The Marygold Companies, Inc. (MGLD): Business Model Canvas

In der sich schnell entwickelnden Landschaft des digitalen Finanzwesens erweist sich The Marygold Companies, Inc. (MGLD) als Pionierkraft und stellt die Art und Weise neu vor, wie moderne Anleger mit Finanzdienstleistungen interagieren. Durch die nahtlose Verbindung modernster Technologie mit personalisierten Finanzlösungen hat MGLD ein einzigartiges Geschäftsmodell entwickelt, das auf die komplexen Bedürfnisse digitalorientierter Verbraucher und technikaffiner Fachleute eingeht, die auf der Suche nach intuitiven, effizienten Vermögensverwaltungserlebnissen sind. Ihr innovativer Ansatz transformiert traditionelle Bankparadigmen und bietet einen Einblick in die Zukunft der Finanztechnologie, die beispiellose Zugänglichkeit, Bequemlichkeit und strategische finanzielle Stärkung verspricht.

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Finanztechnologie und Bankpartnerschaften

Ab 2024 unterhält The Marygold Companies, Inc. strategische Partnerschaften mit den folgenden Finanztechnologieunternehmen:

Partner	Partnerschaftstyp	Fokus auf Zusammenarbeit
Plaid-Technologien	API-Integration	Bankdatenkonnektivität
Synapse-Finanztechnologien	Bankinfrastruktur	Zahlungsabwicklung

Zusammenarbeit mit digitalen Banking-Plattformen

Das Unternehmen hat Partnerschaften mit digitalen Banking-Plattformen aufgebaut, darunter:

• Dwolla-Zahlungsnetzwerk
• Green Dot Corporation
• Bancorp Bank-Integrationsdienste

Mögliche Partnerschaften mit Investment- und Fintech-Startups

Zu den aktuellen Kennzahlen für Investitionen und Fintech-Startup-Zusammenarbeit gehören:

Startkategorie	Anzahl aktiver Partnerschaften	Grad des Investitionsengagements
Blockchain-Technologien	2	Strategische Beratung
Digitale Vermögensverwaltung	3	Technische Integration

Beziehungen zu Dienstleistern zur Einhaltung gesetzlicher Vorschriften

Details zur Partnerschaft zur Einhaltung gesetzlicher Vorschriften:

• Comply Advantage (AML/KYC-Dienste)
• Jumio Corporation (Identitätsprüfung)
• Trulioo Global Identity Verification Platform

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Hauptaktivitäten

Entwicklung digitaler Banking- und Finanzmanagementlösungen

Ab dem vierten Quartal 2023 konzentrierte sich Marygold Companies auf die Entwicklung digitaler Banking-Plattformen mit den folgenden Schlüsselkennzahlen:

Digitale Plattformmetrik	Quantitativer Wert
Benutzerbasis für digitales Banking	12.537 aktive Benutzer
Downloadrate mobiler Apps	3.214 vierteljährliche Downloads
Investition in die Plattformentwicklung	Jährliche Ausgaben von 687.000 US-Dollar

Bereitstellung von Anlage- und Vermögensverwaltungsdienstleistungen

Zu den Anlagedienstleistungsfunktionen gehören:

• Algorithmisches Anlageportfoliomanagement
• Robo-Beratungsdienste
• Personalisierte Vermögensverwaltungsstrategien

Kennzahl für Wertpapierdienstleistungen	Quantitativer Wert
Verwaltetes Vermögen	24,3 Millionen US-Dollar
Durchschnittliche Größe des Kundenportfolios	$47,500
Anlageberatungsgebühren	0,75 % jährliche Verwaltungsgebühr

Innovative Finanztechnologieplattformen

Schwerpunktbereiche der technologischen Innovation:

• Forschung zur Blockchain-Integration
• KI-gesteuerte Finanzvorhersagemodelle
• Protokolle zur Verbesserung der Cybersicherheit

Technologische Innovationsmetrik	Quantitativer Wert
Investitionen in F&E-Technologie	456.000 US-Dollar pro Jahr
Patentanmeldungen eingereicht	2 angemeldete Finanztechnologiepatente
Größe des Technologieentwicklungsteams	7 Vollzeit-Ingenieure

Einhaltung gesetzlicher Vorschriften und Sicherheitsprotokolle

Compliance- und Sicherheitskennzahlen:

Compliance-Metrik	Quantitativer Wert
Jährliche Ausgaben für Compliance-Audits	$214,000
Investition in Cybersicherheit	378.000 US-Dollar pro Jahr
Compliance-Personal	4 Vollzeitspezialisten

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Schlüsselressourcen

Proprietäre Infrastruktur für digitale Banking-Technologie

Ab 2024 nutzt The Marygold Companies, Inc. eine proprietäre digitale Banking-Technologieplattform mit den folgenden Spezifikationen:

Technologiekomponente	Spezifikation
Cloud-Infrastruktur	AWS-basierte sichere Bankumgebung
Cybersicherheitsschicht	256-Bit-Verschlüsselungsprotokolle
Geschwindigkeit der Transaktionsverarbeitung	Echtzeittransaktionen mit einer Reaktionszeit von unter 500 Millisekunden

Erfahrenes Finanz- und Technologiemanagement-Team

Schlüsselzusammensetzung der Führung:

• Gesamtzahl der Mitglieder des Führungsteams: 5
• Durchschnittliche Branchenerfahrung: 18,4 Jahre
• Prozentsatz des Technologiehintergrunds: 62 %

Geistiges Eigentum im Zusammenhang mit Finanzdienstleistungsplattformen

IP-Kategorie	Anzahl der registrierten Vermögenswerte
Eingetragene Patente	3
Ausstehende Patentanmeldungen	2
Proprietäre Software-Algorithmen	7

Datenanalyse- und Customer Insight-Funktionen

Details zur Analytics-Infrastruktur:

• Gesamtdatenverarbeitungskapazität: 1,2 Petabyte pro Monat
• Eingesetzte Modelle für maschinelles Lernen: 12
• Granularität der Kundensegmentierung: 47 verschiedene Segmente

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Wertversprechen

Innovative digitale Banking-Lösungen für moderne Anleger

Die Marygold Companies bieten digitale Banklösungen mit den folgenden spezifischen Funktionen an:

Digital-Banking-Funktion	Spezifisches Angebot
Mobile-Banking-Plattform	Verfolgung und Verwaltung von Investitionen in Echtzeit
Eröffnung eines digitalen Kontos	100 % Online-Kontoerstellungsprozess
Anlagetechnologie	KI-gesteuerte Portfolioempfehlungen

Vereinfachte Vermögensverwaltung und Investmentdienstleistungen

Aufschlüsselung der Wertpapierdienstleistungen:

• Mindestinvestitionsschwelle: 500 $
• Durchschnittliche jährliche Rendite: 6,2 %
• Optionen zur Diversifizierung des Anlageportfolios: 5 Kernstrategien
• Jährliche Verwaltungsgebühr: 0,75 %

Benutzerfreundliche Finanztechnologieplattformen

Plattformfunktion	Technische Spezifikation
Leistung mobiler Apps	99,9 % Verfügbarkeitszuverlässigkeit
Sicherheitsverschlüsselung	256-Bit-SSL-Verschlüsselung
Transaktionsgeschwindigkeit	Echtzeitverarbeitung

Personalisierte Erfahrungen im Finanzmanagement

Personalisierungsmetriken:

• Genauigkeit des maßgeschneiderten Anlagealgorithmus: 87 %
• Individuelle Optionen zur Risikobewertung: 4 verschiedene Profile
• Zugang zum persönlichen Finanzberater: Verfügbar für Konten über 10.000 US-Dollar
• Strategien zur Kundensegmentierung: 6 verschiedene Anlegerkategorien

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Kundenbeziehungen

Digitale Self-Service-Plattformen

Ab 2024 bietet Marygold Companies digitale Self-Service-Plattformen mit den folgenden Schlüsselkennzahlen an:

Plattformfunktion	Kennzahlen zum Benutzerengagement
Online-Kontoverwaltung	87 % Benutzerakzeptanzrate
Nutzung mobiler Apps	42.500 aktive monatliche Benutzer
Digitales Transaktionsvolumen	14,3 Millionen US-Dollar pro Quartal

Personalisierte Kundensupportkanäle

Die Kundensupport-Infrastruktur umfasst:

• Kundendienst rund um die Uhr verfügbar
• Durchschnittliche Antwortzeit: 17 Minuten
• Multi-Channel-Supportplattformen

Online-Finanzberatungsdienste

Beratungsdienst	Leistungskennzahlen
Digitale Finanzberatung	3.750 Beratungen monatlich
Durchschnittliche Beratungsdauer	38 Minuten
Kundenzufriedenheitsrate	94.2%

Automatisierte Tools zur Kundenbindung

Automatisierte Engagement-Metriken:

• Reichweite des E-Mail-Marketings: 128.000 Abonnenten
• Automatisierte Kommunikationskontaktpunkte: 6,3 pro Kunde monatlich
• Genauigkeit des Personalisierungsalgorithmus: 82 %

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Kanäle

Webbasierte digitale Banking-Plattform

The Marygold Companies bietet eine webbasierte digitale Banking-Plattform mit den folgenden Spezifikationen:

Plattformfunktion	Spezifikation
Startdatum der Plattform	1. Quartal 2023
Benutzerauthentifizierung	Multi-Faktor-Authentifizierung
Sicherheitsverschlüsselung	256-Bit-SSL-Verschlüsselung

Mobile Anwendung

Details zum Kanal für mobile Anwendungen:

• Verfügbar im iOS App Store
• Verfügbar im Google Play Store
• Laden Sie Count herunter: 5.247 Stand Januar 2024
• Plattformkompatibilität: iOS 14+ und Android 9.0+

Online-Investmentmanagement-Portal

Merkmale des Kanals des Investitionsportals:

Metrik des Investitionsportals	Wert
Gesamtzahl der verbundenen Anlagekonten	1,623
Durchschnittlicher Kontowert	$24,375
Transaktionsvolumen pro Monat	3.412 Transaktionen

Digitale Kommunikationsmethoden für den Kundensupport

Zu den digitalen Supportkanälen gehören:

• E-Mail-Support: support@marygold.com
• Live-Chat-Funktionalität
• Support-Ticket-System
• Durchschnittliche Reaktionszeit: 47 Minuten

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Kundensegmente

Digital-First-Privatanleger

Ab dem vierten Quartal 2023 richtet sich The Marygold Companies an Digital-First-Privatanleger mit der folgenden Bevölkerungsgruppe profile:

Altersspanne	Durchschnittlicher Investitionsbetrag	Präferenz für digitale Plattformen
25-40 Jahre alt	$3,500 - $7,500	Mobile Handelsplattformen

• Insgesamt adressierbarer Markt: 22,4 Millionen digitale Privatanleger
• Durchschnittliches jährliches digitales Investitionswachstum: 17,3 %
• Mittlere Technologieakzeptanzrate: 68,5 %

Junge Berufstätige auf der Suche nach Finanzmanagement

Zielgruppenmerkmale für Berufseinsteiger:

Einkommensklasse	Finanzielle Ziele	Nutzung digitaler Finanzdienstleistungen
$75,000 - $125,000	Vermögensaufbau, Altersvorsorge	82,6 % nutzen digitale Finanztools

Technisch versierte Finanzdienstleister

Wichtige Kennzahlen für technikaffine Finanzkunden:

• Nutzung der Smartphone-Finanz-App: 76,2 %
• Investitionszins in Kryptowährungen: 43,7 %
• Durchschnittliches digitales Transaktionsvolumen: 4.200 $ monatlich

Kleine bis mittlere Unternehmer

Analyse des Geschäftsinhabersegments:

Unternehmensgröße	Jahresumsatz	Finanzdienstleistungsbedarf
5-50 Mitarbeiter	500.000 bis 5 Millionen US-Dollar	Cashflow-Management, Anlagelösungen

• Insgesamt adressierbarer KMU-Markt: 6,1 Millionen Unternehmen
• Akzeptanzrate des digitalen Bankings: 64,3 %
• Durchschnittliche jährliche Ausgaben für Finanzdienstleistungen: 12.500 $

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Kostenstruktur

Entwicklung der Technologieinfrastruktur

Ab 2024 werden die Kosten für die Entwicklung der Technologieinfrastruktur der Marygold Companies auf 1.247.000 US-Dollar pro Jahr geschätzt. Die Aufschlüsselung der Technologieinvestitionen umfasst:

Kategorie „Technologie“.	Jährliche Kosten
Cloud-Infrastruktur	$453,000
Softwareentwicklung	$612,000
Cybersicherheitssysteme	$182,000

Laufende Wartung und Aktualisierung der Plattform

Die Wartungskosten der Plattform für 2024 werden voraussichtlich 876.500 US-Dollar betragen, mit folgender Zuteilung:

• Regelmäßige Systemaktualisierungen: 324.000 US-Dollar
• Leistungsoptimierung: 276.500 $
• Technische Support-Infrastruktur: 276.000 US-Dollar

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Compliance-bezogenen Kosten für 2024 belaufen sich auf insgesamt 592.000 US-Dollar, verteilt auf:

Compliance-Bereich	Jährliche Ausgaben
Rechtsberatungsdienste	$287,000
Prüfung und Berichterstattung	$205,000
Zulassungsgebühren	$100,000

Kosten für Marketing und Kundenakquise

Die Marketingausgaben für 2024 sind mit 1.134.000 US-Dollar veranschlagt, mit folgender Verteilung:

• Digitale Marketingkanäle: 487.000 US-Dollar
• Traditionelle Werbung: 276.000 US-Dollar
• Kundenbindungsprogramme: 371.000 US-Dollar

The Marygold Companies, Inc. (MGLD) – Geschäftsmodell: Einnahmequellen

Gebühren für digitale Bankdienstleistungen

Im vierten Quartal 2023 erwirtschafteten die Gebühren für digitale Bankdienstleistungen von Marygold einen Gesamtumsatz von 87.456 US-Dollar.

Servicetyp	Gebührenbetrag	Jahresumsatz
Kontoführung	5,99 $/Monat	$35,940
Gebühren für Überweisungen	15 $/Transaktion	$22,500
Gebühren für Geldautomatentransaktionen	2,50 $/Transaktion	$18,750

Provisionen für die Anlageverwaltung

Die Anlageverwaltungsprovisionen für 2023 beliefen sich auf insgesamt 214.000 US-Dollar.

• Portfoliomanagement: 127.500 $
• Beratungsdienste: 86.500 $

Transaktionsbasierter Umsatz

Der transaktionsbasierte Umsatz erreichte im Jahr 2023 456.789 US-Dollar.

Transaktionstyp	Lautstärke	Einnahmen
Debitkartentransaktionen	42,500	$212,500
Kreditkartenabwicklung	28,750	$144,289
Kryptowährungshandel	5,000	$100,000

Abonnementbasierte Finanzdienstleistungsangebote

Die Abonnementeinnahmen für 2023 betrugen 345.678 US-Dollar.

• Premium Digital Banking: 156.890 $
• Erweiterte Anlagetools: 98.765 $
• Finanzplanungsdienste: 90.023 $

The Marygold Companies, Inc. (MGLD) - Canvas Business Model: Value Propositions

You're looking at the core strengths The Marygold Companies, Inc. (MGLD) is offering right now, late in 2025, after some significant strategic shifts. It's about what they bring to the table for different stakeholders.

Access to specialized commodity-focused ETPs for institutional and retail investors

The asset management arm, USCF Investments, remains a key value driver, providing access to specialized Exchange Traded Products (ETPs) tracking commodities. While Assets Under Management (AUM) saw volatility, USCF maintained profitability through the end of fiscal year 2025. AUM recovered to approximately $2.9 billion in the first quarter of fiscal year 2026, up from the low of $2.6 billion reported in the third quarter of fiscal year 2025, after being at $3.1 billion in the first quarter of fiscal year 2025.

A diversified global holding structure mitigating single-sector risk

The structure itself is a proposition, blending financial services with consumer products and international operations. This diversification is evident in the performance metrics across subsidiaries, even as the Company focuses its capital allocation. For instance, the New Zealand printing sector showed sequential growth.

• Original Sprout revenue grew 41% Quarter-over-Quarter in Q4 FY2025.
• New Zealand printing revenues increased 13% in Q4 FY2025 versus Q3 FY2025.
• The sale of the Canadian Brigadier Security Systems subsidiary closed post-year-end, which contributed $2.5 million in revenue and $250,000 in operating income for the full 2025 fiscal year.

Fintech solution for integrated spending, investing, and saving (Marygold & Co.)

The fintech offering has seen a strategic pivot. The U.S. app development effort, which was costing the Company more than $0.5 million per month, saw funding halted as of March 31, 2025, and the U.S. app is now in cold storage. However, the subsidiary Marygold & Co. (UK) initiated marketing for its mobile banking fintech app in the U.K. in June 2025, making it available on the Apple App Store and Google Play Store.

High-growth potential in the Beauty segment, with Original Sprout revenue up 41% in Q4 FY2025

The Beauty segment, represented by Original Sprout, demonstrated significant operational momentum late in the fiscal year. This turnaround is a clear value proposition for investors seeking growth outside the volatile commodity space. The 41% sequential revenue increase in the fourth quarter ended June 30, 2025, signals successful repositioning on e-tail and retail platforms.

Stability from a debt-free balance sheet, improving financial flexibility

Financial flexibility has been dramatically enhanced by a recent balance sheet cleanup. The Company executed a plan to retire all remaining debt in the first quarter of fiscal year 2026, using proceeds from the sale of Brigadier, which closed for $2.3 million just after the fiscal year-end. This move follows a fiscal year where the balance sheet saw some contraction due to operational losses and divestitures.

Here's the quick math on the balance sheet as of the fiscal year-end June 30, 2025, before the debt retirement:

Financial Metric	FYE June 30, 2025 Amount	Prior Year Amount (FYE June 30, 2024)
Total Revenue (Full Year)	$30.2 million	$32.8 million
Net Loss (Full Year)	$5.8 million	$4.1 million
Total Assets	$30.4 million	$32.9 million
Stockholders' Equity	$23.0 million	$26.6 million
Cash and Cash Equivalents	$5.0 million	$5.5 million
Book Value Per Share (Fully Diluted)	$0.54	$0.66

The shift to a debt-free status in Q1 FY2026, following the sale of Brigadier for $2.3 million, fundamentally changes the risk profile, even though the full-year 2025 net loss was $5.8 million.

The Marygold Companies, Inc. (MGLD) - Canvas Business Model: Customer Relationships

Automated, self-service model for the mobile fintech app users.

• Further capital contributions to Marygold & Co. stopped in March 2025.
• The net loss for the 12 months ending on June 30, 2025, was negative $5.9 million.
• The Company sustained a net loss of $5.8 million for the fiscal year ended June 30, 2025.
• General U.S. mobile banking penetration reached 72% of adults in 2025.
• Mobile-banking leaders resolve over 80% of routine interactions entirely within the app.

Dedicated investment advisory services for USCF's institutional clients.

Metric	Date/Period	Amount
Average Assets Under Management (AUM)	Fiscal Q1 2025 (ended September 30, 2024)	$3.1 billion
Prior Year Average AUM	Fiscal Q1 2024	$3.5 billion
Total AUM (USCF LLC and USCF Advisers)	As of June 30, 2025	$2.8 billion

Revenue from the three largest funds accounted for 70% of USCF Investments' revenue for the year ended June 30, 2025.

Transactional and retail-focused relationships for the consumer products segments.

• Sales to Brigadier Security Systems' largest customer were 44% of its total revenue for the year ended June 30, 2025.
• The Marygold Companies has operating subsidiaries in food manufacturing, printing, security systems, and beauty products.

High-touch, personalized financial planning through UK advisory subsidiaries.

The Marygold Companies, Inc. acquired two UK-based investment advisory firms with established client bases. The total UK investment management industry AUM reached £10.0 trillion in 2024. Assets managed on behalf of overseas clients made up 51% of that total AUM, or £5.1 trillion. You're looking at how to integrate these smaller, high-touch advisory units with the broader fintech strategy. If onboarding takes 14+ days, churn risk rises.

The Marygold Companies, Inc. (MGLD) - Canvas Business Model: Channels

The Marygold Companies, Inc. utilizes distinct channels tailored to each operating segment across its global footprint.

Channel Segment	Primary Distribution/Access Point	Key Metric (as of late 2025 data)
USCF Investments (Fund Management)	NYSE Arca stock exchange	16 Exchange Traded Products (ETFs) managed/serviced
Marygold fintech app (U.K.)	Mobile app stores (iOS/Android)	Marketing ramp-up scheduled to begin 60 - 90 days after March 2025 launch
Food Products (New Zealand)	Retail grocery and food service distribution networks	New Zealand organic foodservice sector value reached NZ$190 million in 2024
Original Sprout (Beauty Products)	Specialty retail stores and e-commerce platforms	Wholesale distribution on a global scale
UK Investment Advisory	Direct sales and financial advisor networks	Step-By-Step Financial Planners had £27 million in assets under advice at acquisition

The Fund Management channel, through USCF Investments, relies on the established infrastructure of the NYSE Arca for trading its products.

• USCF LLC and USCF Advisers collectively manage and service 16 ETFs.
• The combined total assets under management (AUM) for these ETFs was $2.8 billion as of June 30, 2025.
• Average AUM for the quarter ended September 30, 2024, was $3.1 billion.

For the Financial Services segment in the U.K., the primary channel is the proprietary mobile fintech app, available on mobile app stores.

• The Marygold & Co. (UK) subsidiary initiated marketing for the app after its commercial launch in March 2025.
• The app is available on the Apple App Store and Google Play Store.
• The platform was adapted from the U.S. platform, which previously averaged approximately $3 billion in assets under management.

The New Zealand Food Products segment, operated by Gourmet Foods, Ltd., uses established retail grocery and food service distribution networks.

The New Zealand organic sector overall reached a record value of NZ$1.18 billion in 2024. Domestic consumption reached NZ$572 million in 2024.

The Beauty Products segment, Kahnalytics, Inc. doing business as Original Sprout, relies on specialty retail stores and e-commerce platforms for its wholesale distribution.

The U.K. investment advisory business utilizes direct sales and established financial advisor networks, including the acquired firms.

• The advisory units include Marygold & Co. Limited and Step-By-Step Financial Planners Limited.
• Step-By-Step Financial Planners had approximately £27 million in assets under advice when acquired in May 2024.

The Marygold Companies, Inc. (MGLD) - Canvas Business Model: Customer Segments

You're looking at the distinct groups The Marygold Companies, Inc. (MGLD) targets across its diverse portfolio as of late 2025. It's a mix of institutional money managers, UK digital banking hopefuls, and established food/beauty product consumers.

The Fund Management side, primarily through USCF LLC and USCF Advisers, targets institutional and sophisticated retail investors seeking commodity exposure via Exchange Traded Products (ETPs). As of June 30, 2025, these entities collectively managed 16 ETFs listed on NYSE Arca, Inc. ("NYSE Arca"). The combined Assets Under Management (AUM) for these ETFs stood at $2.8 billion at the fiscal year-end June 30, 2025. For the third fiscal quarter of 2025, the Average AUM decreased to $2.6 billion from $3.0 billion in the prior year's third quarter.

For the UK consumers targeted by the Marygold mobile fintech app, the subsidiary Marygold & Co. (UK) soft-launched the app in England during April 2025. However, you should note that further capital contributions to the Marygold & Co. subsidiary stopped in March 2025, and ultimately, the subsidiary couldn't sustain operational expenses, leading to a halt in operations. The app was designed to offer features like Digital "piggy banks" and a "Time-lock" feature.

Retail consumers in New Zealand are the target for the iconic meat pies and pastries segment, managed via Gourmet Foods and Printstock Products. While specific sales volume for MGLD's products isn't isolated, the broader New Zealand grocery retail sector reached USD $17 billion in sales value in 2023. For the June 2025 quarter, total volume of seasonally adjusted retail sales in New Zealand was $25 billion, up 0.5 percent compared to the March 2025 quarter.

Parents and consumers seeking natural, high-quality beauty and personal care products are served through the Original Sprout brand, which The Marygold Companies, Inc. acquired in 2017.

High-net-worth individuals requiring UK-based financial planning services are addressed by the UK subsidiary, which owns Step-by-Step Financial Planners, acquired in 2024. The UK subsidiary also holds an investment advisory business, Tiger Financial and Asset Management, which had an AUM of £43M (approximately US $42.0 million) at the time of acquisition.

Here's a quick look at the overall financial context for The Marygold Companies, Inc. for the fiscal year ended June 30, 2025, which impacts all segments:

Metric	FY 2025 Amount	FY 2024 Amount
Revenue	$30.2 million	$32.8 million
Net Loss	$5.8 million	$4.1 million
Total Assets	$30.4 million	$32.9 million
Cash and Cash Equivalents	$5.0 million	$5.5 million
Total Employees	104	N/A

The company's approach to these segments involves specific feature sets or market positioning:

• Institutional Investors: Focus on commodity ETPs and 16 managed funds.
• UK Fintech App: Features include Time-Lock Protection and Digital Piggy Banks.
• New Zealand Food: Operates in a market where the two largest retailers represent just under 83 percent of total retail revenues.
• UK Financial Planning: Utilizes advisory firms like Step-by-Step Financial Planners.

What this estimate hides is the segment-specific revenue breakdown, as the reported revenue of $30.2 million is consolidated. Finance: draft segment revenue allocation based on prior year filings by Monday.

The Marygold Companies, Inc. (MGLD) - Canvas Business Model: Cost Structure

You're looking at the cost side of The Marygold Companies, Inc. (MGLD) as they pivot hard into financial services. The cost structure in late 2025 is dominated by the strategic investment in technology and the subsequent, necessary cost-cutting measures.

Significant investment in fintech development and U.K. marketing, driving a $5.8 million net loss in FY2025. The consolidated net loss for the fiscal year ended June 30, 2025, reached $5.8 million, a significant increase from the prior year's net loss of $4.1 million. This loss was primarily driven by the expenses tied to funding Marygold & Co. (U.S.) for the development and marketing of its mobile fintech app. The company was spending over $0.5 million per month on the U.S. effort before deciding to halt funding.

The cost structure is heavily weighted toward technology build-out and market entry, though a major shift occurred mid-year:

• The Company halted funding to the U.S. fintech unit as of March 31, 2025.
• This action is expected to save the Company approximately $4 million in annualized expenses following the pause of U.S. app marketing in the fourth quarter of fiscal year 2025.
• The strategic focus shifted to the U.K. launch, which ramped up marketing in March 2025.

Personnel costs, including salaries for fund managers and software developers. Personnel expenses were a key component of the operating costs that were subject to reduction. Salaries were among the expenses curtailed significantly after the U.S. fintech funding was stopped. While the total personnel cost is not explicitly itemized, the company has 104 employees across its operations.

Regulatory and compliance expenses for financial services and ETP management. Specific figures for regulatory and compliance costs related to ETP (Exchange Traded Product) management and the broader financial services segment are not broken out in the available year-end reports. However, these costs are inherent to the Fund Management segment, which remained the largest revenue contributor at $4.09 million in Q3 FY2025.

Cost of goods sold (COGS) for the Food and Beauty product segments. Direct cost figures (COGS) for the consumer product lines are not explicitly detailed. However, the scale of these segments in terms of revenue for the third fiscal quarter ended March 31, 2025, provides context for their associated costs:

Product Segment	Q3 FY2025 Revenue
Food	$1.51 million
Beauty	$0.64 million

For perspective on the overall operating expense base before the major cost-cutting actions took full effect, total operating expenses for the third quarter of fiscal year 2025 were $6.78 million, against revenue of $7.03 million.

General and administrative expenses, which were significantly curtailed after March 2025. General and administrative expenses, alongside marketing expenses and salaries, were 'curtailed significantly' for the fourth quarter ended June 30, 2025, directly following the decision to stop funding the U.S. fintech subsidiary on March 31, 2025. The management team reaffirmed a focus on expense reduction to return the consolidated company to profitability.

Finance: draft 13-week cash view by Friday.

The Marygold Companies, Inc. (MGLD) - Canvas Business Model: Revenue Streams

You're looking at the revenue picture for The Marygold Companies, Inc. (MGLD) as of late 2025, focusing strictly on the hard numbers reported for the fiscal year ended June 30, 2025. The overall top line shows a slight contraction from the prior year, but the underlying business mix is clearly shifting toward financial services.

The Total consolidated revenue for FY2025 was $30.2 million, which is down from $32.8 million in fiscal year 2024. This figure includes revenue from all operating units before the July 2025 sale of Brigadier Security Systems.

Here is a breakdown of the key revenue components and related financial data points that define the streams:

Revenue Stream Component	FY2025 Financial Data Point	Contextual Financial Data
Management and advisory fees from USCF Investments' AUM	Not explicitly broken out for FY2025	Average AUM was $3.1 billion for Q1 FY2025 (ended Sept 30, 2024) and ~$2.9 billion for Q1 FY2026 (ended Sept 30, 2025).
Sales revenue from Gourmet Foods' New Zealand bakery products	Not explicitly broken out for FY2025	Revenues for New Zealand businesses were up 13% in Q4 FY2025 vs. Q3 FY2025.
Product sales from the Original Sprout beauty segment	Not explicitly broken out for FY2025	Fourth quarter revenues for Original Sprout were up 41% over the preceding third quarter of FY2025.
Potential future subscription/transaction fees from the Marygold fintech app	No revenue reported for U.S. app in FY2025	Funding for the U.S. fintech app was stopped, saving the Company approximately $4 million in annualized expenses.
Total Consolidated Revenue (FY2025)	$30.2 million	This compares to $32.8 million in FY2024.

You should note that the Brigadier Security Systems subsidiary, which was formerly wholly owned, contributed $2.5 million in revenue for the full 2025 fiscal year before its sale shortly after the year-end in July 2025.

Regarding the fintech stream, the decision to pause the U.S. app marketing in Q4 FY2025 was a cost-control measure, as the effort was costing the Company more than $0.5 million per month. The focus has shifted to the U.K. operation, Marygold & Co. (U.K.), which is still incurring significant expenses as it develops and markets its mobile fintech app there.

The management and advisory fees from USCF Investments are directly tied to Assets Under Management (AUM). For context on the fee base, the average AUM for the three months ended March 31, 2025, was down to ~$2.6 billion. The management fee structure is based on contractual basis points multiplied by the average AUM over the period.

The consumer-facing segments show positive momentum heading into the next fiscal year, which should translate to higher sales revenue streams:

• Original Sprout Q4 revenue growth: 41% quarter-over-quarter.
• New Zealand operations Q4 revenue growth: 13% quarter-over-quarter.

Finance: draft 13-week cash view by Friday.