A-Mark Precious Metals

{{Infobox company

| name = A-Mark Precious Metals, Inc.

| logo =

| type = Public

| traded_as = {{nasdaq|AMRK}}
Russell Microcap Index component

| predecessor = Spectrum Group International (2005-2014)(as subsidiary){{cite news|last1=White|first1=Ronald|title=A-Mark Precious Metals may profit from increased awareness|url=http://www.latimes.com/business/la-fi-stock-spotlight-amark-20140707-story.html|accessdate=24 June 2017|work=Los Angeles Times|date=6 Jul 2014}}

| foundation = 1965
2014 (as public company)

| founder = Steven Markoff

| location = 2121 Rosecrans Avenue, Suite 6300, El Segundo, CA 90245{{cite web|title=About A-Mark|url=https://www.amark.com/about-amark|website=A-Mark Precious Metals, Inc.|accessdate=24 June 2017}}

| industry = Metals

| products =

| num_employees = {{Steady}} 218 (2021)

| key_people = Gregory Roberts (CEO)

Thor Gjerdrum (President)

| owners = Publicly held

| slogan =

| revenue = {{Increase}} US$7.6 billion

| revenue_year = 2021

| operating_income = {{Increase}} US$193 million (2021)

| net_income = {{Increase}} US$160 million (2021)

| subsid = Collateral Finance Corporation (CFC)
Goldline International
JM Bullion

| homepage = {{URL|https://www.amark.com/}}

| footnotes =

}}

A-Mark Precious Metals (founded in 1965 as A Mark Coin Company) 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 {{SS|Gairsoppa}}. A-Mark is traded on Nasdaq and is a Fortune 500 company as of 2021.{{Cite web |title=A-Mark Precious Metals {{!}} 2021 Fortune 500 |url=https://fortune.com/company/a-mark-precious-metals/fortune500/ |access-date=2022-04-02 |website=Fortune |language=en}}

History

Greg Manning Auctions Inc. bought a majority stake in A-Mark for $16 million in 2005.{{Cite news|url=https://www.latimes.com/archives/la-xpm-2005-jul-19-fi-manning19-story.html|title=Greg Manning Auctions Buys A-Mark|date=2005-07-19|work=Los Angeles Times|access-date=2019-05-21|language=en-US|issn=0458-3035}} Thereafter, the firm changed its name to Escala Group,{{Cite web|url=https://www.sec.gov/litigation/complaints/2009/comp20965.pdf|title=UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK|website=Sec. Gov}} then to Spectrum Group International Inc.{{Cite web|url=https://investorshub.advfn.com/~/Spectrum-Group-International-Inc-SPGZ-6709/|title=Spectrum Group International Inc SPGZ Board|website=Investors Hub|language=en|access-date=2019-05-21}} In 2009, it purchased the remainder of A-Mark. In 2014, Spectrum spun off A-Mark so that it could be publicly traded. A-Mark acquired Goldline International in 2017.{{Citation needed|date=April 2022}}

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%.{{Cite web |title=What Is The Ownership Structure Like For A-Mark Precious Metals, Inc. (NASDAQ:AMRK)? |url=https://finance.yahoo.com/news/ownership-structure-mark-precious-metals-123937506.html |access-date=2022-04-02 |website=finance.yahoo.com |language=en-US}}

= 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:{{Cite web |title=AMRK.O - A-Mark Precious Metals Inc Financials {{!}} Reuters |url=https://www.reuters.comundefined/ |access-date=2022-04-02 |website=www.reuters.comundefined |language=en }}{{Dead link|date=June 2022 |bot=InternetArchiveBot |fix-attempted=yes }}

class="wikitable"

!Data

!2017

!2018

!2019

!2020

!2021

Net revenue (in million)

|$6,989

|$7,606

|$4,783

|$5,416