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 periodβs 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
QoQ: -11.27% | YoY:116.29%
QoQ: -3.74% | YoY:117.67%
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...
Financial Highlights
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 activities +841,000 USD; Net change in cash -1,944,000 USD; Cash at end of period 27,531,000 USD; Cash at beginning of period 29,475,000 USD. Balance sheet/Liquidity: Current ratio 9.89; Quick ratio 9.89; Cash ratio 8.80. Leverage and profitability metrics: Debt to capitalization 0.0657; Debt ratio 0.0478; Price-to-book 0.796; Price-to-sales 14.46; Price-to-earnings negative (-86.53). Asset turnover 0.0373; Receivables turnover 2.87; DSO 31.38 days; CFO per share -0.0886; FCF per share -0.431; Cash per share 4.06.
Income Statement
Metric |
Value |
YoY Change |
QoQ Change |
Revenue |
2.97M |
116.29% |
-11.27% |
Gross Profit |
3.22M |
117.67% |
-3.74% |
Operating Income |
-895.00K |
N/A |
N/A |
Net Income |
-124.00K |
98.94% |
72.51% |
EPS |
-0.04 |
97.50% |
42.86% |
Key Financial Ratios
operatingProfitMargin
-30.2%
operatingCashFlowPerShare
$-0.09
freeCashFlowPerShare
$-0.43
priceEarningsRatio
-86.53
Management Commentary
Note: There is no earnings call transcript data provided in the input. Consequently, transcript highlights and management quotes cannot be extracted or quoted. If a transcript becomes available, we would group insights by themes (strategy, operations, market conditions) and tie quotes to specific quarterly data points, including any guidance, cost initiatives, or reframing of the business model.
Forward Guidance
No forward guidance from management is present in the provided data. Given the revenue uptick versus the prior year and robust liquidity, the key questions for investors are: (1) Will OMCC translate top-line growth into sustainable earnings power through margin expansion or cost discipline? (2) Can the company convert operating cash flow into free cash flow to support deleveraging or capital allocation? (3) Are there non-recurring items driving the one-quarter revenue/gross profit deltas, or is there a structural change in the business model? Monitoring the trajectory of revenue mix, operating leverage, and any management-provided targets or qualitative guidance will be essential for setting expectations over the next 4β8 quarters.