# Taoping Inc. (TAOP)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $2M  
**Price:** $1.55 (+11.51%)

> Taoping Inc. is a provider of smart cloud platform services and solutions focused on China's digital infrastructure and technology sectors. The company develops cloud-based technologies for Smart City Internet of Things platforms, digital advertising delivery, and internet-based information distribution systems. Taoping's core offerings include AI-powered Smart Terminals that enable rapid interaction, data collection, analysis, and personalized content delivery, as well as cloud-based products and services for private sector customers in new media, healthcare, education, and residential community management. The company has expanded into smart elevator services through the acquisition of Skyladder Group Limited, which specializes in intelligent robotics and AI-powered supervision across the elevator lifecycle. Additionally, Taoping has entered the modern agriculture sector, utilizing drones, artificial intelligence, big data, and IoT technologies to enhance agricultural production and operational efficiency. The company operates through business segments including Cloud-based Technology, Blockchain Technology, and Traditional Information Technology, with cloud-based technology serving as the primary revenue contributor.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $31M | $3M | -$9M | -$10M | $-7.88 |
| 2024 | $37M | $8M | -$2M | -$2M | $-7.60 |
| 2023 | $39M | $9M | $95,099 | -$697,941 | $-7.73 |
| 2022 | $24M | $7M | -$3M | -$7M | $-134.10 |
| 2021 | $19M | $7M | -$10M | -$10M | $-225.00 |
| 2020 | $11M | $4M | -$17M | -$18M | $-24.00 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $39M | $20M | $20M | $2M | $6M |
| 2024 | $35M | $19M | $16M | $2M | $6M |
| 2023 | $33M | $20M | $13M | $1M | — |
| 2022 | $29M | $20M | $10M | $1M | $20,369 |
| 2021 | $47M | $28M | $19M | $5M | $176,600 |
| 2020 | $31M | $30M | $976,200 | $882,770 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$10M | -$1M | -$4M |
| 2024 | -$4M | -$1M | -$3M |
| 2023 | $2M | -$1M | -$4M |
| 2022 | -$14M | -$711,070 | -$9M |
| 2021 | -$13M | -$11M | -$27M |
| 2020 | -$14M | -$2M | -$3M |

Source: [CompaniesByCap](https://companiesbycap.com/company/TAOP)