Taoping Inc. (TAOP) 10-Year Financial Performance & Capital Metrics

TAOP • • Industrial / General

TechnologyInfrastructure SoftwareCloud Infrastructure & Data ManagementCloud Storage & Content Management

AboutTaoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. It operates through three segments: Cloud-Based Technology, Blockchain Technology, and Traditional Information Technology. The company offers cloud-based software as a service to automate the interactive workflows between advertising agencies and their customers, including establishing new advertising projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. It also provides project-based technology products and services for the public sector; and software and hardware with integrated solutions, including information technology infrastructure, Internet-enabled display technologies, and IoT platforms to customers in government, education, residential community management, media, transportation, healthcare, and other private sectors, as well as related maintenance and support services. In addition, the company offers cloud-application-terminal and IoT technology based digital advertising distribution network and media resource sharing platform in the out-of-home advertising markets. Further, it operates Taoping Net, an advertising-resources trading service platform, which connect screen owners, advertisers, and consumers; Taoping App, which enable customers to distribute and manage ads from mobile terminals; and cryptocurrency mining and blockchain related services. The company was formerly known as China Information Technology, Inc. and changed its name to Taoping Inc. in June 2018. Taoping Inc. was founded in 1993 and is headquartered in Causeway Bay, Hong Kong.Show more

Revenue $37M -5.1%
EBITDA $509K -81.8%
Net Income -$2M -160.7%
EPS (Diluted) -0.40 -8.1%
Gross Margin 21.19% -7.5%
EBITDA Margin 1.39% -80.8%
Operating Margin -4.39% -757.2%
Net Margin -4.96% -174.6%
ROE -12.71% -103.8%
ROIC -5.66% -593.0%
Debt/Equity 0.50 -29.5%
Interest Coverage -3.49 -925.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 21.6%
✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 3 (bottom 3%)
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-6.01%

5Y21.6%

3Y23.67%

TTM-5.08%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-299.27%

EPS CAGR

10Y-

5Y-

3Y-

TTM-2259.73%

ROCE

10Y Avg-52.51%

5Y Avg-71.03%

3Y Avg-10.96%

Latest-9.34%

Peer Comparison

Cloud Storage & Content Management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ADBEAdobe Inc.	127.44B	304.44	24.63	10.8%	30%	61.34%	6.14%	0.43
SNCRSynchronoss Technologies, Inc.	99.99M	8.69	20.21	5.72%	-5.69%	-17.56%	13.36%	4.97
BOXBox, Inc.	3.91B	27.28	20.06	5.05%	19.71%	108.45%	8.44%	3.66
DBXDropbox, Inc.	4.68B	26.84	19.17	1.86%	19.87%		18.62%
CCSIConsensus Cloud Solutions, Inc.	430.86M	22.67	4.92	-3.36%	23.48%		20.5%
TAOPTaoping Inc.	11.92M	1.29	-3.23	-5.08%	-4.96%	-11.46%		0.50
BLZEBackblaze, Inc.	282.05M	4.89	-4.41	25.1%	-24.37%	-41.74%	3.83%	0.60
KLTRKaltura, Inc.	214.25M	1.51	-7.19	2.02%	-7.1%	-72.43%	5.47%	2.15

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	10.28M	10.19M	18.19M	20.58M	13.79M	11.06M	19.39M	24.23M	38.64M	36.67M
Revenue Growth %	-0.85%	-0.01%	0.78%	0.13%	-0.33%	-0.2%	0.75%	0.25%	0.59%	-0.05%
Cost of Goods Sold+	6.38M	7.61M	9.87M	10.92M	7.19M	7.12M	15.5M	17M	29.78M	28.9M
COGS % of Revenue	0.62%	0.75%	0.54%	0.53%	0.52%	0.64%	0.8%	0.7%	0.77%	0.79%
Gross Profit+	3.9M	2.59M	8.32M	9.65M	6.6M	3.94M	9.34M	7.23M	8.85M	7.77M
Gross Margin %	0.38%	0.25%	0.46%	0.47%	0.48%	0.36%	0.48%	0.3%	0.23%	0.21%
Gross Profit Growth %	-0.83%	-0.34%	2.22%	0.16%	-0.32%	-0.4%	1.37%	-0.23%	0.22%	-0.12%
Operating Expenses+	16.83M	12.5M	8.3M	8.93M	10.34M	20.75M	17.87M	10.4M	9.05M	9.38M
OpEx % of Revenue	1.64%	1.23%	0.46%	0.43%	0.75%	1.88%	0.92%	0.43%	0.23%	0.26%
Selling, General & Admin	13.89M	9.68M	4.74M	4.73M	7.18M	17.42M	13.58M	6.79M	6.08M	6.95M
SG&A % of Revenue	1.35%	0.95%	0.26%	0.23%	0.52%	1.57%	0.7%	0.28%	0.16%	0.19%
Research & Development	3.45M	3.04M	4.03M	4.76M	3.59M	3.89M	4.48M	3.61M	2.97M	2.42M
R&D % of Revenue	0.34%	0.3%	0.22%	0.23%	0.26%	0.35%	0.23%	0.15%	0.08%	0.07%
Other Operating Expenses	776.23K	-326.55K	281.56K	400.57K	-431.56K	-556.19K	-181.62K	0	0	0
Operating Income+	-26.96M	-14.58M	-450.7K	168.82K	-3.74M	-17.37M	-10.14M	-3.17M	-197.7K	-1.61M
Operating Margin %	-2.62%	-1.43%	-0.02%	0.01%	-0.27%	-1.57%	-0.52%	-0.13%	-0.01%	-0.04%
Operating Income Growth %	0.1%	0.46%	0.97%	1.37%	-23.16%	-3.64%	0.42%	0.69%	0.94%	-7.14%
EBITDA+	-24.42M	-12M	2.41M	3.84M	-839.65K	-13.89M	-7.94M	334.36K	2.8M	508.75K
EBITDA Margin %	-2.37%	-1.18%	0.13%	0.19%	-0.06%	-1.26%	-0.41%	0.01%	0.07%	0.01%
EBITDA Growth %	0.03%	0.51%	1.2%	0.6%	-1.22%	-15.54%	0.43%	1.04%	7.36%	-0.82%
D&A (Non-Cash Add-back)	2.54M	2.58M	2.86M	3.67M	2.9M	3.48M	2.2M	3.5M	2.99M	2.12M
EBIT	-1.27M	-17.97M	318.99K	1.16M	-3.37M	-17.38M	-10.83M	43.93K	356.46K	-1.34M
Net Interest Income+	-3.04M	-481.51K	-442.12K	-448.02K	-366.33K	-1.01M	-923.72K	-548.48K	-578.53K	-458.3K
Interest Income	76.72K	17.42K	7.9K	36.38K	133.52K	4.8K	4.64K	7.96K	2.1K	2.24K
Interest Expense	3.12M	498.93K	450.02K	484.4K	499.85K	1.02M	928.35K	556.43K	580.63K	460.54K
Other Income/Expense	22.57M	-3.89M	319.67K	508.73K	0	-1.04M	-1.62M	2.65M	-26.47K	-196.68K
Pretax Income+	-4.39M	-18.47M	-131.03K	677.55K	-3.87M	-18.4M	-11.76M	-512.5K	-224.17K	-1.81M
Pretax Margin %	-0.43%	-1.81%	-0.01%	0.03%	-0.28%	-1.66%	-0.61%	-0.02%	-0.01%	-0.05%
Income Tax+	4.31M	57.84K	-1.07M	-1.2M	-274.48K	-71.32K	5.32K	69.87K	7.98K	14.14K
Effective Tax Rate %	1.71%	0.98%	-6.55%	2.5%	0.93%	0.96%	0.84%	13.82%	3.11%	1.01%
Net Income+	-7.5M	-18.17M	858.61K	1.69M	-3.59M	-17.69M	-9.92M	-7.08M	-697.94K	-1.82M
Net Margin %	-0.73%	-1.78%	0.05%	0.08%	-0.26%	-1.6%	-0.51%	-0.29%	-0.02%	-0.05%
Net Income Growth %	0.74%	-1.42%	1.05%	0.97%	-3.12%	-3.92%	0.44%	0.29%	0.9%	-1.61%
Net Income (Continuing)	-8.69M	-18.52M	939.31K	1.88M	-3.59M	-18.33M	-11.76M	-582.37K	-232.15K	-1.82M
Discontinued Operations	1.5M	0	0	0	0	0	1.84M	-6.5M	-465.79K	0
Minority Interest	9.41M	9.09M	9.13M	9.35M	9.34M	8.64M	-1.76K	0	0	0
EPS (Diluted)+	-12.39	-27.10	1.27	2.45	-5.16	-24.00	-7.66	-0.37	-0.37	-0.40
EPS Growth %	0.77%	-1.19%	1.05%	0.93%	-3.11%	-3.65%	0.68%	0.95%	0%	-0.08%
EPS (Basic)	-12.61	-27.10	1.28	2.47	-5.16	-24.00	-7.66	-0.37	-0.37	-0.40
Diluted Shares Outstanding	605.57K	670.53K	673.94K	690.31K	696.47K	737.33K	1.3M	1.56M	1.91M	4.56M
Basic Shares Outstanding	595.1K	670.53K	670.52K	683.82K	696.47K	737.33K	1.3M	1.56M	1.91M	4.53M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	31.19M	15.65M	21.52M	28.88M	19.03M	12.43M	31.58M	19.4M	25.25M	29.49M
Cash & Short-Term Investments	3.79M	3.75M	3.26M	1.65M	1.52M	882.77K	4.53M	1.01M	1.3M	1.58M
Cash Only	3.79M	3.75M	3.26M	1.65M	1.52M	882.77K	4.53M	1.01M	1.3M	1.58M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	3.18M	6.28M	10.14M	17.54M	14.06M	7.18M	7.11M	9.29M	8.77M	7.92M
Days Sales Outstanding	112.86	224.91	203.49	311.13	372.02	237.01	133.83	139.96	82.88	78.87
Inventory	2.14M	1.48M	631.61K	693.68K	302.94K	254.68K	526.66K	356.36K	1.25M	6.32M
Days Inventory Outstanding	122.47	70.91	23.36	23.18	15.38	13.06	12.4	7.65	15.33	79.78
Other Current Assets	24.78M	203.96K	7.49M	8.99M	187.34K	852.8K	19.35M	1.49M	13.58M	85.35K
Total Non-Current Assets+	34.9M	18.64M	16.12M	12.74M	21.58M	18.35M	26.09M	9.81M	7.58M	5.64M
Property, Plant & Equipment	8.37M	8.67M	11.83M	11.6M	11.84M	10.85M	22.46M	7.88M	6.68M	5.55M
Fixed Asset Turnover	1.23x	1.18x	1.54x	1.77x	1.17x	1.02x	0.86x	3.07x	5.79x	6.60x
Goodwill	4.75M	0	0	0	0	0	0	58.92K	0	0
Intangible Assets	2.53M	1.56M	808.71K	59.92K	1.5K	4.3M	2.95M	1.78M	811.03K	0
Long-Term Investments	14.02M	43.2K	46.09K	1.08M	5.44M	30.59K	679.81K	95.97K	86.89K	86.27K
Other Non-Current Assets	4.77M	8.27M	3.33M	1.08M	9.75M	4.3M	2.95M	1.78M	0	0
Total Assets+	66.09M	34.29M	37.64M	41.62M	40.62M	30.78M	47.16M	29.21M	32.83M	35.13M
Asset Turnover	0.16x	0.30x	0.48x	0.49x	0.34x	0.36x	0.41x	0.83x	1.18x	1.04x
Asset Growth %	-0.63%	-0.48%	0.1%	0.11%	-0.02%	-0.24%	0.53%	-0.38%	0.12%	0.07%
Total Current Liabilities+	35.54M	21.38M	23.01M	24.01M	26.01M	29.8M	27.73M	19.57M	20.06M	13.46M
Accounts Payable	6.94M	5.99M	6.84M	11.77M	12.65M	14.93M	8.38M	2.29M	832.44K	993.1K
Days Payables Outstanding	397.15	287.56	253.18	393.15	642.36	765.31	197.32	49.1	10.2	12.54
Short-Term Debt	15.41M	7.8M	7.82M	6.08M	7.5M	7.39M	7.79M	7.2M	9M	2.09M
Deferred Revenue (Current)	1000K	1000K	1000K	355.2K	562.64K	476.99K	579.22K	717.41K	1000K	1000K
Other Current Liabilities	5.73M	1.92M	4.93M	5.26M	4.98M	6.71M	6.9M	8.82M	8.03M	1.19M
Current Ratio	0.88x	0.73x	0.94x	1.20x	0.73x	0.42x	1.14x	0.99x	1.26x	2.19x
Quick Ratio	0.82x	0.66x	0.91x	1.17x	0.72x	0.41x	1.12x	0.97x	1.20x	1.72x
Cash Conversion Cycle	-161.82	8.26	-26.33	-58.84	-254.96	-515.25	-51.09	98.51	88	146.11
Total Non-Current Liabilities+	98.69K	100.44K	108.93K	0	0	0	176.6K	20.37K	0	5.8M
Long-Term Debt	0	0	0	0	0	0	0	0	0	5.8M
Capital Lease Obligations	0	0	0	0	0	0	176.6K	20.37K	0	0
Deferred Tax Liabilities	86.33K	100.44K	108.93K	0	0	0	0	0	0	0
Other Non-Current Liabilities	12.36K	0	-108.93K	0	0	0	0	0	0	0
Total Liabilities	35.64M	21.48M	23.12M	24.01M	26.01M	29.8M	27.9M	19.59M	20.06M	19.26M
Total Debt+	15.27M	7.8M	7.82M	6.08M	7.5M	7.39M	8.04M	7.25M	9M	7.89M
Net Debt	11.49M	4.05M	4.56M	4.43M	5.98M	6.51M	4.25M	6.24M	7.7M	6.31M
Debt / Equity	0.50x	0.61x	0.54x	0.35x	0.51x	7.57x	0.42x	0.75x	0.70x	0.50x
Debt / EBITDA	-	-	3.25x	1.58x	-	-	-	21.69x	3.22x	15.50x
Net Debt / EBITDA	-	-	1.89x	1.15x	-	-	-	18.66x	2.75x	12.41x
Interest Coverage	-8.65x	-29.22x	-1.00x	0.35x	-7.48x	-17.06x	-10.92x	-5.69x	-0.34x	-3.49x
Total Equity+	30.45M	12.8M	14.52M	17.6M	14.61M	976.2K	19.25M	9.62M	12.76M	15.87M
Equity Growth %	-0.21%	-0.58%	0.13%	0.21%	-0.17%	-0.93%	18.72%	-0.5%	0.33%	0.24%
Book Value per Share	50.29	19.09	21.54	25.50	20.97	1.32	14.85	6.17	6.68	3.48
Total Shareholders' Equity	21.04M	3.71M	5.38M	8.26M	5.27M	-7.66M	19.25M	9.62M	12.76M	15.87M
Common Stock	776.55K	426.74K	123.95M	126.15M	126.26M	131.25M	161.1M	161.4M	165.12M	170.76M
Retained Earnings	-154.98M	-173.15M	-172.4M	-170.94M	-174.52M	-192.21M	-202.14M	-208.05M	-208.75M	-210.57M
Treasury Stock	-7.12M	-7.12M	0	0	0	0	0	0	0	0
Accumulated OCI	38.36M	37.81M	38.01M	37.26M	37.07M	37.66M	37.84M	33.82M	33.8M	33.24M
Minority Interest	9.41M	9.09M	9.13M	9.35M	9.34M	8.64M	-1.76K	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-25.91M	-2.82M	4.54M	2.47M	-1.68M	-1.78M	-16.15M	-9.04M	-2.33M	-2.38M
Operating CF Margin %	-2.52%	-0.28%	0.25%	0.12%	-0.12%	-0.16%	-0.83%	-0.37%	-0.06%	-0.07%
Operating CF Growth %	-1.05%	0.89%	2.61%	-0.46%	-1.68%	-0.06%	-8.06%	0.44%	0.74%	-0.03%
Net Income	-8.69M	-18.52M	939.31K	1.88M	-3.59M	-18.33M	-9.92M	-7.08M	-697.94K	0
Depreciation & Amortization	2.54M	2.58M	2.86M	3.67M	2.9M	3.48M	3.7M	7.24M	2.99M	2.12M
Stock-Based Compensation	102.28K	273.1K	487.41K	584.63K	494.32K	298.09K	2.95M	23.1K	1.36M	0
Deferred Taxes	3.76M	365.4K	725.71K	1.1M	3.81M	14.09M	5.7M	-23.1K	0	0
Other Non-Cash Items	-8.37M	10.4M	96.31K	-234.31K	132.49K	1M	187.39K	3.19M	2.35M	3.3M
Working Capital Changes	-15.25M	2.08M	-565.39K	-4.53M	-5.42M	-2.33M	-18.77M	-12.38M	-8.33M	-7.81M
Change in Receivables	2.91M	-913.49K	-6.84M	-10.29M	-4.34M	-3.33M	-392.49K	-3.73M	-591.03K	-2.1M
Change in Inventory	1.55M	-590.27K	652.92K	-320.27K	207.23K	59K	165.57K	101.79K	-1.79M	-5.17M
Change in Payables	-24.13M	-1.81M	-239.63K	4.03M	-503.27K	1.03M	-5.88M	-5.99M	-1.36M	-110.33K
Cash from Investing+	42.08M	9.1M	-3.78M	-4.07M	151.85K	-1.73M	-14M	4.31M	-1.21M	-1.08M
Capital Expenditures	-3.07M	-3.46M	-3.78M	-1.8M	-1.62M	-1.67M	-11.29M	-1.79M	-1.21M	-1.05M
CapEx % of Revenue	0.3%	0.34%	0.21%	0.09%	0.12%	0.15%	0.58%	0.07%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	46.64M	-11.97M	7.84K	-2.27M	1.77M	-90.98K	4.54M	6.1M	0	0
Cash from Financing+	-24.14M	-7.15M	-485.49K	176.79K	1.59M	3.07M	33.03M	22.72K	3.84M	3.75M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-542.81K	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-146.74K	0	0	176.79K	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-28.99M	-6.28M	757.18K	676.29K	-3.3M	-3.45M	-27.44M	-10.83M	-3.54M	-3.44M
FCF Margin %	-2.82%	-0.62%	0.04%	0.03%	-0.24%	-0.31%	-1.42%	-0.45%	-0.09%	-0.09%
FCF Growth %	-0.79%	0.78%	1.12%	-0.11%	-5.88%	-0.05%	-6.95%	0.61%	0.67%	0.03%
FCF per Share	-47.86	-9.37	1.12	0.98	-4.74	-4.68	-21.17	-6.95	-1.85	-0.75
FCF Conversion (FCF/Net Income)	3.45x	0.16x	5.29x	1.46x	0.47x	0.10x	1.63x	1.28x	3.33x	1.31x
Interest Paid	3.77M	498.93K	-450.02K	484.4K	0	0	0	553.88K	512.39K	404.71K
Taxes Paid	188.93K	192	3.06K	600	0	0	0	69.87K	8.18K	10.9K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-21.74%	-84.01%	6.29%	10.53%	-22.32%	-227.08%	-98.14%	-49.06%	-6.24%	-12.71%
Return on Invested Capital (ROIC)	-30.59%	-37.19%	-1.88%	0.62%	-13.16%	-92.79%	-50.3%	-12.3%	-0.82%	-5.66%
Gross Margin	37.96%	25.37%	45.75%	46.91%	47.87%	35.65%	48.18%	29.84%	22.91%	21.19%
Net Margin	-72.96%	-178.26%	4.72%	8.22%	-26.06%	-159.95%	-51.18%	-29.22%	-1.81%	-4.96%
Debt / Equity	0.50x	0.61x	0.54x	0.35x	0.51x	7.57x	0.42x	0.75x	0.70x	0.50x
Interest Coverage	-8.65x	-29.22x	-1.00x	0.35x	-7.48x	-17.06x	-10.92x	-5.69x	-0.34x	-3.49x
FCF Conversion	3.45x	0.16x	5.29x	1.46x	0.47x	0.10x	1.63x	1.28x	3.33x	1.31x
Revenue Growth	-84.91%	-0.89%	78.44%	13.13%	-32.98%	-19.78%	75.28%	24.98%	59.43%	-5.08%

Revenue by Segment

	2021	2022	2023	2024
Product and Service, Other	-	-	596.02K	304.48K
Product and Service, Other Growth	-	-	-	-48.91%
Products Related Parties	-	118K	165.52K	134.08K
Products Related Parties Growth	-	-	40.28%	-19.00%
Other Related Parties	-	20.09K	-	2.31K
Other Related Parties Growth	-	-	-	-
Software Related Parties	-	-	6.02K	-
Software Related Parties Growth	-	-	-	-
Cryptocurrency Mining	5.5M	-	-	-
Cryptocurrency Mining Growth	-	-	-	-

Frequently Asked Questions

Growth & Financials

Taoping Inc. (TAOP) reported $36.7M in revenue for fiscal year 2024. This represents a 68% decrease from $114.5M in 2011.

Taoping Inc. (TAOP) saw revenue decline by 5.1% over the past year.

Taoping Inc. (TAOP) reported a net loss of $1.8M for fiscal year 2024.

Dividend & Returns

Taoping Inc. (TAOP) has a return on equity (ROE) of -12.7%. Negative ROE indicates the company is unprofitable.

Taoping Inc. (TAOP) had negative free cash flow of $3.4M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Taoping Inc. (TAOP) 10-Year Financial Performance & Capital Metrics

TAOP • • Industrial / General

TechnologyInfrastructure SoftwareCloud Infrastructure & Data ManagementCloud Storage & Content Management

Revenue $37M -5.1%
EBITDA $509K -81.8%
Net Income -$2M -160.7%
EPS (Diluted) -0.40 -8.1%
Gross Margin 21.19% -7.5%
EBITDA Margin 1.39% -80.8%
Operating Margin -4.39% -757.2%
Net Margin -4.96% -174.6%
ROE -12.71% -103.8%
ROIC -5.66% -593.0%
Debt/Equity 0.50 -29.5%
Interest Coverage -3.49 -925.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 21.6%
✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 3 (bottom 3%)
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-6.01%

5Y21.6%

3Y23.67%

TTM-5.08%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-299.27%

EPS CAGR

10Y-

5Y-

3Y-

TTM-2259.73%

ROCE

10Y Avg-52.51%

5Y Avg-71.03%

3Y Avg-10.96%

Latest-9.34%

Peer Comparison

Cloud Storage & Content Management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ADBEAdobe Inc.	127.44B	304.44	24.63	10.8%	30%	61.34%	6.14%	0.43
SNCRSynchronoss Technologies, Inc.	99.99M	8.69	20.21	5.72%	-5.69%	-17.56%	13.36%	4.97
BOXBox, Inc.	3.91B	27.28	20.06	5.05%	19.71%	108.45%	8.44%	3.66
DBXDropbox, Inc.	4.68B	26.84	19.17	1.86%	19.87%		18.62%
CCSIConsensus Cloud Solutions, Inc.	430.86M	22.67	4.92	-3.36%	23.48%		20.5%
TAOPTaoping Inc.	11.92M	1.29	-3.23	-5.08%	-4.96%	-11.46%		0.50
BLZEBackblaze, Inc.	282.05M	4.89	-4.41	25.1%	-24.37%	-41.74%	3.83%	0.60
KLTRKaltura, Inc.	214.25M	1.51	-7.19	2.02%	-7.1%	-72.43%	5.47%	2.15

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	10.28M	10.19M	18.19M	20.58M	13.79M	11.06M	19.39M	24.23M	38.64M	36.67M
Revenue Growth %	-0.85%	-0.01%	0.78%	0.13%	-0.33%	-0.2%	0.75%	0.25%	0.59%	-0.05%
Cost of Goods Sold+	6.38M	7.61M	9.87M	10.92M	7.19M	7.12M	15.5M	17M	29.78M	28.9M
COGS % of Revenue	0.62%	0.75%	0.54%	0.53%	0.52%	0.64%	0.8%	0.7%	0.77%	0.79%
Gross Profit+	3.9M	2.59M	8.32M	9.65M	6.6M	3.94M	9.34M	7.23M	8.85M	7.77M
Gross Margin %	0.38%	0.25%	0.46%	0.47%	0.48%	0.36%	0.48%	0.3%	0.23%	0.21%
Gross Profit Growth %	-0.83%	-0.34%	2.22%	0.16%	-0.32%	-0.4%	1.37%	-0.23%	0.22%	-0.12%
Operating Expenses+	16.83M	12.5M	8.3M	8.93M	10.34M	20.75M	17.87M	10.4M	9.05M	9.38M
OpEx % of Revenue	1.64%	1.23%	0.46%	0.43%	0.75%	1.88%	0.92%	0.43%	0.23%	0.26%
Selling, General & Admin	13.89M	9.68M	4.74M	4.73M	7.18M	17.42M	13.58M	6.79M	6.08M	6.95M
SG&A % of Revenue	1.35%	0.95%	0.26%	0.23%	0.52%	1.57%	0.7%	0.28%	0.16%	0.19%
Research & Development	3.45M	3.04M	4.03M	4.76M	3.59M	3.89M	4.48M	3.61M	2.97M	2.42M
R&D % of Revenue	0.34%	0.3%	0.22%	0.23%	0.26%	0.35%	0.23%	0.15%	0.08%	0.07%
Other Operating Expenses	776.23K	-326.55K	281.56K	400.57K	-431.56K	-556.19K	-181.62K	0	0	0
Operating Income+	-26.96M	-14.58M	-450.7K	168.82K	-3.74M	-17.37M	-10.14M	-3.17M	-197.7K	-1.61M
Operating Margin %	-2.62%	-1.43%	-0.02%	0.01%	-0.27%	-1.57%	-0.52%	-0.13%	-0.01%	-0.04%
Operating Income Growth %	0.1%	0.46%	0.97%	1.37%	-23.16%	-3.64%	0.42%	0.69%	0.94%	-7.14%
EBITDA+	-24.42M	-12M	2.41M	3.84M	-839.65K	-13.89M	-7.94M	334.36K	2.8M	508.75K
EBITDA Margin %	-2.37%	-1.18%	0.13%	0.19%	-0.06%	-1.26%	-0.41%	0.01%	0.07%	0.01%
EBITDA Growth %	0.03%	0.51%	1.2%	0.6%	-1.22%	-15.54%	0.43%	1.04%	7.36%	-0.82%
D&A (Non-Cash Add-back)	2.54M	2.58M	2.86M	3.67M	2.9M	3.48M	2.2M	3.5M	2.99M	2.12M
EBIT	-1.27M	-17.97M	318.99K	1.16M	-3.37M	-17.38M	-10.83M	43.93K	356.46K	-1.34M
Net Interest Income+	-3.04M	-481.51K	-442.12K	-448.02K	-366.33K	-1.01M	-923.72K	-548.48K	-578.53K	-458.3K
Interest Income	76.72K	17.42K	7.9K	36.38K	133.52K	4.8K	4.64K	7.96K	2.1K	2.24K
Interest Expense	3.12M	498.93K	450.02K	484.4K	499.85K	1.02M	928.35K	556.43K	580.63K	460.54K
Other Income/Expense	22.57M	-3.89M	319.67K	508.73K	0	-1.04M	-1.62M	2.65M	-26.47K	-196.68K
Pretax Income+	-4.39M	-18.47M	-131.03K	677.55K	-3.87M	-18.4M	-11.76M	-512.5K	-224.17K	-1.81M
Pretax Margin %	-0.43%	-1.81%	-0.01%	0.03%	-0.28%	-1.66%	-0.61%	-0.02%	-0.01%	-0.05%
Income Tax+	4.31M	57.84K	-1.07M	-1.2M	-274.48K	-71.32K	5.32K	69.87K	7.98K	14.14K
Effective Tax Rate %	1.71%	0.98%	-6.55%	2.5%	0.93%	0.96%	0.84%	13.82%	3.11%	1.01%
Net Income+	-7.5M	-18.17M	858.61K	1.69M	-3.59M	-17.69M	-9.92M	-7.08M	-697.94K	-1.82M
Net Margin %	-0.73%	-1.78%	0.05%	0.08%	-0.26%	-1.6%	-0.51%	-0.29%	-0.02%	-0.05%
Net Income Growth %	0.74%	-1.42%	1.05%	0.97%	-3.12%	-3.92%	0.44%	0.29%	0.9%	-1.61%
Net Income (Continuing)	-8.69M	-18.52M	939.31K	1.88M	-3.59M	-18.33M	-11.76M	-582.37K	-232.15K	-1.82M
Discontinued Operations	1.5M	0	0	0	0	0	1.84M	-6.5M	-465.79K	0
Minority Interest	9.41M	9.09M	9.13M	9.35M	9.34M	8.64M	-1.76K	0	0	0
EPS (Diluted)+	-12.39	-27.10	1.27	2.45	-5.16	-24.00	-7.66	-0.37	-0.37	-0.40
EPS Growth %	0.77%	-1.19%	1.05%	0.93%	-3.11%	-3.65%	0.68%	0.95%	0%	-0.08%
EPS (Basic)	-12.61	-27.10	1.28	2.47	-5.16	-24.00	-7.66	-0.37	-0.37	-0.40
Diluted Shares Outstanding	605.57K	670.53K	673.94K	690.31K	696.47K	737.33K	1.3M	1.56M	1.91M	4.56M
Basic Shares Outstanding	595.1K	670.53K	670.52K	683.82K	696.47K	737.33K	1.3M	1.56M	1.91M	4.53M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	31.19M	15.65M	21.52M	28.88M	19.03M	12.43M	31.58M	19.4M	25.25M	29.49M
Cash & Short-Term Investments	3.79M	3.75M	3.26M	1.65M	1.52M	882.77K	4.53M	1.01M	1.3M	1.58M
Cash Only	3.79M	3.75M	3.26M	1.65M	1.52M	882.77K	4.53M	1.01M	1.3M	1.58M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	3.18M	6.28M	10.14M	17.54M	14.06M	7.18M	7.11M	9.29M	8.77M	7.92M
Days Sales Outstanding	112.86	224.91	203.49	311.13	372.02	237.01	133.83	139.96	82.88	78.87
Inventory	2.14M	1.48M	631.61K	693.68K	302.94K	254.68K	526.66K	356.36K	1.25M	6.32M
Days Inventory Outstanding	122.47	70.91	23.36	23.18	15.38	13.06	12.4	7.65	15.33	79.78
Other Current Assets	24.78M	203.96K	7.49M	8.99M	187.34K	852.8K	19.35M	1.49M	13.58M	85.35K
Total Non-Current Assets+	34.9M	18.64M	16.12M	12.74M	21.58M	18.35M	26.09M	9.81M	7.58M	5.64M
Property, Plant & Equipment	8.37M	8.67M	11.83M	11.6M	11.84M	10.85M	22.46M	7.88M	6.68M	5.55M
Fixed Asset Turnover	1.23x	1.18x	1.54x	1.77x	1.17x	1.02x	0.86x	3.07x	5.79x	6.60x
Goodwill	4.75M	0	0	0	0	0	0	58.92K	0	0
Intangible Assets	2.53M	1.56M	808.71K	59.92K	1.5K	4.3M	2.95M	1.78M	811.03K	0
Long-Term Investments	14.02M	43.2K	46.09K	1.08M	5.44M	30.59K	679.81K	95.97K	86.89K	86.27K
Other Non-Current Assets	4.77M	8.27M	3.33M	1.08M	9.75M	4.3M	2.95M	1.78M	0	0
Total Assets+	66.09M	34.29M	37.64M	41.62M	40.62M	30.78M	47.16M	29.21M	32.83M	35.13M
Asset Turnover	0.16x	0.30x	0.48x	0.49x	0.34x	0.36x	0.41x	0.83x	1.18x	1.04x
Asset Growth %	-0.63%	-0.48%	0.1%	0.11%	-0.02%	-0.24%	0.53%	-0.38%	0.12%	0.07%
Total Current Liabilities+	35.54M	21.38M	23.01M	24.01M	26.01M	29.8M	27.73M	19.57M	20.06M	13.46M
Accounts Payable	6.94M	5.99M	6.84M	11.77M	12.65M	14.93M	8.38M	2.29M	832.44K	993.1K
Days Payables Outstanding	397.15	287.56	253.18	393.15	642.36	765.31	197.32	49.1	10.2	12.54
Short-Term Debt	15.41M	7.8M	7.82M	6.08M	7.5M	7.39M	7.79M	7.2M	9M	2.09M
Deferred Revenue (Current)	1000K	1000K	1000K	355.2K	562.64K	476.99K	579.22K	717.41K	1000K	1000K
Other Current Liabilities	5.73M	1.92M	4.93M	5.26M	4.98M	6.71M	6.9M	8.82M	8.03M	1.19M
Current Ratio	0.88x	0.73x	0.94x	1.20x	0.73x	0.42x	1.14x	0.99x	1.26x	2.19x
Quick Ratio	0.82x	0.66x	0.91x	1.17x	0.72x	0.41x	1.12x	0.97x	1.20x	1.72x
Cash Conversion Cycle	-161.82	8.26	-26.33	-58.84	-254.96	-515.25	-51.09	98.51	88	146.11
Total Non-Current Liabilities+	98.69K	100.44K	108.93K	0	0	0	176.6K	20.37K	0	5.8M
Long-Term Debt	0	0	0	0	0	0	0	0	0	5.8M
Capital Lease Obligations	0	0	0	0	0	0	176.6K	20.37K	0	0
Deferred Tax Liabilities	86.33K	100.44K	108.93K	0	0	0	0	0	0	0
Other Non-Current Liabilities	12.36K	0	-108.93K	0	0	0	0	0	0	0
Total Liabilities	35.64M	21.48M	23.12M	24.01M	26.01M	29.8M	27.9M	19.59M	20.06M	19.26M
Total Debt+	15.27M	7.8M	7.82M	6.08M	7.5M	7.39M	8.04M	7.25M	9M	7.89M
Net Debt	11.49M	4.05M	4.56M	4.43M	5.98M	6.51M	4.25M	6.24M	7.7M	6.31M
Debt / Equity	0.50x	0.61x	0.54x	0.35x	0.51x	7.57x	0.42x	0.75x	0.70x	0.50x
Debt / EBITDA	-	-	3.25x	1.58x	-	-	-	21.69x	3.22x	15.50x
Net Debt / EBITDA	-	-	1.89x	1.15x	-	-	-	18.66x	2.75x	12.41x
Interest Coverage	-8.65x	-29.22x	-1.00x	0.35x	-7.48x	-17.06x	-10.92x	-5.69x	-0.34x	-3.49x
Total Equity+	30.45M	12.8M	14.52M	17.6M	14.61M	976.2K	19.25M	9.62M	12.76M	15.87M
Equity Growth %	-0.21%	-0.58%	0.13%	0.21%	-0.17%	-0.93%	18.72%	-0.5%	0.33%	0.24%
Book Value per Share	50.29	19.09	21.54	25.50	20.97	1.32	14.85	6.17	6.68	3.48
Total Shareholders' Equity	21.04M	3.71M	5.38M	8.26M	5.27M	-7.66M	19.25M	9.62M	12.76M	15.87M
Common Stock	776.55K	426.74K	123.95M	126.15M	126.26M	131.25M	161.1M	161.4M	165.12M	170.76M
Retained Earnings	-154.98M	-173.15M	-172.4M	-170.94M	-174.52M	-192.21M	-202.14M	-208.05M	-208.75M	-210.57M
Treasury Stock	-7.12M	-7.12M	0	0	0	0	0	0	0	0
Accumulated OCI	38.36M	37.81M	38.01M	37.26M	37.07M	37.66M	37.84M	33.82M	33.8M	33.24M
Minority Interest	9.41M	9.09M	9.13M	9.35M	9.34M	8.64M	-1.76K	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-25.91M	-2.82M	4.54M	2.47M	-1.68M	-1.78M	-16.15M	-9.04M	-2.33M	-2.38M
Operating CF Margin %	-2.52%	-0.28%	0.25%	0.12%	-0.12%	-0.16%	-0.83%	-0.37%	-0.06%	-0.07%
Operating CF Growth %	-1.05%	0.89%	2.61%	-0.46%	-1.68%	-0.06%	-8.06%	0.44%	0.74%	-0.03%
Net Income	-8.69M	-18.52M	939.31K	1.88M	-3.59M	-18.33M	-9.92M	-7.08M	-697.94K	0
Depreciation & Amortization	2.54M	2.58M	2.86M	3.67M	2.9M	3.48M	3.7M	7.24M	2.99M	2.12M
Stock-Based Compensation	102.28K	273.1K	487.41K	584.63K	494.32K	298.09K	2.95M	23.1K	1.36M	0
Deferred Taxes	3.76M	365.4K	725.71K	1.1M	3.81M	14.09M	5.7M	-23.1K	0	0
Other Non-Cash Items	-8.37M	10.4M	96.31K	-234.31K	132.49K	1M	187.39K	3.19M	2.35M	3.3M
Working Capital Changes	-15.25M	2.08M	-565.39K	-4.53M	-5.42M	-2.33M	-18.77M	-12.38M	-8.33M	-7.81M
Change in Receivables	2.91M	-913.49K	-6.84M	-10.29M	-4.34M	-3.33M	-392.49K	-3.73M	-591.03K	-2.1M
Change in Inventory	1.55M	-590.27K	652.92K	-320.27K	207.23K	59K	165.57K	101.79K	-1.79M	-5.17M
Change in Payables	-24.13M	-1.81M	-239.63K	4.03M	-503.27K	1.03M	-5.88M	-5.99M	-1.36M	-110.33K
Cash from Investing+	42.08M	9.1M	-3.78M	-4.07M	151.85K	-1.73M	-14M	4.31M	-1.21M	-1.08M
Capital Expenditures	-3.07M	-3.46M	-3.78M	-1.8M	-1.62M	-1.67M	-11.29M	-1.79M	-1.21M	-1.05M
CapEx % of Revenue	0.3%	0.34%	0.21%	0.09%	0.12%	0.15%	0.58%	0.07%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	46.64M	-11.97M	7.84K	-2.27M	1.77M	-90.98K	4.54M	6.1M	0	0
Cash from Financing+	-24.14M	-7.15M	-485.49K	176.79K	1.59M	3.07M	33.03M	22.72K	3.84M	3.75M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-542.81K	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-146.74K	0	0	176.79K	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-28.99M	-6.28M	757.18K	676.29K	-3.3M	-3.45M	-27.44M	-10.83M	-3.54M	-3.44M
FCF Margin %	-2.82%	-0.62%	0.04%	0.03%	-0.24%	-0.31%	-1.42%	-0.45%	-0.09%	-0.09%
FCF Growth %	-0.79%	0.78%	1.12%	-0.11%	-5.88%	-0.05%	-6.95%	0.61%	0.67%	0.03%
FCF per Share	-47.86	-9.37	1.12	0.98	-4.74	-4.68	-21.17	-6.95	-1.85	-0.75
FCF Conversion (FCF/Net Income)	3.45x	0.16x	5.29x	1.46x	0.47x	0.10x	1.63x	1.28x	3.33x	1.31x
Interest Paid	3.77M	498.93K	-450.02K	484.4K	0	0	0	553.88K	512.39K	404.71K
Taxes Paid	188.93K	192	3.06K	600	0	0	0	69.87K	8.18K	10.9K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-21.74%	-84.01%	6.29%	10.53%	-22.32%	-227.08%	-98.14%	-49.06%	-6.24%	-12.71%
Return on Invested Capital (ROIC)	-30.59%	-37.19%	-1.88%	0.62%	-13.16%	-92.79%	-50.3%	-12.3%	-0.82%	-5.66%
Gross Margin	37.96%	25.37%	45.75%	46.91%	47.87%	35.65%	48.18%	29.84%	22.91%	21.19%
Net Margin	-72.96%	-178.26%	4.72%	8.22%	-26.06%	-159.95%	-51.18%	-29.22%	-1.81%	-4.96%
Debt / Equity	0.50x	0.61x	0.54x	0.35x	0.51x	7.57x	0.42x	0.75x	0.70x	0.50x
Interest Coverage	-8.65x	-29.22x	-1.00x	0.35x	-7.48x	-17.06x	-10.92x	-5.69x	-0.34x	-3.49x
FCF Conversion	3.45x	0.16x	5.29x	1.46x	0.47x	0.10x	1.63x	1.28x	3.33x	1.31x
Revenue Growth	-84.91%	-0.89%	78.44%	13.13%	-32.98%	-19.78%	75.28%	24.98%	59.43%	-5.08%

Revenue by Segment

	2021	2022	2023	2024
Product and Service, Other	-	-	596.02K	304.48K
Product and Service, Other Growth	-	-	-	-48.91%
Products Related Parties	-	118K	165.52K	134.08K
Products Related Parties Growth	-	-	40.28%	-19.00%
Other Related Parties	-	20.09K	-	2.31K
Other Related Parties Growth	-	-	-	-
Software Related Parties	-	-	6.02K	-
Software Related Parties Growth	-	-	-	-
Cryptocurrency Mining	5.5M	-	-	-
Cryptocurrency Mining Growth	-	-	-	-

Frequently Asked Questions

Growth & Financials

Taoping Inc. (TAOP) reported $36.7M in revenue for fiscal year 2024. This represents a 68% decrease from $114.5M in 2011.

Taoping Inc. (TAOP) saw revenue decline by 5.1% over the past year.

Taoping Inc. (TAOP) reported a net loss of $1.8M for fiscal year 2024.

Dividend & Returns

Taoping Inc. (TAOP) has a return on equity (ROE) of -12.7%. Negative ROE indicates the company is unprofitable.

Taoping Inc. (TAOP) had negative free cash flow of $3.4M in fiscal year 2024, likely due to heavy capital investments.