A Mark Precious Metals Inc - Understand $AMRK stock

$AMRK Market Cap: $1.004 Billion

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Financial Snapshot

Revenue

$9.699B

TTM

Gross Margin

1.81%

TTM

Net Earnings

$66.25M

TTM

Current Assets

$1.442B

Q2 2024

Current Liabilities

$883.8M

Q2 2024

Current Ratio

163.19%

Q2 2024

Total Assets

$1.827B

Q2 2024

Total Liabilities

$1.221B

Q2 2024

Book Value

$605.3M

Q2 2024

Cash

P/E

15.16

Sep 06, 2024 EST

Free Cash Flow

$47.58M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$9.699B	$9.322B	$8.159B	$7.613B	$5.461B	$4.783B	$7.606B	$6.990B	$6.784B	$6.070B	$5.979B	$7.248B	$7.782B	$6.989B
YoY Change	4.04%	14.26%	7.18%	39.4%	14.17%	-37.12%	8.82%	3.03%	11.76%	1.52%	-17.5%	-6.87%	11.35%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$9.699B	$9.322B	$8.159B	$7.613B	$5.461B	$4.783B	$7.606B	$6.990B	$6.784B	$6.070B	$5.979B	$7.248B	$7.782B	$6.989B
Cost Of Revenue	$9.526B	$9.028B	$7.897B	$7.403B	$5.394B	$4.751B	$7.577B	$6.958B	$6.750B	$6.046B	$5.952B	$7.217B	$7.756B	$6.959B
Gross Profit	$173.3M	$294.7M	$261.8M	$210.2M	$66.97M	$31.96M	$29.44M	$31.33M	$34.52M	$24.50M	$27.44M	$30.35M	$26.44M	$29.80M
Gross Profit Margin	1.79%	3.16%	3.21%	2.76%	1.23%	0.67%	0.39%	0.45%	0.51%	0.4%	0.46%	0.42%	0.34%	0.43%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$89.80M	$85.28M	$76.62M	$58.81M	$36.80M	$32.50M	$33.40M	$23.34M	$22.23M	$17.13M	$15.57M	$14.12M	$15.56M	$13.50M
YoY Change	5.3%	11.31%	30.28%	59.81%	13.22%	-2.68%	43.08%	4.99%	29.78%	10.03%	10.27%	-9.27%	15.28%
% of Gross Profit	51.83%	28.94%	29.27%	27.98%	54.95%	101.7%	113.43%	74.5%	64.4%	69.93%	56.74%	46.53%	58.86%	45.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.40M	$12.53M	$27.30M	$10.79M	$2.900M	$2.807M	$2.626M	$1.521M	$1.216M	$895.0K	$934.0K	$826.0K	$727.0K	$680.0K
YoY Change	-9.01%	-54.12%	153.06%	272.0%	3.31%	6.89%	72.65%	25.08%	35.87%	-4.18%	13.08%	13.62%	6.91%
% of Gross Profit	6.58%	4.25%	10.43%	5.13%	4.33%	8.78%	8.92%	4.85%	3.52%	3.65%	3.4%	2.72%	2.75%	2.28%
Operating Expenses	$99.13M	$95.14M	$102.0M	$57.73M	$31.50M	$32.50M	$33.40M	$23.34M	$22.23M	$17.13M	$15.57M	$14.12M	$15.56M	$13.40M
YoY Change	4.19%	-6.69%	76.62%	83.27%	-3.08%	-2.68%	43.08%	4.99%	29.78%	10.03%	10.27%	-9.27%	16.14%
Operating Profit	$74.13M	$199.5M	$159.8M	$152.5M	$35.47M	-$544.0K	-$3.955M	$7.991M	$12.29M	$7.367M	$11.87M	$16.23M	$10.88M	$16.40M
YoY Change	-62.85%	24.86%	4.81%	329.81%	-6620.77%	-86.25%	-149.49%	-34.97%	66.8%	-37.94%	-26.84%	49.19%	-33.68%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$6.349M	$3.645M	$6.617M	$19.87M	$18.86M	$17.15M	$13.89M	$10.12M	$6.319M	$4.311M	$3.926M	$3.484M	$4.248M	$5.400M
YoY Change	74.18%	-44.91%	-66.69%	5.33%	9.99%	23.43%	37.3%	60.1%	46.58%	9.81%	12.69%	-17.98%	-21.33%
% of Operating Profit	8.56%	1.83%	4.14%	13.03%	53.16%			126.6%	51.42%	58.52%	33.07%	21.47%	39.05%	32.93%
Other Income/Expense, Net		$2.663M	$1.953M	$1.079M	$348.0K	$1.697M	$954.0K	$298.0K	$701.0K
YoY Change		36.35%	81.0%	210.06%	-79.49%	77.88%	220.13%	-57.49%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$80.48M	$203.2M	$166.4M	$192.8M	$37.88M	$3.277M	-$3.411M	$10.79M	$15.56M	$9.148M	$13.53M	$20.57M	$18.92M	$21.70M
YoY Change	-60.39%	22.08%	-13.68%	409.01%	1055.87%	-196.07%	-131.63%	-30.71%	70.14%	-32.39%	-34.21%	8.72%	-12.83%
Income Tax	$13.75M	$46.40M	$33.34M	$31.88M	$6.387M	$1.015M	$8.000K	$3.721M	$6.293M	$2.097M	$5.272M	$8.052M	$8.342M	$9.100M
% Of Pretax Income	17.08%	22.84%	20.03%	16.53%	16.86%	30.97%		34.5%	40.43%	22.92%	38.96%	39.15%	44.1%	41.94%
Net Earnings	$66.25M	$156.4M	$132.5M	$159.6M	$30.51M	$2.225M	-$3.400M	$7.100M	$9.300M	$7.100M	$8.259M	$12.51M	$10.57M	$12.70M
YoY Change	-57.63%	17.98%	-16.98%	423.25%	1271.19%	-165.44%	-147.89%	-23.66%	30.99%	-14.03%	-34.0%	18.4%	-16.78%
Net Earnings / Revenue	0.68%	1.68%	1.62%	2.1%	0.56%	0.05%	-0.04%	0.1%	0.14%	0.12%	0.14%	0.17%	0.14%	0.18%
Basic Earnings Per Share		$6.68	$5.81	$19.13	$4.34	$0.32	-$0.48	$1.01	$1.33	$1.01	$1.10	$1.61	$1.29
Diluted Earnings Per Share	$2.75	$6.34	$5.448M	$17.79	$4.31	$0.31	-$0.48	$1.00	$1.30	$1.00	$1.09	$1.59	$1.29	$1.649M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$48.64M	$39.32M	$37.78M	$101.4M	$52.30M	$8.300M	$6.300M	$13.10M	$17.10M	$20.90M	$13.20M	$21.60M	$11.30M
YoY Change	23.7%	4.06%	-62.74%	93.89%	530.12%	31.75%	-51.91%	-23.39%	-18.18%	58.33%	-38.89%	91.15%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$145.2M	$110.4M	$179.1M	$202.8M	$227.6M	$214.0M	$272.8M	$18.80M	$35.20M	$12.60M	$22.80M	$21.90M	$20.70M
YoY Change	31.56%	-38.37%	-11.72%	-10.88%	6.36%	-21.55%	1351.06%	-46.59%	179.37%	-44.74%	4.11%	5.8%
Inventory	$1.097B	$981.6M	$741.0M	$458.0M	$321.3M	$292.9M	$280.1M	$284.7M	$245.1M	$191.5M	$175.6M	$162.4M	$143.5M
Prepaid Expenses
Receivables	$36.60M	$35.24M	$97.04M	$39.16M	$16.20M	$22.80M	$33.50M	$34.40M	$15.80M	$24.00M	$6.300M	$58.90M	$72.20M
Other Receivables	$114.6M	$100.6M	$126.2M	$162.8M	$96.70M	$130.9M	$114.3M	$96.10M	$105.0M	$63.60M	$77.50M	$35.60M	$51.80M
Total Short-Term Assets	$1.442B	$1.267B	$1.181B	$964.2M	$714.0M	$668.9M	$707.0M	$447.0M	$418.3M	$312.6M	$295.3M	$300.4M	$299.5M
YoY Change	13.81%	7.29%	22.49%	35.05%	6.74%	-5.39%	58.17%	6.86%	33.81%	5.86%	-1.7%	0.3%
Property, Plant & Equipment	$29.81M	$17.63M	$16.33M	$14.31M	$9.900M	$6.700M	$8.000M	$6.600M	$3.500M	$2.900M	$1.700M	$1.200M	$1.200M
YoY Change	69.04%	7.99%	14.09%	44.56%	47.76%	-16.25%	21.21%	88.57%	20.69%	70.59%	41.67%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$50.46M	$88.54M	$70.83M	$18.47M	$16.80M	$11.90M	$8.400M	$8.000M	$7.900M	$2.500M	$500.0K	$0.00
YoY Change	-43.01%	25.0%	283.54%	9.92%	41.18%	41.67%	5.0%	1.27%	216.0%	400.0%
Other Assets	$3.753M	$8.640M	$5.471M	$0.00	$3.500M	$3.200M	$3.900M	$4.000M	$400.0K	$0.00
YoY Change	-56.56%	57.92%		-100.0%	9.38%	-17.95%	-2.5%	900.0%
Total Long-Term Assets	$384.5M	$278.4M	$261.5M	$227.4M	$44.00M	$36.50M	$36.00M	$31.50M	$18.80M	$13.30M	$9.800M	$9.200M	$9.600M
YoY Change	38.13%	6.44%	15.03%	416.71%	20.55%	1.39%	14.29%	67.55%	41.35%	35.71%	6.52%	-4.17%
Total Assets	$1.827B	$1.546B	$1.443B	$1.192B	$758.0M	$705.4M	$743.0M	$478.5M	$437.1M	$325.9M	$305.1M	$309.6M	$309.1M
YoY Change
Accounts Payable	$18.83M	$25.47M	$6.127M	$5.935M	$5.200M	$2.900M	$1.300M	$1.800M	$2.600M	$1.600M	$1.700M	$2.000M	$8.000M
YoY Change	-26.05%	315.62%	3.24%	14.13%	79.31%	123.08%	-27.78%	-30.77%	62.5%	-5.88%	-15.0%	-75.0%
Accrued Expenses	$16.80M	$20.42M	$21.81M	$18.79M	$10.40M	$6.100M	$5.100M	$4.900M	$7.700M	$5.300M	$6.100M	$6.600M	$6.400M
YoY Change	-17.73%	-6.4%	16.12%	80.63%	70.49%	19.61%	4.08%	-36.36%	45.28%	-13.11%	-7.58%	3.13%
Deferred Revenue
YoY Change
Short-Term Debt	$549.7M	$592.5M	$557.1M	$477.9M	$377.9M	$462.6M	$594.3M	$321.5M	$275.7M	$195.9M	$168.5M	$153.7M	$133.7M
YoY Change	-7.21%	6.35%	16.57%	26.46%	-18.31%	-22.16%	84.85%	16.61%	40.74%	16.26%	9.63%	14.96%
Long-Term Debt Due	$8.367M	$95.31M
YoY Change	-91.22%
Total Short-Term Liabilities	$883.8M	$924.1M	$836.7M	$709.6M	$556.8M	$540.9M	$665.9M	$404.4M	$366.6M	$269.9M	$255.6M	$255.8M	$253.2M
YoY Change	-4.36%	10.44%	17.92%	27.44%	2.94%	-18.77%	64.66%	10.31%	35.83%	5.59%	-0.08%	1.03%
Long-Term Debt	$249.0M	$0.00	$94.07M	$93.25M	$92.50M	$91.90M	$7.200M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%	0.88%	0.81%	0.65%	1176.39%
Other Long-Term Liabilities	$11.01M	$4.440M	$5.972M	$5.291M	$3.800M	$0.00	$800.0K	$1.100M
YoY Change	148.04%	-25.65%	12.87%	39.24%		-100.0%	-27.27%
Total Long-Term Liabilities	$260.0M	$4.440M	$100.0M	$98.54M	$96.30M	$91.90M	$8.000M	$1.100M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	5756.01%	-95.56%	1.53%	2.33%	4.79%	1048.75%	627.27%
Total Liabilities	$1.221B	$946.4M	$954.1M	$829.0M	$657.0M	$635.7M	$677.3M	$408.9M	$373.8M	$269.9M	$255.7M	$256.4M	$253.5M
YoY Change	29.05%	-0.8%	15.09%	26.17%	3.35%	-6.14%	65.64%	9.39%	38.5%	5.55%	-0.27%	1.14%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	23.40M	22.81M	8.343M	7.032M	7.031M	7.031M shares	7.029M shares	6.982M shares	6.963M shares	7.530M shares	7.787M shares	8.170M shares
Diluted Shares Outstanding	24.65M	24.33M	8.972M	7.081M	7.085M	7.031M shares	7.122M shares	7.120M shares	7.063M shares	7.590M shares	7.859M shares	8.216M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $1.0042 Billion

About A-Mark Precious Metals Inc

A-Mark Precious Metals, Inc. engages in the trading of gold, silver, platinum, and palladium bullion numismatic coins, and related products. The company is headquartered in El Segundo, California and currently employs 429 full-time employees. The company went IPO on 2014-03-17. The firm offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers. The firm conducts its operations through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. The firm operates its Direct-to-Consumer segment through its wholly owned subsidiaries JM Bullion, Inc. (JMB) and Goldline, Inc. The firm operates its Secured Lending segment through its wholly owned subsidiary Collateral Finance Corporation, LLC (CFC). JM Bullion is an e-commerce retailer of precious metals and operates seven separately branded, Company-owned websites such as JMBullion.com, ProvidentMetals.com, Silver.com, GoldPrice.org, SilverPrice.org, BGASC.com, CyberMetals.com, and BullionMax.com.

Industry: Wholesale-Jewelry, Watches, Precious Stones & Metals Peers: Acacia Research Corp California First Leasing Corp FlexShopper Inc GWG Holdings, Inc. Sundance Strategies Inc SWK Holdings Corp LM Funding America Inc Mill City Ventures III Ltd