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Side-by-side financial comparison of TOP Financial Group Ltd (TOP) and Expion360 Inc. (XPON). Click either name above to swap in a different company.

TOP Financial Group Ltd is the larger business by last-quarter revenue ($2.9M vs $2.2M, roughly 1.3× Expion360 Inc.). TOP Financial Group Ltd runs the higher net margin — 6.6% vs -199.9%, a 206.6% gap on every dollar of revenue.

Sun Life Financial Inc. is a Canadian financial services company headquartered in Toronto, Ontario. Founded in 1865, it operates internationally in life insurance, wealth management, and asset management. As of 2024, the company manages over CAD$1.3 trillion in assets and serves clients in Canada, the United States, Asia, and other markets.

Expion360 Inc. is a provider of high-performance lithium iron phosphate (LFP) battery solutions and supporting energy storage products. Its core customer segments cover recreational vehicle owners, marine users, off-grid lifestyle enthusiasts and residential users across the U.S. market, delivering safe, durable and low-carbon energy storage options.

TOP vs XPON — Head-to-Head

Bigger by revenue
TOP
TOP
1.3× larger
TOP
$2.9M
$2.2M
XPON
Higher net margin
TOP
TOP
206.6% more per $
TOP
6.6%
-199.9%
XPON

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
TOP
TOP
XPON
XPON
Revenue
$2.9M
$2.2M
Net Profit
$190.5K
$-4.4M
Gross Margin
-14.8%
Operating Margin
-234.4%
Net Margin
6.6%
-199.9%
Revenue YoY
11.8%
Net Profit YoY
-1663.2%
EPS (diluted)
$-0.45

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
TOP
TOP
XPON
XPON
Q4 25
$2.2M
Q3 25
$2.9M
$2.4M
Q2 25
$3.0M
Q1 25
$2.0M
Q4 24
$2.0M
Q3 24
$1.4M
Q2 24
$1.3M
Q1 24
$971.9K
Net Profit
TOP
TOP
XPON
XPON
Q4 25
$-4.4M
Q3 25
$190.5K
$722.8K
Q2 25
$-1.4M
Q1 25
$-1.2M
Q4 24
$-251.6K
Q3 24
$-8.8M
Q2 24
$-2.2M
Q1 24
$-2.2M
Gross Margin
TOP
TOP
XPON
XPON
Q4 25
-14.8%
Q3 25
22.7%
Q2 25
20.8%
Q1 25
24.5%
Q4 24
22.1%
Q3 24
12.1%
Q2 24
25.5%
Q1 24
22.9%
Operating Margin
TOP
TOP
XPON
XPON
Q4 25
-234.4%
Q3 25
-125.4%
Q2 25
-45.2%
Q1 25
-56.0%
Q4 24
-59.5%
Q3 24
-138.7%
Q2 24
-131.4%
Q1 24
-202.4%
Net Margin
TOP
TOP
XPON
XPON
Q4 25
-199.9%
Q3 25
6.6%
30.2%
Q2 25
-45.8%
Q1 25
-56.2%
Q4 24
-12.7%
Q3 24
-634.4%
Q2 24
-173.7%
Q1 24
-225.6%
EPS (diluted)
TOP
TOP
XPON
XPON
Q4 25
$-0.45
Q3 25
$0.10
Q2 25
$-0.41
Q1 25
$-0.37
Q4 24
$65.02
Q3 24
$-24.55
Q2 24
$-30.20
Q1 24
$-31.30

Balance Sheet & Financial Strength

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

Metric
TOP
TOP
XPON
XPON
Cash + ST InvestmentsLiquidity on hand
$14.8M
$3.0M
Total DebtLower is stronger
$197.2K
Stockholders' EquityBook value
$35.0M
$6.5M
Total Assets
$64.1M
$8.1M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TOP
TOP
XPON
XPON
Q4 25
$3.0M
Q3 25
$14.8M
$4.3M
Q2 25
$684.9K
Q1 25
$1.1M
Q4 24
$547.6K
Q3 24
$3.3M
Q2 24
$902.3K
Q1 24
$2.3M
Total Debt
TOP
TOP
XPON
XPON
Q4 25
$197.2K
Q3 25
$205.6K
Q2 25
$213.6K
Q1 25
$221.8K
Q4 24
$230.2K
Q3 24
$239.9K
Q2 24
$247.7K
Q1 24
$255.4K
Stockholders' Equity
TOP
TOP
XPON
XPON
Q4 25
$6.5M
Q3 25
$35.0M
$9.0M
Q2 25
$2.1M
Q1 25
$3.2M
Q4 24
$2.5M
Q3 24
$2.5M
Q2 24
$2.5M
Q1 24
$3.7M
Total Assets
TOP
TOP
XPON
XPON
Q4 25
$8.1M
Q3 25
$64.1M
$10.7M
Q2 25
$8.6M
Q1 25
$9.2M
Q4 24
$9.1M
Q3 24
$10.1M
Q2 24
$8.8M
Q1 24
$10.0M
Debt / Equity
TOP
TOP
XPON
XPON
Q4 25
0.03×
Q3 25
0.02×
Q2 25
0.10×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
TOP
TOP
XPON
XPON
Operating Cash FlowLast quarter
$-2.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TOP
TOP
XPON
XPON
Q4 25
$-2.4M
Q3 25
$-2.1M
Q2 25
$-401.0K
Q1 25
$-1.2M
Q4 24
$-2.9M
Q3 24
$-3.2M
Q2 24
$-1.7M
Q1 24
$-1.7M
Free Cash Flow
TOP
TOP
XPON
XPON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-1.7M
FCF Margin
TOP
TOP
XPON
XPON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-173.1%
Capex Intensity
TOP
TOP
XPON
XPON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.1%
Cash Conversion
TOP
TOP
XPON
XPON
Q4 25
Q3 25
-2.90×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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