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

Iveda Solutions, Inc. is the larger business by last-quarter revenue ($626.0K vs $444.9K, roughly 1.4× Nakamoto Inc.). Nakamoto Inc. runs the higher net margin — 8374.2% vs -258.6%, a 8632.8% gap on every dollar of revenue. On growth, Nakamoto Inc. posted the faster year-over-year revenue change (-26.3% vs -64.1%). Over the past eight quarters, Iveda Solutions, Inc.'s revenue compounded faster (34.4% CAGR vs -26.7%).

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.

IVDA vs NAKA — Head-to-Head

Bigger by revenue
IVDA
IVDA
1.4× larger
IVDA
$626.0K
$444.9K
NAKA
Growing faster (revenue YoY)
NAKA
NAKA
+37.7% gap
NAKA
-26.3%
-64.1%
IVDA
Higher net margin
NAKA
NAKA
8632.8% more per $
NAKA
8374.2%
-258.6%
IVDA
Faster 2-yr revenue CAGR
IVDA
IVDA
Annualised
IVDA
34.4%
-26.7%
NAKA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVDA
IVDA
NAKA
NAKA
Revenue
$626.0K
$444.9K
Net Profit
$-1.6M
$37.3M
Gross Margin
3.6%
Operating Margin
-262.7%
-41198.2%
Net Margin
-258.6%
8374.2%
Revenue YoY
-64.1%
-26.3%
Net Profit YoY
-7.1%
3820.2%
EPS (diluted)
$-0.33
$0.68

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
IVDA
IVDA
NAKA
NAKA
Q4 25
$626.0K
$444.9K
Q3 25
$1.7M
$388.2K
Q2 25
$1.5M
$408.5K
Q1 25
$1.5M
$579.7K
Q4 24
$1.7M
$603.9K
Q3 24
$2.4M
$647.9K
Q2 24
$1.5M
$639.1K
Q1 24
$346.8K
$829.0K
Net Profit
IVDA
IVDA
NAKA
NAKA
Q4 25
$-1.6M
$37.3M
Q3 25
$-221.3K
$-86.0M
Q2 25
$-564.2K
$-2.4M
Q1 25
$-793.7K
$-1.0M
Q4 24
$-1.5M
$-1.0M
Q3 24
$-581.4K
$-1.0M
Q2 24
$-599.0K
$-1.3M
Q1 24
$-1.3M
$-282.3K
Gross Margin
IVDA
IVDA
NAKA
NAKA
Q4 25
3.6%
Q3 25
31.3%
Q2 25
29.1%
Q1 25
19.5%
Q4 24
11.9%
Q3 24
17.1%
Q2 24
32.7%
Q1 24
52.5%
Operating Margin
IVDA
IVDA
NAKA
NAKA
Q4 25
-262.7%
-41198.2%
Q3 25
-13.0%
-2680.4%
Q2 25
-34.8%
-585.4%
Q1 25
-56.7%
-179.7%
Q4 24
-87.3%
-169.3%
Q3 24
-25.4%
-162.0%
Q2 24
-39.7%
-162.3%
Q1 24
-384.1%
-28.6%
Net Margin
IVDA
IVDA
NAKA
NAKA
Q4 25
-258.6%
8374.2%
Q3 25
-13.4%
-22162.2%
Q2 25
-36.9%
-590.9%
Q1 25
-53.8%
-179.1%
Q4 24
-86.7%
-165.8%
Q3 24
-24.2%
-156.5%
Q2 24
-39.0%
-206.5%
Q1 24
-371.9%
-34.1%
EPS (diluted)
IVDA
IVDA
NAKA
NAKA
Q4 25
$-0.33
$0.68
Q3 25
$-0.07
$-0.42
Q2 25
$-0.20
$-0.35
Q1 25
$-0.28
$-0.17
Q4 24
$-0.60
$-0.18
Q3 24
$-0.27
$-0.17
Q2 24
$-0.30
$-0.26
Q1 24
$-0.64
$-0.06

Balance Sheet & Financial Strength

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

Metric
IVDA
IVDA
NAKA
NAKA
Cash + ST InvestmentsLiquidity on hand
$5.2M
$22.6M
Total DebtLower is stronger
$393.4K
Stockholders' EquityBook value
$4.8M
$514.3M
Total Assets
$6.4M
$730.6M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVDA
IVDA
NAKA
NAKA
Q4 25
$5.2M
$22.6M
Q3 25
$3.3M
$24.2M
Q2 25
$1.6M
$6.0M
Q1 25
$2.5M
$1.1M
Q4 24
$2.6M
$2.3M
Q3 24
$3.6M
$3.6M
Q2 24
$2.9M
$4.7M
Q1 24
$3.9M
$287.4K
Total Debt
IVDA
IVDA
NAKA
NAKA
Q4 25
$393.4K
Q3 25
$306.4K
Q2 25
$365.3K
Q1 25
$340.8K
$64.4K
Q4 24
$376.2K
$148.8K
Q3 24
$545.9K
$205.6K
Q2 24
$564.0K
$254.7K
Q1 24
$480.0K
$710.0K
Stockholders' Equity
IVDA
IVDA
NAKA
NAKA
Q4 25
$4.8M
$514.3M
Q3 25
$3.8M
$477.6M
Q2 25
$1.5M
$9.0M
Q1 25
$1.7M
$1.5M
Q4 24
$2.5M
$2.6M
Q3 24
$4.1M
$3.5M
Q2 24
$2.8M
$4.4M
Q1 24
$3.3M
$-383.1K
Total Assets
IVDA
IVDA
NAKA
NAKA
Q4 25
$6.4M
$730.6M
Q3 25
$5.8M
$692.4M
Q2 25
$4.4M
$9.9M
Q1 25
$4.5M
$2.6M
Q4 24
$5.2M
$3.7M
Q3 24
$9.1M
$4.3M
Q2 24
$6.8M
$5.5M
Q1 24
$6.6M
$799.3K
Debt / Equity
IVDA
IVDA
NAKA
NAKA
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.25×
Q1 25
0.20×
0.04×
Q4 24
0.15×
0.06×
Q3 24
0.13×
0.06×
Q2 24
0.20×
0.06×
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
IVDA
IVDA
NAKA
NAKA
Operating Cash FlowLast quarter
$-252.4K
$-23.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.63×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVDA
IVDA
NAKA
NAKA
Q4 25
$-252.4K
$-23.5M
Q3 25
$-317.0K
$-13.2M
Q2 25
$-1.3M
$-1.9M
Q1 25
$-126.0K
$-865.1K
Q4 24
$-889.8K
$-3.1M
Q3 24
$-1.2M
$-1.0M
Q2 24
$-999.7K
$-913.5K
Q1 24
$-1.3M
$-213.4K
Free Cash Flow
IVDA
IVDA
NAKA
NAKA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-889.8K
$-3.1M
Q3 24
$-1.5M
$-1.0M
Q2 24
$-1.1M
Q1 24
$-1.5M
$-224.6K
FCF Margin
IVDA
IVDA
NAKA
NAKA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-51.1%
-511.2%
Q3 24
-64.1%
-161.7%
Q2 24
-72.6%
Q1 24
-427.3%
-27.1%
Capex Intensity
IVDA
IVDA
NAKA
NAKA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
2.2%
Q3 24
12.5%
0.3%
Q2 24
7.5%
0.0%
Q1 24
54.3%
1.3%
Cash Conversion
IVDA
IVDA
NAKA
NAKA
Q4 25
-0.63×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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