---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-010534"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2022-05-24T23:59:59+00:00"
generated_at: "2026-06-25T07:27:16.505296+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial Q4 net income drops 79% YoY to $0.4M; originations hit record $27.1M

## Summary
- Diluted EPS of $0.05 vs $0.24 in prior-year quarter; full-year EPS $0.39 vs $1.09.
- Interest and fee income fell 4.0% to $12.3M in Q4; full-year down 8.3% to $49.7M.
- New contract originations reached $27.1M, up 10.2% YoY and 39.3% QoQ – a historic high.
- Direct loan originations surged 127.1% YoY to $7.5M in Q4; portfolio yield improved to 27.9%.
- Finance receivables net increased by $2.9M during Q4, first growth in a long period.

## SEC filing metadata
- accession: 0000950170-22-010534
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2022-05-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000045/000095017022010534/0000950170-22-010534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017022010534/nick-20220524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-010534
- JSON: https://secwatch.observer/filing/0000950170-22-010534.json
- Plain text: https://secwatch.observer/filing/0000950170-22-010534.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.