Revenue growth is positive but the company remains unprofitable with widening operating losses. Monitor the trajectory of waste paper revenue and operating cost control in Q2; the $5M loan receivable collection is a key liquidity catalyst. No guidance provided limits forward visibility.
Price Chart
Executive Summary
Toppoint Holdings reported Q1 2026 revenue of $4.1M (+8% YoY), driven by 61.8% growth in import and 164.8% growth in metal verticals. However, the company posted a net loss of $653,732 (vs $407,117 operating loss a year ago) as costs grew 14%, and waste paper revenue declined 20.2%. No analyst consensus or guidance was provided, making the beat/miss unquantifiable.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $4,106,943, up 8% from $3,811,610 YoY
- Net loss of $653,732 or $(0.03) per diluted share on 19.7M weighted-average shares
- Import revenue surged 61.8% to $1,409,083; metal revenue up 164.8% to $565,647
- Waste paper revenue declined 20.2% to $2,065,017, still the largest vertical
- Operating loss widened to $714,069 from $407,117; total costs up 14% to $4,821,012
- Cash balance $836,167; holds $5.0M in loan receivables; operating cash burn improved to $790,793 from $884,443
- No formal guidance provided; management expects continued strength in import and metal verticals
Financial Impact
Revenue growth of ~$295K YoY partially offset by $307K wider operating loss; net loss of $653,732 vs prior-year net income of $174,871 (full-year 2025 comparison).
Risk Factors
- Waste paper revenue declining 20.2% YoY remains the largest vertical and a drag on overall growth
- Operating loss widening 75% YoY to $714K despite revenue growth
- No formal guidance provided; management commentary is qualitative only
- Cash burn continues; $836K cash vs $5M loan receivable (collection risk)
- Tiny market cap ($19M) amplifies stock moves on any news
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-056679 |
| Document: ea029093001ex99-1.htm | 0001213900-26-056679 |
| Document: 0001213900-26-056679-index-headers.html | 0001213900-26-056679 |
| Document: 0001213900-26-056679-index.html | 0001213900-26-056679 |
| Document: 0001213900-26-056679.txt | 0001213900-26-056679 |
| 8-K Data (Synthetic) | 0001213900-26-056679 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 7, 2026 19d ago | 8-K | $0.1810 | awaiting T+60 | — | $0.1141 (−36.96%) |
Sep 30, 2026 26d ago | 8-K | $0.1250 | awaiting T+60 | — | $0.1141 (−8.72%) |
Sep 14, 2026 6w ago | Press Release | $0.1610 | awaiting T+60 | — | $0.1141 (−29.13%) |
Sep 11, 2026 6w ago | 8-K | $0.1600 | awaiting T+60 | — | $0.1141 (−28.69%) |
Aug 24, 2026 9w ago | DEFA14A | $0.1900 | awaiting T+60 | — | $0.1141 (−39.95%) |
Jul 14, 2026 15w ago | EFFECT | $0.8500 $0.1720 | ▲ +79.76% | ▲ +83.14% | $0.1141 (+86.58%) |
Jun 25, 2026 17w ago | 8-K | $1.16 $0.1412 | ▼ −87.83% | ▼ −93.92% | $0.1141 (−90.16%) |
Jun 2, 2026 20w ago | 8-K | $2.14 $0.1923 | ▼ −91.01% | ▼ −93.51% | $0.1141 (−94.67%) |
May 26, 2026 21w ago | 8-K | $1.54 $0.1937 | ▲ +87.42% | ▲ +89.30% | $0.1141 (+92.59%) |
May 14, 2026 23w ago | 8-K | $0.8710 $0.2477 | ▼ −71.56% | ▼ −76.08% | $0.1141 (−86.90%) |
US Market Status
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