---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-031861"
form_type: "8-K"
ticker: "MGLD"
cik: "0001005101"
company_name: "Marygold Companies, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:07:20.618859+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Marygold Companies reports Q1 FY2024 net loss of $500K on revenues of $8.2M

## Summary
- Net revenues $8.2M, down 8% from $8.9M in prior year period.
- Net loss of $500K ($0.01 per share) vs net income of $497K ($0.01 per share) last year.
- Cash and equivalents $7.0M; no debt; total assets $35.5M, equity $30.0M.
- Loss primarily due to investment in Marygold & Co. fintech app development and marketing.
- COO notes operating subsidiaries remain cash flow positive; revenue decline within acceptable volatility.

## SEC filing metadata
- accession: 0001437749-23-031861
- form_type: 8-K
- ticker: MGLD
- cik: 0001005101
- company_name: Marygold Companies, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1005101/000143774923031861/0001437749-23-031861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005101/000143774923031861/mgld20231113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-031861
- JSON: https://secwatch.observer/filing/0001437749-23-031861.json
- Plain text: https://secwatch.observer/filing/0001437749-23-031861.txt

## Key facts
- Earnings Releases
  Marygold Companies, Inc. reported three months ended September 30, 2023 results: revenue $8.2 million, net income net loss of $500 thousand, EPS loss of $0.1 per share.
  - Period: three months ended September 30, 2023
  - Revenue: $8.2 million
  - Net income: net loss of $500 thousand
  - EPS: loss of $0.1 per share
  - Result: reported results
  source text: The Marygold Companies Reports Financial Results for 2024 First Fiscal Quarter San Clemente, Calif., November 13, 2023 —The Marygold Companies, Inc. ("TMC," or the "Company") (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the 2024 first fiscal quarter ended September 30, 2023. Net revenues for the three months ended September 30, 2023 were $8.2 million, versus $8.9 million last year. The Company registered a net loss of $500 thousand, equal to a loss of $0.1 per share, for the fiscal 2024 first quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005101/000143774923031861/0001437749-23-031861-index.htm

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