A-Mark Precious Metals

A-Mark Precious Metals, Inc.
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Company type	Public
Traded as	Template:Nasdaq; Russell Microcap Index component
ISIN	Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value).
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Founded	Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value).
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Headquarters	2121 Rosecrans Avenue, Suite 6300, El Segundo, CA 90245
Key people	Gregory Roberts (CEO) Thor Gjerdrum (President)
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Owners	Publicly held
Number of employees	Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value).
Subsidiaries	Collateral Finance Corporation (CFC); Goldline International; JM Bullion
Website	amark.com

A-Mark Precious Metals (founded in 1965 as A Mark Coin Company)^[2] is a precious metals trading company. It was the first company allowed to make and sell coins from the metals recovered in the shipwreck of Template:SS.^[2] A-Mark is traded on Nasdaq and is a Fortune 500 company as of 2021.^[3]

History

Greg Manning Auctions Inc. bought a majority stake in A-Mark for $16 million in 2005.^[4] Thereafter, the firm changed its name to Escala Group,^[5] then to Spectrum Group International Inc.^[6] In 2009, it purchased the remainder of A-Mark.^[2] In 2014, Spectrum spun off A-Mark so that it could be publicly traded.^[2] A-Mark acquired Goldline International in 2017.^{[citation needed]}

Corporate affairs

Shareholder structure

As of 2021, A-Mark stock is in held by institutional investors (43%), the general public (29%) and private companies (7%). Individual insiders hold about 21%.^[7]

Financial results

Following its initial public offering A-Mark has grown its revenue from US$5.9 billion in 2015 to US7.6 billion in 2021. The following list is an overview of the main financial results from recent years:^[8]


Data	2017	2018	2019	2020	2021
Net revenue (in million)	$6,989	$7,606	$4,783	$5,416	$7,613
Gross profit (in million)	$31.33	$29.44	$31.96	$66.97	$210.20

References

↑ ^{Jump up to: 1.0} ^1.1 "About A-Mark". https://www.amark.com/about-amark. Retrieved 24 June 2017.
↑ ^{Jump up to: 2.0} ^2.1 ^2.2 ^2.3 ^2.4 White, Ronald (6 Jul 2014). "A-Mark Precious Metals may profit from increased awareness". Los Angeles Times. http://www.latimes.com/business/la-fi-stock-spotlight-amark-20140707-story.html. Retrieved 24 June 2017.
↑ "A-Mark Precious Metals | 2021 Fortune 500" (in en). https://fortune.com/company/a-mark-precious-metals/fortune500/.
↑ "Greg Manning Auctions Buys A-Mark" (in en-US). Los Angeles Times. 2005-07-19. ISSN 0458-3035. https://www.latimes.com/archives/la-xpm-2005-jul-19-fi-manning19-story.html.
↑ "UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK". https://www.sec.gov/litigation/complaints/2009/comp20965.pdf.
↑ "Spectrum Group International Inc SPGZ Board" (in en). https://investorshub.advfn.com/~/Spectrum-Group-International-Inc-SPGZ-6709/.
↑ "What Is The Ownership Structure Like For A-Mark Precious Metals, Inc. (NASDAQ:AMRK)?" (in en-US). https://finance.yahoo.com/news/ownership-structure-mark-precious-metals-123937506.html.
↑ "AMRK.O - A-Mark Precious Metals Inc Financials | Reuters" (in en). https://www.reuters.comundefined/. ^{[permanent dead link]}

External links

Official website

Template:US-company-stub

[abouta-mark-1] {Jump up to: 1.0} ^1.1 "About A-Mark". https://www.amark.com/about-amark. Retrieved 24 June 2017.

[LATimesAwareness-2] {Jump up to: 2.0} ^2.1 ^2.2 ^2.3 ^2.4 White, Ronald (6 Jul 2014). "A-Mark Precious Metals may profit from increased awareness". Los Angeles Times. http://www.latimes.com/business/la-fi-stock-spotlight-amark-20140707-story.html. Retrieved 24 June 2017.

[3] "A-Mark Precious Metals | 2021 Fortune 500" (in en). https://fortune.com/company/a-mark-precious-metals/fortune500/.

[4] "Greg Manning Auctions Buys A-Mark" (in en-US). Los Angeles Times. 2005-07-19. ISSN 0458-3035. https://www.latimes.com/archives/la-xpm-2005-jul-19-fi-manning19-story.html.

[5] "UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK". https://www.sec.gov/litigation/complaints/2009/comp20965.pdf.

[6] "Spectrum Group International Inc SPGZ Board" (in en). https://investorshub.advfn.com/~/Spectrum-Group-International-Inc-SPGZ-6709/.

[7] "What Is The Ownership Structure Like For A-Mark Precious Metals, Inc. (NASDAQ:AMRK)?" (in en-US). https://finance.yahoo.com/news/ownership-structure-mark-precious-metals-123937506.html.

[8] "AMRK.O - A-Mark Precious Metals Inc Financials | Reuters" (in en). https://www.reuters.comundefined/. ^{[permanent dead link]}

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