Marygold Q3 revenue $9M, net income $0.9M ($0.02 EPS) vs $1.6M year ago

Marygold Companies, Inc.

2023-Q3 EPS reported $0.00 revenue$27,963,824

Revenue $9M for Q3 ended March 31, 2022, down from $10M YoY; net income $0.9M ($0.02 diluted EPS) vs $1.6M ($0.04).
Nine-month net income $12K (breakeven) vs $5M YoY, hurt by $2.5M USCF settlement and $1.5M app development costs.
Completed upsized public offering of 1.9M shares at $2.00, gross proceeds ~$3.7M; shares now trade on NYSE American under MGLD.
Balance sheet strong: $34M total assets, $16M cash, $28M equity; company remains debt-free.
Marygold mobile fintech app nearing completion; beta testing expected in coming months, launch by end of calendar 2022.

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