Marygold Companies (MGLD)
Market Price (2/24/2026): $1.12 | Market Cap: $48.0 MilSector: Financials | Industry: Asset Management & Custody Banks
Marygold Companies (MGLD)
Market Price (2/24/2026): $1.12Market Cap: $48.0 MilSector: FinancialsIndustry: Asset Management & Custody Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21% | Weak multi-year price returns2Y Excs Rtn is -17%, 3Y Excs Rtn is -101% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -16% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.4%, Rev Chg QQuarterly Revenue Change % is -4.5% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% | ||
| High stock price volatilityVol 12M is 108% | ||
| Key risksMGLD key risks include [1] sustained financial underperformance and inefficient capital allocation, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21% |
| Weak multi-year price returns2Y Excs Rtn is -17%, 3Y Excs Rtn is -101% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -16% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.4%, Rev Chg QQuarterly Revenue Change % is -4.5% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% |
| High stock price volatilityVol 12M is 108% |
| Key risksMGLD key risks include [1] sustained financial underperformance and inefficient capital allocation, Show more. |
Qualitative Assessment
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1. Significant Reduction in Net Losses: Marygold Companies reported substantially narrowed net losses during the period. For its first fiscal quarter ended September 30, 2025, the net loss decreased to $0.4 million, or $0.01 per share, a notable improvement from a $1.6 million loss, or $0.04 per share, in the prior year. This positive trend continued into the second fiscal quarter ended December 31, 2025, with a net loss of $0.6 million, or $0.01 per share, compared to a $1.7 million loss, or $0.04 per share, in the same period a year earlier.
2. Elimination of All Debt: The company achieved a debt-free capital structure during the specified period. Proceeds from the sale of its Canadian subsidiary, Brigadier Security Systems, which closed in July 2025 for $2.3 million and resulted in a $0.5 million gain, were utilized to retire all of Marygold Companies' remaining debt. This financial strengthening was highlighted in both its Q1 and Q2 fiscal year 2026 reports, confirming no interest-bearing debt at December 31, 2025.
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Stock Movement Drivers
Fundamental Drivers
The 6.5% change in MGLD stock from 10/31/2025 to 2/23/2026 was primarily driven by a 7.8% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.07 | 1.14 | 6.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 30 | 29 | -4.3% |
| P/S Multiple | 1.6 | 1.7 | 7.8% |
| Shares Outstanding (Mil) | 44 | 43 | 3.3% |
| Cumulative Contribution | 6.5% |
Market Drivers
10/31/2025 to 2/23/2026| Return | Correlation | |
|---|---|---|
| MGLD | 6.5% | |
| Market (SPY) | 0.0% | 7.0% |
| Sector (XLF) | -3.1% | 16.0% |
Fundamental Drivers
The 36.9% change in MGLD stock from 7/31/2025 to 2/23/2026 was primarily driven by a 55.5% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.83 | 1.14 | 36.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 31 | 29 | -7.6% |
| P/S Multiple | 1.1 | 1.7 | 55.5% |
| Shares Outstanding (Mil) | 41 | 43 | -4.8% |
| Cumulative Contribution | 36.9% |
Market Drivers
7/31/2025 to 2/23/2026| Return | Correlation | |
|---|---|---|
| MGLD | 36.9% | |
| Market (SPY) | 8.3% | 5.5% |
| Sector (XLF) | -2.8% | 13.2% |
Fundamental Drivers
The 10.7% change in MGLD stock from 1/31/2025 to 2/23/2026 was primarily driven by a 30.9% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.03 | 1.14 | 10.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 33 | 29 | -11.3% |
| P/S Multiple | 1.3 | 1.7 | 30.9% |
| Shares Outstanding (Mil) | 41 | 43 | -4.7% |
| Cumulative Contribution | 10.7% |
Market Drivers
1/31/2025 to 2/23/2026| Return | Correlation | |
|---|---|---|
| MGLD | 10.7% | |
| Market (SPY) | 14.4% | 7.1% |
| Sector (XLF) | -0.4% | 11.4% |
Fundamental Drivers
The -35.2% change in MGLD stock from 1/31/2023 to 2/23/2026 was primarily driven by a -22.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312023 | 2232026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.76 | 1.14 | -35.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 37 | 29 | -22.1% |
| P/S Multiple | 1.9 | 1.7 | -11.7% |
| Shares Outstanding (Mil) | 40 | 43 | -5.8% |
| Cumulative Contribution | -35.2% |
Market Drivers
1/31/2023 to 2/23/2026| Return | Correlation | |
|---|---|---|
| MGLD | -35.2% | |
| Market (SPY) | 74.1% | 5.1% |
| Sector (XLF) | 45.1% | 5.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MGLD Return | 0% | 94% | -29% | 66% | -50% | 25% | 42% |
| Peers Return | 10% | -9% | 44% | 37% | -4% | 10% | 108% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| MGLD Win Rate | 0% | 42% | 33% | 67% | 33% | 50% | |
| Peers Win Rate | 48% | 43% | 57% | 57% | 48% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MGLD Max Drawdown | 0% | 0% | -33% | -26% | -61% | 0% | |
| Peers Max Drawdown | -18% | -41% | -23% | -17% | -41% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: IVZ, WT, ELF, HNST, BLK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/23/2026 (YTD)
How Low Can It Go
| Event | MGLD | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -75.7% | -25.4% |
| % Gain to Breakeven | 311.0% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -61.4% | -33.9% |
| % Gain to Breakeven | 159.4% | 51.3% |
| Time to Breakeven | 717 days | 148 days |
| 2018 Correction | ||
| % Loss | -56.4% | -19.8% |
| % Gain to Breakeven | 129.4% | 24.7% |
| Time to Breakeven | 126 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -91.4% | -56.8% |
| % Gain to Breakeven | 1066.7% | 131.3% |
| Time to Breakeven | 538 days | 1,480 days |
Compare to IVZ, WT, ELF, HNST, BLK
In The Past
Marygold Companies's stock fell -75.7% during the 2022 Inflation Shock from a high on 3/11/2022. A -75.7% loss requires a 311.0% gain to breakeven.
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About Marygold Companies (MGLD)
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- Food Products: Manufacturing and distribution of prepared meals and snack foods for wholesale and retail markets.
- Security Services: Providing physical security solutions, including alarm systems, access control, and video surveillance for commercial and residential clients.
- Wealth Management Services: Offering financial planning, investment management, and advisory services to individuals and institutional clients.
- Online Jewelry and Watch Marketplace: An e-commerce platform for buying and selling designer jewelry and luxury watches.
AI Analysis | Feedback
Marygold Companies (MGLD) primarily sells its products and services to individuals. Its dominant revenue segment is Food Products, operated through its wholly-owned subsidiary, Grand Western Steaks, which primarily sells premium meats and seafood directly to consumers.
The company serves the following categories of individual customers:
- Premium Home Consumers: Individuals and households across the United States who purchase high-quality, premium meats and seafood online for personal consumption. These customers prioritize superior taste, quality, and variety for their everyday meals and special occasions, valuing the convenience of direct-to-door delivery from Grand Western Steaks.
- Special Occasion & Gift Givers: Individuals who purchase gourmet food items, particularly premium meats and seafood from Grand Western Steaks, for holidays, celebrations, or as thoughtful gifts for family, friends, or business associates. These customers value curated selections, quality, and elegant presentation.
- Fintech Users & Financial Advisory Clients: Marygold Companies also serves individuals through its Financial Services segment, operated by Marygold & Co. This category includes users of their digital wallet and payment services for everyday transactions and remittances, as well as clients seeking personalized financial planning and investment advisory services.
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Nicholas D. Gerber, Chairman of the Board, President and Chief Executive Officer
Nicholas D. Gerber was appointed CEO of Marygold Companies in January 2015 and has served for over 10 years. Under his leadership, the company was restructured as a holding company in 2015. Mr. Gerber directly owns 56.79% of the company's shares. He has also made recent acquisitions of the company's common stock, reflecting his continued investment.
Stuart Crumbaugh, Chief Financial Officer
Stuart Crumbaugh has served as the Chief Financial Officer for Marygold Companies since 2017. He has held senior financial management roles at USCF Investments, Marygold's largest subsidiary, since 2015. Prior to joining USCF Investments, Mr. Crumbaugh was Vice President Finance and CFO of Sikka Software Corporation. He also worked as a consultant with Connor Group, where he provided IPO readiness, M&A, and related financial services to various early-stage companies. Notably, he was instrumental in preparing and guiding Solera Holdings, Inc. through its IPO in 2007, having served as CFO for the Americas and Global VP of Finance.
Carolyn M. Yu, Chief Legal Officer and Chief Continuity Officer
David W. Neibert, Director and Chief Operations Officer; Secretary of the Company and Marygold & Co. (UK) Limited
David W. Neibert previously served as CEO of the predecessor company from April 2007 to January 2015, followed by roles as CFO from February 2015 to October 2017, and COO from November 2017 to the present. He has continuously served as President of Original Sprout, and as a Director and officer of Gourmet Foods Ltd., Brigadier Security Systems, and Marygold & Co (US and UK) since their respective acquisitions. Before joining Marygold, he held various executive management positions in the telecom industry from 1992 to 2002.
Timothy M. Rooney, President of Marygold & Co. (Fintech Subsidiary)
Timothy M. Rooney was appointed President of Marygold & Co., a wholly owned fintech subsidiary, in January 2023. He is a founding leadership group member at Marygold & Co., where he helped establish and leads Marygold & Co. Advisory Services, LLC. With over 20 years of experience, Mr. Rooney has a proven track record in creating and launching successful financial services organizations and products, including mutual funds, exchange-traded funds, and retirement plan businesses. His career includes a decade as Vice President, Product Development at Nationwide Investment Management Group, and positions as Vice President, Strategy for Sun America Retirement Markets and head of Strategic Initiatives for Pacific Life Insurance Company.
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The key risks to Marygold Companies (MGLD) primarily revolve around its financial performance, the inherent volatility and regulatory landscape of its financial services segments, and the complexities of managing a diverse portfolio of businesses.
- Sustained Financial Underperformance and Inefficient Capital Utilization: Marygold Companies has experienced declining revenues and widening net losses, with consolidated revenue falling to $30.2 million in fiscal year 2025 from $32.8 million in the prior year, and a net loss increasing to $5.8 million from $4.1 million. The company's Return on Invested Capital (ROIC) stands at a significantly negative -21.40%, which is well below its Weighted Average Cost of Capital (WACC) of 7.55%, indicating that it is not generating returns above its cost of capital. This is further highlighted by the decision to halt funding for its U.S. fintech app due to unsustainable monthly costs exceeding $0.5 million, aiming to save approximately $4 million in annualized expenses.
- Regulatory and Market Volatility Risks in Financial Services: As a global holding firm with a significant focus on financial services, including its USCF Investments subsidiary which offers exchange-traded funds (ETFs), Marygold Companies is exposed to substantial regulatory and market risks. This includes increased scrutiny from the Securities and Exchange Commission (SEC) regarding digital asset custody and reporting, which directly impacts its financial services segment and fintech operations. The recent launch of a USCF Oil Plus Bitcoin Strategy Fund also introduces exposure to the unique and substantial risks of volatile commodity and cryptocurrency markets, which are relatively new and can be less liquid.
- Challenges of Managing a Diverse Portfolio of Disparate Businesses: Marygold Companies operates as a holding company with segments in various, seemingly unrelated sectors such as fund management, food products, beauty products, and financial services. While diversification can spread risk, it also presents challenges related to diluted management focus, potential lack of synergy between businesses, and susceptibility to broad-based weakness across segments, as observed in the company's recent performance.
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The accelerated rise and increasing sophistication of direct-to-consumer content creation and distribution platforms, including advanced self-publishing tools, robust subscription services like Substack, and the monetization capabilities of social media platforms, pose a significant emerging threat to Marygold Companies' traditional publishing segment (HCI Books). These platforms empower authors and content creators, particularly in the self-help, spirituality, and wellness genres, to bypass traditional publishers, directly reach and engage audiences, and monetize their content. This trend erodes the traditional publisher's value proposition in content acquisition, editing, marketing, and distribution, directly competing for both author talent and reader attention.
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Marygold Companies (MGLD) operates across several distinct market segments. Based on available information, the addressable market sizes for their main products and services are outlined below:
Fund Management
Marygold Companies, through its subsidiary USCF Investments, is involved in investment fund management, specifically with Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) in the United States. The global ETF market size was valued at approximately $13 trillion as of 2024.
Food Products
Marygold Companies' Food Products segment, operating through Gourmet Foods Ltd. and Printstock Products Limited in New Zealand, manufactures and distributes meat pies, sausage rolls, patisserie cakes, and prints specialty wrappers for the food industry. The New Zealand food manufacturing industry had revenues of approximately USD 20.3 billion in 2024. The global packaging market, relevant to Printstock Products, was valued at USD 1,184.2 billion in 2023 and is projected to grow to USD 1,873.9 billion by 2032.
Beauty Products
The company's Beauty Products segment, under the Original Sprout brand, focuses on the wholesale distribution of hair and skin care products. The global hair care market was valued at USD 92.4 billion in 2023 and is projected to reach USD 138.8 billion by 2032. The global skin care market size was valued at USD 149.3 billion in 2023 and is expected to grow to USD 248.6 billion by 2032.
Financial Services (Fintech App)
Marygold Companies is developing and marketing a mobile fintech application through its Marygold & Co. subsidiaries in the U.S. and U.K. The global fintech market was valued at USD 331.2 billion in 2023 and is anticipated to reach USD 1,480.9 billion by 2032.
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Marygold Companies (MGLD) is anticipated to drive future revenue growth over the next two to three years through several key initiatives:
- Expansion and User Adoption of the Marygold & Co. Fintech App in the UK: Marygold Companies has significantly invested in its mobile fintech application. The app launched in the UK in March 2025 and has a stated goal of attracting a substantial subscriber base through ongoing marketing efforts. The company also introduced a new feature, a Cash Management Account with up to a 6% return, in December 2024, and the app was recognized by Forbes Advisor in April 2025 as one of the best budgeting apps. Continued rollout and increased user adoption in the UK are expected to be significant revenue drivers.
- Launch of New Exchange Traded Funds (ETFs) by USCF Investments: Despite a decline in average Assets Under Management (AUM) for its USCF Investments subsidiary in fiscal 2024 and Q1 2026, Marygold Companies expects to continue launching newly registered Exchange Traded Funds during the coming year. The introduction of new ETFs would generate additional management and advisory fees, contributing to revenue growth.
- Strategic Acquisitions in the Financial Services Sector: Marygold Companies has a history of acquiring financial services entities, such as Tiger Financial & Asset Management Limited and Step By Step Financial Planners in the UK. The company's ongoing strategy includes acquiring or developing other revenue-producing sources, with a particular focus on existing sectors like fintech. These strategic acquisitions are poised to expand its service offerings and market reach, thereby increasing revenue.
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Share Issuance
- In January 2025, Marygold Companies completed an underwritten public offering of 2,050,000 shares of its common stock at $1.10 per share, generating gross proceeds of approximately $2,255,000.
- As of November 1, 2025, there were 42,817,687 common shares outstanding and 13,302 Series B preferred shares outstanding.
- During the nine months ending March 31, 2023, the company issued 277,037 restricted stock awards and 50,000 stock options to employees.
Inbound Investments
- In September 2024, Marygold Companies secured $4.38 million in initial funding as part of a $6.56 million private placement with Streeterville Capital, LLC, through the sale of a secured promissory note.
- A second funding portion of approximately $2.0 million from this private placement was anticipated in January 2025, with proceeds earmarked for the Marygold & Co. fintech project.
- In December 2024, the Nicholas & Melinda Gerber Living Trust, associated with CEO Nicholas D. Gerber, purchased 42,149 shares of the company's common stock for approximately $72,538.
Outbound Investments
- In July 2025, Marygold Companies sold its wholly-owned Canadian subsidiary, Brigadier Security Systems Ltd., for approximately $2.2 million, realizing a $0.5 million gain on the sale. The proceeds were used to pay down corporate debt and for general corporate purposes.
- In June 2022, Marygold UK acquired all outstanding shares of Tiger Financial & Asset Management, Limited.
- The company has also made earlier acquisitions of UK-based investment advisory firm Step By Step Financial Planners.
Capital Expenditures
- Over the five years leading up to September 2024, Marygold Companies invested more than $15 million in the development and testing of its fintech app (Marygold & Co.) using internally generated cash and profits.
- The total investment in the fintech app since its implementation in 2019 is $19.3 million.
- Further capital contributions to the U.S. Marygold & Co. fintech app stopped in March 2025, and the U.S. app is in "cold storage" due to its inability to become a profitable business, while Marygold & Co. (UK) continues its development and marketing efforts.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Marygold Companies Earnings Notes | 12/16/2025 | |
| How Low Can Marygold Companies Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to MGLD.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | FDS | FactSet Research Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -25.2% | -25.2% | -25.3% |
| 01302026 | PFSI | PennyMac Financial Services | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -9.3% | -9.3% | -9.3% |
| 01302026 | ALLY | Ally Financial | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.5% | -5.5% | -5.5% |
| 01232026 | FIS | Fidelity National Information Services | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -21.6% | -21.6% | -22.6% |
| 01022026 | MORN | Morningstar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -25.4% | -25.4% | -26.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 20.96 |
| Mkt Cap | 3.8 |
| Rev LTM | 988 |
| Op Inc LTM | 161 |
| FCF LTM | 170 |
| FCF 3Y Avg | 100 |
| CFO LTM | 187 |
| CFO 3Y Avg | 109 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.3% |
| Rev Chg 3Y Avg | 7.3% |
| Rev Chg Q | 9.6% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Mgn LTM | 14.1% |
| Op Mgn 3Y Avg | 10.1% |
| QoQ Delta Op Mgn LTM | 1.0% |
| CFO/Rev LTM | 17.4% |
| CFO/Rev 3Y Avg | 15.2% |
| FCF/Rev LTM | 15.7% |
| FCF/Rev 3Y Avg | 13.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.8 |
| P/S | 2.7 |
| P/EBIT | 17.2 |
| P/E | 25.7 |
| P/CFO | 13.2 |
| Total Yield | 3.9% |
| Dividend Yield | 0.4% |
| FCF Yield 3Y Avg | 2.3% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.8% |
| 3M Rtn | 9.6% |
| 6M Rtn | 6.8% |
| 12M Rtn | 18.7% |
| 3Y Rtn | 44.2% |
| 1M Excs Rtn | -3.8% |
| 3M Excs Rtn | 9.5% |
| 6M Excs Rtn | 2.7% |
| 12M Excs Rtn | 8.6% |
| 3Y Excs Rtn | -27.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fund management - related party | 19 | 15 | |||
| Food products | 7 | 5 | |||
| Beauty products | 3 | 4 | |||
| Security systems | 3 | 3 | |||
| Financial services | 1 | ||||
| Total | 33 | 27 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fund management - related party | 5 | ||||
| Security systems | 0 | ||||
| Food products | 0 | ||||
| Beauty products | -2 | ||||
| Corporate headquarters | -4 | ||||
| Financial services | -6 | ||||
| Total | -6 |
Price Behavior
| Market Price | $1.14 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -12.3% | |
| 50 Days | 200 Days | |
| DMA Price | $1.01 | $0.98 |
| DMA Trend | up | up |
| Distance from DMA | 12.8% | 16.3% |
| 3M | 1YR | |
| Volatility | 155.6% | 111.2% |
| Downside Capture | 101.41 | 24.46 |
| Upside Capture | 163.84 | 37.55 |
| Correlation (SPY) | 7.4% | 7.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.47 | 3.06 | 1.68 | 0.93 | 0.46 | 0.42 |
| Up Beta | 23.39 | 16.89 | 5.57 | 2.78 | 0.47 | 0.50 |
| Down Beta | 4.34 | 2.64 | 1.92 | 0.54 | 0.66 | 0.56 |
| Up Capture | 287% | 105% | 72% | 92% | 22% | 4% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 6 | 15 | 22 | 50 | 110 | 299 |
| Down Capture | -500% | -85% | 7% | -7% | 27% | 61% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 23 | 29 | 56 | 116 | 349 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MGLD | |
|---|---|---|---|---|
| MGLD | -8.8% | 109.5% | 0.40 | - |
| Sector ETF (XLF) | -0.3% | 19.6% | -0.13 | 10.4% |
| Equity (SPY) | 12.8% | 19.4% | 0.50 | 6.1% |
| Gold (GLD) | 79.1% | 25.7% | 2.25 | -17.5% |
| Commodities (DBC) | 7.7% | 16.9% | 0.27 | 0.6% |
| Real Estate (VNQ) | 6.6% | 16.7% | 0.21 | 12.2% |
| Bitcoin (BTCUSD) | -30.9% | 44.9% | -0.69 | -6.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MGLD | |
|---|---|---|---|---|
| MGLD | -23.1% | 120.3% | 0.21 | - |
| Sector ETF (XLF) | 11.5% | 18.8% | 0.49 | 2.3% |
| Equity (SPY) | 13.2% | 17.0% | 0.61 | 1.9% |
| Gold (GLD) | 23.6% | 17.1% | 1.12 | -1.7% |
| Commodities (DBC) | 10.7% | 19.0% | 0.45 | 6.0% |
| Real Estate (VNQ) | 5.1% | 18.8% | 0.18 | 4.2% |
| Bitcoin (BTCUSD) | 6.7% | 57.1% | 0.34 | -1.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MGLD | |
|---|---|---|---|---|
| MGLD | -10.3% | 119.9% | 0.27 | - |
| Sector ETF (XLF) | 13.9% | 22.2% | 0.58 | 3.8% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 3.1% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | -1.8% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 6.2% |
| Real Estate (VNQ) | 6.9% | 20.7% | 0.30 | 5.0% |
| Bitcoin (BTCUSD) | 67.8% | 66.8% | 1.07 | -0.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/10/2026 | 12.0% | 27.3% | |
| 9/22/2025 | -3.7% | -0.9% | -4.6% |
| 5/8/2025 | -0.5% | -7.9% | -12.2% |
| 11/12/2024 | 10.3% | 2.6% | 28.3% |
| 2/15/2024 | 7.2% | 41.8% | 22.7% |
| 11/14/2023 | 8.3% | -1.1% | 0.8% |
| 5/15/2023 | -1.3% | -5.7% | -14.1% |
| 2/14/2023 | -4.3% | -10.3% | -5.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 5 | 5 |
| # Negative | 4 | 5 | 4 |
| Median Positive | 7.7% | 14.2% | 8.3% |
| Median Negative | -2.5% | -5.7% | -8.8% |
| Max Positive | 12.0% | 41.8% | 28.3% |
| Max Negative | -4.3% | -10.3% | -14.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/05/2026 | 10-Q |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 09/19/2025 | 10-K |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/05/2025 | 10-Q |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 09/18/2024 | 10-K |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 02/14/2024 | 10-Q |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 09/25/2023 | 10-K |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 02/14/2023 | 10-Q |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 09/28/2022 | 10-K |
| 03/31/2022 | 05/16/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Nicholas, & Melinda Gerber Living Trust | Chief Executive Officer | Direct | Buy | 12102025 | 0.93 | 25,000 | 23,175 | 17,382,293 | Form |
| 2 | Nicholas, & Melinda Gerber Living Trust | Chief Executive Officer | Direct | Buy | 12042025 | 1.02 | 15,352 | 15,736 | 19,194,278 | Form |
| 3 | Nicholas, & Melinda Gerber Living Trust | Chief Executive Officer | Direct | Buy | 11212025 | 1.05 | 20,000 | 20,960 | 19,608,890 | Form |
| 4 | Nicholas, & Melinda Gerber Living Trust | Chief Executive Officer | Direct | Buy | 6242025 | 1.00 | 50,000 | 49,845 | 18,632,832 | Form |
| 5 | Nicholas, & Melinda Gerber Living Trust | Chief Executive Officer | Direct | Buy | 2262025 | 1.05 | 50,000 | 52,550 | 19,591,452 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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