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Thorney Technologies Ltd (ASX:TEK)

ALERT: Price-sensitive ASX Announcement for TEK
Current share price for TEK : $0.090 -0.03 (-25%)+
Announcement
Release
24 Feb 2026 4:28PM
Price at Release
$0.120
Full Release
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Summary
Thorney Technologies Ltd's half-year financial results for the period ending 31 December 2025 show a net profit after tax of $1,593,761, despite challenging market conditions. The company's principal activity remains investing in global technology sectors. Their largest portfolio holdings include companies like Credit Clear Limited and Calix Limited, representing 21% of total assets. The net tangible asset backing after tax was 25.8 cents per share. Throughout the half-year, no shares were repurchased, and no performance fees were payable to the investment manager. Despite no dividends being declared or paid, the company remains confident in the value of its portfolio, continuing disciplined capital management practices.
Key Points
  • Net profit after tax for the half-year was $1,593,761.
  • Key portfolio holdings include Credit Clear Limited and Calix Limited.
  • Net tangible asset backing after tax was 25.8 cents per share.
  • No shares were repurchased during the period.
  • The company did not pay or declare any dividends for the half-year.
  • Market conditions were challenging with a focus on disciplined capital management.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.