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)

v3.24.3

Secured Loans Receivable (Tables)

3 Months Ended

Sep. 30, 2024

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

Schedule of Receivables, net

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


	September 30, 2024		June 30, 2024
Customer trade receivables	$	29,680	$	12,373
Wholesale trade advances		18,644		11,033
Due from brokers and other		23,507		13,190
	$	71,831	$	36,596

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):


	September 30, 2024				June 30, 2024
Bullion	$	45,481	44.6	%	$	64,764	57.3	%
Numismatic and semi-numismatic		48,127	47.2	%		42,588	37.7	%
Graded sports cards		8,279	8.2	%		5,715	5.0	%
	$	101,887	100.0	%	$	113,067	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):


	September 30, 2024				June 30, 2024
Loan-to-value of less than 75%	$	96,157	94.4	%	$	101,197	89.5	%
Loan-to-value of 75% or more		5,730	5.6	%		11,870	10.5	%
	$	101,887	100.0	%	$	113,067	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):


	September 30, 2024		June 30, 2024
Secured loans originated	$	81,076	$	96,573
Secured loans originated - with a related party		4,832		15
		85,908		96,588
Secured loans acquired		15,979		16,479
	$	101,887	$	113,067

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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.

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