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Side-by-side financial comparison of Taoping Inc. (TAOP) and WESTPORT FUEL SYSTEMS INC. (WPRT). Click either name above to swap in a different company.

Taoping Inc. is the larger business by last-quarter revenue ($17.6M vs $12.5M, roughly 1.4× WESTPORT FUEL SYSTEMS INC.). Taoping Inc. runs the higher net margin — -26.6% vs -274.8%, a 248.2% gap on every dollar of revenue. On growth, Taoping Inc. posted the faster year-over-year revenue change (-2.6% vs -11.4%). Taoping Inc. produced more free cash flow last quarter ($-2.8M vs $-6.4M).

Taoping Inc. is a China-based technology firm providing smart cloud services, digital media solutions, and targeted internet advertising services. Its core segments cover smart city support, enterprise digital transformation tools, and offline new retail digital operations, serving mainly enterprise and public sector clients in the domestic market.

Westport Innovations is a company that develops alternative fuel, low-emissions technologies to allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas. Headquartered in Vancouver, British Columbia, Canada, where the company was founded, Westport also has facilities in France, Sweden, Italy, China, Australia and the United States.

TAOP vs WPRT — Head-to-Head

Bigger by revenue
TAOP
TAOP
1.4× larger
TAOP
$17.6M
$12.5M
WPRT
Growing faster (revenue YoY)
TAOP
TAOP
+8.8% gap
TAOP
-2.6%
-11.4%
WPRT
Higher net margin
TAOP
TAOP
248.2% more per $
TAOP
-26.6%
-274.8%
WPRT
More free cash flow
TAOP
TAOP
$3.6M more FCF
TAOP
$-2.8M
$-6.4M
WPRT

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
TAOP
TAOP
WPRT
WPRT
Revenue
$17.6M
$12.5M
Net Profit
$-4.7M
$-34.3M
Gross Margin
10.1%
6.7%
Operating Margin
-23.8%
-8.1%
Net Margin
-26.6%
-274.8%
Revenue YoY
-2.6%
-11.4%
Net Profit YoY
-894.8%
-690.4%
EPS (diluted)
$-6.54
$-1.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TAOP
TAOP
WPRT
WPRT
Q2 25
$17.6M
$12.5M
Q4 24
$18.6M
Q3 24
$4.9M
Q2 24
$18.1M
$14.1M
Net Profit
TAOP
TAOP
WPRT
WPRT
Q2 25
$-4.7M
$-34.3M
Q4 24
$-2.4M
Q3 24
$-3.9M
Q2 24
$588.7K
$5.8M
Gross Margin
TAOP
TAOP
WPRT
WPRT
Q2 25
10.1%
6.7%
Q4 24
19.5%
Q3 24
13.6%
Q2 24
22.9%
16.7%
Operating Margin
TAOP
TAOP
WPRT
WPRT
Q2 25
-23.8%
-8.1%
Q4 24
-8.0%
Q3 24
-43.9%
Q2 24
-0.7%
-54.9%
Net Margin
TAOP
TAOP
WPRT
WPRT
Q2 25
-26.6%
-274.8%
Q4 24
-13.0%
Q3 24
-79.3%
Q2 24
3.3%
41.2%
EPS (diluted)
TAOP
TAOP
WPRT
WPRT
Q2 25
$-6.54
$-1.98
Q4 24
$-3.58
Q3 24
$-0.22
Q2 24
$3.29
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TAOP
TAOP
WPRT
WPRT
Cash + ST InvestmentsLiquidity on hand
$2.2M
$6.1M
Total DebtLower is stronger
$5.8M
$977.0K
Stockholders' EquityBook value
$14.5M
$108.9M
Total Assets
$30.3M
$272.1M
Debt / EquityLower = less leverage
0.40×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TAOP
TAOP
WPRT
WPRT
Q2 25
$2.2M
$6.1M
Q4 24
$1.6M
Q3 24
Q2 24
$480.3K
Total Debt
TAOP
TAOP
WPRT
WPRT
Q2 25
$5.8M
$977.0K
Q4 24
$5.8M
Q3 24
Q2 24
Stockholders' Equity
TAOP
TAOP
WPRT
WPRT
Q2 25
$14.5M
$108.9M
Q4 24
$15.9M
Q3 24
$149.3M
Q2 24
$15.8M
$151.5M
Total Assets
TAOP
TAOP
WPRT
WPRT
Q2 25
$30.3M
$272.1M
Q4 24
$35.1M
Q3 24
Q2 24
$34.1M
Debt / Equity
TAOP
TAOP
WPRT
WPRT
Q2 25
0.40×
0.01×
Q4 24
0.37×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TAOP
TAOP
WPRT
WPRT
Operating Cash FlowLast quarter
$-1.5M
$-5.6M
Free Cash FlowOCF − Capex
$-2.8M
$-6.4M
FCF MarginFCF / Revenue
-16.0%
-51.6%
Capex IntensityCapex / Revenue
7.6%
6.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TAOP
TAOP
WPRT
WPRT
Q2 25
$-1.5M
$-5.6M
Q4 24
$147.4K
Q3 24
$-11.7M
Q2 24
$-2.5M
$1.5M
Free Cash Flow
TAOP
TAOP
WPRT
WPRT
Q2 25
$-2.8M
$-6.4M
Q4 24
$-129.3K
Q3 24
$-11.9M
Q2 24
$-3.3M
$262.0K
FCF Margin
TAOP
TAOP
WPRT
WPRT
Q2 25
-16.0%
-51.6%
Q4 24
-0.7%
Q3 24
-243.4%
Q2 24
-18.3%
1.9%
Capex Intensity
TAOP
TAOP
WPRT
WPRT
Q2 25
7.6%
6.6%
Q4 24
1.5%
Q3 24
3.8%
Q2 24
4.3%
8.9%
Cash Conversion
TAOP
TAOP
WPRT
WPRT
Q2 25
Q4 24
Q3 24
Q2 24
-4.30×
0.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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