FY2024 · ended Dec 31, 2024 · Revenue $75.84M, -12.4% YoY · Filed Apr 11, 2025
It Tech Packaging, Inc. (ITP) files with the SEC under industry code 2670, Converted Paper & Paperboard Prods (No Contaners/Boxes). In fiscal 2024, which ended Dec 31, 2024, it reported revenue of $75.8 million and a net loss of $9.8 million. Free cash flow was $6.0 million. As of Sep 30, 2025 it held $8.1 million in cash and investments and $13.7 million in total debt.
Revenue (TTM)
$78.94M
-0.3% vs year-ago TTM
Net income (TTM)
$-10.95M
-11.9% vs year-ago TTM
Operating cash flow (TTM)
$3.86M
-53.0% vs year-ago TTM
Free cash flow (TTM)
$3.81M
EPS (TTM)
$-0.86
+11.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
10.07M
+0.0% vs prior year
Net cash
$-5.68M
as of Sep 30, 2025
Operating margin
-12.6%
FY 2025
Company profile
- Industry
- Converted Paper & Paperboard Prods (No Contaners/Boxes) (SIC 2670)
- Listed as
- ITP (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Hebei Province,, China
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1358190
- Former names
- Orient Paper Inc. (until Jul 20, 2018); CARLATERAL, INC. (until Dec 28, 2007)
Other Converted Paper & Paperboard Prods (No Contaners/Boxes) companies
- Kimberly Clark Corp KMB
- Avery Dennison Corp AVY
- Ranpak Holdings Corp. PACK
- Big Tree Cloud Holdings Ltd DSY
All 5 Converted Paper & Paperboard Prods (No Contaners/Boxes) companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $75.8M | $86.5M | $100.4M | $160.9M | $100.9M |
| Operating income | -$8.2M | -$9.6M | -$5.3M | $1.5M | -$5.5M |
| Net income | -$9.8M | -$9.9M | -$16.6M | $905,535 | -$5.6M |
| Diluted EPS | -$0.98 | -$0.99 | -$1.66 | — | -$0.21 |
| Operating cash flow | $6.3M | $12.9M | $10.7M | -$2.4M | $16.1M |
| Free cash flow | $6.0M | — | $6.2M | -$27.5M | -$5.0M |
| Total assets | $177.5M | $194.7M | $204.4M | $241.5M | $199.9M |
| Total liabilities | $21.5M | $26.4M | $23.1M | $25.8M | $24.8M |
| Stockholders' equity | $156.1M | $168.3M | $181.3M | $215.7M | $175.1M |
| Cash and investments | $5.9M | $3.9M | $9.5M | $11.2M | $4.1M |
| Total debt | $9.6M | $12.0M | $15.4M | $16.1M | $10.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Listing notice
|
Oct 9, 2026 | Oct 7, 2026 |
| 8-K |
Current report
Auditor change
|
Oct 6, 2026 | Oct 6, 2026 |
| 8-K |
Current report
Auditor change
|
Sep 18, 2026 | Sep 16, 2026 |
| 8-K |
Current report
Auditor change
|
Sep 1, 2026 | Aug 27, 2026 |
| 8-K |
Current report
Auditor change
|
Apr 22, 2026 | Apr 20, 2026 |
| 8-K |
Current report
Listing notice, Regulation FD disclosure
|
Apr 20, 2026 | Apr 16, 2026 |
All 463 It Tech Packaging, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.