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Treasure Global (TGL) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Oct 14, 2025

Treasure Global (TGL) reported revenue of $1.2M for the fourth quarter fiscal 2025 (Q4 FY25), +294% from a year earlier and +73% from the quarter before.

Revenue$1.2M
Year over year+294%
Quarter over quarter+73%
Operating margin—
Net earnings−$23.5M

Treasure Global, Q4 FY25: revenue $1.2M (+294% year over year), net loss $23.5M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$1.2M+73%+294%
Operating profit−$20.5M——
Net earnings−$23.5M-1962%—
Operating cash flow−$3.7M——

What changed

Revenue was $1.2M in Q4 FY25, up 294% year over year and up 73% from the previous quarter. Customized Software Development Service was the largest line at 76% of revenue.

Gross margin was 68.2%, up 37.2 points from a year earlier. Operating costs exceeded revenue by $20.5M, an operating margin of -1773.8%. Operating expenses grew 1098% against revenue growth of 294%. The fastest-growing cost line was Other operating costs (+21087%). The quarter ended with a net loss of $23.5M, after a profit of $1.3M the previous quarter.

Operating cash flow was −$3.7M. Non-cash charges added back $159K of depreciation and amortization. Working capital and other items added $19.6M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$3.7M.

Questions

What was Treasure Global's revenue in the fourth quarter fiscal 2025?

Treasure Global (TGL) reported revenue of $1.2M for the fourth quarter fiscal 2025 (Q4 FY25), +294% from a year earlier and +73% from the quarter before.

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Source: Treasure Global 10-K on SEC EDGAR.