Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash $ 46,924 $ 48,636
Receivables, net 71,831 36,596
Derivative assets 108,721 114,720
Secured loans receivable 101,887 113,067
Precious metals held under financing arrangements 27,354 22,066
Inventories:    
Inventories 735,555 579,400
Restricted inventories 541,744 517,744
Restricted and non-restricted inventory, net 1,277,299 1,097,144
Income tax receivable 2,338 1,562
Prepaid expenses and other assets 9,188 8,412
Total current assets 1,645,542 1,442,203
Operating lease right of use assets 8,990 9,543
Property, plant, and equipment, net 20,008 20,263
Goodwill 199,937 199,937
Intangibles, net 97,807 101,663
Long-term investments 51,005 50,458
Other long-term assets 5,728 3,753
Total assets 2,029,017 1,827,820
Current liabilities:    
Liabilities on borrowed metals 39,487 31,993
Product financing arrangements 541,744 517,744
Accounts payable and other payables 10,712 18,831
Deferred revenue and other advances 327,556 263,286
Derivative liabilities 46,045 26,751
Accrued liabilities 17,378 16,798
Notes payable 6,694 8,367
Total current liabilities 989,616 883,770
Lines of credit 337,000 245,000
Notes payable 3,994 3,994
Deferred tax liabilities 22,293 22,187
Other liabilities 11,397 11,013
Total liabilities 1,364,300 1,165,964
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of September 30, 2024 or June 30, 2024
Common stock, par value $0.01; 40,000,000 shares authorized; 24,196,095 and 23,965,427 shares issued and 23,184,059 and 22,953,391 shares outstanding as of September 30, 2024 and June 30, 2024, respectively 242 240
Treasury stock, 1,012,036 and 1,012,036 shares at cost as of September 30, 2024 and June 30, 2024, respectively (28,277) (28,277)
Additional paid-in capital 172,372 168,771
Accumulated other comprehensive income 167 61
Retained earnings 466,556 466,838
Total A-Mark Precious Metals, Inc. stockholders' equity 611,060 607,633
Noncontrolling interests 53,657 54,223
Total stockholders’ equity 664,717 661,856
Total liabilities and stockholders' equity $ 2,029,017 $ 1,827,820