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
Income Statement — Q1 2026 vs Q4 2025
| Metric | ||
|---|---|---|
| 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.
| 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 | — |
| 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 | — |
| 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% | — |
| 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% | — |
| 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% | — |
| 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 | ||
|---|---|---|
| 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.
| Q1 26 | $561.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $628.6M | — | ||
| Q2 25 | $499.4M | — | ||
| Q1 25 | $592.4M | — | ||
| Q3 24 | $517.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.0M | ||
| Q3 25 | — | $459.4K | ||
| Q2 25 | — | $472.9K | ||
| Q1 25 | — | $149.9K | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $8.6M | ||
| Q3 25 | — | $9.2M | ||
| Q2 25 | — | $9.5M | ||
| Q1 25 | — | $10.1M | ||
| Q3 24 | — | — |
| 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 | — |
| 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 | ||
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | — | $-197.0K | ||
| Q3 25 | — | $-445.0K | ||
| Q2 25 | — | $-255.1K | ||
| Q1 25 | — | $-884.4K | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $-854.5K | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-575.5K | ||
| Q1 25 | — | $-1.6M | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | -20.0% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -14.5% | ||
| Q1 25 | — | -41.4% | ||
| Q3 24 | — | — |
| 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.