TZ Ltd. operates as a smart lock technology company that provides developing and licensing propriety technologies. The company is headquartered in Sydney, New South Wales. The firm operates in four segments: Australia, the United States of America (USA), Europe, the Middle East and Africa (EMEA) and Asia. Its TZ Smart Devices use advanced shape memory alloy (SMA) materials as actuators and embedded sensors to optimize operation. Its TZ parcel software is used for automating retail, residential or on-campus parcel deliveries. Its TZ’s smart software and locker system deliver a 24/7 parcel management solution for contactless delivery and collection. Its networked office system offers hybrid workplace delivery, secure storage solutions, and contactless delivery locations.
TZ Limited (ASX: TZL)
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Here are the latest articles on TZ Limited (ASX: TZL)
TZ Limited swings back into profitability after global restructure to capitalise on smart locker demand
February 27, 2024
With the convenience of eCommerce and having goods delivered to your door, it’s no surprise that doorstop theft has become one of the biggest issues facing the industry. It’s why smart lockers from TZ Limited (ASX: TZL) are proving immensely popular and swinging the Company into profitability following a global restructure of their operations and
TZ smart lockers reports more positive cash flow in Q2 as it guns for profitability in FY24
January 15, 2024
Smart lockers company TZ Limited (ASX: TZL), serving clients like Apple, JLL, adidas, NSW Health and more, has reported a positive net cash inflow from operating activities, totaling $775,000 in Q2 FY24. Key components of the operating cash flows included receipts of $5 million, coming to $8.8 million year to date. It also reported payments
TZ Limited secures $2.6m purchase order for smart lockers in pursuit of ambitious profit target
November 6, 2023
A global transport and logistics operator has tapped Aussie tech company TZ Limited (ASX: TZL) for $2.6 million worth of smart lockers and software, a rapidly growing technology in the online shopping era where products (even food) is becoming increasingly at risk of theft. The order is expected to be delivered by TZL by early
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