IPVM visited the HQ and factory of Intelbras, Brazil’s largest domestic CCTV company. In 2020, Intelbras opened a new 495,000 sq. ft. (46,000 m²) factory and filed for an IPO. Inside this post, the Dahua partner discusses its factory as well...
By Robert Wren Gordon - 14 days ago
IPVM visited the HQ and factory of Multilaser, Brazil's second largest domestic CCTV company. Multilaser says its security/surveillance business is projected to grow 100%+ this year and is aiming for 50% growth in 2021. Inside this post, the...
By Robert Wren Gordon - about 1 month ago
CloudWalk, one of China's 4 AI Unicorns, known inside China as the "AI National Team", for its strong state connections has filed for an IPO. This follows just a few weeks after fellow Unicorn Yitu also filed for its IPO on the same market. ...
By Isabella Cheng - about 1 month ago
Brazilian electronics firm Intelbras has filed a preliminary prospectus for an IPO with the Brazilian Securities and Exchange Commission. IPVM investigates. Revenue, Revenue Trend, EBITDA Revenue Breakdown by Segment Overseas Sales Intel...
By Robert Wren Gordon - about 1 month ago
Yitu, one of China's 4 AI Unicorns, has filed for an IPO recently on the technology-focused Shanghai STAR Market. In this post, we examine the firm's financials, growth, and products, including: Yitu background Profit loss and growth exam...
By Isabella Cheng - about 2 months ago
Many Western users may be unfamiliar with TVT, a Shenzhen company that OEMs for companies including Avycon, Speco, InVid, and Vitek. However, TVT has had a strong 2020. In this note, IPVM examines TVT's 2020 performance thus far, its Q3 2020 ...
By Isabella Cheng - 2 months ago
Zhejiang Dali, one of China's original thermal technology developers had excellent growth of 169% in H1 2020 with booming overseas fever camera sales but now reports fever camera demand has slowed significantly. In this post, we examine Zheji...
By Isabella Cheng - 2 months ago
While Hikvision's global revenue rises driven by domestic recovery, its US revenue continues to fall due to "politics and the epidemic." In this post, we examine Hikvision's Q3 2020 financial disclosures and what this means for Hikvision goin...
By Isabella Cheng - 3 months ago
While Dahua's overall revenue was up more than 12% in Q3 2020, a significant improvement from the first half of 2020, the company's operating profit is down. In this post, we examine Dahua's Q3 2020 financial disclosures and what this means f...
By Isabella Cheng - 3 months ago
Costar's financial results have been hit by the coronavirus with the company telling IPVM they are focused on "turning around" Arecont and plans for 2021. Costar made a splash acquiring Arecont in 2018, formerly one of the largest megapixel c...
By Isabella Cheng and Joey Walter - 4 months ago
While Dahua and Hikvision, helped by fever camera sales, are recovering from COVID-19 shocks, Uniview is still experiencing a sales and profit slow down. Uniview, the self-proclaimed "#3" in China video surveillance behind Dahua and Hikvision...
By Isabella Cheng - 4 months ago
While Dahua and Hikvision, helped by fever camera sales, are recovering from COVID-19 shocks, Infinova, is still experiencing significant decreases in sales and profits. However, Infinova's results are mixed. The US/China video surveillance m...
By Isabella Cheng - 5 months ago
While Dahua's overall revenue is down, driven by challenges within China, the company's overall profitability is up more than 10%, driven by a successful sales expansion into fever cameras. Although revenue has recovered somewhat since plungi...
By Isabella Cheng - 5 months ago
While Hikvision initially downplayed being sanctioned for human rights abuses, the company is now admitting a significant impact in a new PRC government filing that IPVM has reviewed. Inside this note, we examine Hikvision's previous claims, wh...
By Charles Rollet - 10 months ago
Megvii has already received more than a billion dollars in investment. Now, the company, a top China facial recognition provider, has filed for an IPO this week on the Hong Kong Stock Exchange. This 500+ page IPO document reveals significant de...
By Charles Rollet - over 1 year ago
There are hundreds of companies in the physical security markets, ranging from a flood of new startups to small companies that may or may not be secretly relabeling other companies products. How do you quickly figure out who a company is and what ...
By John Honovich - over 1 year ago
Avigilon's President and COO James Henderson is out, abruptly, after a remarkable ascension over the past 8 years, Motorola VP Jack Molloy has informed. Inside this note, we examine the move, questions about Avigilon's future and how Motorola (...
By John Honovich - over 1 year ago
RaySharp is mostly unknown, even among people in the video surveillance industry, though it is a major supplier of OEM surveillance equipment such as the camera/recorder kits sold in big box retailers like Costco. The company does this by OEMing f...
By Charles Rollet - over 1 year ago
China's e-commerce and cloud services giant Alibaba has bought 15% of the shares of Uniview's parent company, TransInfo, in a deal worth ~$500 million. The move means Uniview is now partly-owned by Alibaba, 'the Amazon of China' and the second-...
By Charles Rollet - over 1 year ago
Monitronics is entering into Chapter 11 bankruptcy. The company, also called Ascent Capital Group Inc., aka ASCMA, aka Brinks Home Security, formerly known as Moni, has struggled for some time. Update: June 1, 2019, the company has now official...
By IPVM - over 1 year ago
Milestone has released a 44-page annual report for 2018, an atypical and unrequired move for a subsidiary of a large company, however, Milestone emphasized their aim to be transparent as a 'stand-alone' company within Canon. Milestone's CEO Lar...
By John Honovich - over 1 year ago
Hikvision, in a new Chinese financial filing, has admitted that its USA sales are now falling. Less than a year after the US government passed a law banning Hikvision but still months away from it going into effect, the impact is already being ...
By John Honovich - over 1 year ago
ASCMA, aka MONI, aka Brinks Home Security has issued a warning in their most recent financials that they risk bankruptcy. In this note, based on our research we look at the following topics: What does the company's financials show How does ...
By Dan Gelinas - almost 2 years ago
ADT's stock price dropped significantly after reporting heavy losses and delays in its Amazon partnership, as seen in the screenshot below: In this note, based on our analysis of the earnings call we look at: ADT stock down to Dec. 2018 leve...
By Dan Gelinas - almost 2 years ago
Despite significant job cuts in China, Dahua's revenues grew more than 25% last year hitting a total of ~$3.5 billion USD, according to its latest annual report. In this post, we analyze Dahua’s financials, including: Revenue/Profits Analysis ...
By Charles Rollet - almost 2 years ago
.jpg)
