Business
The Marygold Companies Reports Financial Results For its Second Fiscal Quarter Ended December 31, 2025
SAN CLEMENTE, Calif., February 05, 2026--The Marygold Companies, Inc. (the "Company") (NYSE American: MGLD), a global holding firm with a focus on financial services, today reported financial results for its second fiscal quarter ended December 31, 2025.
About this update from The Marygold Companies, Inc.
[{"type":"text","content":"SAN CLEMENTE, Calif., February 05, 2026--(BUSINESS WIRE)--The Marygold Companies, Inc. (the "Company") (NYSE American: MGLD), a global holding firm with a focus on financial services, today reported financial results for its second fiscal quarter ended December 31, 2025.","length":281,"tagName":"p"},{"type":"text","content":"Revenue for the three months ended December 31, 2025, amounted to $7.6 million, compared with the prior year period, when revenues were $8.0 million and which also included $0.6 million from Brigadier Security Systems (2000) Ltd. ("Brigadier"), a wholly owned subsidiary that was sold in July 2025 for $2.5 million. The Company’s net loss for the quarter was $0.6 million as compared with a net loss of $1.7 million for the second quarter of the prior fiscal year. The $1.1 million improvement in performance, or a loss of $0.01 per share as compared with $0.04 per share, is attributed to significant expense reductions in the fintech development and marketing expenses, along with the elimination of interest-bearing debt service.","length":742,"tagName":"p"},{"type":"text","content":"Revenue for the six months ended December 31, 2025, totaled $14.6 million, compared with $15.9 million for the prior year period, which included $1.3 million from Brigadier. The Company’s net loss for the first half of fiscal year 2026 was $0.9 million compared to a net loss of $3.3 million in the prior year period. The improvement from posting a net loss of $0.08 per share a year ago to a net loss of $0.02 per share for the most recent period is attributed to the same factors as experienced in the three-month results, coupled with a $0.5 million gain on the sale of Brigadier.","length":583,"tagName":"p"},{"type":"text","content":"Marygold’s balance sheet remained strong at the close of the fiscal 2026 second quarter. Cash and cash equivalents amounted to $4.1 million, with total assets of $27.8 million, total stockholders’ equity of $22.7 million and no debt.","length":233,"tagName":"p"},{"type":"text","content":""Results for the second quarter showed marked improvement over the prior year period, reflecting strategies management has taken to sharply reduce operating losses. We curtailed further development costs of our proprietary mobile fintech app and closely controlled expenses throughout the Company,"...