GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Old Market Capital Corp (NAS:OMCC) » Definitions » Net Income

OMCC (Old Market Capital) Net Income : $-4.06 Mil (TTM As of Dec. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Old Market Capital Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Old Market Capital's Net Income for the three months ended in Dec. 2024 was $-0.12 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-4.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Old Market Capital's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-0.02.


Old Market Capital Net Income Historical Data

The historical data trend for Old Market Capital's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Old Market Capital Net Income Chart

Old Market Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 8.35 3.00 -34.12 -20.80

Old Market Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.66 -0.21 -3.28 -0.45 -0.12

Old Market Capital Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Old Market Capital's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-20.801+0+0+0
=-20.80

Old Market Capital's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.405+-0.06+0.279+0.062
=-0.12

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Old Market Capital  (NAS:OMCC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Old Market Capital's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Old Market Capital Net Income Related Terms

Thank you for viewing the detailed overview of Old Market Capital's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Old Market Capital Business Description

Traded in Other Exchanges
N/A
Address
1601 Dodge Street, Suite 3350, Omaha, NE, USA, 68102
Old Market Capital Corp formerly Nicholas Financial Inc is a specialized consumer finance company. It is engaged in acquiring and servicing automobile finance installment contracts for purchases of used and new automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance-related products. The majority of its revenue comes from Interest and fee income.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Jeffrey C Royal director 5420 NICHOLAS STREET, OMAHA NE 68132
Mark R Hutchins director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Michael Rost officer: interim CEO 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Irina Nashtatik officer: CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Douglas W Marohn officer: Snr. Vice President Branch Ops 2454 MCMULLEN BOOTH RD, BLDG C #501B, CLEARWATER FL 33759
Brendan Joseph Keating director 8918 SPANISH RIDGE AVENUE, SUITE 100, LAS VEGAS NV 89148
Kelly M Malson officer: Chief Financial Officer 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Adam K Peterson director, 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Chad Steinorth officer: Vice President and Interim CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Jeremy Qinli Zhu director 1940 LINDA FLORA DRIVE, LOS ANGELES CA 90077
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Robin Hastings director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Todd Pfister director 2454 MCMULLEN BOOTH ROD, BUILDING C, CLEARWATER FL 33759
Mahan Children Llc 10 percent owner 219 7TH STREET, TIERRA VERDE FL 33715