Iveda Solutions (IVDA) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Iveda Solutions Revenue Highlights

Latest Revenue (Y)

$6.50M

Latest Revenue (Q)

$2.40M

Main Segment (Y)

Service Revenue

Main Geography (Y)

Republic of China (Taiwan)

Iveda Solutions Revenue by Period

Iveda Solutions Revenue by Year

Date	Revenue	Change
2023-12-31	$6.50M	45.38%
2022-12-31	$4.47M	132.98%
2021-12-31	$1.92M	29.21%
2020-12-31	$1.48M	-60.42%
2019-12-31	$3.75M	22.08%
2015-12-31	$3.07M	40.53%
2014-12-31	$2.19M	-34.66%
2013-12-31	$3.35M	-7.31%
2012-12-31	$3.61M	28.04%
2011-12-31	$2.82M	199.86%
2010-12-31	$940.01K	42.48%
2009-12-31	$659.76K	30.47%
2009-01-31	$505.67K	100.00%
2008-01-31	-	-

Iveda Solutions generated $6.50M in revenue during NA 2023, up 45.38% compared to the previous quarter, and up 211.48% compared to the same period a year ago.

Iveda Solutions Revenue by Quarter

Date	Revenue	Change
2024-09-30	$2.40M	56.33%
2024-06-30	$1.53M	342.39%
2024-03-31	$346.77K	-66.21%
2023-12-31	$1.03M	17.58%
2023-09-30	$872.76K	-63.51%
2023-06-30	$2.39M	8.46%
2023-03-31	$2.21M	4.08%
2022-12-31	$2.12M	44.41%
2022-09-30	$1.47M	125.23%
2022-06-30	$651.41K	182.17%
2022-03-31	$230.86K	-62.35%
2021-12-31	$613.12K	49.01%
2021-09-30	$411.45K	-26.62%
2021-06-30	$560.69K	68.59%
2021-03-31	$332.58K	4.06%
2020-12-31	$319.60K	14.86%
2020-09-30	$278.24K	-32.18%
2020-06-30	$410.28K	-7.43%
2020-03-31	$443.20K	30.88%
2016-06-30	$338.62K	-17.91%
2016-03-31	$412.52K	-56.43%
2015-12-31	$946.85K	15.00%
2015-09-30	$823.37K	6.16%
2015-06-30	$775.56K	47.50%
2015-03-31	$525.82K	-45.83%
2014-12-31	$970.61K	98.48%
2014-09-30	$489.01K	39.21%
2014-06-30	$351.26K	-6.30%
2014-03-31	$374.86K	-72.58%
2013-12-31	$1.37M	140.27%
2013-09-30	$568.92K	-28.36%
2013-06-30	$794.17K	29.09%
2013-03-31	$615.22K	-57.76%
2012-12-31	$1.46M	282.11%
2012-09-30	$381.17K	-64.06%
2012-06-30	$1.06M	49.19%
2012-03-31	$710.83K	-48.16%
2011-12-31	$1.37M	133.08%
2011-09-30	$588.34K	2.29%
2011-06-30	$575.17K	102.59%
2011-03-31	$283.90K	-37.11%
2010-12-31	$451.41K	147.46%
2010-09-30	$182.42K	-5.73%
2010-06-30	$193.50K	71.72%
2010-03-31	$112.68K	-32.94%
2009-12-31	$168.03K	5.36%
2009-07-31	$159.48K	100.00%
2009-04-30	-	100.00%
2009-01-31	-	100.00%
2008-10-31	-	-100.00%
2008-07-31	$505.67K	100.00%
2008-04-30	-	100.00%
2008-01-31	-	100.00%
2007-10-31	-	100.00%
2007-07-31	-	100.00%
2007-04-30	-	100.00%
2006-10-31	-	-

Iveda Solutions generated $2.40M in revenue during Q3 2024, up 56.33% compared to the previous quarter, and up 100.27% compared to the same period a year ago.

Iveda Solutions Revenue Breakdown

Iveda Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21
Service Revenue	$443.57K	$308.88K	$264.40K
Other Revenue	-	-	$5.45K

Iveda Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service Revenue (100.00%).

Quarterly Revenue by Product

Product/Service	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Service Revenue	$88.70K	$119.73K	$79.15K	$87.70K	$75.77K	$200.95K	$102.15K	$104.83K	$60.56K	$41.34K	$44.99K	$106.43K
Equipment Sales	-	$227.04K	-	-	-	-	-	-	-	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	-	$4.26K

Iveda Solutions's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service Revenue (100.00%).

Iveda Solutions Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21
UNITED STATES	$852.14K	$918.47K	$133.68K
Republic of China (Taiwan)	$5.65M	$3.55M	$1.78M

Iveda Solutions's latest annual revenue breakdown by geography, as of Dec 23: Republic of China (Taiwan) (86.89%), and UNITED STATES (13.11%).

Quarterly Revenue by Country

Country	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Republic of China (Taiwan)	$1.57M	$263.57K	-	$4.67M	$1.98M	$1.70M	$1.08M	$445.62K	$324.70K	$538.64K	$1.25M	-
UNITED STATES	$315.06K	$84.71K	-	$799.36K	$557.31K	$226.66K	$421.51K	$385.00K	$104.07K	$7.88K	$74.48K	$59.20K
Service Revenue	-	-	-	-	-	$200.95K	-	-	-	-	-	-

Iveda Solutions's latest quarterly revenue breakdown by geography, as of Jun 24: Republic of China (Taiwan) (83.25%), and UNITED STATES (16.75%).

Iveda Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ADT	ADT	$4.98B	$1.22B
BCO	Brink's Company	$4.87B	$-2.49B
ALLE	Allegion	$3.65B	$967.10M
MG	Mistras Group	$705.47M	$182.69M
BAER	Bridger Aerospace Group	$66.71M	$64.51M
GFAI	Guardforce AI	$36.28M	$17.87M
SPCB	SuperCom	$26.57M	$6.85M
KSCP	Knightscope	$12.80M	$2.54M
LGMK	LogicMark	$9.93M	$2.85M
IVDA	Iveda Solutions	$6.50M	$2.40M

IVDA Revenue FAQ

What is Iveda Solutions’s yearly revenue?

Iveda Solutions's yearly revenue for 2023 was $6.5M, representing an increase of 45.38% compared to 2022. The company's yearly revenue for 2022 was $4.47M, representing an increase of 132.98% compared to 2021. IVDA's yearly revenue for 2021 was $1.92M, representing an increase of 29.21% compared to 2020.

What is Iveda Solutions’s quarterly revenue?

Iveda Solutions's quarterly revenue for Q3 2024 was $2.4M, a 56.33% increase from the previous quarter (Q2 2024), and a 174.78% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.53M, a 342.39% increase from the previous quarter (Q1 2024), and a -35.86% decrease year-over-year (Q2 2023). IVDA's quarterly revenue for Q1 2024 was $346.77K, a -66.21% decrease from the previous quarter (Q4 2023), and a -84.27% decrease year-over-year (Q1 2023).

What is Iveda Solutions’s revenue growth rate?

Iveda Solutions's revenue growth rate for the last 3 years (2021-2023) was 238.71%, and for the last 5 years (2019-2023) was 73.22%.

What are Iveda Solutions’s revenue streams?

Iveda Solutions's revenue streams in c 23 are Service Revenue

What is Iveda Solutions’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Iveda Solutions was Service Revenue. This segment made a revenue of $443.57K, representing 100.00% of the company's total revenue.