A-Mark Precious Metals Inc logo

AMRK

A-Mark Precious Metals Inc

$35.67

Earnings Summary

Revenue
$2109.11Mn
Net Profits
$37.38Mn
Net Profit Margins
1.77%
PE Ratio
5.99

Highlights

Revenue:

A-Mark Precious Metals Inc’s revenue jumped 2.91% since last year same period to $2109.11Mn in the Q1 2022. On a quarterly growth basis, A-Mark Precious Metals Inc has generated 8.36% jump in its revenue since last 3-months.

Net Profits:

A-Mark Precious Metals Inc’s net profit fell -51.21% since last year same period to $37.38Mn in the Q1 2022. On a quarterly growth basis, A-Mark Precious Metals Inc has generated 17.04% jump in its net profits since last 3-months.

Net Profit Margins:

A-Mark Precious Metals Inc’s net profit margin fell -52.59% since last year same period to 1.77% in the Q1 2022. On a quarterly growth basis, A-Mark Precious Metals Inc has generated 8.01% jump in its net profit margins since last 3-months.

PE Ratio:

A-Mark Precious Metals Inc’s price-to-earnings ratio after this Q1 2022 earnings stands at 5.99.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the A-Mark Precious Metals Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.26
EPS Estimate Current Year
1.26

Highlights

EPS Estimate Current Quarter:

A-Mark Precious Metals Inc’s earning per share (EPS) estimates for the current quarter stand at 1.26 - a 28.57% jump from last quarter’s estimates.

EPS Estimate Current Year:

A-Mark Precious Metals Inc’s earning per share (EPS) estimates for the current year stand at 1.26.

Key Ratios

Key ratios of the A-Mark Precious Metals Inc post its Q1 2022 earnings

Earning Per Share (EPS)
1.53
Return on Assets (ROA)
0.09
Return on Equity (ROE)
0.39
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

A-Mark Precious Metals Inc’s earning per share (EPS) fell -65.38% since last year same period to 1.53 in the Q1 2022. This indicates that the A-Mark Precious Metals Inc has generated -65.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. A-Mark Precious Metals Inc’s return on assets (ROA) stands at 0.09.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. A-Mark Precious Metals Inc’s return on equity (ROE) stands at 0.39.

Dividend Per Share (DPS):

A-Mark Precious Metals Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.98
1.53
56.12%

Company Information

Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading full-service precious metals trading company and wholesaler of gold, silver, platinum and palladium bullion and related products. The company’s global customer base includes sovereign and private mints, manufacturers and fabricators, refiners, dealers, financial institutions, industrial users, investors, collectors, and e-commerce and other retail customers. The company conducts its operations through three complementary segments: Wholesale Trading & Ancillary Services, Secured Lending, and Direct Sales. A-Mark operates several business units in its Wholesale Trading & Ancillary Services segment, including Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and the Mint (as more fully described below). Its Industrial unit services manufacturers and fabricators of products utilizing precious metals, while its Coin and Bar unit deals in over 200 different products for distribution to dealers and other qualified purchasers. As a U.S. Mint-authorized purchaser of gold, silver and platinum coins, A-Mark purchases bullion products directly from the U.S. Mint for sale to customers. A-Mark also has distributorships with other sovereign mints, including Australia, Austria, Canada, China, Mexico, South Africa and the United Kingdom. Through its Transcontinental Depository Services subsidiary, A-Mark provides customers with a variety of managed storage options for precious metals worldwide. Through its A-M Global Logistics subsidiary, A-Mark provides customers an array of complementary services, including receiving, handling, inventorying, processing, packaging and shipping of precious metals and custom coins on a secure basis. A-Mark also holds a majority stake in a joint venture that owns the minting operations known as SilverTowne Mint (Mint), which designs and produces minted silver products which provide greater product selection to customers, price stability within the supply chain as well as more secured access to silver during volatile market environments. The company operates its Secured Lending segment through its wholly-owned subsidiaries, Collateral Finance Corporation (CFC) and AM Capital Funding, LLC (AMCF). Founded in 2005, CFC is a licensed finance lender that originates and acquires loans secured by bullion and numismatic coins. Its customers include coin and precious metal dealers, investors, and collectors. AMCF was formed in 2018 for the purpose of securitizing eligible secured loans of CFC. A-Mark operates its Direct Sales segment primarily through its wholly-owned subsidiary Goldline Inc. (Goldline), a direct retailer of precious metals for the investor community. Goldline markets A-Mark’s precious metal products through various channels, including radio, television, and the Internet. A-Mark is headquartered in El Segundo, California, with offices and facilities in Los Angeles, California, Vienna, Austria, Las Vegas, Nevada, and Winchester, Indiana.

Organisation
A-Mark Precious Metals Inc
Headquarters
El Segundo, California, US
Employees
220
Industry
Finance
CEO
Gregory Roberts