A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLC

Core Viewpoint - A-Mark Precious Metals, Inc. has declared a quarterly cash dividend of $0.20 per share and completed the acquisition of 90$0.20 per share, maintaining its current dividend program, payable on April 29, 2025 [1]. - The acquisition of AMS Holding, LLC, which generated total revenue of $203.8 million and adjusted EBITDA of$9.3 million in 2024, strengthens A-Mark's market presence [2]. Business Segments - The Wholesale Sales & Ancillary Services segment purchases and distributes precious metal products from various mints, including the U.S. Mint, and sells over 200 different products to various customers [4]. - The Direct-to-Consumer segment operates multiple online platforms and brands, including JM Bullion and Goldline, targeting different niches within the precious metals market [8]. - The Secured Lending segment, through Collateral Finance Corporation, provides loans secured by bullion and numismatic coins to dealers and collectors [9]. Subsidiaries and Operations - A-Mark's subsidiary, Stack's Bowers Galleries, is involved in rare coin and currency auctions, while Pinehurst Coin Exchange operates as a broker for precious metals [5]. - A-Mark's logistics subsidiary offers managed storage and secure handling of precious metals, enhancing customer service [7].