Marygold Companies swings to FY27 first-quarter net income of $1.8 million; revenue rises 81% to $9.4 million
MGLD•Marygold Companies reported FY27 first-quarter net income of $1.8 million, compared with a $400,000 year-earlier loss, as revenue rose 81% to $9.4 million. Madison Dearborn Partners-managed funds agreed to acquire all outstanding shares for $2.00 each, with closing expected in the first half of 2027 or earlier.
1. Quarterly results
Marygold Companies swung to FY27 first-quarter net income of $1.8 million from a $400,000 loss a year earlier. Revenue rose 81% to $9.4 million, excluding discontinued New Zealand operations.
2. USCF and acquisition
USCF Investments’ revenue increased 95% to $8.4 million, while average assets under management rose 90% year over year to $5.5 billion. Madison Dearborn Partners-managed funds agreed to acquire all outstanding shares for $2.00 each; closing is expected in the first half of 2027 or earlier.
