Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 182

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1A
Chunk 182
---
 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 time. Our efforts to continue to make capital investments in our Fintech subsidiary could have a detrimental effect on
our operations and negatively impact our financial condition or results of operations of our businesses where our ability to
accurately predict future revenue generation occurs and this could hinder the ability of our business and our other subsidiaries to
effectively compete in the various industries in which we operate.

We
may fail to effectively integrate the businesses we acquire.

Historically,
a portion of our growth has come through acquisitions. If we are unable to integrate acquired businesses successfully or realize anticipated
synergies in a timely manner, our business and results of operations may be adversely affected. Integrating acquired businesses may be
more difficult in a region or market where we have limited expertise. A significant expansion of our business and operations, in terms
of geography or magnitude, could strain our administrative and/or operational resources. Significant acquisitions may also require incurring
debt. This could increase our interest expense and make it difficult for us to obtain financing for other significant acquisitions or
capital investments in the future.

COVID-19
Risk

The
Company may be impacted by certain continuing aftereffects from the economic disruption imposed by the COVID-19 pandemic. COVID-19 has
resulted in numerous deaths, travel restrictions, closed international