Marygold Companies reports fiscal 2022 net income $1.1M ($0.03 EPS) on $37.8M revenue; hit by $5.7M in expenses

Marygold Companies, Inc.

Net income fell to $1.1M from $5.8M prior year; EPS $0.03 vs $0.15.
Revenue $37.8M, down 5% from $39.9M; Q4 revenue $9.9M, net income $1.1M.
Expenses included $2.5M legal settlement and $3.2M for fintech app development.
Cash $12.9M (down from $16.0M); total assets $35.3M; debt-free after paying $740K related-party debt.
Subsidiary Marygold & Co. UK acquired Tiger Financial for ~$2.9M in June 2022.

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