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Sep 30, 2024
A-Mark Precious Metals Q1 2025 Earnings Report
A-Mark Precious Metals reported first quarter 2025 results, with diluted earnings per share of $0.37.
Key Takeaways
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.
Revenues increased 9% to $2.72 billion compared to the same quarter last year.
Diluted earnings per share totaled $0.37, a 52% decrease compared to the same quarter last year.
Gross profit decreased 12% to $43.4 million from $49.4 million in the same year-ago quarter.
The company reaffirmed its regular quarterly cash dividend of $0.20 per share.
Revenue by Segment
Forward Guidance
A-Mark is focused on long-term success by extending their credit facility, expanding logistics capabilities, and advancing their reach in Asia.
Positive Outlook
- Extended $422.5 million Trading Credit Facility to September 2026, providing stable, long-term access to capital.
- Made significant progress on A-Mark Global Logistics (AMGL) facility expansion and logistics automation initiatives, expected to increase operational capacity and produce efficiencies and long term cost savings.
- Advancing reach in Asia and have made substantial progress towards establishing a trading office and DTC presence in Singapore and broadening reach into the surrounding region.
- Silver Towne Mint acquired all of the assets of Regency Mint Manufacturing, LLC, including its minting equipment and its customer list, further enhancing minting capacity and expanding customer base.
- Integrated business model will allow the company to sustain profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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