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Touch Ventures Ltd.
(Sydney:TVL)
Touch Ventures Ltd. (TVL) vs. iShares MSCI Australia ETF (EWA)
Touch Ventures Ltd. Business Overview & Revenue Model
Touch Ventures Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | -26.90M | -8.45M | -66.46M | 15.69M | 0.00 |
| Gross Profit | -26.90M | -13.94M | -66.46M | 15.69M | 0.00 |
| EBITDA | -29.37M | -12.11M | -70.86M | 11.19M | -1.64M |
| Net Income | -24.86M | -15.42M | -65.17M | 13.89M | -3.41M |
Balance Sheet | |||||
| Total Assets | 84.41M | 109.58M | 124.94M | 191.35M | 60.49M |
| Cash, Cash Equivalents and Short-Term Investments | 44.10M | 58.17M | 53.75M | 78.66M | 27.24M |
| Total Debt | 7.00K | 7.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 285.00K | 638.00K | 420.00K | 1.66M | 304.00K |
| Stockholders Equity | 84.13M | 108.94M | 124.52M | 189.70M | 60.18M |
Cash Flow | |||||
| Free Cash Flow | 933.00K | -1.99M | -4.87M | -4.01M | 300.00K |
| Operating Cash Flow | 933.00K | -1.92M | -4.85M | -3.99M | 302.00K |
| Investing Cash Flow | 5.34M | -30.90M | -34.73M | -59.43M | -34.18M |
| Financing Cash Flow | -78.00K | -526.00K | -361.00K | 114.83M | 63.07M |
Touch Ventures Ltd. Technical Analysis
Touch Ventures Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$59.61M | 4.66 | 14.62% | 2.86% | 454.96% | ― | |
73 Outperform | AU$68.59M | 9.18 | 34.01% | 7.24% | 19.50% | 31.19% | |
72 Outperform | AU$9.25M | 18.39 | 5.45% | 4.02% | 74.85% | 170.29% | |
63 Neutral | $33.85B | 5.90 | -11.67% | 1.83% | 5.25% | -18.21% | |
59 Neutral | AU$14.67M | 4.47 | 19.78% | ― | 379.95% | ― | |
50 Neutral | AU$28.39M | ― | -9.28% | 0.67% | -13.78% | 50.00% | |
42 Neutral | ― | -25.75% | ― | ― | -61.19% |
Touch Ventures Ltd. Corporate Events
Touch Ventures Ltd. reported a net tangible asset backing of A$82.0 million as of June 30, 2025, a slight decrease from the prior month. The company’s cash and term deposits constitute a significant portion of its net asset value. Recent strategic decisions include the sale of PlanPay’s assets, leading to a 14.7% indirect interest in PlannedPay Pty Ltd, and the decision not to participate in a new equity round for Sendle, resulting in a write-down of its investment in Sendle to nil. These moves reflect Touch Ventures’ ongoing portfolio adjustments and have implications for its financial positioning and future investment strategy.
Touch Ventures Limited has announced a change in the director’s interest, specifically involving Glenn Poswell, who controls Gannet Capital Pty Ltd and MG Capital Pty Limited. The company issued 45,000,000 Performance Rights to MG Capital as an incentive component of the management agreement between Gannet and Touch Ventures, following shareholder approval at the Annual General Meeting.
Touch Ventures Limited reported a slight decrease in its Net Tangible Asset Backing for May 2025, with a total of A$83.5 million, down from A$83.6 million in the previous month. The decline is attributed to operating expenses and unrealized foreign currency adjustments. The company’s cash and term deposits make up a significant portion of its net asset value, highlighting its focus on maintaining liquidity.
Touch Ventures Limited announced the cessation of James (Jim) Davis as a director, effective June 2, 2025. Davis held indirect interests in securities through Woodson Capital Entities, which include significant holdings in Woodson Capital Master Fund LP and Woodson Capital Partners II LP. This change in directorship may impact the company’s governance and its relationship with Woodson Capital Entities, a major stakeholder.
Touch Ventures Ltd. announced the retirement of Jim Davis from his role as a Non-Executive Director, effective immediately. Davis, who joined the board in March 2021 and served on the Remuneration and Nomination Committee, brought valuable international insights to the company. His associated entities remain substantial shareholders, indicating continued investment interest. This change is part of the company’s ongoing board evolution, potentially impacting its strategic direction and stakeholder engagement.
Touch Ventures Limited, listed on the ASX under the ticker TVL, announced the results of its 2025 Annual General Meeting, where all resolutions were successfully passed via a poll. The resolutions included the adoption of the remuneration report, the re-election of Mr. Michael Jefferies as director, a management agreement with Gannet Capital Pty Ltd, and the approval of performance rights to Gannet Capital Pty Ltd, an entity associated with director Glenn Poswell. These outcomes reflect strong shareholder support and are likely to influence the company’s strategic direction and governance positively.
Touch Ventures Ltd. presented at its 2025 Annual General Meeting, highlighting its investments in Tixel and Reshop. This presentation underscores the company’s strategic focus on enhancing its portfolio and potentially strengthening its position in the investment industry, which may have implications for stakeholders as the company continues to develop its investment strategies.
Touch Ventures Ltd. announced a strategic shift at its 2025 Annual General Meeting, highlighting a transition year in 2024 where the company reduced its cost base and refocused its investment strategy. The company has appointed Gannet Capital as an external manager to oversee its investment portfolio, with the aim of restoring value through high-quality investment opportunities. This move is expected to increase operating expenses but aligns Gannet’s interests with shareholders through performance-based incentives.
Touch Ventures Limited reported a slight decrease in its Net Tangible Asset Backing as of April 30, 2025, with the figure standing at A$83.6 million, down from A$83.8 million the previous month. The change in NTA per share is primarily attributed to operating expenses and unrealized foreign currency adjustments of investments in foreign currencies, which may impact the company’s financial positioning and stakeholder interests.
Touch Ventures Limited has announced its Annual General Meeting (AGM) scheduled for May 29, 2025, in Sydney. Shareholders are encouraged to submit questions in advance regarding the company’s operations and audit reports. The meeting will provide an opportunity for shareholders to engage with the board and discuss the company’s remuneration report for the year ended December 2024. Voting procedures for the AGM include the option for shareholders to appoint proxies to vote on their behalf, ensuring broad participation in the decision-making process.
Touch Ventures Limited, a company listed on the Australian Securities Exchange (ASX: TVL), has announced a change in its registered office address to 8 O’Brien Street, Bondi Beach, NSW 2026, effective from April 14, 2025. Additionally, the company’s share registry office, managed by MUFG Corporate Markets (AU) Limited, has relocated to Liberty Place, Level 41, 161 Castlereagh Street, Sydney NSW 2000. This change in office locations is part of the company’s operational updates, although it does not affect the telephone numbers or postal address of the share registry.
Touch Ventures Limited has announced a change in the date for its 2025 Annual General Meeting, now scheduled for 11.00am on Thursday, 29 May 2025, at the previously advised venue in Sydney. This change in schedule is part of the company’s ongoing communication with its shareholders, ensuring transparency and timely updates, which is crucial for maintaining investor confidence and engagement.