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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Secured Loans Receivable (Tables)

v3.22.1

Secured Loans Receivable (Tables)

9 Months Ended

Mar. 31, 2022

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of Receivables

Receivables consist of the following as of March 31, 2022 and June 30, 2021:


in thousands
	March 31, 2022		June 30, 2021
Customer trade receivables	$	22,539	$	12,197
Wholesale trade advances		24,156		26,959
Due from brokers		18,941		49,844
	$	65,636	$	89,000

Schedule of Classes for Financing Receivables

The Company's secured loans by portfolio class, which align with internal management reporting, are as follows:


in thousands
	March 31, 2022				June 30, 2021
Bullion	$	108,253	74.2	%	$	88,332	78.2	%
Numismatic and semi-numismatic		36,303	24.9	%		24,636	21.8	%
Graded sports memorabilia		1,282	0.9	%		—	0.0	%
	$	145,838	100.0	%	$	112,968	100.0	%

Schedule of Financing Receivable Credit Quality Indicators

Below is summary of aggregate outstanding secured loan balances bifurcated into (i) loans with a LTV ratio of less than 75% and (ii) loans with a LTV ratio of 75% or more:


in thousands
	March 31, 2022				June 30, 2021
Loan-to-value of less than 75%	$	105,072	72.0	%	$	96,602	85.5	%
Loan-to-value of 75% or more		40,766	28.0	%		16,366	14.5	%
	$	145,838	100.0	%	$	112,968	100.0	%

Financing Receivable

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of Receivables

Below is a summary of the carrying value of our secured loans as of March 31, 2022 and June 30, 2021:


in thousands
	March 31, 2022		June 30, 2021
Secured loans originated	$	43,884	$	36,080
Secured loans originated - with a related party		7,034		3,042
		50,918		39,122
Secured loans acquired		94,920		73,846
	$	145,838	$	112,968

- Definition

Schedule Of Class Of Financing Receivable [Table Text Block]

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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-Publisher FASB
-Name Accounting Standards Codification
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