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MARKETS / NASDAQ / DPU
NASDAQ · SERVICES-BUSINESS SERVICES, NEC · SMALL CAP

Top KingWin Ltd. DPU

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$8.0M
▲ 114.3% YoY
$-24.0M
$-1.3M
Growth
USD 8.0M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 8.0 · Net income -24.0
4M8M-10M-20M202020212022202320242025
Compound annual growth
+37.1%
+43.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +43.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−299 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -301.6% · Net -298.8%
20%40%-100%-200%-300%202020212022202320242025
ROE
FY2025 · ROE -72.8%
50%100%-20%-40%-60%202020212022202320242025

Each USD of equity lost 73 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -1.3
-20M202020212022202320242025

Total assetsUSD 33.3M
EquityUSD 30.3M
CashUSD 13.1M
DepositsUSD 30,310.00
Current ratio11.11×

Equity funds 91% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.00.00.0
EBITDA $B·−0.0−0.0−0.00.00.0
Income tax $B·0.00.0−0.00.00.0
Net income $B−0.0−0.0−0.0−0.00.00.0
Free cash flow $B−0.0−0.0−0.0−0.00.00.0
EPS, diluted $−26.92−41.37−114.16−0.060.190.03
Dividend / sh $······
Payout %······
ROE %−72.8−40.3−54.9−33.0142.275.7

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 67 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Business Services, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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