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Side-by-side financial comparison of TOP Financial Group Ltd (TOP) and XTI Aerospace, Inc. (XTIA). 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 $2.5M, roughly 1.2× XTI Aerospace, Inc.). TOP Financial Group Ltd runs the higher net margin — 6.6% vs -541.3%, a 547.9% 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.

Nextant Aerospace is a United States–based company specializing in the remanufacturing of business jets. Founded in 2007, Nextant is the first company to introduce the concept of aircraft remanufacturing to the business jet market.

TOP vs XTIA — Head-to-Head

Bigger by revenue
TOP
TOP
1.2× larger
TOP
$2.9M
$2.5M
XTIA
Higher net margin
TOP
TOP
547.9% more per $
TOP
6.6%
-541.3%
XTIA

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
TOP
TOP
XTIA
XTIA
Revenue
$2.9M
$2.5M
Net Profit
$190.5K
$-13.4M
Gross Margin
43.4%
Operating Margin
-596.2%
Net Margin
6.6%
-541.3%
Revenue YoY
170.6%
Net Profit YoY
-203.2%
EPS (diluted)
$-0.61

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
XTIA
XTIA
Q3 25
$2.9M
$2.5M
Q2 25
$600.0K
Q1 25
$484.0K
Q4 24
$1.0M
Q3 24
$918.0K
Q2 24
$1.0M
Net Profit
TOP
TOP
XTIA
XTIA
Q3 25
$190.5K
$-13.4M
Q2 25
$-20.9M
Q1 25
$-12.9M
Q4 24
Q3 24
$-4.4M
Q2 24
$-14.7M
Gross Margin
TOP
TOP
XTIA
XTIA
Q3 25
43.4%
Q2 25
80.5%
Q1 25
69.2%
Q4 24
54.7%
Q3 24
56.6%
Q2 24
64.2%
Operating Margin
TOP
TOP
XTIA
XTIA
Q3 25
-596.2%
Q2 25
-1855.0%
Q1 25
-2149.2%
Q4 24
Q3 24
-459.3%
Q2 24
-1350.8%
Net Margin
TOP
TOP
XTIA
XTIA
Q3 25
6.6%
-541.3%
Q2 25
-3476.3%
Q1 25
-2659.5%
Q4 24
Q3 24
-483.1%
Q2 24
-1426.8%
EPS (diluted)
TOP
TOP
XTIA
XTIA
Q3 25
$-0.61
Q2 25
$-2.93
Q1 25
$-3.80
Q4 24
Q3 24
$-33.40
Q2 24
$-261.99

Balance Sheet & Financial Strength

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

Metric
TOP
TOP
XTIA
XTIA
Cash + ST InvestmentsLiquidity on hand
$14.8M
$32.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.0M
$10.5M
Total Assets
$64.1M
$47.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TOP
TOP
XTIA
XTIA
Q3 25
$14.8M
$32.2M
Q2 25
$20.0M
Q1 25
$8.0M
Q4 24
$4.0M
Q3 24
$511.0K
Q2 24
$5.8M
Total Debt
TOP
TOP
XTIA
XTIA
Q3 25
Q2 25
$65.0K
Q1 25
$65.0K
Q4 24
$65.0K
Q3 24
Q2 24
Stockholders' Equity
TOP
TOP
XTIA
XTIA
Q3 25
$35.0M
$10.5M
Q2 25
$12.4M
Q1 25
$13.9M
Q4 24
$6.6M
Q3 24
$6.9M
Q2 24
$10.6M
Total Assets
TOP
TOP
XTIA
XTIA
Q3 25
$64.1M
$47.9M
Q2 25
$35.4M
Q1 25
$27.1M
Q4 24
$24.3M
Q3 24
$29.3M
Q2 24
$34.0M
Debt / Equity
TOP
TOP
XTIA
XTIA
Q3 25
Q2 25
0.01×
Q1 25
0.00×
Q4 24
0.01×
Q3 24
Q2 24

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
XTIA
XTIA
Operating Cash FlowLast quarter
$-8.4M
Free Cash FlowOCF − Capex
$-8.4M
FCF MarginFCF / Revenue
-338.0%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-52.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TOP
TOP
XTIA
XTIA
Q3 25
$-8.4M
Q2 25
$-6.7M
Q1 25
$-15.2M
Q4 24
$-22.3M
Q3 24
$-6.1M
Q2 24
$-5.6M
Free Cash Flow
TOP
TOP
XTIA
XTIA
Q3 25
$-8.4M
Q2 25
$-6.8M
Q1 25
$-15.3M
Q4 24
$-22.4M
Q3 24
$-6.2M
Q2 24
$-5.7M
FCF Margin
TOP
TOP
XTIA
XTIA
Q3 25
-338.0%
Q2 25
-1133.2%
Q1 25
-3158.5%
Q4 24
-2166.0%
Q3 24
-670.0%
Q2 24
-548.0%
Capex Intensity
TOP
TOP
XTIA
XTIA
Q3 25
0.9%
Q2 25
9.7%
Q1 25
9.3%
Q4 24
6.6%
Q3 24
3.9%
Q2 24
1.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

TOP
TOP

Segment breakdown not available.

XTIA
XTIA

Short Term Contract With Customer$2.1M85%
Other$374.0K15%

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