ADSV Stock - Allied Security Innovations, Inc.
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Financial Statements
| Metric | FY2017 | FY2016 | FY2015 | FY2010 | FY2009 |
|---|---|---|---|---|---|
| Revenue | $359,378 | $441,221 | $541,704 | $3.43M | $3.60M |
| Gross Profit | $226,602 | $302,998 | $388,386 | $2.41M | $2.21M |
| Gross Margin | 63.1% | 68.7% | 71.7% | 70.4% | 61.4% |
| Operating Income | $49,248 | $85,256 | $102,120 | $318,854 | $-2,515,028 |
| Net Income | $-33,762 | $-16,056 | $-30,240 | $16.45M | $-5,217,710 |
| Net Margin | -9.4% | -3.6% | -5.6% | 479.3% | -145.0% |
| EPS | $0.00 | $-0.00 | $0.00 | $0.09 | $-0.81 |
Allied Security Innovations, Inc., through its subsidiary, CGM Applied Security Technologies, Inc., manufactures and distributes indicative and barrier security seals, security tapes, and related packaging security systems in the United States and internationally. It also provides protective security products for palletized cargo; and physical security systems for tractors, trailers, and containers, as well as various specialized authentication products. The company's principal products include tapes, self-wound security tapes, void labels and void tapes for bag closure, SUPERSEALS, custom coated products, conductive inks and membrane switch components, electro-magnetic asset protection systems, locks, sentry sensors, and other related items. It provides its products for use in aircraft and truck seals, fiber and steel drum seals, motor vehicle inspection seals, pharmaceutical packaging, box or container closure seals, cash bag components, computer seals, validation devices, general security products, and law enforcement agencies. The company also develops, assembles, markets, and installs computer systems, which capture video, digitally captured images, and scanned images; digitizes the image; links the digitized images to text/data; and stores the image and text on a computer database, which allows for transmitting the image and text by computer or telecommunication links to remote locations. In addition, it offers maintenance and support, and related services; and software. The company serves producers of various items, such as perfumes, computers, silicon chips, jewelry, and cash and negotiable documents. The company was formerly known as Digital Descriptor Systems, Inc. and changed its name Allied Security Innovations, Inc. in December 2006. Allied Security Innovations, Inc. was founded in 1986 and is based in West Palm Beach, Florida.
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