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OTC Markets Group Inc (OTCM)
OTHER OTC:OTCM
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.54Last Year’s EPS
0.49Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: -3.80%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a record revenue achievement and promising initiatives like overnight trading, but it also pointed out several challenges such as declining corporate services revenue and increased operating expenses. While there is strong growth in OTC Link and a positive outlook on regulatory engagement, the subscriber decline and flat market data revenue balance the sentiment.Company Guidance
The guidance provided during the OTC Markets Group Fourth Quarter and Full Year 2024 Earnings Conference Call highlighted several key metrics and strategic priorities. The company reported a slight increase in both gross and net revenues, achieving over $111 million in annual revenues for the first time, with a notable 33% growth in OTC Link's revenues. The market data licensing business remained flat, while corporate services saw a 6% decrease in revenue. Operating expenses grew by approximately 1%, and the company maintained a 1% increase in adjusted EBITDA, amounting to $41.3 million. In 2025, the company plans to focus on two major projects: the launch of OTC Overnight, enabling trading from 8 pm to 4 am Eastern Time, and the development of the OTCID basic reporting market, set to launch on July 1, 2025. Additionally, the company declared a quarterly dividend of $0.18 per share, demonstrating its commitment to shareholder returns.Record Revenue Achievement
OTC Markets Group achieved over $111 million in annual revenues for the first time, marking a 1% increase compared to 2023.
Growth in OTC Link Business
OTC Link's revenues increased by 14% year-over-year, driven by a 21% increase in revenues from OTC Link ECN and NQB, and a 16% increase in revenues from ATS messages.
Overnight Trading Initiative
OTC Markets is launching OTC Overnight and Moon ATS for trading in OTC and exchange-listed securities, providing access during Asian market hours and European market open.
Dividend Declaration
The Board of Directors declared a quarterly dividend of $0.18 per share, reflecting the company's commitment to shareholder returns.
Positive Retention Rates
Retention rate for OTCQX subscription period beginning January 1, 2025, achieved a 96% retention rate, up from 93% in the previous year.
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OTCM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OTCM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | $48.37 | $46.60 | -3.66% |
| Nov 06, 2024 | $52.09 | $49.95 | -4.11% |
| Aug 07, 2024 | $46.75 | $46.15 | -1.28% |
| May 08, 2024 | $49.54 | $49.58 | +0.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does OTC Markets Group Inc (OTCM) report earnings?
OTC Markets Group Inc (OTCM) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is OTC Markets Group Inc (OTCM) earnings time?
OTC Markets Group Inc (OTCM) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OTCM EPS forecast?
OTCM EPS forecast for the fiscal quarter 2025 (Q1) is 0.54.
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