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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Secured Loans Receivable (Tables)

v3.24.0.1

Secured Loans Receivable (Tables)

6 Months Ended

Dec. 31, 2023

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of Receivables, net

Receivables, net consisted of the following (in thousands):


	December 31, 2023		June 30, 2023
Customer trade receivables	$	21,286	$	5,031
Wholesale trade advances		7,291		13,679
Due from brokers and other		14,143		16,533
	$	42,720	$	35,243

Schedule of Classes for Financing Receivables

The Company's secured loans by portfolio class, which align with internal management reporting, were as follows (in thousands):


	December 31, 2023				June 30, 2023
Bullion	$	49,745	46.7	%	$	52,165	51.8	%
Numismatic and semi-numismatic		53,732	50.4	%		47,856	47.6	%
Graded sports cards and sports memorabilia		3,088	2.9	%		599	0.6	%
	$	106,565	100.0	%	$	100,620	100.0	%

Schedule of Financing Receivable Credit Quality Indicators

Below is summary of aggregate outstanding secured loan balances bifurcated into (i) loans with an LTV ratio of less than 75% and (ii) loans with an LTV ratio of 75% or more (in thousands):


	December 31, 2023				June 30, 2023
Loan-to-value of less than 75%	$	99,377	93.3	%	$	90,378	89.8	%
Loan-to-value of 75% or more		7,188	6.7	%		10,242	10.2	%
	$	106,565	100.0	%	$	100,620	100.0	%

Financing Receivable

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of Receivables, net

Below is a summary of the carrying value of our secured loans (in thousands):


	December 31, 2023		June 30, 2023
Secured loans originated	$	85,055	$	68,630
Secured loans acquired		21,510		31,990
	$	106,565	$	100,620

- Definition

Schedule Of Class Of Financing Receivable [Table Text Block]

+ References

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-5

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-Publisher FASB
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-Publisher FASB
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