The earnings call presented mixed results for A-Mark Precious Metals. While the company achieved significant revenue growth and expanded its customer base through strategic acquisitions, it faced challenges such as a net loss, increased interest expenses, and decreased sales of precious metals. Despite these challenges, the company remains optimistic about its long-term growth trajectory and operational efficiencies.
Company Guidance
During A-Mark Precious Metals' fiscal Q3 2025 call, CEO Greg Roberts highlighted the company's resilience amid volatile market conditions, reporting a 15% revenue increase to $3 billion, despite challenges such as trading losses and higher interest expenses. Gross profit rose 18% to $41 million, while non-GAAP adjusted net income and EBITDA were $5.7 million and $1.3 million, respectively. The company completed strategic acquisitions, including Pinehurst Coin Exchange and Spectrum Group International, enhancing its market position and expanding into luxury segments. This quarter saw a 1489% surge in new DTC customers, attributed largely to recent acquisitions. A-Mark's inventory turn ratio improved by 4% year-over-year, and the average order value in the DTC segment increased by 45%. Despite a net loss of $8.5 million, A-Mark's balance sheet remained strong, with cash reserves of $114.3 million and a tangible net worth of $315.7 million. The company maintained a $0.20 per share dividend and is optimistic about continued growth and shareholder value.
Revenue Growth
Revenues for fiscal Q3 2025 increased 15% to $3 billion from $2.6 billion in the same year-ago quarter. For the nine-month period, revenues increased 18% to $8.5 billion from $7.2 billion.
Strategic Acquisitions
A-Mark completed three strategic acquisitions: Pinehurst Coin Exchange, Spectrum Group International, and AMS Holding, LLC, strengthening its competitive position and expanding into higher-margin luxury segments.
Increased Customer Base
The number of new customers in the DTC segment increased by 1489% from Q3 of last year, with the total number of customers reaching approximately 4.1 million, a 64% increase from the prior year.
Operational Efficiencies
Investments in automation technology in Las Vegas are expected to process higher volumes while reducing operational costs. The facility can handle 50% to 75% more packages without adding more employees.
A-Mark Precious Metals (AMRK) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMRK Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 07, 2025
$23.67
$20.53
-13.27%
Feb 06, 2025
$27.80
$28.08
+1.01%
Nov 06, 2024
$36.70
$30.81
-16.05%
Aug 29, 2024
$34.66
$37.83
+9.15%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does A-Mark Precious Metals (AMRK) report earnings?
A-Mark Precious Metals (AMRK) is schdueled to report earning on Sep 09, 2025, TBA (Confirmed).
What is A-Mark Precious Metals (AMRK) earnings time?
A-Mark Precious Metals (AMRK) earnings time is at Sep 09, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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