Iveda Solutions, Inc. (IVDA)

Iveda Solutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	6.5	4.47	1.92	1.48	3.64
Revenue Growth (YoY)	45.38%	132.98%	29.21%	-59.23%	18.53%
Cost of Revenue	5.43	3.5	1.09	0.99	2.62
Gross Profit	1.07	0.96	0.83	0.49	1.02
Selling, General & Admin	4.48	4.29	3.56	1.72	1.78
Operating Expenses	4.48	4.29	3.56	1.72	1.78
Operating Income	-3.41	-3.33	-2.73	-1.23	-0.76
Interest Expense / Income	0.01	0.05	0.27	0.4	0.38
Other Expense / Income	-0.2	-0.04	-0	-0.03	-0
Pretax Income	-3.22	-3.34	-3	-1.6	-1.15
Income Tax	0.02	0	0	0	0.01
Net Income	-3.24	-3.35	-3	-1.6	-1.15
Shares Outstanding (Basic)	16	13	9	6	6
Shares Outstanding (Diluted)	16	13	9	6	6
Shares Change	24.34%	43.69%	38.29%	2.02%	83.88%
EPS (Basic)	-0.20	-0.26	-0.34	-0.24	-0.16
EPS (Diluted)	-0.20	-0.26	-0.34	-0.24	-0.16
Free Cash Flow	-3.48	-5.42	-2	-0.17	0.27
Free Cash Flow Per Share	-0.22	-0.42	-0.22	-0.03	0.04
Gross Margin	16.44%	21.56%	43.40%	33.19%	27.92%
Operating Margin	-52.51%	-74.51%	-142.10%	-82.79%	-20.99%
Profit Margin	-49.80%	-74.87%	-156.35%	-107.95%	-31.72%
Free Cash Flow Margin	-53.62%	-121.36%	-104.11%	-11.28%	7.32%
EBITDA	-3.19	-3.27	-2.71	-1.18	-0.74
EBITDA Margin	-49.11%	-73.21%	-141.30%	-79.36%	-20.27%
Depreciation & Amortization	0.02	0.02	0.02	0.03	0.03
EBIT	-3.21	-3.29	-2.72	-1.2	-0.76
EBIT Margin	-49.41%	-73.61%	-142.09%	-81.09%	-20.98%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).