24/7 Market News Snapshot 15 May, 2025 – Treasure Global Inc. Common Stock (NASDAQ:TGL)

May 15, 2025

DENVER, Colo., 15 May, 2025 (www.247marketnews.com) – (NASDAQ:TGL) are discussed in this article.
Treasure Global Inc. (NASDAQ:TGL) has demonstrated a compelling bullish trajectory following today’s opening price of $1.88, with the stock currently trading at $2.28, reflecting a notable increase of 16.92%. This uptick, supported by a trading volume of 518.66K, indicates robust investor activity which is crucial for price stability and potential further appreciation. As technical indicators align favorably, market participants are advised to keep an eye on key support and resistance levels to determine optimal entry or exit points as the trend develops.

In conjunction with this momentum, Treasure Global has reported impressive financial results for the third quarter ending March 31, 2025. The company recorded revenue of $0.67 million, marking a 58% decrease year-over-year; however, this figure represents a remarkable 121% sequential increase. This growth can be attributed to a strategic shift towards higher-margin products, culminating in a gross profit of $0.49 million and a substantial gross margin of 73%, compared to only 14% the previous year.

The quarter also witnessed an impressive turnaround in net income, demonstrating a profit of $1.26 million compared to a net loss of $1.71 million during the same period last year. This improvement propelled earnings per share (EPS) to $1.09, reflecting the efficacy of management’s cost-control strategies and operational realignment.

CEO Carlson Thow underscored, “Our results exemplify the benefits of focusing on high-margin operations and disciplined cost management.” CFO Sook Lee added, “Our efficiency initiatives have enabled us to transition from a significant loss to a net profit within nine months, reinforcing our digital and scalable operational strategies.”

Looking ahead, Treasure Global continues to innovate with a new enterprise software development initiative and plans to strengthen its market position through strategic partnerships and targeted acquisitions, underscoring its commitment to long-term growth in the competitive e-commerce landscape.

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