| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 7.19 | 5.9% | 2.3% |
| Total Income | 7.19 | 5.9% | 2.3% |
| Expenditure | 7.33 | 11.4% | 14.1% |
| PBT | 0.23 | 141.1% | 117.4% |
| Net Profit | 0.22 | 137.9% | 121.8% |
| OPM | -1.89% | 6.36pp | 19.51pp |
| NPM | 3.09% | 10.62pp | 17.49pp |
| EPS | 0.01 | 200.0% | 150.0% |
The Marygold Companies Reports Q3 2026 Revenue Increase of 30.2%
12 May 2026 · 12 May, 6:32 pm
Summary
The Marygold Companies reported a 30.2% increase in revenue for the third fiscal quarter of 2026, reaching $7.2 million. Net income improved to $222,000, a significant turnaround from the $1.0 million loss in the same period last year. For the nine months ended March 31, 2026, revenue increased to $18.4 million. The company's net loss for the year-to-date period was reduced to $0.7 million. The company is focusing on ETF fund management and financial services, initiating a formal process to sell its New Zealand businesses.
Key Highlights
- 1
Revenue for the third fiscal quarter of 2026 increased by 30.2% to $7.2 million, compared to $5.5 million in the previous year.
- 2
Net income for the quarter rose to $222,000, or $0.01 per share, from a loss of $1.0 million, or $0.2 per share, year-over-year.
- 3
For the nine months ended March 31, 2026, revenue grew to $18.4 million from $17.9 million in the comparable prior year period.
- 4
The company reduced its net loss for the year-to-date period to $0.7 million, or a loss of $0.02 per share, from a net loss of $4.3 million, or $0.11 per share, in the previous year.
- 5
USCF Investments revenues increased 55% to $6.3 million from $4.1 million a year ago.
- 6
Assets under management (AUM) averaged $4.7 billion for the 2026 third fiscal quarter, compared with $2.6 billion last year, representing an 81% increase.
Management Comments
David Neibert
In keeping with our transformation strategy to refocus The Marygold Companies’ resources on ETF fund management and financial services, we have initiated a formal process to sell our New Zealand businesses, comprised of Gourmet Foods and Printstock Products. These businesses have now been classified as discontinued operations, and it is our goal to effect a sale within the next 12 months. This initiative follows the disposition in July 2025 of our wholly owned Canadian subsidiary, Brigadier Security Systems Ltd., for $2.3 million. Our largest operating unit, USCF Investments, performed well during the quarter, with revenues increasing 55% to $6.3 million from $4.1 million a year ago. The growth was primarily attributable to an 81% increase in assets under management (AUM), which averaged $4.7 billion for the 2026 third fiscal quarter, compared with $2.6 billion last year. The AUM increase largely reflected the geopolitical situation in the Middle East and Eastern Europe, with oil and other commodity price increases. We also significantly decreased costs in the fintech sector, including reducing labor and other expenses that previously prevented us from achieving profitable operations on a consolidated basis.”
Nicholas Gerber
We are making deliberate, sometimes difficult, choices to reshape the Company around a clear, focused vision. By divesting businesses that do not align with our core financial services sector, we aim to concentrate our resources to position the Company to deliver strong long-term returns for our shareholders. During this process, we continue to support our non-core subsidiaries, which are expected to continue with normal operations until such time as a transaction is consummated.”
Informational and educational content only. Not investment advice.