11:47 AM EST, 02/14/2025 (MT Newswires) -- GoldMoney ( XAUMF ) , which trades in precious metals, on Friday reported a lower adjusted profit for its fiscal third quarter.
Adjusted profit, excluding most one-time items, dropped to $3.9 million, or $0.29 per share, from $6 million, or $0.45, last year.
The company also restated its financial statements for the years ended March 31, 2023 and 2024. The restatement recognizes and presents client cash within Goldmoney.com on the company's balance sheet with a corresponding liability, GoldMoney ( XAUMF ) said. This had been presented in prior years as a line item separate from GoldMoney's ( XAUMF ) cash and cash equivalents, a statement added.
GoldMoney's ( XAUMF ) shares were last seen down $0.10 to $8.69 on the Toronto Stock Exchange.
Price: 8.50, Change: -0.29, Percent Change: -3.30