Treasure Global Reports Fourth Quarter & Fiscal Year 2023 Results
NEW YORK and KUALA LUMPUR, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL”, or the “Company”), an innovative technology solutions provider, today reported its financial results for the fourth quarter and fiscal year ended June 30, 2023.
- Total revenues for the fiscal year ended June 30, 2023, were $69.4 million, compared with $79.7 million for the fiscal year 2022.
- For the fourth quarter 2023, total revenues were $15.1 million, compared to $16.2 million for the same period last year.
- Gross profit for the fiscal year 2023 was approximately $0.52 million, a 9.9% improvement year-on-year, from approximately $0.5 million for the fiscal year 2022.
- Net loss of approximately $11.7 million for the fiscal year 2023, remains the same compared to fiscal year 2022.