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Tryhard Holdings Ltd (THH) stock

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NASDAQ: THH Nasdaq Diversified Support Services

E Fundamentals grade

Tryhard Holdings Ltd is a US-listed company in the diversified support services industry. Its financial year ends in June.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: valuation models disagree too widely to rate.

Price vs value

Under review: valuation models disagree too widely to rate. We'll show the comparison once resolved.

Tryhard Holdings Ltd valuation: adjust assumptions and compare models →

Value diary

Our note on each quarter Tryhard Holdings files

Where Tryhard stands after its latest Filing

Revenue for the twelve months was $21m. That puts it 30 of 32 for growth among the diversified support services companies we cover. Free-cash-flow margin held at -22.4%. The diluted share count is up 2.1% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 3 of our 6 financial-health checks.

Our model value for Tryhard Holdings is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Tryhard Holdings Ltd's trailing-twelve-month revenue fell 13.3% year on year, with a free-cash-flow margin of -22.4%. Where it stands out: long-term debt as % of assets of 7.9% ranks 4 of 18 diversified support services companies we cover. Where it lags: revenue growth of -13.3% ranks 30 of 32 diversified support services companies we cover.

Current signal Net income rising while operating cash flow falls: TTM net income grew 14.3% while operating cash flow fell 224.4% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Tryhard Holdings Ltd's latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 13.3% over the last 12 months.
  • Growth slowing. The growth rate is 15.3 points lower than a quarter earlier.
  • Loss-making. Operating margin is -8.3%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 9.9 points on a year ago.
  • Burning cash. Free cash flow was -22.4% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 2.1% in a year.

Price chart

  • 1 day-0.4%
  • 1 week+2.9%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$20.5M
Operating margin
-8.3%
Net margin
0.6%
EPS (TTM, diluted)
$0.02

Growth

Revenue growth
−13.3%
Change in growth rate
−15.3 pts
Share count change
+2.1%

Cash

Free cash flow (TTM)
-$4.6M
FCF margin
-22.4%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for THH from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Tryhard Holdings Ltd valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Tryhard Holdings Ltd as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.81 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$0.4 ~$0.4–$0.9 Left out: far from the other models (more than 3x away from their median)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$4.2 ~$2.8–$6.4 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$3.6 ~$3.1–$4.4 Included
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$0.8 ~$0.8–$1.5 Included
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Tryhard Holdings Ltd with Diversified Support Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Tryhard Holdings Ltd: too few analysts cover it.

Positioning

Short interest
0.0%
of tradable shares
Days to cover
0.01
at average volume
Short interest, 1 month
−52%
to October 15, 2026
Held by institutions
1%
of shares
Held by insiders
42.3%
of shares
Employees
116
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Tryhard Holdings Ltd in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Tryhard Holdings Ltd
$20M $21M $22M $23M $24M FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Revenue (TTM), FY23 Q4: $22M Revenue (TTM), FY24 Q4: $23.2M Revenue (TTM), FY25 Q4: $23.7M Revenue (TTM), FY26 Q4: $20.5M $20.5M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $22M
FY24 Q4 $23.2M
FY25 Q4 $23.7M
FY26 Q4 $20.5M
Operating margin (TTM) Tryhard Holdings Ltd
-10% -5% 0% 5% FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Operating margin (TTM), FY23 Q4: 2.4% Operating margin (TTM), FY24 Q4: 4.6% Operating margin (TTM), FY25 Q4: 1.6% Operating margin (TTM), FY26 Q4: -8.3% -8.3%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 2.4%
FY24 Q4 4.6%
FY25 Q4 1.6%
FY26 Q4 -8.3%
FCF margin (TTM) Tryhard Holdings Ltd
-30% -20% -10% 0% 10% FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 FCF margin (TTM), FY23 Q4: 7.3% FCF margin (TTM), FY24 Q4: 1.3% FCF margin (TTM), FY25 Q4: -6.9% FCF margin (TTM), FY26 Q4: -22.4% -22.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 7.3%
FY24 Q4 1.3%
FY25 Q4 -6.9%
FY26 Q4 -22.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 22 23 24 21
Gross profit 4 5 5 2
EBITDA 1 1 1 −1
Operating income 1 1 0 −2
Net income 0 1 0 0
Diluted EPS $0.05 $0.18 $0.02 $0.02
Growth (year on year)
Revenue — +5.8% +2.0% −13.3%
EBITDA — +67.6% −46.1% −265.6%
Operating income — +103.9% −64.5% —
Net income — — −89.0% —
Diluted EPS — — −89.0% —
Margins
Gross margin 19.3% 22.6% 19.8% 9.7%
EBITDA margin 4.0% 6.4% 3.4% −6.4%
Operating margin 2.4% 4.6% 1.6% −8.3%
Net margin 1.1% 4.0% 0.4% 0.6%
Free-cash-flow margin 7.3% 1.3% −6.9% −22.4%
Cash flow
Cash from operations 2 1 −1 −4
Capital spending 1 1 0 0
Free cash flow 2 0 −2 −5
Balance sheet
Cash 0 1 0 1
Total debt 0 6 6 2
Net debt (negative = net cash) −0 5 6 1
Diluted shares 5m 5m 5m 5m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 6 checks passed · June 30, 2026
What it owns · $20m
Short-term assets $10mLonger-term assets $11m
What it owes, and who funded it · $20m
Short-term liabilities $7mLonger-term liabilities $6mShareholders' equity $7m
  • Short-term assets cover short-term liabilities $10m of assets due within a year against $7m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $10m short-term assets against $6m of longer-dated liabilities.
  • More cash than debt $735,834 of cash against $2m of debt.
  • Debt below 40% of shareholders' equity Debt is 29% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$4m of operating cash flow against $2m of debt.
  • Operating profit covers interest at least five times over Operating income of −$2m against $13 of interest.

From Tryhard Holdings Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+2.1%
year over year

Competitors: side by side with peers

Closest by revenue in diversified support services
Last 12 months unless stated THH SUGP CRE HCAI GFAI HGBL Median
Revenue, last 12 months $21m $25m $17m $15m $35m $48m $906m
Revenue growth, last 12 months −13.3% 5.9% 26.2% −63.6% 8.0% −1.5% 6.3%
Gross margin 9.7% 16.0% 41.9% 2.7% 15.0% −61.8% 29.0%
Operating margin −8.3% −10.4% 4.5% −142.5% −16.7% −37.0% 4.9%
Net margin 0.6% −9.6% 4.0% −283.6% −18.9% −29.6% 2.7%
Cash from operations / revenue −20.9% −8.0% 8.8% −8.7% −3.7% 1.2% 7.1%
Free-cash-flow margin −22.4% −8.9% 8.3% −8.7% −4.7% −2.3% 3.7%
Stock pay / revenue — — — 140.4% 3.8% 1.6% 1.4%
Change in share count 2.1% 6.2% 3.3% 12.6% 96.4% −4.2% 0.1%

Median of all 32 companies we cover in diversified support services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

32 diversified support services companies
Measure Company Peer median Rank
Revenue growth Growth -13.3% 6.5% 30 of 32
Change in growth rate Growth -15.3pp +0.8pp 30 of 32
Gross margin Profitability 9.7% 26.4% 18 of 22
Operating margin Profitability -8.3% 4.5% 22 of 29
Net margin Profitability 0.6% 3.3% 20 of 32
Free-cash-flow margin Cash generation -22.4% 4.1% 29 of 31
Long-term debt as % of assets Balance sheet 7.9% 33.7% 4 of 18
Change in share count Balance sheet 2.1% -0.1% 20 of 28

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Tryhard Holdings Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Tryhard Holdings Ltd in brief

What does Tryhard Holdings Ltd do?
Tryhard Holdings Ltd is a US-listed company in the diversified support services industry. Its financial year ends in June.
What is Tryhard Holdings Ltd's stock ticker?
Tryhard Holdings Ltd trades under the ticker THH on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Tryhard Holdings Ltd's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Tryhard Holdings Ltd reported revenue of $20.5M, 13.3% lower than a year earlier, according to its SEC filings.
What is Tryhard Holdings Ltd's free cash flow?
Tryhard Holdings Ltd's free-cash-flow margin is -22.4% of revenue over the trailing twelve months, ranking 29 of the 31 diversified support services companies we cover.
How much debt does Tryhard Holdings Ltd have?
Tryhard Holdings Ltd's debt-to-equity ratio is 28.5%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Tryhard Holdings Ltd's competitors?
In our Diversified Support Services peer group, the companies closest to Tryhard Holdings Ltd are SU Group Holdings Ltd, Cre8 Enterprise Ltd, Huachen AI Parking Management Technology Holding Co., Ltd, Guardforce AI Co., Ltd. and Heritage Global Inc. The side-by-side comparison below sets their revenue, margins and growth against Tryhard Holdings Ltd's.