Marygold Companies, Inc.

The Marygold Companies, Inc. announced its subsidiary Gourmet Foods Limited has entered into a definitive agreement to sell its Printstock Products Limited business unit to TAG Investments Limited for a minimum of NZ$2,450,000 (approximately US$1,400,000) in cash. This divestment is part of Marygold's strategic initiative to concentrate on its financial services sector. The transaction, structured as an asset sale, is expected to close around November 20, 2026, pending satisfaction of closing conditions including due diligence and lease assignment. Printstock, a digital printer of custom food packaging, has been a part of Gourmet Foods since 2020.

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.

Marygold Companies, Inc. reported a significant financial turnaround for the third quarter ended March 31, 2026, achieving a net income of $222K compared to a net loss of $1,012K in the same period last year. Revenue also saw a healthy increase to $7,189K from $5,522K year-over-year. The company announced a strategic decision to dispose of its Food Products segment, which is now classified as discontinued operations, and previously completed the sale of Brigadier Security Systems in July 2025.