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Thorney Technologies Limited ( (AU:TEK) ) has shared an announcement.
Thorney Technologies Ltd reported a slight increase in its pre-tax net tangible asset (NTA) per share to 26.2 cents as of October 31, 2025, up from 25.9 cents in September. The positive performance was driven by investments in companies like Clarity Pharmaceuticals and Credit Clear, with the latter announcing a significant UK-based acquisition and capital raising. The company has renewed its on-market share buyback program, maintaining its capital management strategy into 2026, and retains a 30.4% shareholding interest by Thorney Investment Group. The upcoming AGM on November 17, 2025, is expected to provide further insights into the company’s macro and portfolio strategies.
More about Thorney Technologies Limited
Thorney Technologies Ltd (TEK) is an ASX-listed investment company focusing on technology-related investments across various sectors such as fintech, e-commerce, education, agriculture, medical, telecommunications, 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: 210,169
Technical Sentiment Signal: Sell
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.