OTC Markets Group - Q122 – net income up 11%, but costs start to bite
OTC Markets Group’s (OTCM’s) Q122 net income was up 11% y-o-y despite weaker financial markets trading volume and prices. Corporate services (+51%...
OTC Markets Group - Q421 was another beat, 2022 is more uncertain
Q421 was another good quarter for OTC Markets Group (OTCM), with revenue up 32% y-o-y to $26.2m and earnings up 58% y-o-y to $9.1m. Revenue was...
OTC Markets Group - Hitting it out of the ballpark
OTC Markets Group’s (OTCM’s) Q321 revenues were 20% ahead of our expectations, driven by trading (+22%), Market Data Licensing operations, which we...
OTC Markets Group - Revenue beat, positive business mix
While elevated US equity market volumes drove up OTC Markets Group’s (OTCM) trading revenues 40% ahead of our expectations, higher P/E multiple...
OTC Markets Group - Long term focus remains as volumes spike
Exceptionally high US equity market trading volumes in the first quarter benefited OTC Market’s (OTCM’s) revenues and at the same time demonstrated...
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