profit from every $100 of sales.
$0$100
TOP Financial Group
$14.69-7.03% today
+164.7% in 1 year
1-year low $3.111-year high $16.73
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What TOP Financial Group sold, what it kept, and what it did with the cash.
Sales went from $7.82 million in 2022 to $3.33 million in 2025, with -$5.97 million of profit last year.
SalesProfit
TOP Financial Group vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| TOP Financial Group | No profit yet | ||
 Raymond James Financial | 15.1× · Fair price | ||
 Tradeweb Markets | 34.8× · Expensive | ||
 Nomura Holdings | 12.9× · Cheap | ||
 LPL Financial Holdings | 27.8× · Fair price |
AI analysis
An AI analyst reads TOP Financial Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 8 | 10 | 8 | 3 | |
| 5 | 6 | 4 | 0 | |
| 4 | 3 | 1 | -6 | |
| 4 | 4 | 1 | -5 | |
| 3 | 3 | 1 | -6 | |
| 0.10 | 0.10 | 0.03 | -0.16 | |
| 57.9% | 60.5% | 54.1% | 7.4% | |
| 45.8% | 35.4% | 12.3% | -167.2% | |
| 44.6% | 35.0% | 13.1% | -179.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 14 | 40 | 58 | 47 |
| Cash | 6 | 16 | 26 | 12 |
| Total debt | 0 | 0 | 0 | 0 |
| Total liabilities | 4 | 4 | 17 | 12 |
| 10 | 36 | 41 | 35 | |
| 35 | 34 | 32 | 37 | |
| 27.1% | 7.5% | 1.9% | -12.5% | |
| 34.2% | 9.5% | 2.6% | -17.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2 | -6 | 18 | -14 | |
| 0 | 0 | 0 | 0 | |
| 1 | -6 | 18 | -14 | |
| Dividends paid | 0 | 0 | – | – |
| – | – | – | – | |
| 0 | 0 | 0 | 0 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- –
- –
- 0.8×
- 545.8×
- -0.3%
- 0.0%
Profitability
- -179.3%
- -16.9%
- 20.6%
- -15.3%
- -8.3%
Growth
- −24.8%
- –
- –
- +0.9%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 749
Bottom 1%of 603
Bottom 6%of 884
Bottom 21%of 933
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Nov 12, 2025 | 0.01 | – | – |
| Mar 31, 2025 | -0.15 | – | – |
| Sep 30, 2024 | -0.01 | – | – |
| Jun 21, 2024 | -0.07 | – | – |
| Sep 30, 2023 | 0.10 | – | – |
| Sep 30, 2022 | 0.05 | – | – |
| Aug 17, 2022 | 0.09 | – | – |
| Sep 30, 2021 | 0.03 | – | – |
News
E-L Financial Corporation Limited PFD 1ST SER 3 declares CAD 0.3438 dividendSeeking Alpha · Nov 11, 2026E-L Financial Corporation Limited PFD 1ST SER 1 declares CAD 0.3312 dividendSeeking Alpha · Nov 11, 2026E-L Financial declares CAD 0.04 dividendSeeking Alpha · Nov 11, 2026E-L Financial Corporation Limited PFD 4.75% SR 2 declares CAD 0.2968 dividendSeeking Alpha · Nov 11, 2026CoreWeave Earnings, Revenue Top Views. Cash Burn Less Than Expected.Yahoo Finance · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
40No pass
Benjamin Graham
63Pass
Philip Fisher
44No pass
Peter Lynch
30No pass
Joel Greenblatt
2No pass
Charlie Munger
50No pass
Terry Smith
48No pass
Questions about TOP Financial Group
Is TOP Financial Group a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the TOP Financial Group AI analysis
What does TOP Financial Group do?
TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. It is in Financial - Capital Markets.
Does TOP Financial Group pay a dividend?
No. TOP Financial Group does not pay a dividend at the moment.
Is TOP Financial Group stock halal?
Yes. TOP Financial Group passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has TOP Financial Group stock done over the past year?
Up 164.7% over the past twelve months, to $14.69. It traded between $3.11 and $16.73 and is 12.2% below its high.
Who are TOP Financial Group's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with TOP Financial Group's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.