secwatch.observer — SEC 8-K summary
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Issuer:     Marygold Companies, Inc. (MGLD)
CIK:        0001005101
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001437749-22-027422
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marygold Companies reports Q1 net income $497k, revenue $8.9M; remains profitable
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- Net revenue $8.9M vs $9.7M prior year; net income $497k ($0.01/share) vs loss $1.9M prior year.
- Cash and equivalents grew to $13.4M from $12.9M at June 30; total equity $29.2M.
- USCF Investments AUM dropped ~$300M; revenue down $238k; other subsidiaries' gross profit up 2-9%.
- Marygold & Co. fintech mobile app in final testing phases; Tiger Financial acquired in UK.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005101/000143774922027422/0001437749-22-027422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005101/000143774922027422/mgld20221114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027422

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer