A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentrations

Customer and Supplier Concentrations

9 Months Ended

Mar. 31, 2021

17.	CUSTOMER AND SUPPLIER CONCENTRATIONS

Customer Concentration

Customers providing 10 percent or more of the Company's revenues for the three or nine months ended March 31, 2021 are presented on a comparative basis, with their corresponding balances for the three and nine months ended March 31, 2021 and 2020 in the table below:

in thousands
	Three Months Ended										Nine Months Ended
	March 31, 2021					March 31, 2020					March 31, 2021					March 31, 2020
	Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent
Total revenue	$	2,049,489		100.0	%	$	1,258,722		100.0	%	$	5,434,349		100.0	%	$	3,795,326		100.0	%
Customer concentrations
Customer A		389,927		19.0	%		192,497		15.3	%		994,864		18.3	%		350,232		9.2	%
	$	389,927		19.0	%	$	192,497		15.3	%	$	994,864		18.3	%	$	350,232		9.2	%

Customers providing 10 percent or more of the Company's accounts receivable as of March 31, 2021 and June 30, 2020 are presented on a comparative basis in the table below.

in thousands
	March 31, 2021					June 30, 2020
	Amount		Percent			Amount		Percent
Total accounts receivable	$	64,713		100.0	%	$	49,142		100.0	%
Customer concentrations
Customer B	$	24,746		38.3	%	$	—		0.0	%

No single customer provided 10 percent or more of the Company's secured loan receivable balances as of March 31, 2021 and June 30, 2020.

Supplier Concentration

The Company buys precious metals from a variety of sources, including through brokers and dealers, from sovereign and private mints, from refiners and directly from customers. The Company believes that no one or small group of suppliers is critical to its business, since other sources of supply are available that provide similar products on comparable terms.