Filing Flows › Treasure Global (TGL) › Q3 FY25
Treasure Global (TGL) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
Treasure Global (TGL) reported revenue of $667K for the third quarter fiscal 2025 (Q3 FY25), -58% from a year earlier and +121% from the quarter before. Operating margin was -6.5%, net earnings $1.3M (189.0% of revenue).
Treasure Global, Q3 FY25: revenue $667K (-58% year over year), operating margin -6.5%, net earnings $1.3M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $667K | +121% | -58% |
| Operating profit | −$43K | — | — |
| Net earnings | $1.3M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $667K in Q3 FY25, down 58% year over year and up 121% from the previous quarter. Customized Software Development Service was the largest line at 90% of revenue. ZCITYPlatform lost $1.5M year over year (down 96%), 165% of the total change.
Gross margin was 73.0%, up 59.4 points from a year earlier. Operating costs exceeded revenue by $43K, an operating margin of -6.5%. Operating expenses fell 67% while revenue fell 58%. Net earnings were $1.3M. The effective tax rate was 0.0%. Non-operating items added $1.3M, 103% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.2M. Non-cash charges added back $185K of depreciation and amortization and $70K of share-based compensation. Working capital and other items used $5.7M. Capital expenditures of $2K exceeded it, leaving free cash flow of −$4.2M.
Questions
What was Treasure Global's revenue in the third quarter fiscal 2025?
Treasure Global (TGL) reported revenue of $667K for the third quarter fiscal 2025 (Q3 FY25), -58% from a year earlier and +121% from the quarter before.
Was Treasure Global profitable in the third quarter fiscal 2025?
Operating loss was $43K (-6.5% of revenue) and net earnings $1.3M.
Source: Treasure Global 10-Q on SEC EDGAR.