{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-022210","form_type":"8-K","ticker":"OMCC","cik":"0001000045","company_name":"OLD MARKET CAPITAL Corp","filed_at":"2022-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.109114+00:00","generated_at":"2026-06-22T06:26:39.327040+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nicholas Financial reports Q2 net loss of $3.2M; charge-offs surge to 12.4%","bullets":["Net loss of $3.2M ($0.44 diluted EPS loss) vs net income of $1.6M ($0.21 EPS) YoY.","Interest and fee income $12.2M, down 2.6% YoY; provision for credit losses up 538% to $8.9M.","Net charge-off rate rose to 12.4% from 4.9% YoY, driven by portfolio normalization.","Originations in new contracts purchased rose 1.1% vs last year; portfolio yield declined to 27.4%.","CEO emphasizes focus on servicing portfolio, reducing expenses, and regaining profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-022210","json":"https://secwatch.observer/filing/0000950170-22-022210.json","markdown":"https://secwatch.observer/filing/0000950170-22-022210.md","text":"https://secwatch.observer/filing/0000950170-22-022210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000045/000095017022022210/0000950170-22-022210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000045/000095017022022210/nick-20221104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T06:26:39.327040+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"147f8af6bada2dabf45a961aec3c4084e2b504fb","claim":"OLD MARKET CAPITAL Corp reported the six months ended September 30, 2022 results: revenue $24.3 million, net income net loss of $4.9 million, EPS $0.68.","evidence_excerpt":"September 30, 2022 as compared to net income per share of $0.44 for the six months ended September 30, 2021. Interest and fee income on finance receivables decreased 3.4% to $24.3 million for the six months ended September 30, 2022 as compared to $25.2 million for the six months ended September 30, 2021. Provision for credit losses increased 490.6% to $12.6","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000045/000095017022022210/0000950170-22-022210-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended September 30, 2022"},{"label":"Revenue","value":"$24.3 million"},{"label":"Net income","value":"net loss of $4.9 million"},{"label":"EPS","value":"$0.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c6b03120408885286ec5102d4497c06228a6b490","claim":"OLD MARKET CAPITAL Corp reported the three months ended September 30, 2022 results: revenue $12.2 million, net income net loss of $3.2 million, EPS $0.44.","evidence_excerpt":"30, 2022 as compared to diluted net income per share of $0.21 for the three months ended September 30, 2021. Interest and fee income on finance receivables decreased 2.6% to $12.2 million for the three months ended September 30, 2022 as compared to $12.6 million for the three months ended September 30, 2021. Provision for credit losses increased 538.4% to $8.9","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000045/000095017022022210/0000950170-22-022210-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$12.2 million"},{"label":"Net income","value":"net loss of $3.2 million"},{"label":"EPS","value":"$0.44"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}