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)

v3.24.1.u1

Secured Loans Receivable (Tables)

9 Months Ended

Mar. 31, 2024

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

Schedule of Receivables, net

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


	March 31, 2024		June 30, 2023
Customer trade receivables	$	20,606	$	5,031
Wholesale trade advances		14,692		13,679
Due from brokers and other		17,931		16,533
	$	53,229	$	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):


	March 31, 2024				June 30, 2023
Bullion	$	59,710	51.6	%	$	52,165	51.8	%
Numismatic and semi-numismatic		51,923	44.9	%		47,856	47.6	%
Graded sports cards and sports memorabilia		4,012	3.5	%		599	0.6	%
	$	115,645	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):


	March 31, 2024				June 30, 2023
Loan-to-value of less than 75%	$	107,023	92.5	%	$	90,378	89.8	%
Loan-to-value of 75% or more		8,622	7.5	%		10,242	10.2	%
	$	115,645	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):


	March 31, 2024		June 30, 2023
Secured loans originated	$	92,048	$	68,630
Secured loans originated - with a related party		5,024		—
		97,072		68,630
Secured loans acquired		18,573		31,990
	$	115,645	$	100,620

- Definition

Schedule Of Class Of Financing Receivable [Table Text Block]

+ References

No definition available.

+ Details

Name:	amrk_ScheduleOfClassOfFinancingReceivableTableTextBlock
Namespace Prefix:	amrk_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

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
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-29

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

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
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Details

Name:	us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_FinanceReceivablesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: