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The latest announcement is out from Thorney Technologies Limited ( (AU:TEK) ).
Thorney Technologies has reported a sharp fall in profitability for the half-year to 31 December 2025, with profit after tax dropping 83% to $1.6 million despite only a 13% decline in profit from investment activities and profit before tax. Net tangible asset backing per share before tax was essentially flat at 25.8 cents, but the after-tax NTA fell from 29.0 cents to 25.8 cents, indicating a weaker balance sheet position for shareholders. The company also chose not to declare an interim dividend, signalling a more conservative capital management stance and potentially reflecting the pressure on earnings and returns from its technology-focused investment portfolio.
The most recent analyst rating on (AU:TEK) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Thorney Technologies Limited stock, see the AU:TEK Stock Forecast page.
More about Thorney Technologies Limited
Thorney Technologies Ltd is an Australian listed investment company focused on the technology sector. It invests in a portfolio of tech-related companies and assets, aiming to generate returns from investment activities rather than through the sale of products or services, and its performance is closely tied to movements in technology markets and valuations.
Average Trading Volume: 217,143
Technical Sentiment Signal: Hold
See more insights into TEK stock on TipRanks’ Stock Analysis page.