OMCC Reports Results
Old Market Capital (NASDAQ:OMCC), a regional broadband provider and telecom holding company operating in Ohio, reported Q1 FY2026 results on Aug. 14, 2025. The most notable news was a surge in GAAP revenue, which increased 520.4% year-over-year in Q1 FY2026, supported by the integration of Amplex, its fiber broadband business. The quarter showed a marked reduction in net loss per share (GAAP) and the company achieved positive adjusted EBITDA. No formal analyst estimates were available for comparison. The results underscore progress in transitioning from its legacy finance roots toward a telecom-centric model, although forward guidance remains absent and growth sustainability questions persist.
Old Market Capital (NASDAQ:OMCC) operates as a holding company with a controlling interest in a broadband provider and seeks additional controlling interests in other companies and sectors yet to be determined. Its core business is delivering high-speed internet and Voice over Internet Protocol (VoIP) services through Amplex, which offers both fiber optic and fixed wireless broadband primarily in Northwest and Northcentral Ohio.
The company recently completed its rebranding and restructuring after the 2024 Amplex acquisition. Its business now concentrates on expanding its fiber network, growing subscriber counts, and pursuing operational efficiencies.
Source Fool.com
