Nicholas Financial (NICK) files Amplex Electric financials; FY23 revenue $10.8M, net income $992K

OLD MARKET CAPITAL Corp

Acquired 51% of Amplex Electric for $18.4M cash on June 15, 2024; later increased to 56.5% via additional $3.0M and debt conversion.
Amplex FY2023 (Oct 31): revenue $10.79M, net income $0.99M, total assets $17.05M.
Amplex FY2022: revenue $9.47M, net income $1.16M.
Historical audited financials of Amplex for FY2023 and FY2022 provided; pro forma statements also filed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.