Taoping
TAOP
Market cap $3.31M

0.5000 USD

-0.0021

0.42%

Updated Oct 22, 10:47 AM EDT

1 day

-0.42%

5 days

-4.58%

1 month

-16.53%

3 months

-24.66%

6 months

-53.27%

Year to date

-73.54%

1 year

-71.75%

5 years

-98.54%

About: Taoping Inc is a provider of cloud-app technologies for smart city IoT platforms, digital advertising delivery, and other internet-based information distribution systems in China. Its operating segment includes Cloud-based Technology (CBT), Blockchain Technology (BT), and Traditional Information Technology (TIT). It generates maximum revenue from the CBT segment. CBT segment includes cloud-based products and services offered to customers in the private sector including new media, healthcare, education, and residential community management.

Employees: 56

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

217% more capital invested

Capital invested by funds: $59.5K [Q1] → $189K (+$129K) [Q2]

140% more funds holding

Funds holding: 5 [Q1] → 12 (+7) [Q2]

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

3.15% more ownership

Funds ownership: 2.77% [Q1] → 5.92% (+3.15%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for TAOP.

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Financial journalist opinion

Taoping Reports 28.4% Increase in Revenue for the First Six Months of 2024, with EPS of $0.13 Per Diluted Share Compared to a Loss of $1.10 in the Corresponding Period of 2023

SHENZHEN, China , Sept. 5, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today reported a 28.4% year over year revenue growth to $18.1 million for the six months ended June 30, 2024, with a significant improvement in profitability as the Company delivered net income of $0.13 per diluted share, compared to a net loss of $1.10 per diluted share in the same period of last year.

Taoping Reports 28.4% Increase in Revenue for the First Six Months of 2024, with EPS of $0.13 Per Diluted Share Compared to a Loss of $1.10 in the Corresponding Period of 2023

Alert: 30% YoY Growth in Taoping's July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products

SHENZHEN, China , Aug. 12, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 27.4 million (approximately USD $3.8 million) for the month of July 2024, representing 30% growth compared to July 2023, driven by strong demand for its AI-based products. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "This impressive and consistent growth strengthens our confidence in the unprecedented opportunities for further revenue growth acceleration ahead of the Company.

Alert: 30% YoY Growth in Taoping's July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products

Taoping Accelerates AI Business Growth with New Order for AI-Powered Smart Terminals

SHENZHEN, China , July 18, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced a further expansion of its AI business with a new order for the Company's enhanced AI-powered Smart Terminals, which offer a powerful combination of efficiency, customization, and engagement, making them a compelling choice for businesses looking to optimize their operations and enhance customer interactions. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "This is another major customer win, as we benefit from increased demand for our enhanced AI-based products and solutions, in advertising, media and other important markets.

Taoping Accelerates AI Business Growth with New Order for AI-Powered Smart Terminals

AI-based Business Drives 32% Growth in Taoping's First Half 2024 Total Contract Revenue Value

SHENZHEN, China, July 8, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 140 million (approximately USD $19.3 million) for the first half of 2024, representing 32% growth over the year-ago period. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "Our AI-based products are driving record growth, and we expect this trend to continue into the second half of the year, based on positive indications from customers and emerging opportunities.

AI-based Business Drives 32% Growth in Taoping's First Half 2024 Total Contract Revenue Value

Taoping Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

SHENZHEN, China , June 24, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced that on June 21, 2024, it received a written notification letter (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.

Taoping Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Taoping May Contract Revenue Surges 52% YoY Led by Continued AI-based Business Growth

SHENZHEN, China , June 10, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of RMB 29.8 million (approximately USD $4.1 million) for the month of May 2024, representing an increase of 52% compared to the month of May 2023. This represents a 43% increase over April 2024, which had a total contract revenue value of RMB 20.8 million.

Taoping May Contract Revenue Surges 52% YoY Led by Continued AI-based Business Growth

Taoping Signs Smart Terminal Contract Valued Over US$1 Million; Announces Strategic Cooperation to Accelerate Market Penetration

SHENZHEN, China , May 30, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced receipt of a new AI-powered Smart Terminal contract valued over US$1 million. The Company concurrently entered a strategic cooperation agreement with Zhenjiang Fengchao Information Technology Co., Ltd.

Taoping Signs Smart Terminal Contract Valued Over US$1 Million; Announces Strategic Cooperation to Accelerate Market Penetration

Taoping Reports 25% YoY Increase in April Contract Revenue

SHENZHEN, China , May 15, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of RMB 20.8 million (approximately USD $2.9 million) for the month of April 2024, representing an increase of 25% compared to the month of April 2023. The Company highlighted that its impressive growth was driven by its commitment to innovation, as evident by the increased demand for its wide array of AI-based products, including its Smart City solutions.

Taoping Reports 25% YoY Increase in April Contract Revenue

Taoping Launches New Enhanced AI-Powered Smart Terminal

SHENZHEN, China , May 9, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today unveiled a new, upgraded AI-powered smart terminal. This cutting-edge platform integrates AI Generative Artificial Intelligence (AIGC) with Taoping's intelligent cloud platform technology and product capabilities, paving the way for intelligent, AI-driven smart terminals.

Taoping Launches New Enhanced AI-Powered Smart Terminal

Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024

SHENZHEN, China , April 25, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported 59.4% revenue growth for the year ended December 31, 2023, and anticipated continued growth for the full year 2024. The Company expects to file its annual report on Form 20-F for the year ended on December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on or about April 25, 2024.

Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024

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