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 Q3 - Quarterly Results