TAOP - Earnings announcements

Revenue Increased 124.6% YoY and Gross Margin increased to 37.6% HONG KONG, May 02, 2022 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company" or "TAOP"))), a provider of blockchain technology and smart cloud services, today announced its financial results for the year ended December 31, 2021. Fiscal Year 2021 Financial Highlights Revenue was $24.8 million for the year ended December 31, 2021, an increase of $13.8 million from $11.0 million for the year ended December 31, 2020. The revenue increase was mainly attributed to products and software sales totalling $5.8 million, advertising from the recently acquired subsidiary, Taoping New Media Co., Ltd. ("TNM") of

Hong Kong, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP), a provider of blockchain technology and smart cloud services, today announced its unaudited financial results for the six months ended June 30, 2021. Revenue was $6.4 million for the first six months of 2021 as compared to $3.7 million for the same period of last year, representing an increase of $2.7 million, or 71.9%. The increase was primarily due to the increase of the sale of high-end data storage servers and software, the addition of advertising revenue as a result of the acquisition of Taoping New Media Co., Ltd. ("TNM") on June 9, 2021, and the new revenue stream from cryptocurrency mining that the Compan

SHENZHEN, China, April 30, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced its financial results for the year ended December 31, 2020. Revenue was $11.0 million for the year ended December 31, 2020, a decrease of $2.8 million, compared to $13.8 million for the year ended December 31, 2019. Revenue was $7.3 million for the second half year of 2020, an increase of $3.6 million or 96% from $3.7 million for the first half year of 2020, and an increase of $0.6 million or 9% from $6.7 million for the second half year of 2019. The decrease in rev