vs

Side-by-side financial comparison of BingEx Ltd (FLX) and Toppoint Holdings Inc. (TOPP). Click either name above to swap in a different company.

BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $4.3M, roughly 33.5× Toppoint Holdings Inc.). BingEx Ltd runs the higher net margin — 2.2% vs -26.6%, a 28.9% gap on every dollar of revenue.

FLX vs TOPP — Head-to-Head

Bigger by revenue
FLX
FLX
33.5× larger
FLX
$143.2M
$4.3M
TOPP
Higher net margin
FLX
FLX
28.9% more per $
FLX
2.2%
-26.6%
TOPP

Income Statement — Q1 2026 vs Q4 2025

Metric
FLX
FLX
TOPP
TOPP
Revenue
$143.2M
$4.3M
Net Profit
$3.2M
$-1.1M
Gross Margin
10.8%
Operating Margin
-26.9%
Net Margin
2.2%
-26.6%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLX
FLX
TOPP
TOPP
Q1 26
$143.2M
Q4 25
$4.3M
Q3 25
$141.2M
$4.5M
Q2 25
$143.0M
$4.0M
Q1 25
$141.0M
$3.8M
Q3 24
$164.6M
Net Profit
FLX
FLX
TOPP
TOPP
Q1 26
$3.2M
Q4 25
$-1.1M
Q3 25
$6.1M
$-4.1M
Q2 25
$7.5M
$-1.5M
Q1 25
$27.6M
$-528.5K
Q3 24
$3.4M
Gross Margin
FLX
FLX
TOPP
TOPP
Q1 26
10.8%
Q4 25
Q3 25
11.1%
30.5%
Q2 25
12.0%
11.5%
Q1 25
10.0%
13.1%
Q3 24
11.3%
Operating Margin
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
-26.9%
Q3 25
1.4%
-94.1%
Q2 25
1.9%
-40.0%
Q1 25
-10.7%
Q3 24
4.0%
Net Margin
FLX
FLX
TOPP
TOPP
Q1 26
2.2%
Q4 25
-26.6%
Q3 25
4.4%
-92.3%
Q2 25
5.2%
-38.6%
Q1 25
19.6%
-13.9%
Q3 24
2.1%
EPS (diluted)
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
$-0.06
Q3 25
$-0.23
Q2 25
$-0.09
Q1 25
$-0.03
Q3 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLX
FLX
TOPP
TOPP
Cash + ST InvestmentsLiquidity on hand
$561.1M
Total DebtLower is stronger
$1.0M
Stockholders' EquityBook value
$8.6M
Total Assets
$1.3B
$11.0M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLX
FLX
TOPP
TOPP
Q1 26
$561.1M
Q4 25
Q3 25
$628.6M
Q2 25
$499.4M
Q1 25
$592.4M
Q3 24
$517.4M
Total Debt
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
$1.0M
Q3 25
$459.4K
Q2 25
$472.9K
Q1 25
$149.9K
Q3 24
Stockholders' Equity
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
$8.6M
Q3 25
$9.2M
Q2 25
$9.5M
Q1 25
$10.1M
Q3 24
Total Assets
FLX
FLX
TOPP
TOPP
Q1 26
$1.3B
Q4 25
$11.0M
Q3 25
$1.3B
$10.7M
Q2 25
$1.2B
$12.3M
Q1 25
$1.2B
$12.5M
Q3 24
$926.8M
Debt / Equity
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
0.12×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.01×
Q3 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLX
FLX
TOPP
TOPP
Operating Cash FlowLast quarter
$-197.0K
Free Cash FlowOCF − Capex
$-854.5K
FCF MarginFCF / Revenue
-20.0%
Capex IntensityCapex / Revenue
15.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
$-197.0K
Q3 25
$-445.0K
Q2 25
$-255.1K
Q1 25
$-884.4K
Q3 24
Free Cash Flow
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
$-854.5K
Q3 25
Q2 25
$-575.5K
Q1 25
$-1.6M
Q3 24
FCF Margin
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
-20.0%
Q3 25
Q2 25
-14.5%
Q1 25
-41.4%
Q3 24
Capex Intensity
FLX
FLX
TOPP
TOPP
Q1 26
Q4 25
15.4%
Q3 25
0.0%
Q2 25
8.1%
Q1 25
18.2%
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons