--- title: "Toppoint | 10-K: FY2025 Revenue: USD 16.55 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/280522866.md" datetime: "2026-03-25T20:14:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280522866.md) - [en](https://longbridge.com/en/news/280522866.md) - [zh-HK](https://longbridge.com/zh-HK/news/280522866.md) --- # Toppoint | 10-K: FY2025 Revenue: USD 16.55 M Revenue: As of FY2025, the actual value is USD 16.55 M. EPS: As of FY2025, the actual value is USD -0.41. EBIT: As of FY2025, the actual value is USD -7.395 M. #### Segment Revenue Toppoint Holdings Inc.’s total revenue increased by 3% to $16,548,734 for the year ended December 31, 2025, from $16,039,513 in the prior year, primarily driven by growth in new commodity segments like scrap metal and import freight. - Revenue from paper shipments decreased by 14.5% to $9,153,668 in 2025, from $10,709,992 in 2024. - Import revenue increased by 36% to $4,837,876 in 2025, from $3,556,824 in 2024. - Revenue from scrap metal export activities increased by 77.4% to $2,041,790 in 2025, from $1,150,794 in 2024. - Log revenue was $345,700 in 2025, compared to $293,645 in 2024. - Plastic revenue was $169,700 in 2025, compared to $328,258 in 2024. #### Operational Metrics - **Costs of Revenue**: Total costs of revenue increased by 12% to $16,051,009 in 2025, from $14,270,913 in 2024. - Costs of revenue (non-related parties) increased by 18% to $14,621,485 in 2025, from $12,389,648 in 2024. - Costs of revenue (related parties) decreased by -24% to $1,429,524 in 2025, from $1,881,265 in 2024. - Independent contractor drivers costs were $10,508,019 in 2025, up from $10,104,283 in 2024. - Insurance costs increased to $1,655,735 in 2025, from $810,110 in 2024. - Truck maintenance costs were $387,142 in 2025, compared to $414,444 in 2024. - Equipment rental costs were $409,777 in 2025, compared to $408,652 in 2024. - Equipment rental (related party) costs were $423,489 in 2025, compared to $339,454 in 2024. - Parking rent increased to $780,491 in 2025, from $405,000 in 2024. - Depreciation and amortization increased to $608,757 in 2025, from $164,202 in 2024. - **Gross Profit**: Gross profit decreased by $1,270,875 to $497,725 in 2025, from $1,768,600 in 2024. - **Gross Margin**: Gross margin decreased to 3% in 2025, from 11% in 2024. - **Loss from Operations**: Loss from operations increased to - $7,377,538 in 2025, from - $645,751 in 2024, representing a -1,042% change. - **General and Administrative Expenses**: General and administrative expenses increased by 226% to $7,875,263 in 2025, from $2,414,351 in 2024, primarily due to $5,363,550 in stock-based compensation. - **Net Loss**: The company reported a net loss of - $7,344,586 in 2025, a significant decrease from a net income of $174,871 in 2024. #### Cash Flow - **Net Cash Used in Operating Activities**: - $1,781,512 in 2025, compared to - $593,734 in 2024. - **Net Cash Used in Investing Activities**: - $5,855,370 in 2025, compared to - $1,211,981 in 2024, primarily due to - $5,000,000 in notes receivable activities. - **Net Cash Provided by Financing Activities**: $8,281,657 in 2025, compared to $907,358 in 2024, largely due to $8,459,232 in proceeds from common stock issuance. - **Cash at End of Year**: $1,202,395 in 2025, up from $557,619 in 2024. #### Unique Metrics (Number of Loads Completed - NLC) - **Total NLC**: Decreased by 1.0% to 22,443 in 2025, from 22,665 in 2024. - **Waste Paper**: NLC decreased by 20.5% to 13,232 in 2025, from 16,641 in 2024. - **Waste Metal**: NLC increased by 94.1% to 2,413 in 2025, from 1,243 in 2024. - **Forestry**: NLC increased by 16.2% to 315 in 2025, from 271 in 2024. - **Import**: NLC increased by 54.7% to 6,275 in 2025, from 4,057 in 2024. - **Others**: NLC decreased by 54.1% to 208 in 2025, from 453 in 2024. #### Outlook / Guidance Toppoint Holdings Inc. plans to explore international markets in Latin America, including Chancay, Peru, and expects to collect approximately $2 million of outstanding loan receivables in 2026 for operations. The company may require additional cash resources for sustained growth, investments, or acquisitions, despite expanding business operations and raising service prices. ### Related Stocks - [TOPP.US](https://longbridge.com/en/quote/TOPP.US.md) ## Related News & Research - [Toppoint Holdings reports Q1 results](https://longbridge.com/en/news/286518575.md) - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md) - [OnePlus halts OxygenOS 16 update rollout over boot-related problems](https://longbridge.com/en/news/286728836.md) - [Warren Buffett’s Berkshire Hathaway Dumped 16 Stocks in Q1, But the Chevron Sale Was the Largest](https://longbridge.com/en/news/286904279.md) - [11:16 ETMore Runners, More Access: TIAA Joins Philadelphia Marathon Weekend as New Title Sponsor](https://longbridge.com/en/news/287244474.md)