I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q1, the actual value is USD 1.475 M.
EPS: As of FY2025 Q1, the actual value is USD -0.28.
EBIT: As of FY2025 Q1, the actual value is USD -793.67 K.
Segment Revenue
- Equipment Sales: $1,408,732 for the three months ended March 31, 2025, compared to $227,038 for the same period in 2024.
- Service Revenue: $65,844 for the three months ended March 31, 2025, compared to $119,728 for the same period in 2024.
Operational Metrics
- Net Loss: -$793,672 for the three months ended March 31, 2025, compared to -$1,289,596 for the same period in 2024.
- Gross Profit: $288,211 for the three months ended March 31, 2025, compared to $181,880 for the same period in 2024.
- Operating Expenses: $1,123,770 for the three months ended March 31, 2025, compared to $1,513,759 for the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: -$125,966 for the three months ended March 31, 2025, compared to -$1,293,473 for the same period in 2024.
Unique Metrics
- Revenue from Taiwan Government: $611,885 for the three months ended March 31, 2025.
Future Outlook and Strategy
- Core Business Focus: Iveda aims to leverage its position in the smart city technologies market, which is projected to grow significantly, with plans to expand its AI-driven video surveillance solutions and IoT platforms globally.
- Non-Core Business: The company is focusing on enhancing its product offerings, including smart power solutions and smart pole solutions, to support city deployments and improve urban management.