---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-014574"
form_type: "8-K"
ticker: "MGLD"
cik: "0001005101"
company_name: "Marygold Companies, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:26:20.768607+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Marygold Q3 net income falls to $153K from $870K; revenue down 7%

## Summary
- Q3 revenue $8.3M vs $8.9M prior year; net income $153K ($0.00 EPS) vs $870K ($0.02).
- 9-month net income rose to $832K ($0.02 EPS) from $12K; prior year hit by $2.5M legal settlement.
- Cash $9.9M, no debt; AUM at USCF fell to $3.7B from $4.4B, lowering management fees.
- Non-financial units profitable overall; inflationary pressures dent margins.
- Marygold fintech app beta testing underway; 11,000 on waitlist, commercial launch expected soon.

## SEC filing metadata
- accession: 0001437749-23-014574
- form_type: 8-K
- ticker: MGLD
- cik: 0001005101
- company_name: Marygold Companies, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005101/000143774923014574/0001437749-23-014574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005101/000143774923014574/mgld20230512c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-014574
- JSON: https://secwatch.observer/filing/0001437749-23-014574.json
- Plain text: https://secwatch.observer/filing/0001437749-23-014574.txt

## Key facts
- Earnings Releases
  Marygold Companies, Inc. reported three months ended March 31, 2023 results: revenue $8.3 million, net income $153,294, EPS breakeven per diluted share.
  - Period: three months ended March 31, 2023
  - Revenue: $8.3 million
  - Net income: $153,294
  - EPS: breakeven per diluted share
  - Result: reported results
  source text: Net revenue for the three months ended March 31, 2023 was $8.3 million, versus $8.9 million for the comparable prior year period. The Company achieved net income of $153,294 for the current third fiscal quarter, equal to breakeven per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005101/000143774923014574/0001437749-23-014574-index.htm
- Earnings Releases
  Marygold Companies, Inc. reported nine months ended March 31, 2023 results: revenue $15.7 million, net income $832,256, EPS $0.02 per diluted share.
  - Period: nine months ended March 31, 2023
  - Revenue: $15.7 million
  - Net income: $832,256
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: For the first nine months of the current fiscal year, net revenue was $15.7 million, versus $17.2 million in the comparable period last year. Net income for the nine months ended March 31, 2023 increased to $832,256, equal to $0.02 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005101/000143774923014574/0001437749-23-014574-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.