Taoping
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Taoping's past years’ income statements indicate that its last revenue has increased compared to the previous period by 59% to $38,635,635. Profit margin reached -2%. Total operating expenses were $9,049,979.
Profit Margin
| 2014 | 68.15M | -29.23M | -42.89% |
|---|---|---|---|
| 2015 | 10.28M | -7.50M | -72.96% |
| 2016 | 10.19M | -18.17M | -178.26% |
| 2017 | 18.18M | 858.60K | 4.72% |
| 2018 | 20.57M | 1.69M | 8.22% |
| 2019 | 13.79M | -3.59M | -26.06% |
| 2020 | 11.06M | -18.33M | -165.7% |
| 2021 | 24.84M | -9.92M | -39.95% |
| 2022 | 24.23M | -582.37K | -2.4% |
| 2023 | 38.63M | -697.94K | -1.81% |
TAOP Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 38.63M | 24.23M | 24.84M | 11.06M | 13.79M | 20.57M | 18.18M | 10.19M | 10.28M | 68.15M |
Cost of revenue | 29.78M | 17.00M | 15.50M | 7.11M | 7.18M | 10.92M | 9.86M | 7.60M | 6.38M | 45.68M |
Gross profit | 8.85M | 7.23M | 9.34M | 3.94M | 6.60M | 9.65M | 8.32M | 2.58M | 3.90M | 22.46M |
Operating exp. | ||||||||||
Research and development | 2.96M | 3.60M | 4.47M | 3.88M | 3.59M | 4.75M | 4.03M | 3.04M | 3.44M | 3.03M |
Selling and marketing | 482.35K | 639.05K | 694.47K | 714.14K | 523.55K | 429.36K | 1.11M | 1.33M | 2.66M | 9.04M |
Total operating expenses | 9.04M | 10.24M | 17.87M | 20.75M | 10.34M | 8.92M | 8.29M | 12.49M | 16.83M | 37.45M |
Operating income | -197.69K | 43.93K | -8.53M | -16.81M | -3.74M | 168.82K | -450.70K | -14.57M | -26.96M | -29.95M |
Other income (expenses), net | -26.47K | -556.43K | -1.38M | -1.03M | -128.13K | 400.56K | 319.66K | -8.07M | 22.57M | -5.18M |
Income before tax | -224.17K | -512.50K | -9.91M | -18.40M | -3.86M | 677.55K | -131.03K | -18.46M | -4.38M | -34.14M |
Income tax expense | 7.97K | 69.86K | 5.32K | -71.31K | -274.48K | -1.20M | -1.07M | 57.84K | 4.30M | -4.38M |
Net income | -697.94K | -582.37K | -9.92M | -18.33M | -3.59M | 1.69M | 858.60K | -18.17M | -7.50M | -29.23M |
Earnings per share | ||||||||||
Basic EPS | -0.37 | -0.37 | -7.66 | -24.86 | -5.16 | 0.24 | 1.28 | -2.71 | -12.61 | -54.76 |
Diluted EPS | -0.37 | -0.37 | -7.66 | -24.86 | -5.16 | 0.24 | 1.27 | -2.71 | -12.39 | -53.24 |
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