What does OMCC's latest earnings report reveal about its financial health?
4/5/2025 03:16pm
Old Market Capital's (NASDAQ: OMCC) latest earnings report for Q3 2025 reveals a company struggling with significant financial losses and declining revenue. Here are the key takeaways:
1. **Net Income and Revenue**: The company reported a net loss of $186,000 and total revenue of $2.97 million for the quarter.
|code|Ticker|Name|Date|Total Revenue|Net Income|market_code|
|---|---|---|---|---|---|---|
|OMCC|OMCC.O|Old Market|2024 Q4|3870000|-211000|185|
|OMCC|OMCC.O|Old Market|2025 Q1|489000|-3489000|185|
|OMCC|OMCC.O|Old Market|2025 Q2|2958000|-174000|185|
|OMCC|OMCC.O|Old Market|2025 Q3|2968000|-186000|185|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|OMCC|OMCC.O|Old Market|2025 Q1|-333.3333333333333|-0.49|185|
|OMCC|OMCC.O|Old Market|2025 Q2|95.13888888888889|-0.07|185|
|OMCC|OMCC.O|Old Market|2025 Q3|97.5|-0.04|185|
2. **Earnings Per Share (EPS)**: The diluted EPS was -$0.04, which represents a 97.5% year-over-year decline. This indicates a substantial deterioration in profitability.
|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|OMCC|OMCC.O|Old Market|2024 Q4|98.6643033487371|-55.46605293440736||185|
|OMCC|OMCC.O|Old Market|2025 Q1|-324.2287917737789||-333.3333333333333|185|
|OMCC|OMCC.O|Old Market|2025 Q2|98.34048640915594||95.13888888888889|185|
|OMCC|OMCC.O|Old Market|2025 Q3|98.40493954206329||97.5|185|
3. **Financial Health Indicators**: The company's negative net margin of 136.41% highlights its inability to generate profit from operations. This is a critical concern for investors as it suggests the company is losing significantly more than it is generating.
4. **Comparative Performance**: When compared to other companies in the same industry, such as Old Republic International Corp (NYSE: ORI), which reported an EPS of $0.90 for Q4 2024, OMCC's EPS of -$0.04 indicates a stark contrast in financial performance.
5. **Market Reaction**: The stock's post-market percentage change on April 4, 2025, was 0%, and the trading volume was 118 shares. This lack of movement and low trading volume suggests investor apathy or skepticism about the company's future prospects.
|code|Ticker|Name|Date|Post-Market Percentage Change|market_code|
|---|---|---|---|---|---|
|OMCC|OMCC.O|Old Market|20250404|0|185|
|code|Ticker|Name|Date|Post-Market Trading Volume|market_code|
|---|---|---|---|---|---|
|OMCC|OMCC.O|Old Market|20250404|118|185|
In conclusion, OMCC's latest earnings report paints a picture of a company in deep financial distress, with significant losses, declining revenue, and a deteriorating profitability trend. The company's financial health appears to be a major concern for investors.