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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]      
Revenues $ 9,699,039 $ 9,286,561 $ 8,159,254
Cost of sales 9,525,784 8,991,892 7,897,489
Gross profit 173,255 294,669 261,765
Selling, general, and administrative expenses (89,800) (85,282) (76,618)
Depreciation and amortization expense (11,397) (12,525) (27,300)
Interest income 27,168 22,231 21,800
Interest expense (39,531) (31,528) (21,992)
Earnings from equity method investments 4,044 12,576 6,907
Other income, net 2,071 2,663 1,953
Remeasurement gain on pre-existing equity interest 16,669 0 0
Unrealized gains (losses) on foreign exchange 299 366 (98)
Net income before provision for income taxes 82,778 203,170 166,417
Income tax expense (13,745) (46,401) (33,338)
Net income 69,033 156,769 133,079
Net income attributable to noncontrolling interests 487 409 543
Net income attributable to the Company $ 68,546 $ 156,360 $ 132,536
Basic and diluted net income per share attributable to A-Mark Precious Metals, Inc.:      
Basic $ 2.97 $ 6.68 $ 5.81
Diluted $ 2.84 $ 6.34 $ 5.45
Weighted average shares outstanding:      
Basic 23,091,700 23,400,300 22,805,600
Diluted 24,120,800 24,648,600 24,329,500

These figures exclude the impact of the JMB acquisition that closed on March 19, 2021.

Source