Treasure Global Updates 2026 Revenue Outlook: Targeting 1,500% Growth Through Fintech and Digital Asset Expansion

Rhea-AI Summary

Treasure Global (NASDAQ: TGL) updated its full-year 2026 revenue target to approximately USD 3.0 million, implying ~1,500%+ growth for Q2–Q4 versus 1Q 2026 revenue of USD 182,527. The company raised its prior USD 1.0 million target after a strengthened capital plan and progress commercializing OXI wallet, the UNIRWA RWA token initiative, and a proposed acquisition of a 51% stake in Quarters Elite.

Key disclosed metrics: OXI wallet targeted for 1H 2026 launch and capacity to manage up to USD 10 billion in user assets; UNIRWA proposed treasury mandate for 200 million tokens representing up to USD 100 million underlying assets; Quarters Elite manages ~USD 150 million client assets. A 1-for-20 reverse stock split was completed in December 2025.

Positive

• 2026 revenue target raised to USD 3.0M (~1,500% upswing)
• OXI wallet 1H 2026 launch with up to USD 10B asset capacity
• UNIRWA mandate for 200M tokens representing up to USD 100M assets
• Proposed 51% Quarters Elite acquisition adds distribution over USD 150M AUA

Negative

• Updated target dependent on commercialization and execution in Q2–Q4 2026
• UNIRWA mandate and Quarters Elite deal are subject to definitive agreements and regulatory approvals
• Base 1Q 2026 revenue was only USD 182,527, requiring a large absolute ramp to hit USD 3.0M

Key Figures

2026 revenue target approximately USD 3 million Updated full-year 2026 revenue outlook

Q1 2026 revenue USD 182,527 Reported first-quarter 2026 revenue base

Prior 2026 target approximately USD 1 million Initial 2026 revenue target announced Dec 1, 2025

Projected revenue growth 1,500%+ Implied increase for 2026 vs Q1 2026 base

OXI wallet assets up to USD 10 billion User-held digital assets expected in first year

UNIRWA tokens 200 million tokens Exclusive treasury manager mandate via Tadaa Technologies

Underlying RWA assets up to USD 100 million Real estate and hospitality assets backing UNIRWA tokens

Quarters Elite AUM approximately USD 150 million Client assets managed by Quarters Elite Advisory

Market Reality Check

$9.43 Last Close

Volume Volume 20,234,239 is 15.65x the 20-day average, indicating exceptionally elevated trading activity ahead of the updated 2026 outlook. high

Technical Shares at 25.44 are trading below the 200-day MA of 39.52, despite the sharp upside move.

Peers on Argus 1 Up

TGL jumped 279.81%, while peers were mixed: ULY up 19.89% but AUUD, QH, SOPA, and MYSZ showed small declines. Only QH appeared in momentum scans, up 7.0% without news, underscoring that today’s move is largely stock-specific rather than a broad software-application sector rerating.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 03	Reverse stock split	Neutral	-34.8%	1-for-20 reverse split to support Nasdaq bid-price compliance.
Dec 01	Revenue outlook	Positive	-20.9%	Projected >500% 2026 revenue growth to ~USD 1.0M vs 1Q 2026 base.
Nov 20	Acquisition	Positive	-6.0%	Acquisition of Quarters Elite with ~USD 150M AUM to scale OXI Wallet.
Nov 14	Lock-up agreement	Positive	+0.2%	12‑month voluntary lock-up covering over 51% of outstanding shares.
Nov 14	RWA partnership	Positive	+0.2%	Tadaa named exclusive treasury manager for 200M UNIRWA tokens.

Pattern Detected

Recent positive corporate updates, including growth projections and strategic deals, often saw negative or muted next-day price reactions, suggesting prior skepticism toward management guidance. Today’s sharp upside move contrasts with that pattern.

Recent Company History

Over the last month, TGL has focused on capital structure and a fintech/digital-asset buildout. A 1-for-20 reverse split on Dec 5, 2025 aimed to restore Nasdaq compliance but coincided with a -34.83% move. Earlier, management projected USD 1.0M 2026 revenue vs USD 182,527 in 1Q 2026, acquired Quarters Elite with USD 150M AUM, and secured a UNIRWA token treasury mandate projected at USD 100M assets. Today’s higher USD 3M 2026 target builds directly on those initiatives.

Market Pulse Summary

The stock dropped -22.3% in the session following this news. A negative reaction despite positive guidance would have fit TGL’s recent pattern, where announcements on growth initiatives and acquisitions sometimes coincided with weaker trading, including the reverse split period. Even with a higher USD 3 million 2026 target and ecosystem buildout around OXI wallet and UNIRWA tokens, investors could have focused on execution risk, prior dilution, or skepticism about converting ambitious AUM and RWA figures into realized, recurring revenue streams.

Key Terms

reverse stock split financial

"completed a 1-for-20 reverse stock split, reducing the number of outstanding shares"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

digital asset technical

"integrated fintech and digital asset ecosystem"

A digital asset is a representation of value or rights that exists only in electronic form—like digital versions of cash, stocks, or collectibles kept in a virtual wallet. They are transferred and recorded using computer systems that make copying or tampering difficult, and can include currencies, tokenized shares, or unique digital items. Investors care because digital assets can offer new ways to diversify, trade and raise capital, but they also bring different risks around price swings, custody and regulation.

real-world asset financial

"the UNIRWA real-world asset (“RWA”) token initiative"

A real-world asset is a tangible or economically grounded item — such as property, commodities, loans, or equipment — that has intrinsic value in the physical economy. Investors care because these assets can provide stable cash flow, serve as collateral, and diversify portfolios against volatile market bets; think of them as the concrete bricks that can steady a portfolio built with more speculative paper or digital holdings.

treasury manager financial

"exclusive partnership as the proposed treasury manager for 200 million UNIRWA tokens"

A treasury manager is the person in charge of a company’s cash, borrowing, and short-term investments, like a household head deciding when to spend, save, or use a credit card. Their choices determine whether the firm has enough cash to pay bills, how much it pays in interest, and how exposed it is to currency or interest-rate swings, so investors watch this role because it directly affects financial stability, funding costs, and the company’s ability to pursue growth.

tokenization technical

"tokenization services, positioning Treasure Global as a rising force in regulated RWA finance"

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

AI-generated analysis. Not financial advice.

Updated 2026 revenue target reflects strengthened capital plan and accelerating fintech and digital asset initiatives

KUALA LUMPUR, Malaysia, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced an updated full-year 2026 revenue target of approximately USD 3 million. This reflects a projected 1,500%+ revenue increase for the remainder of 2026 (Q2–Q4) versus 1Q 2026 revenues of USD 182,527, driven by accelerating adoption across the Company’s integrated fintech and digital asset ecosystem.

This updated outlook raises the Company’s prior 2026 revenue target of approximately USD 1 million announced on December 1, 2025, reflecting a strengthened capital plan and increased visibility into the commercialization of OXI wallet, the UNIRWA real-world asset (“RWA”) token initiative, and the proposed Quarters Elite acquisition.

Earlier in December, Treasure Global completed a 1-for-20 reverse stock split, reducing the number of outstanding shares and strengthening the per-share price in alignment with Nasdaq listing requirements. Management views this step, together with recent equity financing activity under an existing institutional purchase agreement, as part of the Company’s ongoing efforts to optimize its capital structure, enhance marketability, and support the execution of its 2026 growth plan.

Key Operational Milestones Driving Revenue Acceleration

• OXI Wallet – Institutional-Grade Digital Asset Platform
  On track for a 1H 2026 market launch, OXI wallet is designed with institutional-grade security, multi-chain interoperability, and full regulatory compliance. The platform is expected to manage up to USD 10 billion in user-held digital assets during its first year, generating revenue from wallet fees, debit card transactions, listing fees, and tokenization services. As OXI wallet moves from development into commercialization, Treasure Global anticipates increasing contributions from recurring, fee-based revenue streams.

• UNIRWA Token – Exclusive Treasury Manager Mandate for 200 Million RWA Tokens
  Through its subsidiary Tadaa Technologies, Treasure Global has secured an exclusive partnership as the proposed treasury manager for 200 million UNIRWA tokens, expected to represent up to USD 100 million in underlying real estate and hospitality assets across Southeast Asia upon full deployment. The parties are working toward final definitive agreements, subject to customary conditions and applicable regulatory approvals. Tadaa Technologies expects to generate revenue through management fees, transaction fees, and tokenization services, positioning Treasure Global as a rising force in regulated RWA finance and integrating UNIRWA into the OXI wallet ecosystem.

• Quarters Elite – Proposed Acquisition to Expand Distribution and Recurring Revenue
  Treasure Global has entered into heads of terms for the proposed acquisition of a 51% equity interest in Quarters Elite Advisory Sdn. Bhd. (“Quarters Elite”), a Malaysian financial advisory organization managing approximately USD 150 million in client assets. Quarters Elite’s network of over 350 professional consultants serving nearly 3,000 clients is expected to provide a powerful distribution channel for OXI wallet and future digital asset and RWA products, while supporting recurring fee-based advisory and wealth-management revenue. The proposed transaction remains subject to the negotiation and execution of definitive agreements, completion of due diligence, and customary closing conditions.

Together, OXI wallet, the UNIRWA RWA token initiative, and the proposed Quarters Elite acquisition form a connected fintech and digital asset ecosystem designed to drive multi-fold revenue growth, diversify the Company’s income base, and enhance long-term scalability.

Management Commentary

“These milestones demonstrate both the scalability and the earnings potential of our evolving ecosystem,” said Carlson Thow, CEO of Treasure Global. “With OXI wallet moving toward launch, the UNIRWA RWA token mandate progressing, and the Quarters Elite acquisition under active development, we now have greater clarity on how these pillars can translate into commercial outcomes. Based on our strengthened capital plan and current execution roadmap, we are targeting approximately USD 3 million in revenue for 2026, representing about 1,500% growth versus our first-quarter 2026 base.”

“As these initiatives come together, we anticipate a meaningful acceleration in revenue beginning in the second quarter of 2026, with an increasing mix of recurring fee-based revenue streams. We remain focused on disciplined execution and are committed to delivering sustainable, high-quality growth for our shareholders.”

Treasure Global remains committed to operational efficiency, disciplined cost management, and strategic expansion across its fintech and e-commerce verticals. The Company believes these foundations will enable it to deliver on its updated 2026 targets and create long-term shareholder value.

About Treasure Global
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.

Visit treasureglobal.org for more information.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.

Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. Additional risks include volatility in digital asset markets, potential vulnerabilities in custodial security, and evolving global and domestic regulatory frameworks applicable to blockchain technologies. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.

The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

CONTACT
Investor and media contact:
Investor Relations Team
Treasure Global
ir_us@treasureglobal.org

FAQ

What does Treasure Global (TGL) now expect for full-year 2026 revenue?

Treasure Global updated its 2026 revenue target to approximately USD 3.0 million.

How does the USD 3.0M 2026 target compare to Treasure Global's Q1 2026 revenue?

The USD 3.0M target implies about 1,500%+ revenue growth for Q2–Q4 versus Q1 2026 revenue of USD 182,527.

When will Treasure Global launch OXI wallet and what scale is targeted?

OXI wallet is on track for a 1H 2026 market launch and is described as able to manage up to USD 10 billion in user-held digital assets.

What is the UNIRWA token initiative disclosed by Treasure Global (TGL)?

Through Tadaa Technologies, Treasure Global is the proposed treasury manager for 200 million UNIRWA tokens, expected to represent up to USD 100 million in underlying assets upon full deployment.

What are the terms and expected benefits of the Quarters Elite proposed acquisition for TGL?

Treasure Global entered heads of terms to buy a 51% interest in Quarters Elite, which manages about USD 150 million in client assets and provides distribution to ~3,000 clients.

Did Treasure Global take any capital-structure actions in December 2025?

Yes; the company completed a 1-for-20 reverse stock split and cited recent equity financing under an institutional purchase agreement.