Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Revenues $ 2,742,345 $ 2,078,815 $ 5,457,441 $ 4,563,433
Cost of sales 2,697,578 2,032,774 5,369,231 4,467,987
Gross profit 44,767 46,041 88,210 95,446
Selling, general, and administrative expenses (25,754) (22,396) (52,371) (44,241)
Depreciation and amortization expense (4,639) (2,811) (9,348) (5,603)
Interest income 6,794 6,311 13,881 12,413
Interest expense (10,363) (10,168) (20,350) (19,991)
Earnings from equity method investments (2,410) 777 (1,832) 3,486
Other income, net 461 569 661 842
Unrealized (losses) gains on foreign exchange (840) 105 (662) 11
Net income before provision for income taxes 8,016 18,428 18,189 42,363
Income tax expense (2,042) (4,467) (3,797) (9,419)
Net income 5,974 13,961 14,392 32,944
Net (loss) income attributable to noncontrolling interests (584) 195 (1,150) 351
Net income attributable to the Company $ 6,558 $ 13,766 $ 15,542 $ 32,593
Basic and diluted net income per share attributable to A-Mark Precious Metals, Inc.:        
Basic $ 0.28 $ 0.6 $ 0.67 $ 1.4
Diluted $ 0.27 $ 0.57 $ 0.65 $ 1.34
Weighted average shares outstanding:        
Basic 23,158,300 23,079,500 23,093,400 23,222,100
Diluted 23,966,400 24,063,500 23,972,900 24,298,100