Taoping Historical Income Statement

TAOP Stock

USD 0.34 0.01 3.03%

Historical analysis of Taoping income statement accounts such as Total Revenue of 37.9 M, Gross Profit of 14.5 M, Other Operating Expenses of 41.6 M or Ebit of 374.3 K can show how well Taoping performed in making a profits. Evaluating Taoping income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Taoping's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Taoping latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Taoping is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taoping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Taoping Stock, please use our How to Invest in Taoping guide.

About Taoping Income Statement Analysis

Taoping Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Taoping shareholders. The income statement also shows Taoping investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Taoping Income Statement Chart

At this time, Taoping's Reconciled Depreciation is relatively stable compared to the past year.

Selling And Marketing Expenses Total Revenue Gross Profit Reconciled Depreciation

Total Revenue

Total revenue comprises all receipts Taoping generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Taoping minus its cost of goods sold. It is profit before Taoping operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Taoping's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Taoping current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taoping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Taoping Stock, please use our How to Invest in Taoping guide.At this time, Taoping's Reconciled Depreciation is relatively stable compared to the past year.

	2021	2022	2023	2024 (projected)
Interest Expense	928.4K	556.4K	580.6K	551.6K
Depreciation And Amortization	2.2M	3.5M	3.0M	3.8M

Interest Expense Depreciation And Amortization

Taoping income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Research Development	Minority Interest	Tax Provision	Discontinued Operations	Net Income From Continuing Ops	Extraordinary Items	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.65	0.78	0.84	0.91	0.8	0.92	-0.6	-0.58	-0.45	0.82	-0.63	-0.64	-0.63	0.18	0.92	0.45	0.43	-0.58	-0.63	-0.5	-0.63	0.53	0.2	-0.18
Interest Expense	0.65		0.78	0.94	0.71	0.56	0.82	-0.73	-0.66	-0.61	0.81	-0.71	-0.65	-0.7	-0.03	0.74	0.1	0.73	-0.49	-0.7	-0.63	-0.7	0.76	0.19	-0.3
Selling General Administrative	0.78	0.78		0.82	0.65	0.41	0.93	-0.95	-0.95	-0.89	1.0	-0.96	-0.89	-0.96	0.22	0.74	0.14	0.67	-0.54	-0.63	-0.58	-0.63	0.57	0.09	-0.24
Selling And Marketing Expenses	0.84	0.94	0.82		0.86	0.72	0.92	-0.71	-0.65	-0.56	0.86	-0.72	-0.72	-0.71	-0.02	0.89	0.19	0.66	-0.65	-0.8	-0.69	-0.8	0.76	0.26	-0.32
Total Revenue	0.91	0.71	0.65	0.86		0.94	0.89	-0.43	-0.39	-0.26	0.71	-0.47	-0.54	-0.47	-0.04	0.99	0.35	0.28	-0.65	-0.69	-0.49	-0.69	0.56	0.19	-0.18
Gross Profit	0.8	0.56	0.41	0.72	0.94		0.7	-0.15	-0.1	0.03	0.48	-0.18	-0.27	-0.18	-0.11	0.87	0.41	0.11	-0.57	-0.59	-0.39	-0.59	0.47	0.18	-0.15
Other Operating Expenses	0.92	0.82	0.93	0.92	0.89	0.7		-0.8	-0.77	-0.68	0.95	-0.82	-0.81	-0.82	0.12	0.94	0.26	0.55	-0.63	-0.71	-0.58	-0.71	0.61	0.14	-0.22
Operating Income	-0.6	-0.73	-0.95	-0.71	-0.43	-0.15	-0.8		0.99	0.98	-0.93	0.99	0.88	0.99	-0.28	-0.55	-0.04	-0.75	0.38	0.52	0.52	0.52	-0.52	-0.1	0.25
Ebit	-0.58	-0.66	-0.95	-0.65	-0.39	-0.1	-0.77	0.99		0.99	-0.92	0.99	0.88	0.99	-0.27	-0.51	-0.05	-0.71	0.37	0.47	0.5	0.47	-0.45	-0.01	0.23
Ebitda	-0.45	-0.61	-0.89	-0.56	-0.26	0.03	-0.68	0.98	0.99		-0.86	0.97	0.85	0.97	-0.27	-0.39	0.03	-0.7	0.3	0.4	0.46	0.4	-0.39	0.02	0.21
Total Operating Expenses	0.82	0.81	1.0	0.86	0.71	0.48	0.95	-0.93	-0.92	-0.86		-0.94	-0.88	-0.94	0.2	0.78	0.19	0.68	-0.55	-0.65	-0.6	-0.65	0.59	0.1	-0.25
Income Before Tax	-0.63	-0.71	-0.96	-0.72	-0.47	-0.18	-0.82	0.99	0.99	0.97	-0.94		0.94	1.0	-0.15	-0.58	-0.05	-0.74	0.48	0.55	0.54	0.55	-0.47	-0.08	0.23
Total Other Income Expense Net	-0.64	-0.65	-0.89	-0.72	-0.54	-0.27	-0.81	0.88	0.88	0.85	-0.88	0.94		0.93	0.11	-0.64	-0.05	-0.7	0.65	0.61	0.56	0.61	-0.39	-0.13	0.25
Net Income	-0.63	-0.7	-0.96	-0.71	-0.47	-0.18	-0.82	0.99	0.99	0.97	-0.94	1.0	0.93		-0.2	-0.58	-0.05	-0.73	0.46	0.54	0.54	0.54	-0.48	-0.07	0.23
Income Tax Expense	0.18	-0.03	0.22	-0.02	-0.04	-0.11	0.12	-0.28	-0.27	-0.27	0.2	-0.15	0.11	-0.2		0.0	0.02	-0.11	0.4	0.1	-0.02	0.1	0.24	0.0	-0.04
Cost Of Revenue	0.92	0.74	0.74	0.89	0.99	0.87	0.94	-0.55	-0.51	-0.39	0.78	-0.58	-0.64	-0.58	0.0		0.31	0.34	-0.66	-0.71	-0.51	-0.71	0.57	0.18	-0.18
Research Development	0.45	0.1	0.14	0.19	0.35	0.41	0.26	-0.04	-0.05	0.03	0.19	-0.05	-0.05	-0.05	0.02	0.31		0.17	0.17	0.26	0.28	0.26	-0.27	-0.18	0.14
Minority Interest	0.43	0.73	0.67	0.66	0.28	0.11	0.55	-0.75	-0.71	-0.7	0.68	-0.74	-0.7	-0.73	-0.11	0.34	0.17		-0.31	-0.38	-0.41	-0.38	0.41	0.29	-0.42
Tax Provision	-0.58	-0.49	-0.54	-0.65	-0.65	-0.57	-0.63	0.38	0.37	0.3	-0.55	0.48	0.65	0.46	0.4	-0.66	0.17	-0.31		0.88	0.66	0.88	-0.55	-0.24	0.26
Discontinued Operations	-0.63	-0.7	-0.63	-0.8	-0.69	-0.59	-0.71	0.52	0.47	0.4	-0.65	0.55	0.61	0.54	0.1	-0.71	0.26	-0.38	0.88		0.83	1.0	-0.87	-0.29	0.35
Net Income From Continuing Ops	-0.5	-0.63	-0.58	-0.69	-0.49	-0.39	-0.58	0.52	0.5	0.46	-0.6	0.54	0.56	0.54	-0.02	-0.51	0.28	-0.41	0.66	0.83		0.83	-0.75	0.04	0.43
Extraordinary Items	-0.63	-0.7	-0.63	-0.8	-0.69	-0.59	-0.71	0.52	0.47	0.4	-0.65	0.55	0.61	0.54	0.1	-0.71	0.26	-0.38	0.88	1.0	0.83		-0.87	-0.29	0.35
Interest Income	0.53	0.76	0.57	0.76	0.56	0.47	0.61	-0.52	-0.45	-0.39	0.59	-0.47	-0.39	-0.48	0.24	0.57	-0.27	0.41	-0.55	-0.87	-0.75	-0.87		0.34	-0.41
Net Interest Income	0.2	0.19	0.09	0.26	0.19	0.18	0.14	-0.1	-0.01	0.02	0.1	-0.08	-0.13	-0.07	0.0	0.18	-0.18	0.29	-0.24	-0.29	0.04	-0.29	0.34		-0.2
Reconciled Depreciation	-0.18	-0.3	-0.24	-0.32	-0.18	-0.15	-0.22	0.25	0.23	0.21	-0.25	0.23	0.25	0.23	-0.04	-0.18	0.14	-0.42	0.26	0.35	0.43	0.35	-0.41	-0.2

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Taoping Account Relationship Matchups

Taoping income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.3M	3.5M	2.2M	3.5M	3.0M	3.8M
Interest Expense	499.9K	1.0M	928.4K	556.4K	580.6K	551.6K
Selling General Administrative	6.7M	16.7M	12.9M	6.1M	5.6M	5.3M
Selling And Marketing Expenses	523.6K	714.1K	694.5K	639.1K	482.4K	458.2K
Total Revenue	13.8M	11.1M	24.8M	24.2M	38.6M	37.9M
Gross Profit	6.6M	3.9M	9.3M	7.2M	8.9M	14.5M
Other Operating Expenses	17.5M	27.9M	33.4M	27.3M	38.8M	41.6M
Operating Income	(3.7M)	(16.8M)	(8.5M)	43.9K	(197.7K)	(207.6K)
Ebit	(3.7M)	(17.4M)	(10.8M)	43.9K	356.5K	374.3K
Ebitda	(467.9K)	(13.9M)	(8.6M)	3.5M	3.3M	3.5M
Total Operating Expenses	10.3M	20.8M	17.9M	10.2M	9.0M	8.6M
Income Before Tax	(3.9M)	(18.4M)	(9.9M)	(512.5K)	(224.2K)	(235.4K)
Total Other Income Expense Net	(128.1K)	(1.0M)	(1.6M)	2.7M	(26.5K)	(27.8K)
Net Income	(3.6M)	(18.3M)	(9.9M)	(582.4K)	(697.9K)	(732.8K)
Income Tax Expense	(274.5K)	(71.3K)	5.3K	69.9K	8.0K	7.6K
Cost Of Revenue	7.2M	7.1M	15.5M	17.0M	29.8M	24.7M
Net Income Applicable To Common Shares	1.7M	(3.6M)	(17.7M)	(9.9M)	(8.9M)	(8.5M)
Research Development	3.6M	3.9M	4.5M	3.6M	3.0M	3.7M
Tax Provision	(274.5K)	(71.3K)	5.3K	69.9K	8.0K	8.4K
Net Income From Continuing Ops	(3.6M)	(18.3M)	(9.9M)	(582.4K)	(232.2K)	(243.8K)
Interest Income	133.5K	4.8K	4.6K	8.0K	2.1K	2.0K
Net Interest Income	(366.3K)	(1.0M)	(923.7K)	(548.5K)	(578.5K)	(607.5K)
Reconciled Depreciation	2.9M	3.5M	3.7M	7.2M	3.0M	4.2M

Pair Trading with Taoping

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Taoping position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Taoping will appreciate offsetting losses from the drop in the long position's value.

Moving against Taoping Stock

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0.72	EVCM	EverCommerce	Pair Corr
0.71	FIVN	Five9 Inc	Pair Corr
0.62	S	SentinelOne	Pair Corr

The ability to find closely correlated positions to Taoping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taoping when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Taoping - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Taoping to buy it.

The correlation of Taoping is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Taoping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taoping moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Taoping can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Taoping Stock Analysis

When running Taoping's price analysis, check to measure Taoping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.

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Taoping Historical Income Statement

About Taoping Income Statement Analysis

Taoping Income Statement Chart

Total Revenue

Gross Profit

Taoping income statement Correlations

Taoping Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Taoping income statement Accounts

Pair Trading with Taoping

Moving against Taoping Stock

Additional Tools for Taoping Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Operating Expenses	+ 1.0	Selling General Administrative
Net Income	+ 1.0	Income Before Tax
Extraordinary Items	+ 1.0	Discontinued Operations
Cost Of Revenue	+ 0.99	Total Revenue
Ebit	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Operating Income

Net Income	- 0.96	Selling General Administrative
Income Before Tax	- 0.96	Selling General Administrative
Ebit	- 0.95	Selling General Administrative
Operating Income	- 0.95	Selling General Administrative
Net Income	- 0.94	Total Operating Expenses
Income Before Tax	- 0.94	Total Operating Expenses