Friday 6 November 2026
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Iveda Solutions, Inc.
IVDA Industrials Security & Protection Services
Iveda Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 million, down 12.3% from fiscal 2024.
- Revenue
- −47.5%
- EPS
- +65.0%
- Free cash flow
- −7.79%
- Total debt
- −45.0%
Quarter to June 2026, against a year earlier
0.20
0.01
+5.26%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 4 | 1 | 2 | 4 | 6 | 6 | 5 | 5 | +5.9% | — | — | — | — | |
| Gross margin, % | — | — | — | 23.50 | 33.20 | 43.40 | 21.56 | 16.43 | 21.62 | 24.11 | 32.22 | +0.6 pt | ||||||
| EBT | — | — | — | (1) | (2) | (3) | (3) | (4) | (4) | (3) | (3) | +23.2% | ||||||
| EBT margin, % | — | — | — | (24.16) | (107.96) | (156.36) | (74.80) | (63.49) | (65.58) | (59.99) | (66.72) | (35.8) pt | ||||||
| Net income | — | — | — | (1) | (2) | (3) | (3) | (4) | (4) | (3) | (3) | +23.2% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.59 | 1.84 | 1.72 | 2.78 | 3.25 | 2.73 | 1.45 | 0.39 | +16.1% | |||||
| Earnings | — | — | — | (0.14) | (1.98) | (2.69) | (2.08) | (2.07) | (1.81) | (0.88) | (0.48) | +35.8% | ||||||
| Cash flow | — | — | — | 0.05 | (0.18) | (1.76) | (3.37) | (1.67) | (2.01) | (0.56) | (0.25) | n/m | ||||||
| Capex | — | — | — | 0.00 | (0.03) | (0.02) | (0.01) | (0.04) | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | 0.05 | (0.21) | (1.79) | (3.38) | (1.71) | (2.01) | (0.56) | (0.25) | n/m | ||||||
| Book value | — | — | — | (0.39) | (4.59) | (0.70) | 4.71 | 2.33 | 1.14 | 1.31 | 0.46 | n/m | ||||||
| Shares, m | — | — | — | 6 | 1 | 1 | 2 | 2 | 2 | 4 | 7 | (8.8%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | 3.48 | 9.62 | 82.04 | 1.70 | 1.53 | 1.81 | 0.58 | 0.49 | 14.4 | ||||||
| P/B | — | — | — | 0.00 | 0.00 | 0.00 | 1.00 | 2.13 | 4.35 | 0.64 | 0.42 | 1.2 | ||||||
| EV/Sales | — | — | — | 3.21 | 9.87 | 81.51 | 0.18 | 0.86 | 1.52 | (0.30) | (0.42) | 13.8 | ||||||
| EV/FCF | — | — | — | (14.69) | (44.09) | (76.94) | (0.15) | (1.63) | (1.99) | 0.79 | 0.66 | (19.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 0 | 0 | (2) | (5) | (3) | (4) | (2) | (3) | n/m | |||||
| Capex | — | — | — | — | 0 | 0 | 0 | 0 | 0 | — | 0 | (41.3%) | ||||||
| Free cash flow | — | — | — | 0 | 0 | (2) | (5) | (3) | (4) | (2) | (3) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | (2) | (4) | (1) | 7 | 4 | 3 | 5 | 5 | n/m | |||||
| Net debt | — | — | — | 1 | 0 | (1) | (7) | (5) | (2) | (5) | (4) | n/m | ||||||
| Shareholders’ equity | — | — | — | (2) | (4) | (1) | 8 | 5 | 3 | 5 | 5 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | (39.98) | (95.11) | (141.67) | (52.06) | (51.24) | (69.32) | (55.10) | (55.68) | (15.1) pt | |||||
| ROIC | — | — | — | 0.00 | 0.00 | 0.00 | (265.82) | (1,957.80) | (329.40) | (1,787.95) | (160.49) | (1,787.9) pt | ||||||
| ROE | — | — | — | 44.68 | 51.95 | 133.75 | (98.50) | (67.81) | (111.29) | (87.80) | (91.95) | (132.5) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 35 | 32 | 32 | 32 | 32 | — | (2.2%) | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.05 | 0.14 | 0.20 | 0.19 | 0.17 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Iveda Solutions, Inc. vs peers in Security & Protection Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CIGL Concorde International Group Ltd. | $44.5M | — | — | — | — | −980.96% (below 0%: shrinking) | — | — | Compare |
| SNT Senstar Technologies Ltd. | $30.3M | 95.6× | — | +8.21% (above 0%: growing) | −70.00% (below 0%: shrinking) | +251.01% (above 0%: growing) | 64.20% | 3.29% | Compare |
| BAER Bridger Aerospace Group Holdings, Inc. | $12.0M | — (loss-making) | — (loss-making) | −0.84% (below 0%: shrinking) | n/m | −9,846.91% (below 0%: shrinking) | 37.13% | 19.72% | Compare |
| KSCP Knightscope, Inc. | $9.8M | — (loss-making) | — (loss-making) | +228.26% (above 0%: growing) | n/m | −107.72% (below 0%: shrinking) | 7.36% | (145.09%) | Compare |
| DETX Liberty Defense Holdings Ltd. | $7.3M | — | — | — | n/m | — | 2.29% | (279.56%) | Compare |
| GFAI Guardforce AI Co., Limited | $5.5M | — (loss-making) | — (loss-making) | +0.05% (above 0%: growing) | n/m | +51.02% (above 0%: growing) | 6.64% | 0.00% | Compare |
| BKYI BIO-key International Inc. | $4.8M | — (loss-making) | — (loss-making) | +13.15% (above 0%: growing) | n/m | +4.04% (above 0%: growing) | 87.19% | (27.57%) | Compare |
| SUGP SU Group Holdings Limited | $3.9M | — | — | — | — | — | — | — | Compare |
| IVDA Iveda Solutions, Inc. | $2.4M | — (loss-making) | 0.8× | −47.52% (below 0%: shrinking) | n/m | −7.79% (below 0%: shrinking) | 54.70% | (88.56%) | |
| Median of peers | $8.6M | — | — | +8.21% | — | −51.84% | 22.25% | (13.78%) |