Export financials
Taoping (TAOP)
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Taoping Income Statement 2025-2009 | TAOP
Brief overview of income trends at Taoping
The overview follows changes across a five-year period. The revenue attributed to Taoping moved from $10.2 million to $24.8 million between the two endpoints. The total change was +143.7%, with a CAGR of approximately 19.5%. The trajectory reflects meaningful expansion of the business.
The gross result shifted from 2.6 million dollars to 6.7 million dollars, or +157.9%. Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. Comparing the endpoints gives gross margins of 25.4% and 26.9%. There was no meaningful shift in gross profitability.
The five-year EBITDA result moved by +37.1%: from −12.6 million dollars to −7.9 million dollars. EBITDA lagged revenue, showing weaker operating momentum. EBITDA margin was −123.3% at the start and −31.8% at the end. A wider margin confirms stronger operating efficiency.
Net income moved from −$18.2 million at the start to −$9.9 million at the end. The direction improved, yet positive earnings are still absent.
Summary assessment
The financial profile remains mixed, with strengths and risks moving in different directions. Key strengths include sales growth, improving gross profitability and a stronger final result. The main areas of concern are limited operating profitability. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Taoping
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
9.25 M | 52.7 K | 88.5 K | 4.44 M | 2.42 M | 61.7 M | 21.3 M | 270 M | 488 M | 33.7 M | 45.2 M | 661 M | 896 M | 173 M | 39.6 M | 470 B | - |
Shares |
1.28 M | 239 K | 90.3 K | 1.59 M | 1.32 M | 7.37 M | 6.96 M | 40.9 M | 40.2 M | 6.7 M | 5.75 M | 30.6 M | 27.4 M | 27 M | 4.46 M | 25.9 M | - |
Historical Prices |
7.24 | 0.22 | 0.98 | 2.8 | 1.83 | 8.37 | 3.06 | 6.6 | 12.1 | 4.8 | 7.32 | 20 | 31.7 | 6.42 | 9.72 | 18.1 K | 10.5 K |
Net Income |
-10.1 M | -1.82 M | -698 K | -7.08 M | -9.92 M | -17.7 M | -3.58 M | 1.69 M | 859 K | -18.2 M | -7.5 M | -29.2 M | -119 M | -89.6 M | 7.91 M | 34.4 M | - |
Revenue |
2.23 M | 699 K | 290 K | 24.2 M | 24.8 M | 11.1 M | 13.8 M | 20.6 M | 18.2 M | 10.2 M | 10.3 M | 38.6 M | 76.1 M | 86.4 M | 115 M | 164 M | - |
Cost of Revenue |
27.4 M | 28.9 M | 29.8 M | 17 M | 12.7 M | 7.12 M | 7.19 M | 10.9 M | 9.87 M | 7.61 M | 6.38 M | 28.1 M | 45.9 M | 65.9 M | 70.2 M | 93.3 M | - |
Gross Profit |
3.37 M | 7.77 M | 8.85 M | 7.23 M | 6.67 M | 3.94 M | 6.6 M | 9.65 M | 8.32 M | 2.59 M | 3.9 M | 10.5 M | 17.3 M | 20.5 M | 44.3 M | 70.6 M | - |
Operating Income |
-9.23 M | -1.61 M | -198 K | -3.17 M | -10.1 M | -17.4 M | -4.17 M | 169 K | -451 K | -14.6 M | -27 M | -23.9 M | -118 M | -85.7 M | 9.53 M | 42.6 M | - |
Interest Expense |
979 K | 461 K | 581 K | 556 K | 928 K | 1.02 M | 500 K | 484 K | 450 K | 499 K | 3.12 M | 5.86 M | 4.93 M | 4.65 M | 2.95 M | 1.54 M | - |
EBITDA |
-7.59 M | 398 K | 2.32 M | 378 K | -7.91 M | -13.9 M | -1.27 M | 3.84 M | 2.41 M | -12.6 M | -24.4 M | -20.9 M | -109 M | -71.9 M | 22.1 M | 50.3 M | - |
Operating Expenses |
- | - | - | - | - | 20.8 M | 10.3 M | 8.93 M | 8.3 M | 12.5 M | 16.8 M | 37.5 M | 102 M | 77.6 M | 34.8 M | - | - |
General and Administrative Expenses |
9.83 M | 6.21 M | 5.6 M | 6.15 M | 12.9 M | 16.7 M | 7.18 M | -425 M | 4.74 M | 9.68 M | -2.65 B | 25.1 M | -8.81 B | -9.77 B | 22.8 M | 18.6 M | - |
Annual performance
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All numbers in USD currency
Quarterly Income Statement Taoping
| 2025-Q4 | 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 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 | 2010-Q4 | 2009-Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
1.28 M | 716 K | 239 K | 4.48 M | 90.3 K | 1.64 M | - | - | - | - | 15.5 M | - | 13.6 M | - | 8.49 M | - | 7.33 M | - | 7 M | - | 41.8 M | - | 41.8 M | - | 40.8 M | - | 40.2 M | - | - | - | 40.2 M | - | - | - | 39.2 M | - | - | - | 31.8 M | - | - | - | 28.6 M | - | - | - | 27 M | - | - | - | 27.2 M | - | - | - | 25.9 M | - |
Net Income |
-10.1 M | -4.68 M | -1.82 M | 589 K | -698 K | -1.81 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.4 M | - |
Revenue |
2.23 M | 17.6 M | 699 K | 2.29 M | 290 K | 2.29 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 164 M | - |
Cost of Revenue |
27.4 M | 15.8 M | 28.9 M | 13.9 M | 29.8 M | 10.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 93.3 M | - |
Gross Profit |
3.37 M | 1.77 M | 7.77 M | 4.14 M | 8.85 M | 3.87 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 70.6 M | - |
Operating Income |
-9.23 M | -4.18 M | -1.61 M | -124 K | -198 K | -1.68 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 42.6 M | - |
Interest Expense |
979 K | 467 K | 461 K | 352 K | 581 K | 262 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.54 M | - |
EBITDA |
-7.59 M | -3.39 M | 398 K | 1.01 M | 2.32 M | -387 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.3 M | - |
General and Administrative Expenses |
9.83 M | 4.7 M | 6.21 M | 2.78 M | 5.6 M | 3.75 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.6 M | - |
Quarterly performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company Taoping (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.