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Ido Security Inc

Ido Security Inc, trading under the stock symbol IDOI, is a publicly traded company on the OTC Markets Group's OTCQB marketplace in the United States. The company specializes in the design, development, and manufacturing of security and surveillance solutions, including facial recognition technology and other biometric identification systems.

Regarding financials, Ido Security Inc reported revenue of $1,123,000 for the 3 months ended September 30, 2022, representing a decrease of 20.1% compared to the same period in the previous year. The company's net loss for the same period was $455,000, compared to a net loss of $288,000 in the same period in 2021, representing an increase in net loss of 58.3%.

In terms of growth, Ido Security Inc has been expanding its product offerings and entering new markets, including a partnership with a leading company in the security and surveillance industry. However, the company's revenue has been declining compared to previous years, and they have yet to achieve profitability.

It's worth noting that analyzing a company's financials and growth prospects can be complex, and potential investors should conduct their due diligence and consult with financial advisors before making investment decisions. Additionally, investing in publicly traded companies always carries risk, and investors should be prepared for potential losses as well as gains.

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