TOP Financial (TOP) - 2025 Q2 - Quarterly Report

| | September | | | --- | --- | --- | | | 30, | March 31, | | | 2024 | 2024 | | | (unaudited) | | | Assets | | | | Cash and cash equivalents | 25,919,945 | | Restricted cash | 8,952,747 | 12,777,148 | | Receivables from broker-dealers and clearing organizations | 12,649,685 | 4,002,982 | | Receivables from customers | 3,923,517 | 3,510,142 | | Loans receivable, net | 13,810,305 | 4,654,635 | | Loan receivable due from a related party, net | 1,657,435 | 1,548,088 | | Securities owned, at fai ...