NYSE$GOLD

Gold.com Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

A-Mark Precious Metals' financial results for the fiscal second quarter of 2023 were reported, demonstrating the strength of its fully integrated precious metals platform.

A-Mark Precious Metals reported a 0.2% increase in revenues to $1.950 billion and a 5% increase in net income to $33.5 million, with diluted earnings per share of $1.35. The company's diversified business model and strategic investments, including the acquisition of BGASC and minority interests in Texas Precious Metals and Atkinsons Bullion & Coins, contributed to the positive results.

  • Revenues increased 0.2% to $1.950 billion compared to the same quarter last year.
  • Net income attributable to the Company increased 5% to $33.5 million.
  • Diluted earnings per share increased 4% to $1.35.
  • Direct-to-Consumer new customers increased 230% to 131,200.

Headline financials

Total Revenue

$1.95B

Previous: $1.95B+0.2%
EPS (adj)

$1.35

Previous: $1.31+3.1%
Gold Ounces Sold

565.0K

Previous: 631.0K-10.5%
Silver Ounces Sold

38.1M

Previous: 32.0M+19.2%
Secured Loans at Period End

1.0K

Previous: 2.4K-56.2%
Capital Expenditures

-$1.74M

Previous: -$918K-89.0%
Free Cash Flow

$31.7M

Previous: $30.9M+2.8%
Net Income

$33.5M

Previous: $31.8M+5.3%
Operating Income

$40M

Previous: $44.1M-9.4%
Gross Profit

$64M

Previous: $65.9M-3.0%
Cash & Equivalents

$72.5M

Previous: $19.4M+274.6%
Total Assets

$1.58B

Previous: $1.14B+39.3%
Stock-Based Comp

$534K

Previous: $582K-8.2%

Revenue & EPS history

A-Mark Precious Metals · Revenue · Quarterly

$1.95B

Q2 2023+0.2%vs Q2 2022
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

A-Mark Precious Metals · $448M total across 1 segment · Q2 2023

  • Direct-to-Consumer
    $448M

Forward guidance

A-Mark remains confident in the stability of its fully integrated precious metals platform and continues to explore strategic investment and acquisition opportunities.

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 Q2 2023

Historical avgQ2 2023

+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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