ITP
IT Tech Packaging, Inc.0.2430
+0.0115+4.97%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
4.12MP/E (TTM)
-Basic EPS (TTM)
-0.91Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
IT Tech Packaging posted Q3 revenue of $25.6M, up 2.1% y/y from $25.1M, driven by higher corrugating medium paper volumes and ASPs, while gross profit climbed 5.5% to $2.0M (7.9% margin, +0.3pp y/y). Operating loss narrowed 32% y/y to $0.99M amid lower SG&A; net loss improved 27% to $1.45M ($0.11/share), matching 13.6M diluted shares. YTD revenue rose 5.3% y/y to $61.3M yet gross margin slipped to 5.5% (-4.1pp) from higher costs, with operating cash flow at $0.4M and cash at $9.1M (up from $7.0M). Debt totals $9.8M at ~6%, secured by equipment. VIE control risks loom large.
8-K
AGM elects directors, approves plan
IT Tech Packaging held its 2025 Annual General Meeting on October 31, electing Class I directors Marco Ku Hon Wai and Wenbing Christopher Wang until 2027, with 1.8M for votes each amid 3.7M broker non-votes. Stockholders ratified GGF CPA as auditors for fiscal 2025 and approved the 2025 Omnibus Equity Incentive Plan by 1.5M for. Board continuity locked in.
8-K
Unusual stock trading noted
IT Tech Packaging spotted unusual trading in its NYSE American stock on September 8 and 9, 2025, prompting a 'no-news' press release under exchange rules. After inquiries, the company found no material developments or undisclosed reasons behind the activity. No business impacts emerged. Investors should watch for updates amid market volatility.
10-Q
Q2 FY2025 results
IT Tech Packaging's Q2 revenue dipped 5.5% y/y to $24.8M from CMP sales, while YTD revenue climbed 7.8% y/y to $35.7M on higher volumes, yet gross margins shrank to 5.1% from 12.4% amid rising material costs and suspended offset printing and tissue production. Operating loss widened to $1.8M from a $0.5M profit, driven by elevated SG&A from idle asset depreciation, with net loss at $2.0M versus $0.1M last year; YTD net loss deepened to $5.5M or $(0.16) per share on 11.9M diluted shares, consistent with calculations. Cash used in operations hit $1.1M YTD, offset by $1.6M from share issuance and loans, leaving $7.5M in cash against $9.7M total debt at 5.7% average rate. No M&A or non-GAAP metrics disclosed in the 10-Q. PRC regulatory uncertainties could disrupt VIE control.
8-K
ITP prices $1.4M share offering
IT Tech Packaging closed a public offering on May 14, 2025, selling 6,899,500 shares at $0.20 each for $1.4 million in gross proceeds, before fees. The deal, led by Maxim Group LLC, includes a 90-day lock-up for insiders and a ban on new equity issuances or variable rate deals, aiming to bolster working capital amid tight markets. Funds will fuel operations. Yet dilution looms large.
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