Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Income

v3.25.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]        
Revenues $ 3,009,125 $ 2,610,651 $ 8,466,566 $ 7,174,084
Cost of sales 2,968,108 2,575,813 8,337,339 7,043,800
Gross profit 41,017 34,838 129,227 130,284
Selling, general, and administrative expenses (33,404) (22,854) (85,775) (67,095)
Depreciation and amortization expense (4,996) (2,949) (14,344) (8,552)
Interest income 6,722 6,682 20,603 19,095
Interest expense (12,951) (9,907) (33,301) (29,898)
Earnings (losses) from equity method investments (222) (206) (2,054) 3,280
Other income, net 1,171 763 1,832 1,605
Remeasurement loss on pre-existing equity interest (7,043) 0 (7,043) 0
Unrealized (losses) gains on foreign exchange (233) 73 (895) 84
Net (loss) income before provision before income taxes (9,939) 6,440 8,250 48,803
Income tax benefit (expense) 1,231 (1,286) (2,566) (10,705)
Net (loss) income (8,708) 5,154 5,684 38,098
Net (loss) income attributable to noncontrolling interests (162) 141 (1,312) 492
Net (loss) income attributable to the Company $ (8,546) $ 5,013 $ 6,996 $ 37,606
Basic and diluted net (loss) income per share attributable to A-Mark Precious Metals, Inc.:        
Basic $ (0.36) $ 0.22 $ 0.3 $ 1.63
Diluted $ (0.36) $ 0.21 $ 0.29 $ 1.56
Weighted average shares outstanding:        
Basic 23,646,100 22,847,200 23,275,000 23,098,000
Diluted 23,646,100 23,822,800 24,118,100 24,140,500