Iveda Solutions | 10-Q: FY2025 Q3 Revenue: USD 1.652 M

LB filings
2025.11.14 13:04
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Revenue: As of FY2025 Q3, the actual value is USD 1.652 M.

EPS: As of FY2025 Q3, the actual value is USD -0.07.

EBIT: As of FY2025 Q3, the actual value is USD -207.99 K.

Segment Revenue

  • Total Revenue: $4,654,270 for the nine months ended September 30, 2025, compared to $4,278,983 for the same period in 2024, representing an increase of 9%.
  • US Revenue: $697,032 for the nine months ended September 30, 2025, compared to $629,028 for the same period in 2024.
  • Taiwan Revenue: $3,957,238 for the nine months ended September 30, 2025, compared to $3,649,955 for the same period in 2024.

Operational Metrics

  • Net Loss: -$1,579,225 for the nine months ended September 30, 2025, compared to -$2,469,950 for the same period in 2024, showing a decrease in net loss by 36%.
  • Gross Profit: $1,250,258 for the nine months ended September 30, 2025, compared to $1,093,540 for the same period in 2024, indicating a gross margin increase from 26% to 27%.
  • Operating Expenses: $2,832,480 for the nine months ended September 30, 2025, compared to $3,642,749 for the same period in 2024, reflecting a decrease of 22%.

Cash Flow

  • Net Cash Used in Operating Activities: -$1,775,080 for the nine months ended September 30, 2025, compared to -$3,529,933 for the same period in 2024.
  • Net Cash Provided by Financing Activities: $2,382,949 for the nine months ended September 30, 2025, compared to $2,319,084 for the same period in 2024.

Unique Metrics

  • Accounts Receivable Concentration: 74% of total accounts receivable at September 30, 2025, was from three customers, with SECURITY INTEGRATION & CONSULTANT TECHNOLOGY CO., LTD. accounting for 33%.

Future Outlook and Strategy

  • Core Business Focus: Iveda Solutions, Inc. aims to leverage its AI-driven video surveillance solutions and IoT platforms to capitalize on the growing smart city market, which is projected to grow significantly in the coming years.
  • Non-Core Business: The company is focusing on expanding its product offerings, including smart power solutions and smart city technologies, to enhance its market presence and drive future growth.