IDIS International Expansion Examined
Author: Brian Karas, Published on May 05, 2016Login to read this IPVM report.
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Comments (16)
Undisclosed #1
Thanks!
Who are the authorized resellers of IDIS in the U.S.?
Related: How Do I Buy Some Game-Changing IDIS?
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Jon Dillabaugh
So their closed system (DirectIP) is their one and only claim to fame? I don't see how this is going to be a success for them here in the US. You either need to be the best or the cheapest. Middle of the road is a tough and lonely place for a no name brand. Especially when your name is very similar to a terrorist group.
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Undisclosed Manufacturer #2
Pls see the reports below from IDIS consolidated financial statements. IDIS Europe, after 4-5 years in operation, has a sales of $2.7 million or so in 2015 with $840,000 operating loss, using W1,100/$ exchange rate. In 2014 its sales were $1.93 million.
IDIS America, starting from late 2014, has $200,000 in sales with $1.54 million operating loss.
1.2.4 Affiliated Companies of IDIS Korea (From Consolidate Financial Statements)
Name
Ownership
Fiscal yearend
# of shares
Main businesses
2015
2014
IDIS Europe Limite
100%
100%
GB
12월31일
2,500,000
Security equipment sales
IDIS America(*1)
100%
100%
USA
12월31일
400,000
DVR sales
HD Pro(*2)
35.99%
49.55%
Korea
12월31일
2,133,675
CCTV cameras
-2015 (Unit:000 Won)
Name
Assets
Liabilities
Equity
Sales
Operating P/L
Net Income
IDIS Europe Limited
2,026,490
2,022,834
3,656
2,981,749
(928,194)
(981,977)
IDIS America
1,299,747
715,231
584,516
228,720
(1,694,809)
(1,683,035)
HD Pro(*1)
41,785,986
6,593,014
35,192,972
73,464,989
3,368,750
3,368,750
-2014
Name
Assets
Liabilities
Equity
Sales
Operating P/L
Net Income
IDIS Europe Limited
1,785,879
1,719,935
65,944
2,119,835
(988,302)
(993,566)
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Undisclosed #1
as it's policy is not to disclose any publicly available information...
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Undisclosed #1
Is there no IDIS cloud play? What's their take on network security?
If they copy Hik's approach they'll end up saying something like:
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