Stuart P. Crumbaugh
Effective January 12, 2024, The Marygold Companies, Inc. (the “Company”) has accepted the resignation of Stuart P. Crumbaugh on the Company’s Board of Directors and as its chief financial officer.
Highest-materiality recent filing
Marygold Q3 net income $222k on revenue $7.2M (+30.2%); USCF AUM up 81%
Q3 revenue $7.2M (+30.2% YoY, incl. $0.6M from Canadian sub sold Jul '25); net income $222k ($0.01 EPS) vs. loss $1.0M ($0.20 loss).
MGLD Q2 revenue $7.6M, net loss $0.01/share vs $0.04 loss last year; new ETF WTIB launched
Q2 revenue $7.6M vs $8.0M prior (prior included $0.6M from divested Brigadier subsidiary).
Marygold Q1 FY2026: Revenue $7.0M (-11% YoY), Net Loss Narrows to $0.4M
Revenue $7.0M vs $7.9M YoY; net loss $0.4M ($0.01/sh) vs $1.6M ($0.04/sh) prior year.
MGLD stockholders elect 8 directors and ratify BPM as auditor at annual meeting
All eight director nominees elected with over 35.6 million votes each; broker non-votes of 68,488.
Marygold Companies FY2025 revenue $30.2M, net loss $5.8M; halts US fintech
Revenue $30.2M vs $32.8M prior year; net loss $5.8M ($0.14/share) vs $4.1M ($0.10).
Marygold Companies sells Brigadier Security to director's LLC for $2.22M
Total consideration ~US$2.2M: $220K due in 3 business days, $1M at close (July 1), $1M on Sept 1.
Marygold Q3 net loss widens to $1.0M; revenue falls 11% to $7.0M
Revenue $7.0M, down from $7.9M YoY; net loss of $1.0M ($0.02/share) vs loss of $0.5M ($0.01).
Marygold enters ATM equity distribution agreement to sell up to $4.65M of common stock
Equity Distribution Agreement with Maxim Group LLC allows at-the-market sales of up to $4.65M of common stock.
Marygold Companies prices 2.05M share public offering at $1.10/share for ~$2.26M gross proceeds
Offering of 2,050,000 shares at $1.10/share, gross proceeds ~$2.255M; net proceeds ~$1.85M after underwriting costs.
Marygold Q1 net loss widens to $0.04/sh; revenue slips to $7.9M; AUM falls
Revenue $7.9M vs $8.2M YoY; net loss $1.6M ($0.04/sh) vs $0.5M ($0.01/sh) prior year.
All eight directors including Nicholas Gerber and David Neibert were elected with over 33.9 million votes each at the November 8, 2024 Annual Meeting.
Marygold Companies secures up to $6.56M in secured note financing for fintech app rollout
Initial $4.38M secured note issued; up to additional $2.18M expected Jan 2025 upon conditions.
Marygold Companies Q2 fiscal 2024 net loss $1.2M; revenue down to $8.5M
Revenue of $8.5M for Q2 ended Dec 31, 2023, down from $8.8M a year ago.
Marygold CFO and director Stuart Crumbaugh resigns effective Jan 12, 2024
Stuart Crumbaugh resigned from Marygold's Board of Directors and as CFO, effective Jan 12, 2024.
All nine board nominees elected; no broker non-votes on director election.
Marygold Companies reports Q1 FY2024 net loss of $500K on revenues of $8.2M
Net revenues $8.2M, down 8% from $8.9M in prior year period.
Marygold & Co. launches mobile fintech app publicly after beta testing
Marygold & Co. app now available for iOS and Android with Mastercard debit card, no fees/minimums/credit checks.
Marygold Q3 net income falls to $153K from $870K; revenue down 7%
Q3 revenue $8.3M vs $8.9M prior year; net income $153K ($0.00 EPS) vs $870K ($0.02).
Marygold appoints James Alexander as independent director; Stuart Crumbaugh also named to board
James S. Alexander appointed independent director effective April 17, 2023, filling a vacancy.
Marygold Q2 revenue $8.8M; net income $182K; fintech app in beta
Net revenue $8.8M in Q2, down from $9.4M YoY; net income $181,794 vs $1.0M.
Marygold Companies names Timothy Rooney President of fintech subsidiary Marygold & Co.
Timothy Rooney appointed President of Marygold & Co., effective January 19, 2023; retains role as chief compliance officer.
Chad Butler resigns as president/COO of Marygold & Co.; David Neibert appointed interim
Chad Butler resigned as president, COO, and director of Marygold & Co., a wholly-owned subsidiary of The Marygold Companies, effective Nov. 21, 2022.
Marygold Companies reports Q1 net income $497k, revenue $8.9M; remains profitable
Net revenue $8.9M vs $9.7M prior year; net income $497k ($0.01/share) vs loss $1.9M prior year.
Marygold posts investor presentation for LD Micro Main Event XV conference on Oct 26, 2022
Presentation furnished under Regulation FD; no financial updates or guidance provided.
Net income fell to $1.1M from $5.8M prior year; EPS $0.03 vs $0.15.
Marygold Companies issues August 2022 investor presentation; no material financial updates
Filed under Regulation FD with an investor presentation dated August 2022.
Marygold Companies to present at Sidoti Micro-Cap Conference on Aug 17, 2022
CEO Nicholas Gerber and COO David Neibert will present virtually at Sidoti Micro-Cap Conference on Aug 17 at 10:45 a.m. EDT.
Marygold completes Tiger Financial acquisition for £2.4M (~$3.0M); expands UK presence
Aggregate purchase price £2,363,977 (~US$2,978,611), paid in three installments.
Marygold Q3 revenue $9M, net income $0.9M ($0.02 EPS) vs $1.6M year ago
Revenue $9M for Q3 ended March 31, 2022, down from $10M YoY; net income $0.9M ($0.02 diluted EPS) vs $1.6M ($0.04).
Marygold enters employment agreements with CFO, COO, CLO/CCO; $425K salary each
CFO Stuart Crumbaugh, COO David Neibert, CLO/CCO Carolyn Yu each to receive $425,000 base salary.
The Marygold Companies raises $3.8M in upsized offering, uplists to NYSE American
Gross proceeds of $3.795M from 1,897,500 shares at $2.00/share; underwriter discount 7%.
Concierge Technologies changes name to The Marygold Companies, approved for NYSE American uplist
Name change to The Marygold Companies effective March 10, 2022; ticker changes from CNCG to MGLD.
Concierge subsidiary USCF settles SEC/CFTC enforcement for $2.5M penalty
USCF and USO settled SEC and CFTC charges over alleged misstatements during Apr-May 2020.
Concierge Technologies acquires UK asset manager Tiger Financial for £1.5M
Cash purchase price of £1.5M (~$2.1M) plus liquid assets; paid in three installments over two years.
Effective January 12, 2024, The Marygold Companies, Inc. (the “Company”) has accepted the resignation of Stuart P. Crumbaugh on the Company’s Board of Directors and as its chief financial officer.
Effective January 12, 2024, The Marygold Companies, Inc. (the “Company”) has accepted the resignation of Stuart P. Crumbaugh on the Company’s Board of Directors and as its chief financial officer.
approved appointing James S. Alexander to the Board of Directors with the appointment effective April 17, 2023, to fill a vacancy on the Board of Directors.
appointed James S. Alexander and Stuart P. Crumbaugh to fill vacancies on the Company’s Board of Directors.
accepted the resignation of Kathryn D. Rooney and appointed James S. Alexander and Stuart P. Crumbaugh to fill vacancies on the Company’s Board of Directors.
Max materiality 0.75 · Median 0.60 · Most common event earnings