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Side-by-side financial comparison of Senmiao Technology Ltd (AIHS) and Iveda Solutions, Inc. (IVDA). Click either name above to swap in a different company.

Iveda Solutions, Inc. is the larger business by last-quarter revenue ($626.0K vs $358.7K, roughly 1.7× Senmiao Technology Ltd). Iveda Solutions, Inc. runs the higher net margin — -258.6% vs -289.2%, a 30.6% gap on every dollar of revenue. On growth, Senmiao Technology Ltd posted the faster year-over-year revenue change (-60.9% vs -64.1%).

Senmiao Technology Ltd is a China-based automotive service provider that operates online used car trading platforms, offers auto financing referral services, and matches after-sales support for individual consumers and small auto dealers across domestic regional markets. Its core segments include transaction facilitation, financing consulting, and other value-added services for the domestic automotive circulation sector.

Iveda Solutions, Inc. is a technology provider specializing in cloud-based AI video surveillance, IoT-enabled smart sensing, and integrated smart city solutions. It serves public sector, enterprise, and education clients across North America and Asia, with core offerings covering remote security monitoring, smart facility management, and real-time data analysis tools for public safety use cases.

AIHS vs IVDA — Head-to-Head

Bigger by revenue
IVDA
IVDA
1.7× larger
IVDA
$626.0K
$358.7K
AIHS
Growing faster (revenue YoY)
AIHS
AIHS
+3.2% gap
AIHS
-60.9%
-64.1%
IVDA
Higher net margin
IVDA
IVDA
30.6% more per $
IVDA
-258.6%
-289.2%
AIHS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AIHS
AIHS
IVDA
IVDA
Revenue
$358.7K
$626.0K
Net Profit
$-1.0M
$-1.6M
Gross Margin
13.8%
3.6%
Operating Margin
-305.7%
-262.7%
Net Margin
-289.2%
-258.6%
Revenue YoY
-60.9%
-64.1%
Net Profit YoY
-83.5%
-7.1%
EPS (diluted)
$-0.29
$-0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIHS
AIHS
IVDA
IVDA
Q4 25
$358.7K
$626.0K
Q3 25
$906.5K
$1.7M
Q2 25
$836.0K
$1.5M
Q1 25
$809.6K
$1.5M
Q4 24
$917.0K
$1.7M
Q3 24
$742.3K
$2.4M
Q2 24
$873.8K
$1.5M
Q1 24
$-71.5K
$346.8K
Net Profit
AIHS
AIHS
IVDA
IVDA
Q4 25
$-1.0M
$-1.6M
Q3 25
$-648.7K
$-221.3K
Q2 25
$-164.4K
$-564.2K
Q1 25
$-1.8M
$-793.7K
Q4 24
$-565.3K
$-1.5M
Q3 24
$-711.4K
$-581.4K
Q2 24
$-673.4K
$-599.0K
Q1 24
$-1.4M
$-1.3M
Gross Margin
AIHS
AIHS
IVDA
IVDA
Q4 25
13.8%
3.6%
Q3 25
30.2%
31.3%
Q2 25
23.6%
29.1%
Q1 25
48.7%
19.5%
Q4 24
11.6%
11.9%
Q3 24
13.1%
17.1%
Q2 24
29.0%
32.7%
Q1 24
176.1%
52.5%
Operating Margin
AIHS
AIHS
IVDA
IVDA
Q4 25
-305.7%
-262.7%
Q3 25
-83.6%
-13.0%
Q2 25
-73.1%
-34.8%
Q1 25
-255.3%
-56.7%
Q4 24
-44.8%
-87.3%
Q3 24
-83.0%
-25.4%
Q2 24
-88.6%
-39.7%
Q1 24
2115.7%
-384.1%
Net Margin
AIHS
AIHS
IVDA
IVDA
Q4 25
-289.2%
-258.6%
Q3 25
-71.6%
-13.4%
Q2 25
-19.7%
-36.9%
Q1 25
-219.3%
-53.8%
Q4 24
-61.7%
-86.7%
Q3 24
-95.8%
-24.2%
Q2 24
-77.1%
-39.0%
Q1 24
1932.0%
-371.9%
EPS (diluted)
AIHS
AIHS
IVDA
IVDA
Q4 25
$-0.29
$-0.33
Q3 25
$-0.43
$-0.07
Q2 25
$-0.15
$-0.20
Q1 25
$1.51
$-0.28
Q4 24
$-0.54
$-0.60
Q3 24
$-0.68
$-0.27
Q2 24
$-0.64
$-0.30
Q1 24
$-0.14
$-0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIHS
AIHS
IVDA
IVDA
Cash + ST InvestmentsLiquidity on hand
$3.5M
$5.2M
Total DebtLower is stronger
$393.4K
Stockholders' EquityBook value
$397.3K
$4.8M
Total Assets
$5.7M
$6.4M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIHS
AIHS
IVDA
IVDA
Q4 25
$3.5M
$5.2M
Q3 25
$677.0K
$3.3M
Q2 25
$867.8K
$1.6M
Q1 25
$701.3K
$2.5M
Q4 24
$949.2K
$2.6M
Q3 24
$792.0K
$3.6M
Q2 24
$748.9K
$2.9M
Q1 24
$737.7K
$3.9M
Total Debt
AIHS
AIHS
IVDA
IVDA
Q4 25
$393.4K
Q3 25
$306.4K
Q2 25
$365.3K
Q1 25
$340.8K
Q4 24
$376.2K
Q3 24
$545.9K
Q2 24
$564.0K
Q1 24
$480.0K
Stockholders' Equity
AIHS
AIHS
IVDA
IVDA
Q4 25
$397.3K
$4.8M
Q3 25
$-3.1M
$3.8M
Q2 25
$-2.6M
$1.5M
Q1 25
$-2.9M
$1.7M
Q4 24
$-1.2M
$2.5M
Q3 24
$-459.2K
$4.1M
Q2 24
$159.2K
$2.8M
Q1 24
$894.9K
$3.3M
Total Assets
AIHS
AIHS
IVDA
IVDA
Q4 25
$5.7M
$6.4M
Q3 25
$4.7M
$5.8M
Q2 25
$5.3M
$4.4M
Q1 25
$5.8M
$4.5M
Q4 24
$7.9M
$5.2M
Q3 24
$8.6M
$9.1M
Q2 24
$9.2M
$6.8M
Q1 24
$9.9M
$6.6M
Debt / Equity
AIHS
AIHS
IVDA
IVDA
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.25×
Q1 25
0.20×
Q4 24
0.15×
Q3 24
0.13×
Q2 24
0.20×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIHS
AIHS
IVDA
IVDA
Operating Cash FlowLast quarter
$-865.6K
$-252.4K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIHS
AIHS
IVDA
IVDA
Q4 25
$-865.6K
$-252.4K
Q3 25
$-71.4K
$-317.0K
Q2 25
$-321.2K
$-1.3M
Q1 25
$-48.1K
$-126.0K
Q4 24
$356.1K
$-889.8K
Q3 24
$175.6K
$-1.2M
Q2 24
$16.8K
$-999.7K
Q1 24
$-247.5K
$-1.3M
Free Cash Flow
AIHS
AIHS
IVDA
IVDA
Q4 25
Q3 25
Q2 25
Q1 25
$-49.3K
Q4 24
$355.3K
$-889.8K
Q3 24
$175.6K
$-1.5M
Q2 24
$15.6K
$-1.1M
Q1 24
$-275.8K
$-1.5M
FCF Margin
AIHS
AIHS
IVDA
IVDA
Q4 25
Q3 25
Q2 25
Q1 25
-6.1%
Q4 24
38.8%
-51.1%
Q3 24
23.7%
-64.1%
Q2 24
1.8%
-72.6%
Q1 24
385.8%
-427.3%
Capex Intensity
AIHS
AIHS
IVDA
IVDA
Q4 25
Q3 25
Q2 25
Q1 25
0.1%
Q4 24
0.1%
0.0%
Q3 24
0.0%
12.5%
Q2 24
0.1%
7.5%
Q1 24
-39.6%
54.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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