TREASURE GLOBAL INC

Listed Company

TGLCIK 0001905956NasdaqEmerging GrowthServices-Business Services, NecDelawareFY ends Jun 30

Period

FY 2025

Revenue

$2.33M

Net Income

$-23.38M

Total Assets

$14.87M

Equity

$10.74M

Shares Out

1.68M

Op. Cash Flow

$-9.48M

Business

Treasure Global Inc operates an online-to-offline e-commerce platform that provides instant rebates, affiliate cashback programs and a seamless e-payment solution connecting online and physical merchants. Its primary offering is the ZCITY App, which delivers reward points, branded e‑vouchers, bill payment, an e‑mall (Zstore), Smart F&B merchant tools, gamification features and AI-driven personalization. The company conducts consumer‑facing and merchant‑facing businesses through its Malaysian subsidiary TADAA Technologies Sdn. Bhd., including services to merchants and membership subscriptions. Treasure Global distributes the ZCITY App via major mobile app stores and through partnerships with local payment gateways, e‑wallets, merchants and bill‑payment service providers in Malaysia.

Summary from filing dated 2025-10-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
REVENUES	2	22	69	80	14
COST OF REVENUES	−660,732	−21	−69	−79	−14
GROSS PROFIT	2	816,062	523,284	476,188	139,945
SELLING	−129,467	−2	−5	−6	−3
GENERAL AND ADMINISTRATIVE	−4	−5	−5	−3	−4
LONG-LIVE ASSETS IMPAIRMENT	−20	—	—	—	—
RESEARCH AND DEVELOPMENT	−215,900	−513,524	−549,065	−266,716	−435,471
STOCK-BASED COMPENSATION	−208,445	−93,111	−819,332	−1	—
TOTAL OPERATING EXPENSES	−24	−7	−11	−11	−8
LOSS FROM OPERATIONS	−22	−6	−10	−10	−8
Other income, net	89,354	102,514	−7,937	54,854	−327,592
Interest expense	−4,999	−74,920	−95,242	—	—
Net loss on marketable securities	−170,817	−828,367	—	—	—
Change in fair value of derivative liabilities	2	—	—	—	—
Share-based compensation adjustment	−3	—	—	—	—
Other income from software developing service, net of cost	—	675,131	—	—	—
Amortization of debt discount	—	−358,284	−1	−1	−238,917
TOTAL OTHER EXPENSE, NET	−996,090	−483,926	−1	−2	—
LOSS BEFORE INCOME TAXES	−23	−7	−12	−12	−8
PROVISION FOR INCOME TAXES	−349,487	−39,715	−97,616	−15,600	−2,000
NET LOSS	−23	−7	−12	−12	−8
Foreign currency translation adjustments	−110,961	411,580	−271,141	154,104	−43,145
COMPREHENSIVE LOSS	−23	−6	−12	−12	−8
Basic (in Dollars per share)	−19.87	−383.54	−49.18	−1.12	−0.77
Diluted (in Dollars per share)	−19.87	−383.54	−49.18	−1.12	−0.77
Basic (in Shares)	1	17,173	238,457	10	10
Diluted (in Shares)	1	17,173	238,457	10	10

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-07-31	FY 2022 2022-06-30
Cash and cash equivalents	236,895	200,013	5	—	2
Investment in marketable securities	—	171,633	—	—	—
Accounts receivable, net	2	—	163,169	—	—
Inventories, net	13,184	27,467	400,543	—	216,069
Other receivables and other current assets, net	3	186,829	—	—	—
Prepayments	304,771	358,526	248,551	—	203,020
Total current assets	6	956,714	6	—	2
Property and equipment, net	109,539	173,678	279,600	—	337,645
Intangible assets, net	3	3	—	—	—
Operating lease right-of-use assets	114,375	17,257	61,377	—	84,829
Other receivables and other assets, non-current, net	6	—	—	—	—
Total other assets	9	3	340,977	—	431,181
TOTAL ASSETS	15	4	6	—	3
Insurance loan	40,490	38,371	160,292	—	—
Accounts payable	19,997	22,441	42,853	—	25,397
Customer deposits	—	70,080	161,475	—	73,317
Contract liability	872	188,748	157,080	—	56,757
Other payables and accrued liabilities	3	508,657	—	—	—
Operating lease liabilities	36,606	17,257	40,274	—	—
Income tax payables	120,000	42,456	67,546	—	16,445
Total current liabilities	4	895,109	6	—	18
Derivative liabilities	383,886	—	—	—	—
Related party loan, non-current portion	—	2,743	—	—	—
Operating lease liabilities -non current	77,007	—	22,036	—	—
Total non-current liabilities	460,893	2,743	30,135	—	78,883
TOTAL LIABILITIES	4	897,852	7	—	18
COMMITMENTS AND CONTINGENCIES	—	—	—	—	—
Common stock, par value $0.00001; 600,000,000 shares authorized, 4,149,405 and 33,432 shares issued and outstanding as of June 30, 2025 and 2024, respectively*	41	—	3	439,332	105
Additional paid-in capital	72	41	31	—	—
Accumulated deficit	−61	−38	−31	—	−20
Accumulated other comprehensive income	128,002	238,963	−172,617	—	98,524
TOTAL STOCKHOLDERS EQUITY	11	3	−130,332	—	−16
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	15	4	6	—	3

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Depreciation	76,970	117,907	—	—	—
Amortization of intangible assets	796,684	612,909	—	—	—
Amortization of operating right-of-use assets	22,344	34,561	35,034	—	—
Allowance for credit losses	854,849	395,302	—	—	—
Inventories impairment	—	483	—	—	—
Other income from software developing service	—	−1	—	—	—
Gain from disposal of subsidiaries	—	−203,333	—	—	—
Gain from disposal of motor vehicle	−19,646	—	—	—	—
Long-live assets impairment	20	—	—	—	—
Accounts receivable	−2	−39,559	−170,107	107,233	−21,287
Inventories	16,829	340,605	−204,028	151,184	−394,883
Other receivables and other assets	−7	390,355	—	—	—
Prepayments	92,751	−113,183	−58,941	−35,730	−180,091
Accounts payable	−5,740	264,745	19,588	−17,648	16,122
Customer deposits	−75,108	−90,086	—	—	—
Contract liability	−201,457	33,515	107,474	47,066	12,373
Other payables and accrued liabilities	3	−96,398	468,492	719,184	379,076
Operating lease liabilities	−23,073	−27,163	−34,065	—	—
Income tax payables	86,410	−26,605	49,550	—	—
Net cash used in operating activities	−9	−5	−10	−9	−7
Purchases of equipment	−14,818	−16,740	−86,964	−312,358	−84,850
Proceeds from sales of motor vehicle	38,864	—	—	—	—
Purchases of intangible asset	—	−191,119	—	—	—
Prepayment of purchase consideration for business combination	−223,768	—	—	—	—
Cash released from disposal of subsidiaries, net of cash received	—	−44,755	—	—	—
Collaboration deposit	−6	—	—	—	—
Proceeds from sale of investment in marketable securities	816	—	—	—	—
Net cash used in investing activities	−6	−252,614	−61,244	−311,739	−84,850
Proceeds from issuance of common stock in market offering	2	431,811	—	—	—
Proceeds from Issuance of common stock and warrant under share purchase agreement	12	—	—	—	—
Proceeds from Issuance of common stock under subscripiton agreement	1	—	—	—	—
Proceeds from issuance of common stock and prefunded warrants in Public Offering	—	3	—	—	—
Proceeds from exercise of warrants into common stock	63,567	—	—	—	—
Proceeds received from exercising prefunded warrants	—	1,400	—	—	—
Capital contribution	—	16,348	—	0	240,754
Proceed from insurance loan	51,211	—	—	—	—
Principal payments of insurance loan	−49,092	−184,886	−104,271	—	—
Payments of related party loan	−4,823	−4,215	−4,105	−5,434	−2,416
Other payable, related party	—	—	−2	−2	—
Repayments of convertible notes	—	−3	—	—	—
Net cash provided by financing activities	15	350,473	13	8	10
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	−144,013	221,326	−289,257	—	—
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	36,882	−4	3	−998,166	3
Income taxes paid	183,222	29,957	46,450	1,628	30,671
Interest paid	2,062	51,333	65,679	291,433	93,191
Fair value of common stock issued to consultant	—	82,000	819,332	—	—
Vesting of employee stock compensation	208,445	11,111	—	—	—
Conversion of convertible note payable, net of unamortized discounts	—	2	—	—	—
Right-of-use assets in exchange for operating lease liabilities	113,243	—	—	—	—
Financing insurance premium paid by insurance loan	56,669	62,965	264,563	—	—
Issuance of common stock for software development	17	—	—	—	—
Acquisition of intangible assets through settlement of other receivables	620,000	—	—	—	—
Marketable securities received as in exchange of software developing service	—	1	—	—	—
Issuance of common stock to related parties for debts cancellation	—	321,562	—	—	—
Issuance of common stock for acquiring intangible assets	—	4	—	—	—
Allocation of fair value of derivative liabilities for issuance of common stock	2	—	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro