Top Wealth Group
Distributor of caviar, wine, supplements and wine-authentication technology.
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Profile
Sells caviar, wine and health supplements mainly through food-and-beverage distributors in Hong Kong, and has added a wine-authentication and tracking business. Its asset-light model relies on an external provider for processing, cold-chain logistics, warehousing and packaging.
Distributes caviar, wine and health supplements to food-and-beverage distributors in Hong Kong. The caviar business includes the Imperial Cristal Caviar house brand, alongside private-label and unbranded products; wine distribution covers white wine, red wine and Champagne. An acquired Hong Kong business adds wine-authentication and tracking technology and wine trading in Asia-Pacific.
Operates through an asset-light model, with a third-party Hong Kong supply-chain company handling logistics, cold-chain warehousing, packaging, processing-factory work and licensing, while the internal team focuses on brand building and quality assurance. Caviar distribution rights include an exclusive arrangement connected to a Fujian sturgeon farm.
Depends on distributor demand, permitting for caviar trade, outsourced temperature-controlled operations and a concentrated customer base. The listed Cayman holding company has no material operations of its own; operating subsidiaries are in Hong Kong.
Company facts
Categories
Key statistics
Year to date −86.3% · Average volume (30d) 402.4K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 21, 2026Q2 FY26 | — | $0.02 | — | — | $785.6K | — | −25.00% |
| May 15, 2026 | — | $0.14 | — | — | $638.1K | — | −9.49% |
Financial highlights
| 11 quarters | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $10.0M | $4.4M | $348.9K | $533.0K | $638.1K | $785.6K | |
| Gross profit | $2.6M | $2.3M | −$1.3M | $430.3K | $443.2K | $585.2K | |
| Operating income | $1.2M | −$561.1K | $45.9K | $308.1K | $101.2K | $358.7K | |
| Net income | $978.8K | −$468.5K | −$1.6M | $308.1K | $101.2K | $358.7K | |
| Diluted EPS | $0.04 | −$1.52 | −$0.32 | $0.50 | $0.06 | $0.02 | |
| Gross margin | 26.1% | 52.8% | -378.4% | 80.7% | 69.5% | 74.5% | |
| Operating margin | 12.2% | -12.8% | 13.2% | 57.8% | 15.9% | 45.7% |
Balance sheet, Jun 30, 2026Cash & short-term investments $37.7K · Total debt $24.9K · Total assets $12.1M · Shareholders' equity $11.9M
Dividends
No dividends on record.
Ownership
Shares outstanding 733.1K · Float 427.6K · 58.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Bigger Capital Fund L P | 134.0K | 9.97% | 13G | Dec 10, 2025 |
| Avondale Capital, LLC | 134.0K | 9.90% | 13G | Dec 15, 2025 |
| Marex Financial | 54.8K | 9.40% | 13G | May 15, 2026 |
| UBS Group AG | 407 | 0.06% | 13F | May 5, 2026 |
| Citigroup Inc | 2 | 0.00% | 13F | May 11, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.