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stoqly.net Stock research from SEC filings Company report · November 1, 2026

Taoping Inc.

TAOP Nasdaq· Services-Prepackaged Software

Last close · Oct 30, 2026

$0.33

KIRA · Stoqly’s AI analyst, in plain words

  • Taoping Inc. had only $2.2M of revenue in fiscal 2025: it is still developing what it sells. It spent $1.7M on research and development, 15% of its operating costs.
  • Its operating margin was −414.6%, down 184.5 pts: of every 100 in sales, about −415 is left after running the business.
  • Taoping Inc. lost $10.1M in fiscal 2025. With no meaningful sales yet, it pays for its work from the cash it holds.
  • Free cash flow was −$3.9M in fiscal 2025, −175.1% of revenue. At that burn of $3.9M a year, its $2.1M of cash and short-term investments would last about 0.5 years.
  • Taoping Inc. owes $7.6M more than it holds in cash.

Market cap

$0.4M

P/E

—

Revenue

$2.2M

Net income

−$10.1M

Free cash flow

−$3.9M

Operating margin

−414.6%

Taoping Inc. in 30 seconds · fiscal 2025

Weak

Are shareholders being diluted?

+433.8%

A lot. The share count rose 433.8% last year, so each share owns noticeably less.

For information

Does it make a profit?

$1.7M R&D

Not yet: it has no meaningful sales. It spent $1.7M on research and development, 15% of its operating costs.

Weak

How long would its cash last?

0.5 yrs

Not long. It burns $3.9M a year and holds $2.1M, under a year at that pace, so it may need new money soon.

Weak

Is debt under control?

$7.6M

Risky. It owes more than it holds in cash and has no operating profit to repay it.

For information

How healthy are the accounts?

2 / 9

It passes 2 of 9 health tests, but most of them need sales, so the score says little before revenue starts.

For information

How is the share priced?

—

No P/E: it made no profit over the last four quarters.

What Taoping Inc. does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
20-F · Apr 30, 2026
Legal name
Taoping Inc.
CIK
0001552670
Source: stoqly.net · stoqly.net/companies/taop · Generated November 1, 2026 Not investment advice · Page 1 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

Taoping Inc. · TAOP · stoqly.net

Results and finances

The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue $2.3M $24.2M $0.3M $0.7M $2.2M
Revenue growth −79.3% 956.2% −98.8% 141.0% 218.6%
Gross margin 290.8% 29.8% 3,052.5% 1,111.7% 151.3%
Operating margin −442.0% −13.1% −68.2% −230.1% −414.6%
Net income −$9.9M −$7.1M −$0.7M −$1.8M −$10.1M
Net margin −432.6% −29.2% −240.7% −260.3% −451.8%
Diluted EPS −$7.50 −$4.47 −$7.73 −$7.60 −$7.88
Cash
Cash from operations −$16.1M −$7.5M −$2.3M −$2.4M −$2.6M
Capital expenditure $11.3M $1.8M $1.2M $1.1M $1.3M
Free cash flow −$27.4M −$9.3M −$3.5M −$3.4M −$3.9M
FCF margin −1,196.1% −38.4% −1,219.2% −491.9% −175.1%
Share count change −82.1% 19.8% −94.3% 165.0% 433.8%
Debt and strength
Cash and short-term investments $4.5M $1.0M $1.3M $1.6M $2.1M
Debt incl. finance leases $7.8M $7.2M $8.5M $7.9M $9.7M
Shareholders' equity $19.3M $9.6M $12.8M $15.9M $19.5M
Net debt / EBITDA — 16.4x 3.1x 15.8x —
Current ratio 1.1x 1.0x 1.3x 2.2x 1.9x
Interest coverage −10.9x −5.7x −0.3x −3.5x −9.4x
Returns and quality
Return on capital −35.6% −15.8% −0.8% −5.7% −26.9%
Return on equity −171.3% −49.1% −6.2% −12.7% −56.8%
Return on tangible equity −51.6% −74.1% −5.5% −11.5% −82.0%
Piotroski F-score 5 1 4 3 2
Altman Z'' −14.2 −23.5 −19.1 −16.0 −16.7

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.0M

0 insiders

Of sales under plans

—

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Source: stoqly.net · stoqly.net/companies/taop · Generated November 1, 2026 Not investment advice · Page 2 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

Taoping Inc. · TAOP · stoqly.net

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $0.33 a share, the company is worth $0.4M.

Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001552670). Latest version: stoqly.net/companies/taop. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.