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

Annual report pursuant to Section 13 and 15(d)

Customer and Supplier Concentration

Customer and Supplier Concentration

12 Months Ended

Jun. 30, 2015

Risks and Uncertainties [Abstract]

Customer and Supplier Concentration

CUSTOMER AND SUPPLIER CONCENTRATION

Customer Concentration

Customers providing 10 percent or more of the Company's revenues for the years ended June 30, 2015 and 2014 are listed below:



in thousands
Years Ended June 30,	2015				2014
	Amount		Percent		Amount		Percent
Total revenue	$	6,070,234	100.0	%	$	5,979,354	100.0	%
Customer concentrations
HSBC Bank USA	$	1,877,943	30.9	%	$	1,547,631	25.9	%
Total	$	1,877,943	30.9	%	$	1,547,631	25.9	%

Customers providing 10 percent or more of the Company's accounts receivable, excluding $49.3 million and $41.3 million of secured loans and $11.4 million and $22.2 million of derivative assets, as of June 30, 2015 and June 30, 2014, respectively, are listed below:



in thousands
June 30,	2015				2014

	Amount		Percent		Amount		Percent
Total accounts receivable, net (excluding secured loans and derivative assets)	$	30,055	100.0	%	$	39,409	100.0	%
Customer concentrations
United States Mint	$	9,781	32.5	%	$	—	—	%
Total	$	9,781	32.5	%	$	—	—	%

No single customer provided 10 percent or more of the Company's secured loans as of June 30, 2015




June 30,	2015				2014

	Amount		Percent		Amount		Percent
Total secured loans	$	49,316	100.0	%	$	41,261	100.0	%
Customer concentrations
Customer A	4,900		9.9		4,200		10.2
Total	$	4,900	9.9	%	$	4,200	10.2	%

The loss of any of the above customers could have a material adverse effect on the operations of the Company.

Supplier Concentration

A-Mark buys precious metals from a variety of sources, including through brokers and dealers, from sovereign and private mints, from refiners and directly from customers. The Company believes that no one or small group of suppliers is critical to its business, since other sources of supply are available that provide similar products on comparable terms.