Old Market Capital Corporation(OMCC)
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Old Market Capital Corporation(OMCC) - 2026 Q2 - Quarterly Report
2025-11-14 21:24
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _ to _ Commission file number: 0-26680 OLD MARKET CAPITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdict ...
Old Market Capital Corporation(OMCC) - 2026 Q2 - Quarterly Results
2025-11-14 21:24
1601 Dodge St., Suite 3350 Omaha, NE 68102 Old Market Capital Contact: Charles Krebs, CFO NASDAQ: OMCC FOR IMMEDIATE RELEASE Ph # (531) 867-3496 Website: www.oldmarketcapital.com Exhibit 99.1 (Unaudited, In Thousands) | | September 30, | | | | | --- | --- | --- | --- | --- | | | 2025 | | March 31, 2025 | | | Total assets | $ | 81,068 | $ | 77,672 | | Total liabilities | | 15,167 | | 10,652 | | Redeemable noncontrolling interests | | 12,117 | | 13,880 | | Total shareholders' Equity | | 53,784 | | 53,140 | Th ...
Morning Market Movers: CIGL, UFG, FRMI, KDK See Big Swings
RTTNews· 2025-10-02 12:05
Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Concorde International Group Ltd. (CIGL) increased by 53% to $3.94 [3] - Fermi Inc. Common Stock (FRMI) rose by 13% to $36.99 [3] - Kodiak AI, Inc. (KDK) also saw a 13% increase, reaching $6.76 [3] - AngioDynamics, Inc. (ANGO) gained 12%, trading at $12.45 [3] - Angel Studios, Inc. (ANGX) was up 11% at $8.51 [3] - Spruce Biosciences, Inc. (SPRB) increased by 9% to $9.75 [3] - K Wave Media Ltd. (KWM) rose by 9% to $2.66 [3] - Shoals Technologies Group, Inc. (SHLS) saw an 8% increase, trading at $8.59 [3] - StableX Technologies, Inc. (SBLX) was up 7% at $5.65 [3] Premarket Losers - Uni-Fuels Holdings Limited (UFG) decreased by 51% to $2.42 [4] - Akanda Corp. (AKAN) fell by 13% to $2.91 [4] - Equifax Inc. (EFX) dropped 11%, trading at $224.57 [4] - TransUnion (TRU) also saw an 11% decline, reaching $73.24 [4] - Bolt Biotherapeutics, Inc. (BOLT) decreased by 11% to $4.99 [4] - Dogwood Therapeutics, Inc. (DWTX) fell by 8% to $6.50 [4] - Galaxy Payroll Group Limited (GLXG) decreased by 8% to $4.52 [4] - Old Market Capital Corporation (OMCC) dropped 7% to $5.08 [4] - Entero Therapeutics, Inc. (ENTO) fell by 7% to $3.96 [4] - Flux Power Holdings, Inc. (FLUX) decreased by 7% to $3.74 [4]
Old Market Capital Corporation(OMCC) - 2026 Q1 - Quarterly Report
2025-08-14 20:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2025 Delaware 59-2506879 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 1601 Dodge Street, Suite 3350 Omaha, Nebraska 68102 (Address of Principal Executive Offices) (Zip Code) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) O ...
Old Market Capital Corporation(OMCC) - 2026 Q1 - Quarterly Results
2025-08-14 20:00
Exhibit 99.1 1601 Dodge St., Suite 3350 Omaha, NE 68102 Old Market Capital Contact: Charles Krebs, CFO NASDAQ: OMCC FOR IMMEDIATE RELEASE Ph # (531) 867-3496 Website: www.oldmarketcapital.com Old Market Capital Announces 1 st Quarter Fiscal Year 2026 Results August 14, 2025 – Omaha, Nebraska – Old Market Capital Corporation (NASDAQ: OMCC) (the "Company", "we", "our") announced its financial results for the three months ended June 30, 2025, in connection with filing its Quarterly Report on Form 10-Q with the ...
Old Market Capital Corporation(OMCC) - 2025 Q4 - Annual Report
2025-06-27 23:52
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED MARCH 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _ to _ Commission file number: 0-26680 OLD MARKET CAPITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 59-2506879 (State or Other J ...
Old Market Capital Corporation(OMCC) - 2025 Q4 - Annual Results
2025-06-27 22:30
Old Market Capital Announces 4 th Quarter Fiscal Year 2025 Results June 27, 2025 – Omaha, Nebraska – Old Market Capital Corporation (NASDAQ: OMCC) (the "Company", "we", "our") announced its financial results for the fiscal year ended March 31, 2025, in connection with filing its Annual Report on Form 10-K with the Securities and Exchange Commission. We show summary financial data below for fiscal 2025 and 2024. Our Annual Report on Form 10-K can be found at www.oldmarketcapital.com. Old Market CC Contact: C ...
Old Market Capital Corporation(OMCC) - 2025 Q3 - Quarterly Report
2025-02-14 21:00
Table of Contents ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q FOR THE TRANSITION PERIOD FROM _ to _ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2024 OLD MARKET CAPITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 59-2506879 (State or Other Jurisdiction of Incorp ...
Old Market Capital Corporation(OMCC) - 2025 Q3 - Quarterly Results
2025-02-14 14:00
Financial Performance - The company reported a net loss attributable to common shareholders of $0.1 million for Q3 FY2025, a significant improvement from a net loss of $11.7 million in Q3 FY2024, resulting in a basic and diluted net loss per share of $0.04 compared to $1.60 in the prior year[2][4]. - For the nine months ended December 31, 2024, the company reported a net loss of $4.1 million, compared to a net loss of $20.6 million for the same period in 2023, with a basic and diluted net loss per share of $0.64 versus $2.83[4][5]. Revenue and Expenses - Total revenue for Q3 FY2025 was $2.968 million, with $3 million of revenue and $261,000 of net income attributed to Amplex Electric, Inc.[7][12]. - Total operating expenses from continuing operations increased by 106% to $3.7 million for Q3 FY2025, up from $1.8 million in Q3 FY2024, primarily due to ongoing costs associated with Amplex and restructuring activities[3]. - The company’s total operating expenses for the nine months ended December 31, 2024, rose by 145% to $12 million from $4.9 million in the same period of 2023, driven by depreciation, general and administrative expenses, and professional fees related to the acquisition of Amplex[5]. Assets and Equity - Total assets grew to $79.486 million as of December 31, 2024, up from $59.838 million at March 31, 2024[14]. - Shareholders' equity decreased to $53.940 million as of December 31, 2024, from $58.842 million at March 31, 2024[14]. - As of December 31, 2024, the book value per share was $8.11, slightly up from $8.07 at March 31, 2024[7]. Financing Activities - The company entered into a $21.3 million Reconnect Program Loan with the Federal government, drawing $0.6 million during Q3 FY2025, with a 2% annual interest rate and a three-year deferral period[6]. - Cash and cash equivalents increased to $27.132 million as of December 31, 2024, compared to $18.982 million at March 31, 2024[14].
Old Market Capital Corporation(OMCC) - 2025 Q2 - Quarterly Report
2024-11-13 21:21
Revenue and Growth - Total revenue for the three months ended September 30, 2024, was $3.0 million, a 100% increase compared to $0 for the same period in 2023[160] - Total revenue for the six months ended September 30, 2024, was $3.4 million, a significant increase from $0 in the same period in 2023, attributed to new services from the Amplex acquisition[168] Operating Expenses - The company incurred total operating expenses of $3.983 million for the three months ended September 30, 2024, representing a 148% increase from $1.609 million in the prior year[161] - General and administrative expenses increased by 61% to $2.553 million for the three months ended September 30, 2024, from $1.587 million in the same period in 2023[161] - Total operating expenses for the six months ended September 30, 2024, were $8.0 million, up from $3.1 million in the same period in 2023, reflecting the impact of the Amplex acquisition[169] - General and administrative expenses increased to $6.3 million for the six months ended September 30, 2024, compared to $3.1 million for the same period in 2023, primarily due to additional professional fees and restructuring expenses related to the acquisition of Amplex[173] Acquisition and Strategic Changes - The company acquired 51% of Amplex Electric, Inc., which serves over 9,100 fixed wireless broadband customers and over 3,500 fiber customers[155] - The acquisition of Amplex allowed the company to provide new services, including wireless internet, fiber internet, and VOIP telephone services[160] - The company closed the acquisition of 51% of Amplex for a total purchase consideration of $18.4 million, including cash payments and conversion of loans into equity[179] - The company's revenue and expenses are not comparable on a year-over-year basis due to the recent acquisitions and strategic changes[160] Depreciation and Amortization - Depreciation and amortization expenses surged to $501 thousand for the three months ended September 30, 2024, a 2177% increase from $22 thousand in the prior year[161] - Depreciation and amortization expenses rose to $595 thousand for the six months ended September 30, 2024, compared to $44 thousand for the same period in 2023, driven by increased property, plant, and equipment from the Amplex acquisition[174] Cash Flow - Net cash used in operating activities was $(553) thousand for the six months ended September 30, 2024, a decrease from $1.5 million provided in the same period in 2023[180] - Net cash provided by investing activities was $16.7 million for the six months ended September 30, 2024, compared to $23.9 million in the same period in 2023, primarily due to cash paid for the Amplex acquisition[181] Income and Losses - Loss on dissenting shareholders' liability was $1.1 million for the six months ended September 30, 2024, compared to $0 for the same period in 2023, reflecting changes in fair value of the liability[176] - Income from discontinued operations improved to $0.4 million for the six months ended September 30, 2024, compared to a loss of $5.8 million for the same period in 2023, due to decreased general and administrative expenses[177] - The company incurred an emigration tax expense of $1.7 million for the six months ended September 30, 2024, compared to $0 for the same period in 2023, related to its continuation and domestication to Delaware[175] Revenue Recognition - The company recognizes revenue primarily from wireless internet services, fiber internet services, and other services[210] - Revenue from wireless and fiber internet, VOIP services, and video streaming services is recognized ratably as performance obligations are satisfied[213] Accounting and Financial Reporting - The company accounts for business combinations using the acquisition accounting method, requiring fair value determination of identifiable assets and liabilities[195] - All acquisition-related costs, except for debt or equity issuance costs, are expensed in the period incurred[197] - The allowance for credit losses is determined using a loss-rate method based on an aging schedule and historical loss rates[199] - The company evaluates the adequacy of the allowance for credit losses regularly, adjusting as necessary based on current information[200] - The company records an estimated loss for contingencies when a loss is known or considered probable and can be reasonably estimated[202] - Fair value measurements are classified into three levels, with certain assets and liabilities recorded at fair value on a recurring or nonrecurring basis[207]