Goldmoney Inc. Reveals Mixed 2024 Financials
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Goldmoney Inc. Reveals Mixed 2024 Financials

GoldMoney (TSE:XAU) has released an update.

Goldmoney Inc. has reported a mix of gains and declines in its fiscal year 2024, with an overall decrease of 11% in Group Tangible Capital to $126 million, yet an uptick in Adjusted Net Income by 15% to $16.7 million. Shareholders saw a tangible capital per share drop to $9.60, but when excluding MENE, a segment of the business, there was a 4.4% rise to $8.03 per share. The company also actively repurchased and cancelled over 938,000 shares, reducing shares outstanding by 6.1% from the previous year.

For further insights into TSE:XAU stock, check out TipRanks’ Stock Analysis page.

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