Top Page
Treasure Global, Inc.
(NASDAQ:TGL)
Treasure Global, Inc. (TGL) vs. SPDR S&P 500 ETF (SPY)
Treasure Global, Inc. Business Overview & Revenue Model
Treasure Global, Inc. Earnings Call Summary
Treasure Global, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.31M | 2.33M | 22.07M | 69.41M | 79.67M | 14.02M |
| Gross Profit | 1.50M | 1.67M | 816.06K | 523.28K | 476.19K | 139.94K |
| EBITDA | -3.56M | -4.37M | -5.35M | -10.10M | -10.06M | -7.51M |
| Net Income | -24.56M | -23.38M | -6.59M | -11.73M | -11.75M | -7.92M |
Balance Sheet | ||||||
| Total Assets | 16.59M | 14.87M | 4.28M | 6.37M | 2.70M | 3.69M |
| Cash, Cash Equivalents and Short-Term Investments | 1.25M | 236.90K | 371.65K | 4.59M | 1.85M | 2.84M |
| Total Debt | 115.35K | 159.24K | 64.71K | 5.03M | 14.89M | 5.07M |
| Total Liabilities | 4.62M | 4.13M | 897.85K | 6.50M | 18.30M | 10.21M |
| Stockholders Equity | 11.97M | 10.74M | 3.38M | -130.33K | -15.60M | -6.52M |
Cash Flow | ||||||
| Free Cash Flow | -11.12M | -9.48M | -4.92M | -9.65M | -8.98M | -6.88M |
| Operating Cash Flow | -10.46M | -9.48M | -4.71M | -9.56M | -8.66M | -6.80M |
| Investing Cash Flow | -5.11M | -5.77M | -252.61K | -61.24K | -311.74K | -84.85K |
| Financing Cash Flow | 16.78M | 15.43M | 350.47K | 12.66M | 8.16M | 9.80M |
Treasure Global, Inc. Technical Analysis
Treasure Global, Inc. Risk Analysis
Treasure Global, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | $6.02M | 0.04 | 2.46% | ― | ― | ― | |
49 Neutral | $1.12M | 0.55 | 0.62% | ― | -28.50% | ― | |
47 Neutral | $2.92M | ― | ― | ― | ― | ― | |
45 Neutral | $2.03M | -0.10 | ― | ― | -36.45% | 82.61% | |
41 Neutral | $10.36M | -0.06 | -269.14% | ― | -73.83% | 98.11% |
Treasure Global, Inc. Corporate Events
On December 26, 2025, Treasure Global, Inc. entered into a third supplemental letter agreement with V Gallant SDN BHD to amend their existing services arrangement for generative AI solutions and AI digital human technology, reducing the total consideration from $16 million to $10.8 million. As the company had already paid $16 million under the original terms, the amended consideration is deemed fully satisfied, and the $5.2 million excess will be converted into V Gallant Limited shares at $4.00 per share, giving Treasure Global an equity stake in its AI technology partner and eliminating any further payment obligations for these services.
The most recent analyst rating on (TGL) stock is a Sell with a $9.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
Treasure Global, Inc. has entered into a Share Sale Agreement dated December 22, 2025, to divest a non-core food and beverage platform, after which it will no longer own any equity interest in the target or its subsidiary nor manage or operate that business. The transaction, which is not deemed a disposition of a significant amount of assets under applicable regulations, is intended to streamline and simplify the company’s corporate and operating structure and reallocate capital and management attention toward its core, asset-light, and more scalable fintech and digital-asset initiatives, aligning its asset base with its growth, capital markets, and listing objectives and enabling a greater share of resources to be directed to higher-margin digital operations over time.
The most recent analyst rating on (TGL) stock is a Sell with a $9.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On December 15, 2025, Treasure Global, Inc. announced the resignation of its Chief Financial Officer, Ms. Chan See Wah, effective December 31, 2025, and the promotion of Mr. Pusparajan a/l Vadiveloo as her replacement, effective December 17, 2025. Mr. Pusparajan, who has over 11 years of experience in accounting and finance, brings expertise in IT, telecommunications, and manufacturing, positioning the company to benefit from his leadership. This transition reflects the company’s continuity in operations with no significant changes to compensation terms, ensuring stability for stakeholders and clients alike.
The most recent analyst rating on (TGL) stock is a Sell with a $9.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On December 10, 2025, Treasure Global Inc. announced the pricing of a registered direct offering, raising USD 2,500,000 through the sale of 250,000 shares of common stock. The offering, which closed on December 12, 2025, was conducted under the company’s shelf registration statement and involved D. Boral Capital LLC as the exclusive placement agent. This capital raise is expected to support Treasure Global’s ongoing efforts to expand its digital platforms and enhance its market position in Southeast Asia.
The most recent analyst rating on (TGL) stock is a Sell with a $9.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
Treasure Global Inc. announced a 1-for-20 reverse stock split of its common stock, effective December 5, 2025, to comply with Nasdaq’s minimum bid price requirement. This move consolidates every 20 shares into one, reducing the total outstanding shares and adjusting equity awards proportionately, while maintaining the same par value and authorized shares. The reverse split aims to stabilize the stock’s trading price and ensure continued Nasdaq listing compliance.
The most recent analyst rating on (TGL) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On December 2, 2025, Treasure Global Inc. received a delisting notice from Nasdaq due to non-compliance with the minimum bid price requirement and previous reverse stock splits exceeding a 250-for-1 ratio. The company plans to appeal this decision and present a compliance plan to a Nasdaq Hearings Panel, allowing its stock to continue trading on Nasdaq during the appeal process. The delisting notice does not impact the company’s business operations or reporting obligations.
The most recent analyst rating on (TGL) stock is a Sell with a $0.49 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On November 24, 2025, Treasure Global Inc. held its virtual 2025 Special Stockholders Meeting, where a quorum was present with 53.47% of the voting shares represented. During the meeting, stockholders approved an amendment to the Company’s Certificate of Incorporation to allow the Board to effect a reverse stock split to maintain compliance with Nasdaq Listing Rule 5550(a)(2), and also approved the potential adjournment of the meeting to solicit additional proxies if necessary.
The most recent analyst rating on (TGL) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On November 18, 2025, Treasure Global Inc. announced its intention to acquire 51% of Quarters Elite Advisory Sdn Bhd by entering into a letter of intent with Tee Chee Siong. The proposed transaction, valued at approximately $1.2 million, is subject to due diligence and the signing of a definitive agreement. While the letter of intent is largely non-binding, it indicates Treasure Global’s strategic move to expand its market presence, though the completion of the transaction remains uncertain.
The most recent analyst rating on (TGL) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On November 14, 2025, Treasure Global Inc entered into a Lock-Up Agreement with certain stockholders to support market stability and enhance long-term shareholder value. The agreement restricts stockholders from selling or transferring shares of the company’s common stock for one year, with limited exceptions, aiming to stabilize the stock price and build investor confidence.
The most recent analyst rating on (TGL) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On November 10, 2025, Treasure Global Inc entered into a service agreement with Myviko Holding Sdn Bhd to provide services related to a digital currency wallet and exchange platform. The agreement, valued at $5,000,000, includes a payment of $3,500,000 through cash and company stock, with the stock subject to a six-month restriction period.
The most recent analyst rating on (TGL) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On October 24, 2025, Treasure Global Inc entered into a marketing consultancy agreement with Pepe Cemerlang Marketing, a Malaysian company, to provide financial advisory, strategic business planning, and investor and public relations services. This agreement, effective for twelve months, involves a payment of USD 1,000,000 to the consultant, with provisions for termination and renegotiation, potentially impacting the company’s strategic positioning and stakeholder relations.
The most recent analyst rating on (TGL) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On October 27, 2025, Treasure Global Inc. entered into a management consultancy agreement with Astute All Advisory Ltd, a Malaysian company. This agreement, lasting for 24 months, involves Astute All Advisory Ltd providing management consultancy and business strategy planning services to Treasure Global Inc. The agreement outlines a service fee of $1,500,000, which Treasure Global Inc. can pay in cash or in common stock at a rate of $0.90 per share. This strategic partnership is expected to enhance Treasure Global Inc.’s management capabilities and strategic planning, potentially impacting its operational efficiency and market positioning.
The most recent analyst rating on (TGL) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On October 22, 2025, Treasure Global Inc. appointed Chong Chan “Sam” Teo as Executive Director and Head of Operations, marking his return to the company after a period of personal pursuits. Teo, an experienced strategist in fintech and e-commerce, previously served as the company’s CEO and COO, and his reappointment aims to bolster governance and strategic growth. Additionally, Y. Bhg. Datin Nurfatin Binti Mufti was appointed as Independent Director, bringing extensive experience in construction, retail, and food & beverage sectors. Her appointment is expected to enhance the company’s operational leadership and supply-chain capabilities, aligning with its domestic expansion goals.
The most recent analyst rating on (TGL) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.
On October 22, 2025, Treasure Global Inc. entered into a sale and purchase agreement with Nexe Cloud Limited for the acquisition of an AI server, valued at $750,000. The payment involves a combination of cash and company shares, with the transaction expected to impact the company’s technological capabilities and market competitiveness. Additionally, on October 21, 2025, Treasure Global Inc. signed a service agreement with Weshare Management SDN BHD for the provision of certain services over a two-year period, valued at $1,500,000, to be paid in company shares. This agreement aims to enhance the company’s service offerings and operational efficiency.
The most recent analyst rating on (TGL) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Treasure Global, Inc. stock, see the TGL Stock Forecast page.