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Iveda Solutions, Inc. (IVDA) 10-Year Financial Performance & Capital Metrics

IVDA • • Industrial / General
IndustrialsSecurity ServicesElectronic Security & MonitoringVideo Surveillance & Analytics
AboutIveda Solutions, Inc. provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software; IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location; Sentir Video, a video surveillance solution for various kinds of applications; Cerebro, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices; and IvedaSPS, a smart power solution. In addition, it offers AI intelligent video search, smart utility, smart sensors, gateways, trackers, and IoT platforms. It serves airports, commercial buildings, government customers, data centers, shopping centers, hotels, banks, and safe city projects. The company was founded in 2003 and is based in Mesa, Arizona.Show more
  • Revenue $6M -7.3%
  • EBITDA -$4M -0.4%
  • Net Income -$4M +3.9%
  • EPS (Diluted) -1.81 +12.6%
  • Gross Margin 21.62% +31.6%
  • EBITDA Margin -67.07% -8.3%
  • Operating Margin -67.6% -8.7%
  • Net Margin -66.12% -3.7%
  • ROE -95.84% -54.7%
  • ROIC -277.74% -5.8%
  • Debt/Equity 0.37 +514.4%
  • Interest Coverage -155.44 +72.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 1.0x book value
  • ✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 11 (bottom 11%)
  • ✗Shares diluted 10.4% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.88%
5Y9.93%
3Y46.42%
TTM88.98%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM2.08%

EPS CAGR

10Y-
5Y-
3Y-
TTM25.54%

ROCE

10Y Avg-527.87%
5Y Avg-81.42%
3Y Avg-81.42%
Latest-93.73%

Peer Comparison

Video Surveillance & Analytics
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Valuation
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Quality & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
DGLYDigital Ally, Inc.4.39M2.31-0.41-30.44%-59.7%-136.3%
IVDAIveda Solutions, Inc.6.34M1.08-0.60-7.31%-52.31%-252.38%0.37
ARLOArlo Technologies, Inc.1.48B13.99-45.134.01%0.84%3.33%3.28%0.18

Profit & Loss

Dec 2012Dec 2013Dec 2014Dec 2015Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+3.61M3.35M2.19M3.07M3.75M1.48M1.92M4.47M6.5M6.02M
Revenue Growth %0.28%-0.07%-0.35%0.41%0.22%-0.6%0.29%1.33%0.45%-0.07%
Cost of Goods Sold+3.23M2.73M1.61M2.39M2.87M991.56K1.09M3.5M5.43M4.72M
COGS % of Revenue0.89%0.82%0.74%0.78%0.76%0.67%0.57%0.78%0.84%0.78%
Gross Profit+378.5K615.87K573.53K681.57K881.41K492.68K832.25K963.5K1.07M1.3M
Gross Margin %0.1%0.18%0.26%0.22%0.24%0.33%0.43%0.22%0.16%0.22%
Gross Profit Growth %-0.43%0.63%-0.07%0.19%0.29%-0.44%0.69%0.16%0.11%0.22%
Operating Expenses+4.22M6.58M5.53M4.02M1.75M1.72M3.56M4.29M5.11M5.37M
OpEx % of Revenue1.17%1.97%2.53%1.31%0.47%1.16%1.86%0.96%0.79%0.89%
Selling, General & Admin4.22M6.58M5.53M4.02M1.75M1.72M3.56M4.29M4.31M5.01M
SG&A % of Revenue1.17%1.97%2.53%1.31%0.47%1.16%1.86%0.96%0.66%0.83%
Research & Development00304.12K264.77K0000797.11K363.35K
R&D % of Revenue--0.14%0.09%----0.12%0.06%
Other Operating Expenses00-304K000000-350
Operating Income+-3.85M-6.8M-4.96M-3.34M-871.61K-1.23M-2.73M-3.33M-4.04M-4.07M
Operating Margin %-1.07%-2.03%-2.27%-1.09%-0.23%-0.83%-1.42%-0.75%-0.62%-0.68%
Operating Income Growth %0.12%-0.77%0.27%0.33%0.74%-0.41%-1.22%-0.22%-0.21%-0.01%
EBITDA+-3.63M-6.58M-4.73M-3.15M-847.1K-1.2M-2.71M-3.31M-4.02M-4.04M
EBITDA Margin %-1%-1.97%-2.17%-1.02%-0.23%-0.81%-1.41%-0.74%-0.62%-0.67%
EBITDA Growth %0.12%-0.81%0.28%0.34%0.73%-0.42%-1.25%-0.22%-0.21%-0%
D&A (Non-Cash Add-back)218.23K221.9K225.53K191.51K24.51K25.7K15.02K17.8K19.75K31.8K
EBIT-3.85M-6.79M-5.16M-3.38M-785.88K-1.2M-2.73M-3.29M-4.12M-3.92M
Net Interest Income+-78.95K-81.49K-463K-377K-119K-398K-273K4.07K124.63K87.55K
Interest Income8062.13K15.84K20.44K75891435457.4K131.88K113.73K
Interest Expense79.76K83.63K478.58K397.14K120.22K398.76K273.65K53.32K7.25K26.18K
Other Income/Expense-79.48K-71.23K-682K-435K-34.49K-374K-273K-13.05K-83.48K121.39K
Pretax Income+-3.92M-6.87M-5.64M-3.77M-906.1K-1.6M-3M-3.34M-4.12M-3.95M
Pretax Margin %-1.09%-2.05%-2.58%-1.23%-0.24%-1.08%-1.56%-0.75%-0.63%-0.66%
Income Tax+-82.5K-69.34K15.83K12.57K8.01K002.95K18.31K32.38K
Effective Tax Rate %0.98%0.99%1%1%1.01%1%1%1%1%1.01%
Net Income+-3.84M-6.8M-5.66M-3.79M-914.11K-1.6M-3M-3.35M-4.14M-3.98M
Net Margin %-1.06%-2.03%-2.59%-1.23%-0.24%-1.08%-1.56%-0.75%-0.64%-0.66%
Net Income Growth %0.14%-0.77%0.17%0.33%0.76%-0.75%-0.87%-0.12%-0.24%0.04%
Net Income (Continuing)-3.84M-6.8M-5.66M-3.79M-914.11K-1.6M-3M-3.35M-4.14M-3.98M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-1.60-16.38-13.26-8.79-1.15-1.92-2.72-2.08-2.07-1.81
EPS Growth %0.29%-9.24%0.19%0.34%0.87%-0.67%-0.42%0.24%0%0.13%
EPS (Basic)-1.61-16.38-13.26-8.79-1.15-1.92-2.72-2.08-2.07-1.81
Diluted Shares Outstanding2.38M415.18K426.71K430.76K792.09K808.11K1.12M1.61M2M2.2M
Basic Shares Outstanding2.38M415.18K426.71K430.76K792.09K808.11K1.12M1.61M2M2.2M
Dividend Payout Ratio----------

Balance Sheet

Dec 2012Dec 2013Dec 2014Dec 2015Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+3.29M2.72M2.46M1.99M1.67M985.25K2.68M9.56M5.93M5.03M
Cash & Short-Term Investments114.46K559.73K87.9K206.93K256.97K414.67K1.39M7.31M4.75M2.63M
Cash Only114.46K559.73K87.9K206.93K256.97K414.67K1.39M7.31M4.75M2.63M
Short-Term Investments0000000000
Accounts Receivable1.96M376K470.49K996.57K895.77K226.61K492.75K1.22M281.05K1.28M
Days Sales Outstanding198.1141.0378.56118.4187.1955.7493.7799.8815.7977.45
Inventory123.02K331.44K387.92K176.91K132.75K221.87K344.65K526.47K324.51K148.12K
Days Inventory Outstanding13.944.3387.8327.0216.8981.67115.8454.8321.8211.46
Other Current Assets1.09M1.17M1.43M550.27K357.36K122.1K453.35K501.52K565.36K536.32K
Total Non-Current Assets+1.63M959.6K1.02M458.14K234.36K260.32K311.61K300.3K1.34M153.1K
Property, Plant & Equipment516.98K471.18K532.51K189.09K5.81K22.03K38.19K32.91K891.19K68.68K
Fixed Asset Turnover6.98x7.10x4.11x16.25x645.77x67.37x50.22x135.76x7.29x87.67x
Goodwill841K000000000
Intangible Assets166.67K146.67K126.67K106.67K26.67K6.67K0000
Long-Term Investments-94.78K-160.2K164.35K0000000
Other Non-Current Assets105.62K341.75K48.62K16.79K201.89K231.62K273.42K267.39K444.72K84.42K
Total Assets+4.92M3.68M3.48M2.45M1.9M1.25M2.99M9.86M7.26M5.18M
Asset Turnover0.73x0.91x0.63x1.25x1.97x1.19x0.64x0.45x0.89x1.16x
Asset Growth %0.27%-0.25%-0.05%-0.3%-0.22%-0.35%1.4%2.3%-0.26%-0.29%
Total Current Liabilities+3.67M2.72M3.97M3.43M4.29M4.54M3.43M2.1M1.46M2.3M
Accounts Payable673.17K688.13K1.19M1.47M521.54K405.82K62.89K360.39K179.95K730.3K
Days Payables Outstanding76.0792.04268.42224.5466.36149.3821.1437.5312.156.49
Short-Term Debt877.83K224.45K1.69M767.85K1.29M1.38M170.28K463.82K348.77K549.03K
Deferred Revenue (Current)55.57K16.97K14.28K316.87K086458.21K35.3K036.79K
Other Current Liabilities336.61K39.8K112.01K53.15K4.15K2.75M300K029.21K0
Current Ratio0.90x1.00x0.62x0.58x0.39x0.22x0.78x4.55x4.06x2.19x
Quick Ratio0.86x0.88x0.52x0.53x0.36x0.17x0.68x4.30x3.84x2.12x
Cash Conversion Cycle135.94-6.68-102.02-79.1137.72-11.98188.47117.1825.5132.42
Total Non-Current Liabilities+67.69K434.48K272.9K653.24K283.77K415.63K338.8K190.78K0376.19K
Long-Term Debt67.69K364.37K0000338.8K190.78K0376.19K
Capital Lease Obligations2.64K000000000
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities-2.64K70.11K272.9K653.24K283.77K415.63K0000
Total Liabilities3.74M3.16M4.24M4.08M4.57M4.95M3.76M2.29M1.46M2.67M
Total Debt+945.52K588.82K1.12M767.85K1.29M1.38M509.09K654.59K348.77K925.22K
Net Debt831.06K29.09K1.03M560.92K1.03M964.03K-876.19K-6.66M-4.41M-1.7M
Debt / Equity0.80x1.13x-----0.09x0.06x0.37x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-48.21x-81.32x-10.36x-8.40x-7.25x-3.08x-9.96x-62.43x-557.05x-155.44x
Total Equity+1.18M521.81K-756.39K-1.63M-2.67M-3.71M-777.28K7.57M5.8M2.51M
Equity Growth %-0.52%-0.56%-2.45%-1.15%-0.64%-0.39%0.79%10.74%-0.23%-0.57%
Book Value per Share0.491.26-1.77-3.78-3.37-4.59-0.704.712.911.14
Total Shareholders' Equity1.18M521.81K-756.39K-1.63M-2.67M-3.71M-777.28K7.57M5.8M2.51M
Common Stock20426727327951452777315016228
Retained Earnings-15M-21.8M-27.49M-31.91M-36.53M-38.32M-41.36M-44.71M-47.94M-53.18M
Treasury Stock0000000000
Accumulated OCI-23.63K-30.67K-35.62K-41.97K-195.29K-153.25K-143.49K-220.64K-222.38K-280.21K
Minority Interest0000000000

Cash Flow

Dec 2012Dec 2013Dec 2014Dec 2015Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-3.33M-3.61M-5.03M-2.66M304.47K-145.57K-1.97M-5.41M-2.6M-4.42M
Operating CF Margin %-0.92%-1.08%-2.3%-0.87%0.08%-0.1%-1.03%-1.21%-0.4%-0.73%
Operating CF Growth %-0.58%-0.09%-0.39%0.47%1.11%-1.48%-12.55%-1.74%0.52%-0.7%
Net Income-3.84M-6.8M-5.66M-3.79M-914.11K-1.6M-3M-3.35M-3.24M-3.98M
Depreciation & Amortization218.23K221.9K225.53K191.51K24.51K25.7K15.02K17.8K19.75K31.8K
Stock-Based Compensation372.01K336.4K373K216.7K131.71K176.64K950.39K120.58K104.6K122.6K
Deferred Taxes-343.53K1.2M0220.92K988.73K147.59K218.21K000
Other Non-Cash Items372.01K222.21K907.69K277.02K-1.07M105.57K69.73K225.46K141.25K90K
Working Capital Changes-104.5K1.21M-654.28K215.64K1.14M1.01M-78.31K-2.43M364.88K-683.33K
Change in Receivables-970.34K1.18M-11.02K-677.89K-600.69K669.15K-266.14K-785.97K930.8K-996.59K
Change in Inventory-68.38K-212.92K-109.1K73.38K998.75K-89.12K-122.79K-214.9K199.12K176.4K
Change in Payables1.45M366.51K-627.16K788.66K771.4K367.1K452.64K-1.24M-522.46K439.94K
Cash from Investing+-338.82K-157.23K-268.65K-9.31K4.66K-21.91K-24.51K-14.16K-878.21K-2.61K
Capital Expenditures-338.82K-157.23K-268.65K-27.44K-1.5K-21.91K-24.51K-14.16K-878.21K-2.61K
CapEx % of Revenue0.09%0.05%0.12%0.01%0%0.01%0.01%0%0.14%0%
Acquisitions----------
Investments----------
Other Investing00018.13K1.5K00000
Cash from Financing+2.92M4.22M4.83M2.8M-207.34K113.72K3.12M11.41M924.1K2.26M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid000-2.96K000000
Share Repurchases----------
Other Financing-385.11K-653.28K1.91M3.72M-270.92K113.72K-148.58K-300.21K-99.73K0
Net Change in Cash----------
Free Cash Flow+-3.67M-3.77M-5.3M-2.69M302.97K-167.48K-2M-5.42M-3.48M-4.42M
FCF Margin %-1.02%-1.13%-2.42%-0.88%0.08%-0.11%-1.04%-1.21%-0.54%-0.73%
FCF Growth %-0.62%-0.03%-0.41%0.49%1.11%-1.55%-10.92%-1.72%0.36%-0.27%
FCF per Share-1.54-9.08-12.42-6.250.38-0.21-1.79-3.38-1.74-2.01
FCF Conversion (FCF/Net Income)0.87x0.53x0.89x0.70x-0.33x0.09x0.66x1.62x0.63x1.11x
Interest Paid00033.49K00009.79K15.32K
Taxes Paid00011.01K000028.78K38.54K

Key Ratios

Metric2012201320142015201920202021202220232024
Return on Equity (ROE)-212.29%-799.12%------98.49%-61.96%-95.84%
Return on Invested Capital (ROIC)-148.99%-398.04%-905.42%-----273.69%-262.51%-277.74%
Gross Margin10.49%18.41%26.24%22.19%23.5%33.2%43.39%21.56%16.44%21.62%
Net Margin-106.46%-203.35%-258.78%-123.21%-24.38%-107.95%-156.36%-74.87%-63.77%-66.12%
Debt / Equity0.80x1.13x-----0.09x0.06x0.37x
Interest Coverage-48.21x-81.32x-10.36x-8.40x-7.25x-3.08x-9.96x-62.43x-557.05x-155.44x
FCF Conversion0.87x0.53x0.89x0.70x-0.33x0.09x0.66x1.62x0.63x1.11x
Revenue Growth28.02%-7.32%-34.65%40.53%22.07%-60.43%29.25%132.95%45.39%-7.31%

Revenue by Segment

2012201320142015202120222023
Service Revenue----264.4K308.88K443.57K
Service Revenue Growth-----16.82%43.60%
Other Revenue----5.45K--
Other Revenue Growth-------
United States491.04K487.48K642.95K----
United States Growth--0.73%31.89%----
Elimination of intersegment revenues--65.43K-----
Elimination of intersegment revenues Growth-------
Intersegment Elimination-2.73K------
Intersegment Elimination Growth-------

Revenue by Geography

2012201320142015202120222023
Republic of China (Taiwan)---2.77M1.78M3.55M5.65M
Republic of China (Taiwan) Growth-----35.51%98.96%59.13%
UNITED STATES--964.12K-133.68K918.47K852.14K
UNITED STATES Growth-----587.07%-7.22%
United States491.04K487.48K-305.24K---
United States Growth--0.73%-----
CHINA--2.21M----
CHINA Growth-------
Asia2.84M2.61M-----
Asia Growth--8.22%-----
Mexico276.8K250.24K-----
Mexico Growth--9.60%-----

Frequently Asked Questions

Growth & Financials

Iveda Solutions, Inc. (IVDA) reported $7.1M in revenue for fiscal year 2024. This represents a 1313% increase from $0.5M in 2008.

Iveda Solutions, Inc. (IVDA) saw revenue decline by 7.3% over the past year.

Iveda Solutions, Inc. (IVDA) reported a net loss of $3.7M for fiscal year 2024.

Dividend & Returns

Iveda Solutions, Inc. (IVDA) has a return on equity (ROE) of -95.8%. Negative ROE indicates the company is unprofitable.

Iveda Solutions, Inc. (IVDA) had negative free cash flow of $3.6M in fiscal year 2024, likely due to heavy capital investments.

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