Treasure Global (TGL) investor relations material

Business overview and technology platforms

• Malaysian-based solutions provider focused on innovative technology platforms and AI integration across sectors, including e-commerce, campus management, blockchain, and gaming.

• Dual-facing business model targets both consumers and merchants, leveraging proprietary products like the ZCITY Super App.

• ZCITY ecosystem enhances e-payment experiences, offering rewards, rebates, and affiliate cashback for both online and offline shopping.

• AI-driven development includes smart campus management, live commerce robots, blockchain wallets, crypto mining, and gaming enhancements.

• Over 2.7 million registered users and 2,000+ registered merchants as of late 2025.

Market opportunity and expansion

• Southeast Asia presents a massive addressable market with over 540 million internet users and high digital readiness but low market saturation.

• Current user penetration in Malaysia is 8%, indicating significant growth potential regionally.

• Strategic expansion roadmap targets rollout in Southeast Asia and beyond, including India, China, and Japan between 2025 and 2028.

• Focus on scalable user acquisition and partnerships with local and multinational brands.

Revenue model and financial performance

• Revenue streams include e-vouchers, Zmembership bundles, Zstore e-commerce, bill payments, and miscellaneous income.

• Revenue for FYE Jun'25 was $2.3M, down from $22.1M in FYE Jun'24 and $69.4M in FYE Jun'23, but gross profit grew 105% year-over-year to $1.67M in FYE Jun'25.

• ARPU increased 707% over the period, with 70.1% of paid users transacting three or more times in Q4 2025.