TREASURE GLOBAL INC (TGL) Form 10-Q — May 20, 2026
Treasure Global Inc reported a net loss of $7.6 million for the nine months ended March 31, 2026, driven by recurring operational losses of $13.6 million and significant impairment charges of $22.6 million on intangible assets. The company generated $2.8 million in revenue, primarily from its ZCITY e-commerce platform, but management disclosed substantial doubt about its ability to continue as a going concern due to an accumulated deficit of $69 million and insufficient funds to meet future obligations.
Key figures
- Revenue
- 2764426
- Total Debt
- 0
- Revenue Yoy
- 135.6%
- Cash Position
- 2913960
- Shares Outstanding
- 1675725
- Recurring loss 9m
- 13600000
- Accumulated deficit
- 68972557
- Reverse split dec 2025
- 1:20
- Reverse split april 2025
- 1:50
- Impaired intangible assets
- 22562180
- Net operating cash outflow 9m
- 5200000
- Allowance for credit loss other receivables
- 3798438
- Allowance for credit loss accounts receivable
- 735309
Price after filing
Close on the filing date to close N calendar days later (from $3.91). Historical, not a forecast.
AI analysis
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