The Marygold panies(MGLD) - 2026 Q2 - Quarterly Results

Financial Performance - Revenue for Q2 2026 was $7.6 million, down from $8.0 million in Q2 2025, which included $0.6 million from the sold subsidiary Brigadier[3] - The net loss for Q2 2026 was $0.6 million, an improvement from a net loss of $1.7 million in Q2 2025, resulting in a loss of $0.01 per share compared to $0.04 per share[3] - For the first half of fiscal year 2026, revenue totaled $14.6 million, down from $15.9 million in the prior year, with a net loss of $0.9 million compared to $3.3 million in the prior year[4] - The company reported a $0.5 million gain on the sale of Brigadier, contributing to the improved financial performance[4] - Total stockholders' equity was reported at $22.7 million, slightly down from $22.9 million at the end of the previous quarter[17] Cash and Assets - Cash and cash equivalents at the end of Q2 2026 were $4.1 million, with total assets of $27.8 million and no debt[5] Business Developments - The company launched a new ETF (Ticker: WTIB) during the second quarter, now trading on the NYSE Arca[6] - Original Sprout, a subsidiary, was profitable for the second consecutive quarter, indicating a positive trend in operations[6] - The company is assessing the viability of its mobile fintech app in the U.K., which showed modest growth during the quarter[6] - The focus remains on growing in the financial services sector, which is expected to provide scalable, recurring revenue and strong long-term growth[6]