A-Mark Precious Metals, Inc. (AMRK) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2121 ROSECRANS AVENUE EL SEGUNDO, CA 90245 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 5094 - Jewelry, Watches, Precious Stones, and Precious Metals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2023 | 12/31/2022 MRQ | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6 | ||||||||
| Cash and cash equivalents | 6 | ||||||||
| Receivables | 215 | 223 | 202 | 113 | 125 | 110 | |||
| Inventory, net of allowances, customer advances and progress billings | 575 | 458 | 257 | 247 | 198 | 166 | |||
| Inventory | 575 | 458 | 257 | 247 | 198 | 166 | |||
| Derivative instruments and hedges, assets | 42 | 92 | 45 | 46 | 2 | 7 | |||
| Other undisclosed current assets | 484 | 408 | 461 | 308 | 343 | 417 | |||
| Total current assets: | 1,315 | 1,181 | 964 | 714 | 669 | 707 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6 | 6 | 6 | 4 | ✕ | ✕ | |||
| Property, plant and equipment | 12 | 10 | 9 | 6 | 7 | 8 | |||
| Long-term investments and receivables | 76 | 71 | 18 | 17 | 12 | 8 | |||
| Long-term investments | 76 | 71 | 18 | 17 | 12 | 8 | |||
| Intangible assets, net (including goodwill) | 168 | 169 | 195 | 14 | 15 | 16 | |||
| Goodwill | 101 | 101 | 101 | 9 | 9 | 9 | |||
| Intangible assets, net (excluding goodwill) | 67 | 68 | 94 | 5 | 6 | 7 | |||
| Other noncurrent assets | 5 | 5 | 4 | ||||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | |||
| Other undisclosed noncurrent assets | 3 | ||||||||
| Total noncurrent assets: | 267 | 262 | 227 | 44 | 37 | 36 | |||
| TOTAL ASSETS: | 1,582 | 1,443 | 1,192 | 758 | 705 | 743 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 20 | 26 | 28 | 15 | 68 | 51 | |||
| Taxes payable | ✕ | ✕ | 0 | 5 | 2 | ||||
| Accounts payable | 6 | 4 | 4 | 3 | 62 | 46 | |||
| Accrued liabilities | 14 | 22 | 19 | 10 | 6 | 5 | |||
| Deferred revenue | 10 | 17 | 21 | 6 | ✕ | ✕ | |||
| Debt | 342 | 215 | 185 | 135 | 167 | 200 | |||
| Derivative instruments and hedges, liabilities | 103 | 76 | 8 | 25 | 10 | 20 | |||
| Other undisclosed current liabilities | 546 | 503 | 468 | 375 | 296 | 394 | |||
| Total current liabilities: | 1,020 | 837 | 710 | 557 | 541 | 666 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2 | 94 | 93 | 93 | 92 | 7 | |||
| Long-term debt, excluding current maturities | 2 | 94 | 93 | 93 | 92 | 7 | |||
| Liabilities, other than long-term debt | 21 | 21 | 25 | 4 | 1 | ||||
| Deferred income tax liabilities | 16 | 15 | 20 | 0 | ✕ | ✕ | |||
| Other liabilities | 5 | 6 | 5 | 4 | 1 | ||||
| Total noncurrent liabilities: | 22 | 115 | 118 | 96 | 92 | 8 | |||
| Total liabilities: | 1,043 | 952 | 828 | 653 | 633 | 674 | |||
| Equity | |||||||||
| Equity, attributable to parent | 538 | 489 | 363 | 101 | 70 | 66 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | |||||||||
| Additional paid in capital | 167 | 167 | 150 | 27 | 26 | 25 | |||
| Accumulated other comprehensive loss | (1) | ||||||||
| Retained earnings | 372 | 322 | 212 | 74 | 43 | 41 | |||
| Equity, attributable to noncontrolling interest | 1 | 2 | 1 | 4 | 3 | 3 | |||
| Total equity: | 540 | 490 | 364 | 105 | 73 | 69 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,582 | 1,443 | 1,192 | 758 | 705 | 743 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2023 | 12/31/2022 TTM | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,049 | 8,159 | 7,613 | 5,461 | 4,783 | 7,606 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 7,606 | |
| Revenue from related parties | 1,036 | 852 | 1,698 | 891 | ✕ | |||
| Cost of revenue (Cost of Goods and Services Sold) | (7,769) | (7,897) | (7,403) | (5,394) | (4,751) | (7,577) | ||
| Gross profit: | 280 | 262 | 210 | 67 | 32 | 29 | ||
| Operating expenses | (80) | (77) | (59) | (37) | (33) | (36) | ||
| Operating income (loss): | 201 | 185 | 151 | 30 | (1) | (7) | ||
| Nonoperating income | 24 | 24 | 19 | 27 | 2 | 1 | ||
| Investment income, nonoperating | 21 | 22 | 18 | 21 | ||||
| Other nonoperating income | 2 | 2 | 1 | 5 | 2 | 1 | ||
| Interest and debt expense | (24) | (22) | (20) | (19) | (17) | (14) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 200 | 187 | 151 | 38 | (16) | (20) | ||
| Income from equity method investments | 12 | 7 | 16 | |||||
| Other undisclosed income (loss) from continuing operations before income taxes | (17) | (27) | 26 | 19 | 16 | |||
| Income (loss) from continuing operations before income taxes: | 194 | 166 | 193 | 38 | 3 | (3) | ||
| Income tax expense | (40) | (33) | (32) | (6) | (1) | (0) | ||
| Income (loss) from continuing operations: | 154 | 133 | 161 | 31 | 2 | (3) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 120 | 133 | 161 | 31 | 2 | (3) | |
| Net income (loss): | 154 | 133 | 161 | 31 | 2 | (3) | ||
| Net loss attributable to noncontrolling interest | (1) | (1) | (1) | (1) | ||||
| Net income (loss) available to common stockholders, diluted: | 153 | 133 | 160 | 31 | 2 | (3) | ||
Comprehensive Income ($ in millions)
| 6/30/2023 | 12/31/2022 TTM | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 154 | 133 | 161 | 31 | 2 | (3) | ||
| Comprehensive income (loss): | 154 | 133 | 161 | 31 | 2 | (3) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (1) | (1) | (1) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 153 | 133 | 160 | 31 | 2 | (3) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.