NYSE:ITP
It Tech Packaging, Inc.
It Tech Packaging, Inc.'s revenue fell 12.4% in fiscal 2024 to $75.8M while operating margin rose to −10.8%. Free cash flow was $6.0M, 7.9% of revenue.Summary generated from It Tech Packaging, Inc.'s SEC filings. Latest annual report filed Apr 11, 2025.
Key statistics
Fiscal 2024 from SEC filings. MethodologyRevenue (FY24)$75.8M
Revenue growth−12.4%
Revenue, 5-yr CAGR−8.4%
Gross margin8.8%
Operating margin−10.8%
Net margin−13.0%
ROIC−3.9%
Return on equity−6.1%
Debt / equity0.06
Free cash flow$6.0M
FCF margin7.9%
Share count change+0.0%
Financials
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 101 | 161 | 100 | 87 | 76 |
| Operating income | −5 | 1 | −5 | −10 | −8 |
| Net income | −6 | 1 | −17 | −10 | −10 |
| Free cash flow | −5 | −28 | 6 | −9 | 6 |
Recent filings
- 8-KNotice of delisting or listing-rule failure
Oct 9, 2026 - 8-KChange in auditor
Oct 6, 2026 - 8-KChange in auditor
Sep 18, 2026 - 8-KChange in auditor
Sep 1, 2026 - 8-KChange in auditor
Apr 22, 2026 - 8-KNotice of delisting or listing-rule failure
Apr 20, 2026 - 10-QQuarterly report for the period ended Sep 30, 2025
Nov 13, 2025 - 8-KResults of a shareholder vote
Oct 31, 2025