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 inves
14 Aug 2019
OTC Markets Group - A year of investment for the future
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OTC Markets Group - A year of investment for the future
OTC Markets Group Inc. (OTCM:OTC) | 0 0 0.0%
- Published:
14 Aug 2019 -
Author:
Andrew Mitchell -
Pages:
8
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 inves