World Gold Trust GLDM

Financials SIC 6221 - Commodity Contracts Brokers & Dealers NAICS Finance and Insurance › Securities, Commodity Contracts, and Other Financial Investments and Related Activities › Securities and Commodity Contracts Intermediation and Brokerage › Commodity Contracts Intermediation derived NYSE

The World Gold Trust (the "Trust") was formed as a Delaware statutory trust on August 27, 2014. The Trust consists of multiple series (each, a "Fund" and collectively, the "Funds"). Each Fund issues common units of beneficial interest that represent units of fractional undivided beneficial interest in and ownership of such Fund. The term of the Trust and each Fund is perpetual (unless terminated earlier in certain circumstances). The Trust was organized in separate series as a Delaware statutory trust rather than as separate statutory trusts to achieve certain administrative and other efficiencies. The Trust is sponsored by WGC USA Asset Management Company, LLC ("WGCAM" or the "Sponsor").

The Trust has one operational Fund, SPDR® Gold MiniShares® Trust ("GLDM"), as of September 30, 2025. The accompanying financial statements relate to the Trust and GLDM.

Last close 79.13 2026-10-23
Market cap $27.23B 2026-06-30 share count
52-week range 77.50 - 109.74

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total operating expenses $13.1M$7.0M$5.7M$6.2M$7.5M$3.5M$1.2M$145.0K$77.0K—
Net income $5.31B$2.42B$546.3M-$295.4M-$345.9M$443.2M$139.0M-$7.5M-$337.0K—
EPS, basic 25.0615.193.56-2.23-3.01———-1.80—
Shares, diluted (wtd. avg.) 211.9M159.5M153.4M132.5M114.8M———187,000—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $0$0$0$0$0$0$0$0$0$0
Total assets $20.86B$9.16B$5.78B$4.69B$4.39B$3.56B$1.05B$255.4M$14.4M—
Total liabilities $1.6M$52.9M$15.4M$53.2M$666.0K$517.0K$148.0K$30.0K$54.0K—

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $0$0$0$0$0$0$0$0$0—
Financing cash flow ————$0$0$0$0$0—
Dividends paid ————$0$0$33.5M$0——
Buybacks ————$0$0$0$0$1.0K—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-25-036313.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B Net income, FY2017: -337K Net income, FY2018: -7.5M Net income, FY2019: 139M Net income, FY2020: 443.2M Net income, FY2021: -345.9M Net income, FY2022: -295.4M Net income, FY2023: 546.3M Net income, FY2024: 2.4B Net income, FY2025: 5.3B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — — — — —
Gross profit — — — — — — — — — —
Net income — -$337.0K -$7.5M $139.0M $443.2M -$345.9M -$295.4M $546.3M $2.42B $5.31B

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Annual report filed Form 10-K
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Annual report filed Form 10-K
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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