Q4 2024 A-Mark Precious Metals Inc Earnings Call Transcript

Aug 29, 2024 / 08:30PM GMT
Operator

Good afternoon, and welcome to A-Mark Precious Metals conference call for the fiscal fourth quarter and full year ended June 30, 2024. My name is John, and I will be your operator this afternoon. Before this call, A-Mark issued its preliminary results for the fiscal fourth quarter and full year 2024 in a press release, which is available on the Investor Relations section of the company's website at www.amark.com. You can find the link to the Investor Relations section at the top of the homepage.

The company's results are preliminary because the company has not yet concluded its review of the valuation and related purchase accounting surrounding the increase in its investment in Silver Gold Bull, Inc. The results presented include an estimate which management believes is reasonable of the amount of the remeasurement gain associated with the SGB transaction. The remeasurement gain may be adjusted once the company finalizes its review, but management does not expect any such adjustment to exceed $5 million.

Such adjustment if it

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