Toppoint Holdings Inc. (TOPP)

Toppoint Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022
Revenue	18.04	18.04	21.49
Revenue Growth (YoY)	-	-16.06%	-
Cost of Revenue	15.39	15.39	16.46
Gross Profit	2.65	2.65	5.03
Selling, General & Admin	1.87	1.87	2.58
Operating Expenses	1.87	1.87	2.58
Operating Income	0.77	0.77	2.45
Interest Expense / Income	0.01	0.01	0.02
Other Expense / Income	-0.16	-0.16	-0.06
Pretax Income	0.92	0.92	2.49
Income Tax	0.38	0.38	0.8
Net Income	0.54	0.54	1.69
Net Income Growth	-	-67.89%	-
Free Cash Flow	-1.77	-1.77	0.82
Gross Margin	14.69%	14.69%	23.39%
Operating Margin	4.29%	4.29%	11.41%
Profit Margin	3.01%	3.01%	7.86%
Free Cash Flow Margin	-9.83%	-9.83%	3.83%
Effective Tax Rate	41.07%	41.07%	32.25%
EBITDA	1.44	1.44	2.61
EBITDA Margin	7.97%	7.97%	12.15%
Depreciation & Amortization	0.51	0.51	0.1
EBIT	0.93	0.93	2.51
EBIT Margin	5.16%	5.16%	11.70%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).