Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 312

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 312
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 )

    (17.9
    %)

    Inventory turnover ratio(4)

    2.2

    1.9

    0.3

    15.8
    %

    Number of secured loans at period end(5)

    518

    715

    (197
    )

    (27.6
    %)

(1)See "Results of Segments" for a description of additional metrics not listed above.

(2)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.

(3)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.

(4)Inventory turnover ratio is the cost of sales divided by average inventory for the period presented above. This calculation excludes precious metals held under financing arrangements, which are not classified as inventory on the condensed consolidated balance sheets.

(5)Number of outstanding secured loans to customers that are primarily collateralized by precious metals at the end of the period.

53

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

The operating results of our business were as follows (in thousands, except per share and performance metrics data):

    Six Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Revenues
     
    $
    5,457,441

    100.000
    %

    $
    4,563,433

    100.000
    %

    $
    894,008

    19.6
    %

    Gross profit

    88,210

    1.616
    %

    95,446

    2.092
    %

    $
    (7,236
    )

    (7.6
    %)

    Selling, general, and administrative expenses

    (52,371
    )

    (0.960
    %)

    (44,241
    )

    (0.969
    %)

    $
    8,130

    18.4
    %

    Depreciation and amortization expense

    (9,348
    )

    (0.171
    %)

    (5