Old Market Capital (OMCC) AI Stock Analysis

• Market Cap: $40.94M
• Dividend Yield: N/A
• Average Volume (3M): 2.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: -61.99%
• EPS Growth: 87.96%
• Country: US
• Employees: 7
• Sector: Financial
• Sector Strength: 84
• Industry: Financial - Credit Services
• EPS (TTM): -0.60
• Shares Outstanding: 6,700,000
• 10 Day Avg. Volume: 3,734
• 30 Day Avg. Volume: 2,377
• PEG Ratio: -0.13
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.29
• Enterprise Value/Market Cap: 0.28
• Enterprise Value/Revenue: -0.35
• Enterprise Value/Gross Profit: 1.18
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Old Market Capital's stock score is low due to significant financial weaknesses, including ongoing losses and liquidity issues. Technical analysis supports a bearish outlook, and valuation metrics are unfavorable with a negative P/E ratio. The company needs strategic changes to improve its financial health.

Old Market Capital Business Overview & Revenue Model

Company Description

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc. and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.

How the Company Makes Money

OMCC makes money primarily through management fees and performance-based fees from its investment management services. The company charges a percentage of assets under management (AUM) as a management fee, providing a steady revenue stream. Additionally, OMCC earns performance fees based on the investment returns achieved above a specific benchmark. The company may also generate revenue from financial consulting and advisory services through flat fees or hourly billing rates. Key partnerships with financial institutions and investment platforms can enhance its market reach and augment revenue opportunities.

Old Market Capital Financial Statement Overview

Summary

Old Market Capital faces significant financial challenges. The income statement reveals persistent losses with declining revenue. The balance sheet shows decreased assets but improved leverage. Cash flow analysis indicates negative free cash flow growth and liquidity issues.

Income Statement

The income statement reveals a concerning trend with negative net income reported in the TTM (Trailing-Twelve-Months) and annual periods, indicating significant losses. The company experienced a negative revenue growth rate over the past year, with a notable decline in total revenue from previous years. The absence of EBIT and EBITDA margins further underscores operational challenges.

Balance Sheet

The balance sheet shows a moderate level of stability with a decrease in total assets over time. The debt-to-equity ratio has improved as the company has reduced its total debt significantly. Stockholders' equity remains positive, providing a cushion against liabilities, but the equity ratio suggests a declining trend in asset backing.

Cash Flow

Cash flow analysis indicates challenges with negative free cash flow growth and a negative operating cash flow in the TTM. The company’s ability to generate cash from operations is strained, as evidenced by the negative operating cash flow to net income ratio, highlighting potential liquidity issues.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
9.52M	-2.86M	40.41M	44.41M	50.04M	53.58M
	Gross Profit
9.77M	-2.86M	40.41M	44.41M	50.04M	53.58M
	EBIT
-895.00K	-20.02M	0.00	0.00	0.00	0.00
	EBITDA
0.00	-19.79M	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-4.06M	-20.80M	-34.12M	3.00M	8.35M	3.47M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
27.13M	18.98M	454.00K	4.78M	22.02M	16.80M
	Total Assets
79.49M	59.84M	110.35M	183.57M	212.44M	238.82M
	Total Debt
3.80M	0.00	29.11M	62.47M	92.77M	126.91M
	Net Debt
-23.34M	-18.98M	28.66M	57.69M	70.74M	110.11M
	Total Liabilities
25.55M	996.00K	30.54M	67.18M	97.22M	131.24M
	Stockholders Equity
53.94M	58.84M	79.81M	116.39M	115.22M	107.58M
Cash Flow		Free Cash Flow
-6.58M	1.81M	-2.24M	2.17M	13.79M	10.36M
	Operating Cash Flow
-353.00K	1.83M	-2.18M	3.49M	14.40M	10.48M
	Investing Cash Flow
24.86M	45.80M	29.89M	3.86M	30.08M	-3.68M
	Financing Cash Flow
-4.79M	-29.10M	-32.03M	-35.55M	-36.19M	-19.77M

Old Market Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.11
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMCC, the sentiment is Positive. The current price of 6.11 is above the 20-day moving average (MA) of 5.64, above the 50-day MA of 5.98, and above the 200-day MA of 6.09, indicating a bullish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 57.44 is Neutral, neither overbought nor oversold. The STOCH value of 80.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OMCC.

Old Market Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.82B	9.83	7.68%	17000.34%	12.38%	-5.56%
MCVT	62 Neutral	$10.97M	9.45	6.42%	―	-7.31%	―
LMFA	47 Neutral	$8.57M	―	-40.46%	―	-44.09%	-64.95%
NISN	46 Neutral	$21.08M	8.46	0.46%	―	-12.05%	-87.87%
OMCC	39 Underperform	$40.94M	―	-12.75%	―	-61.99%	87.96%
AIHS	36 Underperform	$9.86M	―	-408.12%	―	-44.34%	27.19%
PT	33 Underperform	$14.66M	―	20.04%	―	-34.85%	83.43%

Old Market Capital Corporate Events

Old Market Capital Secures $21.3M Broadband Expansion Loan

Old Market Capital Corporation has announced that its subsidiary, Amplex Electric, Inc., received approval for a $21.3 million loan from the USDA’s Rural Development Broadband ReConnect Program. The loan, which must be drawn by October 2029, will fund the expansion of fiber broadband in Ottawa and Sandusky County, Ohio. This strategic move aligns with Old Market Capital’s shift from consumer finance to a holding company focusing on broadband and other sectors.