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 →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $8M | -$24M | 8.7% | -301.6% | -$1M | — | $13M |
| 2024 | $4M | -$9M | 35.5% | -190.1% | -$39M | — | $3M |
| 2023 | $5M | -$3M | 65.9% | -45.7% | -$2M | — | $5M |
| 2022 | $3M | -$771483 | 69.3% | -29.5% | -$1M | — | $3M |
| 2021 | $6M | $2M | 78.4% | 48.3% | $4M | — | $4M |
| 2020 | $1M | $339968 | 65.4% | 28.5% | $54631 | — | — |
How the market has priced WAI 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.
Over the past 5 years, Top KingWin Ltd's revenue has grown 43.2% per year. These are computed facts, not advice.
As of FY2025, Top KingWin Ltd reported — of total debt against $13M of cash.
In FY2025, gross margin was 8.7%, operating margin -301.6%, and net margin -298.8%.
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.