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Marygold Companies vs TON Strategy

Marygold Companies is the larger business, with $25.3m of revenue in fiscal 2026 against $12.8m for TON Strategy (2.0 times as much). TON Strategy grew faster (1327.8% against 8.0%). Marygold Companies kept more of each dollar of sales as profit: a net margin of -17.3% against -1161.9%.

Latest fiscal yearMarygold CompaniesMGLD, 2026TON StrategyTONX, 2025
Revenue $25.3m $12.8m
Revenue growth 8.0% 1327.8%
Net income −$4.4m −$148m
Operating margin -23.8% —
Net margin -17.3% -1161.9%
Return on equity -20.7% -70.3%
Free cash flow −$2.3m −$20.9m
Cash $2.9m $39.5m
Total debt $0 —
Debt to equity 0.0% —
Dividend per share — —
Dividend yield — —
Share buybacks — $20.6m
Employees 81 —
Market value $84.4m $163m
Price vs our value range — —
Moat score 50 (Moderate) 12 (Weak)
Insider trades, 12 months 3 buys, 0 sales 9 buys, 18 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.