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Treasure Global, Inc. (TGL)
NASDAQ:TGL
RESEARCH TOOLSreports
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Treasure Global, Inc.
(NASDAQ:TGL)
34Underperform
Treasure Global, Inc. (TGL) vs. S&P 500 (SPY)
Market Cap
$2.96M
Dividend YieldN/A
Average Volume (3M)4.58M
Price to Earnings (P/E)―
Beta (1Y)-0.89
Revenue Growth-95.52%
EPS Growth-625.88%
CountryUS
Employees25
SectorTechnology
Sector Strength65
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,628,536
10 Day Avg. Volume232,663
30 Day Avg. Volume4,580,816
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Treasure Global, Inc. Business Overview & Revenue Model
Company DescriptionTreasure Global, Inc. (TGL) is a technology-driven company primarily operating in the digital payments and loyalty rewards sector. The company focuses on enhancing consumer engagement and transaction efficiency by offering innovative payment solutions and customer loyalty programs. Its core products include mobile applications and platforms designed to facilitate seamless transactions and reward systems for consumers and businesses.
How the Company Makes MoneyTreasure Global, Inc. makes money through a revenue model that includes transaction fees, subscription fees, and partnerships with retailers and businesses. The company generates revenue by charging fees on transactions processed through its digital payment platforms. Additionally, it offers subscription-based services for businesses looking to integrate loyalty programs into their operations, providing them with tools to better engage their customers. Strategic partnerships with retailers and other businesses also play a significant role, as these partnerships help expand the company's reach and facilitate a broader adoption of its payment and loyalty solutions.
Treasure Global, Inc. Financial Statement Overview
Summary
Treasure Global, Inc. struggles with declining revenue, persistent losses, and liquidity issues, despite an improved debt position. Negative margins, equity concerns, and cash flow challenges highlight financial instability.Income Statement
The income statement shows a significant decline in revenue over the years, with a shrinking gross profit margin from previous periods. The company is experiencing consistent negative EBIT and net income, indicating operational inefficiencies and profitability challenges. Revenue growth has been negative, contributing to a low score in this vertical.―
Balance Sheet
The balance sheet reveals a transition from high leverage in prior years to a debt-free status in the latest TTM. However, the negative stockholders' equity in previous years and low return on equity highlight ongoing financial instability. The company's equity ratio has improved, suggesting better asset management, but the overall weak financial health limits the score.40
Cash Flow
The cash flow statement indicates negative operating and free cash flows, reflecting liquidity issues. There is no visible growth in free cash flow, and the operating cash flow to net income ratio is adversely affected by persistent losses. Although financing activities have provided some cash inflow, they have not been sufficient to stabilize cash flow metrics.―
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 22.07M | 69.41M | 79.67M | 14.02M | 268.17K | Gross Profit |
| 816.06K | 523.28K | 476.19K | 139.94K | 42.99K | EBIT |
| -6.06M | -10.24M | -10.18M | -7.59M | -110.97K | EBITDA |
| -5.35M | -10.10M | -10.06M | -7.51M | -110.97K | Net Income Common Stockholders |
| -6.59M | -11.73M | -11.75M | -7.92M | -110.97K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 371.65K | 4.59M | 1.85M | 2.84M | 372.00 | Total Assets |
| 4.28M | 6.37M | 2.70M | 3.69M | 635.38K | Total Debt |
| 64.71K | 5.03M | 14.89M | 5.07M | 54.44K | Net Debt |
| -135.30K | 434.11K | 13.05M | 2.22M | 54.07K | Total Liabilities |
| 897.85K | 6.50M | 18.30M | 10.21M | 214.72K | Stockholders Equity |
| 3.38M | -130.33K | -15.60M | -6.52M | 420.65K |
| Cash Flow | Free Cash Flow | |||
| -4.92M | -9.65M | -8.98M | -6.88M | -489.65K | Operating Cash Flow |
| -4.71M | -9.56M | -8.66M | -6.80M | -489.30K | Investing Cash Flow |
| -252.61K | -61.24K | -311.74K | -84.85K | -342.00 | Financing Cash Flow |
| 350.47K | 12.66M | 8.16M | 9.80M | 493.87K |
Treasure Global, Inc. Technical Analysis
Negative
1.65
Price Trends
4.18
Negative
7.03
Negative
23.46
Negative
Market Momentum
-0.64
Negative
29.75
Positive
3.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TGL, the sentiment is Negative. The current price of 1.65 is below the 20-day moving average (MA) of 2.27, below the 50-day MA of 4.18, and below the 200-day MA of 23.46, indicating a bearish trend. The MACD of -0.64 indicates Negative momentum. The RSI at 29.75 is Positive, neither overbought nor oversold. The STOCH value of 3.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TGL.
Treasure Global, Inc. Risk Analysis
Treasure Global, Inc. disclosed 48 risk factors in its most recent earnings report. Treasure Global, Inc. reported the most risks in the “Tech & Innovation” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Treasure Global, Inc. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $10.77B | 10.41 | -6.71% | 2.99% | 7.69% | -13.12% | |
47 Neutral | $5.69M | ― | -106.89% | ― | -60.68% | 96.58% | |
43 Neutral | $5.10M | ― | -312.80% | ― | -32.41% | -207.11% | |
42 Neutral | $5.20M | ― | -601.50% | ― | -13.05% | 62.51% | |
34 Underperform | $2.96M | ― | -37.33% | ― | -95.52% | -625.88% | |
31 Underperform | $14.85M | ― | ― | ― | ― |
* Technology Sector Average
Performance Comparison
TGL
Treasure Global, Inc.
1.66
-233.34
-99.29%
VERB
Verb Technology Company
5.87
-22.13
-79.04%
SOPA
Society Pass
1.27
-0.87
-40.65%
NVNI
Nvni Group
0.53
-0.88
-62.41%
IDAI
T Stamp, Inc. Class A
2.32
-10.20
-81.47%
Treasure Global, Inc. Earnings Call Summary
Earnings Call Date:Feb 12, 2025
(Q3-2024)
| % Change Since: -79.11%|
Next Earnings Date:May 13, 2025
Earnings Call Sentiment Neutral
Treasure Global demonstrated significant achievements in AI and blockchain, as well as improved profitability and recognition in the e-commerce sector. However, these gains were overshadowed by a substantial revenue decline and reduced cash reserves, indicating challenges in maintaining user engagement and financial stability.Q3-2024 Updates
Positive Updates
ZCITY Premium Store Success
The launch of the ZCITY Premium Store exceeded expectations, enhancing gross profit margins and driving transactions with over 6,000 Bill Saver Bonanza Packs sold in four months.
AI and Blockchain Initiatives
Treasure Global strengthened its position in the blockchain market with new partnerships and AI initiatives, including an exclusive AI wallet on Telegram and collaboration with AIO Synergy to revolutionize the AI landscape.
Significant Gross Profit Increase
Gross profit reached USD 217,000, marking a substantial increase of 47% compared to the same period last year.
Decrease in Net Losses
Net losses decreased substantially to approximately USD 1.7 million compared to USD 2.9 million in the third quarter of fiscal year 2023.
Marketing Contract Achievement
Secured a USD 2 million marketing contract with Satria Dunia Sdn Bhd to showcase Korean beauty products using ZCITY's AI marketing engine.
Recognition at Asia eCommerce Awards
ZCITY won a silver trophy for the best e-commerce solution at the MARKETING-INTERACTIVE Asia eCommerce Awards 2023.
Negative Updates
Revenue Decline
Total revenue for the quarter was USD 1.6 million, reflecting a decrease of approximately 76% compared to USD 6.7 million in the second quarter of fiscal year 2024.
Decline in Quarterly Active Users
Quarterly active users for the quarter ending March 31, 2024, decreased despite ongoing efforts to enhance ZCITY's features and offerings.
Cash Balance Reduction
Cash balance decreased to approximately USD 0.3 million from USD 4.1 million as of March 31, 2023.
Company Guidance
In the third quarter of fiscal year 2024, Treasure Global Inc. demonstrated significant progress across various metrics, despite a challenging macro environment. The company reported a substantial increase in gross profit, reaching USD 217,000, up by 47% from the previous year. However, total revenue for the quarter saw a decline to USD 1.6 million, a 76% drop compared to the previous quarter, attributed to the strategic shift towards higher-margin business channels. Net losses decreased significantly to approximately USD 1.7 million from USD 2.9 million the previous year, driven by cost management and operational efficiency improvements. The company's cash balance stood at approximately USD 0.3 million as of March 31, 2024, with future sales expected to bolster this position. ZCITY, a key platform for Treasure Global, reported over 2.69 million registered users, 2,027 registered merchants, and 41,455 quarterly active users, with 0.19 million transactions recorded in the quarter. Despite some declines in user engagement, the company remains optimistic about ZCITY's long-term growth potential, focusing on enhancing features and offerings. The call highlighted the company's strategic initiatives, including AI-driven innovations, market expansion, and a new partnership within the blockchain sector, as well as a USD 2 million marketing contract with Satria Dunia Sdn Bhd to promote Korean beauty products. Treasure Global's commitment to innovation and strategic market positioning is poised to drive sustained growth and shareholder value.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.