earnings
confidence high
sentiment neutral
materiality 0.60
Old Market Capital narrows Q3 loss to $0.1M; Amplex revenue $3M, draws $0.6M from RUS loan
OLD MARKET CAPITAL Corp
2024-Q3 EPS reported
-$0.64
revenue$6,415,000
- Net loss $0.1M vs $11.7M YoY; diluted EPS -$0.04 vs -$1.60.
- Amplex revenue $3M; total operating expenses $3.7M (+106% YoY) from Amplex costs and restructuring.
- Book value per share $8.11 vs $8.07 at March 31, 2024.
- Amplex drew $0.6M from $21.3M RUS loan at 2% interest, proceeds for fiber build-out in Ohio.
- Nine-month net loss $4.1M vs $20.6M; operating expenses $12M (+145% YoY).