Note: LockState's revenues are gauged from an analysis of company filings.
LockState's Income Statement (based on Industry Averages)
LockState P&L
$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
Investor Activity
LockState has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
Date
Investors
Percent Raised
Target Size
January 30, 2024
3
100%
$7 MM
Complete list of funding rounds and total amounts in the Company Report
Trademark Applications
Trademark applications show the products and services that LockState is developing and marketing.
LockState doesn't have any recent trademark applications, indicating LockState is focusing on
its existing business rather than expanding into new products and markets.
Trademarks may include brand names, product names, logos and slogans.
Trademark
Date
KORELOCK Internet enabled electronic door locks; cloud-based electronic commercial door access control management systems comprised of a universal access control platform and access control software that allows remote management and monitoring of door locks
07/30/2021
EDGE STATE Cloud-based software services, namely, providing temporary use of non-downloadable cloud-based software, that allows remote management and monitoring of door locks in the internet of things (IoT)
05/12/2019
REMOTELOCK Internet enabled electronic door locks; cloud-based electronic commercial door access control management systems
05/30/2017
See all trademarks and details in the Full Report.
Market Share of LockState's Largest Competitors
A competitive analysis shows these companies are in the same general field as LockState, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to LockState.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
These companies are in the same general field as LockState and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.