tradmap

TOPP Financials Toppoint Holdings Inc.

3 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 declined 4.2% per year over the past 2 years.
  • Operating margin has contracted, at -44.6% in the latest year.

Financial health

  • The company holds more cash ($1M) than total debt ($1M).
  • Total debt has grown faster than revenue (592.4% vs -4.2% per year).
  • Operating income covered interest expense -20.3× in the latest year, down from 75× 2 years ago.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$7M $5M $18M $0 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-45% -17% 11% 0% 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$2M -$107130 $2M $0 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $727988 $1M 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$6M $1M $8M $0 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $17M -$7M 3.0% -44.6% -$2M $1M $1M
2024 $16M $174871 11.0% -4.0% -$2M $149900 $557619
2023 $18M $542351 0.0% 4.3% $2M $1M

Valuation over time

How the market has priced TOPP against its own fundamentals since 2025-01 — 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 / earnings (P/E)
0.0 122.2 244.5 Jan '25 Apr '25 Jul '25 Oct '25 Jan '26 Apr '26
P/E
Price / sales (P/S)
0.0 1.5 2.9 Jan '25 Apr '25 Jul '25 Oct '25 Jan '26 Apr '26
P/S

Frequently asked questions

Is TOPP growing its revenue and profit?

Over the past 2 years, Toppoint Holdings Inc.'s revenue has declined 4.2% per year. These are computed facts, not advice.

How much debt does TOPP have?

As of FY2025, Toppoint Holdings Inc. reported $1M of total debt against $1M of cash; operating income covered interest expense -20.3×.

What is TOPP's profit margin?

In FY2025, gross margin was 3.0%, operating margin -44.6%, and net margin -44.4%.

What is TOPP's P/E ratio?

As of Jun '26, Toppoint Holdings Inc. traded at a price-to-earnings ratio of about 139.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.