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

Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports

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.

TTMFY2025FY2024FY2023FY2022
Revenue17.52M16.55M16.04M18.04M21.49M
Cost of Revenue16.89M16.05M14.27M15.39M16.46M
Gross Profit625.93K497.73K1.77M2.65M5.03M
Selling, General & Admin7.06M7.88M2.41M1.87M2.58M
Operating Expenses7.06M7.88M2.41M1.87M2.58M
Operating Income-6.44M-7.38M-645.75K774.32K2.45M
Interest Expense-193.10K-363.50K-139.66K-10.26K-20.41K
Interest & Investment Income384.07K381.29K
Other Non Operating Income (Expenses)862.36K156.23K33.82K
EBT Excluding Unusual Items-6.25M-7.36M76.95K920.28K2.46M
Gain (Loss) on Sale of Assets-11.50K
Other Unusual Items29.07K
Pretax Income-6.25M-7.36M65.45K920.28K2.49M
Income Tax Expense-15.16K-109.42K377.93K804.13K
Net Income-6.25M-7.34M174.87K542.35K1.69M
Net Income to Common-6.25M-7.34M174.87K542.35K1.69M
Shares Outstanding (Basic)19.48M17.92M15.00M15.00M12.18M
Shares Outstanding (Diluted)19.48M17.92M15.00M15.00M12.18M
EPS (Basic)-0.32-0.410.010.040.14
EPS (Diluted)-0.32-0.410.010.040.14
Free Cash Flow-902.78K-2.14M-1.80M1.92M823.46K
Free Cash Flow Per Share-0.05-0.12-0.120.130.07
Gross Margin3.57%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-548.77K829.22K
EBITDA Margin-35.21%-42.53%-3.42%4.60%
D&A For EBITDA268.68K339.89K96.98K54.90K
EBIT-6.44M-7.38M-645.75K774.32K2.45M
EBIT Margin-36.74%-44.58%-4.03%4.29%11.41%
Effective Tax Rate41.07%32.25%
Revenue as Reported16.55M16.55M16.04M18.04M21.49M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Cash & Equivalents4.70M1.20M557.62K1.46M744.85K
Cash & Short-Term Investments4.70M1.20M557.62K1.46M744.85K
Accounts Receivable1.68M1.58M1.29M1.17M1.82M
Other Receivables541.75K365.78K
Receivables4.22M3.95M1.29M1.17M1.82M
Prepaid Expenses46.20K75.00K750.00750.00
Other Current Assets398.51K205.87K
Total Current Assets8.97M5.22M2.25M2.83M2.56M
Property, Plant & Equipment1.53M1.74M1.95M1.12M2.21M
Other Intangible Assets336.09K470.52K739.40K798.61K
Other Long-Term Assets61.00K561.00K50.00K207.02K
Total Assets13.90M11.00M4.99M4.96M4.78M
Accounts Payable808.12K886.24K402.55K335.60K74.19K
Short-Term Debt84.49K84.49K1.10M
Current Portion of Long-Term Debt375.38K383.83K3.15K3.15K3.15K
Current Portion of Leases294.61K237.93K130.55K99.96K146.18K
Current Income Taxes Payable142.09K296.40K381.83K
Current Unearned Revenue25.02K23.09K862.84K862.84K
Total Current Liabilities1.59M1.62M1.78M1.60M1.47M
Long-Term Debt442.50K608.18K146.75K146.75K146.75K
Long-Term Leases77.20K150.43K331.83K462.39K928.00K
Long-Term Deferred Tax Liabilities187.11K382.22K409.83K
Total Liabilities2.11M2.37M2.44M2.59M2.95M
Common Stock2.47K1.97K1.50K1.50K1.50K
Additional Paid-In Capital17.69M13.56M139.75K139.75K139.75K
Retained Earnings-5.90M-4.94M2.40M2.23M1.68M
Shareholders' Equity11.79M8.62M2.54M2.37M1.82M
Total Liabilities & Equity13.90M11.00M4.99M4.96M4.78M
Total Debt1.27M1.46M1.71M712.25K1.22M
Net Cash (Debt)3.42M-262.45K-1.15M743.73K-479.23K
Net Cash Per Share0.18-0.01-0.080.05-0.04
Filing Date Shares Outstanding24.70M19.70M17.50M15.00M15.00M
Total Common Shares Outstanding24.70M19.70M15.00M15.00M15.00M
Working Capital7.38M3.61M468.94K1.24M1.10M
Book Value Per Share0.480.440.170.160.12
Tangible Book Value11.46M8.15M1.80M1.57M1.82M
Tangible Book Value Per Share0.460.410.120.100.12
Machinery1.55M1.55M1.19M
Leasehold Improvements150.97K150.97K150.97K150.97K65.38K

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Net Income-6.25M-7.34M174.87K542.35K1.69M
Depreciation & Amortization626.99K689.09K360.10K507.57K96.47K
Other Amortization285.54K273.04K67.22K
Loss (Gain) From Sale of Assets11.50K
Stock-Based Compensation4.38M5.36M
Provision & Write-off of Bad Debts123.37K
Other Operating Activities-187.11K11.91K405.96K409.83K
Change in Accounts Receivable-206.16K-289.66K-243.29K646.63K-1.27M
Change in Accounts Payable153.77K483.69K66.95K261.40K-114.08K
Change in Unearned Revenue25.02K23.09K-862.84K862.84K
Change in Income Taxes-142.09K-154.31K-85.43K381.83K
Change in Other Net Operating Assets-578.47K-650.52K-149.21K-270.27K-1.17M
Operating Cash Flow-1.56M-1.78M-593.73K2.01M888.84K
Capital Expenditures657.57K-355.37K-1.20M-85.60K-65.38K
Sale (Purchase) of Intangibles-8.00K-798.61K
Other Investing Activities5.70M-500.00K-207.02K
Investing Cash Flow1.36M-5.86M-1.21M-1.09M-65.38K
Short-Term Debt Issued1.10M
Long-Term Debt Issued996.46K
Total Debt Issued667.96K996.46K1.10M
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-127.58K1.10M-141.50K
Issuance of Common Stock4.13M8.46M
Common Dividends Paid-377.05K
Other Financing Activities-50.00K-50.00K-192.64K-205.87K
Financing Cash Flow3.41M8.28M907.36K-205.87K-518.55K
Miscellaneous Cash Flow Adjustments1.00
Net Cash Flow3.21M644.78K-898.36K711.12K304.92K
Free Cash Flow-902.78K-2.14M-1.80M1.92M823.46K
Free Cash Flow Margin-5.15%-12.91%-11.21%10.66%3.83%
Free Cash Flow Per Share-0.05-0.12-0.120.130.07
Levered Free Cash Flow-570.72K-835.08K-2.54M717.63K
Unlevered Free Cash Flow-454.20K-612.06K-2.45M724.04K
Cash Interest Paid84.51K39.23K5.85K20.41K20.41K
Cash Income Tax Paid314.04K240.00K
Change in Working Capital-605.84K-575.50K-1.34M552.34K-1.31M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Market Capitalization2.77M15.69M
Enterprise Value-657.91K16.21M
Last Close Price0.120.81
PS Ratio0.170.95
PB Ratio0.251.82
P/TBV Ratio0.251.93
EV/Sales Ratio0.98
Debt / Equity Ratio0.110.170.670.300.67
Debt / EBITDA Ratio0.530.47
Debt / FCF Ratio0.371.49
Net Debt / Equity Ratio-0.290.030.45-0.310.26
Net Debt / EBITDA Ratio0.56-0.04-2.10-0.90
Net Debt / FCF Ratio3.79-0.12-0.64-0.390.58
Asset Turnover1.342.073.233.71
Quick Ratio4.361.951.041.641.75
Current Ratio5.653.231.261.771.75
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 Ratio22.32%
Buyback Yield / Dilution-20.91%-19.49%-23.10%