Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 333

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 333
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 ended December 31, 2024 increased $0.6 million, or 15.4%, to $4.1 million from $3.6 million in 2023. The overall increase is primarily due to: (i) a $0.5 million increase in interest income earned from spot deferred trade orders and (ii) a $0.2 million increase in interest and fees earned related to margin orders.

63

    in thousands

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest income
     
    $
    8,139

    0.185
    %

    $
    6,981

    0.181
    %

    $
    1,158

    16.6
    %

Interest income for the six months ended December 31, 2024 increased $1.2 million, or 16.6%, to $8.1 million from $7.0 million in 2023. The overall increase was primarily due to: (i) a $1.0 million increase in interest income earned from spot deferred trade orders and (ii) a $0.5 million increase in interest and fees earned related to margin orders.

Interest Expense — Wholesale Sales & Ancillary Services 

    in thousands

    Three Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest expense
     
    $
    (8,075
    )

    (0.372
    %)

    $
    (6,960
    )

    (0.407
    %)

    $
    1,115

    16.0
    %

Interest expense for the three months ended December 31, 2024 increased $1.1 million, or 16.0%, to $8.1 million from $7.0 million in 2023. The overall increase was primarily due to: (i) an increase of $1.0 million in connection with our Trading Credit Facility due to increased borrowings, (ii) an increase of $0.5 million from liabilities on borrowed metals, and (iii) a decrease in inter-segment eliminations related to the DTC