secwatch.observer — SEC 8-K summary
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Issuer:     Marygold Companies, Inc. (MGLD)
CIK:        0001005101
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001493152-24-006822
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005101/000149315224006822/0001493152-24-006822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005101/000149315224006822/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-006822

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