Top Financial Group Limited TOP

Q2 FY2027 · ended Sep 30, 2026 · Revenue $707,623, +15.6% YoY · Filed Oct 28, 2026

Top Financial Group Limited (TOP) files with the SEC under industry code 6200, Security & Commodity Brokers, Dealers, Exchanges & Services. In Q2 of fiscal 2027, the quarter ended Sep 30, 2026, it reported revenue of $707,623 and net income of $274,262. Free cash flow was -$8.4 million. As of Sep 30, 2026 it held $12.0 million in cash and investments and $1.3 million in total debt.

Revenue
$707,623
+15.6% vs prior quarter
Net income
$274,262
+341.8% vs prior quarter
Operating cash flow
$-8.42M
-239.5% vs prior quarter
Free cash flow
$-8.43M
-239.7% vs prior quarter
EPS
$0.00
+100.0% vs prior quarter
Dividend per share
None
Shares outstanding
37.04M
+0.1% vs year-ago quarter
Net cash
$10.77M
Q2 FY2027
Operating margin
38.8%
Q2 FY2027

Company profile

Industry
Security & Commodity Brokers, Dealers, Exchanges & Services (SIC 6200)
Listed as
TOP (Nasdaq)
Fiscal year ends
March 31
Incorporated in
Cayman Islands
Headquarters
Houston, TX
SEC filer status
, Emerging growth company
SEC CIK
1848275
Former names
Zhong Yang Financial Group Ltd (until Jul 13, 2022)

Other Security & Commodity Brokers, Dealers, Exchanges & Services companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q2 FY2027
Sep 30, 2026
Q1 FY2027
Jun 30, 2026
Revenue
$707,623
$612,271
Operating income
$274,346
-$386,954
Net income
$274,262
-$113,433
Diluted EPS
$0.00
-$0.02
Operating cash flow
-$8.4M
$6.0M
Free cash flow
-$8.4M
$6.0M
Total assets
$171.6M
$158.4M
Total liabilities
$54.2M
$121.4M
Stockholders' equity
$117.0M
$36.7M
Cash and investments
$12.0M
$13.6M
Total debt
$1.3M
$1.4M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Regulation FD disclosure
Nov 3, 2026 Nov 3, 2026
10-Q Quarterly report Oct 28, 2026 Sep 30, 2026
8-K Current report
Regulation FD disclosure
Oct 16, 2026 Oct 16, 2026
8-K Current report
Regulation FD disclosure
Oct 14, 2026 Oct 14, 2026
8-K Current report
Officer or director change
Oct 9, 2026 Oct 8, 2026
8-K Current report
Officer or director change
Sep 29, 2026 Sep 25, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.