| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | -6,903,858 | -5,455,611 |
| Accounts payable | - | -1 |
| Depreciation and amortization | 10,664,999 | 7,090,582 |
| Gain on derivative liability | 5,651 | 5,348 |
| Gain from disposal and impairment of property, plant and equipment | 3,709 | - |
| (recovery from) allowance for bad debts | -26,677 | -31,138 |
| Allowances for inventories, net | 31,522 | 31,436 |
| Accounts receivable | 1,811,293 | 1,579,675 |
| Notes payable | - | 0 |
| Prepayments and other current assets | 1,319,298 | -860,449 |
| Inventories | 1,477,521 | 2,694,397 |
| Accounts payable | -1 | - |
| Related parties | 245,948 | 143,875 |
| Accrued payroll and employee benefits | 158,777 | 144,797 |
| Advance from customers | - | 0 |
| Other payables and accrued liabilities | 673,142 | 527,615 |
| Income taxes payable | 225,114 | -81,025 |
| Net cash provided by operating activities | 388,450 | -1,111,313 |
| Purchases of property, plant and equipment | 29,977 | 29,896 |
| Proceeds from sale of property, plant and equipment | 4,191 | - |
| Net cash used in investing activities | -25,786 | -29,896 |
| Proceeds from issuance of shares and warrants, net | 1,063,124 | - |
| Proceeds from short term bank loans | 5,057,067 | 1,003,093 |
| Proceeds from long term loans | 4,692,455 | - |
| Proceeds from issuance of shares | - | 1,063,124 |
| Repayment of bank loans | 9,162,791 | 417,955 |
| Net cash provided by (used in) financing activities | 1,649,855 | 1,648,262 |
| Effect of exchange rate changes on cash and cash equivalents | 156,612 | 51,726 |
| Net increase in cash and cash equivalents | 2,169,131 | 558,779 |
| Cash and cash equivalents at beginning of period | 6,950,576 | - |
| Cash and cash equivalents at end of period | 9,119,707 | - |
IT TECH PACKAGING, INC. (ITP)
IT TECH PACKAGING, INC. (ITP)