Nicholas Financial reports $3M net income, considers capital deployment beyond subprime lending

OLD MARKET CAPITAL Corp

Net income of $3.0M for FY2022; book value per share rose 3.2% to $15.42.
Receivables per equity $1.45; board targets $2-3, implying ~$49M excess equity capital.
Past public securities investments yielded $1.8M gain; board open to further investments outside subprime lending.
Share repurchases and acquisitions of related/unrelated businesses considered for excess capital, subject to lender approval.
Interim CEO Mike Rost leading NFI turnaround; nationwide search for permanent NFI President underway.

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