Marygold net loss narrows 25% to USD 4.37 million in FY26; revenue rises 8% to USD 25.31 million
MGLD•Cash and working capital position
Cash and cash equivalents fell to USD 2.9 million from USD 5 million, while working capital stood at USD 12.3 million.
Beauty products segment turns profitable
Beauty products revenue rose 13% to USD 3.37 million, while segment results turned to operating income of USD 293,000 from an operating loss.
FY26 results show narrower loss on higher revenue
Marygold posted a net loss of USD 4.37 million, narrowing 25% from the prior fiscal year on revenue of USD 25.31 million, up 8%.
Loss from continuing operations improved to USD 6.01 million, while other income swung to USD 1.21 million from other expense.
Fund management revenue rises on higher assets under management
Fund management revenue climbed 23% to USD 21.13 million on higher average assets under management of USD 4.1 billion.
