---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-042347"
form_type: "8-K"
ticker: "ITP"
cik: "0001358190"
company_name: "IT TECH PACKAGING, INC."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:01:37.403795+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IT Tech Packaging Q1 revenue down 65% to $6.86M; net loss widens to $3.75M

## Summary
- Revenue $6.86M, down 65% YoY; net loss $3.75M ($0.37 loss per share) vs $2.73M loss in Q1 2023.
- Production suspension of corrugating medium paper in Jan/Feb and tissue paper products in Q1 drove decline.
- Gross profit turned positive to $0.40M (margin 5.81%) vs gross loss of $0.28M a year ago.
- Operating loss $3.50M; EBITDA -$0.02M vs positive $1.21M prior year.
- Cash $4.51M, short-term debt $9.69M; working capital $5.44M; operating cash flow $0.62M.

## SEC filing metadata
- accession: 0001213900-24-042347
- form_type: 8-K
- ticker: ITP
- cik: 0001358190
- company_name: IT TECH PACKAGING, INC.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1358190/000121390024042347/0001213900-24-042347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1358190/000121390024042347/ea0205913-8k_ittech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-042347
- JSON: https://secwatch.observer/filing/0001213900-24-042347.json
- Plain text: https://secwatch.observer/filing/0001213900-24-042347.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.