Toppoint (TOPP) investor relations material

Executive summary

• Revenue increased 17% year-over-year to $4.64 million for Q2 2026, driven by expansion into new markets and higher-value import and metal revenues.

• Net loss narrowed to $306,711 for Q2 2026 from $1.53 million in Q2 2025, primarily due to reduced general and administrative expenses.

• Gross profit margin improved to 8% in Q2 2026 from -0.7% in Q2 2025, reflecting better pricing and operational efficiency.

• General and administrative expenses declined 54% year-over-year, supporting improved profitability.

• Completed a $4.15 million private placement, ending the quarter with $4.7 million in cash.

Financial highlights

• Q2 2026 revenue: $4,640,068 (up 17% year-over-year); six-month revenue: $8,747,011 (up 12%).

• Q2 2026 net loss: $306,711; six-month net loss: $960,443 (improved from $2.06 million loss in prior year period).

• Gross profit for Q2 2026: $377,517 (margin 8%); six-month gross profit: $210,404 (margin 2.4%).

• Cash balance as of June 30, 2026: $4,698,480; working capital: $7.38 million.

• General and administrative expenses decreased 54% year-over-year in Q2 2026, mainly due to lower professional fees and absence of prior year stock-based compensation.

Outlook and guidance

• Management expects continued growth from new market entries and expanded client relationships, particularly in import and metal verticals.

• The company is exploring further international expansion, including Latin America.

• Continued focus on equipment strategy and AI-enabled logistics software to improve efficiency.

• Additional cash resources may be required for future growth and business plan implementation; currently no firm commitments from lenders or investors.