Tantech Holdings Ltd (TANH)

Tantech Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	47.32	47.32	53.49	55.26	42.28	49.23
Revenue Growth (YoY)	-14.38%	-11.54%	-3.21%	30.70%	-14.11%	66.54%
Cost of Revenue	37.14	37.14	43.4	44.83	37.81	43.25
Gross Profit	10.17	10.17	10.09	10.43	4.48	5.98
Selling, General & Admin	7.87	7.87	5.29	9.05	1.93	4.98
Research & Development	0.47	0.47	0.23	8.05	0.89	0.33
Other Operating Expenses	0	0	0	1.84	12	9.58
Operating Expenses	8.34	8.34	5.52	18.95	14.82	14.89
Operating Income	1.83	1.83	4.57	-8.51	-10.34	-8.91
Interest Expense / Income	0.42	0.42	0.6	0.74	0.3	0.44
Other Expense / Income	-6.54	-6.54	-2.19	-3.33	-3.51	-3.36
Pretax Income	7.95	7.95	6.16	-5.93	-7.13	-5.99
Income Tax	2.36	2.36	3.14	2.43	-0.61	0.36
Net Income	5.58	5.58	3.02	-8.36	-6.52	-6.36
Net Income Growth	-	84.80%	-	-	-	-
Shares Outstanding (Basic)	3	3	1	0	0	0
Shares Outstanding (Diluted)	3	3	1	0	0	0
Shares Change	1500.94%	175.05%	482.06%	40.32%	2.47%	0.37%
EPS (Basic)	2.02	2.02	3.03	-48.35	-52.93	-52.80
EPS (Diluted)	2.02	2.02	3.03	-48.35	-52.93	-52.80
EPS Growth	-	-33.33%	-	-	-	-
Free Cash Flow	4.87	4.87	8.25	-7.57	14.05	14.62
Free Cash Flow Per Share	1.76	1.76	8.27	-43.77	114.04	121.62
Gross Margin	21.50%	21.50%	18.87%	18.88%	10.59%	12.14%
Operating Margin	3.87%	3.87%	8.55%	-15.41%	-24.47%	-18.10%
Profit Margin	11.80%	11.80%	5.65%	-15.12%	-15.42%	-12.91%
Free Cash Flow Margin	10.28%	10.28%	15.42%	-13.69%	33.22%	29.70%
Effective Tax Rate	29.75%	29.75%	50.98%	-	-	-
EBITDA	8.82	8.82	7.47	-4.23	-5.95	-4.65
EBITDA Margin	18.63%	18.63%	13.96%	-7.65%	-14.08%	-9.44%
Depreciation & Amortization	0.45	0.45	0.7	0.96	0.88	0.9
EBIT	8.37	8.37	6.77	-5.19	-6.83	-5.55
EBIT Margin	17.69%	17.69%	12.65%	-9.39%	-16.16%	-11.27%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).