Intelligent Living Application: Struggling To Scale

Gary Bourgeault profile picture
Gary Bourgeault


  • Intelligent Living Application competes in a growth market but is struggling to gain a share in the markets it's competing in.
  • The company went public on July 13, 2022, for the primary purpose of raising capital to do R&D on smart locksets.
  • Limitations on the company are holding it back from gaining momentum and scaling.
  • Any growth in the company will be incremental until it finds ways to gain mindshare in the U.S. market, where the bulk of its sales is made.
  • The risk doesn't appear to be worth the reward at this stage of its growth.

Safety and security concept. Door with many locks. 3D rendered illustration.

vchal/iStock via Getty Images

Intelligent Living Application Group (NASDAQ:ILAG) is a company that went public on the Nasdaq on July 13, 2022, for the primary purpose of raising capital for R&D on software for its smart locksets.

The U.S. is its

This article was written by

Gary Bourgeault profile picture
I am a former investment advisor and owner of several businesses. These days I invest only for myself while continuing to write on a variety of financial and economic topics.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.