IT Tech Packaging, Inc. (ITP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 25.6M | 24.79M | 10.9M | 17.64M | 25.08M | 26.25M | 6.86M | 20.96M | 15.77M | 30.02M | 19.79M | 21.37M | 31.71M | 31.79M | 15.48M | 45.05M | 45.09M | 46.53M | 24.21M | 32.48M |
| Revenue Growth % | 2.07% | -5.54% | 58.76% | -15.84% | 59.03% | -12.56% | -65.32% | -1.91% | -50.26% | -5.56% | 27.83% | -52.56% | -29.67% | -31.69% | -36.05% | 38.7% | 35.17% | 76.52% | 176.87% | -3.35% |
| Cost of Goods Sold | 23.58M | 23.52M | 10.81M | 16.53M | 23.16M | 22.98M | 6.46M | 20.71M | 15.92M | 28.84M | 20.07M | 20.35M | 28.93M | 31.15M | 15.17M | 40.71M | 43.27M | 43.51M | 22.38M | 31.73M |
| COGS % of Revenue | 92.1% | 94.86% | 99.23% | 93.71% | 92.36% | 87.56% | 94.19% | 98.81% | 100.97% | 96.07% | 101.4% | 95.2% | 91.22% | 98.01% | 97.99% | 90.38% | 95.96% | 93.49% | 92.44% | 97.71% |
| Gross Profit | 2.02M | 1.27M | 84.09K | 1.11M | 1.92M | 3.27M | 399.11K | 250.25K | -153.22K | 1.18M | -277K | 1.03M | 2.78M | 634.04K | 310.44K | 4.34M | 1.82M | 3.03M | 1.83M | 745.32K |
| Gross Margin % | 7.9% | 5.14% | 0.77% | 6.29% | 7.64% | 12.44% | 5.81% | 1.19% | -0.97% | 3.93% | -1.4% | 4.8% | 8.78% | 1.99% | 2.01% | 9.62% | 4.04% | 6.51% | 7.56% | 2.29% |
| Gross Profit Growth % | 5.45% | -60.99% | -78.93% | 343.54% | 1351.37% | 176.75% | 244.08% | -75.61% | -105.5% | 86.09% | -189.23% | -76.33% | 52.82% | -79.07% | -83.05% | 481.76% | -29.06% | 18.38% | 1178.85% | -86.66% |
| Operating Expenses | 3.02M | 3.04M | 3.46M | 4.9M | 3.38M | 2.72M | 3.9M | 4.05M | 2.33M | 1.7M | 2.5M | 1.52M | 3.37M | 1.87M | 3.3M | 2.39M | 2.02M | 2.6M | 2.56M | 2.71M |
| OpEx % of Revenue | 11.79% | 12.25% | 31.76% | 27.79% | 13.48% | 10.35% | 56.83% | 19.32% | 14.78% | 5.66% | 12.61% | 7.1% | 10.63% | 5.88% | 21.32% | 5.29% | 4.48% | 5.58% | 10.56% | 8.35% |
| Selling, General & Admin | 3.02M | 3.04M | 0 | 0 | 3.38M | 2.72M | 3.9M | 0 | 0 | 0 | 0 | 0 | 3.37M | 1.87M | 3.3M | 2.39M | 2.02M | 2.6M | 2.56M | 2.71M |
| SG&A % of Revenue | 11.79% | 12.25% | - | - | 13.48% | 10.35% | 56.83% | - | - | - | - | - | 10.63% | 5.88% | 21.32% | 5.3% | 4.48% | 5.58% | 10.56% | 8.35% |
| Research & Development | 0 | 0 | 0 | 99.61K | 0 | 0 | 0 | 90.77K | 0 | 0 | 0 | 145.54K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 0.56% | - | - | - | 0.43% | - | - | - | 0.68% | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | -669 | 30 | -1.1K | 0 | 0 |
| Operating Income | -992.63K | -1.76M | -3.38M | -3.79M | -1.46M | 547.75K | -3.5M | -3.8M | -2.48M | -518.68K | -2.77M | -491.37K | -586.95K | -1.24M | -2.99M | 1.95M | -198.03K | 431.41K | -724.31K | -1.97M |
| Operating Margin % | -3.88% | -7.11% | -30.99% | -21.5% | -5.84% | 2.09% | -51.02% | -18.13% | -15.75% | -1.73% | -14.01% | -2.3% | -1.85% | -3.89% | -19.32% | 4.33% | -0.44% | 0.93% | -2.99% | -6.06% |
| Operating Income Growth % | 32.2% | -421.87% | 3.55% | 0.2% | 41.07% | 205.6% | -26.31% | -673.41% | -323.29% | 58.03% | 7.29% | -125.19% | -196.4% | -386.45% | -312.87% | 199.15% | -212.11% | 154.02% | 74.73% | -161.07% |
| EBITDA | 2.58M | 1.78M | 170.16K | 82.22K | 2.02M | 3.93M | -19.88K | -147.63K | 938.72K | 2.95M | 913.88K | 3.08M | 3.04M | 2.58M | 782.8K | 5.58M | 3.37M | 4.51M | 3.37M | 2.53M |
| EBITDA Margin % | 10.08% | 7.18% | 1.56% | 0.47% | 8.05% | 14.97% | -0.29% | -0.7% | 5.95% | 9.81% | 4.62% | 14.4% | 9.58% | 8.13% | 5.06% | 12.38% | 7.47% | 9.68% | 13.91% | 7.77% |
| EBITDA Growth % | 27.86% | -54.69% | 955.86% | 155.69% | 115.1% | 33.4% | -102.18% | -104.8% | -69.11% | 14.01% | 16.75% | -44.78% | -9.8% | -42.66% | -76.76% | 120.79% | -15.39% | 54.13% | 270.95% | -63.81% |
| D&A (Non-Cash Add-back) | 3.57M | 3.54M | 3.55M | 3.87M | 3.48M | 3.38M | 3.48M | 3.65M | 3.42M | 3.46M | 3.69M | 3.57M | 3.63M | 3.82M | 3.77M | 3.62M | 3.57M | 4.07M | 4.09M | 4.49M |
| EBIT | -991.18K | -1.76M | -3.38M | -3.69M | -1.46M | 550.57K | -3.5M | -2.67M | -2.49M | -143.55K | -2.77M | -491.37K | -1.2M | -272.64K | -2.57M | 5.03M | 1.75M | 4.95M | -4.16M | -1.86M |
| Net Interest Income | -149.56K | -142.76K | -131K | -166.62K | -164.12K | -208.74K | -208.11K | -184.96K | -154.52K | -217.04K | -112.9K | -233.2K | -248.95K | -254.18K | -267.36K | -269.56K | -269.63K | -272.18K | -274.57K | -273.67K |
| Interest Income | 1.15K | 1.21K | 1.74K | 2.49K | 7.31K | 2.81K | 2.18K | 31.89K | 93.3K | 53.64K | 136.27K | 8.16K | 7.73K | 4.92K | 3.46K | 10.67K | 12.04K | 11.72K | 4.33K | 8.25K |
| Interest Expense | 150.7K | 143.97K | 132.85K | 169.11K | 171.43K | 211.55K | 210.29K | 216.85K | 247.82K | 270.68K | 249.17K | 241.35K | 256.68K | 259.11K | 270.81K | 280.23K | 281.67K | 283.9K | 278.9K | 281.92K |
| Other Income/Expense | -149.25K | -141.97K | -126.55K | -172.26K | -164.12K | -208.73K | -208.07K | -184.75K | 505.91K | -383.55K | 39.2K | 455.38K | -868.08K | 704.02K | 153.23K | 2.8M | 1.67M | 4.24M | -3.71M | -172.04K |
| Pretax Income | -1.14M | -1.9M | -3.5M | -3.96M | -1.63M | 339.02K | -3.71M | -3.99M | -1.98M | -902.23K | -2.73M | -35.99K | -1.46M | -531.74K | -2.84M | 4.75M | 1.47M | 4.67M | -4.44M | -2.14M |
| Pretax Margin % | -4.46% | -7.68% | -32.15% | -22.47% | -6.49% | 1.29% | -54.05% | -19.01% | -12.55% | -3.01% | -13.81% | -0.17% | -4.59% | -1.67% | -18.33% | 10.55% | 3.26% | 10.03% | -18.34% | -6.59% |
| Income Tax | 306.36K | 46.83K | 0 | 79.92K | 345.71K | 416.77K | 36.79K | -1.07K | -3.24K | 351.26K | 0 | 11.87M | 432.29K | -243.83K | -348.99K | 595.96K | -71.39K | 5.12M | -100.2K | -522.44K |
| Effective Tax Rate % | -26.83% | -2.46% | 0% | -2.02% | -21.23% | 122.93% | -0.99% | 0.03% | 0.16% | -38.93% | 0% | -32983.83% | -29.71% | 45.85% | 12.3% | 12.54% | -4.85% | 109.71% | 2.26% | 24.42% |
| Net Income | -1.45M | -1.95M | -3.5M | -4.04M | -1.97M | -77.75K | -3.75M | -3.98M | -1.98M | -1.25M | -2.73M | -11.91M | -1.89M | -287.91K | -2.49M | 4.16M | 1.54M | -453.25K | -4.34M | -1.62M |
| Net Margin % | -5.66% | -7.87% | -32.15% | -22.93% | -7.87% | -0.3% | -54.58% | -19% | -12.52% | -4.18% | -13.81% | -55.72% | -5.95% | -0.91% | -16.07% | 9.22% | 3.42% | -0.97% | -17.92% | -4.98% |
| Net Income Growth % | 26.63% | -2410.48% | 6.48% | -1.53% | 0.07% | 93.8% | -37.08% | 66.54% | -4.67% | -335.37% | -9.84% | -386.59% | -222.35% | 36.48% | 42.65% | 357.01% | 396.09% | 53.75% | -78.09% | -175% |
| Net Income (Continuing) | -1.45M | -1.95M | -3.5M | -4.04M | -1.97M | -77.75K | -3.75M | -3.98M | -1.98M | -1.25M | -2.73M | -11.91M | -1.89M | -287.91K | -2.49M | 4.16M | 1.54M | -453.25K | -4.34M | -1.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.12 | -0.16 | -0.35 | -0.40 | -0.20 | -0.01 | -0.37 | -0.40 | -0.20 | -0.12 | -0.29 | -1.18 | -0.26 | -0.03 | -0.25 | 0.77 | 0.30 | -0.10 | -1.20 | -0.66 |
| EPS Growth % | 40% | - | 5.41% | 0% | 0% | 93.58% | -27.59% | 66.1% | 23.08% | -312.37% | -16% | -253.25% | -186.67% | 70.06% | 79.17% | 216.67% | 250% | 75.7% | -9.09% | -167.35% |
| EPS (Basic) | -0.12 | -0.16 | -0.35 | -0.40 | -0.20 | -0.01 | -0.37 | -0.40 | -0.20 | -0.12 | -0.29 | -1.18 | -0.19 | -0.03 | -0.25 | 0.77 | 0.30 | -0.10 | -1.20 | -0.66 |
| Diluted Shares Outstanding | 11.91M | 11.91M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 9.99M | 9.9M | 9.9M | 5.42M | 5.42M | 4.66M | 3.62M | 2.44M |
| Basic Shares Outstanding | 11.91M | 11.91M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 10.07M | 9.83M | 9.6M | 9.9M | 5.42M | 5.42M | 4.53M | 3.62M | 2.44M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |