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NYSE · TRUCKING & COURIER SERVICES (NO AIR)

Toppoint Holdings Inc. TOPP

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$16.5M
▲ 3.2% YoY
$-7.3M
▼ 4300.0% YoY
$-2.1M

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

In brief

What this company does

We are a truckload services and solutions provider focused on the recycling export supply chain. We were incorporated in the State of Nevada on August 16, 2022 as a holding company. We started operations in 2014 through Toppoint Inc., a Pennsylvania corporation, providing logistics services and solutions for the recycling export supply chain in the U.S. As of December 31, 2025, we had 3 full-time employees, 2 part-time employees in the U.S., 11 overseas contractual staffers and approximately 100 independent contractor drivers. As of the date of this report, we have two subsidiaries, Toppoint Inc and Topp Metals Inc. The number of our clients has grown from 10 in 2016 to 206 in 2025 at a 9 year CAGR of approximately 40%.

Written from the business description in Toppoint Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 March 2026. Every sentence was checked against that document before publication.

Growth

USD 16.5M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 16.5 · Net income -7.3
10M20M-3M-6M
202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

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

−44 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -44.6% · Net -44.4%
-20%-40%
202320242025
ROE
FY2025 · ROE -131.6%
10%20%-50%-100%
202320242025
Three returns, three denominators.

Each USD of equity lost 132 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -2.1
1M2M-1M-2M
202320242025

Total assetsUSD 11.0M
EquityUSD 8.6M
CashUSD 1.2M
Gross debtUSD 1.0M
Net debtUSD -164,557.00
Current ratio3.23×

The company holds more cash than debt.

The 3-year record

3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
TOPP, 3-year financial record
Metric 202520242023
Revenue $B0.00.00.0
Operating income $B−0.0−0.00.0
EBITDA $B−0.0−0.00.0
Income tax $B−0.0−0.00.0
Net income $B−0.00.00.0
Free cash flow $B−0.0−0.00.0
EPS, diluted $−0.410.010.04
Dividend / sh $◌◌◌
Payout % — not applicable: no dividend———
ROE %−131.67.125.9
Shares out B0.020.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 13 reconciliationsAUDITED

Reconciled in 3 of the 3 fiscal years we could check. 32 checks were skipped: the balance sheet is not tagged before 2023. 16 checks were skipped: EPS is not tagged before 2023. 16 checks were skipped: revenue is not tagged before 2023.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityTrucking & Courier Services (No Air)
Listed onNYSE
Incorporated inNevada
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2022

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