# IT Tech Packaging, Inc. (ITP)

> Source: Nexqual · https://nexqual.com/ITP · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, IT Tech Packaging, Inc. (ITP), nexqual.com/ITP" · informational, not investment advice.

**Price:** USD 0.15 (+1.96% on the day) · last close of Oct 15, 2026; US market pre market, not a live price. Prev close 0.14 · day 0.13–0.15 · 52w 0.13–0.33 · market cap $2.5M · ASE

## Key facts
- Last four reported quarters (through Sep 30, 2025): revenue $78.9M, net income -$10.9M (-13.9% margin), free cash flow $3.8M (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -44.4% vs S&P 500 +18.1%; 5Y -95.8% vs S&P 500 +85.1%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $101M | $161M | $100M | $86.5M | $75.8M | $78.9M |
| Gross profit | $5.7M | $11.0M | $4.8M | $1000K | $6.7M | — |
| Operating income | -$5.5M | $1.5M | -$5.3M | -$9.6M | -$8.2M | -$9.9M |
| Net income | -$5.6M | $906K | -$16.6M | -$9.9M | -$9.8M | -$10.9M |
| EPS (diluted) | -$2.10 | $0.10 | -$1.66 | -$0.99 | -$0.98 | — |
| Free cash flow | -$5.0M | -$27.5M | $6.2M | -$9.4M | $6.0M | $3.8M |
| Gross margin | 5.6% | 6.8% | 4.7% | 1.2% | 8.8% | — |
| Operating margin | -5.4% | 0.9% | -5.3% | -11.1% | -10.8% | -12.6% |
| Net margin | -5.5% | 0.6% | -16.5% | -11.5% | -13.0% | -13.9% |
| Revenue growth | -14.2% | +59.4% | -37.6% | -13.8% | -12.4% | — |
| Cash + short-term investments | $4.1M | $11.2M | $9.5M | $4.4M | $7.0M | — |
| Total debt | $16.0M | $15.8M | $9.0M | $11.4M | $4.7M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Sep 30, 2025)
P/S 0.0x · EV/EBITDA 0.7x · EV/Sales 0.0x · P/FCF 0.6x · P/B 0.0x · FCF yield 153.91% · Earnings yield -442.02% · Net debt $702K · EV $3.2M

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -44.4% | -95.8% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -44.6% | -47.0% |
| Volatility (annualized) | 74.3% | 93.8% |
| Max drawdown | -48.1% (Oct 2025→Sep 2026) | -96.9% (Apr 2022→Sep 2026) |

## Peers (Paper & Paper Products)
CLW (Clearwater Paper Corporation) USD 19.3 -1.48% · SLVM (Sylvamo Corporation) USD 32.37 +0.62% · SUZ (Suzano S.A.) USD 8.35 -3.24% · TECK (Teck Resources Ltd) USD 65.74 -2.13% · VMC (Vulcan Materials Company (Holdi) USD 252.4 +3.64% · GFI (Gold Fields Limited) USD 37.09 +2.06%

## More
Full page: https://nexqual.com/ITP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt