Annual report [Section 13 and 15(d), not S-K Item 405]

Customer and Supplier Concentrations (Tables)

v3.25.2
Customer and Supplier Concentrations (Tables)
12 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor

Customer Concentrations

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

 

 

 

 

Year Ended June 30,

 

 

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Total revenue

 

 

$

10,978,614

 

 

 

100.0

%

 

$

9,699,039

 

 

 

100.0

%

 

$

9,286,561

 

 

 

100.0

%

 

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HSBC Bank (1)

 

 

$

2,043,128

 

 

 

18.6

%

 

$

2,114,253

 

 

 

21.8

%

 

$

1,191,436

 

 

 

12.8

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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 & Ancillary Services segment.

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

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total accounts receivable

 

$

137,723

 

 

 

100.0

%

 

$

36,596

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

Deutsche Bank AG

 

$

27,700

 

 

 

20.1

%

 

$

 

 

 

%