Financial Statements

Taoping Inc (TAOP)

$8.37
-1.43 (-14.59%)
Show:
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in millions

Retained Earning Schedule

Year 2019 2018 2017 2016 2015 2014 2013 2012
Retained Earnings (Previous Year) -157-159-159-141-128-9920-
Net Income -421-18-8-29-119-90
Stock Dividends ---0--6-0-110
Dividend Paid --------
Retained Earnings -160-157-159-159-141-128-9920

PPE Schedule

Year 2019 2018 2017 2016 2015 2014 2013 2012
Gross PPE 12129893266-
Annual Depreciation 2-1-5-299-828-850-30,012-11,743
Capital Expenditure -21829982782729,97711,809
Net PPE 1212129893266

Intangible and Goodwill Schedule

Year 2019 2018 2017 2016 2015 2014 2013 2012
Intangible and Goodwill (Previous Year) -555537210
New Purchases --------
Intangible and Goodwill 5555372100

Taoping Inc income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Taoping Inc FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.