A-Mark Precious Metals, Inc. (AMRK) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to AMARC Precious Metals Conference call for the fiscal fourth quarter and full year ended June 30, 2025. My name is John and I will be your operator this afternoon. Before this call, AMARC issued its results for the fiscal fourth quarter and full year 2025 in a press release, which is available in the investor relations section of the company's website at www.amarc.com. You can find the link to the Investor Relations section at the top of the homepage. Joining us for today's call are AMARC CEO Greg Roberts, President Thor Dirdrum, and CFO Carrie Dixon. Following their remarks, we will open the call to your questions. Then, before we conclude the call, I'll provide the necessary cautions regarding the forward-looking statements made by management during this call. I would like to remind everyone that this call is being recorded and will be made available for replay via a link available in the investor relations section of AMARC's website. Now, I would like to turn the call over to AMARC's CEO, Mr. Greg Roberts. Sir, please proceed. Thank you, John, and good afternoon to everyone. Thanks once again for joining our call. As we reported in our earnings release today, our fourth quarter and fiscal year 2025 results underscore the ability of our fully integrated platform to generate positive results during challenging market conditions. Despite the ongoing uncertainty in the physical markets, which has led to increased supply and range bound premium spreads, we reported 17.3 million of net income non-GAAP adjusted net income before provision for income taxes of $53.1 million, non-GAAP earnings before interest taxes depreciation amortization of $64.4 million, and diluted EPS of 71 cents per share for our fiscal year 2025. For the fourth quarter o...