NYSE$GOLD

Gold.com Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

A-Mark Precious Metals reported first quarter 2024 results, with diluted earnings per share of $0.77 and the repurchase of 171,268 common shares for $5.0 million. The company reaffirmed its regular quarterly cash dividend policy of $0.20 per share and amended its credit facility.

A-Mark Precious Metals reported a 31% increase in revenues to $2.48 billion for the fiscal first quarter ended September 30, 2023. Diluted earnings per share totaled $0.77, and the company repurchased 171,268 shares for $5.0 million. The company reaffirmed its quarterly cash dividend policy of $0.20 per share.

  • Revenues increased 31% to $2.48 billion.
  • Diluted earnings per share totaled $0.77.
  • Repurchased 171,268 common shares for $5.0 million.
  • Reaffirmed regular quarterly cash dividend policy of $0.20 per share.

Headline financials

Total Revenue

$2.48B

Previous: $1.9B+30.7%
EPS (adj)

$0.77

Previous: $1.83-57.9%
Gold Ounces Sold

495.0K

Previous: 629.0K-21.3%
Silver Ounces Sold

30.4M

Previous: 35.9M-15.4%
Secured Loans at Period End

803

No prior period
Capital Expenditures

-$1.89M

Previous: -$927K-103.5%
Free Cash Flow

$16.9M

Previous: $44.2M-61.7%
Net Income

$18.8M

Previous: $45.1M-58.3%
Operating Income

$24.3M

Previous: $55.6M-56.4%
Gross Profit

$49.4M

Previous: $76.6M-35.5%
Cash & Equivalents

$67.5M

Previous: $64.6M+4.5%
Total Assets

$1.58B

Previous: $1.24B+27.3%
R&D Expense

$0.00

No prior period
Stock-Based Comp

$664K

Previous: $535K+24.1%

Revenue & EPS history

A-Mark Precious Metals · Revenue · Quarterly

$2.48B

Q1 2024+30.7%vs Q1 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

A-Mark Precious Metals · $533M total across 1 segment · Q3 2023

  • Direct-to-Consumer
    $533M-9.8%

Forward guidance

Looking ahead, A-Mark continues to actively evaluate investment opportunities to broaden its geographic presence and market reach, focusing on strategic opportunities that will further enhance its fully-integrated platform and generate value for its customers and stockholders. The company also continues to invest in its minting and logistics operations to further expand capacity and drive efficiencies.

Tailwinds

  • Actively evaluating investment opportunities.
  • Broadening geographic presence and market reach.
  • Focusing on strategic opportunities to enhance the fully-integrated platform.
  • Generating value for customers and stockholders.
  • Investing in minting and logistics operations to expand capacity and drive efficiencies.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.5%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+2.2%

Avg return

30 days after

50%

28 / 56 earnings

Positive

+29.2%

Q4 2020

Best reaction

-16.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.4%+1.0%-8.4%
Q2 2026+9.9%+24.9%+4.1%
Q1 2026+1.7%+5.2%+23.6%
Q3 2025-13.4%-5.4%-12.4%
Q2 2025+1.0%+1.4%-2.2%
Q1 2025-16.1%-16.8%-23.6%
Q4 2024+8.3%+11.0%+25.0%
Q3 2024-7.3%-9.7%-12.2%
Q2 2024-1.8%-0.7%+5.6%
Q1 2024-9.6%-9.6%+8.2%
Q4 2023+9.0%+5.6%-15.5%
Q3 2023+3.7%+1.9%+3.3%
Q2 2023-14.9%-22.1%-25.2%
Q1 2023+15.8%+21.2%+28.5%
Q4 2022-15.1%-20.6%-22.2%
Q3 2022-9.2%-16.2%-4.4%
Q2 2022+10.8%+12.2%+9.9%
Q1 2022-8.9%-12.7%-22.2%
Q4 2021+18.4%+16.8%+40.2%
Q3 2021+14.0%+36.5%+20.0%
Q2 2021-15.1%-15.8%+2.4%
Q1 2021+18.0%+14.2%+13.4%
Q4 2020+29.2%+25.9%+44.2%
Q3 2020+8.7%+13.9%+22.3%
Q2 2020+0.7%-1.7%+2.4%
Q1 2020+3.6%+3.9%-8.6%
Q4 2019-10.8%-13.5%-8.2%
Q3 2019+10.3%+13.1%+17.6%
Q2 2019-1.4%-3.5%-7.6%
Q1 2019+6.1%+1.1%-1.8%
Q4 2018-4.8%-12.7%-2.0%
Q3 2018-3.0%-0.4%+3.3%
Q2 2018-9.4%-10.3%-6.5%
Q1 2018-0.8%+2.8%-1.1%
Q4 2017-6.8%-5.7%-6.2%
Q3 2017-10.8%-9.4%-9.7%
Q2 2017+6.7%+15.6%+0.0%
Q1 2017+12.7%+13.3%+21.7%
Q4 2016-4.6%-3.1%-8.6%
Q3 2016-3.2%
Q2 2016+5.3%
Q1 2016+4.9%
Q4 2015+1.7%
Q3 2015+3.0%
Q2 2015-4.3%
Q1 2014+0.8%
Q1 2015-0.2%
Q4 2014-2.4%
Q4 2013-2.4%
Q4 2012-2.4%
Q2 2014-2.4%
Q3 2012-2.4%
Q1 2013-2.4%
Q3 2014+0.6%
Q3 2013+4.2%
Q2 2013+4.2%

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