---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-079651"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-05-31T23:53:04.393506+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial Q4 net loss narrows to $1.3M; acquires 51% of Amplex Electric for $11.6M

## Summary
- Net loss of $1.3M ($0.19 dil EPS) for quarter ended Mar 31, 2024 vs $15.8M ($2.18) a year ago.
- Full-year net loss $20.8M ($2.86 dil EPS) vs $34.1M ($4.65) in fiscal 2023.
- Acquired 51% of Amplex Electric for $11.56M cash on June 15, 2024; paid additional $3M for extra shares.
- Loan portfolio sale to Westlake Financial in progress; recorded $17.3M valuation allowance on finance receivables held for sale.
- Interest and fee income fell 55.5% to $3.9M for Q4; loan originations discontinued.

## SEC filing metadata
- accession: 0000950170-24-079651
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1000045/000095017024079651/0000950170-24-079651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017024079651/nick-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-079651
- JSON: https://secwatch.observer/filing/0000950170-24-079651.json
- Plain text: https://secwatch.observer/filing/0000950170-24-079651.txt

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