MarketCapExport financials
IT Tech Packaging (ITP)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.
Facebook
X
Telegram
IT Tech Packaging Income Statement 2024-2008 | ITP
Brief overview of revenue and earnings at IT Tech Packaging
This overview is based on financial performance over the past five years. According to figures from IT Tech Packaging, revenue changed from $118 million to $75.8 million over five years. Across the full period, sales moved by −35.5%; the average annual rate was −8.4%. The decline points to a contraction in the scale of the business.
The gross result shifted from 13.7 million dollars to 6.7 million dollars, or −51.1%. At the margin level, the figure shifted from 11.6% to 8.8%. The contraction points to pressure from direct costs or weaker pricing power.
The five-year EBITDA result moved by −68.7%: from $19.2 million to $6 million. Operating performance weakened relative to revenue. The EBITDA share of revenue changed from 16.3% to 7.9%. A lower EBITDA share weakens the quality of the result.
Net income moved from 2.2 million dollars at the start to −9.8 million dollars at the end. A positive result was not sustained and the period ended with a loss.
The market value of the business moved from 19.5 million dollars to 2.4 million dollars, or −87.6%. Investors responded cautiously to the improvement in the business.
What the figures show
The indicators point to a weaker financial profile. The overall view is constrained by a declining EBITDA margin, lower net income and limited revenue growth. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement IT Tech Packaging
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.42 M | 2.62 M | 2.59 M | - | 18.8 M | 19.5 M | 15.1 M | 29 M | 24.8 M | 26 M | 19.1 M | 46.9 M | 43.6 M | 77.4 M | - | - | - |
Shares |
10.1 M | 10.1 M | 9.97 M | 59.8 M | 24.4 M | 22.2 M | 22.2 M | 20.7 M | 21.4 M | 20.3 M | 19.3 M | 18.5 M | 18.5 M | 18.3 M | 17.4 M | 12.2 M | - |
Historical Prices |
0.24 | 0.26 | 0.26 | 0.23 | 0.56 | 0.94 | 0.63 | 1.29 | 1.16 | 1.48 | 1.1 | 2.66 | 1.76 | 3.16 | - | - | - |
Net Income |
-9.84 M | -9.95 M | -16.6 M | 906 K | -7.76 M | 2.22 M | -10.5 M | 1.66 M | 7.31 M | 11.5 M | 11.7 M | 13 M | 14.7 M | 21.6 M | 15.6 M | 12.7 M | - |
Revenue |
75.8 M | 86.5 M | 100 M | 161 M | 101 M | 118 M | 86.7 M | 117 M | 135 M | 135 M | 137 M | 126 M | 151 M | 151 M | 124 M | 102 M | - |
Cost of Revenue |
69.1 M | 85.5 M | 95.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
6.69 M | 1 M | 4.75 M | 11 M | 5.7 M | 13.7 M | 5.82 M | 20 M | 25.5 M | 27.9 M | 22.8 M | 23.3 M | 27 M | 32.9 M | 26.2 M | 20 M | - |
Operating Income |
-8.21 M | -9.58 M | -5.3 M | 1.46 M | -5.46 M | 3.9 M | -11.2 M | 4.68 M | 13 M | 18.2 M | 17.4 M | 18.8 M | 21 M | 30.1 M | 22 M | 18 M | - |
Interest Expense |
- | - | 1.03 M | 1.12 M | 1.03 M | 926 K | 1.49 M | 2.43 M | 2.62 M | 3.16 M | 1.45 M | 996 K | 872 K | 700 K | 633 K | 728 K | - |
EBITDA |
6.01 M | 4.65 M | 9.48 M | 16.8 M | -5.44 M | 19.2 M | 3.11 M | 19.3 M | 28.2 M | 31.6 M | 25.7 M | 26.6 M | 29.4 M | 34.5 M | 26.1 M | 21.5 M | - |
Operating Expenses |
- | - | - | - | -11.2 M | 9.52 M | 12.9 M | 11.3 M | 12.4 M | 9.11 M | 4.84 M | 4.4 M | 3.36 M | 2.52 M | - | - | - |
General and Administrative Expenses |
14.8 M | 9.08 M | 10.1 M | 9.56 M | -11.2 M | - | - | 11.3 M | - | - | - | - | - | - | 3.07 M | 2.03 M | - |
Annual performance
Select metrics to display
All numbers in USD currency
Quarterly Income Statement IT Tech Packaging
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
13.6 M | 11.9 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 9.99 M | 9.92 M | 9.92 M | 9.92 M | 54.2 M | 46.6 M | 36.2 M | 28.5 M | 25.8 M | 24.4 M | 22.1 M | 22.1 M | 22 M | 22 M | 22 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.3 M | 20.3 M | 20.3 M | 20.3 M | 20.3 M | 20.3 M | 18.9 M | 18.8 M | 18.8 M | 18.8 M | 18.5 M | 18.5 M | 18.5 M | 18.5 M | 18.5 M | 18.5 M | 18.4 M | 18.4 M | 18.4 M | 18.4 M | 18.4 M |
Net Income |
-1.45 M | -1.95 M | -3.5 M | - | -1.97 M | -77.7 K | -3.75 M | - | -1.98 M | -1.25 M | -2.73 M | - | -1.89 M | -288 K | -2.49 M | 4.16 M | 1.54 M | -453 K | -4.34 M | -1.62 M | -521 K | -980 K | -2.44 M | 2.16 M | 2.34 M | 450 K | -2.72 M | -5.16 M | -1.4 M | 110 K | -4.09 M | -1.64 M | 1.57 M | 15.9 K | 1.71 M | 3.07 M | 3.03 M | 2.58 M | -1.37 M | 2.16 M | 1.69 M | 5.59 M | 2.11 M | 2.23 M | 3.37 M | 3.57 M | 2.53 M | 3.52 M | 5.53 M | 3.66 M | 303 K | 2 M | 4.38 M | 3.61 M | 4.68 M | 5.5 M | 5.43 M | 5.86 M | 4.85 M |
Revenue |
25.6 M | 24.8 M | 10.9 M | - | 25.1 M | 26.2 M | 6.86 M | - | 15.8 M | 30 M | 19.8 M | - | 31.7 M | 31.8 M | 15.5 M | 45 M | 45.1 M | 46.5 M | 24.2 M | 32.5 M | 33.4 M | 26.4 M | 8.74 M | 33.6 M | 32.9 M | 33.6 M | 17.5 M | 25 M | 26.7 M | 33.1 M | 1.89 M | 35.4 M | 33.5 M | 22.8 M | 25.3 M | 31.4 M | 37.5 M | 38 M | 27.9 M | 35.1 M | 32.4 M | 41.3 M | 26.5 M | 32.7 M | 40.8 M | 37.8 M | 25.8 M | 35.2 M | 37.7 M | 33 M | 19.7 M | 43.5 M | 37.7 M | 35.5 M | 34.4 M | 38.9 M | 37.1 M | 41.5 M | 33.2 M |
Cost of Revenue |
23.6 M | 23.5 M | 10.8 M | - | 23.2 M | 23 M | 6.46 M | - | 15.9 M | 28.8 M | 20.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
2.02 M | 1.27 M | 84.1 K | - | 1.92 M | 3.27 M | 399 K | - | -153 K | 1.18 M | -277 K | - | 2.78 M | 634 K | 310 K | 4.34 M | 1.82 M | 3.03 M | 1.83 M | 745 K | 2.57 M | 2.56 M | -170 K | 5.59 M | 5.37 M | 2.91 M | -192 K | 2.24 M | 1.26 M | 3.02 M | -695 K | 3.62 M | 7.22 M | 3.46 M | 5.65 M | 7.55 M | 7.33 M | 6.89 M | 3.77 M | 5.97 M | 6.42 M | 10.5 M | 4.99 M | 5.58 M | 6.41 M | 6.12 M | 4.67 M | 7.16 M | 8.44 M | 6.1 M | 1.63 M | 6.7 M | 6.82 M | 5.79 M | 7.75 M | - | 7.99 M | 8.81 M | 7.77 M |
Operating Income |
-993 K | -1.76 M | -3.38 M | - | -1.46 M | 548 K | -3.5 M | - | -2.48 M | -519 K | -2.77 M | - | -587 K | -1.24 M | -2.99 M | 1.95 M | -198 K | 431 K | -724 K | -1.97 M | 177 K | -799 K | -2.87 M | 3.19 M | 3.35 M | 532 K | -3.17 M | -5.08 M | -1.57 M | -11.7 K | -4.52 M | -1.67 M | 2.72 M | 764 K | 2.87 M | 4.63 M | 4.73 M | 4.17 M | -580 K | 3.67 M | 2.6 M | 8.65 M | 3.28 M | 3.59 M | 4.93 M | 5.13 M | 3.76 M | 5.33 M | 7.56 M | 5.21 M | 743 K | 3.01 M | 6.16 M | 5.1 M | 6.71 M | 7.65 M | 7.53 M | 8.09 M | 6.84 M |
Interest Expense |
- | - | - | - | - | 212 K | 210 K | - | 248 K | 271 K | 249 K | - | 257 K | 259 K | 271 K | - | 282 K | 284 K | 279 K | - | 258 K | 241 K | 245 K | - | 237 K | 239 K | 255 K | - | 372 K | 407 K | 404 K | - | 648 K | 697 K | 679 K | - | 678 K | 696 K | 721 K | - | 566 K | 1.14 M | 648 K | - | 344 K | 269 K | 275 K | - | 244 K | 252 K | 226 K | - | 219 K | 221 K | 205 K | - | 223 K | 137 K | 130 K |
EBITDA |
9.67 M | 5.33 M | 170 K | - | 2.02 M | 3.93 M | -19.9 K | - | 939 K | 2.95 M | 914 K | - | 10.6 M | 6.36 M | 783 K | 1.95 M | 11.5 M | 8.6 M | 3.37 M | -1.97 M | 3.98 M | 2.92 M | 908 K | 3.19 M | 7.11 M | 4.39 M | 756 K | -5.08 M | 1.89 M | 3.67 M | -789 K | -1.67 M | 6.45 M | 4.35 M | 6.49 M | 4.63 M | 8.45 M | 7.95 M | 3.59 M | 3.67 M | 7.57 M | 11.2 M | 5.8 M | 3.59 M | 6.94 M | 7.06 M | 5.7 M | 5.33 M | 9.62 M | 7.2 M | 2.68 M | 3.01 M | 8.33 M | 7.19 M | 8.67 M | 7.65 M | 8.65 M | 9.19 M | 7.93 M |
General and Administrative Expenses |
3.02 M | 3.04 M | 3.46 M | - | 3.38 M | 2.72 M | 3.9 M | - | 2.33 M | 1.32 M | 2.5 M | - | 3.37 M | 1.87 M | 3.3 M | - | 2.02 M | 2.6 M | 2.56 M | - | 2.39 M | 3.36 M | 2.7 M | - | 2.02 M | 2.41 M | 2.98 M | - | 2.83 M | 3.03 M | 3.81 M | - | 2.85 M | 2.69 M | 2.78 M | - | 2.6 M | 2.72 M | 4.35 M | - | 3.81 M | 1.83 M | 1.71 M | - | 996 K | 989 K | 909 K | - | 957 K | 887 K | 887 K | - | 704 K | 686 K | 1.04 M | - | 461 K | 720 K | 860 K |
Quarterly performance
Select metrics to display
All numbers in USD currency
The income statement is one of the three key financial reports of a company IT Tech Packaging (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
Reports on the profits and losses of other stocks in the Paper industry
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
 |
Clearwater Paper Corporation
CLW
|
$ 13.91 | 5.3 % | $ 225 M |  USA |
 |
Verso Corporation
VRS
|
- | - | $ 787 M | USA |
 |
Suzano S.A.
SUZ
|
$ 9.78 | -0.26 % | $ 12.1 B | - |
 |
Domtar Corporation
UFS
|
- | 0.02 % | $ 2.8 B |  Canada |
 |
Glatfelter Corporation
GLT
|
- | -6.94 % | $ 948 M | USA |
 |
Schweitzer-Mauduit International
SWM
|
- | -2.77 % | $ 756 M | USA |
 |
Mercer International
MERC
|
$ 0.23 | -3.57 % | $ 15.4 M | Canada |
 |
Neenah
NP
|
$ 28.08 | -0.32 % | $ 472 M | USA |
 |
Resolute Forest Products
RFP
|
- | - | $ 1.69 B | Canada |