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Touch Ventures Limited (ASX:TVL)

ALERT: Price-sensitive ASX Announcement for TVL
Current share price for TVL : $0.057 -0.001 (-1.72%)+
Announcement
Release
14 Aug 2026 8:36AM
Price at Release
$0.058
Full Release
download
Summary
The Interim Financial Statements of Touch Ventures Limited for the half year ended 30 June 2026, detail the company's financial performance and position. The report highlights a net loss of $3.6 million, with significant components including a fair value loss of $2.6 million and an unrealized foreign exchange loss of $0.5 million. The company made notable investments, including a US$2.0 million investment in Time Therapeutics Inc. and US$3.6 million in AE EventsCo Holdings. Total assets stood at $76.7 million against liabilities of $234,000, resulting in net assets of $76.5 million. Cash and cash equivalents decreased from $16.6 million at the end of 2025 to $10.9 million as of 30 June 2026. The report complies with the Corporations Act 2001 and AASB 134 Interim Financial Reporting standards.
Key Points
  • Net loss of $3.6 million for half year ended 30 June 2026
  • Fair value loss of $2.6 million on investments
  • Unrealized foreign exchange loss of $0.5 million
  • Investments in Time Therapeutics Inc. and AE EventsCo Holdings
  • Total assets of $76.7 million and liabilities of $234,000
  • Net assets valued at $76.5 million
  • Cash and cash equivalents reduced to $10.9 million
  • Financial statements comply with Corporations Act 2001 and AASB 134
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.