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Treasure Global, Inc. (TGL)
NASDAQ:TGL
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Treasure Global, Inc.
(NASDAQ:TGL)
Rating:45Neutral
Price Target:
$1.00
▼(-10.71%Downside)
Treasure Global, Inc. (TGL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.46M
Dividend YieldN/A
Average Volume (3M)2.01M
Price to Earnings (P/E)―
Beta (1Y)-0.12
Revenue Growth-96.03%
EPS Growth95.03%
CountryUS
Employees25
SectorTechnology
Sector Strength89
IndustrySoftware - Application
Share Statistics
EPS (TTM)1.09
Shares Outstanding3,807,842
10 Day Avg. Volume168,141
30 Day Avg. Volume2,014,077
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.19
Price to Sales (P/S)0.00
P/FCF Ratio-0.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1.00Price Target Upside-10.71% Downside
Rating ConsensusHold
Number of Analyst Covering1
Treasure Global, Inc. Business Overview & Revenue Model
Company DescriptionTreasure Global Inc. designs and develops a Malaysian e-commerce platform that helps subscribers to connect with local merchants by offer activities, travel, goods, services and rewards. The company offers z-city, a cross profit-sharing platform that allows business owners to promote their product, increase their network, and reap the profits and rewards. Treasure Global Inc. was founded in 2020 and is based in New York, New York.
How the Company Makes MoneyTreasure Global, Inc. generates revenue through transaction fees charged on its digital payment platform, as well as through partnerships with merchants who utilize their loyalty rewards program to attract and retain customers. The company also earns income from licensing its technology to third parties and through strategic alliances that expand its market reach. Key factors contributing to its earnings include the growth of digital commerce, increased adoption of fintech solutions, and the company's ability to form valuable partnerships with other businesses in the retail and financial sectors.
Treasure Global, Inc. Earnings Call Summary
Earnings Call Date:May 15, 2025
(Q3-2024)
| % Change Since: -38.46%|
Next Earnings Date:Dec 23, 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.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.20
Very Negative
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
Negative
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.30
Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.40M | 22.07M | 69.41M | 79.67M | 14.02M | 268.17K |
| Gross Profit | 703.95K | 816.06K | 523.28K | 476.19K | 139.94K | 42.99K |
| EBITDA | -3.98M | -5.35M | -10.10M | -10.06M | -7.51M | -110.97K |
| Net Income | -4.44M | -6.59M | -11.73M | -11.75M | -7.92M | -110.97K |
Balance Sheet | ||||||
| Total Assets | 19.10M | 4.28M | 6.37M | 2.70M | 3.69M | 635.38K |
| Cash, Cash Equivalents and Short-Term Investments | 762.88K | 371.65K | 4.59M | 1.85M | 2.84M | 372.00 |
| Total Debt | 7.25K | 64.71K | 5.03M | 14.89M | 5.07M | 54.44K |
| Total Liabilities | 694.08K | 897.85K | 6.50M | 18.30M | 10.21M | 214.72K |
| Stockholders Equity | 18.40M | 3.38M | -130.33K | -15.60M | -6.52M | 420.65K |
Cash Flow | ||||||
| Free Cash Flow | -2.14M | -4.92M | -9.65M | -8.98M | -6.88M | -489.65K |
| Operating Cash Flow | -3.19M | -4.71M | -9.56M | -8.66M | -6.80M | -489.30K |
| Investing Cash Flow | -2.24M | -252.61K | -61.24K | -311.74K | -84.85K | -342.00 |
| Financing Cash Flow | 4.37M | 350.47K | 12.66M | 8.16M | 9.80M | 493.87K |
Treasure Global, Inc. Technical Analysis
Negative
1.12
Price Trends
1.50
Negative
3.33
Negative
13.19
Negative
Market Momentum
-0.12
Negative
38.69
Neutral
41.92
Neutral
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 1.12 is below the 20-day moving average (MA) of 1.16, below the 50-day MA of 1.50, and below the 200-day MA of 13.19, indicating a bearish trend. The MACD of -0.12 indicates Negative momentum. The RSI at 38.69 is Neutral, neither overbought nor oversold. The STOCH value of 41.92 is Neutral, 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 (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $33.87B | 5.80 | -11.87% | 1.82% | 5.31% | -18.50% | |
55 Neutral | $11.16M | ― | -66.08% | ― | 3125.00% | 98.06% | |
53 Neutral | $7.87M | ― | -369.03% | ― | -34.68% | -265.79% | |
47 Neutral | $6.66M | ― | -528.72% | ― | -15.60% | 64.21% | |
45 Neutral | $4.46M | ― | -8.88% | ― | -96.03% | 95.03% | |
| $7.25M | ― | -79.06% | ― | ― | ― | ||
39 Underperform | $12.36M | ― | ― | ― | ― |
* Technology Sector Average
Performance Comparison
TGL
Treasure Global, Inc.
1.12
-121.88
-99.09%
FTFT
Future FinTech Group
1.51
-2.68
-63.96%
VERB
Verb Technology Company
7.93
-16.09
-66.99%
SOPA
Society Pass
1.28
0.01
0.79%
NVNI
Nvni Group
0.34
-0.82
-70.69%
IDAI
T Stamp, Inc. Class A
3.11
-3.41
-52.30%
Treasure Global, Inc. Corporate Events
Delistings and Listing ChangesShareholder MeetingsRegulatory Filings and Compliance
Treasure Global Faces Nasdaq Listing Compliance Notice
Neutral
Jul 9, 2025
On July 2, 2025, Treasure Global Inc received a notification from Nasdaq indicating a failure to meet a continued listing standard due to not holding an annual stockholders’ meeting within the required timeframe. This notification does not affect the current listing or trading of the company’s securities. The company has 45 days to submit a compliance plan, and if accepted, it may be granted an extension to regain compliance. The company is actively working to meet the requirements, including planning a virtual stockholders’ meeting on August 5, 2025.
Executive/Board Changes
Treasure Global Appoints New Chief Financial Officer
Neutral
Jul 7, 2025
On July 1, 2025, Treasure Global Inc. announced the resignation of Sook Lee Chin as Chief Financial Officer, with See Wah “Sylvia” Chan appointed as her successor on the same day. Ms. Chan, who previously served as Deputy CFO, brings a wealth of experience as a Chartered Accountant and former Group Financial Controller.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.