OMCC - Old Market Capital... Stock Analysis | Stock Taper
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Old Market Capital Corporation

OMCC

Old Market Capital Corporation NASDAQ
$4.94 0.00% (+0.00)

Market Cap $33.54 M
52w High $6.84
52w Low $2.72
P/E -11.23
Volume 5
Outstanding Shares 6.79M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $3.16M $2.3M $-752K -23.81% $-0.11 $146K
Q1-2026 $3.03M $3.84M $-748K -24.65% $-0.11 $-62K
Q4-2025 $3.27M $4.35M $-1.03M -31.63% $-0.15 $-190K
Q3-2025 $3.22M $3.63M $-124K -3.85% $-0.02 $192K
Q2-2025 $3.35M $4.22M $-451K -13.47% $-0.07 $-329K

What's going well?

The company is cutting operating expenses aggressively, which improved EBITDA and narrowed operating losses a bit. Revenue is holding steady and even grew slightly this quarter.

What's concerning?

Gross margins collapsed, meaning it now costs much more to make and deliver products. The company is still losing money, and the bottom line hasn't improved despite cost cuts.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $19.78M $81.07M $15.18M $53.78M
Q1-2026 $22.03M $78.92M $12.55M $52.47M
Q4-2025 $24.52M $77.67M $10.65M $53.14M
Q3-2025 $27.13M $79.49M $25.55M $53.94M
Q2-2025 $29.48M $80.28M $24.07M $52.67M

What's financially strong about this company?

OMCC has far more cash than debt, a high current ratio, and most assets are tangible. Equity is strong and the company has a long record of profits.

What are the financial risks or weaknesses?

Cash is down and debt is rising, though still at safe levels. Inventory buildup and higher payables could signal some operational pressures.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $-802K $-133K $-4.75M $1.79M $-2.26M $-4.9M
Q1-2026 $-786K $912K $-3.71M $847K $-1.96M $-2.82M
Q4-2025 $-933K $-755K $-1.94M $-13K $-2.62M $-2.94M
Q3-2025 $-440K $-592K $-2.19M $841K $-1.94M $-2.88M
Q2-2025 $-174K $-116K $-5.44M $-5.63M $-11.18M $-3.69M

What's strong about this company's cash flow?

Non-cash losses make up most of the reported net loss, so actual cash burn from operations is smaller than it looks. The company still has nearly $20 million in cash on hand.

What are the cash flow concerns?

Cash burn is accelerating, especially after capital spending. OMCC is relying on new debt to fund its operations, and working capital changes are draining more cash each quarter.

Revenue by Products

Product Q1-2026Q2-2026
Fiber Internet Services
Fiber Internet Services
$0 $0
Other Revenue
Other Revenue
$0 $0
Product and Service Other
Product and Service Other
$0 $0

5-Year Trend Analysis

A comprehensive look at Old Market Capital Corporation's financial evolution and strategic trajectory over the past five years.

+ Strengths

OMCC’s key strengths today include a much cleaner balance sheet, with low leverage and strong liquidity, and a focused strategic direction anchored in broadband infrastructure. Through Amplex, the company holds a meaningful position in underserved rural markets, offering differentiated fiber and wireless services backed by local relationships and a customer-friendly reputation. Access to long-term development funding and prior experience operating profitably suggest that, under the right conditions, the business could again sustain positive earnings and cash flow.

! Risks

Major risks center on execution and financial sustainability during the transition. Revenues have fallen sharply from historical levels, profitability is negative, and cash flows from operations are weak, forcing reliance on external capital while heavy investments are made. The rapid shift from financial services to broadband introduces integration and learning-curve risk, while the company remains small relative to national telecom competitors that could expand into its markets. Erosion of retained earnings and equity also leaves less cushion if the new strategy takes longer than expected to pay off.

Outlook

OMCC appears to be in the early-to-middle stages of a strategic turnaround. The broadband-focused model has clear tailwinds—growing demand for high-speed rural internet and supportive financing programs—but the financial statements show that the benefits have not yet fully materialized. In the near term, investors should expect continued investment, pressure on margins, and volatile cash flows as fiber and network projects ramp. Over the medium term, the outlook will depend on the company’s ability to translate its local advantages and infrastructure spending into durable revenue growth, improving profitability, and steadier cash generation, all while maintaining balance sheet discipline.