Marygold Q2 revenue $8.8M; net income $182K; fintech app in beta

Marygold Companies, Inc.

2023-Q2 EPS reported $0.02 revenue$17,696,534

Net revenue $8.8M in Q2, down from $9.4M YoY; net income $181,794 vs $1.0M.
H1 net income $678,962 improved from loss of $857,658 (incl. $2.5M legal settlement).
Cash and cash equivalents $14.6M, no debt; stockholders' equity $29.8M.
USCF AUM averaged $3.8B in Q2, down from $4.2B prior year.
Fintech app enters beta testing; soft launch expected later calendar 2023.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Marygold Companies, Inc. reported financial results for three and six months ended December 31, 2022.

Period: three and six months ended December 31, 2022
Result: reported results

Exact text from the filing

On February 14, 2023, The Marygold Companies, Inc. issued a press release announcing its financial results for the three and six months ended December 31, 2022.

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23 earnings releases filed in the last 30 days. Browse all earnings releases →

Marygold Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-003399

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