Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentrations (Tables)

v3.25.0.1
Customer and Supplier Concentrations (Tables)
6 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor

Customer Concentrations

The following customer provided 10 percent or more of the Company's revenues (in thousands):

 

 

 

Three Months Ended December 31,

 

 

Six Months Ended December 31,

 

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Total revenue

 

$

2,742,345

 

 

 

100.0

%

 

$

2,078,815

 

 

 

100.0

%

 

$

5,457,441

 

 

 

100.0

%

 

$

4,563,433

 

 

 

100.0

%

 

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HSBC Bank (1)

 

$

422,659

 

 

 

15.4

%

 

$

457,363

 

 

 

22.0

%

 

$

1,001,442

 

 

 

18.4

%

 

$

1,056,411

 

 

 

23.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Sales with this trading partner include sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product. This sales activity has been reported within the Wholesale Sales & Ancillary Services segment.

No single customer provided 10 percent or more of the Company's accounts receivable balances as of December 31, 2024.

The following customer accounted for 10 percent or more of the Company's secured loans receivable (in thousands):

 

 

 

December 31, 2024

 

 

June 30, 2024

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total secured loans receivable

 

$

98,461

 

 

 

100.0

%

 

$

113,067

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

$

13,500

 

 

 

13.7

%

 

$

13,500

 

 

 

11.9

%