tradmap

DPU Financials Top KingWin Ltd

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 43.2% per year over the past 5 years.
  • Operating margin has contracted, at -301.6% in the latest year.

Financial health

  • The company is unprofitable; at its current free-cash-flow burn it has roughly 10.0 years of cash runway.
Revenue & net income
-$24M -$8M $8M $0 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-302% -112% 78% 0% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-79% 2% 83% 0% 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-$39M -$18M $4M $0 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $7M $13M 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$39M -$1M $37M $0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $8M -$24M 8.7% -301.6% -79.2% -72.1% -$1M — $13M
2024 $4M -$9M 35.5% -190.1% -24.3% -20.9% -$39M — $3M
2023 $5M -$3M 65.9% -45.7% -34.4% -24.9% -$2M — $5M
2022 $3M -$771483 69.3% -29.5% -41.1% -15.2% -$1M — $3M
2021 $6M $2M 78.4% 48.3% 82.5% 39.3% $4M — $4M
2020 $1M $339968 65.4% 28.5% 75.7% — $54631 — —

Valuation over time

How the market has priced DPU against its own fundamentals since 2024-10 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 1.1 2.2 Oct '24 Feb '25 Jun '25 Oct '25 Feb '26 Jun '26 Oct '26
P/S

Frequently asked questions

Is DPU growing its revenue and profit?

Over the past 5 years, Top KingWin Ltd's revenue has grown 43.2% per year. These are computed facts, not advice.

How much debt does DPU have?

As of FY2025, Top KingWin Ltd reported — of total debt against $13M of cash.

What is DPU's profit margin?

In FY2025, gross margin was 8.7%, operating margin -301.6%, and net margin -298.8%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.