secwatch.observer — SEC 8-K summary
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Issuer:     IT TECH PACKAGING, INC. (ITP)
CIK:        0001358190
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001213900-22-012560
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IT Tech Packaging Q4 net income $4.16M, revenue $45.05M (+38.7% YoY)
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- Revenue $45.05M (+38.7% YoY), led by 59% increase in CMP product sales.
- Net income $4.16M ($0.07 EPS) vs net loss of $1.62M (-$0.06 EPS) in Q4 2020.
- EBITDA $8.66M (+229.3%); gross margin improved to 9.6% from 2.3%.
- FY2021 revenue $160.88M (+59% YoY); gross profit $11.02M (+93% YoY).
- Selling, general & administrative expenses fell 12% to $2.4M in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1358190/000121390022012560/0001213900-22-012560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1358190/000121390022012560/ea156909-8k_ittechpack.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-012560

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer