# IVEDA SOLUTIONS, INC. (IVDA) · Edgar & Edgarette company card

> Iveda Solutions (IVDA) saw revenue fall 12.3% in FY2025 to $5 million, operating margin -61.1% against a 0.9% median for prepackaged software, equity 74.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1397183 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/IVDA) · [JSON](https://www.pops4.com/boards/company/IVDA.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $5M |
| Revenue growth, 1 year | -12.3% |
| Revenue growth per year | 28.8% |
| Operating margin | -61.1% (prior year -67.6%) |
| Net margin | -60.6% |
| Operating cash flow | −$2M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $5M |
| Long-term debt | $393,432 |
| Total assets | $6M |
| Total equity | $5M |
| Equity ÷ assets | 74.4% |
| Return on equity | -66.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -23.93 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -3.56 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative; operating loss: a margin of -61.1% in FY2025; revenue is hard to predict: its 80% range is ±60%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $5.3M (FY2025), total debt $393K. Experience: revenue down 12.3% on the year, up 28.8% a year over 4 years; operating margin -61.1%, up from -67.6%. Soundness: equity 74.4% of assets, return on equity -66.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.5M and $10.1M next year (method v4.1: its own 5-year record of growth weighed at 57% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.3M to $11.1M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -61.1% against a 0.9% median; growth -12.3% against 13.0%.

Range logged 2026-09-29, receipt 55cd92cdd6612b2d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 3, latest 2026-09-09 ([filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226041878/0001493152-26-041878-index.htm))

## Recent filings

- DEF 14A · filed 2026-10-16 · [filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226047348/0001493152-26-047348-index.htm)
- 8-K · filed 2026-09-09 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226041878/0001493152-26-041878-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226038440/0001493152-26-038440-index.htm)
- 10-Q · filed 2026-05-15 · [filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226023706/0001493152-26-023706-index.htm)
- 10-K · filed 2026-03-31 · [filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226014179/0001493152-26-014179-index.htm)
- 8-K · filed 2026-03-06 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1397183/000149315226009156/0001493152-26-009156-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001397183.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1397183

## Cite

POPS4, Edgar & Edgarette: IVEDA SOLUTIONS, INC. (IVDA) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/IVDA. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.