OTC Markets Group Inc. (OTCQX:OTCM) Q4 2024 - Earnings Conference Call March 13, 2025 8:30 AM ET Company Participants Dan Zinn - General Counsel & Chief of Staff Cromwell Coulson - President & CEO Antonia Georgieva - CFO Conference Call Participants Steve Silver - Argus Research Corporation Brendan McCarthy - Sidoti Operator Good day, and thank you for standing by. Welcome to the OTC Markets Group Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast.
OTC Markets Group operates alternative trading systems with a strong competitive moat: legally enforced monopoly, customer dependency, operating leverage, which (thanks to their subscription models) includes an inverse bet. Relatively undervalued to its peers on a P/E basis, but for no particular reason. Honest and competent management (ran with a value-investing philosophy, as specified by CEO).
Financial technology platform DriveWealth has partnered with OTC Markets Group Inc. (OTCQX:OTCM) to expand its overnight trading capabilities. Set to launch in March, the collaboration will allow DriveWealth to integrate OTC Markets' MOON ATS platform, adding another layer of connectivity to its multi-venue overnight trading service.
OTC Markets Group Inc. (OTCQX:OTCM) saw a substantial rise in trading activity across its regulated financial markets in 2024, driven by international securities growth. Total dollar volume traded reached $478 billion, an increase of $95 billion from the $383 billion reported in 2023, the group reported Tuesday.
OTC Markets benefits from a wide moat. Growth has slowed down, however, in the last couple of years. Nonetheless, various new opportunities have recently emerged, suggesting the company may be back on track for substantial growth.
OTC Markets Group Inc (OTCQX:OTCM) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Dan Zinn - General Counsel Cromwell Coulson - President & Chief Executive Officer Antonia Georgieva - Chief Financial Officer Conference Call Participants Steve Silver - Argus Research Corporation Brendan McCarthy - Sidoti Operator Good day and thank you for standing by. Welcome to the OTC Markets Group Third Quarter 2024 Earnings Conference Call and Webcast.
OTC Markets Group Inc. (OTCM) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.61 per share a year ago.
OTC Markets Group Inc. (OTCQX:OTCM) has officially launched OTC Overnight, allowing a select group of securities to be traded from Sunday through Thursday between 8 pm and 4 am Eastern Time. The new trading window will enhance market accessibility, transparency, and data coverage by leveraging existing infrastructure, enabling broker-dealer subscribers to meet the growing demand for overnight trading.
OTC Markets lists companies that don't qualify for the larger exchanges but want to go public. The share price has tumbled since 2022 amid a soft market for initial public offerings.
OTC Markets Group valuation has contracted over the past year, making the FCF yield look more appealing. OTCM has network effects and scale protecting it from competition, which will allow it to continue to provide a steady stream of dividends to investors. The underlying security appears mispriced; multiple data points below highlight this.
OTC Markets Group Inc. (OTCM) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.57 per share a year ago.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated financial markets for over 12,000 US and global securities, announced a collaboration with uSMART Securities to enhance data distribution capabilities. Hong Kong-based uSMART Securities, a leading fintech brokerage firm, will now distribute OTC Markets Group's Level 1 and Level 2 real-time data.