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

Iveda Solutions, Inc. is the larger business by last-quarter revenue ($626.0K vs $461.0K, roughly 1.4× SciSparc Ltd.). Iveda Solutions, Inc. runs the higher net margin — -258.6% vs -2041.6%, a 1783.1% gap on every dollar of revenue. On growth, SciSparc Ltd. posted the faster year-over-year revenue change (-45.1% vs -64.1%).

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.

SciSparc Ltd. is a clinical-stage biopharmaceutical company focused on developing novel therapies for unmet medical needs in the neurological, psychiatric, and gastrointestinal disorder segments. It operates across global biotech markets, leveraging proprietary cannabinoid-based formulation technologies to advance its pipeline of therapeutic candidates.

IVDA vs SPRC — Head-to-Head

Bigger by revenue
IVDA
IVDA
1.4× larger
IVDA
$626.0K
$461.0K
SPRC
Growing faster (revenue YoY)
SPRC
SPRC
+18.9% gap
SPRC
-45.1%
-64.1%
IVDA
Higher net margin
IVDA
IVDA
1783.1% more per $
IVDA
-258.6%
-2041.6%
SPRC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
IVDA
IVDA
SPRC
SPRC
Revenue
$626.0K
$461.0K
Net Profit
$-1.6M
$-9.4M
Gross Margin
3.6%
78.1%
Operating Margin
-262.7%
-588.5%
Net Margin
-258.6%
-2041.6%
Revenue YoY
-64.1%
-45.1%
Net Profit YoY
-7.1%
-155.8%
EPS (diluted)
$-0.33
$17.92

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
SPRC
SPRC
Q4 25
$626.0K
Q3 25
$1.7M
Q2 25
$1.5M
$461.0K
Q1 25
$1.5M
Q4 24
$1.7M
$466.0K
Q3 24
$2.4M
Q2 24
$1.5M
$840.0K
Q1 24
$346.8K
Net Profit
IVDA
IVDA
SPRC
SPRC
Q4 25
$-1.6M
Q3 25
$-221.3K
Q2 25
$-564.2K
$-9.4M
Q1 25
$-793.7K
Q4 24
$-1.5M
$-3.8M
Q3 24
$-581.4K
Q2 24
$-599.0K
$-3.7M
Q1 24
$-1.3M
Gross Margin
IVDA
IVDA
SPRC
SPRC
Q4 25
3.6%
Q3 25
31.3%
Q2 25
29.1%
78.1%
Q1 25
19.5%
Q4 24
11.9%
6.9%
Q3 24
17.1%
Q2 24
32.7%
56.4%
Q1 24
52.5%
Operating Margin
IVDA
IVDA
SPRC
SPRC
Q4 25
-262.7%
Q3 25
-13.0%
Q2 25
-34.8%
-588.5%
Q1 25
-56.7%
Q4 24
-87.3%
-813.1%
Q3 24
-25.4%
Q2 24
-39.7%
-419.9%
Q1 24
-384.1%
Net Margin
IVDA
IVDA
SPRC
SPRC
Q4 25
-258.6%
Q3 25
-13.4%
Q2 25
-36.9%
-2041.6%
Q1 25
-53.8%
Q4 24
-86.7%
-813.9%
Q3 24
-24.2%
Q2 24
-39.0%
-438.0%
Q1 24
-371.9%
EPS (diluted)
IVDA
IVDA
SPRC
SPRC
Q4 25
$-0.33
Q3 25
$-0.07
Q2 25
$-0.20
$17.92
Q1 25
$-0.28
Q4 24
$-0.60
$-8.82
Q3 24
$-0.27
Q2 24
$-0.30
$35.70
Q1 24
$-0.64

Balance Sheet & Financial Strength

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

Metric
IVDA
IVDA
SPRC
SPRC
Cash + ST InvestmentsLiquidity on hand
$5.2M
$1.5M
Total DebtLower is stronger
$393.4K
Stockholders' EquityBook value
$4.8M
$-81.0K
Total Assets
$6.4M
$5.1M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVDA
IVDA
SPRC
SPRC
Q4 25
$5.2M
Q3 25
$3.3M
Q2 25
$1.6M
$1.5M
Q1 25
$2.5M
Q4 24
$2.6M
$1.5M
Q3 24
$3.6M
Q2 24
$2.9M
$252.0K
Q1 24
$3.9M
Total Debt
IVDA
IVDA
SPRC
SPRC
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
IVDA
IVDA
SPRC
SPRC
Q4 25
$4.8M
Q3 25
$3.8M
Q2 25
$1.5M
$-81.0K
Q1 25
$1.7M
Q4 24
$2.5M
$8.9M
Q3 24
$4.1M
Q2 24
$2.8M
$8.7M
Q1 24
$3.3M
Total Assets
IVDA
IVDA
SPRC
SPRC
Q4 25
$6.4M
Q3 25
$5.8M
Q2 25
$4.4M
$5.1M
Q1 25
$4.5M
Q4 24
$5.2M
$10.3M
Q3 24
$9.1M
Q2 24
$6.8M
$10.5M
Q1 24
$6.6M
Debt / Equity
IVDA
IVDA
SPRC
SPRC
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
IVDA
IVDA
SPRC
SPRC
Operating Cash FlowLast quarter
$-252.4K
$-1.9M
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
IVDA
IVDA
SPRC
SPRC
Q4 25
$-252.4K
Q3 25
$-317.0K
Q2 25
$-1.3M
$-1.9M
Q1 25
$-126.0K
Q4 24
$-889.8K
$-2.9M
Q3 24
$-1.2M
Q2 24
$-999.7K
$-2.2M
Q1 24
$-1.3M
Free Cash Flow
IVDA
IVDA
SPRC
SPRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-889.8K
Q3 24
$-1.5M
Q2 24
$-1.1M
$-2.2M
Q1 24
$-1.5M
FCF Margin
IVDA
IVDA
SPRC
SPRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-51.1%
Q3 24
-64.1%
Q2 24
-72.6%
-261.7%
Q1 24
-427.3%
Capex Intensity
IVDA
IVDA
SPRC
SPRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
12.5%
Q2 24
7.5%
0.1%
Q1 24
54.3%

Financial Flow Comparison

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

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