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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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.82M | -11.70M | -22.55M | -59.90M | 79.87M |
| Gross Profit | 2.82M | -13.53M | -24.82M | -59.90M | 62.86M |
| EBITDA | 0.00 | -14.32M | 0.00 | 0.00 | 0.00 |
| Net Income | -4.66M | -21.72M | -25.52M | -45.15M | 52.85M |
Balance Sheet | |||||
| Total Assets | 96.93M | 104.48M | 130.37M | 156.45M | 187.74M |
| Cash, Cash Equivalents and Short-Term Investments | 56.44M | 68.80M | 79.43M | 94.65M | 148.54M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.08M | 1.26M | 2.19M | 1.21M | 12.19M |
| Stockholders Equity | 95.85M | 103.23M | 128.18M | 154.86M | 175.55M |
Cash Flow | |||||
| Free Cash Flow | 4.60M | -5.51M | 11.04M | -12.51M | -17.65M |
| Operating Cash Flow | 4.60M | -5.51M | 11.04M | -12.51M | -17.65M |
| Investing Cash Flow | -2.66M | -1.04M | -6.39M | -9.15M | -16.45M |
| Financing Cash Flow | -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 | ― | 3.36 | 10.54% | 5.16% | 8.49% | 116.25% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
56 Neutral | AU$1.72B | 8.08 | 6.18% | ― | 16.78% | 22.86% | |
55 Neutral | AU$1.84B | 20.16 | 15.91% | ― | 23.69% | 116.67% | |
54 Neutral | AU$281.77M | 10.89 | 12.36% | 2.86% | -26.30% | 40.12% | |
52 Neutral | AU$977.35M | 11.50 | 7.72% | 6.60% | 14.81% | ― | |
48 Neutral | ― | 7.11 | -13.08% | ― | ― | ― |
Thorney Technologies Limited Corporate Events
Thorney Technologies Ltd has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares under ticker TEK. The company reported that, as of 16 March 2026, it had repurchased a cumulative total of 5,817,534 shares before the previous trading day and a further 500,000 shares on the previous day, indicating continued execution of its capital management strategy.
The daily buy-back disclosure, which follows an initial notification lodged in November 2025 and a prior update on 13 March 2026, signals Thorney Technologies’ ongoing commitment to returning capital and potentially enhancing value for remaining shareholders. Regular updates on the scale and pace of repurchases provide transparency to the market and help investors assess the impact of the buy-back on the company’s share base and capital structure.
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.
Thorney Technologies has continued its on-market share buy-back program, acquiring a further 250,000 ordinary fully paid shares on 12 March 2026. This brings the total number of shares repurchased under the current program, which commenced in November 2025, to 5,567,534, underscoring the company’s ongoing capital management strategy and potential commitment to enhancing shareholder returns.
The latest update, lodged with the ASX on 13 March 2026, confirms that the daily repurchases relate to the same class of ordinary fully paid securities under code TEK. Regular disclosure of these transactions provides transparency for investors and signals that Thorney Technologies remains active in adjusting its capital base through market buy-backs.
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.
Thorney Technologies reported a pre-tax net tangible asset backing of 24.3 cents per share as at 28 February 2026, down from 25.0 cents a month earlier, as heightened geopolitical tensions and volatility hit global markets and weighed modestly on its technology-focused portfolio. The investment company, which holds a mix of listed and unlisted tech assets and had a market capitalisation of $46.6 million with its shares trading at 12.5 cents, saw satisfactory half-year reporting from portfolio companies but a negative 2.8% portfolio return for the month and continues to trade at a significant discount to NTA.
Chairman Alex Waislitz said the portfolio had been affected by turbulence stemming from Middle East conflict and higher oil prices but remains comfortable with its composition and risk profile. Positive share price contributions from holdings such as Doctor Care Anywhere, Clarity Pharmaceuticals, DUG Technology and Imricor Medical Systems were offset by weaker performances in Credit Clear, Calix, Yojee and Plenti Group, while TEK stepped up use of its on-market buyback, acquiring more than 3.6 million shares in an effort to narrow the gap between its share price and asset backing, with Thorney Investment Group maintaining a 31.58% stake.
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.
Thorney Technologies Ltd has provided an updated notification on its ongoing on-market share buy-back program for its ordinary fully paid shares listed under ASX code TEK. The company reported that it had repurchased a cumulative 5,543,293 shares before the previous trading day and bought back a further 24,241 shares on the prior day.
The daily update underscores Thorney Technologies’ continued execution of its capital management strategy via on-market buy-backs. This activity can signal management’s confidence in the company’s valuation and may enhance shareholder value over time by reducing the number of shares on issue, potentially improving metrics such as earnings per share.
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.
Thorney Technologies Ltd has provided an updated notification on its on-market share buy-back program for its ordinary fully paid shares traded under the ASX code TEK. The company reported that it had bought back a cumulative 5,378,187 shares prior to the latest trading day and repurchased a further 165,106 shares on the previous day, signaling continued capital management activity that may support earnings per share and share price over time.
The latest filing is a routine daily update under the ongoing buy-back that was initially announced on 2 November 2025 and most recently updated on 27 February 2026. Regular reporting of these repurchases underscores the company’s commitment to returning capital to shareholders and may indicate confidence in the underlying value of 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.
Thorney Technologies Ltd has cancelled 3,918,885 fully paid ordinary shares under its on-market buy-back program, as disclosed in a new Appendix 3H filing with the ASX dated 27 February 2026. The reduction in issued capital signals ongoing capital management by the company, which may enhance earnings per share and potentially support value outcomes for remaining investors.
The cessation of these TEK securities via buy-back underscores management’s willingness to deploy balance sheet capacity to repurchase stock. This move could be interpreted as confidence in the company’s valuation and long-term prospects, while marginally increasing existing shareholders’ proportional ownership in the investment vehicle.
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.
Thorney Technologies has continued its on-market share buy-back program, purchasing 60,001 fully paid ordinary shares on the previous trading day. This takes the cumulative total repurchased to 5,318,186 shares since the buy-back began, signalling an ongoing capital management strategy that may support earnings per share and reflect management’s confidence in the company’s valuation.
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.
Thorney Technologies has provided an updated notification to the ASX on the progress of its on-market share buy-back program for its ordinary fully paid shares. The company reported that it had repurchased a cumulative total of 4,968,186 shares prior to the previous trading day and an additional 350,000 shares on the previous day, as part of its ongoing capital management strategy.
The latest daily update, dated 25 February 2026, confirms that the buy-back was initially announced in November 2025 and remains active. Continued execution of the on-market buy-back signals management’s commitment to returning capital to shareholders and may support the company’s share price and capital structure over time.
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.
Thorney Technologies has confirmed that its Investment Manager has exercised a contractual option to extend the Investment Management Agreement, pushing the initial term out to 16 December 2026 with a further seven-year extension now locked in. The extension secures continuity of the company’s investment strategy under the current manager for an extended period.
In response to ongoing concerns about investment performance and a persistent discount of the share price to net tangible assets, the TEK board has formed an independent sub-committee to review manager performance. The Investment Manager has agreed to conduct an internal review and report to this sub-committee, with the company indicating it will update the market as the review progresses.
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.
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.
Thorney Technologies has continued its on-market share buy-back program, confirming that a total of 4,675,900 ordinary shares had been repurchased prior to the latest reporting date. The company disclosed that it bought back a further 292,286 shares on the previous trading day, signalling an ongoing effort to actively manage its capital structure and potentially enhance shareholder value through reduced share count.
The updated notification, lodged as an amendment to earlier disclosures first made in November 2025, maintains transparency around the daily execution of the buy-back. Regular updates on the volume of securities repurchased indicate a sustained commitment to the program, which may support the stock by demonstrating confidence in the company’s valuation and providing incremental demand for its shares.
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.
Thorney Technologies Ltd, listed on the ASX under ticker TEK, has ordinary fully paid shares as its main class of securities and is positioned as a technology-focused investment vehicle for Australian investors. The company actively manages its capital structure through market operations, reflecting its approach to enhancing shareholder value.
The company has provided an updated notification of its ongoing on-market share buy-back program, with the latest update dated 23 February 2026. As of this notice, Thorney Technologies has repurchased a total of 4,538,058 shares before the previous trading day and a further 137,842 shares on the previous day, underscoring its continued execution of the buy-back strategy first notified in November 2025.
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.
Thorney Technologies has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares on the ASX, under code TEK. The latest notification reports that a total of 4,482,044 shares had been repurchased prior to the most recent trading day, with an additional 56,014 shares bought back on the previous day as part of this capital management initiative.
The continued execution of the buy-back, first notified in November 2025 and now updated to 20 February 2026, signals management’s commitment to actively manage the company’s capital structure. This sustained repurchase activity may support the share price, increase earnings per share, and potentially improve returns for existing shareholders by reducing the number of shares on issue.
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.
Thorney Technologies has provided an updated daily notification to the ASX on the progress of its on-market share buy-back program for its ordinary fully paid shares under the code TEK. The latest filing dated 11 February 2026 confirms that a total of 3,350,058 securities had been repurchased prior to the previous trading day, with an additional 151,985 shares bought back on the previous day, highlighting the company’s ongoing capital management activity and potential efforts to enhance shareholder value and manage its capital structure.
The buy-back, originally notified to the market in November 2025, is being reported through regular daily updates, with this announcement serving as an amendment to the prior day’s disclosure. Continuous execution of the on-market buy-back may signal management’s confidence in the company’s valuation while gradually reducing the number of shares on issue, which can have implications for earnings per share and the ownership stake of remaining investors.
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.
Thorney Technologies Ltd has provided an updated notification on its ongoing on-market share buy-back program for its ordinary fully paid shares listed under the ASX code TEK. The company reported that a total of 3,272,985 shares had been bought back prior to the latest trading day, with an additional 77,073 shares repurchased on the previous day as part of the program.
The latest daily update signals Thorney Technologies’ continued execution of its capital management strategy through regular on-market buy-backs. This ongoing reduction of shares on issue may support earnings per share over time and could be viewed as a sign of confidence by management in the company’s underlying value for existing shareholders.
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.
Thorney Technologies Ltd has continued its on-market buy-back program for its ordinary fully paid shares, with the latest update dated 9 February 2026. The company reported that a total of 3,149,301 shares had been bought back before the previous day, with an additional 123,684 shares repurchased on the prior trading day.
The ongoing daily notifications indicate that Thorney is actively using its buy-back to reduce the number of shares on issue, which can be supportive of the share price and accretive to remaining shareholders. The updated figures also signal continued confidence from the board in the company’s valuation and capital management strategy as it pursues its investment objectives in the technology sector.
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.
Thorney Technologies has provided an updated notification to the ASX on its ongoing on‑market share buy‑back of ordinary fully paid shares. The company reported that it repurchased 350,000 shares in the previous trading day, bringing the total number of shares bought back under the program to 2,799,301, underscoring its continued capital management focus and potential support for its share price and earnings per share.
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.
The company has updated the market on its on-market share buy-back, confirming that 350,000 ordinary shares were repurchased on 5 February, bringing the cumulative tally since the program’s November 2025 launch to 2.45 million shares; this steady pace signals ongoing capital management efforts aimed at supporting shareholder value without indicating any shift in broader strategy.
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.
Thorney Technologies Limited has continued its on-market share buy-back program, disclosing that it had repurchased a total of 2,099,301 ordinary fully paid shares prior to the most recent trading day and a further 350,000 shares on the previous day. The ongoing buy-back underscores the company’s capital management strategy, signalling confidence in its valuation and offering potential value accretion for remaining shareholders through a reduced share count.
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.
Thorney Technologies Limited has provided an updated daily notification to the ASX regarding its on-market share buy-back of ordinary fully paid shares. As of 3 February 2026, the company has repurchased a total of 1,749,301 shares prior to the previous trading day and a further 350,000 shares on the previous day, as part of its ongoing capital management program, which may support earnings per share and signal confidence in the company’s valuation to shareholders.
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.
Thorney Technologies Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares (TEK). The company reported that it has repurchased a total of 1,399,301 shares prior to the previous trading day and bought back an additional 350,000 shares on the previous day, underscoring its continued capital management efforts and potential intention to enhance shareholder value through reducing the number of shares on issue.
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.
Thorney Technologies Ltd has cancelled 1,399,301 fully paid ordinary shares on 30 January 2026 as part of an on-market buy-back, reducing its total number of securities on issue. The capital management move is expected to slightly consolidate existing shareholders’ interests and signals the company’s ongoing use of buy-backs as a tool to manage its balance sheet and capital structure.
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.
Thorney Technologies Ltd has provided an updated notification of its on-market share buy-back, confirming that a total of 1,132,567 ordinary fully paid shares had been repurchased prior to the latest reporting day, with a further 266,734 shares bought back on the previous trading day. The ongoing daily buy-back activity signals the company’s continued capital management strategy, potentially supporting its share price and earnings per share, and reflects management’s confidence in the value of the company’s 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.
Thorney Technologies Ltd, listed on the ASX under the code TEK, is conducting an on-market share buy-back of its ordinary fully paid shares.
The company has updated the market with its latest daily buy-back notification, reporting that it repurchased 500,000 shares on the previous trading day, bringing the total number of shares bought back so far to 632,567 under the current program first notified in November 2025, signaling ongoing capital management activity that may support the share price and adjust the company’s capital structure.
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.
Thorney Technologies Ltd reported that its after-tax net tangible asset (NTA) backing per share rose approximately 8.27% over the first half of the 2026 financial year, with the after-tax NTA at 27.5 cents and pre-tax NTA at 25.7 cents as at 31 December 2025, marginally down from the prior month. The overall portfolio was essentially flat for December, as gains in holdings such as Calix, Mach7 Technologies and Doctor Care Anywhere offset weakness in Yojee, Plenti Group and Raiz Invest, while the company maintained a cash balance of $1.9 million and left its prime broker facilities undrawn; TEK also renewed its on-market share buyback as a continuing capital management tool and highlighted the Thorney Investment Group’s 31.1% stake ahead of releasing its half-year results in February 2026, signalling ongoing confidence in the portfolio’s underlying value despite challenging capital markets for unlisted investments.
The most recent analyst rating on (AU:TEK) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Thorney Technologies Limited stock, see the AU:TEK Stock Forecast page.
Thorney Technologies Limited has provided an update on its on-market share buy-back program, confirming that 16 ordinary fully paid shares were repurchased on the previous trading day, with no shares bought back prior to that date. The daily notification, lodged with the ASX as an update to the buy-back first announced in November 2025, indicates the company is actively using on-market buy-backs as a capital management tool, which may incrementally support the share price and enhance value for remaining shareholders over time.
The most recent analyst rating on (AU:TEK) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Thorney Technologies Limited stock, see the AU:TEK Stock Forecast page.