Taoping Inc. Financial Summary

Quick Answer

Taoping Inc. reported Total Revenue of $36.67 million for fiscal year 2024.

Taoping Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $36.67M
-5.1%
$38.64M
+59.4%
$24.23M
+25.0%
$19.39M
+75.3%
$11.06M
-19.8%
$13.79M
-33.0%
Revenue (ASC 606) $36.67M
-5.1%
$38.64M
+59.4%
$24.23M
+25.0%
$19.39M
+75.3%
$11.06M
-19.8%
$13.79M
-33.0%
Net Income -$1.82M
-160.7%
-$697.9K
+90.1%
-$7.08M
+28.6%
-$9.92M
+43.9%
-$17.69M
-393.9%
-$3.58M
-311.7%
Diluted EPS -$0.29
+19.4%
-$0.36
+91.9%
-$4.47
+40.4%
-$7.50
-212.5%
-$2.40
-344.4%
-$0.54
-325.0%
Total Assets $35.13M
+7.0%
$32.83M
+12.4%
$29.21M
-38.1%
$47.16M
+53.2%
$30.78M
-24.2%
$40.62M
-2.4%
Cash and Equivalents $1.58M
+21.2%
$1.30M
+28.2%
$1.01M
-77.6%
$4.53M
+412.6%
$882.8K
-41.9%
$1.52M
-8.1%
Stockholders Equity $15.87M
+24.3%
$12.76M
+32.7%
$9.62M
-50.0%
$19.25M
+351.2%
-$7.66M
-245.5%
$5.27M
-36.2%
R&D Expense $2.42M
-18.3%
$2.97M
-17.7%
$3.61M
-19.5%
$4.48M
+15.2%
$3.89M
+8.2%
$3.59M
-24.5%
Operating Income -$1.61M
-713.6%
-$197.7K
+93.8%
-$3.17M
+68.8%
-$10.14M
+41.6%
-$17.37M
-316.3%
-$4.17M
-2571.3%
Gross Profit $7.77M
-12.2%
$8.85M
+22.4%
$7.23M
+8.4%
$6.67M
+69.2%
$3.94M
-40.3%
$6.60M
-31.6%
Shares Outstanding 13.38M
+362.8%
2.89M
+82.2%
1.59M
-89.8%
15.51M
+82.8%
8.49M
+21.2%
7.00M
-83.2%
  • Taoping Inc. reported Total Revenue of $36.67 million for fiscal year 2024.
  • Taoping Inc. showed a decrease of -5.1% in Total Revenue compared to the prior fiscal year.
  • Taoping Inc. reported Revenue (ASC 606) of $36.67 million for fiscal year 2024.
  • Taoping Inc. showed a decrease of -5.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • Taoping Inc. reported Net Income of -$1.82 million for fiscal year 2024.
  • Taoping Inc. showed a decrease of -160.7% in Net Income compared to the prior fiscal year.
  • Taoping Inc. reported Diluted EPS of $0.29 per share (loss) for fiscal year 2024.
  • Taoping Inc. showed an increase of +19.4% in Diluted EPS compared to the prior fiscal year.
  • Taoping Inc. reported Total Assets of $35.13 million for fiscal year 2024.
  • Taoping Inc. showed an increase of +7.0% in Total Assets compared to the prior fiscal year.
  • Taoping Inc. reported Cash and Equivalents of $1.58 million for fiscal year 2024.
  • Taoping Inc. showed an increase of +21.2% in Cash and Equivalents compared to the prior fiscal year.
  • Taoping Inc. reported Stockholders Equity of $15.87 million for fiscal year 2024.
  • Taoping Inc. showed an increase of +24.3% in Stockholders Equity compared to the prior fiscal year.
  • Taoping Inc. reported R&D Expense of $2.42 million for fiscal year 2024.
  • Taoping Inc. showed a decrease of -18.3% in R&D Expense compared to the prior fiscal year.
  • Taoping Inc. reported Operating Income of -$1.61 million for fiscal year 2024.
  • Taoping Inc. showed a decrease of -713.6% in Operating Income compared to the prior fiscal year.
  • Taoping Inc. reported Gross Profit of $7.77 million for fiscal year 2024.
  • Taoping Inc. showed a decrease of -12.2% in Gross Profit compared to the prior fiscal year.
  • Taoping Inc. reported Shares Outstanding of 13.38 million shares for fiscal year 2024.
  • Taoping Inc. showed an increase of +362.8% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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