Company Analysis

Treasure Global Inc. (TGL)

Nasdaq: TGL · Services-Business Services, NEC · New York, NY · filing with the SEC since 2022
Grade3.4
◀ Past 0.6● Present 2.2▶ Future 6.2
2 est.

The grade of Treasure Global Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.4/10
◀ Past0.625% of the headline
● Present2.235% of the headline
▶ Future6.240% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

0.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.7/10

Has it survived what it has been through?

18 warning events since 2022; the latest 2026-09-28.

weight 22% of this tense · 7th percentile among 105 sector filers · read for itself

From the record

Treasure Global Inc.'s filings since 2022 show 18 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2023-10-04); a notice about its exchange listing (8-K item 3.01, 9 times, the latest 2025-12-03); an auditor change (8-K item 4.01, 2 times, the latest 2023-07-10); a late-report notice (Form NT 10-K or NT 10-Q, 6 times, the latest 2026-09-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
0.9/10

What has it actually done, year after year?

-18.1% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 9th percentile among 99 sector filers · read for its customers

From the record

Treasure Global Inc.'s 6 filed years say what it did: revenue went from $14 million in fiscal 2021 to $5 million in fiscal 2026, down 18.1% a year; it rose in 2 of 5 years; the deepest fall was 97% from fiscal 2022 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-18.1%bottom 8% of its family
  • the share of years revenue rosebottom 16% of its family
  • the share of filed years with a profitbottom 9% of its family
  • the deepest fall from a revenue peak97.1%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.2/10

How has it treated the people who own it?

SI estimate 0.2/10, confidence 35 of 100 (one part).

weight 33% of this tense · 2nd percentile among 98 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 2% of 98 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 98 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Treasure Global Inc.'s shareholder treatment is put at 0.2 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 2% of 98 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.2/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.4/10

Is it financially healthy right now?

ROE -82%: lost 82¢ per shareholder dollar. Leverage 30%: owes 30¢ per asset dollar.

weight 33% of this tense · 24th percentile among 98 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Treasure Global Inc. lost about 82 cents for every dollar of shareholders' money, and gross profitability: its products earned about 0 cents per dollar of everything the company owns. Leverage: it owed about 30 cents per dollar of assets, and net share issuance: its share count grew 1856.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 16% of its family
  • return on equitybottom 7% of its family
  • gross profit against assetsbottom 3% of its family
  • the share count against the year beforebottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.4/10

How strong is its position in its industry?

bottom 4% of 101 in its family; net margin -214.4%.

weight 45% of this tense · 4th percentile among 101 sector filers · read for its customers

From the record

Treasure Global Inc.'s standing among 101 graded names in its industry family: revenue of $5 million in fiscal 2026 ranks in the bottom 6% by size; a net margin of -214.4% ranks in the bottom 4%; revenue growth of -57.9% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

What it rests on

  • revenue against the family$5.2Mbottom 6% of its family
  • net margin-214.4%bottom 4% of its family
  • three-year revenue growth-57.9%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 73 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 73 members with one.
What the record cannot read
No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 73 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Treasure Global Inc.'s leadership is put at 5.3 of 10 with a confidence of 20 of 100, because no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 73 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.2/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.1/10

How much room does it have to grow?

bottom 41% of 99 in its family for room to expand.

weight 33% of this tense · 41st percentile among 99 sector filers · read for itself

From the record

Treasure Global Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $2 million against no long-term debt tagged leaves 8.2% of its assets as net cash, top 42% of its family; cash from operations less capital spending is -153.5% of revenue (bottom 7%); a gross margin of 0.2% (bottom 3%); research spending of 31.8% of revenue (top 5%) (its annual report).

What it rests on

  • cash less debt against assets8.2%top 42% of its family
  • cash from operations less capital spending against revenue-153.5%bottom 7% of its family
  • gross margin0.2%bottom 3% of its family
  • research spending against revenue31.8%top 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.3/10

What could actually drive growth from here?

top 27% of 99 in its family for growth drivers.

weight 45% of this tense · 73rd percentile among 99 sector filers · read for its customers

From the record

Treasure Global Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -57.9% a year over the last three filed years against -18.1% over all 6, slowing (bottom 5% of its family); the newest year grew 121.9% (top 2%); research spending grew 44.2% a year (top 9%); capital spending grew 129.6% a year (top 4%) (its annual reports). Treasure Global Inc. reported 2 lines of business in fiscal 2025: Customized Software Development Service at $1 million (64%), ZCITY Platform at $851 thousand (37%); 0 of 1 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-39.8 points a yearbottom 5% of its family
  • the newest year's revenue growth121.9%top 2% of its family
  • three-year growth of research spending44.2%top 9% of its family
  • three-year growth of capital spending129.6%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 93 in its family for expectations against reality.

weight 22% of this tense · 74th percentile among 93 sector filers · read for its shareholders

From the record

Treasure Global Inc.'s newest year against its own record: revenue of $5 million in fiscal 2026 came in 1109.2% above the $428 thousand its prior three years' pace pointed to (top 2% of its family); net income of $11 million against a prior three-year average of $14 million (bottom 31%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 6%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace1109.2%top 2% of its family
  • net income against the prior three years' average+20%bottom 31% of its family
  • net margin against its prior averageup more than 100 pointstop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TGL · research, not advice