The Marygold Companies Reports Financial Results for the Three and Nine Months Ended March 31, 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
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Source: Newsfilter
Financial Performance: The Marygold Companies, Inc. reported a revenue decline to $7.0 million for the third quarter of fiscal 2025, resulting in a net loss of $1.0 million, compared to a loss of $0.5 million in the same period last year. For the nine months ended March 31, 2025, total revenue was $22.9 million, down from $24.6 million, with a net loss of $4.3 million.
Future Outlook: The company is focusing on launching a fintech app in the U.K., which has increased expenses but is expected to contribute positively in the future. Despite ongoing operating losses, TMC aims to reduce costs and monetize investments to return to profitability.
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About MGLD
The Marygold Companies, Inc. operates through its subsidiaries, who are engaged in varied business activities, financial services, food manufacturing, printing, and beauty products, under the trade names USCF Investments, Marygold & Co., Step-By-Step Financial Planners, Marygold & Co. Limited, Gourmet Foods, Printstock Products, and Original Sprout, respectively. Its segments include Fund Management, Food Products, Beauty Products, Financial Services, and Corporate Headquarters. Its primary business focus is the financial services industry, including exchange trade funds (ETF) management. USCF Investments provides fund management services to exchange-traded funds and (ETFs). Food Products manufactures and distributes meat pies on a commercial scale and prints specialty wrappers for the food industry in New Zealand and Australia. Beauty Products is engaged in the wholesale distribution of hair and skin care products on a global scale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Acquisition Intent: Captivision has signed a letter of intent to acquire Montana Tunnels Mining, Inc., which will enable the company to reposition itself as a diversified gold mining and related services business, potentially enhancing its market competitiveness.
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