MGLD | Market Cap: $86.3M (10/12/26)
Industry:
Capital Markets

DESCRIPTION

The Marygold Companies is a holding company primarily focused on financial services. The company's core business is USCF Investments, which manages exchange-traded funds (ETFs) listed in the U.S. These ETFs provide investors exposure to commodities such as crude oil, natural gas, and copper without directly trading futures contracts, and include products such as the United States Oil Fund and the United States Natural Gas Fund. USCF Investments operates on an asset-based fee model, earning monthly management fees calculated as a contractual percentage of fund AUM. Consequently, revenue and fund operating expenses fluctuate with investor fund flows and underlying commodity price movements. Marygold also operates two smaller continuing subsidiaries: Original Sprout, a consumer brand selling vegan hair and skin care products through retail, salon, and direct-to-consumer channels, and Marygold UK, a wealth management advisory firm. Marygold's strategy focuses on streamlining its portfolio toward financial services by divesting non-core assets, launching new commodity and hybrid ETFs, and expanding its UK wealth management business through acquisitions.

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