Cambodia-based brokerage offering forex and CFD trading services to retail and institutional clients.
Cambodia-based brokerage offering forex and CFD trading services to retail and institutional clients.
Earns commissions and trading spreads, the gap between buy and sell quotes, on forex and CFD trades (contracts for difference, bets on price moves without owning the asset) placed by clients. Income therefore rises and falls with client trading activity.
Moat: none (regulatory licence). Retail forex/CFD brokerage is a competitive, commoditized business differentiated mainly by licensing and spreads.
Headquarters: Phnom Penh, Cambodia · Founded: 2022 · Employees: 30
Size TOP Financial (TOP) is a United States Financials company (Investment Banks/Brokers) with a market value of $1.64B, the 1927th largest of 3,117 United States companies the cockpit tracks. Shares closed at $2.06 on 6 Nov 2026.
Performance Over six months the shares gained 92.5%, against -12.8% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue fell 41.2% over the last twelve months (peer median +36.0%); the operating margin is -14.3% (peer median 34.4%).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.72M | $4.72M | $3.33M | $8.04M | $9.70M |
| Revenue growth | — | +42% | -59% | -17% | — |
| Gross profit | $3.34M | $2.92M | $1.82M | $5.57M | $6.76M |
| EBITDA | -$641,970 | -$216,320 | -$5.39M | $1.13M | $3.55M |
| Net income | -$1.17M | -$1.17M | -$5.97M | $1.05M | $3.40M |
| Free cash flow | $13.4M | $13.4M | -$14.9M | $16.1M | -$4.66M |
| Capital expenditure | $899,500 | $899,500 | $3,234 | $6,063 | $86,443 |
| Total debt | $1.91M | $2.22M | $270,866 | $64,826 | $150,139 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| TOP Financial TOP | $1.64B | +93% | -41% | -14% | n/a | n/a |
| Plus500 PLUS.L | $3.12B | -26% | +3% | 41% | n/a | n/a |
| IG Group Holdings plc IGG.L | $4.23B | -38% | +16% | 40% | n/a | n/a |
| XTB Spolka Akcyjna XTB.WA | $3.98B | +22% | +63% | 48% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TOP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.6% | -7.7% | 2nd highest of 21 |
| 6-month return | +92.5% | -12.8% | highest of 21 |
| Distance from 52-week high | -38.1% | -33.6% | 9th lowest of 21 |
| Revenue growth (TTM) | -41.2% | +36.0% | 2nd lowest of 21 |
| Operating margin | -14.3% | 34.4% | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| TOP Financial TOP | United States | $1.64B | +93% | -41% | -14% | n/a | n/a | n/a |
| GoFintech Quantum Innovation 0290.HK | Hong Kong | $1.62B | -82% | +108% | 26% | n/a | n/a | n/a |
| Matsui Securities 8628.T | Japan | $1.61B | +7% | +47% | 47% | n/a | n/a | n/a |
| Polaris Bay 600155.SS | China | $1.74B | -14% | -4% | 5% | n/a | n/a | n/a |
| IBF Financial 2889.TW | Taiwan | $1.75B | +9% | +66% | 58% | n/a | n/a | n/a |
| AMTD IDEA Group Sponsored ADR AMTD | United States | $1.50B | -52% | +14% | 27% | n/a | n/a | n/a |
| Nanhua Futures 603093.SS | China | $1.80B | -11% | -28% | 47% | n/a | n/a | n/a |
| Shanghai Chinafortune 600621.SS | China | $1.97B | -12% | -5% | 25% | n/a | n/a | n/a |
| Okasan Securities 8609.T | Japan | $1.33B | +5% | +36% | 29% | n/a | n/a | n/a |
| Capital Securities 6005.TW | Taiwan | $2.04B | -7% | +81% | 46% | n/a | n/a | n/a |
| Metaplanet 3350.T | Japan | $2.05B | -27% | +290% | 62% | n/a | n/a | n/a |
| JSW JSWHL.NS | India | $1.29B | -16% | +55% | 94% | n/a | n/a | n/a |
| Bright Smart Securities & Commodities 1428.HK | Hong Kong | $1.28B | -51% | -2% | 67% | n/a | n/a | n/a |
| Nihon M&A Center 2127.T | Japan | $1.28B | -7% | +5% | 36% | n/a | n/a | n/a |
| Edelweiss Financial Services EDELWEISS.NS | India | $1.28B | +6% | +16% | 11% | n/a | n/a | n/a |
| Central China Securities 1375.HK | Hong Kong | $2.18B | -27% | +41% | 33% | n/a | n/a | n/a |
| Ruida Futures 002961.SZ | China | $1.22B | -21% | -51% | 82% | n/a | n/a | n/a |
| OSL 0863.HK | Hong Kong | $1.19B | -20% | +12,274% | -2% | n/a | n/a | n/a |
| IIFL Capital Services IIFLCAPS.NS | India | $1.17B | 0% | +8% | 25% | n/a | n/a | n/a |
| President Securities 2855.TW | Taiwan | $2.34B | +24% | +796% | 32% | n/a | n/a | n/a |
| UOB-Kay Hian U10.SI | Singapore | $2.36B | -29% | +36% | 42% | n/a | n/a | n/a |