Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
Current assets:    
Cash [1] $ 101,405 $ 52,325
Receivables, net [1] 89,000 49,142
Derivative assets [1] 44,536 46,325
Secured loans receivable [1] 112,968 63,710
Precious metals held under financing arrangements [1] 154,742 178,577
Inventories:    
Inventories [1] 256,991 246,603
Restricted inventories 201,028 74,678
Restricted and non-restricted inventory, net 458,019 321,281
Prepaid expenses and other assets [1] 3,557 2,659
Total current assets 964,227 714,019
Operating lease right of use assets 5,702 4,223
Property, plant, and equipment, net 8,609 5,675
Goodwill 100,943 8,881
Intangibles, net 93,633 4,974
Long-term investments 18,467 16,763
Other long-term assets   3,500
Total assets 1,191,581 758,035
Current liabilities:    
Lines of credit 185,000 135,000
Liabilities on borrowed metals 91,866 168,206
Product financing arrangements 201,028 74,678
Accounts payable and other current liabilities 200,351 140,930
Derivative liabilities [1] 7,539 25,414
Accrued liabilities [1] 18,785 10,397
Income tax payable 5,016 2,135
Total current liabilities 709,585 556,760
Notes payable [1] 93,249 92,517
Deferred tax liabilities 19,514 62
Other liabilities 5,291 3,802
Total liabilities 827,639 653,141
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of June 30, 2021 and June 30, 2020
Common stock, par value $0.01; 40,000,000 shares authorized; 11,229,657 and 7,031,500 shares issued and outstanding as of June 30, 2021 and June 30, 2020, respectively 113 71
Additional paid-in capital 150,420 27,289
Retained earnings 212,090 73,644
Total A-Mark Precious Metals, Inc. stockholders’ equity 362,623 101,004
Noncontrolling interests 1,319 3,890
Total stockholders’ equity 363,942 104,894
Total liabilities, noncontrolling interests and stockholders’ equity $ 1,191,581 $ 758,035
[1]

Includes amounts of the consolidated variable interest entity, which is presented separately in the table below.