The Marygold Companies is a small, diversified holding company with four segments: U.S. ETF fund management, food products, beauty products, and financial services. The dominant business is USCF Investments, which manages 16 commodity-focused ETFs with $2.8B in AUM. The flagship funds — the United States Oil Fund (USO) and United States Natural Gas Fund (UNG) — are among the most widely used instruments for investors seeking exposure to crude oil and natural gas prices without trading futures directly. USCF Investments earns management and advisory fees as a percentage of AUM, meaning revenue rises and falls directly with commodity prices. Beyond ETFs, Marygold operates Gourmet Foods, a New Zealand commercial bakery selling meat pies and pastries under the Ponsonby Pies and Pat's Pantry brands through grocery chains and petrol stations, along with a food wrapper printing subsidiary. Original Sprout is a small California-based vegan hair and skin care brand that has been losing money since its domestic wholesale distribution channel collapsed during COVID. Marygold UK is a UK wealth management and financial planning business with $80.2M in AUM, and it recently soft-launched a Fintech app in the UK in April 2025. The company's stated long-term focus is financial services, with ETF management and the Marygold Fintech app as the primary growth vectors. Marygold recently sold its Canadian security systems subsidiary and shut down its U.S. Fintech app after it failed to gain meaningful adoption.