Trade A-Mark Precious Metals, Inc. - AMRK CFD

A-Mark Precious Metals, Inc. Company profile

About A-Mark Precious Metals Inc

A-Mark Precious Metals, Inc. is a fully integrated precious metals platform. The Company operates through three segments: Wholesale Sales & Ancillary Services, Secured Lending and Direct-to-Consumer. The Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. The products sold within this segment include gold, silver, platinum, and palladium mainly in the form of coins, rounds, bars, wafers and grain. The Company operates Secured Lending segment through its wholly owned subsidiary, Collateral Finance Corporation (CFC). Direct to customer segment operate through its wholly owned subsidiaries JM Bullion, Inc. (JMB), Goldline, Inc. (Goldline) and others.

Financial summary

BRIEF: For the six months ended 31 December 2021, A-Mark Precious Metals Inc revenues increased 17% to $3.96B. Net income increased 81% to $57.8M. Revenues reflect Direct Sales segment increase from $93.7M to $1.05B, Europe segment increase from $246.9M to $1.05B, Northern America, excluding U.S. segment increase of 6% to $508.3M. Net income benefited from Interest Income increase of 27% to $10.8M (income).

Equity composition

Common Stock, $0.01 Par, 07/14, auth. 40M shares,. 7,402,664 issd,. Insiders owns approx. 40% (3,112,259 shs).