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

Annual report pursuant to Section 13 and 15(d)

Customer and Supplier Concentrations

Customer and Supplier Concentrations

12 Months Ended

Jun. 30, 2021

Risks And Uncertainties [Abstract]

Customer and Supplier Concentrations

17. CUSTOMER AND SUPPLIER CONCENTRATIONS

Customer Concentration

Customers providing 10 percent or more of the Company's revenues for the year ended June 30, 2021 are presented on a comparative basis, with their corresponding balances for the year ended June 30, 2020 in the table below:

in thousands
	Years Ended
	June 30, 2021					June 30, 2020
	Amount		Percent			Amount		Percent
Total revenue	$	7,613,015		100.0	%	$	5,461,094		100.0	%
Customer concentrations
JMB⁽¹⁾		994,864		13.1	%		603,572		11.1	%
	$	994,864		13.1	%	$	603,572		11.1	%

(2)	Includes sales made to JMB from the beginning of the period through the Acquisition Date.

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

in thousands
	June 30, 2021					June 30, 2020
	Amount		Percent			Amount		Percent
Total accounts receivable	$	89,000		100.0	%	$	49,142		100.0	%
Customer concentrations
Customer A	$	15,588		17.5	%	$	—		0.0	%

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

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.