Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 328

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 328
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 three months ended December 31, 2024 increased by 4,724 tickets, or 18.7% to 29,986 tickets from 25,262 tickets in 2023.

61

    in thousands, except performance metrics

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Revenues
     
    $
    4,400,329
     
    (a)

    100.000
    %

    $
    3,867,256
     
    (b)

    100.000
    %

    $
    533,073

    13.8
    %

    Performance Metrics

    Gold ounces sold

    618,000

    712,000

    (94,000
    )

    (13.2
    %)

    Silver ounces sold

    33,370,000

    50,166,000

    (16,796,000
    )

    (33.5
    %)

    Wholesale Sales ticket volume

    59,641

    47,306

    12,335

    26.1
    %

(a)Revenues are presented net of inter-segment transactions with the Direct-to-Consumer segment that totaled $785.6 million. This segment’s gross sales before eliminations of inter-segment activity totaled $5.186 billion.

(b)Revenues are presented net of inter-segment transactions with the Direct-to-Consumer segment that totaled $481.6 million. This segment’s gross sales before eliminations of inter-segment activity totaled $4.349 billion.

Revenues for the six months ended December 31, 2024 increased $533.1 million, or 13.8%, to $4.400 billion from $3.867 billion in 2023. Excluding an increase in forward sales of $384.7 million, our revenues increased $148.4 million, which was due to a decrease in gold and silver ounces sold, partially offset by higher average selling prices of gold and silver.

Gold ounces sold for the six months ended December 31, 2024 decreased 94,000 ounces, or 13.2%, to 618,000 ounces from 712,000 ounces in 2023. Silver ounces sold for the