OTC Markets Group Reports Second Quarter 2025 Financial Results Delivering Revenue, Operating Income, and Earnings Growth

Core Insights - OTC Markets Group Inc. reported strong financial results for Q2 2025, with significant growth in revenues and net income compared to the same period in 2024 [3][4][9] Financial Performance - Gross revenues reached $30.5 million, an increase of 11% year-over-year [4][9] - Net revenues were $29.5 million, up 10% from $26.8 million in Q2 2024 [3][4] - Operating income increased to $8.8 million, reflecting an 8% growth compared to the previous year [4][9] - Net income for the quarter was $7.3 million, an 8% increase from $6.7 million in Q2 2024, with diluted GAAP EPS rising to $0.60, up 7% [4][5][9] Revenue Breakdown - OTC Link revenues grew by 19% to $6.4 million, driven by elevated trading volumes [3][9] - Market Data Licensing revenues increased by 14% to $12.3 million, with professional user revenues rising by 28% [3][9] - Corporate Services revenues saw a 3% increase to $11.7 million, supported by price increases and a higher number of companies subscribing to services [3][9] Operating Expenses - Operating expenses rose by 8% to $18.4 million, primarily due to increases in compensation, professional fees, and IT infrastructure costs [4][9] Shareholder Returns - The company returned $2.2 million to shareholders in the form of dividends during the quarter [4] - A quarterly cash dividend of $0.18 per share was declared, payable on September 18, 2025 [6] Market Developments - The successful launch of the OTCID Basic Market on July 1, 2025, is expected to enhance trading efficiency and transparency for public companies [2] - The company had 556 OTCQX and 1,073 OTCQB companies at the end of the quarter, with 18 companies graduating to a national securities exchange [4][9]