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The Marygold Companies — First Fiscal Quarter Ended September 30, 2026 Earnings Summary

  • Revenue for the quarter rose to $9.4 million (excluding $1.5 million from discontinued New Zealand operations) from $5.2 million in the prior year, while net income from continuing operations turned positive at $1.7 million, reversing a $0.5 million loss year-over-year.
  • The Company announced a definitive merger agreement to be acquired by funds managed by Madison Dearborn Partners for $2.00 per share, representing a 100% premium over the September 24, 2026 closing price, with expected closing in the first half of 2027.
  • USCF Investments, the largest operating unit, nearly doubled revenue to $8.4 million and average assets under management to $5.5 billion, driven by increased activity in energy-related ETFs amid geopolitical volatility.
  • Total operating expenses increased to $7.092 million from $6.272 million, while the UK investment advisory business reduced its net loss to $0.1 million from $0.4 million due to expenses associated with a paused mobile fintech banking app.
Company
MARYGOLD COMPANIES INC
Sector
Financial Services
Industry
Asset Management