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

Quarterly report pursuant to Section 13 or 15(d)

Description of Business (Tables)

Description of Business (Tables)

9 Months Ended

Mar. 31, 2024

Schedule of Business Acquisitions, Purchase Price and Fair values of Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price recorded and fair values of assets acquired and liabilities assumed through our acquisition of LPM as of the Acquisition Date (in thousands):


Cash	$	37,921
Contingent consideration		2,800
Common stock		3,514
Total purchase price	$	44,235

Cash	$	5,033
Receivables, net		4,411
Inventories		16,807
Other current assets		359
Property, plant, and equipment, net		1,306
Trade names		3,500
Existing customer relationships		6,800
Other long-term assets		944
Total identifiable assets acquired		39,160
Accounts payable and other payables		(458	)
Deferred revenue and other advances		(11,561	)
Accrued liabilities		(2,275	)
Other liabilities		(644	)
Net identifiable assets acquired		24,222
Goodwill		20,013
Total purchase price	$	44,235

Summary of Pro forma Consolidated Results of Operations

The following unaudited pro forma consolidated results of operations for the three and nine months ended March 31, 2024 and 2023 assumes that the acquisition of LPM occurred as of July 1, 2022 (in thousands):


	Three Months Ended March 31,				Nine Months Ended March 31,
	2024		2023		2024		2023
Revenues	$	2,627,425	$	2,395,531	$	7,266,569	$	6,484,987
Net income	$	6,901	$	36,967	$	39,028	$	115,427