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Marygold Companies Inc (The) - MGLD STOCK NEWS

Welcome to our dedicated news page for Marygold Companies (The) (Ticker: MGLD), a resource for investors and traders seeking the latest updates and insights on Marygold Companies (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marygold Companies (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marygold Companies (The)'s position in the market.

Rhea-AI Summary
Marygold & Co., a subsidiary of The Marygold Companies, Inc., partners with april to offer free tax filing for 2024, ensuring maximum refunds for clients. The integration of tax filing into their app enhances the one-stop-shop experience for financial management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10%
Tags
partnership AI
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Rhea-AI Summary
The Marygold Companies, Inc. reported financial results for the three and six months ended December 31, 2023. Revenue for the three months was $8.5 million, a decrease from last year. The net loss for the second quarter was $1.2 million. For the six-month period, revenue was $16.7 million, with a net loss of $1.7 million. The Company's balance sheet remained strong, with cash and investments totaling $18.6 million. TMC is focusing on growing its fintech app, Marygold & Co., despite short-term negative impacts on income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.21%
Tags
earnings
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Rhea-AI Summary
Marygold & Co. (MGLD) Wins Bronze Award for Most Innovative Company in 2023 from Best in Biz Awards
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.4%
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none
Rhea-AI Summary
Marygold Companies, Inc. (MGLD) reports $8.2 million net revenues for the 2024 first fiscal quarter, reflecting a net loss of $500 thousand, attributed to continued investment in the Marygold & Co. fintech app. TMC's balance sheet shows $7.0 million in cash and cash equivalents, $35.5 million in total assets, and $30.0 million in total stockholders' equity. The company plans to focus on the financial services sector in the coming years and continues to invest in the fintech space, impacting short-term earnings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
earnings
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Rhea-AI Summary
The Marygold Companies, Inc. will present at a virtual investor conference to discuss their mobile fintech app and provide an update on the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.79%
Tags
conferences
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Rhea-AI Summary
The Marygold Companies, Inc. reported net revenues of $34.9 million for fiscal year 2023, compared to $37.8 million in the previous year. Net income rose slightly to $1.2 million. Total stockholders' equity increased to $30.4 million. USCF Investments had lower revenues due to lower assets under management. Other subsidiaries were impacted by inflationary pressures and higher expenses. Original Sprout sustained an operating loss but is expected to return to growth. Brigadier Security Systems and Gourmet Foods are expected to operate more efficiently. The company launched a new mobile fintech app and plans to implement marketing plans for it in the new fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
earnings
Rhea-AI Summary
Original Sprout to sponsor World Surf League events, launch Coastal Collection made from recycled ocean-bound plastic bottles
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.78%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
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none
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Rhea-AI Summary
The Marygold Companies, Inc. has launched its banking and financial services app, a digital platform that combines payments, savings, and investing. The app is now available at no cost in both Apple and Google app stores for iOS and Android devices. It offers a fully secured, private banking experience on a cell phone, with features such as unlimited money pool investing, PayAnyone™ capability, and contactless payment options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.58%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
earnings
Marygold Companies Inc (The)

NYSE:MGLD

MGLD Rankings

MGLD Stock Data

57.18M
7.56M
81.46%
0.44%
0.06%
Dog and Cat Food Manufacturing
Manufacturing
Link
US
San Clemente

About MGLD

founded in 1996 as a small tech company, today concierge technologies, inc. has become a multi-national conglomerate operating across a broad spectrum of industries. concierge technologies currently operates four diverse subsidiaries with product lines including food manufacture, security systems, financial investments, and internet-based vehicle monitoring. we continue to look to expand our portfolio through acquisitions of profitable, well managed, companies wherever they may be positioned geographically. we strive to create unity between our subsidiary companies, the parent company, and our shareholder base. our company motto is, “growing together.” we believe that this conveys our common goal of building sound business practices that lead to growing revenue streams that result in shareholder value. concierge’s common stock is listed as “cncg” on the otc qb exchange.