Gold.com Revenue Nearly Doubles to $5 Billion as Margins Slip

EarningsCorporate ActionCommodity
โดย Insider Monkey·US·Read original
Summary · why it matters

Gold.com Inc. reported fiscal fourth-quarter revenue that nearly doubled to $5 billion, up 99% from a year earlier, while full-year revenue jumped 132% to $25.5 billion from $11 billion in fiscal 2025. The growth was largely acquisition math: the company bought Monex in January and closed the Sunshine Minting deal in April, and CEO Greg Roberts called Sunshine Minting a major milestone that expands production capacity for the United States Mint and other sovereign mints. Gold ounces sold climbed 51% to 521,000 in the quarter, and cash on hand surged to $578 million from $77.7 million a year ago, funding a special dividend of $1.00 per share payable September 28, a regular $0.20 quarterly dividend, and a stated plan to buy back shares at a discount to the company's nearly $1 billion book value. Profit did not keep pace: gross margin fell to 2.2% from 3.3%, net income rose just 18% to $12.2 million, diluted earnings per share came in flat at $0.41, SG&A expenses rose 46% to $77.9 million, and EBITDA slipped 3% to $28.2 million. Direct-to-Consumer new customers fell 38% to 67,900, silver ounces sold dropped 2% year over year and 48% from the prior quarter, and short interest sits at 15.83% of float against a forward P/E of 14.37 as of September 11.

Impact on stocks 3

Financials▲ · 1 stocks
Gold.com, Inc.
GOLD
± MixedCapitalrelevance

Revenue nearly doubled to $5B on Monex/Sunshine acquisitions, but margins fell to 2.2%, EPS flat, EBITDA slipped 3%, and DTC new customers dropped 38%.

Digital Finance & Tokenization▲ · 1 stocks
Monex Group, Inc.
8698
± MixedCapitalrelevance

Monex acquisition in January is cited as the main driver of Gold.com's revenue growth, but no standalone impact on Monex Group is described.

Consumer Staples▲ · 1 stocks

Theme Impact 1

Off-coverage companies 1

Sunshine MintingPrivate▲ Positive
Supplyrelevance

Sunshine Minting deal closed in April and is called a major milestone expanding production capacity for the US Mint and other sovereign mints.

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