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

Core Insights - OTC Markets Group Inc. reported strong financial results for the third quarter of 2025, with significant growth in revenues and net income compared to the same period in 2024 [1][4]. Financial Performance - Gross revenues reached $31.6 million, reflecting a 15% increase year-over-year [4][8]. - Operating income was $10.6 million, up 23% from the previous year [4][8]. - Net income increased to $8.6 million, a 15% rise compared to the prior year, with diluted GAAP EPS of $0.71, up 16% [4][5]. - Adjusted diluted earnings per share rose to $1.06, marking a 19% increase [8][17]. Revenue Breakdown - OTC Link revenues increased by 23% to $6.4 million, driven by elevated trading volumes [3][8]. - Market Data Licensing revenues grew by 15% to $12.5 million, with professional user revenues increasing by 30% [3][8]. - Corporate Services revenues rose by 12% to $12.7 million, bolstered by the launch of OTCID and improved sales [3][8]. Operating Expenses - Operating expenses increased by 8% to $17.9 million, primarily due to higher compensation and benefits, professional fees, and IT infrastructure costs [8][3]. Shareholder Returns - The company returned $2.2 million to shareholders in the form of dividends during the quarter [4]. - A special dividend of $1.75 per share and a quarterly dividend of $0.18 per share were announced [6]. Market Position - As of September 30, 2025, there were 553 OTCQX and 1,097 OTCQB companies, with 19 companies graduating to a national securities exchange during the quarter [4][8]. - The average daily trades increased to approximately 59,000, up from about 35,000 in the prior year [4].