GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Iveda Solutions Inc (NAS:IVDA) » Definitions » Gross Margin %

Iveda Solutions (Iveda Solutions) Gross Margin % : 52.45% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Iveda Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Iveda Solutions's Gross Profit for the three months ended in Mar. 2024 was $0.18 Mil. Iveda Solutions's Revenue for the three months ended in Mar. 2024 was $0.35 Mil. Therefore, Iveda Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 52.45%.

Warning Sign:

Iveda Solutions Inc gross margin has been in long-term decline. The average rate of decline per year is -6%.


The historical rank and industry rank for Iveda Solutions's Gross Margin % or its related term are showing as below:

IVDA' s Gross Margin % Range Over the Past 10 Years
Min: 10.5   Med: 22.9   Max: 43.38
Current: 16.45


During the past 12 years, the highest Gross Margin % of Iveda Solutions was 43.38%. The lowest was 10.50%. And the median was 22.90%.

IVDA's Gross Margin % is ranked worse than
83.69% of 987 companies
in the Business Services industry
Industry Median: 34.38 vs IVDA: 16.45

Iveda Solutions had a gross margin of 52.45% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Iveda Solutions was -6.00% per year.


Iveda Solutions Gross Margin % Historical Data

The historical data trend for Iveda Solutions's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iveda Solutions Gross Margin % Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.20 33.22 43.38 21.58 16.44

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.09 11.75 16.27 15.40 52.45

Competitive Comparison of Iveda Solutions's Gross Margin %

For the Security & Protection Services subindustry, Iveda Solutions's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iveda Solutions's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Iveda Solutions's Gross Margin % falls into.



Iveda Solutions Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Iveda Solutions's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1.1 / 6.496
=(Revenue - Cost of Goods Sold) / Revenue
=(6.496 - 5.428) / 6.496
=16.44 %

Iveda Solutions's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.2 / 0.347
=(Revenue - Cost of Goods Sold) / Revenue
=(0.347 - 0.165) / 0.347
=52.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Iveda Solutions  (NAS:IVDA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Iveda Solutions had a gross margin of 52.45% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Iveda Solutions Gross Margin % Related Terms

Thank you for viewing the detailed overview of Iveda Solutions's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Iveda Solutions (Iveda Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).
Executives
Joe Farnsworth director 460 SOUTH GREENFIELD ROAD, MESA AZ 85206
Chi-kuang Sid Sung officer: President 7098 PHYLLIS AVENUE, SAN JOSE CA 95129
Squirrel-away Llc director 7500 E PINNACLE PEAK ROAD, SUITE A-106, SCOTTSDALE AZ 85255
Robert J Brilon officer: CFO/Exec. V.P. 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Brian Lee Duling officer: CFO/Treasurer 1201 S. ALMA ROAD, SUITE 8500, MESA AZ 85210
Luz Berg officer: Chief Operating Officer & CMO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Robert Gillen director 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Alejandro Franco director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Richard Casper Gibson officer: SVP of Global Sales & Support 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Lynne Phillis officer: Controller 1201 S ALMA SCHOOL RD, SUITE 4450, MESA AZ 85210
David Ly director, 10 percent owner, officer: President and CEO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Alex Kuo officer: See remarks 210-2101 W 38TH AVENUE, VANCOUVER A1 V6M 1R9
William M Walsh 10 percent owner 117 NORTH 2ND AVENUE, STERLING CO 80751
Steven G Wollach officer: Chief Financial Officer C/O INTERACTIVE OBJECTS INC, 214 PINE STREET SUITE 800, SEATTLE WA 98101
James D Staudohar director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210