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ILAG · NASDAQ · Manufacturing - Tools & Accessories

Intelligent Living Application Group (ILAG)

Manufacturer of mechanical door locksets for ODM customers and the Bamberg brand.

$2.97
vs last close−0.02 (−0.67%)
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Intelligent Living Application Group Inc.ILAG
Industrials

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

CEOYu Bong Lau
ListedJul 13, 2022
ExchangeNASDAQ
HeadquartersKwai Chung, Hong Kong
CountryHong Kong
Employees198
CIK0001814963
ISINKYG4804S1194

Market cap$6.2M
EPS (ttm)−$9.45
P/E (ttm)−0.3164
ROE-242.8%
P/B1.28
P/S1.38
Dividend yieldDiv yield
Beta1.53vs XLI −0.41

No analyst consensus on record.

Not reported.

Debt to equity42.30%
Current ratio197.30%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$7.3M$4.8M$1.9M$4.5M$4.5M$3.0M$2.3M$2.2M
Net income−$233.7K−$1.4M−$2.8M−$681.0K−$2.2M−$1.4M−$5.3M−$14.0M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income−$620.0K−$1.6M−$3.0M−$905.5K−$2.3M−$1.5M−$5.4M−$11.2M
YoY growthLoss narrowedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss widenedLoss widenedLoss widened

Balance sheet, Dec 31, 2025Cash & short-term investments $645.9K · Total debt $2.1M · Total assets $8.5M · Shareholders' equity $4.9M

Revenue
$2.2M
Operating income
−$11.2M
Net income
−$14.0M
View details

No dividends on record.

Institutions0.62%12.9K shares
5 holders · as of Sep 30, 2025
Insiders11.27%234.0K shares
1 holder · as of Mar 17, 2026
Other88.11%1.83M shares
remainder

2.08M company shares as of Sep 6, 2026 · institutions as of Sep 30, 2025 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bong Yu LauInsiderdirector, 10 percent owner, officer: Chief Executive Officer
11.27%234,000filed Mar 17, 2026
Renaissance Technologies LLCInstitution
0.31%63,606as of Sep 30, 2025
Virtu Financial LLCInstitution
0.14%30,042as of Sep 30, 2025
UBS Group AGInstitution
0.10%19,795as of Sep 30, 2025
XTX Topco LtdInstitution
0.07%15,438as of Sep 30, 2025

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Allegion

    Schlage challenges North American residential mechanical locksets.

Compare

CompanyPriceChange
Intelligent Living Application Group$2.97−0.67%$6.2M1.4
Allegion$154.89+0.61%$13.09B20.216.53.1+12.7%
Median20.216.53.1+12.7%