Filing Flows › Iveda Solutions (IVDA) › Q4 2024
Iveda Solutions (IVDA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Iveda Solutions (IVDA) reported revenue of $1.7M for the fourth quarter 2024 (Q4 2024), +70% from a year earlier and -27% from the quarter before. Operating margin was -103.0%, net loss $1.8M (102.4% of revenue).
Iveda Solutions, Q4 2024: revenue $1.7M (+70% year over year), operating margin -103.0%, net loss $1.8M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | -27% | +70% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $1.7M in Q4 2024, up 70% year over year and down 27% from the previous quarter. Equipment Sales was the largest line at 91% of revenue.
Gross margin was 11.9%, down 3.5 points from a year earlier. Operating costs exceeded revenue by $1.8M, an operating margin of -103.0%. Operating expenses grew 4% against revenue growth of 70%. The fastest-growing cost line was SG&A (+52%). The quarter ended with a net loss of $1.8M, wider than the previous quarter's $574K loss.
Operating cash flow was −$1.2M. Non-cash charges added back $8K of depreciation and $97K of share-based compensation. Working capital and other items added $462K. Capital expenditures of −$0K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Iveda Solutions' revenue in the fourth quarter 2024?
Iveda Solutions (IVDA) reported revenue of $1.7M for the fourth quarter 2024 (Q4 2024), +70% from a year earlier and -27% from the quarter before.
Was Iveda Solutions profitable in the fourth quarter 2024?
Operating loss was $1.8M (-103.0% of revenue) and net loss $1.8M.
Source: Iveda Solutions 10-K on SEC EDGAR.