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 the second quarter of 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 [3][4] - Net revenues were $29.5 million, up 10% from $26.8 million in the previous year [3][4] - Operating income increased by 8% to $8.8 million, with an operating profit margin of 29.9% [3][4][9] - Net income rose to $7.3 million, reflecting an 8% increase compared to $6.7 million in the prior year [3][4][9] - Diluted earnings per share (EPS) increased by 7% to $0.60, while adjusted diluted EPS rose by 8% to $0.92 [3][4][9] Revenue Breakdown - OTC Link revenues grew by 19% to $6.4 million, driven by elevated trading volumes [3][4][9] - Market Data Licensing revenues increased by 14% to $12.3 million, with professional user revenues up 28% [3][4][9] - Corporate Services revenues saw a 3% increase to $11.7 million, supported by price increases and a higher number of subscribers [3][4][9] Operational Highlights - The company launched the OTCID Basic Market on July 1, 2025, enhancing trading opportunities for public companies [2] - Average daily trades increased significantly to approximately 63,000, compared to about 35,000 in the prior year [4][9] - The company returned $2.2 million to shareholders in the form of dividends during the quarter [4] Shareholder Returns - A quarterly cash dividend of $0.18 per share was declared, payable on September 18, 2025 [5] - The company has a stock buyback program authorized for up to 300,000 shares, although no shares were repurchased in the second quarter of 2025 [6]