NYSEAMERICAN : TOPP
Toppoint Holdings Inc. — Financial statements
Industrials · Trucking · United States
Last price 0.118 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 2.91M
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Financial statements
Toppoint Holdings Inc. (TOPP) reported revenue of 17.52M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 17.52M | 16.55M | 16.04M | 18.04M | 21.49M |
| Cost of Revenue | 16.89M | 16.05M | 14.27M | 15.39M | 16.46M |
| Gross Profit | 625.93K | 497.73K | 1.77M | 2.65M | 5.03M |
| Selling, General & Admin | 7.06M | 7.88M | 2.41M | 1.87M | 2.58M |
| Operating Expenses | 7.06M | 7.88M | 2.41M | 1.87M | 2.58M |
| Operating Income | -6.44M | -7.38M | -645.75K | 774.32K | 2.45M |
| Interest Expense | -193.10K | -363.50K | -139.66K | -10.26K | -20.41K |
| Interest & Investment Income | 384.07K | 381.29K | |||
| Other Non Operating Income (Expenses) | 862.36K | 156.23K | 33.82K | ||
| EBT Excluding Unusual Items | -6.25M | -7.36M | 76.95K | 920.28K | 2.46M |
| Gain (Loss) on Sale of Assets | -11.50K | ||||
| Other Unusual Items | 29.07K | ||||
| Pretax Income | -6.25M | -7.36M | 65.45K | 920.28K | 2.49M |
| Income Tax Expense | -15.16K | -109.42K | 377.93K | 804.13K | |
| Net Income | -6.25M | -7.34M | 174.87K | 542.35K | 1.69M |
| Net Income to Common | -6.25M | -7.34M | 174.87K | 542.35K | 1.69M |
| Shares Outstanding (Basic) | 19.48M | 17.92M | 15.00M | 15.00M | 12.18M |
| Shares Outstanding (Diluted) | 19.48M | 17.92M | 15.00M | 15.00M | 12.18M |
| EPS (Basic) | -0.32 | -0.41 | 0.01 | 0.04 | 0.14 |
| EPS (Diluted) | -0.32 | -0.41 | 0.01 | 0.04 | 0.14 |
| Free Cash Flow | -902.78K | -2.14M | -1.80M | 1.92M | 823.46K |
| Free Cash Flow Per Share | -0.05 | -0.12 | -0.12 | 0.13 | 0.07 |
| Gross Margin | 3.57% | 3.01% | 11.03% | 14.69% | 23.39% |
| Operating Margin | -36.74% | -44.58% | -4.03% | 4.29% | 11.41% |
| Profit Margin | -35.66% | -44.38% | 1.09% | 3.01% | 7.86% |
| Free Cash Flow Margin | -5.15% | -12.91% | -11.21% | 10.66% | 3.83% |
| EBITDA | -6.17M | -7.04M | -548.77K | 829.22K | |
| EBITDA Margin | -35.21% | -42.53% | -3.42% | 4.60% | |
| D&A For EBITDA | 268.68K | 339.89K | 96.98K | 54.90K | |
| EBIT | -6.44M | -7.38M | -645.75K | 774.32K | 2.45M |
| EBIT Margin | -36.74% | -44.58% | -4.03% | 4.29% | 11.41% |
| Effective Tax Rate | 41.07% | 32.25% | |||
| Revenue as Reported | 16.55M | 16.55M | 16.04M | 18.04M | 21.49M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 4.70M | 1.20M | 557.62K | 1.46M | 744.85K |
| Cash & Short-Term Investments | 4.70M | 1.20M | 557.62K | 1.46M | 744.85K |
| Accounts Receivable | 1.68M | 1.58M | 1.29M | 1.17M | 1.82M |
| Other Receivables | 541.75K | 365.78K | |||
| Receivables | 4.22M | 3.95M | 1.29M | 1.17M | 1.82M |
| Prepaid Expenses | 46.20K | 75.00K | 750.00 | 750.00 | |
| Other Current Assets | 398.51K | 205.87K | |||
| Total Current Assets | 8.97M | 5.22M | 2.25M | 2.83M | 2.56M |
| Property, Plant & Equipment | 1.53M | 1.74M | 1.95M | 1.12M | 2.21M |
| Other Intangible Assets | 336.09K | 470.52K | 739.40K | 798.61K | |
| Other Long-Term Assets | 61.00K | 561.00K | 50.00K | 207.02K | |
| Total Assets | 13.90M | 11.00M | 4.99M | 4.96M | 4.78M |
| Accounts Payable | 808.12K | 886.24K | 402.55K | 335.60K | 74.19K |
| Short-Term Debt | 84.49K | 84.49K | 1.10M | ||
| Current Portion of Long-Term Debt | 375.38K | 383.83K | 3.15K | 3.15K | 3.15K |
| Current Portion of Leases | 294.61K | 237.93K | 130.55K | 99.96K | 146.18K |
| Current Income Taxes Payable | 142.09K | 296.40K | 381.83K | ||
| Current Unearned Revenue | 25.02K | 23.09K | 862.84K | 862.84K | |
| Total Current Liabilities | 1.59M | 1.62M | 1.78M | 1.60M | 1.47M |
| Long-Term Debt | 442.50K | 608.18K | 146.75K | 146.75K | 146.75K |
| Long-Term Leases | 77.20K | 150.43K | 331.83K | 462.39K | 928.00K |
| Long-Term Deferred Tax Liabilities | 187.11K | 382.22K | 409.83K | ||
| Total Liabilities | 2.11M | 2.37M | 2.44M | 2.59M | 2.95M |
| Common Stock | 2.47K | 1.97K | 1.50K | 1.50K | 1.50K |
| Additional Paid-In Capital | 17.69M | 13.56M | 139.75K | 139.75K | 139.75K |
| Retained Earnings | -5.90M | -4.94M | 2.40M | 2.23M | 1.68M |
| Shareholders' Equity | 11.79M | 8.62M | 2.54M | 2.37M | 1.82M |
| Total Liabilities & Equity | 13.90M | 11.00M | 4.99M | 4.96M | 4.78M |
| Total Debt | 1.27M | 1.46M | 1.71M | 712.25K | 1.22M |
| Net Cash (Debt) | 3.42M | -262.45K | -1.15M | 743.73K | -479.23K |
| Net Cash Per Share | 0.18 | -0.01 | -0.08 | 0.05 | -0.04 |
| Filing Date Shares Outstanding | 24.70M | 19.70M | 17.50M | 15.00M | 15.00M |
| Total Common Shares Outstanding | 24.70M | 19.70M | 15.00M | 15.00M | 15.00M |
| Working Capital | 7.38M | 3.61M | 468.94K | 1.24M | 1.10M |
| Book Value Per Share | 0.48 | 0.44 | 0.17 | 0.16 | 0.12 |
| Tangible Book Value | 11.46M | 8.15M | 1.80M | 1.57M | 1.82M |
| Tangible Book Value Per Share | 0.46 | 0.41 | 0.12 | 0.10 | 0.12 |
| Machinery | 1.55M | 1.55M | 1.19M | ||
| Leasehold Improvements | 150.97K | 150.97K | 150.97K | 150.97K | 65.38K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -6.25M | -7.34M | 174.87K | 542.35K | 1.69M |
| Depreciation & Amortization | 626.99K | 689.09K | 360.10K | 507.57K | 96.47K |
| Other Amortization | 285.54K | 273.04K | 67.22K | ||
| Loss (Gain) From Sale of Assets | 11.50K | ||||
| Stock-Based Compensation | 4.38M | 5.36M | |||
| Provision & Write-off of Bad Debts | 123.37K | ||||
| Other Operating Activities | -187.11K | 11.91K | 405.96K | 409.83K | |
| Change in Accounts Receivable | -206.16K | -289.66K | -243.29K | 646.63K | -1.27M |
| Change in Accounts Payable | 153.77K | 483.69K | 66.95K | 261.40K | -114.08K |
| Change in Unearned Revenue | 25.02K | 23.09K | -862.84K | 862.84K | |
| Change in Income Taxes | -142.09K | -154.31K | -85.43K | 381.83K | |
| Change in Other Net Operating Assets | -578.47K | -650.52K | -149.21K | -270.27K | -1.17M |
| Operating Cash Flow | -1.56M | -1.78M | -593.73K | 2.01M | 888.84K |
| Capital Expenditures | 657.57K | -355.37K | -1.20M | -85.60K | -65.38K |
| Sale (Purchase) of Intangibles | -8.00K | -798.61K | |||
| Other Investing Activities | 5.70M | -500.00K | -207.02K | ||
| Investing Cash Flow | 1.36M | -5.86M | -1.21M | -1.09M | -65.38K |
| Short-Term Debt Issued | 1.10M | ||||
| Long-Term Debt Issued | 996.46K | ||||
| Total Debt Issued | 667.96K | 996.46K | 1.10M | ||
| Short-Term Debt Repaid | -1.02M | ||||
| Long-Term Debt Repaid | -108.53K | -141.50K | |||
| Total Debt Repaid | -1.33M | -1.12M | -141.50K | ||
| Net Debt Issued (Repaid) | -666.10K | -127.58K | 1.10M | -141.50K | |
| Issuance of Common Stock | 4.13M | 8.46M | |||
| Common Dividends Paid | -377.05K | ||||
| Other Financing Activities | -50.00K | -50.00K | -192.64K | -205.87K | |
| Financing Cash Flow | 3.41M | 8.28M | 907.36K | -205.87K | -518.55K |
| Miscellaneous Cash Flow Adjustments | 1.00 | ||||
| Net Cash Flow | 3.21M | 644.78K | -898.36K | 711.12K | 304.92K |
| Free Cash Flow | -902.78K | -2.14M | -1.80M | 1.92M | 823.46K |
| Free Cash Flow Margin | -5.15% | -12.91% | -11.21% | 10.66% | 3.83% |
| Free Cash Flow Per Share | -0.05 | -0.12 | -0.12 | 0.13 | 0.07 |
| Levered Free Cash Flow | -570.72K | -835.08K | -2.54M | 717.63K | |
| Unlevered Free Cash Flow | -454.20K | -612.06K | -2.45M | 724.04K | |
| Cash Interest Paid | 84.51K | 39.23K | 5.85K | 20.41K | 20.41K |
| Cash Income Tax Paid | 314.04K | 240.00K | |||
| Change in Working Capital | -605.84K | -575.50K | -1.34M | 552.34K | -1.31M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 2.77M | 15.69M | |||
| Enterprise Value | -657.91K | 16.21M | |||
| Last Close Price | 0.12 | 0.81 | |||
| PS Ratio | 0.17 | 0.95 | |||
| PB Ratio | 0.25 | 1.82 | |||
| P/TBV Ratio | 0.25 | 1.93 | |||
| EV/Sales Ratio | 0.98 | ||||
| Debt / Equity Ratio | 0.11 | 0.17 | 0.67 | 0.30 | 0.67 |
| Debt / EBITDA Ratio | 0.53 | 0.47 | |||
| Debt / FCF Ratio | 0.37 | 1.49 | |||
| Net Debt / Equity Ratio | -0.29 | 0.03 | 0.45 | -0.31 | 0.26 |
| Net Debt / EBITDA Ratio | 0.56 | -0.04 | -2.10 | -0.90 | |
| Net Debt / FCF Ratio | 3.79 | -0.12 | -0.64 | -0.39 | 0.58 |
| Asset Turnover | 1.34 | 2.07 | 3.23 | 3.71 | |
| Quick Ratio | 4.36 | 1.95 | 1.04 | 1.64 | 1.75 |
| Current Ratio | 5.65 | 3.23 | 1.26 | 1.77 | 1.75 |
| Return on Equity (ROE) | -58.59% | -131.58% | 7.12% | 25.88% | |
| Return on Assets (ROA) | -30.75% | -57.70% | -8.12% | 9.94% | |
| Return on Invested Capital (ROIC) | -75.88% | -117.28% | -24.28% | 23.24% | 72.07% |
| Return on Capital Employed (ROCE) | -52.30% | -78.70% | -20.10% | 23.10% | 74.10% |
| Earnings Yield | -286.24% | -46.82% | |||
| FCF Yield | -30.97% | -13.62% | |||
| Payout Ratio | 22.32% | ||||
| Buyback Yield / Dilution | -20.91% | -19.49% | -23.10% |