The Marygold panies(US:MGLD)2025-09-22 20:05Financial Performance - Revenue for fiscal year 2025 was $30.2 million, a decrease of 7.9% from $32.8 million in fiscal year 2024[3] - The net loss for fiscal year 2025 was $5.8 million, or $0.14 per share, compared to a net loss of $4.1 million, or $0.10 per share, in the previous year[3] - Fourth quarter revenue was $7.2 million, down from $8.3 million in the same quarter last year, with a reduced net loss of $1.5 million, or $0.04 per share[4] - Stockholders' equity decreased to $23.0 million at the end of fiscal 2025 from $26.6 million at the end of fiscal 2024[5] Strategic Decisions - The company ceased funding for its Marygold & Co. fintech app in the U.S. as of March 31, 2025, due to unsustainable costs exceeding $0.5 million per month[6][8] - The sale of Brigadier Security Systems generated $2.3 million, which will be used to retire remaining debt[7] - The company expects a significant gain in fiscal 2026 from the sale of its Canadian security systems subsidiary[8] Subsidiary Performance - Original Sprout subsidiary reported a 41% increase in fourth quarter revenues compared to the third quarter of fiscal 2025[9] - USCF Investments continues to operate profitably despite market volatility, with increasing assets under management (AUM) in its ETF funds[9] Future Outlook - The company aims to enhance shareholder value by focusing on profitability and reducing debt and associated interest expenses[10]