The Marygold Companies, Inc.MGLD

$1.05-0.08 (-7.08%)
AMEXFinancial Services24:00 UTC

Company snapshot

Market Cap
$45M
Micro-cap
-61%
2022 — today
10-Year Price
-66%
2022 — today
52-Week Range
$0.68$1.30
Current $1.05· 60%

Based in San Clemente, California, The Marygold Companies Inc., established in 1996 and known as Concierge Technologies, Inc. until March 2022, is a diversified holding company. Through its subsidiaries, Marygold engages in multiple sectors across the United States, New Zealand, Australia, and Canada. The company provides investment fund management services, advising various exchange-traded funds and products organized as limited partnerships or trusts. Its food division manufactures and distributes meat pies and other baked goods to grocers, convenience stores, and independent retailers, while also producing specialty wrappers for the food industry. In the beauty sector, Marygold formulates and wholesales hair and skin care products under the 'Original Sprout' brand, supplying them to salons, resorts, grocery stores, health food stores, and e-commerce platforms. Additionally, it sells and installs commercial and residential alarm monitoring systems under the Brigadier Security Systems and Elite Security names. The company is also actively developing a FinTech software application aimed at enhancing the mobile banking experience.

Valuation in context

P/E ratio
-20.6
N/A
Not meaningful — company is unprofitable
P/B ratio
2.0
Above average
Pricier than usual over the last 10 years
FCF Yield
-6.6%
Below average
Below the 10-year average
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