Saturday 17 October 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. 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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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
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| 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.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| 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% |
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.
Iveda Solutions, Inc. (IVDA) Latest News
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