IT TECH PACKAGING, INC. (ITP)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Revenues | 24,794,641 | 25,081,500 | 26,249,788 | |
| Cost of sales | 23,520,896 | 23,164,119 | 22,984,488 | |
| Gross profit | 1,273,745 | 1,917,381 | 3,265,300 | |
| Selling, general and administrative expenses | 3,036,775 | 3,381,502 | 2,717,548 | |
| (loss) income from operations | -1,763,030 | -1,464,121 | 547,752 | |
| Interest income | 1,208 | - | - | |
| Interest expense | 143,971 | 171,430 | - | |
| Gain on derivative liability | 795 | 2 | - | |
| Interest income, other | - | 7,313 | 2,807 | |
| Interest expense, operating and nonoperating | - | - | 211,551 | |
| Unrealized gain (loss) on derivatives | - | - | 15 | |
| (loss) income before income taxes | -1,904,998 | -1,628,236 | 339,023 | |
| Income tax expenses | 46,828 | 345,710 | 416,770 | |
| Net loss | -1,951,826 | -1,973,946 | -77,747 | |
| Foreign currency translation adjustment | 429,292 | 2,843,180 | -756,150 | |
| Total comprehensive loss | -1,522,534 | 869,234 | -833,897 | |
| Basic losses per share (in dollars per share) | -0.16 | -0.2 | -0.008 | |
| Diluted losses per share (in dollars per share) | -0.16 | -0.2 | -0.008 | |
| Outstanding basic (in shares) | 11,905,787 | 10,065,920 | 10,065,920 | |
| Outstanding diluted (in shares) | 11,905,787 | 10,065,920 | 10,065,920 | |