Marygold Companies, Inc. (MGLD)

The company's stock price experienced a significant decline of 49.98% between December 31, 2024, and December 30, 2025, and on January 9, 2026, the stock price decreased by 3.86%. In July 2025, the company sold its Canadian-based subsidiary, Brigadier Security Systems, for $2.3 million, recording a $0.5 million gain and used the proceeds to retire all debt. For the first fiscal quarter ended September 30, 2025, the company reported revenues of $7.0 million, a decrease from $7.9 million in the prior year, but significantly reduced its net loss to $0.4 million compared to $1.6 million in the same period last year. During the fourth quarter of fiscal year 2025, Marygold & Co. paused the marketing of its fintech app in the U.S., a move expected to save approximately $4 million in annualized expenses. In December 2025, the company's USCF Investments subsidiary launched the USCF Oil Plus Bitcoin Strategy Fund. The CEO's trust acquired thousands of Marygold shares in November and December 2025. The company held its annual stockholders meeting in November 2025. Average Assets Under Management (AUM) for USCF Investments decreased to $2.6 billion in the third fiscal quarter of 2025 from $3.0 billion in the prior year, primarily due to market volatility in the commodities sector. In the third fiscal quarter of 2025, The Marygold Cos, Inc. raised $1.8 million in net proceeds from a public offering, which were allocated towards debt reduction and further capital contributions to Marygold & Co.

The Food Products segment may experience seasonal fluctuations in demand, potentially seeing increased sales during colder months or holiday periods. The Beauty Products segment could also be subject to seasonal trends, with demand for certain products varying by season. The Fund Management segment's Assets Under Management (AUM) have been impacted by market volatility in the commodities sector, which can exhibit seasonal patterns.

The Marygold Cos, Inc. is a diversified global holding company with a primary focus on financial services, operating through various subsidiaries in different sectors. The company operates in the financial services industry, with additional operations in food manufacturing, printing, security systems, and beauty products. Its operations are structured into segments including fund management, food products, security systems, beauty products, financial services, and corporate headquarters.

The Marygold Cos, Inc. operates internationally through its subsidiaries, providing fund management services in the United States, Canada, the United Kingdom, New Zealand, and Australia. Its food products and specialized printing services are located in New Zealand and Australia, while its fintech app is being developed and marketed in the U.K.

The Marygold Cos, Inc.'s reputation has been shaped by strategic shifts and financial performance, focusing on strengthening its financial services and expanding its fintech offerings. The decision to halt further capital contributions to its Marygold & Co. fintech app in March 2025, following the failure of its marketing efforts in the U.S. to achieve profitability, negatively impacted its reputation. Conversely, the profitable performance of its non-financial services businesses and the opportunistic sale of Brigadier Security Systems, along with the subsequent elimination of all company debt, contributed positively to its financial standing. The launch of the USCF Oil Plus Bitcoin Strategy Fund in December 2025 also indicates continued innovation in its core financial services segment.

The ownership structure of The Marygold Cos, Inc. is predominantly held by insiders, who own 86.71% of the company, while institutional shareholders hold 0.66%, and retail investors account for 12.63%. Melinda Gerber Living Trust Nicholas is the largest individual shareholder, holding 43.79% of the company's shares, followed by Nicholas Daniel Gerber with 42.62%. Major institutional owners include Geode Capital Management, LLC, Vanguard Group Inc, Bridgeway Capital Management Inc, Citadel Advisors LLC, Tower Research Capital LLC (TRC), and Navigoe, LLC.