Saturday 17 October 2026 Export IVDA’s income statement to Excel — free account

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. In the quarter to June 2026, revenue fell 47.5%, EPS grew 65.0%, free cash flow fell 7.79% and total debt fell 45.0%, each against the same quarter a year earlier.

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Market cap: $2.9M
P/E: 0.0×
Fwd P/E: 0.8×
Dividend yield: —
F-score: 5/9
Altman Z: −11.09
Beneish M: −3.56
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 2.93

Revenue 4.57

Net Income (3.17)

Free Cash Flow (2.93)

Net Debt (4.19)

Current Ratio 5.19

Debt/Equity 0.12

P/E ratio 0.00

Fwd P/E 0.84

P/S ratio 0.59

P/B ratio 0.50

Past 5Y EPS Growth —

This Y EPS Growth 30.00%

Next Y EPS Growth 264.29%

Next Y revenue growth 331.85%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 13.79%

10-year low 10-year high

P/B against its own 10 years 8.34%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5	3	5	5
Receivables	0	1	0	0
Inventory	0	0	0	0
Other	0	0	0	0
	6	5	6	7

	2023	2024	2025	Q'26
Payables	1	2	1	1
ST’ Debt	0	1	0	0
Other	—	—	—	—
	2	2	1	1

Compound Annual Growth %

	10y	5y	3y
Sales	—	28.89%	5.72%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	(14.21%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1	1	—	—	—
’25	1	2	2	1	5
’24	0	2	2	2	6
’23	2	2	1	1	6
’22	0	1	1	2	4
’21	0	1	0	1	2
’20	—	—	0	—	1

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(1)	—	—	—
’25	0	(1)	0	0	(2)
’24	(1)	(1)	(1)	(1)	(4)
’23	0	1	(3)	(1)	(3)
’22	(1)	(1)	(1)	(2)	(5)
’21	0	0	0	(1)	(2)
’20	—	—	0	—	0

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(1)	—	—	—
’25	0	(1)	0	0	(2)
’24	(1)	(1)	(1)	(1)	(4)
’23	0	0	(3)	(1)	(3)
’22	(1)	(1)	(1)	(2)	(5)
’21	0	0	0	(1)	(2)
’20	—	—	0	—	0

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.06)	(0.07)	—	—	—
’25	(0.28)	(0.20)	(0.07)	(0.34)	(0.88)
’24	(0.56)	(0.24)	(0.26)	(0.76)	(1.81)
’23	(0.32)	(0.40)	(0.40)	(0.96)	(1.60)
’22	(0.56)	(0.72)	(0.32)	(0.48)	(2.08)
’21	(0.70)	(0.61)	(0.42)	(0.94)	(2.68)
’20	—	—	(0.75)	—	(1.98)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	0.64	3.20	1.28	2.56	16.00	17.28	3.76	4.48	1.27	0.61	Analyst estimates 2026–2028 Powerpack
	High	49.28	28.16	18.56	32.00	35.20	156.16	144.00	23.28	10.16	7.14
People
People	Employees	—	—	—	—	—	35	32	32	32	32
	Revenue/emp, $m	—	—	—	0.00	0.00	0.05	0.14	0.20	0.19	0.17
Income, $m
Income, $m	Revenue	—	—	—	4	1	2	4	6	6	5
	Gross margin, %	—	—	—	23.50	33.20	43.40	21.56	16.43	21.62	24.11
	EBT	—	—	—	(1)	(2)	(3)	(3)	(4)	(4)	(3)
	EBT margin, %	—	—	—	(24.16)	(107.96)	(156.36)	(74.80)	(63.49)	(65.58)	(59.99)
	Net income	—	—	—	(1)	(2)	(3)	(3)	(4)	(4)	(3)
	Depreciation	—	—	—	0	0	0	0	0	0	0
Per share, $
Per share, $	Revenue	—	—	—	0.59	1.84	1.72	2.78	3.25	2.73	1.45
	Earnings	—	—	—	(0.14)	(1.98)	(2.69)	(2.08)	(1.60)	(1.81)	(0.88)
	Cash flow	—	—	—	0.05	(0.18)	(1.76)	(3.37)	(1.67)	(2.01)	(0.56)
	Capex	—	—	—	0.00	(0.03)	(0.02)	(0.01)	(0.04)	0.00	0.00
	Free cash flow	—	—	—	0.05	(0.21)	(1.79)	(3.38)	(1.71)	(2.01)	(0.56)
	Book value	—	—	—	(0.39)	(4.59)	(0.70)	4.71	2.33	1.14	1.31
	Shares, m	—	—	—	6	1	1	2	2	2	4
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	3.48	9.62	82.04	1.70	1.52	1.81	0.58
	P/B	—	—	—	0.00	0.00	0.00	1.00	2.13	4.35	0.64
	EV/Sales	—	—	—	3.21	9.87	81.51	0.18	0.86	1.52	(0.30)
	EV/FCF	—	—	—	(14.69)	(44.09)	(76.94)	(0.15)	(1.63)	(1.99)	0.79
Cash, $m
Cash, $m	Operating cash flow	—	—	—	0	0	(2)	(5)	(3)	(4)	(2)
	Capex	—	—	—	—	0	0	0	0	0	—
	Free cash flow	—	—	—	0	0	(2)	(5)	(3)	(4)	(2)
Balance, $m
Balance, $m	Working capital	—	—	—	(2)	(4)	(1)	7	4	3	5
	Total debt	—	—	—	1	1	1	1	0	1	1
	Net debt	—	—	—	1	0	(1)	(7)	(5)	(2)	(5)
	Shareholders’ equity	—	—	—	(2)	(4)	(1)	8	5	3	5
Returns, %
Returns, %	ROA	—	—	—	(39.98)	(95.11)	(141.67)	(52.06)	(51.24)	(69.32)	(55.10)
	ROIC	—	—	—	0.00	0.00	0.00	(265.82)	(1,957.80)	(329.40)	(1,787.95)
	ROE	—	—	—	44.68	51.95	133.75	(98.50)	(67.81)	(111.29)	(87.80)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SPCB SuperCom, Ltd.	$58.4M	— (loss-making)	16.6×	+13.28% (above 0%: growing)	−20.00% (below 0%: shrinking)	−109.90% (below 0%: shrinking)	60.37%	10.61%	Compare
SNT Senstar Technologies Ltd.	$32.7M	104×	—	+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.	$30.1M	— (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.	$13.5M	— (loss-making)	— (loss-making)	+228.26% (above 0%: growing)	n/m	−107.72% (below 0%: shrinking)	7.36%	(145.09%)	Compare
GFAI Guardforce AI Co., Limited	$6.5M	— (loss-making)	— (loss-making)	+0.05% (above 0%: growing)	n/m	+51.02% (above 0%: growing)	6.64%	0.00%	Compare
SUGP SU Group Holdings Limited	$4.4M	—	—	—	—	—	—	—	Compare
BKYI BIO-key International Inc.	$4.2M	— (loss-making)	— (loss-making)	+13.15% (above 0%: growing)	n/m	+4.04% (above 0%: growing)	87.19%	(27.57%)	Compare
OPNW OpenWorld, Inc.	$3.8M	— (loss-making)	— (loss-making)	−57.79% (below 0%: shrinking)	n/m	−176.67% (below 0%: shrinking)	53.51%	(29.14%)	Compare
IVDA Iveda Solutions, Inc.	$2.9M	— (loss-making)	0.8×	−47.52% (below 0%: shrinking)	n/m	−7.79% (below 0%: shrinking)	54.70%	(88.56%)
Median of peers	$10.0M	—	—	+8.21%	—	−107.72%	53.51%	0.00%

All 22 Security & Protection Services stocks →

Iveda Solutions, Inc. (IVDA) key facts

Concern: Iveda Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 million, down 12.3% from fiscal 2024.
Iveda Solutions, Inc. (IVDA) is a Security & Protection Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, IVDA traded at $0.23, a market capitalization of $2.9 million.
Return on equity was −87.8% and debt-to-equity 0.12.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −11.09 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.