Taoping Inc. (TAOP)

NASDAQ: TAOP · IEX Real-Time Price · USD
0.940
+0.020 (2.17%)
May 8, 2024, 10:10 AM EDT - Market open
2.17%
Market Cap 1.47M
Revenue (ttm) 38.64M
Net Income (ttm) -697,941
Shares Out 1.56M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 1.92
Dividend n/a
Ex-Dividend Date n/a
Volume 12,857
Open 0.940
Previous Close 0.920
Day's Range 0.920 - 0.940
52-Week Range 0.750 - 10.200
Beta 0.76
Analysts n/a
Price Target n/a
Earnings Date May 21, 2024

About TAOP

Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. It operates through Cloud-Based Technology and Traditional Information Technology segments. The company offers cloud-based software as a service to automate the interactive workflows between advertising agencies and their customers, including establishing new advertising projects, submitting advertisement prop... [Read more]

Sector Technology
Founded 1993
Employees 63
Stock Exchange NASDAQ
Ticker Symbol TAOP
Full Company Profile

Financial Performance

In 2023, Taoping's revenue was $38.64 million, an increase of 59.43% compared to the previous year's $24.23 million. Losses were -$697,941, -90.14% less than in 2022.

Financial Statements

News

Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024

SHENZHEN, China , April 25, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligenc...

13 days ago - PRNewsWire

Taoping Reports Record 1Q 2024 Contract Revenue with 53% Increase Compared to 1Q 2023

SHENZHEN, China , April 9, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence...

4 weeks ago - PRNewsWire

Taoping Reports Record 78% Year-Over-Year Contract Revenue Growth for January

SHENZHEN, China, Feb. 7, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence s...

3 months ago - PRNewsWire

Taoping Continues to Build Revenue Momentum With its Innovative Off-Grid Wastewater Treatment Solutions; New Project Completions and Order Pipeline Both Continue to Expand

SHENZHEN, China , Jan. 25, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart Cloud platform services and solutions, new media and artificial intelligence...

3 months ago - PRNewsWire

Taoping Reports 80% Increase in Contract Revenue Value for the Full Year 2023

SHENZHEN, China , Jan. 16, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), today reported an 80% increase in the Company's contract revenue value for the full year of 2023, as compare...

4 months ago - PRNewsWire

Taoping Awarded RMB16.2 Million Contract to Provide AI Servers to Fuzhou Shenpeng Technology

SHENZHEN, China , Dec. 11, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), today announced the Company was awarded a RMB16.2 million contract to provide AI servers to Fuzhou Shenpeng ...

5 months ago - PRNewsWire

Taoping Awarded RMB15 Million Cloud-Based Data Analytics Services Contract; Expands Reach to Mining Industry

SHENZHEN, China , Nov. 8, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), today announced the Company was awarded a RMB15 million contract to provide integrated, cloud-based data anal...

6 months ago - PRNewsWire

Taoping Awarded RMB10 Million Cloud-Based Advertising Services Contract

SHENZHEN, China , Oct. 31, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), today announced the Company was awarded a RMB10 million contract to provide cloud-based advertising services...

6 months ago - PRNewsWire

ALERT: Taoping Contract Revenue Value Jumps Nearly 100% in First Nine Months of 2023

SHENZHEN, China , Oct. 12, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), today reported a nearly 100% year-over-year increase in the Company's contract revenue value for its cloud-b...

7 months ago - PRNewsWire

Taoping Reports First Half 2023 Financial Results

93% Increase in Revenue Compared to First Half of 2022 10% Improvement in Net Loss Compared to First Half of 2022 Company Expects Continued Growth in Second Half of 2023 SHENZHEN, China , Sept. 1, 202...

8 months ago - PRNewsWire

Taoping Regains Compliance with Nasdaq Minimum Bid Price Requirement

SHENZHEN, China , Aug. 16, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company" or "Taoping"), today announced that on August 15, 2023, it received notification from The Nasdaq Stock Market ...

9 months ago - PRNewsWire

Taoping Announces 1-for -10 Reverse Stock Split

SHENZHEN, China , July 31, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company" or "Taoping"), today announced that the board of directors of the Company approved a one-for-ten reverse stock...

10 months ago - PRNewsWire

Taoping Contract Revenue Value Surges 95% YoY 1H 2023

SHENZHEN, China , July 11, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today reported a 95% increase in contract revenue value for its cloud-based product, software a...

10 months ago - PRNewsWire

Taoping Expands in Jiangxi Province with AI-Aided Smart City Strategic Cooperation

SHENZHEN , June 26, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today announced the Company is expanding into the Jiangxi Province and has entered into a new strategi...

11 months ago - PRNewsWire

Taoping Launches AI-Aided Innovative New, Rapid, Off-grid Wastewater Treatment Solutions Bring "Clean Water for a Cleaner World"

SHENZHEN, China , June 20, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today announced the launch of the Company's AI-aided innovative new, rapid, off-grid wastewater...

11 months ago - PRNewsWire

Taoping To Launch Cloud Nest AI System; Powerful Generative AI System Across the Cloud to Accelerate Growth

SHENZHEN, China , June 15, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today announced the Company plans to launch Cloud Nest AI, a powerful generative AI system acro...

11 months ago - PRNewsWire

Taoping Secures Another RMB 10 Million Smart Rest Station Contract

SHENZHEN, China , June 6, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today announced that the Company secured another RMB 10 million (approximately US$1.4 million) c...

1 year ago - PRNewsWire

Taoping Wins RMB 11.1 Million Contract

SHENZHEN, China , May 1, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today announced that it won an RMB 11.1 million (approximately US$1.6 million) contract from Beij...

1 year ago - PRNewsWire

Taoping Reports 25% Revenue Growth for Full Year 2022

SHENZHEN, China , April 25, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping") today reported 25% revenue growth for the year ended December 31, 2022. The Company also announ...

1 year ago - PRNewsWire

Taoping to Provide Wuxuan County with Customized Cloud-based Solutions with Potential Market Opportunity of US$80 Million

Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping") today announced the Company has entered into a long-term strategic cooperation agreement ("Agreement") with Wuxuan County, Guangxi Province, wit...

1 year ago - PRNewsWire

Taoping Announces Long-term Strategic Cooperation Agreement with Zhaoyuan City

HONG KONG , March 29, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping") today announced the Company has entered into a long-term strategic cooperation agreement ("Agreement"...

1 year ago - PRNewsWire

Taoping Receives NASDAQ Minimum Bid Price Requirement Extension

HONG KONG , March 17, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping") today announced that on March 16, 2023, it received a letter from The Nasdaq Stock Market LLC ("Nasda...

1 year ago - PRNewsWire

Taoping Targets New Revenue Stream with Large Screen Displays

HONG KONG , Feb. 15, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping") today announced it is targeting a new revenue stream with the launch of its smart large screen display...

1 year ago - PRNewsWire

Taoping's Next Generation Smart Rest Station Launches in Shenzhen's Highly Popular Xiangmi Park

HONG KONG , Jan. 11, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping") today announced that its next generation smart rest station, which integrates fully autonomous street ...

1 year ago - PRNewsWire

Taoping Launches New Model of Smart Rest Station

Integrates Fully Autonomous Street Sweepers for Cost Efficient, Location-based Charging and Powerful Cleaning Solution HONG KONG , Dec. 14, 2022 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Compan...

1 year ago - PRNewsWire