earnings
confidence high
sentiment negative
materiality 0.60
Old Market Capital reports FY2025 net loss of $5.1M; continuing ops loss of $8.4M
OLD MARKET CAPITAL Corp
2025-Q1 EPS reported
-$0.11
revenue$3,034,000
- Fiscal 2025 revenue from continuing ops $9.4M (vs $0 prior year) driven by acquisition of Amplex.
- Net loss attributable to common shareholders $5.1M, improving from $20.8M loss in FY2024 due to reduced discontinued ops loss.
- Continuing operations net loss $8.4M, up from $6.1M; operating expenses up 161% to $16.3M.
- Amplex added 240 subscribers since acquisition; total broadband customers now 13,000; fiber passings up 28.5%.
- Secured $21.3M RUS loan at 2% for fiber buildout, with $0.6M drawn; deferral until Oct 2027.
item 2.02item 9.01