TryHard Holdings Limited(THH)Earnings, Financials & Key Ratios

THH•NASDAQ

$0.31

9999.0× P/E·Price updated Jul 7, 2026

SectorIndustrials IndustryBusiness Services Sub-IndustryMarketing, Printing and Investor Communications

AboutTryHard Holdings Limited, a lifestyle entertainment company, provides a range of services across the entertainment and hospitality sectors. It offers multi-genre event curation services, including conceptualizing an event or function; designing and creating a theme for a stage or event; and provision of public announcement sound systems, lighting, and disc jockey and video jockey technicians, as well as security, graphics/web design, music video production and enhancement, and ticketing services. The company also provides consultancy and management services, such as venue management, artist production and management, security, food and beverage, ticketing, accounting, visual design, VIP packages, photography, logo design, marketing, etc. In addition, it offers sub-leasing solutions to entertainment venue owners and operators; and operates a portfolio of restaurants that provides a range of cuisines and dining experiences. The company was founded in 2013 and is headquartered in Osaka, Japan.Show more

Revenue$24.57B+609.9%
EBITDA$880M+109.8%
Net Income$105M-23.6%
EPS (Diluted)0.00-99.9%
Gross Margin18.93%-16.0%
EBITDA Margin3.58%-70.4%
Operating Margin1.61%-65.2%
Net Margin0.43%-89.2%
ROE3.61%-92.0%

THH Price & Volume

TryHard Holdings Limited (THH) stock price & volume — 10-year historical chart

Loading chart...

Revenue Scaling Fails To Drive Margin Accretion

Investment Thesis • Updated 2024Q4

VerdictNegative

Growth:Accelerating

Profitability:Strained

Financial:Strained

Cash Flow:Deteriorating

Primary Risk:Regulatory and Margin Fragility

Key Thesis Takeaways

TryHard Holdings Limited is currently prioritizing aggressive top-line expansion, evidenced by a 36.2% revenue growth rate in 2024Q4, yet this strategy appears to be severely undermining profitability as gross margins have compressed from 26.1% in 2023Q3 to 16.2%.
The company's reliance on a capital-intensive asset base of $12.9 billion in property, plant, and equipment, coupled with a precarious current ratio of 0.99, suggests significant operational fragility.
Investors should monitor the persistent disconnect between accounting profits and cash generation, as the negative 21.6% free cash flow margin indicates a fundamental inability to self-fund operations.

Verdict Logic

the company's inability to convert revenue into positive cash flow, evidenced by a negative 21.6% free cash flow margin, presents an unsustainable risk profile for long-term investors.

THH Growth Metrics

TryHard Holdings Limited (THH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years-

3 Years-

TTM-

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-

Return on Capital

10 Years4.65%

5 Years4.65%

3 Years4.65%

Last Year4.14%

Latest THH News

Recent stock market news and headlines for TryHard Holdings Limited (THH)

GlobeNewsWire·Jun 29, 2026

Music Circus to Drive TryHard Holdings' Expansion in Cultural Programming and Nationwide Events with SBI Holdings

OSAKA, Japan, June 29, 2026 (GLOBE NEWSWIRE) -- TryHard Holdings Limited (“TryHard” or the “Company”) (Nasdaq: THH), a lifestyle entertainment platform in Japan, today announces the continued expansion of its events and cultural programming business under its flagship brand, Music Circus. The expansion reflects the Company's strategy to build a diversified entertainment ecosystem that extends beyond traditional nightlife operations, with SBI Holdings, Inc. ("SBI") as majority shareholder and strategic partner.

GlobeNewsWire·Jun 18, 2026

TryHard Holdings (Nasdaq: THH) Expands Nationwide Presence With 23 Venues Across 13 Cities

OSAKA, Japan, June 18, 2026 (GLOBE NEWSWIRE) -- TryHard Holdings Limited (“TryHard” or the “Company”) (Nasdaq: THH), a lifestyle entertainment platform in Japan, today announced the expansion of its nationwide footprint with 23 venues operating across 13 cities, following three market entries since its initial public offering in 2025. TryHard currently operates 23 entertainment venues across Japan, with a strong presence in major metropolitan areas, including: Osaka: G2 OSAKA, AMMONA, OWL OSAKA, BAMBI, CRAZYLAND BY CHEVAL, PICCADILLY PREMIUM and GIRAFFE Kyoto: KITSUNE KYOTO and WHIZZ KYOTO Nagoya: ORCA NAGOYA, CLUB SANGO (Nagoya) and CLUB STAR Tokyo: WARP SHINJUKU and CROSS ROPPONGI Sapporo: SANGO Riviera Sendai: Dragon Night Club Saitama: Club Nineteen Shizuoka: G2 SHIZUOKA Kobe: ANCHOR Hiroshima: LAGOON HIROSHIMA Fukuoka: BLANK BAMBI Kumamoto: SPACE KUMAMOTO Okinawa: TOP TREE OKINAWA With these additions, TryHard's territory coverage now spans 13 cities from Sapporo to Naha.

Peers Comparison

Key metrics vs top competitors for TryHard Holdings Limited (THH)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
THHTryHard Holdings LimitedCurrent	$0.31	$15.54M	9999.00	609.88%	0.43%	3.61%	—
GAMBGambling.com Group Limited	$1.94	$68.09M	-2.09	30.09%	-27.44%	-37.13%	—
DKNGDraftKings Inc.	$26.91	$13.34B	-3322.22	26.99%	0.93%	7.88%	—
PENNPENN Entertainment, Inc.	$20.78	$2.78B	-3.56	5.82%	-13.54%	-44.61%	—
RSIRush Street Interactive, Inc.	$32.31	$3.45B	230.79	22.76%	2.98%	12.91%	—
GENIGenius Sports Limited	$6.47	$1.67B	-14.70	31.04%	-22.27%	-22.2%	—

Compare THH vs Peers

TryHard Holdings Limited (THH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GAMB

Most directly comparable listed peer for THH.

Scale Benchmark

vs NTES

Larger-name benchmark to compare THH against a more recognizable public peer.

Peer Set

Compare Top 5

vs GAMB, DKNG, PENN, RSI

Get notified when THH posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

THH Frequently Asked Questions

TryHard Holdings Limited (THH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is TryHard Holdings Limited's revenue?

TryHard Holdings Limited (THH) reported $23.8M in revenue for fiscal year 2024. This represents a 99% decrease from $3.01B in 2022.

How fast is TryHard Holdings Limited growing?

TryHard Holdings Limited (THH) grew revenue by 609.9% over the past year. This is strong growth.

Is THH profitable?

Yes, TryHard Holdings Limited (THH) is profitable, generating $0.1M in net income for fiscal year 2024 (0.4% net margin).

Dividend & Returns

What is THH's return on equity?

TryHard Holdings Limited (THH) has a return on equity (ROE) of 3.6%. This is below average, suggesting room for improvement.

What is TryHard Holdings Limited's free cash flow?

TryHard Holdings Limited (THH) had negative free cash flow of $1.7M in fiscal year 2024, likely due to heavy capital investments.

What if you invested $1,000 in THH back in 2022?

Total return calculator · dividends reinvested · 4+ years of data

See returns →

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

THHTryHard Holdings LimitedCurrent

$0.31

$15.54M

9999.00

609.88%

0.43%

3.61%

—

GAMBGambling.com Group Limited

$1.94

$68.09M

-2.09

30.09%

-27.44%

-37.13%

—

DKNGDraftKings Inc.

$26.91

$13.34B

-3322.22

26.99%

0.93%

7.88%

—

PENNPENN Entertainment, Inc.

$20.78

$2.78B

-3.56

5.82%

-13.54%

-44.61%

—

RSIRush Street Interactive, Inc.

$32.31

$3.45B

230.79

22.76%

2.98%

12.91%

—

GENIGenius Sports Limited

$6.47

$1.67B

-14.70

31.04%

-22.27%

-22.2%

—