Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 73

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 73
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 able to create custom notifications to encourage a user to put some money into their savings account.
Through their partner bank in the UK, Griffin Bank Ltd., the app also offers a high yield savings account that is available to individuals and businesses. Griffin Bank Ltd. provides protections to Marygold UK customers as
an authorized bank by the Prudential Regulation Authority and further regulated by the Financial Conduct Authority of the U.K. The
Marygold UK app currently is only available in the UK.

Marygold & Co. Limited and Step-By-Step, together with Marygold UK are hereinafter collectively
referred to as “Marygold UK”. Operations of Marygold UK are included in our consolidated financial statements beginning on
the respective dates of acquisition. As of June 30 2025, Marygold UK had a total of nine employees.

As of June 30, 2025, Marygold UK had $80.2
million in combined AUM. Marygold UK earns revenues in the form of advisory fees based on a percentage of the AUM. Marygold UK is planning
to introduce the Marygold Fintech app to its customers and, more broadly, in the U.K. within the coming fiscal year. Marygold UK has
yet to earn significant revenue from deployment of its Fintech app as of June 30, 2025.

Competition

As an investment advisor, both Marygold & Co.
Limited and Step-By-Step have pursued separate niche markets to differentiate
themselves from institutional and larger organizations providing investment advice and wealth management services to clients in the U.K.
These two separate target markets have allowed Marygold & Co. Limited and Step-By-Step to succeed and grow their business despite
a competitive landscape. Expectations are that the introduction of the Marygold Fintech app to their clientele will accelerate growth
and further differentiate them from competitors who do not offer this capability.

Trademark

Marygold UK has begun the process of securing trademarks
and service marks with respect to certain slogans, artwork, and logos related to the Marygold Fintech app.

Available Information

We maintain a website at www.themarygoldcompanies.com.
Our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and  amendments thereto filed
or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act are available free of charge on our website as soon as
reasonably practicable after