Old Market Capital
OMCC
$5.12 0.00%
Exchange: NASDAQ | Sector: Financial Services | Industry: Financial Credit Services
Q4 2024
Published: Dec 31, 2024

Earnings Highlights

  • Revenue of $2.97M up 116.3% year-over-year
  • EPS of $-0.04 increased by 97.5% from previous year
  • Gross margin of 108.5%
  • Net income of -124.00K
  • "N/A" - N/A

Old Market Capital Corporation (OMCC) QQ4 2024 Results: Revenue Growth Amid Profitability Pressures with Strong Liquidity and Low Leverage

Executive Summary

Old Market Capital Corporation (OMCC) delivered a notable year-over-year revenue increase in QQ4 2024, supported by a strong liquidity position and very modest leverage. Reported revenue of 2.97 million USD and gross profit of 3.22 million USD produced an unusual gross margin metric that warrants scrutiny, as gross profit appears to exceed revenue on the reported numbers. The company posted a net loss of 124 thousand USD in QQ4 2024, with an operating loss of 895 thousand USD and a negative EPS of -0.04. Despite profitability headwinds, OMCC maintains robust liquidity metrics (current and quick ratios both at 9.89, cash ratio 8.80) and a conservative debt profile (total debt to capitalization ~6.57%). Operating cash flow was negative (-0.59 million USD), while free cash flow was deeply negative (-2.88 million USD), reflected by a material cash outflow from investing activities and a small positive financing inflow. The balance sheet supports a sizable cash cushion against limited near-term debt obligations, but the current period’s bottom-line deterioration underscores the need for improving operating efficiency and/or a revenue mix that translates into sustainable profitability. Management commentary from the quarter is not included in the provided data, limiting the ability to confirm strategic pivots or guidance. Investors should monitor top-line growth elasticity, cost discipline, and any capital allocation actions that could shift the margin and cash flow trajectory.

Key Performance Indicators

Revenue

2.97M
QoQ: -11.27% | YoY:116.29%

Gross Profit

3.22M
1.08% margin
QoQ: -3.74% | YoY:117.67%

Operating Income

-895.00K
QoQ: N/A | YoY:N/A

Net Income

-124.00K
QoQ: 72.51% | YoY:98.94%

EPS

-0.04
QoQ: 42.86% | YoY:97.50%

Revenue Trend

Margin Analysis

Key Insights

Revenue: 2,968,000 USD in QQ4 2024; YoY +116.29%, QoQ -11.27%. Gross Profit: 3,220,000 USD; YoY +117.67%, QoQ -3.74%; Gross Margin reported at 108.49% (note: margin pricing appears anomalous due to negative cost inputs in the data). Operating Income: -895,000 USD; Margin -30.15%. Net Income: -124,000 USD; Margin -4.18%; EPS: -0.04 (diluted -0.04). Cash flow: Operating cash flow -592,000 USD; Free Cash Flow -2,880,000 USD. Net cash from investing activities -2,192,000 USD; Net cash from financing...

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 3.03 -0.11 +11.8% View
Q4 2024 2.97 -0.04 +116.3% View
Q3 2024 3.35 -0.07 +0.0% View
Q2 2024 0.49 -0.49 +0.0% View
Q1 2024 2.71 -0.19 -64.0% View