Old Market Capital Corp (OMCC) is a holding company headquartered in Omaha, Nebraska, that owns a controlling interest in Amplex Electric Inc., a broadband internet service provider serving rural and semi-rural communities in Northwest and North Central Ohio. Revenue is generated through subscription fees for broadband internet, voice over internet protocol (VOIP), and video services delivered over fiber optic and fixed wireless networks. The company previously operated as a specialized consumer finance company focused on subprime auto lending before restructuring operations in November 2023. As of March 31, 2025, Amplex had approximately 13,000 broadband customers, including 4,400 fiber subscribers, and over 12,000 fiber passings completed. OMCC acquired 56.5% of Amplex Holdings, Inc. through a series of transactions completed during the fiscal year ended March 31, 2025, with total purchase consideration of $18.4 million. Beyond Amplex, OMCC pursues additional controlling-interest acquisitions across industries, targeting businesses with historically strong pre-tax returns on tangible equity capital.

Revenue model

Subscription-based fees for broadband internet, VOIP, and video services charged to residential and commercial customers through subsidiary Amplex Electric Inc. in Northwest and North Central Ohio (FY2025).

Products and services

Amplex Electric Inc. provides fiber optic broadband internet, fixed-position wireless broadband internet, voice over internet protocol (VOIP), and video services. Fiber service covers areas where fiber has been installed; fixed wireless covers rural areas where fiber is cost-prohibitive or not yet deployed.

Customers and end markets

Residential and commercial broadband subscribers in Northwest and North Central Ohio. As of March 31, 2025, Amplex served approximately 13,000 broadband customers, of which 4,400 were fiber subscribers.

Value-chain role

OMCC is a holding company that acquires controlling interests in operating businesses. Amplex operates as a last-mile broadband infrastructure provider delivering internet, VOIP, and video services directly to end customers in underserved rural and semi-rural Ohio communities.

Geographic exposure

Primary operations in Northwest and North Central Ohio through Amplex. Corporate headquarters located in Omaha, Nebraska (as of March 1, 2025). All 47 former branch offices across 18 states were closed as of March 31, 2023.

Source: SEC 10-K, filed 2025-06-30

Industry: Short-Term Business Credit Institutions Peers: American Express Co CURO Group Holdings Corp. Elevate Credit, Inc. Katapult Holdings Inc Medallion Financial Corp Oportun Financial Corp