secwatch.observer — SEC 8-K summary
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Issuer:     OLD MARKET CAPITAL Corp (OMCC)
CIK:        0001000045
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0000950170-22-010534
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000045/000095017022010534/0000950170-22-010534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000045/000095017022010534/nick-20220524.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-010534

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer