Issue 003 | U.S. Pilot | US

TGL

TREASURE GLOBAL INC

Screen state: Passing Source state: Verified 10-Q | 2026-05-20 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 54.2%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 17,157,974USD
Total Liabilities: 5,972,827USD
NCAV: 11,185,147USD
Cash: n/a
NCAV per share: 6.67USD/share
Evidence: 4 annual | 17 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated: 12
Triggered: 2
Unavailable: 7

Requires inspection Negative OCF -5,191,149

Latest: -5,191,1492026-03-31
Comparison: n/a
Change: n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-059507

Supporting observation Current Ratio > 1.5 3.57

Latest: 3.572026-03-31
Comparison: 1.5
Change: n/a

Basis: current assets / current liabilities; strong if > 1.5

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-059507

7 unavailable checks — inspect missing inputs

High Debt (short-term debt + long-term debt) / ordinary equity >= 50%

Low Debt (short-term debt + long-term debt) / ordinary equity < 20%

Material 1Y Share Increase 1Y share change >= +2% using the same share-count source

NCAV Growing equivalent prior-year NCAV change >= +2%; both NCAV values must be positive

No Material 1Y Share Increase 1Y share change > -2% and <= +1% using the same share-count source

Non-Positive Equity ordinary shareholders equity <= 0

Share Count Reduced 1Y share change <= -2% using the same share-count source

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Historical values can be viewed as reported in each filing or normalized to the latest verified split basis. These are measurement aids, not conclusions about a company.

Policy: normalize_to_latest_verified_split_basis | quality: verified

Display basis Normalized to latest verified split basis As reported in each filing

Metric	2026-03-31 10-Q Open filing	2025-12-31 10-Q Open filing	2025-09-30 10-Q Open filing	2025-06-30 10-K Open filing	2025-03-31 10-Q Open filing	2024-12-31 10-Q Open filing	2024-09-30 10-Q Open filing	2024-06-30 10-K Open filing	2024-03-31 10-Q Open filing	2023-12-31 10-Q Open filing	2023-09-30 10-Q Open filing	2023-06-30 10-K Open filing	2023-03-31 10-Q Open filing	2022-12-31 10-Q Open filing	2022-09-30 10-Q Open filing	2022-06-30 10-K Open filing
Period-end Shares Outstanding	1,675,7251,675,725	1,675,7251,675,725	387,2687,745,359	207,4704,149,405	81,4271,628,535	32,86332,862,655	755,255,041	241,671,623	191,304,699	98969,239,309	29620,723,825	25617,901,353	15110,545,251	15110,545,251	n/an/a	n/an/a
Weighted-average Basic Shares	1,675,7251,675,725	895,444895,444	284,0985,681,968	58,8361,176,722	57,8101,156,208	20,51820,518,140	392,697,709	12858,672	11738,285	54037,794,450	27219,051,153	23816,691,956	24717,319,862	24717,288,116	15110,542,722	15010,469,396
Weighted-average Diluted Shares	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	3238,457	3230,918	22315,598,984	19913,909,851	15010,469,396	n/an/a	n/an/a	19913,909,851	n/an/a
Basic EPS	-8-8	-9-9	-0-0	-20-20	11	-0-0	-0-0	-8-8	-15-15	-0-0	-0-0	-1-1	-1-1	-0-0	-0-0	-1-1
Diluted EPS	-8-8	-9-9	-0-0	-20-20	11	-0-0	-0-0	-8-8	-15-15	-0-0	-0-0	-1-1	-1-1	-0-0	-0-0	-1-1
Basic-to-Diluted Share Difference	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	-72.2%	-68.7%	-58.7%	-27.0%	-37.3%	Insufficient evidence	Insufficient evidence	31.9%	Insufficient evidence
Net Share Count Change	0.0%	332.7%	86.7%	154.8%	147.8%	43674.8%	214.4%	28.1%	-98.1%	234.1%	15.8%	69.8%	0.0%	Insufficient evidence	0.7%	Insufficient evidence
Ownership Claim Change	0.0%	-76.9%	-46.4%	-60.8%	-59.6%	-99.8%	-68.2%	-22.0%	5206.9%	-70.1%	-13.6%	-41.1%	0.0%	Insufficient evidence	-0.7%	Insufficient evidence

Verified split events: reverse 70.0 on 2024-12-31; reverse 50.0 on 2025-04-07; reverse 20.0 on 2025-12-05

Known Unknowns

Only 17 quarterly periods available from Data Vault for this company.

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-06-30 10-K USD	2024-06-30 10-K USD	2023-06-30 10-K USD	2022-06-30 10-K USD
Revenue	2,330,557	22,066,829	69,408,319	79,674,879
Operating Income	-22,031,911	-6,062,982	-10,236,866	-10,176,798
Net Income	-23,377,488	-6,586,623	-11,727,711	-11,746,014
Cash From Operations	-9,481,499	-4,712,806	-9,560,285	-8,663,901
Capex	-14,818	-16,740	-86,964	-312,358
Free Cash Flow	-9,496,317	-4,729,546	-9,647,249	-8,976,259
Cash And Equivalents	236,895	200,013	4,593,634	1,845,232
Accounts Receivable	1,592,901	n/a	163,169	0
Inventory	13,184	27,467	400,543	216,069
Total Current Assets	5,523,336	956,714	6,031,401	2,273,101
Total Assets	14,873,148	4,278,585	6,372,378	2,704,282
Total Current Liabilities	3,668,522	895,109	6,472,575	18,221,958
Total Liabilities	4,129,415	897,852	6,502,710	18,300,841
Shareholders Equity	10,743,733	3,380,733	-130,332	-15,596,559
Shares Outstanding	424,509	290	290	3,013
Shares Outstanding Diluted	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	58,836	17,173	238	150
Weighted Avg Shares Basic	58,836	17,173	238	150
Net Share Count Change (Normalized)	154.8%	28.1%	69.8%	Insufficient evidence
Ownership Claim Change (Normalized)	-60.8%	-22.0%	-41.1%	Insufficient evidence

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Only 17 quarterly periods available from Data Vault for this company.

Metric	2026-03-31 10-Q USD	2025-12-31 10-Q USD	2025-09-30 10-Q USD	2025-06-30 10-K USD	2025-06-30 10-K USD	2025-03-31 10-Q USD	2024-12-31 10-Q USD	2024-09-30 10-Q USD	2024-06-30 10-K USD	2024-06-30 10-K USD	2024-03-31 10-Q USD	2023-12-31 10-Q USD	2023-09-30 10-Q USD	2023-06-30 10-K USD	2023-03-31 10-Q USD	2022-12-31 10-Q USD	2022-09-30 10-Q USD
Revenue	1,500,907	1,080,992	182,527	1,154,767	1,154,767	666,521	301,898	207,371	293,000	293,000	1,596,129	6,713,805	13,463,895	15,255,698	18,152,113	20,444,168	15,556,340
Operating Income	-4,186,336	-7,668,529	-1,740,480	-20,483,819	-20,483,819	-43,409	-693,006	-811,677	-1,684,405	-1,684,484	-1,370,554	-1,089,316	-1,918,628	-2,663,335	-2,882,422	-2,055,797	-2,635,312
Net Income	-2,321,228	-3,109,863	-2,133,904	-23,454,414	-23,454,414	1,259,965	-232,332	-950,707	-1,542,082	-1,542,082	-1,713,315	-1,199,514	-2,131,712	-3,117,130	-2,926,068	-2,012,165	-3,672,348
Cash From Operations	-459,589	-2,970,285	-1,761,275	-3,664,139	-3,664,139	-4,234,842	-606,199	-976,319	-552,377	-552,377	-1,071,063	-1,194,604	-1,894,762	-2,531,943	-2,409,951	-2,161,495	-2,456,896
Capex	-67,322	-332,666	-644,874	n/a	n/a	-1,801	n/a	-6,234	-1,711	-1,711	-578	-8,217	-6,234	-3,325	-11,333	-37,907	-34,399
Free Cash Flow	-526,911	-3,302,951	-2,406,149	n/a	n/a	-4,236,643	n/a	-982,553	-554,088	-554,088	-1,071,641	-1,202,821	-1,900,996	-2,535,268	-2,421,284	-2,199,402	-2,491,295
Cash And Equivalents	2,913,960	5,452,456	1,250,478	n/a	n/a	281,027	258,578	72,561	n/a	n/a	306,532	1,226,570	2,616,384	4,593,634	4,094,673	4,720,614	7,007,815
Total Current Assets	17,157,974	16,994,199	4,321,796	5,523,336	5,523,336	10,671,192	2,135,750	1,205,523	956,714	956,714	1,206,648	2,379,378	4,180,356	6,031,401	5,219,329	5,719,425	8,005,638
Total Liabilities	5,972,827	6,273,837	4,621,988	4,129,415	4,129,415	1,304,367	694,079	830,886	897,852	897,852	1,091,126	1,242,913	6,475,645	6,502,710	3,127,141	1,111,389	1,319,877
Shares Outstanding	1,675,725	1,675,725	848,100	4,149,405	207,470	132,767	52,427	159	1,671,623	33,432	19	1,106	392	290	251	247	247
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	1,675,725	895,444	284,098	1,176,722	1,176,722	57,810	20,518	53,954	858,672	858,672	14,766	540	272	261	247	247	199
Weighted Avg Shares Basic	1,675,725	895,444	284,098	1,176,722	1,176,722	57,810	20,518	53,954	858,672	858,672	14,766	540	272	261	247	247	199
Net Share Count Change (Normalized)	0.0%	332.7%	86.7%	154.8%	154.8%	147.8%	43674.8%	214.4%	28.1%	28.1%	-98.1%	234.1%	15.8%	69.8%	0.0%	Insufficient evidence	0.7%
Ownership Claim Change (Normalized)	0.0%	-76.9%	-46.4%	-60.8%	-60.8%	-59.6%	-99.8%	-68.2%	-22.0%	-22.0%	5206.9%	-70.1%	-13.6%	-41.1%	0.0%	Insufficient evidence	-0.7%

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	17,157,974USD	us-gaap:AssetsCurrent	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001905956/companyfacts.json Data Vault \| sec/companyfacts/cik=0001905956/companyfacts.json
Total Liabilities	5,972,827USD	us-gaap:Liabilities	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001905956/companyfacts.json Data Vault \| sec/companyfacts/cik=0001905956/companyfacts.json
Cash	2,913,960USD	us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2026-03-31	1.00	n/a
Shares Outstanding	1,675,725	us-gaap:CommonStockSharesOutstanding	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001905956/companyfacts.json Data Vault \| sec/companyfacts/cik=0001905956/companyfacts.json
NCAV	11,185,147USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	6.67USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	54.2%	derived	2026-03-31	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: n/a
CIK: 0001905956
Company ID: n/a
Selected Annual Source: n/a
Selected Quarterly Source: n/a
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 17
Imported At: 2026-08-15T12:52:54+00:00
Rendered At: 2026-08-16T03:29:48+00:00

Run Audit

Mary Run: 8f67c1da7de642feb640d04491409c50
Mary As Of: 2026-07-25
Accession: 0001213900-26-059507
CIK: 0001905956
Mary Filing Date: 2026-05-20
Filing Currency: USD
Internal Discount: 54.2%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=8f67c1da7de642feb640d04491409c50; mary_as_of=2026-07-25; mary_filing_date=2026-05-20; mary_accession=0001213900-26-059507; mary_cik=0001905956; gnni_supporting_filing_date=2026-02-23; internal_discount=0.54156; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

Back to Register Report a correction Archive