balance equationreview2024-03-31
Difference 15049318 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
Revenue
$25.60M
Fiscal year ended 2025-09-30Operating income
-$992.63K
Fiscal year ended 2025-09-30Free cash flow
$1.50M
Fiscal year ended 2025-09-30IT TECH PACKAGING, INC. (ITP) reported revenue of $25.60M and net income of -$1.45M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from IT TECH PACKAGING, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Converted Paper & Paperboard Prods (No Contaners/Boxes).
Income
| Metric | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.60M | $24.79M | $10.90M | $17.64M | $25.08M | $26.25M | $6.86M | $20.96M | $15.77M | $30.02M |
| Cost of revenue | $23.58M | $23.52M | $10.81M | $16.53M | $23.16M | $22.98M | $6.46M | $20.71M | $15.92M | $28.84M |
| Gross profit | $2.02M | $1.27M | $84.09K | $1.11M | $1.92M | $3.27M | $399.11K | $250.25K | -$153.22K | $1.18M |
| Operating income | -$992.63K | -$1.76M | -$3.38M | -$3.79M | -$1.46M | $547.75K | -$3.50M | -$3.80M | -$2.48M | -$518.68K |
| Net income | -$1.45M | -$1.95M | -$3.50M | -$4.04M | -$1.97M | -$77.75K | -$3.75M | -$3.98M | -$1.98M | -$1.25M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 13.62M | shares 11.91M | shares 10.07M | Unavailable | shares 10.07M | shares 10.07M | shares 10.07M | Unavailable | shares 10.07M | shares 10.07M |
| Pretax income | -$1.14M | -$1.90M | -$3.50M | -$3.96M | -$1.63M | $339.02K | -$3.71M | -$3.99M | -$1.98M | -$902.23K |
| Income tax expense | $306.36K | $46.83K | Unavailable | $79.92K | $345.71K | $416.77K | $36.79K | -$1.07K | -$3.24K | $351.26K |
| Diluted EPS | $-0.11 | $-0.16 | $-0.35 | Unavailable | $-0.20 | $-0.01 | $-0.37 | Unavailable | $-0.20 | $-0.12 |
| Selling, general & administrative | $3.02M | $3.04M | $3.46M | $4.80M | $3.38M | $2.72M | $3.90M | $2.92M | $2.33M | $1.32M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $175.70M | $175.16M | $175.20M | $177.55M | $190.02M | $191.36M | $177.55M | $194.74M | $189.00M | $196.74M |
| Current assets | $35.76M | $32.64M | $29.50M | $28.46M | $32.97M | $33.43M | $30.01M | $28.36M | $41.06M | $47.69M |
| Total liabilities | $23.65M | $22.84M | $22.43M | $21.50M | $25.69M | $27.91M | $28.31M | $26.41M | $19.05M | $25.97M |
| Current liabilities | $18.67M | $21.34M | $20.93M | $20.15M | $20.75M | $22.92M | $24.57M | $21.42M | $12.02M | $17.30M |
| Total equity incl. NCI | $152.05M | $152.32M | $152.78M | $156.05M | $164.32M | $163.45M | $164.29M | $168.34M | $169.94M | $170.78M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $3.90M | $5.09M | $4.64M | $2.35M | $5.73M | $5.28M | $3.49M | $3.56M | $5.36M | $6.57M |
| Accounts receivable | $2.08M | $1.84M | $2.13M | $287.58K | $1.73M | $2.64M | $2.39M | $575.53K | $2.79M | $2.42M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $4.73M | $1.12M | $1.11M | $1.11M | $4.57M | $4.49M | $3.24M | $4.50M | $6.56M | $11.20M |
| Accounts payable | Unavailable | Unavailable | Unavailable | $1 | Unavailable | Unavailable | $241.78K | $4.99K | $104.15K | $127.54K |
Cash flow
| Metric | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.50M | $1.36M | -$2.47M | $3.47M | $1.48M | $721.92K | $624.42K | $5.38M | $1.75M | $936.79K |
| Capital expenditures | $81 | $21.53K | $8.36K | $14.46K | $252.51K | $53.61K | $9.03K | $13.08M | $3.65M | $5.27M |
| Investing cash flow | $4.11K | -$21.53K | -$8.36K | -$14.46K | -$252.51K | -$53.61K | -$9.03K | -$13.03M | -$3.65M | -$5.27M |
| Financing cash flow | $1.59K | $1.06M | $585.46K | -$1.14M | -$2.53M | -$392 | $422.49K | $2.41M | -$826.33K | $258.95K |
| Net change in cash | $1.61M | $2.44M | -$1.88M | $2.06M | -$1.15M | $626.36K | $1.03M | -$5.05M | -$2.54M | -$4.77M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $3.57M | $3.54M | $3.55M | $3.87M | $3.48M | $3.38M | $3.48M | $3.65M | $3.42M | $3.46M |
Derived
| Metric | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $1.50M | $1.34M | -$2.48M | $3.45M | $1.23M | $668.30K | $615.39K | -$7.70M | -$1.90M | -$4.33M |
| Gross margin | 7.9% | 5.1% | 0.8% | 6.3% | 7.6% | 12.4% | 5.8% | 1.2% | -1.0% | 3.9% |
| Operating margin | -3.9% | -7.1% | -31.0% | -21.5% | -5.8% | 2.1% | -51.0% | -18.1% | -15.8% | -1.7% |
| FCF margin | 5.9% | 5.4% | -22.8% | 19.6% | 4.9% | 2.5% | 9.0% | -36.7% | -12.0% | -14.4% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 1.92x | 1.53x | 1.41x | 1.41x | 1.59x | 1.46x | 1.22x | 1.32x | 3.41x | 2.76x |
| Revenue YoY growth | 2.1% | -5.5% | 58.8% | -15.8% | 59.0% | -12.6% | -65.3% | -1.9% | -50.3% | -5.6% |
| Net margin | -5.7% | -7.9% | -32.2% | -22.9% | -7.9% | -0.3% | -54.6% | -19.0% | -12.5% | -4.2% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.0% | 0.1% | 0.1% | 0.1% | 1.0% | 0.2% | 0.1% | 62.4% | 23.1% | 17.6% |
| Long-term debt / equity | 0.03x | 0.01x | 0.01x | 0.01x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 122.9% | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ITP in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-09View SEC filing
10-K · Filed 2025-04-11View SEC filing
10-Q · Filed 2024-11-15View SEC filing
10-Q · Filed 2024-08-12View SEC filing
Reconciliation checks needing review
4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2022-09-30
Difference 1404000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2022-03-31
Difference 33094349 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2021-12-31
Difference 34426016 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.