Welcome to our dedicated page for Goldmoney news (Ticker: XAUMF), a resource for investors and traders seeking the latest updates and insights on Goldmoney stock.
Goldmoney Inc. (XAUMF) provides secure precious metals custody, property investments, and jewelry manufacturing services through its diversified financial platform. This news hub offers investors and analysts timely updates on corporate developments, strategic initiatives, and market positioning within the real assets sector.
Access consolidated coverage of earnings reports, regulatory filings, and operational milestones. Track updates across Goldmoney's core business verticals, including asset custody innovations, real estate acquisitions, and luxury goods market trends. All content is verified for accuracy and relevance to support informed financial analysis.
Key updates include executive leadership changes, compliance achievements, partnership announcements, and industry recognition. Bookmark this page for streamlined access to Goldmoney's evolving role in secure asset management and alternative investment solutions.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) held its annual general and special meeting of shareholders on September 16, 2024. The meeting saw a 59.88% representation of issued and outstanding common shares. Shareholders approved setting the board of directors at five members, with all proposed directors elected. The appointment of KPMG LLP as auditors was also approved. Notably, shareholders passed a special resolution to transfer the company's governing corporate law from British Columbia to the British Virgin Islands, with 98.3% votes in favor. Management plans to implement this change promptly.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) has announced its upcoming annual general and special meeting (AGSM) on September 16, 2024. The company is proposing a continuance into the British Virgin Islands (BVI), which shareholders will vote on. This move is believed to be in the company's best interest, allowing for more efficient capital returns and simplified management of subsidiaries. Key points:
- Shareholder votes due by September 12, 2024, at 1:00 p.m. Toronto time
- Over 90% of share capital owned by non-Canadian beneficial owners
- Common shares will remain listed on the Toronto Stock Exchange
- The continuance will affect certain shareholder rights under the current BCBCA
Shareholders are advised to consult legal advisors regarding the implications of this change.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) has reported strong financial results for Q1 fiscal 2025, ending June 30, 2024. Key highlights include:
- Group Tangible Capital increased by 6.1% QoQ to $133.8 million
- Group Tangible Capital per Share rose 6.7% QoQ to $10.24
- Adjusted Net Income grew 57.1% QoQ to $6.6 million
- The company completed its NCIB, repurchasing and cancelling 865,909 shares since June 30, 2023
These results demonstrate Goldmoney's strong financial position and commitment to shareholder value. The company's performance metrics show consistent growth in tangible equity and earnings per share, both including and excluding its MENE subsidiary.
Goldmoney Inc. (TSX: XAU, US: XAUMF) reported its fiscal year 2024 financial results ending March 31, 2024. The company announced a Group Tangible Capital of $126 million, an 11% year-over-year (YoY) decrease. Group Tangible Capital per Share dropped 5.5% to $9.60 YoY but excluding MENE, it rose 4.4% to $8.03. Adjusted Net Income increased 15% YoY to $16.7 million. The company repurchased and canceled 726,160 shares at an average price of $8.46 and canceled an additional 212,600 shares from the SchiffGold divestiture, reducing shares outstanding by 6.1% YoY. Precious metal revenue fell to $59.3 million from $84.8 million the prior year, while total revenue decreased to $68.2 million from $86.6 million. Net income reflected a loss of $22.1 million, compared to a $5.3 million profit in the previous year. Goldmoney’s total assets were $185.5 million, up from $176.1 million the prior year, and total liabilities rose to $44.3 million from $3.9 million last year.
FAQ
What is the current stock price of Goldmoney (XAUMF)?
What is the market cap of Goldmoney (XAUMF)?
