Treasure (TGL) GlobeNewswire·2025-02-14 22:20Core Insights - Treasure Global Inc. reported its financial results for Q2 2025, highlighting a strategic shift towards higher-margin operations despite a significant year-over-year revenue decline [1][3][9] Financial Performance - Revenue for Q2 2025 was 0.21 million in Q1 2025, but a 96% decline from 0.22 million, up 30% from 0.23 million, reflecting a 76% improvement from 1.20 million in Q2 2024 [9] Management Commentary - The CEO emphasized the company's focus on enhancing profitability and operational efficiency, noting a 46% quarter-over-quarter revenue increase and improved cost efficiencies [3] - The CFO highlighted a 76% reduction in net loss compared to the previous quarter and an increase in gross profit margin to 74%, indicating effective cost optimization efforts [4] Operational Updates - The company is advancing a new digital commerce initiative to expand its ecosystem and drive value creation, leveraging technology-driven solutions [5] - Treasure Global is expanding its e-commerce marketplace, allowing businesses to list and fulfill products directly, which supports revenue growth [6] - Following the acquisition of Tien Ming Distribution, the company aims to enhance fulfillment and logistics operations, integrating this acquisition into its supply chain strategy [7] Business Outlook - In the next quarter, the company plans to continue its transformation strategy by enhancing digital commerce initiatives, expanding the e-commerce marketplace, and strengthening logistics through Tien Ming Distribution [10] - The company remains focused on optimizing its business model, diversifying revenue streams, and enhancing operational efficiency [10] Company Overview - Treasure Global is a technology-driven solutions provider specializing in e-commerce, fintech, and digital transformation, with over 2.9 million registered users as of December 2024 [11]