Taoping Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	30.57	36.37	38.04	22.48	18.48
Other Revenue	0.25	0.31	0.6	1.75	0.91
Revenue	30.82	36.67	38.64	24.23	19.39
Revenue Growth	-15.97%	-5.08%	59.43%	24.98%	75.28%
Cost of Revenue	27.45	28.9	29.78	17	12.72
Gross Profit	3.37	7.77	8.85	7.23	6.67
Selling, General & Admin	10.89	6.95	6.08	6.79	12.33
Research & Development	1.71	2.42	2.97	3.61	4.48
Operating Expenses	12.6	9.38	9.05	10.4	16.81
Operating Income	-9.23	-1.61	-0.2	-3.17	-10.14
Interest Expense	-0.98	-0.46	-0.58	-0.56	-0.93
Interest & Investment Income	0	0	0	0.01	0
Earnings From Equity Investments	-	-	-0.01	-0.26	-0.81
Other Non Operating Income (Expenses)	0.26	0.4	0.58	0.36	0.12
EBT Excluding Unusual Items	-9.95	-1.67	-0.21	-3.62	-11.76
Gain (Loss) on Sale of Assets	-0.07	-0.14	-0.02	3.11	-
Pretax Income	-10.02	-1.81	-0.22	-0.51	-11.76
Income Tax Expense	0.04	0.01	0.01	0.07	0.01
Earnings From Continuing Operations	-10.06	-1.82	-0.23	-0.58	-11.76
Earnings From Discontinued Operations	-	-	-0.47	-6.5	1.84
Net Income to Company	-10.06	-1.82	-0.7	-7.08	-9.92
Net Income	-10.06	-1.82	-0.7	-7.08	-9.92
Net Income to Common	-10.06	-1.82	-0.7	-7.08	-9.92
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	1	0	0	0	0
Shares Outstanding (Diluted)	1	0	0	0	0
Shares Change	433.69%	164.99%	70.89%	19.79%	79.50%
EPS (Basic)	-7.88	-7.60	-7.73	-133.99	-224.96
EPS (Diluted)	-7.88	-7.60	-7.73	-134.07	-225.05
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-3.9	-3.44	-3.54	-9.31	-27.44
Free Cash Flow Per Share	-3.05	-14.37	-39.15	-176.06	-622.05
Gross Margin	10.93%	21.19%	22.91%	29.84%	34.41%
Operating Margin	-29.96%	-4.39%	-0.51%	-13.06%	-52.30%
Profit Margin	-32.65%	-4.96%	-1.81%	-29.22%	-51.18%
Free Cash Flow Margin	-12.66%	-9.38%	-9.15%	-38.40%	-141.53%
EBITDA	-7.56	0.51	2.8	0.37	-7.94
EBITDA Margin	-24.52%	1.39%	7.24%	1.53%	-40.93%
D&A For EBITDA	1.68	2.12	2.99	3.54	2.2
EBIT	-9.23	-1.61	-0.2	-3.17	-10.14
EBIT Margin	-29.96%	-4.39%	-0.51%	-13.06%	-52.30%
Revenue as Reported	30.82	36.67	38.64	24.23	19.39

SEC Filings: 10-K · 10-Q