Report

OTC Markets Group - A year of investment for the future

OTC Markets’ second-quarter figures showed lower pre-tax profit year-on-year, but this should be seen in the context of the company’s successful long-term development of its cost-effective, transparent markets, OTCQX and OTCQB. This is a year in which it is investing in technology, acquisitions and staff, as well as moving into new headquarters. While we have trimmed our estimates, we look for a return to profit growth in FY20 and for long-term cash flows to benefit from the investments being made.
Underlying
OTC Markets Group Cl A

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Andrew Mitchell

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