Toppoint Holdings Inc. Reports Q2 2025 Results: Focus on Import and Metal Expansion

North Wales, PA, Aug. 14, 2025 — Toppoint Holdings Inc. (NYSE American: TOPP), a key player in the truckload services and logistics sector focused on the recycling export supply chain, has released its financial results for the second quarter of 2025. The company, known for its diverse portfolio in waste paper products, waste metal, and forestry, continues to navigate the challenges and opportunities within the industrials sector.

Financial Overview

For the second quarter ended June 30, 2025, Toppoint reported a revenue of $3.97 million, marking a decrease from $4.70 million in the same period of 2024. Despite the decline, the company highlighted significant growth in its metals segment, which saw a robust year-over-year increase of 38.0%, bringing in $467,353. This growth is part of a strategic expansion into the scrap metals logistics, underscored by the establishment of Topp Metals Inc. on June 4, 2025.

Segment Performance

  • Waste Paper: The waste paper segment remains the cornerstone of Toppoint’s revenue, contributing 52.5% of the Q2 revenue and 63.8% of total loads. However, paper revenue experienced a 23.2% year-over-year decline, totaling $2.08 million.
  • Imports: The import segment also saw a decrease, with revenues falling by 16.2% year-over-year to $1.23 million.
  • Metals: In contrast, the metals segment demonstrated strong performance, with a 38.0% increase in revenue year-over-year.

Strategic Initiatives and Outlook

Hok C. Chan, Chief Executive Officer, emphasized the company’s commitment to maintaining service reliability, optimizing turn times, and enhancing lane density at ports to support the growth of export customers. The strategic focus on scaling imports and metals is part of Toppoint’s broader effort to diversify its revenue streams and strengthen its market position.

John Feliciano III, Chief Financial Officer, highlighted the company’s disciplined cost posture and solid balance sheet. Investments in equipment and technology are underway to bolster execution in core commodities, ensuring Toppoint remains competitive in its operations across major ports in the United States.

Year-to-Date Performance

As of the end of Q2 2025, Toppoint’s year-to-date revenue reached $7.78 million, with total loads at 10,836, compared to 11,517 in the same period in 2024. The company continues to invest in fleet capacity and operational systems, aiming to enhance efficiency and service delivery.

Conclusion

Despite facing revenue declines in certain segments, Toppoint Holdings Inc. is strategically positioning itself for growth in the metals and imports sectors. With a focus on operational excellence and strategic investments, the company is poised to navigate the evolving dynamics of the recycling export supply chain. As Toppoint continues to expand its footprint in the industrials sector, stakeholders will be keenly watching its progress in the coming quarters.