Cxapp vs Iveda Solutions
Iveda Solutions is the larger business, with $5.3m of revenue in fiscal 2025 against $4.6m for Cxapp (1.2 times as much). Iveda Solutions grew faster (-12.3% against -35.8%). Iveda Solutions kept more of each dollar of sales as profit: a net margin of -60.6% against -294.0%.
| Latest fiscal year | CxappCXAI, 2025 | Iveda SolutionsIVDA, 2025 |
|---|---|---|
| Revenue | $4.6m | $5.3m |
| Revenue growth | -35.8% | -12.3% |
| Net income | −$13.5m | −$3.2m |
| Operating margin | — | -61.1% |
| Net margin | -294.0% | -60.6% |
| Return on equity | -91.1% | -87.8% |
| Free cash flow | −$10.4m | −$2.0m |
| Cash | $11.1m | $5.2m |
| Total debt | $12.7m | $552,932 |
| Debt to equity | — | 11.6% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 35 | — |
| Market value | $173m | $2.8m |
| Price vs our value range | — | — |
| Moat score | — | 0 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |