Gold.com Q4 Revenue Nearly Doubles to $5 Billion

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โดย GuruFocus·US·Read original
Summary · why it matters

Gold.com Inc reported fiscal fourth-quarter revenue of $5 billion, nearly doubling from $2.5 billion a year earlier, and announced a special dividend of $1 per share alongside its regular $0.20 dividend. Full-year revenue surged 132% to $25.5 billion, while Q4 net income attributable to the company totaled $12.2 million, or $0.41 per diluted share. The company sold 521,000 ounces of gold in the quarter, up 51% year-over-year, but new customer acquisition in its direct-to-consumer segment fell 38% from the prior year. CEO Greg Roberts attributed a slowdown in demand since mid-March to geopolitical uncertainty and higher interest rates, which have pressured precious metals prices. He also noted that the Tether partnership is expanding, with gold and silver lease volumes at multiples of initial disclosures, though the company has yet to fully deploy that liquidity to offset contango costs.

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Gold.com, Inc.
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Q4 revenue nearly doubled to $5B and full-year revenue surged 132%, with a special $1 dividend announced.

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