Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 90

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 90
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 another
business.

We
are a holding company in the business of owning and operating profitable businesses. Our business model also encompasses researching
and investigating new acquisitions and business opportunities which may include disposal of subsidiaries to support the growth of
our Company. With each new contemplated acquisition or business opportunity, there are resources that must be allocated towards
acquisition or engaging in a new business opportunity such as, the negotiation, drafting and execution of relevant agreements,
disclosure documents and other instruments with respect to such transaction and may require substantial management time and
attention and substantial costs for financial advisors, accountants, attorneys and other advisors. If a decision is made not to
consummate a specific acquisition, business opportunity or financing and capital market transaction, the costs incurred up to that
point for the proposed transaction likely would not be recoverable. Furthermore, even if an agreement is reached relating to a
specific acquisition, investment target or financing, we may fail to consummate the investment or acquisition for any number of
reasons, including those beyond our control. Any such event could consume significant management time and result in a loss to us of
the related costs incurred, which could adversely affect our financial position and our ability to consummate other acquisitions and
investments.

We
may not accurately predict revenue streams while we consume capital resources in acquiring new business opportunities or financings and
capital market transactions or maintaining current capital investments which could materially and adversely impact our ability to meet
operating expenses and capital requirements. 

We
are a holding company with a business focus on the investment management and financial technology industries. Our entry into
financial technology through our Marygold U.S. subsidiary which launched its Fintech app in June 2023 and subsequently paused its
operations and offering of its app to the public as of March 31, 2025. Likewise, our Marygold UK subsidiary is in the early stages
of introducing a narrower version of our Fintech app in the U.K. which is not a mature business and has no track record. The Fintech
industry is heavily occupied with well financed competition with extensive capital resources to fund extensive marketing campaigns
of competing Fintech apps. Our resources to fund our business objectives and ongoing operations are dependent on those of our
subsidiaries. If a decision is made to finance and continue to make capital investments in our Fintech subsidiary there is no
guarantee of success and revenue generation. Our ability to predict revenue generation from our subsidiaries may not be accurate
from time to