TOPPNYSETrucking & Courier Services (No Air)US GAAP · USD

Toppoint Holdings Inc.

Toppoint Holdings Inc. is a U.S.-based trucking and courier services company focused on truckload delivery and port-adjacent logistics. Its operations center on moving recycling commodities, import drayage containers, and related freight flows between industrial customers, recycling facilities, and major East Coast ports.

Liikevaihto16,5milj. USD
+3,2 %v/v
Liikevoitto (EBIT)−7,4milj. USD
−1 042,5 %v/v
EBIT-marginaali−44,6%
−40,6 %-yks.v/v
Nettotulos−7,3milj. USD
−4 300,0 %v/v
Vapaa kassavirta−2,1milj. USD
−18,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2023–2025

−1001020milj. USD2023: 18 milj. USD2023: EBIT 0,77 milj. USD20232024: 16 milj. USD2024: EBIT −0,65 milj. USD20242025: 17 milj. USD2025: EBIT −7,4 milj. USD202517−7,4
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Truckload delivery45 %

Point-to-point truckload transportation completed when freight reaches its destination.

Recycling export logistics30 %

Movement of waste paper, scrap metal, logs, and other recyclable commodities to ports.

Import drayage20 %

Short-haul container moves from ports to inland destinations and related final-mile work.

Specialized logistics services5 %

Cold-chain, refrigerated container handling, and integrated logistics solutions.

Tuotteet

Raportoitu · osuus liikevaihdosta
66,8%22,2%FY2024100 %
  • Paper66,8 %
  • Import22,2 %
  • Metal7,2 %
  • Plastic2,0 %
  • Log1,8 %

Lähde: 10-K FY2024, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company serves waste companies, recycling centers, commodity traders, freight brokers, and import/export logistics partners. Its customers use Toppoint for time-sensitive container moves, port access, and handling of high-throughput commodities that require reliable pickup, delivery, and turnaround.

Waste management companies

Buy outbound hauling for waste paper and related recycling loads to ports and processing points.

Recycling centers

Use the company for high-volume, time-sensitive transport of recyclable commodities.

Commodity traders

Ship scrap metal, logs, and other export commodities through port logistics lanes.

Import freight brokers

Source drayage capacity for inbound containers and final-mile delivery from ports.

Industrial and logistics partners

Buy integrated loading, transport, drayage, and unloading solutions for complex freight flows.

Strategia

The company is building density in recycling export lanes while expanding import drayage to increase container utilization and revenue per move. It is also adding specialized services such as refrigerated logistics and pursuing partnerships that extend its reach into new ports and cross-border freight corridors.

Increase import drayage capacityLyhyt aikaväli

Inbound containers can be reused for outbound freight, improving asset productivity.

Deepen recycling export relationshipsKeskipitkä aikaväli

Core customers and lanes provide recurring freight volume and operational familiarity.

Broaden service mixKeskipitkä aikaväli

Specialized services can diversify freight sources and reduce dependence on one commodity lane.

Expand geographic reach through partnershipsPitkä aikaväli

New port and cross-border relationships can open additional freight corridors.

Maantiede

Toppoint is centered in the New Jersey and Pennsylvania regional trucking market, with freight flows tied to the ports of Newark and Philadelphia. The company also references import and export activity connected to major U.S. ports and has described expansion into Latin America and Vietnam-linked freight relationships, which broadens its operating exposure beyond its core Northeast corridor.

Riskit

The business depends on freight volumes, port throughput, and customer concentration in recycling and import lanes, so demand swings or congestion can quickly affect utilization. It also faces execution risk from equipment availability, driver and contractor costs, and the need to scale new service lines and geographies without disrupting service quality.

Järjestetty vakavuuden mukaan
Freight volume concentration in recycling lanesKorkea

A large share of activity is tied to waste paper and related export commodities.

Kohdistuu: Core Northeast recycling business

Port congestion and turnaround delaysKorkea

The model depends on fast container cycling and same-day delivery windows.

Kohdistuu: Newark and Philadelphia port operations

Customer concentrationKeskitaso

Large waste companies and a limited set of logistics partners can influence volumes.

Kohdistuu: Top customer relationships

Equipment and contractor cost inflationKeskitaso

Costs of revenue include drivers, maintenance, insurance, and rental equipment.

Kohdistuu: Truckload and drayage operations

Expansion and cross-border execution riskKeskitaso

New markets and partnerships require operational coordination and regulatory compliance.

Kohdistuu: Latin America and Vietnam-linked initiatives

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Revenue is booked only when freight reaches final destination, so timing of completed loads matters.

Vaikutus: Quarterly revenue can shift with delivery timing and load mix

Direct cost allocation

Costs of revenue include contractor drivers, insurance, maintenance, and equipment rental.

Vaikutus: Gross margin depends on utilization and operating efficiency

Stock-based compensation

Non-cash equity compensation can materially increase operating expenses.

Vaikutus: Affects comparability of operating loss and cash earnings

IPO and public-company costs

Professional fees and reporting costs can be elevated after going public.

Vaikutus: Can temporarily inflate general and administrative expense

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Toppoint Holdings Inc. (TOPP) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo