Treasure Global Inc. Common Stock (TGL)

FairStock Score: 49/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable businesses, honest numbers, and a margin of safety. Treasure Global, through TADAA and the ZCITY app, is in payment processing and e-commerce, a crowded area where scale and trust matter. The filed record is not that of a durable earner. In fiscal 2024, the year ended 2024-06-30, revenue was $22.1M and net loss was $6.6M. In fiscal 2025, the year ended 2025-06-30, revenue was $850,557 and net loss was $23.4M. In fiscal 2026, the year ended 2026-06-30, revenue was $5.2M and net loss was $11.1M. Revenue is volatile and there has been no profitable year. In fiscal Q3 2026, the quarter ended 2026-03-31, revenue was $1.5M and net loss was $2.3M; in fiscal Q3 2025, the quarter ended 2025-03-31, revenue was $666,521 and net income was $1.3M. That swing tells me earnings quality is unstable. FairStock data show trailing free cash flow of -$10.5M, a -146.8% FCF yield against the $7.1M market cap at the 2026-10-13 close, and an Altman Z-score of -3.64, a distress warning. The P/B of 0.03 looks statistically cheap, but book value can vanish through further losses. Zero debt and a Piotroski F-score of 6/9 are minor positives, yet I see no clear moat. FairStock's Lynch category is none because the company lost money in each of the last four years. I would require sustainable profits and positive cash generation before calling this a value opportunity.

In plain English: Treasure Global runs payment processing and e-commerce services, including the ZCITY app and cashback programs. The business is weak: it has not made a yearly profit, and its most recent filed year showed a net loss. The stock price is very low compared with its stated accounting value, but because the company keeps losing money and using cash, that low price does not by itself make it a safe bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2026 10-Q (period ended 2025-12-31) · fiscal Q1 2026 10-Q (period ended 2025-09-30) · fiscal Q3 2025 10-Q (period ended 2025-03-31) · FY2026 10-K (period ended 2026-06-30) · FY2025 10-K (period ended 2025-06-30) · FY2024 10-K/A (period ended 2024-06-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer