TREASURE GLOBAL INC

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

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.

Dec 31, 2024 · Filed Feb 14, 2025

TGL$0.18-1.7%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Cash Flows

	For the Six Months Ended December 31,
2024 · 2023
(Unaudited) · (Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss		$(1,183,039)		$(3,331,226)
Adjustments to reconcile net loss to net cash used in operating activities:				-
Depreciation		49,168		64,171
Amortization of intangible assets		480,823		131,834
Amortization of debt discounts		-		358,284
Amortization of operating right-of-use assets		18,394		19,521
Allowance for credit losses		90,479		53,250
Inventories impairment		-		486
Stock-based compensation		140,000		-
Other income from software developing service		-		(1,000,000)
Unrealized holding (gain) loss on marketable securities		(332,665)		352,435
Change in operating assets and liabilities
Accounts receivable		(263,795)		(72,759)
Inventories		15,281		275,484
Other receivables and other assets		(492,184)		200,765
Prepayments		84,516		(146,285)
Accounts payable		(5,708)		123,112
Customer deposits		(70,974)		(30,117)
Contract liability		(16,396)		32,376
Other payables and accrued liabilities		(78,029)		(91,019)
Operating lease liabilities		(18,394)		(19,054)
Income tax payables		5		(10,624)
Net cash used in operating activities		(1,582,518)		(3,089,366)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of equipment		(2,746)		(14,451)
Purchases of intangible asset		-		(192,477)
Collaboration deposit		(2,190,715)		-
Net cash used in investing activities		(2,193,461)		(206,928)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock in market offering		2,457,390		-
Issuance of common stock for share purchase agreement		1,528,021		-
Proceeds from issuance of common stock and prefunded warrants in November 2023 Offering		-		3,457,306
Proceeds received from exercising prefunded warrants		-		580
Advance proceeds received from exercising prefunded warrants		-		820
Principal payments of insurance loan		(38,371)		(160,292)
Payments of related party loan		(2,356)		(2,150)
Repayments of convertible notes				(3,367,290)
Net cash provided by (used in) financing activities		3,944,684		(71,026)
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS		(110,140)		256
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		58,565		(3,367,064)
CASH AND CASH EQUIVALENTS, beginning of period		200,013		4,593,634
CASH AND CASH EQUIVALENTS, end of period		$258,578		$1,226,570
SUPPLEMENTAL CASH FLOWS INFORMATION
Income taxes paid		$20,831		$29,957
Interest paid		$3,426		$23,599
SUPPLEMENTAL NON-CASH FLOWS INFORMATION
Conversion of convertible note payable, net of unamortized discounts	$	-		$1,811,070
Issuance of common stock for software development		$12,180,000	$	-
Subscription receivable from issuance of common stock for subscription agreement and share purchase agreement		$1,692,921	$	-
Marketable securities received as in exchange of software developing service	$	-		$1,000,000
Issuance of common stock to related parties for debts cancellation	$	-		$321,562
Issuance of common stock for acquiring intangible assets	$	-		$1,563,000
Issuance of warrant in connection with share purchase agreement		$204,394	$	-

TREASURE GLOBAL INC AND SUBSIDIARIES

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.