Marygold Companies Q2 fiscal 2024 net loss $1.2M; revenue down to $8.5M

Marygold Companies, Inc.

2024-Q2 EPS reported -$0.04 revenue$16,692,000

Revenue of $8.5M for Q2 ended Dec 31, 2023, down from $8.8M a year ago.
Net loss of $1.2M ($0.03 loss per share) vs net income of $0.2M in prior year.
Six-month revenue $16.7M, net loss $1.7M ($0.04 per share) vs net income $0.7M a year ago.
Cash and equivalents $6.2M, investments $12.4M; essentially no debt; total assets $35M, equity $29M.
Net loss driven by continued investment in Marygold & Co. fintech app; core businesses generating cash.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Marygold Companies, Inc. reported three and six months ended December 31, 2023 results: revenue $8.5 million, net income net loss of $1.2 million, equal to a loss of $0.03 per share.

Period: three and six months ended December 31, 2023
Revenue: $8.5 million
Net income: net loss of $1.2 million, equal to a loss of $0.03 per share
Result: reported results

Exact text from the filing

The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the three and six months ended December 31, 2023. Revenue for the three months ended December 31, 2023 was $8.5 million, compared with $8.8 million, last year. The Company registered a net loss of $1.2 million, equal to a loss of $0.03 per share, for the fiscal 2024 second quarter

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Marygold Companies, Inc. reported six months ended December 31, 2023 results: revenue $16.7 million, net income net loss of $1.7 million, or $0.04 per share.

Period: six months ended December 31, 2023
Revenue: $16.7 million
Net income: net loss of $1.7 million, or $0.04 per share
Result: reported results

Exact text from the filing

For the six-month period ended December 31, 2023, revenue was $16.7 million, versus $17.7 million for the comparable period last year. A net loss of $1.7 million, or $0.04 per share, was recorded for the six months ended December 31, 2023

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Marygold Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-006822

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