M&A
confidence high
sentiment negative
materiality 0.80
A-Mark reports Q1 net loss of $0.9M, announces $33M acquisition of Monex Precious Metals
Gold.com, Inc.
- Q1 FY2026 revenues $3.68B (+36% YoY); gross profit $72.9M (+68%); net loss attributable $0.9M vs income $9.0M YoY.
- Diluted EPS ($0.04) vs $0.37 YoY; adjusted net income before tax $4.9M vs $14.8M.
- Acquiring Monex Precious Metals for $33M ($19M cash + $14M stock) plus up to $20M deferred consideration; close within 60 days.
- Monex generated $835M revenue in 2024, holds $630M assets under custody; CEO Michael Carabini to continue leading.
- Gold ounces sold +10% YoY; DTC new customers +25%; DTC average order value +30% to $3,863.