A-Mark Precious Metals Earnings Reports

A-Mark Precious Metals experienced a challenging fiscal third quarter of 2025, reporting a net loss of $8.5 million compared to a net income in the prior year. This was primarily attributed to volatile market conditions, including concerns around tariffs, which led to trading losses and higher interest expenses, as well as one-time acquisition-related costs and a remeasurement loss. Despite these headwinds, the company saw an increase in revenue and gross profit, driven partly by strategic acquisitions that expanded its market position and reach into higher-margin segments.

A-Mark Precious Metals reported a decrease in net income and diluted EPS for the fiscal second quarter of 2025 compared to the prior year, despite an increase in revenues. The company's gross profit also saw a slight decrease. Strategic initiatives, including facility expansion and a definitive agreement to acquire Spectrum Group International, are underway.

A-Mark Precious Metals reported a 9% increase in revenue to $2.72 billion compared to the same quarter last year, but net income attributable to the company decreased by 52% to $9.0 million. Diluted earnings per share were $0.37, a 52% decrease year-over-year. The company's Board of Directors reaffirmed its quarterly cash dividend policy of $0.20 per share.

A-Mark Precious Metals reported a decrease in revenues for the fiscal fourth quarter of 2024, with a corresponding decrease in gross profit compared to the same quarter last year. Net income attributable to the company also decreased, although diluted earnings per share increased compared to the previous quarter. The company's full-year revenue increased, but gross profit and net income decreased compared to the prior fiscal year.

A-Mark Precious Metals reported a decrease in net income and earnings per share for the fiscal third quarter 2024, despite an increase in revenues. The company faced softened demand, premium compression, and elevated gold and silver prices, which impacted profitability. They also expanded into Asia with the acquisition of LPM Group Limited.

A-Mark Precious Metals reported a 7% increase in revenues to $2.079 billion compared to the same quarter last year. Diluted earnings per share totaled $0.57, a 58% decrease year-over-year. Net income attributable to the Company decreased 59% to $13.8 million. The company reaffirmed its regular quarterly cash dividend policy of $0.20 per share.

A-Mark Precious Metals reported a 31% increase in revenues to $2.48 billion for the fiscal first quarter ended September 30, 2023. Diluted earnings per share totaled $0.77, and the company repurchased 171,268 shares for $5.0 million. The company reaffirmed its quarterly cash dividend policy of $0.20 per share.

A-Mark Precious Metals reported a 51% increase in revenue to $3.16 billion and a 12% increase in net income to $41.8 million for the fiscal fourth quarter ended June 30, 2023. Diluted earnings per share increased by 12% to $1.71. The company's Direct-to-Consumer segment and strategic acquisitions contributed to the strong performance.

A-Mark Precious Metals reported a 10% increase in revenue to $2.317 billion and a 5% increase in gross profit to $75.5 million for the fiscal third quarter ended March 31, 2023. Diluted earnings per share decreased slightly to $1.46, and the company repurchased 335,735 common shares for $9.8 million.

A-Mark Precious Metals reported a 0.2% increase in revenues to $1.950 billion and a 5% increase in net income to $33.5 million, with diluted earnings per share of $1.35. The company's diversified business model and strategic investments, including the acquisition of BGASC and minority interests in Texas Precious Metals and Atkinsons Bullion & Coins, contributed to the positive results.

A-Mark Precious Metals reported a decrease in revenue but an increase in gross profit and diluted earnings per share for the fiscal first quarter ended September 30, 2022. Revenues decreased 6% to $1.90 billion, while gross profit increased 37% to $76.6 million. Diluted earnings per share increased 69% to $1.83.