Tantech Holdings Ltd Income Statement 2025-2011 | TANH

Brief overview of revenue and earnings at Tantech Holdings Ltd

The comparison covers a five-year financial horizon. According to figures from Tantech Holdings Ltd, revenue changed from $42.3 million to $38.4 million over five years. The cumulative result was −9.3%, corresponding to roughly −1.9% per year. Revenue was effectively stagnant over the period.

The gross result shifted from $4.5 million to $7.1 million, or +59.5%. Cost of revenue developed more favorably than sales, supporting gross profitability. Comparing the endpoints gives gross margins of 10.6% and 18.6%. The expansion indicates stronger pricing power or better control of direct costs.

EBITDA changed from −9.9 million dollars to −12.2 million dollars (−23%). Changes in revenue did not translate into comparable EBITDA performance. The EBITDA share of revenue changed from −23.4% to −31.8%. The business retained less EBITDA from each unit of revenue.

Across the five years, the net result shifted from −$6.5 million to −$31 million. Larger losses indicate rising pressure on the business.

The market value of the business moved from $46.7 million to $5 million, or −89.2%. Market value lagged the financial performance.

Overall conclusion

The results contain several connected negative signals. Key strengths include improving gross profitability. Caution is warranted because of a weaker market valuation, pressure on operating profitability and a weaker final result. Further direction will depend on top-line growth, operating profitability, and net income.