Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 151

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 151
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1.9
    %

Interest expense for the three months ended December 31, 2024 increased $0.2 million, or 1.9%, to $10.4 million from $10.2 million in 2023. The increase in interest expense was primarily due to: (i) an increase of $0.6 million associated with our Trading Credit Facility due to increased borrowings, (ii) an increase of $0.5 million from liabilities on borrowed metals, (iii) an increase of $0.2 million related to product financing arrangements, partially offset by (iv) a decrease of $1.1 million related to the AMCF Notes (including amortization of debt issuance costs) due to their repayment in December 2023.

    in thousands

    Six Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest expense
     
    $
    (20,350
    )

    (0.373
    %)

    $
    (19,991
    )

    (0.438
    %)

    $
    359

    1.8
    %

57

Interest expense for the six months ended December 31, 2024 increased $0.4 million, or 1.8%, to $20.4 million from $20.0 million in 2023. The increase in interest expense was primarily due to: (i) an increase of $1.3 million associated with our Trading Credit Facility due to increased borrowings as well as an increase in the weighted-average effective interest rate, (ii) an increase of $0.9 million related to product financing arrangements, and (iii) an increase of $0.7 million from liabilities on borrowed metals, partially offset by (iv) a decrease of $2.5 million related to the AMCF Notes (including amortization of debt issuance costs) due to their repayment in December 2023.

Earnings (Losses) from Equity Method Investments

    in thousands

    Three Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Earnings (losses) from equity method investments
     
    $
    (2,410
    )

    (0.088
    %