In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Taoping has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NasdaqCM:TAOP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2024	43	2	-6	-4	N/A
3/31/2024	41	1	-5	-3	N/A
12/31/2023	39	0	-4	-2	N/A
9/30/2023	35	0	-3	-3	N/A
6/30/2023	31	-1	-3	-3	N/A
3/31/2023	28	-1	-6	-5	N/A
12/31/2022	24	-1	-9	-8	N/A
6/30/2022	20	1	-18	-5	N/A
3/31/2022	20	-6	-23	-11	N/A
12/31/2021	19	-12	-27	-16	N/A
9/30/2021	19	-17	-23	-17	N/A
6/30/2021	14	-24	-19	-17	N/A
3/31/2021	12	-21	-11	-9	N/A
12/31/2020	11	-18	-3	-2	N/A
9/30/2020	11	-14	-3	-2	N/A
6/30/2020	10	-9	-3	-2	N/A
3/31/2020	12	-7	-3	-2	N/A
12/31/2019	14	-4	-3	-2	N/A
9/30/2019	15	-3	-3	-1	N/A
6/30/2019	16	-2	-1	1	N/A
3/31/2019	20	1	0	2	N/A
12/31/2018	21	2	1	2	N/A
9/30/2018	22	2	3	6	N/A
6/30/2018	24	3	1	5	N/A
3/31/2018	22	3	N/A	6	N/A
12/31/2017	18	1	N/A	5	N/A
9/30/2017	16	-7	N/A	3	N/A
6/30/2017	13	-11	N/A	2	N/A
3/31/2017	9	-16	N/A	-2	N/A
12/31/2016	10	-18	N/A	-3	N/A
6/30/2016	9	-9	N/A	-16	N/A
3/31/2016	9	-9	N/A	-21	N/A
12/31/2015	10	-9	N/A	-26	N/A
6/30/2015	54	-36	N/A	-25	N/A
3/31/2015	61	-33	N/A	-19	N/A
12/31/2014	39	-24	N/A	-13	N/A
9/30/2014	68	-49	N/A	-8	N/A
6/30/2014	69	-69	N/A	-3	N/A
3/31/2014	72	-94	N/A	-7	N/A
12/31/2013	55	-119	N/A	-11	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TAOP's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if TAOP's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if TAOP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if TAOP's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if TAOP's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TAOP's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 09:15
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Taoping Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Liang Hsu	Brean Capital
Theodore O'Neill	Litchfield Hills Research, LLC
Amit Dayal	Rodman & Renshaw, LLC

Taoping Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Taoping Inc. Provides Revenue Guidance for the Full Year 2024

Taoping Inc. Provides Earnings Guidance for the Second Half of 2023

Forecast to breakeven in 2023

Forecast to breakeven in 2023

Taoping Inc. Provides Earning Guidance for Fiscal Year 2021

Recent updates

Taoping Inc. (NASDAQ:TAOP) Soars 67% But It's A Story Of Risk Vs Reward

New major risk - Share price stability

Taoping Inc. (NasdaqCM:TAOP) acquired remaining 80% stake in Fujian Taoping Investment Co., Ltd. for CNY 0.

Taoping (NASDAQ:TAOP) Is Doing The Right Things To Multiply Its Share Price

Taoping Inc. Launches New Enhanced AI-Powered Smart Terminal

New major risk - Shareholder dilution

Taoping Inc. Provides Revenue Guidance for the Full Year 2024

Full year 2023 earnings released: US$0.12 loss per share (vs US$0.37 loss in FY 2022)

New minor risk - Financial data availability

Fewer Investors Than Expected Jumping On Taoping Inc. (NASDAQ:TAOP)

Taoping Inc. Announces Changes to Board of Directors

Taoping Inc. Provides Earnings Guidance for the Second Half of 2023

First half 2023 earnings released: US$1.09 loss per share (vs US$1.31 loss in 1H 2022)

New major risk - Market cap size

Taoping Inc. Announces to Launch Cloud Nest Ai System

New minor risk - Shareholder dilution

Full year 2022 earnings released: US$0.037 loss per share (vs US$0.77 loss in FY 2021)

Taoping (NASDAQ:TAOP) Is Looking To Continue Growing Its Returns On Capital

Taoping Inc. Launches Smart Large Screen Displays for the Exhibition Industry

Taoping's Next Generation Smart Rest Station Launches in Shenzhen's Highly Popular Xiangmi Park

Returns On Capital Are Showing Encouraging Signs At Taoping (NASDAQ:TAOP)

Taoping Inc. Announces New High-Profile Taoping Pilot Projects Aim to Accelerate Growth

Insufficient new directors

Taoping Inc. Announces the Formal Launch of A New Rest Station Solution

Taoping Inc. Launches Innovative Dual-Sided, Thin Film, Display; Targeting More than 200 High Value, Mall Installations in 2023

Taoping enters agreement with Jiangsu SuLiXin for display terminals and services

Taoping stock gains 14% premarket on $3M strategic framework contract

Taoping to Expand Cloud Platform for Smart Elevator Upgrades and Enhancements

Shareholders Shouldn’t Be Too Comfortable With Taoping's (NASDAQ:TAOP) Strong Earnings

Taoping Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Taoping receives Nasdaq's notice on listing compliance deficiency

Forecast to breakeven in 2023

First half 2022 earnings: EPS and revenues miss analyst expectations

Taoping Non-GAAP EPS of -$0.11, revenue of $10.5M

Taoping to expand e-bike charging network to 50 cities in China by the end of 2022

Taoping Inc. Announces Resignation of Dongfeng Wang as Chief Strategy Officer

Forecast to breakeven in 2023

Full year 2021 earnings released: US$0.77 loss per share (vs US$2.40 loss in FY 2020)

Insufficient new directors

Taoping Inc. (NasdaqCM:TAOP) entered into a letter of intent to acquire a 51% stake in Fujian Taoping IoT Technology Limited.

We Think Taoping (NASDAQ:TAOP) Has A Fair Chunk Of Debt

First half 2021 earnings released: US$1.31 loss per share (vs US$1.09 loss in 1H 2020)

Taoping Inc. Releases New Server Products to Enhance the Growth of Digital Business

Taoping inks strategic cooperation agreement with Zionodes

Full year 2020 earnings released: US$2.09 loss per share (vs US$0.51 loss in FY 2019)

Taoping Inc. Provides Earning Guidance for Fiscal Year 2021

Taoping reports FY results

Taoping Inc. Appoints Zhixiong Huang as Director of Digital Culture Business Division and Huan Li as Executive Associate Director of the Digital Culture Business Division

Taoping Inc. Appoints Linxi Deng as Director of Newly-Created Blockchain Business Division

TAOP Appoints Dongfeng Wang As Chief Strategy Officer

New 90-day high: US$11.66

Taoping Inc. announced that it expects to receive $7.752 million in funding

Did Taoping's (NASDAQ:TAOP) Share Price Deserve to Gain 60%?

New 90-day high: US$4.11

TAOP and Ivy International Education Forming Joint Venture to Develop and Market New Learning Programs for Quality Education

New 90-day high: US$3.43

Taoping Inc. has completed a Follow-on Equity Offering in the amount of $1.999998 million.

First half earnings released

Taoping Inc. announced that it expects to receive $2 million in funding

Taoping Inc. Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement

New 90-day high - US$8.80

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics