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IT TECH PACKAGING, INC.

CIK: 1358190 SIC: 2670
$78.94M
Revenue
$-10.95M
Net Income
5.69%
Gross Margin
-12.57%
Op. Margin
$187.82K
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 43 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $25.60M $24.79M $10.90M $17.64M $25.08M $26.25M
Revenue Growth % (YoY) 2.1% -5.5% nan% nan% nan% nan%
Cost of Revenue $23.58M $23.52M $10.81M $16.53M $23.16M $22.98M
+ Gross Profit $2.02M $1.27M $84.09K $1.11M $1.92M $3.27M
Gross Margin % 7.9% 5.1% 0.8% 6.3% 7.6% 12.4%
Selling General & Admin $3.02M $3.04M $3.46M $4.80M $3.38M $2.72M
+ Operating Income $-992.63K $-1.76M $-3.38M $-3.79M $-1.46M $547.75K
Operating Margin % -3.9% -7.1% -31.0% -21.5% -5.8% 2.1%
Interest Expense $434.71K $273.68K $120.37K $1.43M $382.49K $211.55K
Interest Income $1.15K $1.21K $1.74K $2.49K - -
Income Before Tax $-1.14M $-1.90M $-3.50M $-3.96M $-1.63M $339.02K
Income Tax Expense $306.36K $46.83K - $79.92K $345.71K $416.77K
+ Net Income $-1.45M $-1.95M $-3.50M $-4.04M $-1.97M $-77.75K
Net Margin % -5.7% -7.9% -32.2% -22.9% -7.9% -0.3%
Basic EPS -0.11 -0.16 -0.35 nan -0.20 -0.01
Diluted EPS -0.11 -0.16 -0.35 nan -0.20 -0.01
Basic Shares Outstanding 13.6M 11.9M 10.1M - 10.1M 10.1M
Diluted Shares Outstanding 13.6M 11.9M 10.1M - 10.1M 10.1M
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $8.07M $6.47M $4.03M $5.92M $4.41M $5.14M
Accounts Receivable $2.08M $1.84M $2.13M $287.58K $1.73M $2.64M
Inventory $3.90M $5.09M $4.64M $2.35M $5.73M $5.28M
Other Current Assets $19.65M $17.28M $16.74M $17.95M $19.38M $18.25M
Total Current Assets $35.76M $32.64M $29.50M $28.46M $32.97M $33.43M
Property Plant & Equipment $137.90M $140.44M $143.58M $146.91M $154.76M $155.62M
Total Assets $175.70M $175.16M $175.20M $177.55M $190.02M $191.36M
Accounts Payable - - - $1.00 - -
Short-term Debt $5.09M $5.06M $5.04M $4.45M $856.24K -
Deferred Revenue $11.91K $11.82K $11.79K - - -
Total Current Liabilities $18.67M $21.34M $20.93M $20.15M $20.75M $22.92M
Long-term Debt $4.73M $1.12M $1.11M $1.11M $4.57M $4.49M
Total Liabilities $23.65M $22.84M $22.43M $21.50M $25.69M $27.91M
Common Stock $16.96K $16.96K $10.07K $10.07K $10.07K $10.07K
Retained Earnings $66.88M $68.33M $70.28M $73.79M $77.83M $79.80M
Total Stockholders Equity $152.05M $152.32M $152.78M $156.05M $164.32M $163.45M
Total Liabilities & Equity $175.70M $175.16M $175.20M $177.55M $190.02M $191.36M
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $-1.45M $-1.95M $-3.50M $-4.04M $-5.80M $-3.82M
Depreciation & Amortization $10.66M $7.09M $3.55M $3.87M $10.35M $6.86M
Change in Receivables $1.81M $1.58M $1.88M $-1.40M $1.16M $2.12M
Change in Inventory $1.48M $2.69M $2.26M $-2.54M $2.11M $1.75M
Change in Payables $-1.00 - - - - -
Operating Cash Flow $388.45K $-1.11M $-2.47M $3.47M $2.83M $1.35M
Capital Expenditure $29.98K $29.90K $8.36K $14.46K $315.15K $62.64K
Investing Cash Flow $-25.79K $-29.90K $-8.36K $-14.46K $-315.15K $-62.64K
Stock Issued - $1.06M - - - -
Financing Cash Flow $1.65M $1.65M $585.46K $-1.14M $-2.11M $422.10K
Net Change in Cash $2.17M $558.78K $-1.88M $2.06M $500.99K $1.65M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $25.60M $25.08M $61.29M $58.20M
Cost of Revenue $23.58M $23.16M $57.91M $52.61M
Gross Profit $2.02M $1.92M $3.38M $5.58M
Selling General & Admin $3.02M $3.38M $9.52M $10.00M
Operating Income $-992.63K $-1.46M $-6.13M $-4.42M
Interest Expense $150.70K $171.43K $434.71K $382.49K
Interest Income $1.15K $7.31K $4.10K $12.30K
Income Before Tax $-1.14M $-1.63M $-6.55M $-5.00M
Income Tax Expense $306.36K $345.71K $353.19K $799.27K
Net Income $-1.45M $-1.97M $-6.90M $-5.80M
Basic EPS -0.11 -0.20 -0.51 -0.58
Diluted EPS -0.11 -0.20 -0.51 -0.58
Basic Shares Outstanding $13.62M $10.07M $13.62M $10.07M
Diluted Shares Outstanding $13.62M $10.07M $13.62M $10.07M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $8.07M $5.92M
Accounts Receivable $2.08M $287.58K
Inventory $3.90M $2.35M
Other Current Assets $19.65M $17.95M
Total Current Assets $35.76M $28.46M
Property Plant & Equipment $137.90M $146.91M
Total Assets $175.70M $177.55M
Accounts Payable - $1.00
Short-term Debt $5.09M $4.45M
Deferred Revenue $11.91K $11.77K
Total Current Liabilities $18.67M $20.15M
Long-term Debt $4.73M $1.11M
Total Liabilities $23.65M $21.50M
Common Stock $16.96K $10.07K
Retained Earnings $66.88M $73.79M
Total Stockholders Equity $152.05M $156.05M
Total Liabilities & Equity $175.70M $177.55M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-1.45M $-1.97M $-6.90M $-5.80M
Depreciation & Amortization - - $10.66M $10.35M
Deferred Income Tax - - - -
Change in Receivables - - $1.81M $1.16M
Change in Inventory - - $1.48M $2.11M
Change in Payables - - $-1.00 $-4.98K
Operating Cash Flow - - $388.45K $2.83M
Capital Expenditure - - $29.98K $315.15K
Investing Cash Flow - - $-25.79K $-315.15K
Financing Cash Flow - - $1.65M $-2.11M
Net Change in Cash - - $2.17M $500.99K

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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