Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 155

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 155
---
 taxes
     
    $
    1,250

    0.058
    %

    $
    10,749

    0.629
    %

    $
    (9,499
    )

    (88.4
    %)

    Performance Metrics:

    Gold ounces sold(1)

    346,000

    334,000

    12,000

    3.6
    %

    Silver ounces sold(2)

    17,410,000

    22,809,000

    (5,399,000
    )

    (23.7
    %)

    Wholesale Sales ticket volume(3)

    29,986

    25,262

    4,724

    18.7
    %

(a)Revenues are presented net of inter-segment transactions with the Direct-to-Consumer segment that totaled $464.6 million. This segment’s gross sales before eliminations of inter-segment activity totaled $2.638 billion.

(b)Revenues are presented net of inter-segment transactions with the Direct-to-Consumer segment that totaled $253.3 million. This segment’s gross sales before eliminations of inter-segment activity totaled $1.961 billion.

(c)Gross profit percentage before elimination of inter-segment sales to the Direct-to-Consumer segment was 0.751% for the period.

(d)Gross profit percentage before elimination of inter-segment sales to the Direct-to-Consumer segment was 1.134% for the period.

(1)Gold ounces sold represents the ounces of gold product sold and delivered to the customer during the period, excluding ounces of gold recorded on forward contracts.

(2)Silver ounces sold represents the ounces of silver product sold and delivered to the customer during the period, excluding ounces of silver recorded on forward contracts.

(3)Wholesales Sales ticket volume represents the total number of product orders processed.

60

Overview of Results of Operations for the Six Months Ended December 31, 2024 and 2023

— Wholesale Sales & Ancillary Services Segment

The operating results of our Wholesale Sales & Ancillary Services segment were as follows (in thousands, except performance metrics data):

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Revenues
     
    $