Marygold Companies (MGLD) AI Stock Analysis

• Market Cap: $45.81M
• Dividend Yield: N/A
• Average Volume (3M): 9.80K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.46
• Revenue Growth: -10.16%
• EPS Growth: 13.49%
• Country: US
• Employees: 116
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.01
• Shares Outstanding: 42,811,210
• 10 Day Avg. Volume: 11,239
• 30 Day Avg. Volume: 9,800
• PEG Ratio: -0.14
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 1.08
• P/FCF Ratio: -9.63
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 1.53
• Enterprise Value/Gross Profit: 2.08
• Enterprise Value/Ebitda: -15.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: $1.50 ▲(47.06% Upside)
• Action: Reiterated Date: 02/07/26
• Date: Action: Reiterated 02/07/26

The score is held back primarily by weak recent fundamentals (TTM losses, sharp revenue decline, and negative operating/free cash flow). These risks are partially offset by a relatively conservative balance sheet with low leverage, while technical indicators are broadly neutral and valuation is constrained by negative earnings.

Positive Factors

Low leverage / conservative balance sheet

A very low debt-to-equity ratio and equity-backed asset base provide durable financial flexibility. This reduces short-term funding pressure, lowers interest burden, and gives the company runway to absorb losses or invest in product development or strategic initiatives before needing dilutive financing.

High gross margins / attractive unit economics

Sustained ~73% gross margins signal strong unit economics or pricing power in core services. If management can control operating expenses, these margins make the business structurally capable of returning to profitability and scaling profitably as revenue stabilizes or grows.

Fintech-focused business model and diversified operations

A diversified holding structure with a mobile-banking fintech franchise positions the company in structural tailwinds (digital banking adoption, fintech services). This portfolio mix supports cross-selling, product leverage, and potential scaling benefits if execution and customer acquisition improve.

Negative Factors

Sustained net losses (TTM)

Persistent TTM net losses erode retained equity and constrain reinvestment. Continued negative earnings increase reliance on external funding or asset sales, reduce strategic optionality, and impair the ability to sustain long-term growth initiatives without clear path to restored profitability.

Negative operating and free cash flow

Ongoing cash burn weakens liquidity and raises funding risk. Negative OCF/FCF limits capacity to invest in growth or weather downturns, may force debt issuance or equity dilution, and reduces margin for error if revenue declines persist or if one-off costs arise.

Sharp revenue contraction and negative operating margins

A steep revenue decline together with operating losses indicates structural demand or execution issues. When fixed and operating expenses overwhelm gross profit, scaling becomes risky; reversing this trend requires either revenue recovery or meaningful cost restructuring to restore sustainable margins.

Marygold Companies Business Overview & Revenue Model

Company Description

Marygold Companies (MGLD) is a diversified firm operating primarily in the agricultural and food sectors. The company specializes in producing and distributing a range of organic and sustainable food products, including grains, fruits, and vegetables, while also offering agricultural technology solutions to enhance farming efficiency. MGLD aims to promote sustainable practices in agriculture and food production, catering to both consumer markets and food service industries.

How the Company Makes Money

Marygold Companies generates revenue through multiple key streams. The primary source of income comes from the sale of its organic food products, which are distributed to grocery chains, restaurants, and direct-to-consumer platforms. Additionally, MGLD earns revenue from its agricultural technology services, including software solutions and consulting aimed at optimizing farm management and production yields. Strategic partnerships with local farmers and agricultural cooperatives also enhance its supply chain efficiency and product offerings, contributing to its overall earnings. Furthermore, MGLD may benefit from government grants and subsidies aimed at promoting sustainable agricultural practices, adding an additional layer to its revenue model.

Marygold Companies Financial Statement Overview

Summary

Financials are mixed: the balance sheet is relatively strong with low leverage (debt-to-equity ~0.05) and meaningful equity, but recent operating performance is weak. TTM net income is negative (-$3.4M) with a steep revenue contraction, and cash flow has turned negative (TTM OCF and FCF both -$1.7M), increasing sustainability risk despite historically high gross margins (~73%).

Income Statement

TTM (Trailing-Twelve-Months) results show the business is loss-making (net income of -$3.4M) with negative operating profitability despite strong gross profit margin (~73%). Revenue has contracted materially in TTM (down ~124% vs. prior period), and the last two annual periods also show declining revenue and sustained losses, marking a clear deterioration from the profitable 2021–2023 stretch. Strength: consistently high gross margin suggests pricing/potential unit economics remain attractive; weakness: operating expenses are overwhelming gross profit, keeping margins negative.

Balance Sheet

Leverage is low and balance-sheet risk appears contained: TTM debt is ~$1.1M against ~$22.7M of equity (debt-to-equity ~0.05), providing flexibility. Total assets (~$27.8M) are supported primarily by equity rather than debt. The key weakness is negative returns on equity in the most recent periods (TTM ROE ~-15%), indicating capital is not currently generating profits even though the company is not financially overextended.

Cash Flow

Cash generation is weak in the most recent periods: TTM operating cash flow is negative (-$1.7M) and free cash flow is also negative (-$1.7M), with a sharp deterioration in free cash flow growth (down ~44%). While the relationship between free cash flow and net income is roughly in line (both are negative recently), the company is still consuming cash, which raises funding and sustainability risk if losses persist. Strength: the business has shown it can generate positive operating and free cash flow in prior years (notably 2021 and 2023); weakness: the recent reversal back to cash burn is significant.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	28.85M	30.15M	32.84M	34.88M	37.83M	39.90M
Gross Profit	21.18M	21.87M	24.12M	26.13M	28.63M	30.61M
EBITDA	-2.87M	-5.62M	-4.85M	2.21M	2.95M	8.28M
Net Income	-3.42M	-5.82M	-4.07M	1.17M	1.15M	5.85M
Balance Sheet
Total Assets	27.80M	30.42M	32.90M	35.28M	35.31M	31.51M
Cash, Cash Equivalents and Short-Term Investments	11.59M	12.83M	15.01M	19.64M	17.98M	17.90M
Total Debt	1.13M	2.40M	1.46M	1.29M	1.90M	2.12M
Total Liabilities	5.11M	7.43M	6.29M	4.90M	6.27M	6.22M
Stockholders Equity	22.69M	22.99M	26.61M	30.38M	29.04M	25.29M
Cash Flow
Free Cash Flow	-1.69M	-3.37M	-1.97M	1.76M	-624.34K	7.14M
Operating Cash Flow	-1.66M	-3.32M	-1.91M	1.85M	-580.30K	7.22M
Investing Cash Flow	3.90M	1.20M	-926.00K	-7.29M	-3.73M	-1.20M
Financing Cash Flow	-2.63M	1.83M	-30.00K	-20.30K	2.34M	-28.43K

Marygold Companies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MGLD, the sentiment is Neutral. The current price of 1.02 is below the 20-day moving average (MA) of 1.09, above the 50-day MA of 1.01, and above the 200-day MA of 0.96, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 49.80 is Neutral, neither overbought nor oversold. The STOCH value of 34.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MGLD.

Marygold Companies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BCG	57 Neutral	$34.87M	59.95	5.87%	―	-37.08%	―
MGLD	50 Neutral	$45.81M	-13.58	-18.96%	―	-10.16%	13.49%
RMCO	50 Neutral	$59.05M	-163.68	-2.53%	0.20%	261.58%	-329.41%
CWD	46 Neutral	$8.36M	-0.07	-1438.14%	―	-62.09%	-99.89%
ATON	42 Neutral	$9.37M	>-0.01	―	―	―	―