Logotype for Treasure Global Inc

Treasure Global (TGL) investor relations material

Treasure Global Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Treasure Global Inc
Q4 2025 earnings summary14 Oct, 2025

Executive summary

  • Revenue declined 89.4% year-over-year to $2.3M, driven by a strategic reduction in low-margin e-voucher sales and lower marketing spend, but gross profit rose 104.6% to $1.7M due to a shift to higher-margin software development services.

  • Net loss widened to $23.4M from $6.6M, primarily due to a $19.5M impairment of intangible assets and continued operating losses.

  • The company ended the year with $0.2M in cash and a $61.4M accumulated deficit, raising substantial doubt about its ability to continue as a going concern.

Financial highlights

  • Product and loyalty program revenue fell 97.1% to $0.6M, while customized software development services contributed $1.5M in new revenue.

  • Gross margin improved to 71.6% from 3.7% year-over-year, reflecting the higher-margin business mix.

  • Operating expenses decreased 19.5% to $3.6M for G&A and 92.6% to $0.1M for selling expenses, but R&D increased 58% to $0.2M due to AI infrastructure investments.

  • Cash used in operations was $9.5M, with $5.8M used in investing and $15.4M provided by financing activities.

Outlook and guidance

  • Management expects continued investment in technology and user engagement, but notes ongoing risks to liquidity and the need for additional equity financing.

  • No formal revenue or earnings guidance was provided.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Treasure Global earnings date

Logotype for Treasure Global Inc
Q1 202613 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Treasure Global earnings date

Logotype for Treasure Global Inc
Q1 202613 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Treasure Global Inc. (TGL) is a company that operates in the e-commerce sector. TGL's proprietary product, the ZCITY App, serves as a payment gateway platform, offering a cross-profit-sharing mechanism that enables business owners to promote their products, expand their networks, and benefit from the profits and rewards generated through the platform. The company has rapidly expanded its user base and continues to innovate by leveraging artificial intelligence technology to offer personalized deals, aiming to set itself apart in the highly competitive e-commerce space. The company is headquartered in NYC and its shares are listed on the Nasdaq.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage