Treasure Global to Report Second Quarter Fiscal Year 2024 Results on February 14, 2024

$TGL
Business Services
Consumer Discretionary
Get the next $TGL alert in real time by email

Hosts conference call on Thursday, February 15, 2024

NEW YORK and KUALA LUMPUR, Malaysia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("TGL" or the "Company"), an innovative technology solutions provider, today announced that it will report its financial results for the second quarter of fiscal year 2024, which ended on December 31, 2023, after market close on Wednesday, February 14, 2024.

  

The Company will host a conference call and audio webcast the next morning, Thursday, February 15, 2024, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, Chief Executive Officer of TGL and Michael Chan, Chief Financial Officer of TGL.

Event:Treasure Global Second Quarter Fiscal Year 2024 Results Conference Call
Date:Thursday, February 15, 2024
Time:8:30 a.m. Eastern Time
Live Call:+1-877-704-4453 (Toll Free) or +1-201-389-0920 (International)
Webcast:https://viavid.webcasts.com/starthere.jsp?ei=1654371&tp_key=065b94d7d1

For interested individuals unable to join the conference call, a replay will be available through February 29, 2024, at +1-844-512-2921 (U.S. Toll Free) or +1-412-317-6671 (International). Participants must use the following code to access the replay of the call: 13744158. An archived version of the webcast will also be available on TGL's Investor Relations site: https://ir.treasureglobal.co/.

About Treasure Global Inc

Treasure Global is a Malaysian solutions provider developing innovative technology platforms. Treasure Global has developed two technology solutions: the ZCITY App, a unique digital ecosystem that transforms and simplifies the e-payment experience for consumers, while simultaneously allowing them to earn rewards; and TAZTE, a digital F&B management system providing merchants with a one-stop management and automated solution to digitize their businesses. Treasure Global also acts as a master franchiser in Southeast Asia for popular restaurant chains, while providing them with the TAZTE solution. As of November 28, 2023, ZCITY had over 2,670,000 registered users.

For more information, please visit https://treasureglobal.co/

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate" and "continue" or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2023 and subsequent filings filed with the Securities Exchange Commission ("SEC"). Copies of these documents are available on the SEC's website, www.sec.gov. These forward-looking statements cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

For further information, please contact:

U.S. Investor Contact

Erika Kay

KCSA Strategic Communications

ir_us@treasuregroup.co

Malaysian Investor Contacts

ir_my@treasuregroup.co

Media Contact

Sue Chuah, Chief Marketing Officer

Treasure Global Inc

mediacontact@treasuregroup.co  



Primary Logo

Get the next $TGL alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$TGL

DatePrice TargetRatingAnalyst
More analyst ratings

$TGL
Press Releases

Fastest customizable press release news feed in the world

See more
  • Treasure Global Inc. Reports Second Quarter Year 2025 Financial Results

    NEW YORK and KUALA LUMPUR, Malaysia, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, today announced its financial results for the second quarter ended December 31, 2024. Key Financial Highlights Revenue for the second quarter was $0.30 million, a 46% increase from $0.21 million in the first quarter of fiscal 2025. However, on a year-on-year basis, revenue declined 96% from $6.71 million in Q2 2024.Gross profit was $0.22 million, up 30% from $0.17 million in Q1 2025. The gross profit margin stood at 74.0%, compared to 83% in Q1 2025 and 5.0% in Q2 2024.Operational loss was $0.69 million, an

    $TGL
    Business Services
    Consumer Discretionary
  • Treasure Global Inc Expands into FMCG & E-Commerce with 51% Stake in Tien Ming Distribution, Unlocking USD116 Million in Revenue Potential

    Strategic Expansion into Malaysia's USD159 Billion FMCG Industry & High-growth E-commerce Market. Projected USD116 Million Revenue Over Three Years Through Integration with F&N's USD1.16 Billion Annual Sales. Strengthening Treasure Global's Logistics and Digital Commerce Capabilities Through Tien Ming Distribution. NEW YORK and KUALA LUMPUR, Malaysia, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a technology-driven digital commerce and fintech solution provider, today announced the strategic acquisition of a 51% controlling stake in Tien Ming Distribution Sdn Bhd ("Tien Ming Distribution") through its subsidiary, VWXYZ Ventur

    $TGL
    Business Services
    Consumer Discretionary
  • Treasure Global Inc. Reports First Quarter Fiscal Year 2025 Financial Results

    NEW YORK and KUALA LUMPUR, Malaysia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, had on November 14, 2024 announced its financial results for the first quarter ended September 30, 2024. Key Financial Highlights Revenue for the first quarter was $207,371, compared to $13.46 million for the prior year's quarter, reflecting the Company's ongoing pivot toward high-margin business models and deliberate scaling down of low-margin operations. This strategic pivot is expected to benefit long-term revenue quality and stability.Gross profit improved by 6% to $172,172, with the gross profit margin

    $TGL
    Business Services
    Consumer Discretionary

$TGL
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$TGL
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$TGL
SEC Filings

See more

$TGL
Leadership Updates

Live Leadership Updates

See more
  • Treasure Global Inc Strengthens Leadership with Appointment of New Independent Directors

    NEW YORK and KUALA LUMPUR, Malaysia, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is pleased to announce the appointment of two new independent directors, Mr. Leong Wei Ping and Mr. Anand Ramakrishnan to its Board. This strategic move underscores the Company's ongoing efforts to strengthen its leadership team and enhance its corporate governance as it continues to scale its operations and expand its global presence. Mr. Leong Wei Ping currently serves as an Executive Director at Asia Television Holdings Limited, which he joined in 2020. In this capacity, he is primarily responsible for

    $TGL
    Business Services
    Consumer Discretionary
  • Treasure Global Inc Announces New Chief Executive Officer

    NEW YORK and KUALA LUMPUR, Malaysia, June 14, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, today announced the appointment of Mr. Carlson Thow as its new Chief Executive Officer, succeeding Mr. Sam Teo, who has resigned from his position. Mr. Thow, previously the Group Chief Legal Officer of Nasdaq-listed VCI Global Limited (NASDAQ:VCIG), brings extensive expertise in corporate leadership, business strategy, and driving successful business transformations. During his tenure at VCI Global Limited, Mr. Thow played a pivotal role in guiding the company through a successful transition from a private

    $TGL
    $VCIG
    Business Services
    Consumer Discretionary
    Diversified Commercial Services

$TGL
Financials

Live finance-specific insights

See more
  • Treasure Global Inc. Reports Second Quarter Year 2025 Financial Results

    NEW YORK and KUALA LUMPUR, Malaysia, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, today announced its financial results for the second quarter ended December 31, 2024. Key Financial Highlights Revenue for the second quarter was $0.30 million, a 46% increase from $0.21 million in the first quarter of fiscal 2025. However, on a year-on-year basis, revenue declined 96% from $6.71 million in Q2 2024.Gross profit was $0.22 million, up 30% from $0.17 million in Q1 2025. The gross profit margin stood at 74.0%, compared to 83% in Q1 2025 and 5.0% in Q2 2024.Operational loss was $0.69 million, an

    $TGL
    Business Services
    Consumer Discretionary
  • Treasure Global Inc. Reports First Quarter Fiscal Year 2025 Financial Results

    NEW YORK and KUALA LUMPUR, Malaysia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, had on November 14, 2024 announced its financial results for the first quarter ended September 30, 2024. Key Financial Highlights Revenue for the first quarter was $207,371, compared to $13.46 million for the prior year's quarter, reflecting the Company's ongoing pivot toward high-margin business models and deliberate scaling down of low-margin operations. This strategic pivot is expected to benefit long-term revenue quality and stability.Gross profit improved by 6% to $172,172, with the gross profit margin

    $TGL
    Business Services
    Consumer Discretionary
  • Treasure Global Reports Third Quarter Fiscal Year 2024 Results

    Reported Gross Profit of Approximately $0.22 Million for Third Quarter Fiscal 2024, up 47% Year-Over-Year Secured a USD$2 million marketing contract aimed to promote prestigious Korean beauty products using its advanced AI Marketing Engine, strategically leveraging the vast revenue potential of the Malaysian and Southeast Asia beauty market Emerged as Exclusive Partner for AI Blockchain Wallet on Telegram, Paving the Way for New Business Opportunities and Spearheading Innovation in the Blockchain Industry Won the silver trophy for Best eCommerce Solution of the MARKETING-INTERACTIVE Asia eCommerce Awards 2023 Successfully Regained Compliance with Nasdaq Minimum Bid Price

    $TGL
    Business Services
    Consumer Discretionary

$TGL
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more