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)

3 Months Ended

Sep. 30, 2023

Risks and Uncertainties [Abstract]

Schedule of Concentration of Risk, by Risk Factor

Customer Concentrations

The following customers provided 10 percent or more of the Company's revenues (in thousands):


	Three Months Ended September 30,
	2023					2022
	Amount		Percent			Amount		Percent
Total revenue	$	2,484,618		100.0	%	$	1,900,351		100.0	%
Customer concentrations
Morgan Stanley(1)	$	259,161		10.4	%	$	208,992		11.0	%
HSBC Bank (1)	$	599,048		24.1	%	$	134,524		7.1	%

(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.

The following customer provided 10 percent or more of the Company's accounts receivable balances (in thousands):


	September 30, 2023					June 30, 2023
	Amount		Percent			Amount		Percent
Total accounts receivable	$	34,315		100.0	%	$	35,243		100.0	%
Customer concentrations
U.S. Mint	$	11,087		32.3	%	$	—		—	%

The following customers accounted for 10 percent or more of the Company's secured loans receivable (in thousands):


	September 30, 2023					June 30, 2023
	Amount		Percent			Amount		Percent
Total secured loans	$	99,167		100.0	%	$	100,620		100.0	%
Customer concentrations
Customer A	$	11,500		11.6	%	$	11,500		11.4	%
Customer B	$	13,500		13.6	%	$	13,500		13.4	%