TREASURE GLOBAL INC
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
TGL$0.18-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss
| For the Three Months Ended March 31, | For the Nine Months Ended March 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| REVENUES | $1,596,129 | $18,152,113 | $21,773,829 | $54,152,621 |
| COST OF REVENUES | (1,379,123) | (18,004,280) | (21,048,586) | (53,700,540) |
| GROSS PROFIT | 217,006 | 147,833 | 725,243 | 452,081 |
| SELLING | (292,253) | (1,174,925) | (1,564,596) | (3,734,255) |
| GENERAL AND ADMINISTRATIVE | (1,113,805) | (1,369,369) | (3,137,094) | (3,035,688) |
| RESEARCH AND DEVELOPMENT | (181,502) | (105,961) | (402,130) | (403,191) |
| STOCK-BASED COMPENSATION | - | (380,000) | - | (819,332) |
| TOTAL OPERATING EXPENSES | (1,587,560) | (3,030,255) | (5,103,820) | (7,992,466) |
| LOSS FROM OPERATIONS | (1,370,554) | (2,882,422) | (4,378,577) | (7,540,385) |
| OTHER (EXPENSE) INCOME | ||||
| Other (expense) income, net | 6,516 | 1,329 | (190,805) | 37,695 |
| Interest expense | (2,572) | (8,220) | (72,014) | (50,060) |
| Unrealized holding loss on marketable securities | (346,705) | - | (699,140) | - |
| Other income from software developing service, net of cost | - | - | 675,131 | - |
| Amortization of debt discount | - | (25,255) | (358,284) | (1,023,331) |
| TOTAL OTHER EXPENSE, NET | (342,761) | (32,146) | (645,112) | (1,035,696) |
| LOSS BEFORE INCOME TAXES | (1,713,315) | (2,914,568) | (5,023,689) | (8,576,081) |
| PROVISION FOR INCOME TAXES | - | (11,500) | (20,852) | (34,500) |
| NET LOSS | (1,713,315) | (2,926,068) | (5,044,541) | (8,610,581) |
| OTHER COMPREHENSIVE LOSS | ||||
| Foreign currency translation adjustments | (5,293) | (24,621) | (5,250) | (109,899) |
| COMPREHENSIVE LOSS | $(1,718,608) | $(2,950,689) | $(5,049,791) | $(8,720,480) |
| LOSS PER SHARE | ||||
| Basic and diluted* | $(2.32) | $(11.83) | $(14.65) | $(0.53) |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | ||||
| Basic and diluted* | 738,285 | 247,427 | 344,291 | 230,918 |
| * | Giving retroactive effect to the 1-for-70 reverse stock split effected on February 27, 2024 |
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