InsiderClue
Stocks · Financials · Security & Commodity Brokers, Dealers, Exchanges & Services

TOP Financial Group Ltd

TOP Clue Score33
United States Fiscal year ends March CIK 0001848275
$14.92 -4.73% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $14.92 +993.04% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 22 Oct 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue16.5Net income2.5EPS, diluted0.08Fiscal year 2021Revenue16.9 +2.5%Net income5.0 +98.7%EPS, diluted0.17 +112.5%Fiscal year 2022Revenue7.8 −53.7%Net income3.5 −30.8%EPS, diluted0.12 −29.4%Fiscal year 2023Revenue9.7 +24.0%Net income3.4 −2.7%EPS, diluted0.10 −16.7%Fiscal year 2024Revenue8.0 −17.1%Net income1.1 −69.1%EPS, diluted0.03 −70.0%Fiscal year 2025Revenue3.3 −58.6%Operating income−5.8Net income−6.0 −667.7%EPS, diluted−0.16 −633.3%Fiscal year 2026Revenue4.7 +41.9%Operating income−1.2Net income−1.2EPS, diluted−0.03
FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 16.5 16.9 7.8 9.7 8.0 3.3 4.7
Growth +2.5% −53.7% +24.0% −17.1% −58.6% +41.9%
Operating income n/a n/a n/a n/a n/a −5.8 −1.2
Net income 2.5 5.0 3.5 3.4 1.1 −6.0 −1.2
Growth +98.7% −30.8% −2.7% −69.1% −667.7%
EPS, diluted 0.08 0.17 0.12 0.10 0.03 −0.16 −0.03
Growth +112.5% −29.4% −16.7% −70.0% −633.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2020Net margin15.4%Fiscal year 2021Net margin29.8%Fiscal year 2022Net margin44.6%Fiscal year 2023Net margin35.0%Free cash flow margin−63.1%Fiscal year 2024Net margin13.1%Free cash flow margin220.9%Fiscal year 2025Operating margin−174.9%Net margin−179.3%Free cash flow margin−434.8%Fiscal year 2026Operating margin−24.9%Net margin−24.8%Free cash flow margin277.8%
FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating margin n/a n/a n/a n/a n/a −174.9% −24.9%
Net margin 15.4% 29.8% 44.6% 35.0% 13.1% −179.3% −24.8%
Free cash flow margin n/a n/a n/a −63.1% 220.9% −434.8% 277.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow−0.9Fiscal year 2021Operating cash flow4.3Dividends paid−5.2Fiscal year 2022Operating cash flow1.6Fiscal year 2023Operating cash flow−6.0Capital expenditure−0.1Free cash flow−6.1Fiscal year 2024Operating cash flow17.8Capital expenditure−0.0Free cash flow17.8Fiscal year 2025Operating cash flow−14.5Capital expenditure−0.0Free cash flow−14.5 −181.5%Fiscal year 2026Operating cash flow14.0Capital expenditure−0.9Free cash flow13.1
FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow −0.9 4.3 1.6 −6.0 17.8 −14.5 14.0
Capital expenditure n/a n/a n/a −0.1 −0.0 −0.0 −0.9
Free cash flow n/a n/a n/a −6.1 17.8 −14.5 13.1
Growth −181.5%
Dividends paid n/a −5.2 n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2020Cash3.6Shareholders’ equity6.4Fiscal year 2021Cash4.9Shareholders’ equity6.8Fiscal year 2022Cash6.2Shareholders’ equity10.2Fiscal year 2023Cash16.0Shareholders’ equity36.0Fiscal year 2024Cash25.9Shareholders’ equity40.5Fiscal year 2025Cash12.2Shareholders’ equity34.9Fiscal year 2026Cash13.0Shareholders’ equity33.9
FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 3.6 4.9 6.2 16.0 25.9 12.2 13.0
Shareholders’ equity 6.4 6.8 10.2 36.0 40.5 34.9 33.9

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Operations
−0.9 4.3 1.6 −6.0 17.8 −14.5 14.0
Growth −63.4% −480.6% −181.5%
Investment
n/a n/a n/a −0.1 −0.0 −0.0 −0.9
calc n/a n/a n/a −6.1 17.8 −14.5 13.1
Growth −181.5%
calc n/a n/a n/a −0.18 0.55 −0.39 0.35
n/a −0.0 −0.4 −6.5 −1.3 −9.4 1.3
Financing
−0.6 −2.3 n/a 22.5 4.4 n/a 1.0
n/a −5.2 n/a n/a n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.