--- title: "Marygold Companies Inc/The | 10-Q: FY2026 Q2 Revenue: USD 7.643 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/275028394.md" datetime: "2026-02-05T21:04:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275028394.md) - [en](https://longbridge.com/en/news/275028394.md) - [zh-HK](https://longbridge.com/zh-HK/news/275028394.md) --- # Marygold Companies Inc/The | 10-Q: FY2026 Q2 Revenue: USD 7.643 M Revenue: As of FY2026 Q2, the actual value is USD 7.643 M. EPS: As of FY2026 Q2, the actual value is USD -0.01. EBIT: As of FY2026 Q2, the actual value is USD -757 K. The Marygold Companies, Inc. operates through U.S. Fund Management, Food Products, Beauty Products, Security Systems, U.S. and U.K. Financial Services, and Corporate Headquarters segments . #### Three Months Ended December 31, 2025 vs. 2024 **Segment Revenue:** **U.S. Fund Management:** Revenue decreased by 3% to $4,565 million in 2025 from $4,685 million in 2024, driven by a decrease in average Assets Under Management (AUM) from $3.1 billion to $3.0 billion . **Food Products:** Revenue remained relatively flat at $1,651 million in 2025 compared to $1,688 million in 2024 . **Beauty Products:** Revenue increased by 39% to $1,159 million in 2025 from $832 million in 2024, due to a change in online distribution and an increase in international distribution channels . **Security Systems:** Revenue was $0 million in 2025, down from $585 million in 2024, following the sale of Brigadier on July 1, 2025 . **U.S. and U.K. Financial Services:** Revenue increased by 25% to $268 million in 2025 from $214 million in 2024, derived entirely from Marygold UK . **Total Revenue:** Overall revenue decreased by 5% to $7,643 million in 2025 from $8,004 million in 2024 . **Operating Income (Loss) by Segment:** **U.S. Fund Management:** Operating income decreased by 47% to $439 million in 2025 from $832 million in 2024, due to lower revenue, increased sub-advisor fees, and new fund development costs . **Food Products:** Operating income was relatively flat at $25 million in 2025 compared to $58 million in 2024, with the printing division generating a profit and the bakery division operating at a slight loss . **Beauty Products:** Operating income increased to $140 million in 2025 from an operating loss of -$61 million in 2024, driven by increased revenues and reduced operating expenses . **Security Systems:** Operating income was $0 million in 2025, down from $58 million in 2024, due to the sale of the segment . **U.S. and U.K. Financial Services:** Operating loss decreased by 78% to -$374 million in 2025 from -$1,703 million in 2024, as Marygold US paused its Fintech app, significantly reducing its operating loss, while Marygold UK’s operating loss increased due to Fintech app development costs . **Corporate Headquarters:** Operating loss was relatively flat at -$861 million in 2025 compared to -$1,010 million in 2024 . **Total Operating Loss:** Total operating loss decreased by 65% to -$631 million in 2025 from -$1,826 million in 2024 . **Other Key Financial Metrics (Three Months):** **Cost of Revenue:** Decreased by 4% to $1,987 million in 2025 from $2,076 million in 2024 . **Gross Profit:** Decreased by 5% to $5,656 million in 2025 from $5,928 million in 2024 . **Operating Expenses:** Decreased by 19% to $6,287 million in 2025 from $7,754 million in 2024 . **Net Loss:** Decreased by 67% to -$576 million in 2025 from -$1,747 million in 2024 . #### Six Months Ended December 31, 2025 vs. 2024 **Segment Revenue:** **U.S. Fund Management:** Revenue decreased by 4% to $8,894 million in 2025 from $9,276 million in 2024, with average AUM decreasing from $3.1 billion to $2.9 billion . **Food Products:** Revenue was relatively flat at $3,407 million in 2025 compared to $3,510 million in 2024 . **Beauty Products:** Revenue increased by 28% to $1,830 million in 2025 from $1,430 million in 2024 . **Security Systems:** Revenue was $0 million in 2025, down from $1,274 million in 2024, due to the sale of Brigadier . **U.S. and U.K. Financial Services:** Revenue increased by 13% to $476 million in 2025 from $423 million in 2024 . **Total Revenue:** Overall revenue decreased by 8% to $14,607 million in 2025 from $15,913 million in 2024 . **Operating Income (Loss) by Segment:** **U.S. Fund Management:** Operating income decreased by 54% to $819 million in 2025 from $1,793 million in 2024 . **Food Products:** Operating income increased by 154% to $127 million in 2025 from $50 million in 2024, due to a focus on higher-margin products and decreased selling expenses . **Beauty Products:** Operating income increased to $262 million in 2025 from an operating loss of -$234 million in 2024, due to increased revenues and reduced expenses . **Security Systems:** Operating income was $0 million in 2025, down from $191 million in 2024 . **U.S. and U.K. Financial Services:** Operating loss decreased by 77% to -$747 million in 2025 from -$3,286 million in 2024, with losses from Marygold US expected to be significantly reduced for the remainder of the fiscal year . **Corporate Headquarters:** Operating loss was relatively flat at -$2,356 million in 2025 compared to -$2,510 million in 2024 . **Total Operating Loss:** Total operating loss decreased by 53% to -$1,895 million in 2025 from -$3,996 million in 2024 . **Other Key Financial Metrics (Six Months):** **Cost of Revenue:** Decreased by 15% to $3,586 million in 2025 from $4,203 million in 2024 . **Gross Profit:** Decreased by 6% to $11,021 million in 2025 from $11,710 million in 2024 . **Operating Expenses:** Decreased by 18% to $12,916 million in 2025 from $15,706 million in 2024 . **Net Loss:** Decreased by 72% to -$932 million in 2025 from -$3,332 million in 2024 . #### Cash Flow and Liquidity - **Cash and Cash Equivalents:** The Marygold Companies, Inc. had $4.1 million on a consolidated basis as of December 31, 2025, an 18% decrease of $0.9 million from June 30, 2025 . - **Net Cash Used in Operating Activities:** -$1,441 million for the six months ended December 31, 2025 . - **Net Cash Provided by Investing Activities:** $1,554 million for the six months ended December 31, 2025, which included $2,733 million from the sale of investments, -$2,216 million from the purchase of investments, and $1,066 million from the sale of a subsidiary . - **Net Cash Used in Financing Activities:** -$1,341 million for the six months ended December 31, 2025, primarily due to principal repayment on a note payable of -$1,316 million . - **Working Capital:** Working capital remained strong at $12.9 million as of December 31, 2025 . #### Outlook and Strategy The Marygold Companies, Inc. anticipates that its current cash and cash equivalents, combined with cash from ongoing operations, will adequately cover its cash requirements for the next 12 months . The operating plan includes funding additional investments in the mobile Fintech app for the U.K. market only to the extent existing funds are available . Should additional financing be required for further Fintech investment, the company may need to raise funds through debt, equity, or equity-linked financings, with potential reductions or curtailments of investment if acceptable terms are not met . ### Related Stocks - [MGLD.US](https://longbridge.com/en/quote/MGLD.US.md)