Tantech Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	41.98	42.94	44.63	52.97	55.26	42.28
Revenue Growth (YoY)	-7.74%	-3.79%	-15.74%	-4.15%	30.70%	-14.11%
Cost of Revenue	33.58	34	34.91	42.86	44.83	37.81
Gross Profit	8.41	8.94	9.72	10.11	10.43	4.48
Selling, General & Admin	3.46	4.92	6.03	4.15	9.05	1.93
Research & Development	0.02	0.04	0.02	0.02	8.05	0.89
Operating Expenses	3.48	4.96	6.06	4.18	18.95	2.82
Operating Income	4.93	3.98	3.66	5.93	-8.51	1.65
Interest Expense	-0.25	-0.29	-0.3	-0.48	-0.74	-0.3
Interest & Investment Income	1.37	1.89	2.23	1.61	0.12	0.05
Other Non Operating Income (Expenses)	-1.18	-3.73	0.29	0.11	0.33	-0.04
EBT Excluding Unusual Items	4.87	1.84	5.88	7.18	-8.81	1.36
Impairment of Goodwill	-	-	-	-	-	-12
Gain (Loss) on Sale of Assets	3.84	-1.01	3.56	-	0.55	-
Other Unusual Items	-0.29	-0.21	-0.17	-	-	-
Pretax Income	8.41	0.62	9.27	7.18	-8.26	-10.63
Income Tax Expense	3.12	3.11	2.36	3.14	2.43	-0.61
Earnings From Continuing Operations	5.3	-2.49	6.9	4.04	-10.69	-10.02
Earnings From Discontinued Operations	-0.48	-1.08	-1.88	-1.45	-	-
Net Income to Company	4.82	-3.57	5.02	2.59	-10.69	-10.02
Minority Interest in Earnings	0.14	0.32	0.57	0.43	2.33	3.5
Net Income	4.96	-3.24	5.58	3.02	-8.36	-6.52
Net Income to Common	4.96	-3.24	5.58	3.02	-8.36	-6.52
Net Income Growth	-5.13%	-	84.80%	-	-	-
Shares Outstanding (Basic)	1	0	0	0	-	-
Shares Outstanding (Diluted)	1	0	0	0	-	-
Shares Change (YoY)	933.91%	511.65%	175.05%	-	-	-
EPS (Basic)	4.98	-7.66	80.69	121.22	-	-
EPS (Diluted)	4.88	-7.66	80.69	120.10	-	-
EPS Growth	-90.82%	-	-32.81%	-	-	-
Free Cash Flow	-3.97	3.9	5.26	8.29	-8.31	14.03
Free Cash Flow Per Share	-3.90	9.23	76.03	329.63	-	-
Gross Margin	20.02%	20.83%	21.77%	19.09%	18.88%	10.59%
Operating Margin	11.73%	9.28%	8.20%	11.20%	-15.41%	3.91%
Profit Margin	11.82%	-7.55%	12.51%	5.70%	-15.12%	-15.42%
Free Cash Flow Margin	-9.45%	9.09%	11.79%	15.65%	-15.04%	33.17%
EBITDA	6.46	5.51	4.6	6.93	-7.6	2.53
EBITDA Margin	15.39%	12.84%	10.31%	13.08%	-13.75%	5.99%
D&A For EBITDA	1.53	1.53	0.94	1	0.92	0.88
EBIT	4.93	3.98	3.66	5.93	-8.51	1.65
EBIT Margin	11.73%	9.28%	8.20%	11.20%	-15.41%	3.91%
Effective Tax Rate	37.06%	498.33%	25.52%	43.76%	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q