IT Tech Packaging, Inc. (ITP) Financials

$0.42

north_east
$0.01 (2.37%)
Day's range
$0.37
Day's range
$0.42

ITP Income statement / Annual

Last year (2023), IT Tech Packaging, Inc.'s total revenue was $86.55 M, a decrease of 13.76% from the previous year. In 2023, IT Tech Packaging, Inc.'s net income was -$9.95 M. See IT Tech Packaging, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $86.55 M $100.35 M $160.88 M $100.94 M $117.61 M $86.75 M $117.02 M $134.74 M $135.30 M $137.04 M
Cost of Revenue $85.55 M $95.60 M $149.86 M $95.24 M $103.94 M $80.93 M $97.07 M $109.21 M $107.44 M $114.26 M
Gross Profit $999,885.00 $4.75 M $11.02 M $5.70 M $13.68 M $5.82 M $19.96 M $25.53 M $27.86 M $22.78 M
Gross Profit Ratio 0.01 0.05 0.07 0.06 0.12 0.07 0.17 0.19 0.21 0.17
Research and Development Expenses $90,766.00 $145,538.00 $101,410.00 $69,208.00 $74,825.00 $30,194.00 $31,922.00 $21,598.00 $28,448.00 $20,276.00
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.31 M $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $8.98 M $10.06 M $9.56 M $11.16 M $9.78 M $13.10 M $11.31 M $12.40 M $9.66 M $4.86 M
Other Expenses $1.50 M $0.00 -$198,530.00 -$220,478.00 -$261,136.00 $241,189.00 $41,529.00 $0.00 $555,605.00 $22,614.00
Operating Expenses $10.58 M $10.06 M $9.36 M $10.94 M $9.52 M $12.86 M $11.27 M $12.40 M $9.11 M $4.84 M
Cost And Expenses $96.12 M $105.66 M $159.22 M $106.18 M $113.46 M $93.78 M $108.33 M $121.61 M $116.55 M $119.10 M
Interest Income $315,096.00 $24,264.00 $38,766.00 $32,033.00 $64,717.00 $36,632.00 $34,590.00 $96,976.00 $70,319.00 $149,783.00
Interest Expense $984,518.00 $1.03 M $1.12 M $1.03 M $926,368.00 $1.49 M $2.43 M $2.62 M $3.16 M $1.45 M
Depreciation & Amortization $14.23 M $14.79 M $15.36 M $15.79 M $15.30 M $14.29 M $14.63 M $15.29 M $13.40 M $8.29 M
EBITDA $5.61 M $10.96 M $22.94 M $10.16 M $19.53 M $3.39 M $19.39 M $28.34 M $32.22 M $25.87 M
EBITDA Ratio 0.06 0.09 0.11 0.1 0.17 0.08 0.2 0.21 0.24 0.19
Operating Income Ratio -0.11 -0.05 0.01 -0.05 0.03 -0.13 0.04 0.1 0.13 0.13
Total Other Income/Expenses Net -$23,193.00 $444,558.00 $4.99 M -$1.20 M -$600,515.00 -$5.12 M -$6.33 M -$2.70 M -$2.53 M -$1.78 M
Income Before Tax -$9.60 M -$4.86 M $6.45 M -$6.66 M $3.30 M -$12.40 M $2.32 M $10.43 M $15.67 M $16.14 M
Income Before Tax Ratio -0.11 -0.05 0.04 -0.07 0.03 -0.14 0.02 0.08 0.12 0.12
Income Tax Expense $346,954.00 $11.71 M $5.55 M -$1.10 M $1.08 M -$1.85 M $662,828.00 $3.11 M $4.12 M $4.43 M
Net Income -$9.95 M -$16.57 M $905,535.00 -$5.55 M $2.22 M -$10.55 M $1.66 M $7.31 M $11.54 M $11.71 M
Net Income Ratio -0.11 -0.17 0.01 -0.06 0.02 -0.12 0.01 0.05 0.09 0.09
EPS -0.99 -1.66 0.15 -2.1 1.01 -4.9 0.8 3.4 5.7 6.1
EPS Diluted -0.99 -1.66 0.15 -2.1 1.01 -4.88 0.8 3.4 5.7 6.1
Weighted Average Shares Out $10.07 M $9.97 M $5.98 M $2.65 M $2.20 M $2.15 M $2.15 M $2.14 M $2.03 M $1.93 M
Weighted Average Shares Out Diluted $10.07 M $9.97 M $5.98 M $2.65 M $2.20 M $2.16 M $2.15 M $2.14 M $2.03 M $1.93 M
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