Reported Q: Q3 2024 Rev YoY: +32.8% EPS YoY: +315.8% Move: +1.57%
Top Win International
TOPW
$10.33 1.57%
Exchange NASDAQ Sector Consumer Cyclical Industry Luxury Goods
Q3 2024
Published: Sep 30, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for TOPW

Reported

Report Date

Sep 30, 2024

Quarter Q3 2024

Revenue

4.85M

YoY: +32.8%

EPS

0.00

YoY: +315.8%

Market Move

+1.57%

Previous quarter: Q2 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $4.85M up 32.8% year-over-year
  • EPS of $0.00 increased by 315.8% from previous year
  • Gross margin of 9.0%
  • Net income of 87.95K
  • ""Our strategic partnerships have enabled us to penetrate new markets rapidly and establish a stronger foothold in the luxury watch segment."" - COO
TOPW
Top Win International Limited Ordinary Shares

Executive Summary

Top Win International Limited (TOPW) reported exceptionally strong results for QQ3 2024, experiencing significant growth across key financial metrics as it continues to establish itself in the luxury goods sector. Highlights from this quarter include a 32.78% year-over-year increase in revenue, totaling $4.85 million, and a remarkable net income growth of 335.01% compared to the same quarter last year. This performance is attributed to the company's focused strategy on enhancing distribution capabilities and expanding its product lineup to include more luxury items. Management's commentary emphasized confidence in continuing this momentum, underpinned by improved operational efficiencies and robust market demand.

Key Performance Indicators

Revenue
Increasing
4.85M
QoQ: 22.31% | YoY: 32.78%
Gross Profit
Increasing
437.75K
9.03% margin
QoQ: 61.74% | YoY: 89.62%
Operating Income
Increasing
173.55K
QoQ: 392.43% | YoY: 459.60%
Net Income
Increasing
87.95K
QoQ: 180.64% | YoY: 335.01%
EPS
Increasing
0.00
QoQ: 174.55% | YoY: 315.79%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2024 4.85 0.00 +32.8% View
Q3 2024 4.85 0.00 +32.8% View
Q2 2024 3.96 -0.01 -31.2% View
Q1 2024 3.96 -0.01 +0.0% View
Q4 2023 3.65 0.00 +0.0% View