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Top Wealth Group Holding Limited
(NASDAQ:TWG)
Top Wealth Group Holding Limited (TWG) vs. SPDR S&P 500 ETF (SPY)
Top Wealth Group Holding Limited Business Overview & Revenue Model
Top Wealth Group Holding Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.50M | 4.75M | 16.94M | 8.51M | 19.61K |
| Gross Profit | -889.88K | 2.51M | 5.39M | 4.20M | 15.30K |
| EBITDA | 973.16K | -453.32K | 3.28M | 2.45M | -14.40K |
| Net Income | -1.24M | -2.02M | 2.44M | 1.92M | -10.99K |
Balance Sheet | |||||
| Total Assets | 2.82M | 19.78M | 7.35M | 3.43M | 339.75K |
| Cash, Cash Equivalents and Short-Term Investments | 1.74K | 42.38K | 134.35K | 217.38K | 1.39K |
| Total Debt | 314.26K | 140.56K | 818.31K | 71.08K | 349.72K |
| Total Liabilities | 145.77K | 1.16M | 2.40M | 920.32K | 386.68K |
| Stockholders Equity | 21.02M | 18.62M | 4.95M | 2.51M | -46.93K |
Cash Flow | |||||
| Free Cash Flow | 968.70K | 113.75K | -110.31K | -46.09K | 792.00 |
| Operating Cash Flow | 968.70K | 113.75K | -110.31K | 15.36K | 63.52K |
| Investing Cash Flow | -2.04M | -2.04M | 0.00 | -61.45K | -62.72K |
| Financing Cash Flow | 1.05M | 1.91M | 99.70K | 73.67K | 12.00 |
Top Wealth Group Holding Limited Risk Analysis
Top Wealth Group Holding Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $17.89B | 34.82 | 12.29% | ― | 4.80% | 3.49% | |
64 Neutral | $2.59B | 37.17 | 14.12% | ― | 8.88% | 54.12% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | $36.22B | 20.34 | 83.64% | 2.84% | 2.92% | -4.06% | |
56 Neutral | $114.04M | -2.49 | -17.40% | ― | 4.10% | -2241.30% | |
50 Neutral | $6.16M | 24.00 | 5.22% | ― | ― | ― | |
48 Neutral | $67.29M | 64.35 | 0.51% | 0.90% | 3.90% | -87.36% |
Top Wealth Group Holding Limited Corporate Events
On January 5, 2026, Top Wealth Group Holding Limited entered into a sale and purchase agreement to acquire Airentity International Limited and its Hong Kong subsidiary, Airentity Technology Limited, a wine trading group that develops and commercializes a wine authentication and tracking system (WATS) and conducts wine trading across the Asia-Pacific region. Valued at about US$125.9 million as of December 1, 2025, the Target Group will be purchased in an all-share transaction for approximately US$125.9 million, satisfied by the issuance of 14,979,854 Class A ordinary shares and 3,000,000 Class B ordinary shares, with completion expected on or around January 20, 2026, subject to regulatory and other customary conditions and a six‑month lock-up on the consideration shares for the vendors; the deal, unanimously approved by the company’s independent directors, is intended to enhance profitability, expand asset size and deepen Top Wealth’s position in the luxury caviar-and-wine segment by leveraging WATS amid rising concerns over product authenticity. In connection with the transaction and broader capital-raising flexibility, the company has elected to rely on Cayman Islands home-country practice under Nasdaq Listing Rule 5615(a)(3), opting out of certain Nasdaq shareholder approval requirements for major share issuances, change-of-control transactions and equity compensation, while stating that, aside from these exemptions, its corporate governance practices are largely aligned with those of U.S. domestic issuers.
The most recent analyst rating on (TWG) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Top Wealth Group Holding Limited stock, see the TWG Stock Forecast page.
Effective December 31, 2025, Top Wealth Group Holding Limited reported the resignation of independent director Wai Chun Chik, who also served as chairwoman of the Compensation Committee and a member of both the Audit and Nominating Committees, citing personal reasons and no disagreement with the company. On the same date, the board appointed 56‑year‑old Yuen Cheong Carp Lee as an independent director and as chairman or member of the same key board committees, confirming that he meets Nasdaq independence standards and emphasizing his more than 30 years of management experience across luxury food and beverage, safety and quality supervision, and other sectors, thereby maintaining the company’s board independence and committee continuity for regulatory compliance and corporate governance oversight.
The most recent analyst rating on (TWG) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Top Wealth Group Holding Limited stock, see the TWG Stock Forecast page.
On December 9, 2025, Top Wealth Group Holding Limited announced a securities purchase agreement to issue and sell 720,000 units, each consisting of one Class A ordinary share and two types of warrants, at $7.00 per unit. The offering, which closed on December 10, 2025, is expected to generate approximately $5.04 million in gross proceeds, with potential additional proceeds from warrant exercises. The company plans to use the net proceeds for general corporate and working capital purposes. This move is likely to strengthen Top Wealth’s financial position and support its growth in the premium caviar market.
Top Wealth Group Holding Limited announced a strong profit outlook for the financial year ending December 31, 2025, projecting net profits of at least $4 million. This marks a significant recovery from a $2 million loss in the previous year, attributed to improvements in business operations throughout the year.