AtlasClear Holdings Achieves 84% Revenue Growth and Positive Equity in Fiscal Second Quarter

AtlasClear Holdings, Inc. (NYSE American: ATCH) announced financial results for its fiscal second quarter ended December 31, 2025, revealing substantial revenue growth and improved financial stability. Revenue increased 84% year over year to $5.1 million, compared to $2.7 million in the prior-year quarter, reflecting accelerating operating momentum across the company's technology-enabled financial services platform. Net income totaled $6.8 million, primarily driven by operating growth and non-cash fair value adjustments, while stockholders' equity turned positive to $21.7 million, representing an improvement of approximately $59.8 million compared to fiscal year-end June 30, 2024.

The company's liquidity strengthened significantly with $46.2 million in cash and restricted cash at quarter end, enhancing financial flexibility for ongoing operations and strategic initiatives. Wilson-Davis & Co., Inc., the company's full-service correspondent broker-dealer subsidiary, delivered strong operating performance supported by growth in commissions, stock locate services, and clearing-related activity, ending the quarter with net capital of $14.7 million, which exceeded regulatory requirements by $14.4 million. This performance underscores the platform's strength and operational reliability as AtlasClear continues to modernize trading, clearing, settlement, and banking infrastructure for emerging financial institutions and fintechs.

Management emphasized that this quarter represents a clear turning point for the company, with positive stockholders' equity and substantially strengthened liquidity reflecting disciplined capital actions and operating progress over the past twelve months. Craig Ridenhour, President of AtlasClear Holdings, noted that efforts to strengthen operational infrastructure, improve efficiency, and reinforce capital position are now translating into measurable financial results, including top-line revenue growth and broader utilization of the platform. John Schaible, Executive Chairman, stated that AtlasClear is now operating from a position of strength as it continues to scale initiatives already underway and further establish its role as a modern financial infrastructure provider.

Fourth-quarter revenue growth was driven primarily by increased commission activity, expanded stock locate and fully paid lending services, and Wilson-Davis serving as a selling agent in at-the-market offerings, reflecting higher client activity and broader utilization of the platform's service offerings. Expenses increased in line with revenue growth, reflecting higher variable compensation, clearing and data processing costs associated with expanded services, and stock-based compensation related to new executive employment agreements. Total assets increased to $77.6 million, compared to $60.9 million as of June 30, 2025, demonstrating the company's expanding operational scale.

During the fourth quarter, the company completed a $20 million financing consisting of a $10 million secured convertible note and a $10 million equity unit offering. Management believes these proceeds, together with anticipated cash flows from operations, provide sufficient liquidity to support operations for at least the next twelve months. Strategic progress during the quarter included continued expansion of correspondent clearing relationships, stock loan and margin-related services, and ancillary clearing offerings. Development of the AtlasClear technology platform remains ongoing, alongside progress toward the proposed acquisition of Commercial Bancorp of Wyoming, subject to regulatory approvals. For additional details regarding risks and uncertainties, investors can refer to AtlasClear Holdings' filings with the SEC, including its Form 10-Q for the quarter ended September 30, 2025, and its Annual Report on Form 10-K filed September 29, 2025, available through the company's newsroom.