Third Quarter 2025 Highlights: Gross revenues of $31.6 million for the quarter, up 15% versus the prior year periodOperating income of $10.6 million for the quarter, up 23% versus the prior year periodOperating profit margin of 34.6%, versus 32.4% for the prior year periodNet income of $8.6 million, up 15% versus the prior year period, and quarterly diluted GAAP EPS of $0.71, up 16% Total cash returned to shareholders during the quarter of $2.2 million, in the form of dividendsAnnouncing special dividend of ...

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]

Second Quarter 2025 Highlights: Gross revenues of $30.5 million for the quarter, up 11% versus the prior year periodOperating income of $8.8 million for the quarter, up 8% versus the prior year periodOperating profit margin of 29.9%, versus 30.4% for the prior year periodNet income of $7.3 million, up 8% versus the prior year period, and quarterly diluted GAAP EPS of $0.60, up 7% Total cash returned to shareholders during the quarter of $2.2 million, in the form of dividendsAnnouncing third quarter 2025 div ...

Core Insights - OTC Markets Group Inc. reported financial results for the first quarter of 2025, highlighting a focus on overnight trading and the upcoming launch of the OTCID Basic Market [2][4] - The company emphasized the importance of diversified revenue streams and synergistic business lines, with notable growth in OTC Link and Market Data Licensing revenues [2][4] Financial Performance - Gross revenues reached $30.4 million, a 10% increase compared to the first quarter of 2024 [3][4] - Net revenues also increased by 10% to $29.4 million, with revenues less transaction-based expenses rising by 7% to $27.1 million [3][4] - Operating income grew by 9% to $7.3 million, while net income saw a modest increase of 1% to $6.0 million [4][5] - The operating profit margin was reported at 24.7%, slightly down from 25.0% in the previous year [4][5] Revenue Breakdown - OTC Link revenues increased by 22% to $6.6 million, driven by higher trading volumes and connectivity revenue [3][9] - Market Data Licensing revenues rose by 15% to $12.8 million, with professional user revenues increasing by 20% and non-professional user revenues by 45% [3][9] - Corporate Services revenues experienced a slight decline of 1% to $11.1 million, attributed to a lower number of companies in the markets [3][9] Shareholder Returns - The company returned $5.1 million to shareholders in the quarter, consisting of $2.2 million in dividends and $2.9 million in stock repurchases [4][6] - A quarterly cash dividend of $0.18 per share was declared, payable on June 18, 2025 [6] Market Activity - The average daily trades during the quarter were approximately 56,000, compared to about 34,000 in the prior year [4][9] - The company plans to launch OTCID in July 2025, which will replace the Pink Current Market [4][9]