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Garden Stage vs TOP Financial Group

Garden Stage is the larger business, with $7.3m of revenue in fiscal 2026 against $4.7m for TOP Financial Group (1.5 times as much). TOP Financial Group grew faster (41.9% against 33.2%). TOP Financial Group kept more of each dollar of sales as profit: a net margin of -24.8% against -190.1%.

Latest fiscal yearGarden StageGSIW, 2026TOP Financial GroupTOP, 2026
Revenue $7.3m $4.7m
Revenue growth 33.2% 41.9%
Net income −$13.8m −$1.2m
Operating margin — —
Net margin -190.1% -24.8%
Return on equity -89.5% -3.4%
Free cash flow −$4.3m $13.1m
Cash $17.5m $13.0m
Total debt $15.5m $0
Debt to equity 63.9% —
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — 30
Market value $102m $408m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.