earnings
confidence high
sentiment positive
materiality 0.60
MGLD Q2 revenue $7.6M, net loss $0.01/share vs $0.04 loss last year; new ETF WTIB launched
Marygold Companies, Inc.
2026-Q2 EPS reported
-$0.02
revenue$14,607,000
- Q2 revenue $7.6M vs $8.0M prior (prior included $0.6M from divested Brigadier subsidiary).
- Net loss $0.6M ($0.01/share) vs $1.7M ($0.04/share) YoY, improved $1.1M on expense cuts.
- Six-month net loss $0.9M ($0.02/share) vs $3.3M ($0.08/share) prior; includes $0.5M gain on Brigadier sale.
- Balance sheet: $4.1M cash, $27.8M assets, $22.7M equity, no debt; launched new ETF WTIB on NYSE Arca.
- Original Sprout profitable for second consecutive quarter; fintech dev costs curtailed.