A-Mark Precious Metals Inc (OQ:AMRK)
Business Focus: Precious Metals & Minerals
| Sector: Basic Materials | Industry: Precious Metals & Minerals |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2121 Rosecrans Avenue, Suite 6300 EL SEGUNDO CA 90245 |
| Tel: | 1-310-5871410 |
| Website: | https://www.amark.com |
| IR: | See website |
| Key People | ||
| Thor G. Gjerdrum President | Gregory N. Roberts Chief Executive Officer, Director | Kathleen Simpson Taylor Chief Financial Officer, Executive Vice President, Controller, Assistant Secretary |
| Brian Aquilino Chief Operating Officer | Carol Elizabeth Meltzer Executive Vice President, General Counsel, Company Secretary, Director | Roy Friedman Senior Vice President - Trading, Global Precious Metals |
| Business Overview |
| A-Mark Precious Metals, Inc. is a fully integrated precious metals platform. The Company offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers. The company conducts its operations through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. The Company operates its Direct-to-Consumer segment through its wholly owned subsidiaries JM Bullion, Inc. (JMB) and Goldline, Inc. The Company operates its Secured Lending segment through its wholly owned subsidiary Collateral Finance Corporation, LLC (CFC). JM Bullion is an e-commerce retailer of precious metals and operates seven separately branded, Company-owned websites such as JMBullion.com, ProvidentMetals.com, Silver.com, GoldPrice.org, SilverPrice.org, BGASC.com, CyberMetals.com, and BullionMax.com. |
| Financial Overview |
| For the six months ended 31 December 2023, A-Mark Precious Metals Inc revenues increased 19% to $4.56B. Net income decreased 59% to $32.6M. Revenues reflect Wholesale Trading & Ancillary Services segment increase of 30% to $3.87B, Europe segment increase of 73% to $1.94B, United States segment increase of 1% to $2.34B. Net income was offset by Interest expense increase of 50% to $20M (expense), Selling. |
| Employees: | 429 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,689M as of Dec 31, 2023 |
| Annual revenue (TTM): | $10,000M as of Dec 31, 2023 |
| EBITDA (TTM): | $161.45M as of Dec 31, 2023 |
| Net annual income (TTM): | $110.35M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$131.98M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $815.57M as of Dec 31, 2023 |
| Shares outstanding: | 22,854,540 as of Feb 2, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.