Bimini Capital Management, Inc. (BMNM) qualified for the OTCQX Best Market and began trading under the ticker BMNM on December 8, 2025, after meeting the higher financial and governance standards required for the premium OTC market.
The upgrade reflects a significant improvement in the company’s financial profile. Over the past three years, Bimini’s revenue has grown 22.1%, while its debt‑to‑equity ratio sits at 2.96, indicating a leveraged but still compliant balance sheet. Net margin stands at 5.96% and pretax margin at 22.99%, both of which meet OTCQX thresholds. The company operates through two reportable segments—asset management and investment portfolio—whose combined performance underpins the financial metrics that satisfied the OTCQX criteria.
The move to OTCQX is expected to enhance liquidity and broaden the investor base, positioning Bimini to raise capital more efficiently for future growth initiatives. Greater visibility among U.S. investors can also support the company’s strategic expansion plans, including potential new asset‑management offerings and deeper engagement with its investment portfolio segment.
CEO Robert E. Cauley said, “We are pleased to begin trading on OTCQX today and demonstrate Bimini’s continued growth as an asset manager. We are hopeful we can continue to do so and appreciate the enhanced exposure trading on OTCQX provides.”
Bimini’s recent financial results reinforce the upgrade’s significance. In Q3 2025, net income rose to $1.8 million—six times the $0.3 million reported in Q3 2024—while nine‑month revenue climbed to $17.3 million from $14.2 million a year earlier. These gains, driven by stronger performance in both segments, illustrate the company’s ability to meet OTCQX’s higher standards and support its future capital‑raising efforts.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.