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The latest update is out from GoldMoney ( (TSE:XAU) ).
Goldmoney Inc. reported its financial results for the third quarter of fiscal 2025, highlighting a 2.6% quarterly increase in group tangible capital, reaching $138.8 million. Despite this growth, the company’s adjusted net income declined by 11.2% to $3.9 million. Additionally, Goldmoney announced a restatement of its financial statements for the years ending March 31, 2024, and 2023, due to the reclassification of client cash and precious metals, which will now be included on the consolidated balance sheet. This restatement aims to provide more accurate financial reporting, impacting investor insights and company transparency.
More about GoldMoney
Goldmoney Inc. operates in the financial services industry, focusing on managing and safeguarding precious metals and currency for its clients. The company is known for providing innovative financial solutions and serves a diverse range of stakeholders with a market focus on precious metal investments.
YTD Price Performance: 15.89%
Average Trading Volume: 3,449
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $81.72M
See more insights into XAU stock on TipRanks’ Stock Analysis page.