NYSE$GOLD
Gold.com Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
A-Mark Precious Metals reported an increase in revenue and gross profit, driven by its integrated platform and Direct-To-Consumer segment, while earnings per share saw a slight decrease.
A-Mark Precious Metals reported a 10% increase in revenue to $2.317 billion and a 5% increase in gross profit to $75.5 million for the fiscal third quarter ended March 31, 2023. Diluted earnings per share decreased slightly to $1.46, and the company repurchased 335,735 common shares for $9.8 million.
- Revenue increased 19% quarter-over-quarter, and gross profit increased 18% quarter-over-quarter.
- Direct-To-Consumer segment contributed 57% to consolidated gross profit, with a 124-basis point increase in the segment’s gross margin percentage year-over-year.
- Silver Towne Mint achieved ISO 9000:2015 certification, expanding its product reach to Individual Retirement Accounts (IRAs).
- Company repurchased 335,735 common shares for $9.8 million
Headline financials
Revenue & EPS history
A-Mark Precious Metals · Revenue · Quarterly
$2.32B
Revenue by segment
A-Mark Precious Metals · $533M total across 1 segment · Q3 2023
- Direct-to-Consumer$533M-9.8%100.0%
Forward guidance
A-Mark believes that its diversified business model and access to inventory will allow it to further capitalize on the heightened demand for precious metals and is continuing to evaluate growth opportunities that will further enhance its platform and contribute to its business.
Tailwinds
- Diversified business model
- Access to inventory
- Heightened demand for precious metals
- Core business remains strong
- Evaluating growth opportunities
Headwinds
- Failure to execute the Company’s growth strategy
- Changes in the current international political climate
- Potential adverse effects of the current problems in the national and global supply chains
- Increased competition for the Company’s higher margin services, which could depress pricing
- Potential negative effects that inflationary pressure may have on our business
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 Q3 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
| Quarter | Report date | Reaction (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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