OMCC earnings analysis
What we found in OMCC's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
OMCC reported revenue of $3,159,000 for the quarter ended September 30, 2025, up $201,000 from $2,958,000 a year earlier. Operating loss narrowed to $(963,000) from $(1,263,000) a year ago and continuing-operations EPS improved to $(0.12) from $(0.22), but the company generated negative free cash flow as it invested heavily in its broadband business (PP&E additions of $8,502,000 for the six months). Balance sheet changes include a $5,576,000 decline in cash to $18,940,000 and an increase in long-term debt to $3,348,000.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Quarterly revenue increased year-over-year
- Total revenue was $3,159,000 for the three months ended September 30, 2025, up $201,000 from $2,958,000 in the prior-year quarter.
- Fiber segment strong growth
- Fiber internet services revenue increased to $1,016,000 from $773,000 (a $243,000 increase) in the prior-year quarter.
- Operating loss narrowed vs. prior year
- Loss from operations improved to $(963,000) from $(1,263,000), a $300,000 improvement compared with the three months ended September 30, 2024.
- Continuing-operations EPS improved
- Net loss per share from continuing operations was $(0.12) for the quarter vs. $(0.22) in the prior-year quarter.
- Investing to expand network — material capex
- Payments for property, plant and equipment were $8,502,000 for the six months ended September 30, 2025 (up from $3,940,000), and property, plant and equipment, net increased to $39,677,000 from $30,945,000 as of March 31, 2025.
- Operating cash flow turned positive
- Net cash provided by operating activities was $779,000 for the six months ended September 30, 2025 versus net cash used of $(532,000) in the prior-year six months.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Negative free cash flow from heavy capex
- Free cash flow was negative approximately $(7,723,000) for the six months (operating cash flow $779,000 less capex $8,502,000), indicating cash burn to fund network investment.
- Cash balance declined materially
- Cash and cash equivalents declined from $24,516,000 at March 31, 2025 to $18,940,000 at September 30, 2025, a decrease of $5,576,000.
- Increase in leverage
- Long-term debt rose to $3,348,000 at September 30, 2025 from $759,000 at March 31, 2025, an increase of $2,589,000.
- Net loss remains and discontinued ops variability
- Total net loss was $(747,000) for the quarter (net loss attributable to common shareholders $(752,000)), and income from discontinued operations declined to $50,000 from $801,000 in the prior-year quarter.
- Working capital pressure — payables increased
- Accounts payable increased to $3,070,000 at September 30, 2025 from $1,300,000 at March 31, 2025 (an increase of $1,770,000), while current assets declined by $4,879,000 (from $27,436,000 to $22,557,000).
- Redeemable noncontrolling interest decreased
- Redeemable non-controlling interest declined to $12,113,000 at September 30, 2025 from $13,880,000 at March 31, 2025 (a decrease of $1,767,000), which may affect third-party capital structure.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.12
- Operating margin
- -30.5%
- Segment
- Wireless internet services: $1,666,000 (down $98,000 vs $1,764,000 prior-year quarter)
- Segment
- Fiber internet services: $1,016,000 (up $243,000 vs $773,000 prior-year quarter)
- Segment
- Other revenue: $477,000 (up $56,000 vs $421,000 prior-year quarter)
What they said about what is next.
The MD&A in this 10-Q does not provide explicit numeric revenue or EPS guidance. Management discloses capital allocation actions (e.g., $4,500,000 additional investment in Amplex in July 2025 increasing ownership to 66.4%) and financing activity (RUS Reconnect Loan proceeds of $2,422,000), but no forward quarter/year guidance; outlook appears deferred to future earnings releases/calls.
The filing reads about the same as the one before it.
What came before.
- 10-Q · August 14, 2025
- OMCC's quarter ended June 30, 2025 was defined by the consolidation of Amplex operations: total revenue increased to $3,034,000 (Q1 FY2024: $489,000) driven by broadband service growth, while the company remained…
- 10-K · June 30, 2025
- OMCC has completed a strategic pivot from consumer finance to operate as a holding company with a controlling interest in broadband via Amplex Holdings. The company increased its ownership in Amplex to 60.9% after…
- 10-Q · February 14, 2025
- OMCC’s quarter reflects the first full contribution from the Amplex broadband acquisition: revenue was $2,968,000 for Q3 ended December 31, 2024 (vs $0 in prior-year quarter) and continuing-operations EPS improved to…
- 10-Q · November 13, 2024
- OMCC’s quarter reflects a rapid transition following the April sale of its consumer finance business and the June acquisition of Amplex. Revenue of $2,958,000 (three months ended September 30, 2024) reflects the new…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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