Professional
Added to YB: 2026-03-03
Pitch date: 2026-02-27
OMCC [neutral]
Old Market Capital Corporation
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio.
Market Cap
$33.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-11.26
EV/Sales
N/A
Sector
Wireless Telecommunication Services
Category
value
River Oaks Capital Portfolio Holding: Old Market Capital Corporation
OMCC (holding update): Downlisted to OTC to cut public costs from $1.5M to <$1M, triggering 35% selloff. Now $30M mkt cap vs $15M cash + 70% stake in Amplex (16K fiber passings @ $3.5K/passing + $5M fixed wireless = $43M value). Amplex to generate $6M+ FCF = 20-25% FCF yield for OMCC post-costs. $7M buyback authorized. Growth to 35K-40K passings viable w/ cash+debt.
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