Reported Q: Q3 2025 Rev YoY: -58.2% EPS YoY: +147.0% Move: +2.68%
Treasure Global Inc
TGL
$4.60 2.68%
Exchange NASDAQ Sector Technology Industry Software Application
Q3 2025
Published: May 15, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for TGL

Reported

Report Date

May 15, 2025

Quarter Q3 2025

Revenue

666.52K

YoY: -58.2%

EPS

1.09

YoY: +147.0%

Market Move

+2.68%

Previous quarter: Q2 2025

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Earnings Highlights

  • Revenue of $0.67M down 58.2% year-over-year
  • EPS of $1.09 increased by 147% from previous year
  • Gross margin of 73.0%
  • Net income of 1.26M
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TGL
Company TGL

Executive Summary

Treasure Global Inc (TGL) delivered a Q3 2025 results set that shows a clear near-term revenue improvement on a QoQ basis but continues to operate with a negative operating cash flow and a narrower path to sustained profitability. Revenue reported as 666,521 (USD thousands) with gross profit of 486,283 (USD thousands) yields a robust gross margin of 72.96%. Despite the top-line rebound, the company posted an operating loss of 43,409 (USD thousands) and a negative EBITDA of the same magnitude, underscoring ongoing cost pressure and the need for scaling operating leverage.

From a balance-sheet perspective, TGL remains markedly liquidity-rich with a cash balance of 281,027 and a net cash position given negligible debt, implying substantial financial flexibility to fund growth initiatives or potential strategic investments. The balance sheet also shows a sizable intangible asset base (15,153,640) and a strong equity base (total stockholdersโ€™ equity ~29.11 million) which together suggest a heavy reliance on IP and platform economics rather than asset-heavy fixed commitments. Cash flow from operations remained negative (-4,234,842), indicating that even with a substantial gross margin, working-capital dynamics and operating costs are not yet translating into positive cash generation in the quarter. Financing activities contributed a net inflow of 6,412,590, supporting the overall cash trajectory and contributing to a modest net increase in cash for the period.

Key takeaways for investors: (1) The QoQ revenue rebound is meaningful in the context of a YoY decline, but profitability hinges on achieving sustained operating leverage and a return to cash-flow-positive operations; (2) The firmโ€™s cash runway and low debt load provide optionality for strategic investments, partnerships, or M&A that could accelerate growth; (3) The elevated SG&A and R&D levels point to ongoing investment in platform development and market expansion, which is common in technology software plays but requires clear path to margin expansion and sustainable free cash flow in coming quarters.

Key Performance Indicators

Revenue
Decreasing
666.52K
QoQ: 120.78% | YoY: -58.24%
Gross Profit
Increasing
486.28K
72.96% margin
QoQ: 117.14% | YoY: 124.09%
Operating Income
Increasing
-43.41K
QoQ: 93.74% | YoY: 96.83%
Net Income
Increasing
1.26M
QoQ: 642.31% | YoY: 173.54%
EPS
Increasing
1.09
QoQ: 11 000.00% | YoY: 146.98%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 0.18 -0.38 -37.7% View
Q3 2025 0.67 1.09 -58.2% View
Q2 2025 0.30 -0.01 -95.5% View
Q1 2025 0.21 -0.35 -98.5% View
Q4 2024 0.29 -0.64 -98.1% View