Filing Flows › Toppoint Holdings (TOPP) › Q4 2024
Toppoint Holdings (TOPP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Toppoint Holdings (TOPP) reported revenue of $3.9M for the fourth quarter 2024 (Q4 2024) and +4% from the quarter before. Operating margin was -14.6%, net loss $53K (1.4% of revenue).
Toppoint Holdings, Q4 2024: revenue $3.9M, operating margin -14.6%, net loss $53K, operating cash flow $219K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | +4% | — |
| Operating profit | −$565K | — | — |
| Net earnings | −$53K | — | — |
| Operating cash flow | $219K | — | — |
What changed
Revenue was $3.9M in Q4 2024, up 4% from the previous quarter.
Operating costs exceeded revenue by $565K, an operating margin of -14.6%. The quarter ended with a net loss of $53K, wider than the previous quarter's $28K loss. Non-operating items added $306K, -118% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $219K. Non-cash charges added back $50K of depreciation and amortization. Working capital and other items added $222K. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$946K.
Questions
What was Toppoint Holdings' revenue in the fourth quarter 2024?
Toppoint Holdings (TOPP) reported revenue of $3.9M for the fourth quarter 2024 (Q4 2024) and +4% from the quarter before.
Was Toppoint Holdings profitable in the fourth quarter 2024?
Operating loss was $565K (-14.6% of revenue) and net loss $53K.
Source: Toppoint Holdings 10-K on SEC EDGAR.