Toppoint Holdings Inc. Reports Second Quarter 2025 Results; Import and Metal Expands
Toppoint Holdings Inc. (NYSE American: TOPP) reported its Q2 2025 financial results, with revenue declining to $3.97 million compared to $4.70 million in Q2 2024. The company's waste paper segment remains dominant, contributing 52.5% of Q2 revenue and 63.8% of total loads.
Key segment performance includes: Paper revenue at $2.08M (-23.2% YoY), Import revenue at $1.23M (-16.2% YoY), and notably strong performance in Metal revenue at $467,353 (+38.0% YoY). The company established Topp Metals Inc. on June 4, 2025, to support growth in scrap metals logistics.
Year-to-date revenue reached $7.78 million, with total loads at 10,836 compared to 11,517 in the same period in 2024. The company continues to invest in fleet capacity and operational systems while maintaining cost discipline.
Toppoint Holdings Inc. (NYSE American: TOPP) ha comunicato i risultati finanziari del Q2 2025: i ricavi sono scesi a $3.97 million rispetto a $4.70 million nel Q2 2024. Il segmento della carta da macero rimane dominante, contribuendo per il 52.5% dei ricavi del trimestre e per il 63.8% dei carichi totali.
Le performance chiave per segmento includono: ricavi carta $2.08M (-23.2% anno su anno), ricavi import $1.23M (-16.2% anno su anno) e una performance particolarmente solida dei metalli con ricavi a $467,353 (+38.0% anno su anno). La societ脿 ha costituito Topp Metals Inc. il 4 giugno 2025 per supportare la crescita nella logistica dei rottami metallici.
I ricavi da inizio anno hanno raggiunto $7.78 million, con carichi totali pari a 10,836 rispetto a 11,517 nello stesso periodo del 2024. L'azienda continua a investire nella capacit脿 della flotta e nei sistemi operativi, mantenendo al contempo disciplina sui costi.
Toppoint Holdings Inc. (NYSE American: TOPP) inform贸 sus resultados del Q2 2025: los ingresos bajaron a $3.97 million frente a $4.70 million en el Q2 2024. El segmento de papel recuperado sigue siendo el predominante, aportando el 52.5% de los ingresos del trimestre y el 63.8% de las cargas totales.
El rendimiento clave por segmentos incluye: ingresos por papel $2.08M (-23.2% interanual), ingresos por importaciones $1.23M (-16.2% interanual) y un desempe帽o notable en metales con ingresos de $467,353 (+38.0% interanual). La compa帽铆a constituy贸 Topp Metals Inc. el 4 de junio de 2025 para apoyar el crecimiento en la log铆stica de chatarra met谩lica.
Los ingresos acumulados en el a帽o alcanzaron $7.78 million, con cargas totales de 10,836 frente a 11,517 en el mismo periodo de 2024. La empresa sigue invirtiendo en capacidad de flota y sistemas operativos, manteniendo disciplina en los costos.
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Toppoint Holdings Inc. (NYSE American: TOPP) a publi茅 ses r茅sultats du T2 2025 : le chiffre d'affaires a diminu茅 脿 $3.97 million contre $4.70 million au T2 2024. Le segment des papiers usag茅s reste dominant, repr茅sentant 52.5% des revenus du trimestre et 63.8% des chargements totaux.
Les performances par segment incluent : revenus papier $2.08M (-23.2% en glissement annuel), revenus importations $1.23M (-16.2% en glissement annuel) et une performance notable des m茅taux avec des revenus 脿 $467,353 (+38.0% en glissement annuel). La soci茅t茅 a cr茅茅 Topp Metals Inc. le 4 juin 2025 pour soutenir la croissance de la logistique des ferrailles.
Les revenus cumul茅s depuis le d茅but de l'ann茅e ont atteint $7.78 million, avec 10 836 chargements totaux contre 11 517 sur la m锚me p茅riode en 2024. L'entreprise continue d'investir dans la capacit茅 de sa flotte et ses syst猫mes op茅rationnels tout en maintenant une discipline sur les co没ts.
Toppoint Holdings Inc. (NYSE American: TOPP) meldete seine Finanzergebnisse f眉r das 2. Quartal 2025: Der Umsatz ging auf $3.97 million zur眉ck gegen眉ber $4.70 million im Q2 2024. Das Altpapiersegment bleibt dominant und tr盲gt 52.5% des Quartalsumsatzes sowie 63.8% der Gesamtladungen bei.
Wesentliche Segmentleistungen umfassen: Papierumsatz $2.08M (-23.2% im Jahresvergleich), Importumsatz $1.23M (-16.2% im Jahresvergleich) und besonders starke Metallums盲tze in H枚he von $467,353 (+38.0% im Jahresvergleich). Das Unternehmen gr眉ndete am 4. Juni 2025 Topp Metals Inc., um das Wachstum in der Schrottmetalllogistik zu unterst眉tzen.
Der Umsatz seit Jahresbeginn belief sich auf $7.78 million, die Gesamtladungen lagen bei 10.836 gegen眉ber 11.517 im gleichen Zeitraum 2024. Das Unternehmen investiert weiterhin in Flottenkapazit盲ten und operative Systeme und h盲lt dabei an disziplinierter Kostenf眉hrung fest.
- Metal segment showed strong growth with +38.0% YoY revenue increase in Q2
- Import segment maintained positive YTD growth at +1.0%
- Strategic expansion with establishment of Topp Metals Inc.
- Continued investment in equipment and technology infrastructure
- Maintained solid balance sheet while investing in growth
- Overall Q2 revenue declined 15.5% YoY to $3.97M
- Core paper segment revenue dropped 23.2% YoY in Q2
- Total loads decreased from 11,517 to 10,836 YTD
- Plastic segment showed significant decline of 39.6% YoY in Q2
Insights
Toppoint's Q2 shows declining revenue with bright spots in metals growth amid overall volume contraction in their recycling logistics business.
Toppoint Holdings' Q2 results reveal a company in transition, with revenue declining 15.5% year-over-year to
Looking deeper at the commodity mix, there are notable bright spots. The metals segment demonstrated robust
The import business remains substantial at
Volume metrics raise concerns, with total loads declining from 11,517 to 10,836 in the first half of 2025 compared to 2024. This
Management's commentary focuses on service reliability and operational discipline, with mentioned investments in equipment and technology. The lack of profitability metrics or margin discussion is notable. The reference to "normalization from 2024's atypical Q2 environment" suggests that year-over-year comparisons may be against unusually strong prior-year results, possibly explaining some of the revenue decline.
Waste paper remains the largest revenue and volume driver; imports and metals continue to scale
North Wales, PA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (NYSE American: TOPP) (鈥淭oppoint鈥� or the 鈥淐ompany鈥�), a truckload services and logistics provider focused on the recycling export supply chain, today announced financial results for the second quarter ended June 30, 2025.
Second Quarter 2025 Highlights
- Revenue:
$3.97 million (Q2鈥�25) vs.$4.70 million (蚕2鈥�24). - Commodity momentum: metals grew strongly year-over-year; imports remained a core contributor with year-to-date growth.
鈥淲aste paper remains a deep rooted revenue stream of our Company by both revenue and loads,鈥� said Hok C. Chan, Chief Executive Officer. 鈥淚n Q2, paper contributed more than half of total revenue and roughly two鈥憈hirds of loads. We continue to prioritize service reliability, turn times, and lane density of the ports to enable growth of our export customers while we scale imports and metals.鈥�
鈥淚mports and metals continued to build share, and add revenue throughout the route. We maintained a disciplined cost posture,鈥� added John Feliciano III, Chief Financial Officer. 鈥淭he balance sheet remains solid, and we are investing in equipment and technology to support execution in our core commodities.鈥�
Waste Paper Focus
Paper revenue was
Commodity Detail (Q2 and Year-to-Date)
- Paper:
$2,082,560 in Q2鈥�25 (-23.2% YoY), mix52.5% 鈥�$4,670,575 YTD (-14.4% YoY), mix60.0% . - Import:
$1,231,751 in Q2鈥�25 (-16.2% YoY), mix31.0% 鈥�$2,102,465 YTD (+1.0% YoY), mix27.0% . - Metal:
$467,353 in Q2鈥�25 (+38.0% YoY), mix11.8% 鈥�$680,996 YTD (+23.8% YoY), mix8.8% . - Log:
$130,605 in Q2鈥�25 (+53.5% YoY), mix3.3% 鈥�$214,053 YTD (+32.7% YoY), mix2.8% . - Plastic:
$56,655 in Q2鈥�25 (-39.6% YoY), mix1.4% 鈥�$112,445 YTD (-37.1% YoY), mix1.4% .
Mix & Volume Metrics (Year-to-Date)
Loads: 10,836 in the first half of 2025 vs. 11,517 in same period in 2024. Mix by category (YTD25): Waste paper
Strategic & Operational Updates
- Metals platform: Topp Metals Inc. established on June 4, 2025 to support growth opportunities in scrap metals logistics.
- Equipment & technology: Continued investments to enhance fleet capacity and operational systems to serve core commodities.
Second Quarter & Year-to-Date Results
Q2 revenue was
About Toppoint
Toppoint provides truckload services and logistics solutions focused on the recycling export supply chain, serving regional markets anchored by the Ports of Newark, NJ and Philadelphia, PA, with additional activity in Tampa and Miami, FL. The Company鈥檚 commodity portfolio includes waste paper, scrap metal, logs, plastic, and import containers. 聽For additional information, please go to聽.
Forward-Looking Statements
Certain statements in this press release are 鈥渇orward-looking statements鈥� as defined under the federal securities laws. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company鈥檚 current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as 鈥渂elieve,鈥� 鈥減lan,鈥� 鈥渆xpect,鈥� 鈥渋ntend,鈥� 鈥渟hould,鈥� 鈥渟eek,鈥� 鈥渆stimate鈥�, 鈥渨ill鈥�, 鈥渁im鈥� and 鈥渁nticipate鈥�, or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company鈥檚 filings with the Securities and Exchange Commission available at .
Investor Contact
Toppoint Holdings Inc.
1250 Kenas Road, North Wales, PA 19454
Tel: (551) 866-1320
FAQ
What was Toppoint Holdings (TOPP) revenue in Q2 2025?
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What was the performance of TOPP's metal segment in Q2 2025?
When did Toppoint Holdings establish Topp Metals Inc.?
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