# EDGAR Filing Document

**Accession Number:** 0001005101
**File Stem:** 0001493152-25-014463
**Filing Date:** 2025-9
**Character Count:** 19126
**Document Hash:** 3c6ae5856cd618a95126ff81c08db92f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-014463.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0001493152-25-014463

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250919

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250922

**DATE AS OF CHANGE**: 20250922

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Marygold Companies, Inc.
- **CENTRAL INDEX KEY:** 0001005101
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 954442384
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41318
- **FILM NUMBER:** 251330064

**BUSINESS ADDRESS:**
- **STREET 1:** 120 CALLE IGLESIA, UNIT B
- **CITY:** SAN CLEMENTE
- **STATE:** CA
- **ZIP:** 92672
- **BUSINESS PHONE:** 949-429-5370

**MAIL ADDRESS:**
- **STREET 1:** 120 CALLE IGLESIA, UNIT B
- **CITY:** SAN CLEMENTE
- **STATE:** CA
- **ZIP:** 92672

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CONCIERGE TECHNOLOGIES INC
- **DATE OF NAME CHANGE:** 20020329

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STARFEST INC
- **DATE OF NAME CHANGE:** 20000310

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): September 19, 2025

**The Marygold Companies, Inc.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **<u>Nevada</u>** | **<u>001-41318</u>** | **<u>90-1133909</u>** |
| *(State or Other Jurisdiction* | *(Commission* | *(IRS Employer* |
| *of Incorporation)* | *File Number)* | *Identification No.)* |

---

**120 Calle Iglesia**

**Unit B**

**<u>San Clemente, CA 92672</u>**

(Address of Principal Executive Offices and Zip Code)

&nbsp;&nbsp;&nbsp;&nbsp;**<u>(949) 218-8542</u>**

*(Registrant's telephone number, including area code)*

Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| **Title of each class** | **Name of each exchange on which registered** |
| Common Stock, $0.001 par value MGLD | NYSE American LLC |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule l2b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.02 Results of Operations and Financial Condition.**

On September 19, 2025, The Marygold Companies, Inc. issued a press release announcing its financial results for the fiscal year ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Pursuant to the rules and regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and in this Item 2.02 have been furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing regardless of any general incorporation language.

**Item 9.01 Financial Statements and Exhibits**.

(d) Exhibits.

99.1 [Earnings Press Release Dated September 19, 2025](ex99-1.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: September 22, 2025 | **THE MARYGOLD COMPANIES, INC.** | **THE MARYGOLD COMPANIES, INC.** |
|  | By: | */s/ Nicholas D. Gerber* |
|  |  | Nicholas D. Gerber |
|  |  | Chief Executive Officer (Principal Executive Officer) |

---

## Exhibit 99.1

**Exhibit 99.1**

**The Marygold Companies Reports Financial Results**

**For Fiscal Year and Fourth Quarter Ended June 30, 2025**

 ****

**San Clemente, Calif., September 19, 2025 –** The Marygold Companies, Inc. (the "Company") (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the fiscal year and fourth quarter ended June 30, 2025.

Revenue for the 2025 fiscal year amounted to $30.2 million, compared with $32.8 million, for the 2024 fiscal year. The Company sustained a net loss of $5.8 million, equal to a net loss of $.14 per share, versus a net loss of $4.1 million, or a net loss of $0.10 per share, for the prior fiscal year.

For the fourth quarter ended June 30, 2025, revenue was $7.2 million, compared with $8.3 million, last year. The Company sustained a reduced net loss of $1.5 million, equal to a net loss of $0.04 per share, for the most recent fourth quarter, compared with a net loss of $1.9 million, equal to a net loss of $0.05 per share, for the prior year period.

At the close of fiscal 2025, stockholders' equity totaled $23.0 million, compared with $26.6 million at June 30, 2024. Total assets at the 2025 fiscal year-end amounted to $30.4 million, compared with $32.9 million, last year. The Company had cash and cash equivalents at the fiscal 2025 year-end of $5.0 million, compared with $5.5 million at the close of the prior fiscal year.

The Company's consolidated net loss for fiscal year ended June 30, 2025 was primarily due to expenses in connection with the funding of Marygold & Co. (U.S.), a wholly owned subsidiary of the Company, for development and marketing of the Marygold mobile fintech app. The Company halted its funding to this business unit as of March 31, 2025, and thus marketing expenses, salaries, and general administrative expenses on a consolidated basis were curtailed significantly for the fourth quarter ended June 30, 2025.

Results for the full 2025 fiscal year included $2.5 million in revenue and $250,000 in operating income from Brigadier Security Systems, a Canadian-based formerly wholly owned subsidiary, that was sold for $2.3 million just after the close of the fiscal year. Proceeds from the sale will be applied to retire all of the Company's remaining debt.

"We made the difficult decision to stop funding Marygold & Co.'s fintech app in the U.S., since the effort was costing the Company more than $0.5 million per month and was no longer sustainable, nor providing an equitable return," said David Neibert, Chief Operations Officer. "Since that time, we have concentrated on reducing expenses and refocusing the Company on our core financial services business. As part of that initiative, we sold our Canadian security systems subsidiary in July, subsequent to our fiscal year end. As a result, we expect to record a significant gain in fiscal 2026 from our initial investment.

"As for our other operating units, and on a positive note, we believe that our Original Sprout subsidiary finally has turned the corner on controlling its sales channels and repositioning the brand on e-tail platforms, as well as on retail shelves. Fourth quarter revenues for Original Sprout were up 41% over the preceding third quarter. Our largest subsidiary, USCF Investments, experienced market volatility for understandable reasons, given the uncertainty of tariffs within the energy sector. Nevertheless, USCF continues to operate profitably and report increasing AUM in its broad basket of ETF funds. For the New Zealand businesses, and especially the printing sector, revenues were up 13% in the 4<sup>th</sup> quarter vs the 3<sup>rd</sup> quarter of fiscal year 2025, and we expect the trend of increased revenues to continue.

"The actions we are taking with respect to cost cutting, elimination of debt and associated interest expense, coupled with a renewed focus on profitability, rather than investment in development stage ventures, is expected to have a beneficial impact on operating results going forward. We already experienced positive momentum as the fourth quarter drew to a close," Neibert added.

Nicholas Gerber, Chief Executive Officer, said, "Our Company's fiscal 2025 financial performance was not a surprise, although we had hoped for better results from our fintech app marketing efforts in the U.S. We gave it our best effort, raised capital through a public offering, and took on expensive debt. But the effort was underfunded, so we took decisive action to halt it. Importantly, we are pleased that the concept has been proven. The Company has retained the code base, and we hope to monetize our work through other channels in the fintech space. Meanwhile, our wholly owned subsidiary, Marygold & Co. (U.K.), has launched a variation of the app in the U.K., where we are optimistic on its path to profitability.

"Despite those challenges, which are now largely behind us, the Company remains in an excellent financial position, and our balance sheet is strong, as we work diligently toward meeting our long-term goal of enhancing shareholder value. I thank our shareholders for their support and patience and extend deep appreciation to our employees worldwide for their hard work, as we strive to achieve our collective objective." Gerber added.

**Business Units**

The Company's *USCF Investments* subsidiary, <u>https://www.uscfinvestments.com/</u>, acquired in 2016 and based in Walnut Creek, Calif., serves as manager, operator or investment adviser to 16 exchange traded products, structured as limited partnerships or investment trusts that issue shares trading on the NYSE Arca.

*Gourmet Foods,* <u>https://gourmetfoodsltd.co.nz/</u>, acquired in 2015, is a commercial-scale bakery that produces and distributes iconic meat pies and pastries throughout New Zealand under the brand names Pat's Pantry and Ponsonby Pies. Acquired by Gourmet Foods in 2020, Printstock Products Limited, <u>https://www.printstock.co.nz</u>, is a printer of specialized food wrappers and is located in Napier, New Zealand.

San Clemente, Calif.-based *Original Sprout*, <u>www.originalsprout.com</u>, acquired in 2017, produces and distributes a full line of vegan, safe, non-toxic hair and skin care products, including a "reef safe" sun- screen, throughout the U.S. and in many regions throughout the world.

*Marygold & Co. (UK) Limited,* <u>https://marygoldandco.uk/</u>, was established in the U.K. in 2021 and operates through two U.K.-based investment advisory business units: Marygold & Co Limited (fka/Tiger Financial and Asset Management), acquired in 2022, <u>http://www.tfam.co.uk/</u>, and Step-by-Step Financial Planners, acquired in 2024, <u>https://www.sbsfp.co.uk/</u>, that manage clients' financial wealth across a diverse product rang

**About The Marygold Companies, Inc.**

The Marygold Companies, Inc. was founded in 1996 and repositioned as a global holding firm in 2015. The Company currently has operating subsidiaries in financial services, food manufacturing, printing, and beauty products, under the trade names USCF Investments, Marygold & Co., Step-By-Step Financial Planners, Marygold & Co. Limited, Gourmet Foods, Printstock Products, and Original Sprout, respectively. Offices and manufacturing operations are in the U.S., New Zealand, and the U.K. For more information, visit <u>www.themarygoldcompanies.com</u>.

**Forward-Looking Statements**

This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may" "will," "could," "should" "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements, including, but not limited to, expectation of actions taken to have a beneficial impact on operating results, and that revenues for the New Zealand businesses will continue to increase, involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. Readers should refer to the further detail of the risks disclosed in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission and in the Company's other filings with the Securities and Exchange Commission. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

**Media and investors, for more Information, contact:**

Roger S. Pondel

PondelWilkinson Inc.

310-279-5965

<u>rpondel@pondel.com</u>

**Contact the Company:**

David Neibert, Chief Operations Officer

949-218-8542

<u>dneibert@themarygoldcompanies.com</u>

**THE MARYGOLD COMPANIES, INC.**

**CONSOLIDATED BALANCE SHEETS**

**(in thousands, except per share data)**

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| | | |
|:---|:---|:---|
|  | **June 30, 2025** | **June 30, 2024** |
| **ASSETS** |  |  |
| **CURRENT ASSETS** |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | $5005 | $5461 |
| &nbsp;&nbsp;&nbsp;Accounts receivable, net (of which $1,281 and $1,455, respectively, due from related parties) | 2361 | 2678 |
| &nbsp;&nbsp;&nbsp;Inventories | 2001 | 2191 |
| &nbsp;&nbsp;&nbsp;Prepaid income tax and tax receivable | 783 | 1338 |
| &nbsp;&nbsp;&nbsp;Investments, at fair value | 7829 | 9551 |
| &nbsp;&nbsp;&nbsp;Other current assets | 1067 | 3034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 19046 | 24253 |
| &nbsp;&nbsp;&nbsp;Restricted cash | 63 | 62 |
| &nbsp;&nbsp;&nbsp;Property and equipment, net | 1038 | 1166 |
| &nbsp;&nbsp;&nbsp;Operating lease right-of-use asset | 984 | 974 |
| &nbsp;&nbsp;&nbsp;Goodwill | 2481 | 2481 |
| &nbsp;&nbsp;&nbsp;Intangible assets, net | 1029 | 1375 |
| &nbsp;&nbsp;&nbsp;Deferred tax assets, net | 3440 | 1969 |
| &nbsp;&nbsp;&nbsp;Other assets | 2339 | 619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $30420 | $32899 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |
| **CURRENT LIABILITIES** |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | $3831 | $4021 |
| &nbsp;&nbsp;&nbsp;Lease liabilities, current portion | 556 | 620 |
| &nbsp;&nbsp;&nbsp;Advance from buyer of Brigadier Security Systems | 720 |  |
| &nbsp;&nbsp;&nbsp;Purchase consideration payable | 257 | 277 |
| &nbsp;&nbsp;&nbsp;Loans payable, current portion | 1268 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 6632 | 5233 |
| &nbsp;&nbsp;&nbsp;Purchase consideration payable, net of current portion |  | 237 |
| &nbsp;&nbsp;&nbsp;Lease liabilities, net of current portion | 580 | 455 |
| &nbsp;&nbsp;&nbsp;Deferred tax liabilities, net | 221 | 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total long-term liabilities | 801 | 1052 |
| &nbsp;&nbsp;&nbsp;Total liabilities | 7433 | 6285 |
| **STOCKHOLDERS' EQUITY** |  |  |
| &nbsp;&nbsp;&nbsp;Preferred stock, $0.001 par value; 50,000 shares authorized; Series B: 13 and 49 shares issued and outstanding at June 30, 2025 and 2024, respectively |  |  |
| &nbsp;&nbsp;&nbsp;Common stock, $0.001 par value; 900,000 shares authorized; 42,818 and 40,096 shares issued and outstanding at June 30, 2025 and 2024, respectively | 42 | 40 |
| &nbsp;&nbsp;&nbsp;Additional paid-in capital | 15167 | 12825 |
| &nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss | (420) | (269) |
| &nbsp;&nbsp;&nbsp;Retained earnings | 8198 | 14018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 22987 | 26614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $30420 | $32899 |

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**THE MARYGOLD COMPANIES, INC.**

**CONSOLIDATED STATEMENTS OF OPERATIONS**

**(in thousands, except per share data)**

---

| | | |
|:---|:---|:---|
|  | **Year Ended June 30,** | **Year Ended June 30,** |
|  | **2025** | **2024** |
| Revenue |  |  |
| &nbsp;&nbsp;&nbsp;Fund management - related party | $17135 | $18965 |
| &nbsp;&nbsp;&nbsp;Food products | 6720 | 7271 |
| &nbsp;&nbsp;&nbsp;Beauty products | 2974 | 3296 |
| &nbsp;&nbsp;&nbsp;Security systems | 2471 | 2655 |
| &nbsp;&nbsp;&nbsp;Financial services | 854 | 649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revenue | 30154 | 32836 |
| Cost of revenue | 8282 | 8720 |
| Gross profit | 21872 | 24116 |
| Operating expense |  |  |
| &nbsp;&nbsp;&nbsp;Salaries and compensation | 11366 | 11150 |
| &nbsp;&nbsp;&nbsp;General and administrative expense | 8891 | 8942 |
| &nbsp;&nbsp;&nbsp;Fund operations | 5222 | 5154 |
| &nbsp;&nbsp;&nbsp;Marketing and advertising | 2493 | 3152 |
| &nbsp;&nbsp;&nbsp;Impairment loss |  | 1389 |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization | 590 | 585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 28562 | 30372 |
| Loss from operations | (6690) | (6256) |
| Other (expense) income: |  |  |
| &nbsp;&nbsp;&nbsp;Interest and dividend income | 1399 | 756 |
| &nbsp;&nbsp;&nbsp;Interest expense | (1172) | (16) |
| &nbsp;&nbsp;&nbsp;Other (expense) income, net | (919) | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total other (expense) income, net | (692) | 808 |
| Loss before income taxes | (7382) | (5448) |
| Benefit from income taxes | 1562 | 1379 |
| Net loss | $(5820) | $(4069) |
| Weighted average shares of common stock |  |  |
| &nbsp;&nbsp;&nbsp;Basic | 41701 | 40396 |
| &nbsp;&nbsp;&nbsp;Diluted | 41701 | 40396 |
| Net loss per common share |  |  |
| &nbsp;&nbsp;&nbsp;Basic | $(0.14) | $(0.10) |
| &nbsp;&nbsp;&nbsp;Diluted | $(0.14) | $(0.10) |

---