Reported Earnings • May 17
First quarter 2026 earnings released: US$0.033 loss per share (vs US$0.031 loss in 1Q 2025) First quarter 2026 results: US$0.033 loss per share (further deteriorated from US$0.031 loss in 1Q 2025). Revenue: US$4.11m (up 7.7% from 1Q 2025). Net loss: US$653.7k (loss widened 24% from 1Q 2025). Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CEO, President & Chairman of the Board Leo Chan is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 27
Full year 2025 earnings released: US$0.41 loss per share (vs US$0.012 profit in FY 2024) Full year 2025 results: US$0.41 loss per share (down from US$0.012 profit in FY 2024). Revenue: US$16.5m (up 3.2% from FY 2024). Net loss: US$7.34m (down US$7.52m from profit in FY 2024). Board Change • Jan 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jimmy Wong was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Third quarter 2025 earnings released: US$0.21 loss per share (vs US$0.002 loss in 3Q 2024) Third quarter 2025 results: US$0.21 loss per share (further deteriorated from US$0.002 loss in 3Q 2024). Revenue: US$4.49m (up 20% from 3Q 2024). Net loss: US$4.15m (loss widened US$4.12m from 3Q 2024). New Risk • Oct 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue has declined by 7.4% over the past year. Minor Risk Market cap is less than US$100m (US$22.4m market cap). Reported Earnings • Aug 15
Second quarter 2025 earnings released: US$0.088 loss per share (vs US$0.01 profit in 2Q 2024) Second quarter 2025 results: US$0.088 loss per share (down from US$0.01 profit in 2Q 2024). Revenue: US$3.97m (down 16% from 2Q 2024). Net loss: US$1.53m (down US$1.68m from profit in 2Q 2024). Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO, Secretary & Director John Feliciano is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Apr 01
Toppoint Holdings Inc. announced delayed annual 10-K filing On 03/31/2025, Toppoint Holdings Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. 공시 • Mar 28
Toppoint Holdings Inc. Announces the Appointment of Jimmy M. Wong to Its Board of Directors Toppoint Holdings Inc. announced the appointment of Mr. Jimmy M. Wong to its Board of Directors, effective March 25, 2025, replacing Mr. Dingding He, who resigned from the Board on March 23, 2025. Mr. Wong has also been elected to serve as Chair of the Audit Committee, and as a member of the Compensation Committee and the Nominating and Corporate Governance Committee. He has been designated as the Company’s “audit committee financial expert” as defined under Regulation S-K. Mr. Wong is a seasoned executive with over 30 years of experience in finance, business, and information technology, with leadership roles spanning North America and the Asia Pacific region. His background includes expertise in financial systems, eCommerce, and management consulting. An accomplished entrepreneur, he founded and led several startups in Hong Kong and China, including Teksen, which merged with HiSoft China in 2005. He then served as CEO of HiSoft Enterprise Solutions Group, supporting a global client base. Earlier in his career, Mr. Wong held senior positions in Asia, including Head of the Asia Oracle Practice at Accenture, where he also led the firm’s global eCommerce initiative. He was also Director of Oracle Consulting Services, advising multinational corporations on the implementation of Oracle financial applications. Mr. Wong began his career in North America, holding consulting and finance roles at Coopers & Lybrand Consulting Group, Digital Equipment Corporation, and the Canadian Imperial Bank of Commerce. He holds an MBA, a Master of Applied Science in Engineering, and a Bachelor of Applied Science in Engineering from the University of Ottawa. He was a Certified Management Accountant and a registered Professional Engineer (P.Eng.) in Ontario. He is currently retired. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to US$1.29, the stock trades at a trailing P/E ratio of 75.7x. Average trailing P/E is 27x in the Transportation industry in the US. Board Change • Feb 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO, Secretary & Director John Feliciano is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. CEO, President & Chairman of the Board Hok Chan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 