NYSE$GOLD

Gold.com Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

A-Mark Precious Metals reported results for the fiscal second quarter ended December 31, 2023.

A-Mark Precious Metals reported a 7% increase in revenues to $2.079 billion compared to the same quarter last year. Diluted earnings per share totaled $0.57, a 58% decrease year-over-year. Net income attributable to the Company decreased 59% to $13.8 million. The company reaffirmed its regular quarterly cash dividend policy of $0.20 per share.

  • Q2 FY 2024 Diluted Earnings Per Share of $0.57
  • Repurchased 440,092 Common Shares for $12 Million
  • Asset Backed Securitization Notes Payable paid off at Maturity
  • Company reaffirms regular quarterly cash dividend policy of $0.20 per share

Headline financials

Total Revenue

$2.08B

Previous: $1.95B+6.6%
EPS (adj)

$0.57

Previous: $1.35-57.8%
Gross Profit Margin

2.2%

No prior period
Gold Ounces Sold

450.0K

Previous: 565.0K-20.4%
Silver Ounces Sold

26.6M

Previous: 38.1M-30.3%
Secured Loans at Period End

715

Previous: 1.0K-31.8%
Secured Loans Receivable

$107M

No prior period
DTC New Customers

52.5K

No prior period
DTC Active Customers

136.4K

No prior period
DTC Total Customers

2.4M

No prior period
DTC Average Order Value

$2.22K

No prior period
JMB Average Order Value

$2.06K

No prior period
CyberMetals New Customers

1.4K

No prior period
CyberMetals Active Customers

1.9K

No prior period
CyberMetals Total Customers

26.2K

No prior period
CyberMetals Customer AUM

$6.5M

No prior period
Capital Expenditures

-$1.94M

Previous: -$1.74M-11.7%
Net Income

$13.8M

Previous: $33.5M-58.9%
Operating Income

$21.7M

Previous: $40M-45.6%
Gross Profit

$46M

Previous: $64M-28.0%
Stock-Based Comp

$482K

Previous: $534K-9.7%

Revenue & EPS history

A-Mark Precious Metals · Revenue · Quarterly

$2.08B

Q2 2024+6.6%vs Q2 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

A-Mark is exploring strategic opportunities and investing in logistics automation initiatives at its A-Mark Global Logistics facility to efficiently handle increased volume and minimize operational costs. The company reaffirms its commitment to generating stockholder value through its diversified business model.

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 2024

Historical avgQ2 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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