The Marygold Companies Reports Financial Results for the Second Quarter and First Half of Fiscal 2024
The Company registered a net loss of $1.2 million, equal to a loss of $0.03 per share, for the fiscal 2024 second quarter, principally reflecting continued investment in the Marygold & Co. fintech app.
- The Company registered a net loss of $1.2 million, equal to a loss of $0.03 per share, for the fiscal 2024 second quarter, principally reflecting continued investment in the Marygold & Co. fintech app.
- TMC reported net income of $0.2 million, or approximately breakeven per share, for the same quarter a year ago.
- For the six-month period ended December 31, 2023, revenue was $16.7 million, versus $17.7 million for the comparable period last year.
- Following our successful soft launch in the second half of 2023, we are excited as ever that Marygold & Co. is gaining attention.