Treasure Global Reports Second Quarter Year 2026 Financial Results

Core Insights - Treasure Global Inc. reported significant financial progress in Q2 FY2026, with revenue reaching USD 1.08 million, up from USD 0.30 million in Q2 FY2025, driven by growth in gift-card transactions on the ZCITY platform [9] - The company experienced a net loss of USD 3.11 million, compared to a loss of USD 0.23 million in the same quarter last year, although this was partially offset by favorable fair-value adjustments [9] - Cash and cash equivalents increased to USD 5.45 million from USD 0.24 million as of June 30, 2025, supported by financing activities [9] Financial Highlights - Revenue for Q2 FY2026 was USD 1.08 million, a significant increase from USD 0.30 million in Q2 FY2025 [9] - Net loss was USD 3.11 million, compared to USD 0.23 million in Q2 FY2025 [9] - Loss per share improved to USD (3.47) from USD (11.32) in Q2 FY2025 [9] - Cash and cash equivalents rose to USD 5.45 million from USD 0.24 million as of June 30, 2025 [9] Management Commentary - The CEO highlighted the company's progress in strengthening its financial position and advancing technology initiatives [3] - Emphasis was placed on enhancing digital commerce capabilities and expanding higher-value opportunities within the ecosystem [3] - The company is focused on sustainable growth and scaling operations across Southeast Asia [3] Operational Updates - Treasure Global is enhancing its digital commerce ecosystem, particularly through the ZCITY platform [4] - The company is improving product development processes and operational efficiency while expanding merchant partnerships [5] - These efforts aim to diversify revenue streams and strengthen the company's position in Southeast Asia's digital economy [5] Business Outlook - The company plans to continue developing the OXI Wallet initiative, which supports its long-term fintech strategy [6] - OXI Wallet is expected to expand digital asset capabilities and create new revenue opportunities [6] - The company remains committed to optimizing its business model and enhancing operational efficiency [7]