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20.06.25 - 14:03
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The Marygold Companies Enters Agreement to Sell Canadian Subsidiary (Business Wire)
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- Brigadier Security Systems Sold to SKCAL LLC -SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC” or the “Company”) (NYSE American: MGLD), a diversified global holding company, today announced that it has entered into a stock purchase agreement to sell its wholly owned Canadian subsidiary, Brigadier Security Systems Ltd. (“Brigadier”), to SKCAL LLC, an Arizona limited liability company whose sole member is a director and 11% shareholder of TMC.
The proposed transaction aligns with the Company's corporate strategy to direct resources toward growth in the financial services sector. It is expected to close on or about July 1, 2025. Total consideration is estimated to be approximately US $2.2 million.
Brigadier, based in Saskatoon, SK, Canada, provides comprehensive security solutions to homes and businesses, government offices, schools and other public buildings throughout the province.
Nicholas Gerber, CEO of TMC, said, “Our corporate goals and mission have been evolv...
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08.05.25 - 22:18
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The Marygold Companies Reports Financial Results for the Three and Nine Months Ended March 31, 2025 (Business Wire)
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SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm with a focus on financial services, today reported financial results for the three and nine months ended March 31, 2025.
Revenue for the third fiscal quarter ended March 31, 2025 was $7.0 million, compared with $7.9 million a year ago. As anticipated, the Company recorded a net loss of $1.0 million, equal to a loss of $0.02 per share, for the fiscal 2025 third quarter, versus a net loss of $0.5 million, or $0.01 per share, for the same period last year.
For the nine months ended March 31, 2025, revenue was $22.9 million, versus $24.6 million for the comparable period last year, a decline of 7%. A net loss of $4.3 million, or $0.11 per share, was recorded for the most recent nine-month period, versus a net loss of $2.2 million, or $0.05 per share, for the same period a year ago.
At March 31, 2025, cash and cash equivalents amounted to $4.3 million, a...
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05.02.25 - 22:12
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The Marygold Companies, Inc. Reports Financial Results for 2025 Second Fiscal Quarter (Business Wire)
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-Company continued to invest in the Fintech sector through Marygold & Co.-SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for its 2025 second fiscal quarter ended December 31, 2024.
Revenue for the three months ended December 31, 2024 amounted to $8.0 million, compared with $8.5 million last year. The Company recorded a net loss of $1.7 million, equal to a loss of $0.04 per share, for the second quarter of fiscal year 2025, compared with a net loss of $1.2 million, equal to a loss of $0.03 per share, for the second quarter of fiscal 2024. Revenue for the six months ended December 31, 2024 totaled $15.9 million, with a net loss of $3.3 million, equal to a net loss of $0.08 per share, versus revenue of $16.7 million and a net loss of $1.7 million, or a net loss of $0.04 per share, for the comparable prior year period.
The revenue decline over both comparable prio...
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29.01.25 - 00:39
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The Marygold Companies, Inc. Announces Closing of Previously Announced Underwritten Public Offering (Business Wire)
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SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC” or the “Company”), (NYSE American: MGLD), a diversified global holding company, today announced the closing of its previously announced underwritten public offering of 2,050,000 shares of its common stock at a public offering price of $1.10 per share. The gross proceeds from the offering to Marygold were approximately $2,255,000, before deducting underwriting discounts and commissions and other offering expenses.
Maxim Group LLC acted as sole book-running manager for the offering.
The public offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-283898), previously filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 18, 2024, and declared effective on December 27, 2024. The shares of common stock were offered only by means of a prospectus and prospectus supplement that form part of the effective registration statement. A final prospectus supplement de...
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27.01.25 - 01:36
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The Marygold Companies, Inc. Announces Pricing of $2.25 Million Public Offering (Business Wire)
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SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC” or the “Company”), (NYSE American: MGLD), a diversified global holding company, today announced the pricing of an underwritten public offering of 2,050,000 shares of its common stock at a price to the public of $1.10 per share. The gross proceeds from the offering to Marygold are expected to be approximately $2,255,000, before deducting underwriting discounts and commissions and other offering expenses. The offering is expected to close on or about January 28, 2025, subject to customary closing conditions. In addition, Marygold has granted the underwriters a 45-day option to purchase up to 307,500 additional shares of common stock at the public offering price, less the underwriting discounts and commissions.
Maxim Group LLC is acting as the sole book-running manager for the offering.
Marygold intends to use a portion of the net proceeds from the offering to retire or reduce debt, make further capital contributions to its Ma...
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24.01.25 - 22:12
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The Marygold Companies, Inc. Announces Proposed Public Offering of Common Stock (Business Wire)
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SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding company, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock to be sold in the proposed offering will be sold by Marygold. In addition, Marygold intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Maxim Group LLC is acting as the sole book-running manager for the proposed offering.
Marygold intends to use the net proceeds of this offering to retire or reduce debt, make further capital contributions to the Marygo...
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