Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Jun. 30, 2023
Current assets:    
Cash [1] $ 48,636 $ 39,318
Receivables, net 36,596 35,243
Derivative assets 114,720 77,881
Secured loans receivable [1] 113,067 100,620
Precious metals held under financing arrangements [1] 22,066 25,530
Inventories:    
Inventories [1] 579,400 645,812
Restricted inventories 517,744 335,831
Restricted and non-restricted inventory, net 1,097,144 981,643
Income tax receivable 1,562 0
Prepaid expenses and other assets [1] 8,412 6,956
Total current assets 1,442,203 1,267,191
Operating lease right of use assets 9,543 5,119
Property, plant, and equipment, net 20,263 12,513
Goodwill 199,937 100,943
Intangibles, net 101,663 62,630
Long-term investments 50,458 88,535
Other long-term assets 3,753 8,640
Total assets 1,827,820 1,545,571
Current liabilities:    
Lines of credit 0 235,000
Liabilities on borrowed metals 31,993 21,642
Product financing arrangements 517,744 335,831
Accounts payable and other payables 18,831 25,465
Deferred revenue and other advances 263,286 181,363
Derivative liabilities 26,751 8,076
Accrued liabilities [1] 16,798 20,418
Income tax payable 0 958
Notes payable [1] 8,367 95,308
Total current liabilities 883,770 924,061
Lines of credit 245,000 0
Notes payable 3,994 0
Deferred tax liabilities 22,187 16,677
Other liabilities 11,013 4,440
Total liabilities 1,165,964 945,178
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of June 30, 2024 or June 30, 2023
Common stock, par value $0.01; 40,000,000 shares authorized; 23,965,427 and 23,672,122 shares issued and 22,953,391 and 23,336,387 shares outstanding as of June 30, 2024 and June 30, 2023, respectively 240 237
Treasury stock, 1,012,036 and 335,735 shares at cost as of June 30, 2024 and June 30, 2023, respectively (28,277) (9,762)
Additional paid-in capital 168,771 169,034
Accumulated other comprehensive income (loss) 61 (1,025)
Retained earnings 466,838 440,639
Total A-Mark Precious Metals, Inc. stockholders' equity 607,633 599,123
Noncontrolling interests 54,223 1,270
Total stockholders’ equity 661,856 600,393
Total liabilities and stockholders' equity $ 1,827,820 $ 1,545,571
[1] Includes amounts of the consolidated variable interest entity as of June 30, 2023, which are presented separately in the table below.