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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