Filing Flows › Toppoint Holdings (TOPP) › Q1 2025
Toppoint Holdings (TOPP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Toppoint Holdings (TOPP) reported revenue of $3.8M for the first quarter 2025 (Q1 2025), +2% from a year earlier and -2% from the quarter before. Operating margin was -10.7%, net loss $528K (13.9% of revenue).
Toppoint Holdings, Q1 2025: revenue $3.8M (+2% year over year), operating margin -10.7%, net loss $528K, operating cash flow −$884K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8M | -2% | +2% |
| Operating profit | −$407K | — | — |
| Net earnings | −$528K | — | — |
| Operating cash flow | −$884K | -504% | — |
What changed
Revenue was $3.8M in Q1 2025, up 2% year over year and down 2% from the previous quarter. Paper was the largest line at 68% of revenue. Import added $258K year over year (up 42%), 332% of the total change. Plastic declined 34%.
Operating costs exceeded revenue by $407K, an operating margin of -10.7%. Total costs grew 18% against revenue growth of 2%. The quarter ended with a net loss of $528K, wider than the previous quarter's $53K loss.
Operating cash flow was −$884K. Non-cash charges added back $164K of depreciation and amortization. Working capital and other items used $520K. Capital expenditures of $693K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Toppoint Holdings' revenue in the first quarter 2025?
Toppoint Holdings (TOPP) reported revenue of $3.8M for the first quarter 2025 (Q1 2025), +2% from a year earlier and -2% from the quarter before.
Was Toppoint Holdings profitable in the first quarter 2025?
Operating loss was $407K (-10.7% of revenue) and net loss $528K.
Source: Toppoint Holdings 10-Q on SEC EDGAR.