Marygold Companies posts $5.9 million net loss for fiscal year ending June 30, 2025
Reuters
Nov 07
Marygold Companies posts $5.9 million net loss for fiscal year ending June 30, 2025
Marygold Companies Inc. reported a net income of negative $5.9 million for the 12 months ending June 30, 2025, compared to negative $4.1 million in the prior year. The company's book value declined by 12.4% from June 30, 2024. During the period, Marygold Companies paid off a high interest private placement loan and sold Brigadier Securities, achieving a 19% annualized return on invested capital from that business. The company indicated it will focus future growth initiatives on financial services, particularly through its USCF Investments subsidiary and the launch of Marygold & Co $(UK)$. No further capital contributions will be made to Marygold & Co. in the US.
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