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Thorney Technologies Reports Slight NTA Decline Amid Optimistic Portfolio Outlook

Story Highlights
  • Thorney Technologies Ltd focuses on investing in disruptive technology companies.
  • TEK’s pre-tax NTA decreased to 24.8 cents in August 2025, but growth potential remains strong.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thorney Technologies Reports Slight NTA Decline Amid Optimistic Portfolio Outlook

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Thorney Technologies Limited ( (AU:TEK) ) has provided an announcement.

Thorney Technologies Ltd reported a slight decline in its net tangible asset (NTA) backing per share for August 2025, with pre-tax NTA decreasing to 24.8 cents from 26.1 cents in July. Despite some weaker positions contributing to this decline, the company remains optimistic about its portfolio’s growth potential, particularly in companies like Credit Clear Limited and Doctor Care Anywhere. The company did not engage in on-market share buybacks during the month, and its current buyback program is set to expire in October 2025. The Thorney Investment Group maintains a significant shareholding interest of 29.2% in TEK.

More about Thorney Technologies Limited

Thorney Technologies Ltd (TEK) is an ASX-listed investment company focused on technology-related investments across various sectors, including fintech, e-commerce, education, agriculture, medical, telecommunication, robotics, and AI. The company aims to identify early-stage companies with disruptive technologies and business models, leveraging networks in Australia, Israel, and the USA for investment opportunities in both listed and unlisted entities. TEK is managed by Thorney Investment Group under a long-term investment management agreement.

Average Trading Volume: 202,113

Technical Sentiment Signal: Hold

Learn more about TEK stock on TipRanks’ Stock Analysis page.

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