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TAOP on Nasdaq

Taoping Inc.

Taoping Inc. is a prepackaged software services company in the British Virgin Islands.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$30.8MRevenue, fiscal 20252
-$10.1MNet income, fiscal 20252

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  • TickerTAOP on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersD81
  • Incorporated inVirgin Islands, British3
  • Business address21St Floor, Building 3, Tianjin, Science And Technology Plaza, Keyan, West Road, Nankai District, 3001923
  • Filer categoryNon-accelerated filer3

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August 26, 2010, the Company changed its name to China Information Technology, Inc., or CITN.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

10.9%Gross margin2
-30.0%Operating margin2
-32.7%Net margin2
-16.0%Revenue growth, 20252
-51.5%Return on equity2
0.29×Debt to equity2
-$3.9MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 75% of the revenue Taoping Inc. broke down this way in fiscal 2025.

  1. Product$23.1M275%down 6% from 2024
  2. Advertising$4.2M214%down 2% from 2024
  3. Revenue Project$1.8M26%
  4. Software$1.4M25%down 81% from 2024
  5. Product and Service, Other$243.3K21%down 20% from 2024
  6. Maintenance Repair Operations$67.4K20%
  7. Service$55.1K20%
  8. Other Related Parties$3.8K20%up 65% from 2024
Products and services by year
Products and services202320242025
Product$24.1M$24.5M$23.1M
Advertising$5.0M$4.3M$4.2M
Revenue Project$1.8M
Software$8.8M$7.4M$1.4M
Product and Service, Other$596.0K$304.5K$243.3K
Maintenance Repair Operations$67.4K
Service$55.1K
Other Related Parties$2.3K$3.8K

Business segments

CBT brought in 91% of the revenue Taoping Inc. broke down this way in fiscal 2025.

  1. CBT$28.1M291%down 23% from 2024
  2. SE$2.7M29%
  3. TIT$17.7K20%down 79% from 2024
Business segments by year
Business segments202320242025
CBT$38.4M$36.6M$28.1M
SE$2.7M
TIT$215.0K$85.1K$17.7K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue89¢$27.4M
  • Research and development6¢$1.7M
  • Other costs2¢$634.6K
  • Interest3¢$978.9K
  • Income tax0¢$43.1K

Out of $30.8M in revenue.2 The company lost money this year.

Financial statements

Revenue567892$30.8M in 2025+50% since 2018
0$10.0M$20.0M$30.0M$40.0M2018: $20.6M$20.6M20182019: $13.8M$13.8M2019−33%2020: $11.1M$11.1M2020−20%2021: $19.4M$19.4M2021+75%2022: $24.2M$24.2M2022+25%2023: $38.6M$38.6M2023+59%2024: $36.7M$36.7M2024−5%2025: $30.8M$30.8M2025−16%
Gross profit567892$3.4M in 2025−65% since 2018
0$2.5M$5.0M$7.5M$10.0M2018: $9.7M$9.7M20182019: $6.6M$6.6M2019−32%2020: $3.9M$3.9M2020−40%2021: $6.7M$6.7M2021+69%2022: $7.2M$7.2M2022+8%2023: $8.9M$8.9M2023+22%2024: $7.8M$7.8M2024−12%2025: $3.4M$3.4M2025−57%
Operating income567892-$9.2M in 2025
-$20.0M-$15.0M-$10.0M-$5.0M0$5.0M2018: $168.8K$168.8K20182019: -$4.2M-$4.2M20192020: -$17.4M-$17.4M2020+316%2021: -$10.1M-$10.1M2021−42%2022: -$3.2M-$3.2M2022−69%2023: -$197.7K-$197.7K2023−94%2024: -$1.6M-$1.6M2024+714%2025: -$9.2M-$9.2M2025+474%
Net income567892-$10.1M in 2025
-$20.0M-$15.0M-$10.0M-$5.0M0$5.0M2018: $1.7M$1.7M20182019: -$3.6M-$3.6M20192020: -$17.7M-$17.7M2020+394%2021: -$9.9M-$9.9M2021−44%2022: -$7.1M-$7.1M2022−29%2023: -$697.9K-$697.9K2023−90%2024: -$1.8M-$1.8M2024+161%2025: -$10.1M-$10.1M2025+453%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
TOTAL REVENUE$30.8M$36.7M$38.6M
TOTAL COST$27.4M$28.9M$29.8M
GROSS PROFIT$3.4M$7.8M$8.9M
Administrative expenses$9.8M$6.2M$5.6M
Research and development expenses$1.7M$2.4M$3.0M
Selling expenses$1.1M$745.3K$482.4K
LOSS FROM OPERATIONS-$9.2M-$1.6M-$197.7K
Subsidy income$32.6K$58.5K$292.8K
(Loss) from equity method investment-$8.0K
Other income, net$159.9K$203.1K$267.3K
Interest income$1.4K$2.2K$2.1K
Interest expense and debt discounts expense-$978.9K-$460.5K-$580.6K
Loss before income taxes-$10.0M-$1.8M-$224.2K
Income tax (expense)-$43.1K-$14.1K-$8.0K
Net (loss) from continuing operations-$10.1M-$1.8M-$232.2K
Net (loss) from discontinued operations-$465.8K
NET LOSS-$10.1M-$1.8M-$697.9K
NET LOSS ATTRIBUTABLE TO THE COMPANY-$10.1M-$1.8M-$697.9K
Basic-$8-$8-$3
Diluted-$8-$8-$3
Basic-$5
Diluted-$5
Basic-$7.88-$7.60-$7.73
Diluted-$7.88-$7.60-$7.73

Compare Taoping Inc. with another company

Corporate structure

Taoping Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Taoping Inc.

  • Taoping Inc. D8

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Taoping Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$18.2M2 Dec 31, 2025$15.9M2 Dec 31, 2024+15.0%
Accumulated depreciation$12.6M2 Dec 31, 2025$10.3M2 Dec 31, 2024+22.0%
Property and equipment, net$5.7M2 Dec 31, 2025$5.6M2 Dec 31, 2024+2.1%
Operating-lease assets (leased space)$85.9K2 Dec 31, 2025$48.8K8 Dec 31, 2022+76.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.1M2 Dec 31, 2025$1.6M2 Dec 31, 2024+35.2%
Stakes in other companies (equity method)$86.3K9 Dec 31, 2024$86.9K8 Dec 31, 2023−0.7%
Long-term investments$86.3K2 Dec 31, 2024$86.9K9 Dec 31, 2023−0.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$7.3M2 Dec 31, 2025$58.9K8 Dec 31, 2022+12250.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$790.2K2 Dec 31, 2025$6.3M2 Dec 31, 2024−87.5%
Finished goods$1.0M2 Dec 31, 2025$6.4M2 Dec 31, 2024−83.7%

Leadership

Who has led Taoping Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Bin Ma2026–now
  2. Jiang Huai Lin2026–now

Chair

  1. Jiang Huai Lin2026–now

President

  1. Zhiqiang Zhao2026–now

Chief financial officer

  1. Liqiong Yan2026–now
Board members and other officers (4)

Former names

  • China Information Technology, Inc.Jun 21, 2012 to May 14, 20183

Timeline

  1. Mar 19, 2026New chief executive Jiang Huai Lin becomes CEO13
  2. Mar 19, 2026New chief executive Bin Ma becomes CEO12

Filings

103 filings to the SEC since October 2021: 7 annual reports, 10 insider forms, 3 large holders, 83 other. The latest 20:

  1. Oct 14, 20266-K EDGAR
  2. Sep 29, 20266-K EDGAR
  3. Sep 11, 2026S-8 EDGAR
  4. Sep 3, 20266-K EDGAR
  5. Aug 14, 20266-K EDGAR
  6. Jul 23, 2026SCHEDULE 13G EDGAR
  7. Jul 15, 20266-K EDGAR
  8. Jul 15, 2026424B5 EDGAR
  9. Jun 3, 2026EFFECT EDGAR
  10. Jun 1, 2026CORRESP EDGAR
  11. May 22, 2026F-3/A EDGAR
  12. Apr 30, 202620-F EDGAR
  13. Apr 30, 20266-K EDGAR
  14. Apr 7, 20266-K EDGAR
  15. Mar 19, 20263 EDGAR
  16. Mar 19, 20263 EDGAR
  17. Mar 19, 20263 EDGAR
  18. Mar 19, 20263 EDGAR
  19. Mar 19, 20263 EDGAR
  20. Mar 19, 20263 EDGAR

The 103 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Taoping Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTaoping Inc.1
  • CIK0001552670
  • Filer statusNon-accelerated filer not an emerging growth company; a shell company4
  • Incorporated inBritish Virgin Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address21St Floor, Building 3, Tianjin, Science And Technology Plaza, Keyan, West Road, Nankai District, Tianjin 300192, China1
  • Phone86-22-870898581
  • Shares outstanding9,552,783 shares as of Dec 31, 20254
  • AuditorPKF Littlejohn LLP, London, United Kingdom PCAOB ID 2814; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJun 21, 20121
  • Filings260 in all: 6-K (147), 20-F (14), UPLOAD (14), CORRESP (13), 3 (10), 424B5 (9), SC 13D/A (8), EFFECT (7)1
    All 23 form types

    424B3 (6), F-3/A (6), S-8 (5), F-3 (4), 425 (3), 20-F/A (2), 424B2 (2), SC 13D (2), SC 13G/A (2), 8-K12B (1), F-1 (1), F-4 (1), F-4/A (1), POS AM (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary Shares, no par valueTAOPNasdaq

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4

Sources

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