Quarterly ResultMay 12, 2026, 09:02 AM
Marygold Companies Q3 Revenue +30.2% to $7.2M; Net Income $222K
AI Summary
Marygold Companies reported a 30.2% increase in revenue to $7.2 million for the third fiscal quarter ended March 31, 2026, achieving a net income of $222,000 ($0.01 per share) compared to a loss last year. For the nine-month period, revenue rose to $18.4 million, and the net loss significantly reduced to $0.7 million ($0.02 per share). The positive performance is attributed to growth in USCF Fund Management and reduced fintech expenses, alongside a strategic transformation involving the sale of its Canadian subsidiary and plans to divest New Zealand businesses to focus on financial services.
Key Highlights
- Q3 2026 revenue increased 30.2% to $7.2 million from $5.5 million year-over-year.
- Q3 2026 net income was $222,000, or $0.01 per share, compared to a $1.0 million loss last year.
- Nine-month 2026 revenue increased to $18.4 million from $17.9 million year-over-year.
- Nine-month 2026 net loss reduced to $0.7 million, or $0.02 per share, from $4.3 million loss.
- USCF Investments revenue grew 55% to $6.3 million, with AUM averaging $4.7 billion (+81%).
- Company initiated a formal process to sell New Zealand businesses (Gourmet Foods, Printstock Products).
- Canadian subsidiary (Brigadier Security Systems Ltd.) was sold in July 2025 for $2.3 million.
- Cash and cash equivalents were $3.0 million and investments totaled $7.9 million at March 31, 2026.
Price Impact
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