A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLC
A-Mark Precious Metals (NASDAQ: AMRK) has announced two significant developments: a quarterly cash dividend and an acquisition completion. The company declared a quarterly cash dividend of $0.20 per share, payable on April 29, 2025, to stockholders of record as of April 15, 2025.
Additionally, on April 1, 2025, A-Mark completed the acquisition of the remaining 90% stake in AMS Holding, , which operates the GOVMINT brand. AMS, founded in 1984, employs over 150 sales representatives specializing in vintage and modern coin collections. The acquired company reported Total Revenue of $203.8 million and Adjusted EBITDA of $9.3 million for the year ended December 31, 2024.
A-Mark Precious Metals (NASDAQ: AMRK) ha annunciato due sviluppi significativi: un dividendo in contante trimestrale e il completamento di un'acquisizione. L'azienda ha dichiarato un dividendo in contante trimestrale di $0,20 per azione, che sarà pagato il 29 aprile 2025, agli azionisti registrati al 15 aprile 2025.
Inoltre, il 1 aprile 2025, A-Mark ha completato l'acquisizione del restante 90% della partecipazione in AMS Holding, che gestisce il marchio GOVMINT. AMS, fondata nel 1984, impiega oltre 150 rappresentanti di vendita specializzati in collezioni di monete vintage e moderne. La società acquisita ha riportato entrate totali di $203,8 milioni e EBITDA rettificato di $9,3 milioni per l'anno conclusosi il 31 dicembre 2024.
A-Mark Precious Metals (NASDAQ: AMRK) ha anunciado dos desarrollos significativos: un dividendo en efectivo trimestral y la finalización de una adquisición. La compañía declaró un dividendo en efectivo trimestral de $0.20 por acción, que se pagará el 29 de abril de 2025, a los accionistas registrados hasta el 15 de abril de 2025.
Además, el 1 de abril de 2025, A-Mark completó la adquisición del 90% restante de AMS Holding, que opera la marca GOVMINT. AMS, fundada en 1984, emplea a más de 150 representantes de ventas especializados en colecciones de monedas vintage y modernas. La empresa adquirida reportó ingresos totales de $203.8 millones y EBITDA ajustado de $9.3 millones para el año que terminó el 31 de diciembre de 2024.
A-Mark Precious Metals (NASDAQ: AMRK)는 두 가지 중요한 발전을 발표했습니다: 분기 현금 배당금과 인수 완료. 회사는 주당 $0.20의 분기 현금 배당금을 선언했으며, 이는 2025년 4월 29일에 2025년 4월 15일 기준 주주에게 지급될 예정입니다.
또한, 2025년 4월 1일에 A-Mark는 AMS Holding의 나머지 90% 지분 인수를 완료했습니다. AMS는 1984년에 설립되어 빈티지 및 현대 동전 컬렉션을 전문으로 하는 150명 이상의 영업 사원을 고용하고 있습니다. 인수된 회사는 2024년 12월 31일 종료된 연도에 대해 총 수익 $203.8백만 및 조정 EBITDA $9.3백만을 보고했습니다.
A-Mark Precious Metals (NASDAQ: AMRK) a annoncé deux développements importants : un dividende en espèces trimestriel et l'achèvement d'une acquisition. La société a déclaré un dividende en espèces trimestriel de 0,20 $ par action, payable le 29 avril 2025, aux actionnaires inscrits au 15 avril 2025.
De plus, le 1er avril 2025, A-Mark a finalisé l'acquisition des 90 % restants de AMS Holding, qui opère sous la marque GOVMINT. AMS, fondée en 1984, emploie plus de 150 représentants commerciaux spécialisés dans les collections de pièces vintage et modernes. La société acquise a déclaré un chiffre d'affaires total de 203,8 millions de dollars et un EBITDA ajusté de 9,3 millions de dollars pour l'année se terminant le 31 décembre 2024.
A-Mark Precious Metals (NASDAQ: AMRK) hat zwei bedeutende Entwicklungen bekannt gegeben: eine vierteljährliche Barausschüttung und den Abschluss einer Übernahme. Das Unternehmen erklärte eine vierteljährliche Barausschüttung von $0,20 pro Aktie, die am 29. April 2025 an die Aktionäre ausgezahlt wird, die am 15. April 2025 im Aktienregister stehen.
Darüber hinaus hat A-Mark am 1. April 2025 die Übernahme der verbleibenden 90% der Anteile an AMS Holding abgeschlossen, die die Marke GOVMINT betreibt. AMS, gegründet 1984, beschäftigt über 150 Vertriebsmitarbeiter, die auf Vintage- und moderne Münzsammlungen spezialisiert sind. Das übernommene Unternehmen meldete Gesamtumsatz von $203,8 Millionen und bereinigtes EBITDA von $9,3 Millionen für das am 31. Dezember 2024 endende Jahr.
- Acquisition of remaining 90% stake in AMS Holding expands A-Mark's precious metals platform
- AMS generated substantial revenue of $203.8M and Adjusted EBITDA of $9.3M in 2024
- Maintained quarterly dividend payment of $0.20 per share
- None.
EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of
On April 1, 2025, A-Mark completed the acquisition of the
About A-Mark Precious Metals
Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a portfolio of channels. The company conducts its operations through three complementary segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The company’s global customer base spans sovereign and private mints, manufacturers and fabricators, refiners, dealers, financial institutions, industrial users, investors, collectors, e-commerce customers, and other retail customers.
A-Mark’s Wholesale Sales & Ancillary Services segment distributes and purchases precious metal products from sovereign and private mints. As a U.S. Mint-authorized purchaser of gold, silver, and platinum coins since 1986, A-Mark purchases bullion products directly from the U.S. Mint for sale to customers. A-Mark also has longstanding distributorships with other sovereign mints, including Australia, Austria, Canada, China, Mexico, South Africa, and the United Kingdom. The company sells more than 200 different products to e-commerce retailers, coin and bullion dealers, financial institutions, brokerages, and collectors. In addition, A-Mark sells precious metal products to industrial users, including metal refiners, manufacturers, and electronic fabricators.
A-Mark’s consolidated subsidiary, Stack’s Bowers Galleries is a rare coin and currency auction house as well as a wholesale and retail dealer of numismatic and bullion products. Pinehurst Coin Exchange is a precious metals broker that services the wholesale and retail marketplace and is retailer of modern and numismatic coins on eBay.
LPM Group Limited (LPM), is one of Asia’s largest precious metals dealers. LPM operates a consumer-facing showroom in Hong Kong’s Central Financial District, and offers a wide selection of products to its wholesale customers through its 24/7 online trading platform, including recently released silver coins, gold bullion, certified coins, and the latest collectible numismatic issues.
Through its A-M Global Logistics subsidiary, A-Mark provides its customers with a range of complementary services, including managed storage options for precious metals as well as receiving, handling, inventorying, processing, packaging, and shipping of precious metals and coins on a secure basis. A-Mark’s mint operations, which are conducted through its wholly owned subsidiary Silver Towne Mint, enable the company to offer customers a wide range of proprietary coin and bar offerings and, during periods of market volatility when the availability of silver bullion from sovereign mints is often product constrained, preferred product access.
A-Mark’s Direct-to-Consumer segment operates as an omni-channel retailer of precious metals, providing access to a multitude of products through its wholly owned subsidiaries, JM Bullion, Goldline, AMS, and Silver Gold Bull. JMB owns and operates numerous websites targeting specific niches within the precious metals retail market, including JMBullion.com, ProvidentMetals.com, Silver.com, CyberMetals.com, GoldPrice.org, SilverPrice.org, BGASC.com, BullionMax.com, and Gold.com. Goldline markets precious metals directly to the investor community through various channels, including television, radio, and telephonic sales efforts. AMS operates GOVMINT, which markets vintage and modern coins through channels that include a dedicated website, television advertising, and telephonic sales efforts. A-Mark is the majority owner of Silver Gold Bull, a leading online precious metals retailer in Canada, and also holds minority ownership interests in two additional direct-to-consumer brands.
The company operates its Secured Lending segment through its wholly owned subsidiary, Collateral Finance Corporation (CFC). Founded in 2005, CFC is a California licensed finance lender that originates and acquires loans secured by bullion and numismatic coins. Its customers include coin and precious metal dealers, investors, and collectors.
A-Mark is headquartered in El Segundo, CA and has additional offices and facilities in the neighboring Los Angeles area as well as in Dallas, TX, Las Vegas, NV, Winchester, IN, Vienna, Austria, and Hong Kong. For more information, visit www.amark.com.
A-Mark periodically provides information for investors on its corporate website, www.amark.com, and its investor relations website, ir.amark.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and investor presentations.
Important Cautions Regarding Forward-Looking Statements
Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. These include statements relating to expectations regarding the dividend declaration and the amount or timing of any future dividends. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results or circumstances to differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ include the following: the failure to execute the Company’s growth strategy, including the inability to identify suitable or available acquisition or investment opportunities; greater than anticipated costs incurred to execute this strategy; government regulations that might impede growth, particularly in Asia; the inability to successfully integrate recently acquired businesses; changes in the current international political climate, which historically has favorably contributed to demand and volatility in the precious metals markets but also has posed certain risks and uncertainties for the Company, particularly in recent periods; potential adverse effects of the current problems in the national and global supply chains; the impact that the recently announced tariffs and other trade restrictions may have on our business; increased competition for the Company’s higher margin services, which could depress pricing; the failure of the Company’s business model to respond to changes in the market environment as anticipated; changes in consumer demand and preferences for precious metal products generally; potential negative effects that inflationary pressure may have on our business; the inability of the Company to expand capacity at Silver Towne Mint; the failure of our investee companies to maintain, or address the preferences of, their customer bases; general risks of doing business in the commodity markets; and the strategic, business, economic, financial, political and governmental risks and other Risk Factors described in in the Company’s public filings with the Securities and Exchange Commission.
The Company undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
Company Contact:
Steve Reiner, Executive Vice President, Capital Markets & Investor Relations
A-Mark Precious Metals, Inc.
1-310-587-1410
sreiner@amark.com
Investor Relations Contact:
Matt Glover, Greg Bradbury
Gateway Group, Inc.
1-949-574-3860
AMRK@gatewayir.com
FAQ
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