Amark Preci

NASDAQ AMRK

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Amark Preci Return on Tangible Equity (ROTE) 3 year CAGR for the year ending June 30, 2023: 0.84%

Amark Preci Return on Tangible Equity (ROTE) 3 year CAGR is 0.84% for the year ending June 30, 2023, a -99.28% change year over year. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Amark Preci Return on Tangible Equity (ROTE) for the year ending June 30, 2022 was 41.46%, a -56.36% change year over year.
  • Amark Preci Return on Tangible Equity (ROTE) for the year ending June 30, 2021 was 95.00%, a 171.35% change year over year.
  • Amark Preci Return on Tangible Equity (ROTE) for the year ending June 30, 2020 was 35.01%, a 764.18% change year over year.
  • Amark Preci Return on Tangible Equity (ROTE) for the year ending June 30, 2019 was 4.05%, a 159.57% change year over year.
NASDAQ: AMRK

Amark Preci

CEO Mr. Gregory N. Roberts
IPO Date March 17, 2014
Location United States
Headquarters 2121 Rosecrans Avenue, El Segundo, CA, United States, 90245
Employees 413
Sector Financial Services
Industry Capital markets
Description

A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products primarily through its websites. It operates various company-owned websites targeting specific niches within the precious metals retail market. This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach. The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors. It serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers. The company has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.

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StockViz Staff

September 19, 2024

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