Gold.com (GOLD) investor relations material

Executive summary

• Achieved record Q3 2026 results with revenue rising 244% year-over-year to $10.35 billion, driven by unprecedented market volatility, strong demand for precious metals, higher gold and silver prices, and successful integration of recent acquisitions including Monex, SGI, Pinehurst, AMS, and Sunshine Minting.

• Net income attributable to shareholders was $59.5 million ($2.09 per diluted share), reversing a prior year loss, with robust operational execution and expanded production capabilities.

• Strategic partnership with Tether included a $150 million equity investment, $20 million purchase of gold-backed stablecoin, and storage, leasing, and trading agreements, enhancing digital and physical gold integration.

• Both wholesale and direct-to-consumer segments outperformed, with JMB and LPM in Asia achieving record profitability and strong customer engagement.

• Rebranding to Gold.com unified marketing and digital initiatives, with plans for a Gold.com credit card and wallet.

Financial highlights

• Q3 2026 revenue rose 244% year-over-year to $10.35 billion; gross profit increased 331% to $176.6 million; gross margin improved to 1.71% from 1.36%.

• Net income for Q3 was $59.5 million ($2.09 per diluted share), compared to a net loss of $8.5 million last year; EBITDA reached $103.4 million, up 7,939% year-over-year.

• Nine-month revenue reached $20.51 billion, up 142% year-over-year; net income up 903% to $70.2 million; diluted EPS up 814% to $2.65.

• Cash position at quarter end was $143.6 million, up from $77.7 million at fiscal 2025 year-end.

• Inventory turnover ratio increased to 4.7 from 2.4 quarter-over-quarter.

Outlook and guidance

• Management expects continued constructive market conditions, leveraging expanded brand portfolio, operational leverage, and nearly $1 billion in shareholder equity.

• Q4 anticipated to be the first full quarter benefiting from normalized contango and lower hedging costs.

• Sufficient liquidity is anticipated for working capital, capital expenditures, and investment needs over the next twelve months.