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 (Tables)

Customer and Supplier Concentrations (Tables)

9 Months Ended

Mar. 31, 2023

Schedule of Concentration of Risk, by Risk Factor

Customer Concentration

The following customer provided 10 percent or more of the Company's revenues for the three months ended March 31, 2023 and 2022:


in thousands
	Three Months Ended March 31,										Nine Months Ended March 31,
	2023					2022					2023					2022
	Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent
Total revenue	$	2,317,150		100.0	%	$	2,109,115		100.0	%	$	6,167,206		100.0	%	$	6,069,450		100.0	%
Customer concentrations
HSBC Bank (1)		328,465		14.2	%		130,855		6.2	%		751,828		12.2	%		343,090		5.7	%

(1) Sales with this trading partner include sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product. This sales activity has been reported within the Wholesale Sales and Ancillary Services segment.

No single customer provided 10 percent or more of the Company's accounts receivable balances as of March 31, 2023.

The following customers accounted for 10 percent or more of the Company's secured loans receivable as of March 31, 2023:


in thousands
	March 31, 2023					June 30, 2022
	Amount		Percent			Amount		Percent
Total secured loans	$	96,856		100.0	%	$	126,217		100.0	%
Customer concentrations
Customer A	$	11,500		11.9	%	$	—		0.0	%
Customer B		13,500		13.9	%		13,500		10.7	%