TOP Financial (TOP) Beginning Cash Balance (2022 - 2025)
TOP Financial's (TOP) quarterly Beginning Cash Balance came in at $15.2 million in Q3 2025, down 60.79% year-over-year from $38.7 million in Q3 2024, and down 60.79% quarter-over-quarter from $38.7 million in Q3 2024.
Analysis
TOP Financial (TOP) Beginning Cash Balance (2022 - 2025) Analysis & Trends
TOP Financial (TOP) has reported Beginning Cash Balance for 4 consecutive years, with $15.2 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Beginning Cash Balance fell 60.79% year-over-year to $15.2 million in Q3 2025; TTM through Sep 2025 was $15.2 million, a 60.79% decrease from a year earlier, with the FY2023 full-year figure at $8.0 million, changed N/A from the prior year.
- Beginning Cash Balance was $15.2 million for Q3 2025 at TOP Financial, down from $38.7 million in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $38.7 million in Q3 2024 and troughed at $8.0 million in Q3 2022.
- A 4-year average of $17.5 million and a median of $15.2 million in 2025 frame the typical range for Beginning Cash Balance.
- Across the five-year window, Beginning Cash Balance jumped 124.29% in 2023 and slumped 60.79% in 2025, its largest moves.
- Over 4 years, Beginning Cash Balance stood at $8.0 million in 2022, then jumped by 124.29% to $17.8 million in 2023, then jumped by 116.84% to $38.7 million in 2024, then tumbled by 60.79% to $15.2 million in 2025.
- The last three Beginning Cash Balance figures came in at $15.2 million (Q3 2025), $38.7 million (Q3 2024), and $17.8 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 15.17 Mn |
| Sep 30, 2024 | 38.70 Mn |
| Sep 30, 2023 | 17.85 Mn |
| Mar 31, 2023 | 7.96 Mn |
| Sep 30, 2022 | 7.96 Mn |