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Thorney Technologies Limited
(Sydney:TEK)
Thorney Technologies Limited (TEK) vs. iShares MSCI Australia ETF (EWA)
Thorney Technologies Limited Business Overview & Revenue Model
Thorney Technologies Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.82M | 2.82M | -11.70M | -22.55M | -59.90M | 79.87M |
| Gross Profit | 2.82M | 2.82M | -13.53M | -24.82M | -59.90M | 62.86M |
| EBITDA | 0.00 | 0.00 | -14.32M | 0.00 | 0.00 | 0.00 |
| Net Income | -4.66M | -4.66M | -21.72M | -25.52M | -45.15M | 52.85M |
Balance Sheet | ||||||
| Total Assets | 96.93M | 96.93M | 104.48M | 130.37M | 156.45M | 187.74M |
| Cash, Cash Equivalents and Short-Term Investments | 56.44M | 56.44M | 68.80M | 79.43M | 94.65M | 148.54M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.08M | 1.08M | 1.26M | 2.19M | 1.21M | 12.19M |
| Stockholders Equity | 95.85M | 95.85M | 103.23M | 128.18M | 154.86M | 175.55M |
Cash Flow | ||||||
| Free Cash Flow | 4.60M | 4.60M | -5.51M | 11.04M | -12.51M | -17.65M |
| Operating Cash Flow | 4.60M | 4.60M | -5.51M | 11.04M | -12.51M | -17.65M |
| Investing Cash Flow | -2.66M | -2.66M | -1.04M | -6.39M | -9.15M | -16.45M |
| Financing Cash Flow | -2.87M | -2.87M | -3.09M | -1.16M | 24.47M | 35.73M |
Thorney Technologies Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ― | 10.07 | 11.89% | 5.16% | 8.49% | 116.25% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
56 Neutral | AU$1.96B | 23.00 | 5.31% | ― | 16.78% | 22.86% | |
55 Neutral | AU$430.07M | 21.68 | 12.36% | 2.86% | -26.30% | 40.12% | |
50 Neutral | AU$4.05B | 54.81 | 14.42% | ― | 23.69% | 116.67% | |
48 Neutral | ― | -19.70 | ― | ― | ― | ― | |
46 Neutral | AU$1.10B | 18.37 | 5.01% | 6.60% | 14.81% | ― |
Thorney Technologies Limited Corporate Events
Thorney Technologies Ltd reported a slight decline in its net tangible asset (NTA) per share from 26.2 cents in October to 25.8 cents in November 2025, reflecting market volatility and specific weaknesses in holdings like Clarity Pharmaceuticals and Credit Clear. Despite these challenges, positive contributions from companies such as Calix and Mach7 Technologies helped mitigate the overall portfolio’s downturn. The company continues to streamline its portfolio and has renewed its on-market share buyback program into 2026, maintaining a strong capital management strategy. Thorney Investment Group retains a significant shareholding interest of 31.1%.
Thorney Technologies Limited announced a change in the director’s interest in securities, specifically involving Alex Waislitz. The company reported that Waislitz, through various corporate entities he controls, increased his shareholding by acquiring 2,950,000 additional shares, bringing the total to 117,642,920 shares. This acquisition was made through on-market purchases, reflecting a strategic move to strengthen his position within the company.
Thorney Technologies Limited announced the resignation of Tim Birch as a non-executive director, effective from the closure of the 2025 Annual General Meeting. Mr. Birch, who served on the board since November 2021, is thanked for his contributions. This change in the board’s composition may influence the company’s strategic direction and governance, potentially impacting its operations and stakeholder relationships.
Thorney Technologies Limited announced that all resolutions proposed at its 2025 Annual General Meeting were successfully passed by a poll. This outcome reflects strong shareholder support for the company’s current direction and leadership, potentially strengthening its position in the technology investment sector.
Thorney Technologies Ltd reported a significant improvement in its financial performance for FY2025, with an after-tax loss of $4.7 million compared to the previous year’s $21.7 million loss. This improvement reflects disciplined portfolio management and strategic repositioning. The company remains focused on investing in companies with disruptive technologies and scalable business models, positioning itself to benefit from market recovery. TEK’s strategy includes active risk management and capital deployment in compelling valuations, with positive contributions from companies like Yojee Limited and eToro Group Limited. Despite some challenges, TEK is committed to enhancing shareholder returns through initiatives like share buybacks and revised management fees. The company also emphasizes robust governance and ESG considerations, aiming for long-term sustainable value creation.
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.
Thorney Technologies Limited announced a change in the director’s interest, with Alex Waislitz acquiring an additional 751,555 shares through Thorney Holdings Proprietary Limited. This acquisition, valued at approximately $97,702.15, increases the total number of shares held by entities controlled by Waislitz to 114,692,920. The transaction reflects ongoing confidence in the company’s strategic direction and potential for growth, potentially impacting the company’s market positioning and stakeholder interests.
Thorney Technologies Ltd has announced the extension of its on-market share buy-back program for another year, from November 2025 to November 2026. This initiative, aimed at narrowing the share price discount to net tangible assets (NTA), will be funded through existing cash reserves and involves the potential acquisition of up to 31,045,455 shares. The directors and their associates will not participate in this buy-back, and the company retains the right to modify or terminate the program depending on market conditions.
Thorney Technologies Limited has announced an on-market buy-back of its ordinary fully paid shares, as indicated by its ASX security code TEK. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a strategic decision to invest in its own shares.
Thorney Technologies Limited announced a change in the director’s interest, with Alex Waislitz acquiring an additional 989,553 shares through indirect interests. This acquisition, made via on-market purchases, increases the total number of shares held by entities controlled by Waislitz to 113,941,365. This move reflects a strategic decision by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects.
Thorney Technologies Limited, operating under the ASX code TEK, has announced the completion of its on-market buy-back program. The company has bought back a total of 7,130,938 ordinary fully paid securities for a total consideration of AUD 987,965.24. This buy-back is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Thorney Technologies Limited announced a change in the director’s interest, with Alex Waislitz acquiring an additional 163,530 shares through Thorney Holdings Proprietary Limited. This acquisition reflects a strategic move to strengthen the director’s stake in the company, potentially signaling confidence in the company’s future performance and impacting shareholder perceptions positively.
Thorney Technologies Limited has announced a change in the director’s interest, specifically involving Alex Waislitz. The company reported that Waislitz, through various corporate bodies he controls, acquired an additional 736,470 shares, increasing his total holdings to 112,788,282 shares. This acquisition was made through on-market purchases, reflecting a strategic move to strengthen his investment position within the company.
Thorney Technologies Limited has announced its 2025 Annual General Meeting (AGM), which will be held virtually on November 17, 2025. This decision reflects the company’s adaptation to modern digital practices, allowing shareholders to participate online, which may enhance accessibility and engagement.