Earnings Call Summary | A-Mark Precious Metals(AMRK.US) Q3 2024 Earnings Conference
Earnings Call Summary | A-Mark Precious Metals(AMRK.US) Q3 2024 Earnings Conference
The following is a summary of the A-Mark Precious Metals, Inc. (AMRK) Q3 2024 Earnings Call Transcript:
以下是A-Mark貴金屬公司（AMRK）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
A-Mark Precious Metals reported Q3 2024 revenues of $2.611 billion, marking a 13% increase, but excluding forward sales, revenues decreased by 20% due to declined silver and gold ounces sold.
The company's gross profit decreased by 54% to $34.8 million mainly due to lower profits from wholesale sales and Direct to Consumer (DTC) segment.
The quarterly earnings per share stood at $0.21 with non-GAAP EBITDA of $12.6 million, which includes one-time acquisition costs of $2.2 million.
The company bought back 204,396 shares at a cost of $5 million during the quarter.
Net income for Q3 2024 reported as $5 million or $0.21 per diluted share, contrasting with $35.9 million or $1.46 per diluted share in Q3 last year.
The company ended with $35.2 million in cash, compared to $39.3 million at the end of FY 2023.
A-Mark貴金屬公佈的2024年第三季度收入爲26.11億美元，增長了13％，但不包括遠期銷售，由於白銀和黃金盎司的銷量下降，收入下降了20％。
該公司的毛利下降了54％，至3,480萬美元，這主要是由於批發銷售和直接面向消費者（DTC）板塊的利潤減少。
季度每股收益爲0.21美元，非公認會計准則息稅折舊攤銷前利潤爲1,260萬美元，其中包括220萬美元的一次性收購成本。
該公司在本季度以500萬美元的價格回購了204,396股股票。
2024年第三季度的淨收益爲500萬美元，攤薄每股收益爲0.21美元，而去年第三季度爲3590萬美元，攤薄每股收益1.46美元。
該公司收到了3520萬美元的現金，而2023財年末的現金爲3,930萬美元。
Business Progress:
業務進展：
A-Mark successfully acquired LPM Group Limited in February 2024, enhancing its business and operational integration.
There was an 8% increase in the number of new direct-to-consumer customers compared to the previous quarter.
A-Mark implemented technology upgrades to enhance LPM's logistics capabilities and integrated LPM into AMGL's fulfillment and shipping system.
The company advanced its logistics automation initiatives at their A-Mark Global Logistics facility in Las Vegas, for enhanced operational efficiency.
Despite a decrease in the sale of gold and silver, the company has secured growth in the DTC segment and successfully expanded its presence in Asia through the acquisition of LPM.
The board of directors reaffirmed the company's regular quarterly cash dividend program at $0.20 per common share.
A-mark foresees growth potential through M&A activities, expansion in territories like Singapore, and new product offerings.
A-Mark 於 2024 年 2 月成功收購了 LPM 集團有限公司，加強了其業務和運營整合。
與上一季度相比，新的直接面向消費者的客戶數量增長了8％。
A-Mark實施了技術升級以增強LPM的物流能力，並將LPM集成到AMGL的配送和運輸系統中。
該公司在拉斯維加斯的A-Mark Global Logistics工廠推進了物流自動化計劃，以提高運營效率。
儘管黃金和白銀的銷售有所下降，但該公司仍確保了DTC領域的增長，並通過收購LPM成功擴大了其在亞洲的業務。
董事會重申了公司的定期季度現金分紅計劃，爲每股普通股0.20美元。
A-mark預測通過併購活動、在新加坡等地區的擴張以及提供新產品來實現增長潛力。
More details: A-Mark Precious Metals IR
更多詳情： A-Mark 貴金屬 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。