveda Solutions Inc - Understand $ivda stock

$IVDA Market Cap: $4.673 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.780M

TTM

Gross Margin

29.19%

TTM

Net Earnings

-$3.530M

TTM

Current Assets

$5.330M

Q2 2024

Current Liabilities

$2.078M

Q2 2024

Current Ratio

256.44%

Q2 2024

Total Assets

$6.755M

Q2 2024

Total Liabilities

$2.519M

Q2 2024

Book Value

$4.236M

Q2 2024

Cash

$2.857M

Q2 2024

P/E

-1.324

Sep 13, 2024 EST

Free Cash Flow

-$6.200M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$6.496M	$4.468M	$1.918M	$1.484M	$3.641M	$3.072M	$2.186M	$3.345M	$3.609M	$2.819M	$940.0K	$660.0K	$510.0K	$0.00	$0.00
YoY Change	45.38%	132.98%	29.21%	-59.23%		40.53%	-34.66%	-7.31%	28.04%	199.86%	42.42%	29.41%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$6.496M	$4.468M	$1.918M	$1.484M	$3.641M	$3.072M	$2.186M	$3.345M	$3.609M	$2.819M	$940.0K	$660.0K	$510.0K	$0.00	$0.00
Cost Of Revenue	$5.428M	$3.505M	$1.086M	$991.6K	$2.624M	$2.390M	$1.612M	$2.729M	$3.230M	$2.154M	$590.0K	$510.0K	$490.0K	$0.00
Gross Profit	$1.068M	$963.5K	$832.3K	$492.7K	$1.016M	$681.6K	$573.5K	$615.9K	$378.5K	$664.5K	$350.0K	$150.0K	$20.00K	$0.00
Gross Profit Margin	16.44%	21.56%	43.4%	33.19%	27.92%	22.19%	26.24%	18.41%	10.49%	23.57%	37.23%	22.73%	3.92%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$4.479M	$4.293M	$3.558M	$1.721M	$1.780M	$4.019M	$5.533M	$6.575M	$4.223M	$4.094M	$2.280M		$50.00K	$40.00K	$20.00K
YoY Change	4.33%	20.67%	106.67%	-3.32%		-27.37%	-15.84%	55.67%	3.16%	79.57%			25.0%	100.0%
% of Gross Profit	419.49%	445.54%	427.46%	349.4%	175.19%	589.6%	964.76%	1067.55%	1115.83%	616.13%	651.43%		250.0%
Research & Development							$304.1K	$285.8K
YoY Change							6.4%
% of Gross Profit							53.03%	46.41%
Depreciation & Amortization	$19.75K	$17.80K	$15.02K	$25.70K	$25.80K	$191.5K	$225.5K	$221.9K	$218.2K	$255.7K	$80.00K	$80.00K
YoY Change	10.95%	18.55%	-41.57%	-0.39%		-15.08%	1.64%	1.68%	-14.65%	219.61%	0.0%
% of Gross Profit	1.85%	1.85%	1.8%	5.22%	2.54%	28.1%	39.32%	36.03%	57.66%	38.48%	22.86%	53.33%
Operating Expenses	$4.479M	$4.293M	$3.558M	$1.721M	$1.780M	$4.019M	$5.533M	$7.416M	$4.223M	$4.094M	$2.280M	$1.890M	$40.00K	$40.00K	$20.00K
YoY Change	4.33%	20.67%	106.67%	-3.32%		-27.37%	-25.38%	75.58%	3.16%	79.57%	20.63%	4625.0%	0.0%	100.0%
Operating Profit	-$3.411M	-$3.329M	-$2.725M	-$1.229M	-$764.2K	-$3.337M	-$4.960M	-$6.800M	-$3.845M	-$3.430M	-$1.930M	-$1.740M	-$20.00K	-$40.00K
YoY Change	2.45%	22.16%	121.8%	60.8%		-32.72%	-27.06%	76.85%	12.11%	77.71%	10.92%	8600.0%	-50.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$124.6K	$53.32K	-$273.3K	-$397.9K	-$382.9K	-$303.8K	$478.6K	$83.63K	$79.76K	-$30.56K	-$20.00K	-$30.00K	-$10.00K	-$10.00K	$0.00
YoY Change	133.73%	-119.51%	-31.31%	3.91%		-163.48%	472.3%	4.85%	-360.99%	52.8%	-33.33%	200.0%	0.0%
% of Operating Profit
Other Income/Expense, Net	-$28.10K	-$13.00K	$0.00	$24.28K	$0.00		-$681.7K	-$71.24K	-$79.48K
YoY Change	116.09%		-100.0%				856.92%	-10.37%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	-$3.314M	-$3.342M	-$2.999M	-$1.602M	-$1.147M	-$3.772M	-$5.641M	-$6.871M	-$3.924M	-$4.416M	-$1.950M	-$1.780M	-$40.00K	-$50.00K	-$20.00K
YoY Change	-0.83%	11.46%	87.15%	39.69%		-33.13%	-17.9%	75.08%	-11.13%	126.46%	9.55%	4350.0%	-20.0%	150.0%
Income Tax	$18.31K	$2.947K			$7.760K	$12.57K	$15.83K	-$69.34K	-$82.50K	$47.03K	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$3.235M	-$3.345M	-$2.999M	-$1.602M	-$1.155M	-$3.785M	-$5.657M	-$6.802M	-$3.842M	-$4.463M	-$1.950M	-$1.780M	-$40.00K	-$50.00K	-$20.00K
YoY Change	-3.29%	11.56%	87.15%	38.75%		-33.09%	-16.83%	77.04%	-13.92%	128.87%	9.55%	4350.0%	-20.0%	150.0%
Net Earnings / Revenue	-49.8%	-74.87%	-156.35%	-107.95%	-31.72%	-123.23%	-258.82%	-203.33%	-106.45%	-158.34%	-207.45%	-269.7%	-7.84%
Basic Earnings Per Share	-$0.20	-$0.26	-$0.34				-$0.21	-$0.27
Diluted Earnings Per Share	-$0.20	-$0.26	-$335.4K	-$30.98K	-$22.78K	-$137.3K	-$209.1K	-$275.0K	-$201.4K	-$281.7K	-$139.3K	-$143.5K	-$5.979K	-$8.375K	-$4.057K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$4.755M	$7.312M	$1.385M	$354.1K	$326.0K	$206.9K	$251.7K	$561.5K	$529.6K	$1.239M	$360.0K	$20.00K	$90.00K	$20.00K	$0.00
YoY Change	-34.98%	427.84%	291.17%	8.65%		-17.8%	-55.17%	6.03%	-57.26%	244.17%	1700.0%	-77.78%	350.0%
Cash & Equivalents	$4.755M	$7.312M	$1.385M	$249.5K	$257.0K	$206.9K	$87.90K	$559.7K	$114.5K	$850.4K	$360.0K	$20.00K
Short-Term Investments				$104.6K	$68.99K		$163.8K	$1.790K	$415.1K	$388.7K	$0.00
Other Short-Term Assets	$565.4K	$501.5K	$453.4K	$178.8K	$199.6K	$610.3K	$1.067M	$1.310M	$671.6K	$98.70K	$0.00	$0.00
YoY Change	12.73%	10.63%	153.55%	-10.43%		-42.81%	-18.53%	95.02%	580.43%
Inventory	$324.5K	$526.5K	$344.7K	$221.9K	$132.8K	$176.9K	$387.9K	$331.4K	$123.0K	$80.03K	$0.00	$0.00	$0.00	$490.0K	$0.00
Prepaid Expenses
Receivables	$281.1K	$1.223M	$492.8K	$226.6K	$895.8K	$996.6K	$358.8K	$372.6K	$1.959M	$942.9K	$360.0K	$40.00K
Other Receivables	$0.00	$0.00	$0.00	$3.840K	$115.8K	$0.00	$395.9K	$10.45K	$6.250K	$102.1K	$0.00	$0.00
Total Short-Term Assets	$5.926M	$9.563M	$2.676M	$985.3K	$1.670M	$1.991M	$2.461M	$2.586M	$3.289M	$2.463M	$730.0K	$60.00K	$90.00K	$510.0K	$0.00
YoY Change	-38.04%	257.35%	171.61%	-41.0%		-19.12%	-4.81%	-21.39%	33.56%	237.36%	1116.67%	-33.33%	-82.35%
Property, Plant & Equipment	$891.2K	$32.91K	$38.19K	$22.03K	$5.810K	$189.1K	$532.5K	$471.2K	$517.0K	$375.5K	$310.0K	$240.0K
YoY Change	2607.96%	-13.83%	73.35%	279.17%		-64.49%	13.02%	-8.86%	37.67%	21.14%	29.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$60.48K	$41.23K		$48.62K	$144.8K	$10.84K	$10.84K	$10.00K	$10.00K
YoY Change				46.69%			-66.42%	1235.61%	0.0%	8.4%	0.0%
Other Assets	$444.7K	$267.4K	$273.4K	$171.2K	$160.7K	$162.4K	$315.7K	$330.9K	$94.79K	$4.640K	$0.00
YoY Change	66.32%	-2.21%	59.75%	6.54%		-48.57%	-4.6%	249.11%	1942.89%
Total Long-Term Assets	$1.336M	$300.3K	$311.6K	$260.3K	$234.4K	$458.1K	$1.023M	$1.094M	$1.630M	$1.419M	$320.0K	$250.0K	$0.00	$0.00	$0.00
YoY Change	344.86%	-3.63%	19.7%	11.08%		-55.24%	-6.41%	-32.92%	14.92%	343.33%	28.0%
Total Assets	$7.261M	$9.863M	$2.988M	$1.246M	$1.904M	$2.449M	$3.485M	$3.679M	$4.919M	$3.881M	$1.050M	$310.0K	$90.00K	$510.0K	$0.00
YoY Change
Accounts Payable	$180.0K	$360.4K	$62.89K	$3.158M	$2.998M	$2.604M	$1.185M	$688.1K	$673.2K	$499.6K	$180.0K	$200.0K	$0.00	$0.00	$0.00
YoY Change	-50.07%	473.06%	-98.01%	5.32%		119.67%	72.27%	2.22%	34.73%	177.58%	-10.0%
Accrued Expenses	$900.9K	$1.243M	$2.835M				$966.5K	$1.651M	$1.674M	$393.6K	$80.00K	$320.0K
YoY Change	-27.52%	-56.15%					-41.47%	-1.36%	325.36%	392.01%	-75.0%
Deferred Revenue
YoY Change
Short-Term Debt	$348.8K	$398.4K	$50.00K	$866.0K	$747.7K	$53.03K	$1.081M	$60.29K	$802.1K	$248.3K	$0.00	$50.00K	$0.00	$0.00	$0.00
YoY Change	-12.46%	696.82%	-94.23%	15.82%		-95.09%	1692.17%	-92.48%	223.02%		-100.0%
Long-Term Debt Due		$65.41K	$120.3K			$0.00	$34.61K	$164.2K	$75.71K	$11.88K	$50.00K	$80.00K
YoY Change		-45.62%				-100.0%	-78.92%	116.83%	537.29%	-76.24%	-37.5%
Total Short-Term Liabilities	$1.459M	$2.103M	$3.426M	$4.537M	$4.290M	$3.425M	$3.968M	$2.723M	$3.671M	$1.432M	$510.0K	$790.0K	$0.00	$400.0K	$20.00K
YoY Change	-30.61%	-38.63%	-24.48%	5.75%		-13.69%	45.74%	-25.83%	156.39%	180.76%	-35.44%		-100.0%	1900.0%
Long-Term Debt	$0.00	$190.8K	$338.8K	$0.00	$0.00	$0.00	$0.00	$364.4K	$67.70K	$10.46K	$10.00K	$50.00K	$0.00	$0.00	$0.00
YoY Change	-100.0%	-43.69%					-100.0%	438.21%	547.23%	4.6%	-80.0%
Other Long-Term Liabilities		$0.00	$0.00	$415.6K	$283.8K	$653.2K	$272.9K	$70.11K
YoY Change			-100.0%	46.47%		139.37%	289.25%
Total Long-Term Liabilities	$0.00	$190.8K	$338.8K	$415.6K	$283.8K	$653.2K	$272.9K	$434.5K	$67.70K	$10.46K	$10.00K	$50.00K	$0.00	$0.00	$0.00
YoY Change	-100.0%	-43.69%	-18.49%	46.47%		139.37%	-37.19%	541.77%	547.23%	4.6%	-80.0%
Total Liabilities	$1.360M	$2.293M	$3.765M	$4.952M	$4.574M	$4.078M	$4.241M	$3.157M	$3.739M	$1.442M	$530.0K	$840.0K	$0.00	$400.0K	$20.00K
YoY Change	-40.71%	-39.09%	-23.97%	8.27%		-3.84%	34.33%	-15.55%	159.22%	172.14%	-36.9%		-100.0%	1900.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	15.97M shares	12.85M shares	8.940M shares
Diluted Shares Outstanding	15.97M shares	12.84M shares	8.940M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $4.6729 Million

About Iveda Solutions Inc

Iveda Solutions, Inc. enables cloud video surveillance via its Sentir data and video management platform, utilizing proprietary video streaming and big data storage technology. The company is headquartered in Mesa, Arizona and currently employs 32 full-time employees. The company went IPO on 2007-11-19. The firm offers AI intelligent video search, smart utility, smart sensors, gateways, and trackers, and Internet of Things (IoT) platforms. Its technology/products include IvedaAI, Cerebro, IvedaSPS, Utilus, vumastAR, IvedaXpress, Iveda Smart UVC, Iveda Smart Drones, Smart Utility Cabinet, Vemo Body Camera and IvedaCare. IvedaAI consists of deep-learning video analytics software running in a computer/server environment that can either be deployed at an edge level or data center for centralized cloud model. Cerebro is a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices throughout an entire environment. vumastAR is an AI vision software that uses video taken from IP cameras, AR glasses, androids, and tablets to analyze and process data in real-time.

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