Marygold Companies Inc (MGLD)

[ELAL7474]

(*) The financial data and results of operations are for the fiscal year ended June 30, 2022.
The Marygold Companies, Inc.
Message from the Chairman
October 2022
Dear Fellow Shareholders:
The Marygold Companies’ net income for the 12 months ended June 30, 2022 was $1.1 million,
increasing the book value of our Company by 13.1% from June 30, 2021. Since the present management
team and corporate holding company structure was established in 2015, fully diluted per share book
value has grown from $0.21 to $0.74 (1), a rate of 20.2% compounded annually. Our goal is to have the
growth of book value exceed the growth of the FTSE Global All Cap index on average over time.

The Marygold Companies Performance vs. the FTSE Global All Cap Index as of June 30, 2016(7)
through June 30, 2022
Fiscal
Year
Ending
June
MGLD
Book
Value
Per
share (1)(2)
MGLD
Book
Value
% Change
MGLD
Stock
Price (1)
MGLD
Stock
Price
% Change
FTSE
Global All
Cap Index
with
dividends
included
% Change
2016 $0.21 $1.05
2017 $0.34 67.9% $1.77 68.5% 18.9%
2018 $0.44 28.6% $0.70 -60.5% 11.5%
2019 $0.45 1.3% $0.65 -7.1% 5.3%
2020 $0.50 10.9% $0.97 49.2% 1.8%
2021 $0.66 32.0% $2.00 106.2% 41.1%
2022 $0.74 13.1% $1.40 -30.0% -15.9%
(1) Adjusted for splits. (2) Fully Diluted Shares
I ended my last CEO shareholder letter with the summary of, “Overall, another good year considering the
pandemic. And a milestone time in our growth and development, with a new corporate name and uplist
to the NYSE American exchange.