Taoping Inc. (TAOP)

Taoping Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	36.37	38.04	22.48	18.48	10.05
Other Revenue	0.31	0.6	1.75	0.91	1.02
Revenue	36.67	38.64	24.23	19.39	11.06
Revenue Growth (YoY)	-5.08%	59.43%	24.98%	75.28%	-19.78%
Cost of Revenue	28.9	29.78	17	12.72	7.12
Gross Profit	7.77	8.85	7.23	6.67	3.94
Selling, General & Admin	6.95	6.08	6.79	12.33	17.42
Research & Development	2.42	2.97	3.61	4.48	3.89
Operating Expenses	9.38	9.05	10.4	16.81	21.31
Operating Income	-1.61	-0.2	-3.17	-10.14	-17.37
Interest Expense	-0.46	-0.58	-0.56	-0.93	-1.02
Interest & Investment Income	0	0	0.01	0	0
Earnings From Equity Investments	-	-0.01	-0.26	-0.81	-
Other Non Operating Income (Expenses)	0.4	0.58	0.36	0.12	-0.02
EBT Excluding Unusual Items	-1.67	-0.21	-3.62	-11.76	-18.4
Gain (Loss) on Sale of Assets	-0.14	-0.02	3.11	-	-
Pretax Income	-1.81	-0.22	-0.51	-11.76	-18.4
Income Tax Expense	0.01	0.01	0.07	0.01	-0.07
Earnings From Continuing Operations	-1.82	-0.23	-0.58	-11.76	-18.33
Earnings From Discontinued Operations	-	-0.47	-6.5	1.84	-
Net Income to Company	-1.82	-0.7	-7.08	-9.92	-18.33
Minority Interest in Earnings	-	-	-	-	0.64
Net Income	-1.82	-0.7	-7.08	-9.92	-17.69
Net Income to Common	-1.82	-0.7	-7.08	-9.92	-17.69
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	233.96%	20.51%	19.79%	79.50%	5.87%
EPS (Basic)	-8.55	-10.96	-133.99	-224.96	-719.94
EPS (Diluted)	-8.70	-10.96	-134.07	-225.05	-720.00
Free Cash Flow	-3.44	-3.54	-9.31	-27.44	-3.45
Free Cash Flow Per Share	-16.16	-55.51	-176.06	-622.05	-140.42
Gross Margin	21.19%	22.91%	29.84%	34.41%	35.65%
Operating Margin	-4.39%	-0.51%	-13.06%	-52.30%	-156.98%
Profit Margin	-4.96%	-1.81%	-29.22%	-51.18%	-159.95%
Free Cash Flow Margin	-9.38%	-9.15%	-38.40%	-141.53%	-31.20%
EBITDA	0.51	2.3	0.37	-7.94	-13.89
EBITDA Margin	1.39%	5.94%	1.53%	-40.93%	-125.53%
D&A For EBITDA	2.12	2.49	3.54	2.2	3.48
EBIT	-1.61	-0.2	-3.17	-10.14	-17.37
EBIT Margin	-4.39%	-0.51%	-13.06%	-52.30%	-156.98%
Revenue as Reported	36.67	38.64	24.23	19.39	11.06

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q