Thorney Technologies Ltd
TEK.AX operates in the investment management and fund operators industry, providing banking and investment services to its clients.
Business. TEK.AX is an investment management and fund operator listed on the Australian Securities Exchange (ASX). The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models. Specific details regarding its operating segments and geographic presence are not available. Headquarters information is also not provided in the available data.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
TEK.AX is an investment management and fund operator listed on the Australian Securities Exchange (ASX). The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models. Specific details regarding its operating segments and geographic presence are not available. Headquarters information is also not provided in the available data.
TEK.AX has a capital structure characterized by a high level of equity and no long-term debt, with total equity of 95,845,400 AUD and total liabilities of 10,842,800 AUD. The company's liquidity position is strong, as indicated by a current ratio of 52.7, suggesting it has ample short-term assets to cover its short-term liabilities.
Profitability metrics for TEK.AX are negative, with a return on equity of -4.86% and a return on assets of -4.81%, indicating that the company is not generating returns for its shareholders or effectively utilizing its assets. These figures are below the industry norms for investment management and fund operators, which typically require positive returns to attract and retain investors.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of diversification could expose the company to higher risks if the segment faces challenges.
TEK.AX's growth trajectory is uncertain, as the company reported a net loss of 4,661,810 AUD, which is a significant decline from its operating income of 341,210 AUD. The company's future performance will depend on its ability to reverse this trend and improve its profitability.
Risk factors for TEK.AX include its negative net income and the potential for further losses, which could impact its financial stability. However, the company has no immediate filing-based liquidity or dilution flags, suggesting that it is not currently facing significant financial distress. The company's capital structure, with no long-term debt, also reduces its exposure to interest rate fluctuations and debt servicing risks.
Recent events for TEK.AX include the reporting of a net loss, which is a significant concern for investors. The company's operating cash flow of 4,600,120 AUD indicates that it is generating positive cash from operations, which could help in addressing its net loss. However, the company will need to address the underlying issues causing the net loss to ensure long-term sustainability.
- TEK.AX has a strong liquidity position with a current ratio of 52.7, indicating it has ample short-term assets to cover its short-term liabilities.
- The company is not generating returns for its shareholders, with a return on equity of -4.86% and a return on assets of -4.81%.
- TEK.AX's revenue is concentrated in a single business segment, which could expose the company to higher risks if the segment faces challenges.
- The company reported a net loss of 4,661,810 AUD, which is a significant decline from its operating income of 341,210 AUD.
- TEK.AX has no immediate filing-based liquidity or dilution flags, suggesting that it is not currently facing significant financial distress.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- TEK.AX Market data — financials · 2026-05-29