Intelligent Living Application Group
Manufacturer of mechanical door locksets for ODM customers and the Bamberg brand.
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Profile
Designs and manufactures mechanical door locksets, selling mostly ODM products to North American importers, builders and construction customers alongside the Bamberg brand. Its holding-company structure links Hong Kong design and sales channels to a Dongguan factory, with revenue coming from one-time lock sales.
Designs, manufactures and sells mechanical indoor and outdoor door locksets, including deadbolts, entry, privacy, passage and storeroom products. Most products are original-design-manufacturing work for U.S. importers, builders and construction-market customers, while Bamberg is the self-branded line sold in Southeast Asia and online.
Coordinates design from Hong Kong, manufacturing at a leased Dongguan facility, and sales through channels serving North America and other markets. Revenue comes from one-time product sales; locksets are the sole revenue source after the smart-lock project ended. Operations depend on a single manufacturing site, U.S. demand and tariffs, a concentrated customer base, and cash transfers from Hong Kong and PRC subsidiaries that are subject to foreign-exchange and dividend rules.
Company facts
Categories
Key statistics
Year to date −17.6% · Average volume (30d) 2.6K
Analysts
No analyst consensus on record.
Earnings
Not reported.
Financial highlights
| 12 quarters | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.9M | $4.5M | $4.5M | $3.0M | $2.3M | $2.2M | |
| Gross profit | $186.7K | $446.6K | $702.2K | $609.5K | $246.0K | −$116.2K | |
| Operating income | −$3.0M | −$905.5K | −$2.3M | −$1.5M | −$5.4M | −$11.2M | |
| Net income | −$2.8M | −$681.0K | −$2.2M | −$1.4M | −$5.3M | −$14.0M | |
| Diluted EPS | −$1.60 | −$0.38 | −$1.20 | −$0.80 | −$2.70 | −$6.75 | |
| Gross margin | 9.6% | 9.9% | 15.7% | 20.1% | 10.7% | -5.3% | |
| Operating margin | -154.4% | -20.1% | -52.1% | -50.8% | -232.8% | -511.5% |
Revenue by geography · FY25
Balance sheet, Dec 31, 2025Cash & short-term investments $645.9K · Total debt $2.1M · Total assets $8.5M · Shareholders' equity $4.9M
Dividends
No dividends on record.
Ownership
Shares outstanding 2.08M · Float 986.4K · 47.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Bong Lau | 1.43M | 43.80% | 13D | Mar 20, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Allegion
Schlage challenges North American residential mechanical locksets.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Intelligent Living Application Group | $3.20 | +2.24% | $6.8M | — | — | 1.5 | — |
| Allegion | $158.87 | +0.86% | $13.39B | 20.7 | 16.8 | 3.1 | +12.7% |
| Median | 20.7 | 16.8 | 3.1 | +12.7% |