Taoping Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2006
Revenue	38.64	24.23	19.39	11.06	13.79	20.58	18.19	10.19	10.28	38.63	Upgrade
Revenue Growth (YoY)	59.43%	24.98%	75.28%	-19.78%	-32.98%	13.13%	78.44%	-0.89%	-73.38%	-30.29%	Upgrade
Cost of Revenue	29.78	17	12.72	7.12	7.19	10.92	9.87	7.61	6.38	28.15	Upgrade
Gross Profit	8.85	7.23	6.67	3.94	6.6	9.65	8.32	2.59	3.9	10.49	Upgrade
Selling, General & Admin	6.08	6.79	12.33	17.42	7.18	4.73	4.74	9.68	13.89	25.08	Upgrade
Research & Development	2.97	3.61	4.48	3.89	3.59	4.76	4.03	3.04	3.45	1.48	Upgrade
Other Operating Expenses	0	0	0	0	0	0	0	4.44	-16.46	7.84	Upgrade
Operating Expenses	9.05	10.4	16.81	21.31	10.77	9.49	8.77	17.16	0.87	34.4	Upgrade
Operating Income	-0.2	-3.17	-10.14	-17.37	-4.17	0.17	-0.45	-14.58	3.03	-23.91	Upgrade
Interest Expense / Income	0.58	0.56	0.93	1.02	0.5	0.48	0.45	0.5	3.12	5.86	Upgrade
Other Expense / Income	-0.09	3.29	-1.15	-0.62	-0.82	-0.81	-0.69	3.04	3.11	4.06	Upgrade
Pretax Income	-0.69	-7.01	-9.92	-17.77	-3.86	0.49	-0.21	-18.11	-3.2	-33.83	Upgrade
Income Tax	0.01	0.07	0.01	-0.07	-0.27	-1.2	-1.07	0.06	4.31	-4.6	Upgrade
Net Income	-0.7	-7.08	-9.92	-17.69	-3.58	1.69	0.86	-18.17	-7.5	-29.23	Upgrade
Net Income Growth	-	-	-	-	-	97.06%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	2	2	1	1	1	1	1	1	1	1	Upgrade
Shares Outstanding (Diluted)	-	-	-	-	-	-	-	-	-	1	Upgrade
Shares Change	18.28%	14.25%	94.95%	0.57%	3.80%	-	2.29%	21.98%	5.37%	11.86%	Upgrade
EPS (Basic)	-0.12	-0.37	-8.89	-24.90	-5.40	2.40	1.20	-27.00	-15.60	-47.40	Upgrade
EPS (Diluted)	-0.12	-0.37	-8.89	-24.90	-5.40	2.40	1.20	-27.00	-15.60	-47.40	Upgrade
EPS Growth	-	-	-	-	-	100.00%	-	-	-	-	Upgrade
Free Cash Flow	-3.54	-8.22	-27.44	-3.43	-3.3	0.68	0.77	-5.99	-28.93	-11.15	Upgrade
Free Cash Flow Per Share	-1.92	-5.27	-20.11	-4.89	-4.74	1.01	1.14	-9.13	-53.83	-21.86	Upgrade
Gross Margin	22.91%	29.83%	34.41%	35.65%	47.87%	46.91%	45.75%	25.37%	37.96%	27.15%	Upgrade
Operating Margin	-0.51%	-13.06%	-52.30%	-156.98%	-30.25%	0.82%	-2.48%	-143.01%	29.47%	-61.89%	Upgrade
Profit Margin	-1.81%	-29.22%	-51.18%	-159.95%	-25.98%	8.22%	4.72%	-178.26%	-72.96%	-75.66%	Upgrade
Free Cash Flow Margin	-9.15%	-33.93%	-141.53%	-30.96%	-23.94%	3.29%	4.21%	-58.72%	-281.29%	-28.86%	Upgrade
Effective Tax Rate	-	-	-	-	-	-244.77%	-	-	-	-	Upgrade
EBITDA	2.88	0.78	-5.29	-13.54	-0.51	3.92	3.1	-15.03	1.58	-25.84	Upgrade
EBITDA Margin	7.46%	3.22%	-27.26%	-122.41%	-3.73%	19.03%	17.02%	-147.47%	15.39%	-66.87%	Upgrade
Depreciation & Amortization	2.99	7.24	3.7	3.21	2.84	2.94	2.86	2.58	1.67	2.14	Upgrade
EBIT	-0.11	-6.46	-8.99	-16.75	-3.36	0.98	0.24	-17.61	-0.08	-27.97	Upgrade
EBIT Margin	-0.28%	-26.64%	-46.37%	-151.39%	-24.34%	4.74%	1.31%	-172.79%	-0.80%	-72.40%	Upgrade

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).