Core Insights - A-Mark Precious Metals, Inc. reported its fiscal first quarter results for the period ending September 30, 2025, and announced a definitive agreement to acquire Monex Deposit Company, a major direct-to-consumer precious metals dealer in the U.S. [1][3] Acquisition Details - The acquisition of Monex is valued at $33 million, comprising $19 million in cash and $14 million in A-Mark common stock, with a holdback of 29% of the common stock for potential indemnification claims. An additional deferred purchase price of up to $20 million is contingent on achieving specified pre-tax income levels [5][3]. - Monex generated total revenue of $835 million in 2024 and held $630 million in assets under custody as of September 30, 2025, enhancing A-Mark's direct-to-consumer presence and operational synergies [2][3]. Financial Performance - A-Mark's revenues for the first quarter of fiscal 2026 increased by 36% to $3.68 billion compared to $2.72 billion in the same quarter of the previous year, and by 47% from $2.51 billion in the prior quarter [11][26]. - Gross profit rose 68% to $72.9 million, with a gross profit margin of 1.98%, up from 1.60% in the same quarter last year [11][27]. - The company reported a net loss of $0.9 million, a significant decrease from a net income of $9.0 million in the same quarter of the previous year [17][33]. Operational Highlights - Gold ounces sold increased by 10% to 439,000 ounces, while silver ounces sold decreased by 49% to 10.4 million ounces compared to the same quarter last year [29][11]. - The Direct-to-Consumer segment contributed 23% of consolidated revenue in the first quarter of fiscal 2026, up from 18% in the same quarter of the previous year [26][27]. Cost Management - Selling, general and administrative expenses surged by 125% to $59.8 million, primarily due to increased compensation, advertising, and consulting costs, reflecting the integration of recent acquisitions [28][27]. - Depreciation and amortization expenses increased by 61% to $7.6 million, driven by amortization related to acquired intangible assets [30][11]. Market Position - A-Mark operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending, with a diverse customer base including mints, manufacturers, and retail customers [38][40]. - The company is well-positioned to leverage its integrated platform and expand its market share in the precious metals industry following the acquisition of Monex [3][4].

Core Viewpoint - A-Mark Precious Metals, Inc. will hold a conference call on November 6, 2025, to discuss its fiscal first quarter results for the period ending September 30, 2025 [1] Company Overview - A-Mark Precious Metals, Inc. is a fully integrated precious metals platform founded in 1965, offering a range of products including gold, silver, platinum, palladium, and copper bullion, as well as numismatic coins [4] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [4] Wholesale Sales & Ancillary Services - This segment distributes and purchases precious metal products from various mints, including the U.S. Mint, and sells over 200 different products to various customers [5] - A-Mark provides managed storage options and logistics services for precious metals, including inventory management and secure shipping [6] Direct-to-Consumer Segment - A-Mark operates as an omni-channel retailer through subsidiaries like JM Bullion and Goldline, targeting specific niches in the precious metals market [10] - The company markets products through various channels, including television and online platforms [10] Secured Lending Segment - The Secured Lending segment is operated through Collateral Finance Corporation, which provides loans secured by bullion and numismatic coins [11] Conference Call Details - The conference call will take place at 4:30 p.m. Eastern time, with access available via a U.S. dial-in number and an international number [2] - A replay of the call will be available after the event until November 20, 2025 [3]

Core Viewpoint - A-Mark Precious Metals, Inc. will hold a conference call on May 7, 2025, to discuss its fiscal third quarter results for the period ending March 31, 2025, with financial results to be released prior to the call [1]. Company Overview - A-Mark Precious Metals, Inc. is a fully integrated precious metals platform founded in 1965, offering a variety of products including gold, silver, platinum, palladium, and copper bullion, as well as numismatic coins [4]. - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [4]. Segment Details - 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 [5]. - The Direct-to-Consumer segment operates as an omni-channel retailer through subsidiaries like JM Bullion and Goldline, targeting specific niches within the precious metals market [10]. - The Secured Lending segment, through Collateral Finance Corporation, provides loans secured by bullion and numismatic coins to dealers, investors, and collectors [11]. Conference Call Information - The conference call is scheduled for May 7, 2025, at 4:30 p.m. Eastern time, with access details provided for both U.S. and international participants [2]. - A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 21, 2025 [3].

EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025. On April 1, 2025, A-Mark completed the acquisition of the 90% of AMS Holding, LLC (AMS) not previously ...