WAI
Top KingWin Ltd
NASDAQ: WAI · FINANCIAL SERVICES · CAPITAL MARKETS
$2.21
+2.31% today
Updated 2026-04-30
Market cap
$5.49M
P/E ratio
—
P/S ratio
0.68x
EPS (TTM)
$-26.92
Dividend yield
—
52W range
$2 – $115
Volume
0.0M
Top KingWin Ltd (WAI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.33M | $6.29M | $3.12M | $5.45M | $3.75M | $1.12M |
| Revenue growth (YoY) | — | +371.9% | -50.4% | +74.5% | -31.2% | -70.2% |
| Cost of revenue | $461038.00 | $1.36M | $957112.00 | $1.86M | $2.42M | $1.03M |
| Gross profit | $872892.00 | $4.94M | $2.17M | $3.59M | $1.33M | $85712.00 |
| Gross margin | 65.4% | 78.4% | 69.3% | 65.9% | 35.5% | 7.7% |
| R&D | — | — | — | — | — | — |
| SG&A | $213991.00 | $1.29M | $2.14M | $4.77M | $5.00M | $6.28M |
| Operating income | $379858.00 | $3.04M | $-919790.00 | $-2.49M | $-7.13M | $-3.37M |
| Operating margin | 28.5% | 48.3% | -29.5% | -45.7% | -190.1% | -301.6% |
| EBITDA | $389312.00 | $3.08M | $-855133.00 | $-2.41M | $-4.07M | $-3.36M |
| EBITDA margin | 29.2% | 48.9% | -27.4% | -44.2% | -108.4% | -300.6% |
| EBIT | $379858.00 | $3.04M | $-919790.00 | $-2.49M | $-4.16M | $-3.37M |
| Interest expense | — | — | — | — | — | — |
| Income tax | $39515.00 | $777221.00 | $-121113.00 | $115094.00 | $54531.00 | — |
| Effective tax rate | 10.4% | 25.2% | 13.6% | -4.7% | -0.6% | 0.0% |
| Net income | $339968.00 | $2.31M | $-771483.00 | $-2.55M | $-8.68M | $-3.34M |
| Net income growth (YoY) | — | +579.1% | -133.4% | -230.2% | -240.7% | +61.5% |
| Profit margin | 25.5% | 36.7% | -24.7% | -46.8% | -231.4% | -298.8% |