Nicholas Financial(NICK) - 2026 Q1 - Quarterly Results

Revenue Growth - Total revenue for the three months ended June 30, 2025, was $3.034 million, a 520.4% increase compared to $489,000 in the same period of 2024[12] - Wireless Internet Services revenue increased to $1.672 million from $319,000, while Fiber Internet Services revenue rose to $930,000 from $106,000[5] Net Loss and Earnings - Net loss attributable to common shareholders from continuing operations was $748,000, significantly improved from a loss of $3.302 million in the prior year[6] - Basic and diluted net loss per share from continuing operations was $0.12, compared to $0.79 in the same quarter of 2024[6] - Adjusted EBITDA for the telecommunications segment was $665,000, a 227.9% increase from a loss of $520,000 in the previous year[12] Subscriber Changes - Fixed wireless subscribers decreased by 7.7% to 8,400, while fiber subscribers increased by 29.7% to 4,800[12] - Amplex's total broadband subscribers increased to 13,200, with a 30% rise in fiber subscribers since June 30, 2024[15] Expenses and Assets - Depreciation and amortization expenses surged 615% to $572,000, attributed to ongoing installations in the fiber optic business[12] - Total assets as of June 30, 2025, were $78.925 million, up from $77.672 million as of March 31, 2025[9] Government Support - The company has drawn a total of $1.5 million under a government loan agreement to support fiber build-out in Ohio[16]