Intelligent Living Reports 48.5% Revenue Drop to $2.3M in H1 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: PRnewswire
- Significant Revenue Decline: Intelligent Living reported revenues of $2.3 million for H1 2025, a 48.5% decrease year-over-year, primarily due to a slowdown in the U.S. real estate market and increased tariffs, highlighting the company's vulnerability in the current economic climate.
- Gross Margin Decline: The gross profit for the first half was $246,038, down 65% from the previous year, with the gross margin dropping from 15.7% to 10.7%, reflecting intensified competition and cost pressures, forcing the company to reassess its product mix to enhance profitability.
- Surge in Administrative Expenses: General and administrative expenses soared to $5.4 million, a 204.5% increase year-over-year, mainly due to the implementation of an equity compensation plan, indicating challenges in cost control that could impact future financial stability.
- Widening Net Loss: The net loss for H1 2025 reached $5.3 million, a 137% increase compared to the previous year, indicating significant difficulties in navigating market challenges and internal management, which may affect investor confidence.
ILAG
$0.3705+Infinity%1D
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About ILAG
Intelligent Living Application Group Inc is a holding company principally engaged in the production and sales of mechanical locks. The Company is principally engaged in the design, manufacture and sale of mechanical locks such as deadbolts, entry locks, privacy locks and passage locks. In addition, the Company is also engaged in the development, manufacture and sale of smart locks. The Company distributes its lock products in the domestic market and overseas markets including the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
