A-Mark Precious Metals Inc
For the period ended Dec 31, 2024. Filed Feb 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 10, 2025
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2024-09-30; filed 2024-11-08.
0000950170-24-124015
Item 2. Management's Discussion and Analysis of Financial Condition and Results of OperationsExecutive overviewCurrent report: 10-Q
Period ended 2024-12-31; filed 2025-02-10.
0000950170-25-016909
Item 2. Management's Discussion and Analysis of Financial Condition and Results of OperationsExecutive overviewThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 119 previous paragraphs and 118 current paragraphs.
116 unchanged; 1 reworded; 1 added; 2 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1)
Current report
(vi) inventory turnover ratio, and o
Removed paragraphs (2)
Previous report
(vi) inventory turnover ratio, and
Reworded paragraphs (1)
Previous wording
CFC is a California licensed finance lender that originates and acquires commercial loans secured primarily by bullion and numismatic coins. CFC's customers include coin and precious metal dealers, investors, and collectors. As of September 30, 2024, CFC had approximately $101.9 million in secured loans outstanding, of which approximately 15.7% were acquired from third parties (some of which may be customers of A-Mark) and approximately 84.3% were originated by CFC.
Current wording
CFC is a California licensed finance lender that originates and acquires commercial loans secured primarily by bullion and numismatic coins. CFC's customers include coin and precious metal dealers, investors, and collectors. As of December 31, 2024, CFC had $98.5 million in secured loans outstanding, of which 13.2% were acquired from third parties (some of which may be customers of A-Mark) and approximately 86.8% were originated by CFC.