Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2024 Rev YoY: -5.1% EPS YoY: -444.7% Move: 0.00%

The Marygold Companies

MGLD

$1.140 0.00%

Exchange AMEX Sector Financial Services Industry Asset Management

Q3 2024

Published: May 13, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for MGLD

Reported

Report Date

May 13, 2024

Quarter Q3 2024

Revenue

7.88M

YoY: -5.1%

EPS

-0.01

YoY: -444.7%

Market Move

0.00%

Previous quarter: N/A

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Earnings Highlights

Revenue of $7.88M down 5.1% year-over-year
EPS of $-0.01 decreased by 444.7% from previous year
Gross margin of 52.4%
Net income of -529.00K
"Not available in the provided transcript data." - N/A

MGLD

Company MGLD

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Apr 1, 2026

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Executive Summary

The Marygold Companies Inc (MGLD) reported QQ3 2024 results reflecting a modest year-over-year revenue decline and continued profitability pressures, set against a strong liquidity backdrop. Revenue for QQ3 2024 was $7.88 million, down 6.82% quarter-on-quarter from $8.46 million in QQ2 2024 and down 5.05% year-over-year. Gross profit was $4.13 million with a gross margin of 52.41%, while operating expenses of $5.30 million produced an operating loss of $1.47 million and an EBITDA of negative $1.34 million. Net loss totaled $0.529 million, translating to a basic EPS of -$0.0131. The quarterly results underscore a cost structure that is not yet producing positive operating leverage at the current revenue level, despite a diversified revenue base.

Key Performance Indicators

Revenue

Decreasing

7.88M

QoQ: -6.82% | YoY: -5.05%

Gross Profit

Decreasing

4.13M

52.41% margin

QoQ: -17.83% | YoY: -32.34%

Operating Income

Decreasing

-1.47M

QoQ: -47.54% | YoY: -986.14%

Net Income

Decreasing

-529.00K

QoQ: 55.28% | YoY: -445.09%

EPS

Decreasing

-0.01

QoQ: 55.29% | YoY: -444.74%

Revenue Trend

Margin Analysis

Financial Highlights

Liquidity and margin focus amid a still-small asset-management footprint: Gross margin 52.41% with revenue $7.88m; Operating margin -18.67%; Net margin -6.71%; EBITDA -$1.34m; Net income -$0.529m; EPS -$0.0131. QoQ revenue decline of 6.82% and YoY revenue decline of 5.05% reflect a softer quarter relative to a year ago, while elevated operating expenses (G&A + Selling & Marketing + other operating costs) expanded loss. Cash flow remained negative from operations at -$0.658m; free cash flow was -$0.658m, and cash on hand stood at $4.49m at quarter end. Balance sheet shows robust liquidity with total current assets of ~$25.77m and total assets of ~$33.71m, paired with minimal gross debt (~$1.52m) and a net-debt position of approximately -$2.97m, signaling substantial cushion against near-term headwinds.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	7.88M	-5.05%	-6.82%
Gross Profit	4.13M	-32.34%	-17.83%
Operating Income	-1.47M	-986.14%	-47.54%
Net Income	-529.00K	-445.09%	55.28%
EPS	-0.01	-444.74%	55.29%

Key Financial Ratios

Gross Profit Margin

Good

52.40%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Weak

-0.19%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.07%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.02%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.02%

Return on equity suggests inefficient capital allocation

Current Ratio

Strong

5.68

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Conservative

0.05

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Negative

-24.06x

Negative earnings make P/E ratio not meaningful

Price to Book

Fair Value

1.79x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	6.96	-0.01	-15.8%	View
Q3 2025	7.03	-0.02	-10.8%	View
Q2 2025	8.00	-0.04	-5.4%	View
Q1 2025	7.91	-0.04	-4.0%	View
Q4 2024	8.27	-0.05	-6.9%	View
Q3 2024	7.88	-0.01	-5.1%	View

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The Marygold Companies Inc (MGLD) QQ2 2025 Financial Results - Asset Management Resilience Amid Profitability Headwinds...

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The Marygold Companies Inc (MGLD) QQ1 2025 Results – Asset Management and Diversified Holdings Review...

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Q4 2024 Report

The Marygold Companies Inc (MGLD) QQ4 2024 Earnings Analysis: Revenue Stability Amid Cost Pressure and a Robust Balance Sheet...

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The Marygold Companies (MGLD) Q3 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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