Goldmoney Announces Mixed 2024 Financial Results
Company Announcements

Goldmoney Announces Mixed 2024 Financial Results

GoldMoney (TSE:XAU) has released an update.

Goldmoney Inc. reported mixed results for the fiscal year 2024, with a decrease in Group Tangible Capital by 11% year-over-year and a dip in Group Tangible Capital per Share by 5.5%. However, the company saw an increase in adjusted net income to $16.7 million, marking a 15% improvement from the previous year. Additionally, Goldmoney reduced its shares outstanding by 6.1% through repurchases and cancellations, including the divestiture of SchiffGold.

For further insights into TSE:XAU stock, check out TipRanks’ Stock Analysis page.

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