Mr. Sean Ty reports
GOLDMONEY INC. REPORTS FISCAL YEAR 2024 ANNUAL RESULTS AND PUBLISHES ANNUAL LETTER TO SHAREHOLDERS
Goldmoney Inc. has released financial results for the fiscal year ended March 31, 2024.
Financial highlights:
- Group tangible capital of $126-million, a decrease of 11 per cent year over year;
- Group tangible capital per share of $9.60, a decrease of 5.5 per cent year over year;
- Group tangible capital per share, excluding Mene, of $8.03, an increase of 4.4 per cent year over year;
- Adjusted net income of $16.7-million, an increase of 15 per cent year over year;
- Repurchased and cancelled total of 726,160 shares at an average purchase price of $8.46 in fiscal year 2024, with a further 212,600 shares cancelled in relation to the SchiffGold divestiture; in total, shares outstanding were reduced by 6.1 per cent year over year.
Annual shareholder letter
Read the full Goldmoney fiscal year 2024 shareholder letter on-line.
About Goldmoney Inc.
Goldmoney specializes in the investment and custody of enduring real assets. Through its subsidiaries, the company offers precious metal trading services to clients, including secure custody and storage solutions. Goldmoney also maintains diversified interests in property investment and jewelry manufacturing.
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