AtlasClear Reports FY2025 Balance Sheet Transformation, Strong Operating Momentum And Strategic Growth Plans For 2026

AtlasClear Holdings, Inc. (NYSE:ATCH) ("AtlasClear" or the "Company"), a technology-enabled financial services platform modernizing trading, clearing, settlement, and banking, today reported on fiscal 2025 balance sheet transformation, improved operating momentum, and strategic priorities for 2026.Fiscal 2025: Rebuilding the Foundation and Restoring Financial FlexibilityFiscal 2025 represented a pivotal year for AtlasClear, marked by a comprehensive effort to stabilize the Company's financial position, resolve legacy structural constraints, and reposition the platform for sustainable, scalable growth.As reported in our Quarterly Report for the quarter ended September 30th, 2025, AtlasClear executed a series of balance sheet actions that resulted in the conversion and extinguishment of more than $43 million of legacy de-SPAC liabilities, reducing those obligations by over 80% and restoring positive stockholders' equity. These actions materially strengthened the Company's capital structure, reduced financial overhang, and improved financial flexibility.We look forward to filing our Quarterly Report for the quarter ended December 31, 2025 on or about February 13th, 2026."Our focus in 2025 was deliberate and uncompromising," said Executive Chairman of AtlasClear Holdings John Schaible. "Before pursuing growth, we needed to correct the structural issues that constrained our ability to execute. We simplified the balance sheet, addressed legacy liabilities, strengthened governance, and aligned leadership. As we prepare to report on the December quarter, we believe the progress achieved throughout 2025 meaningfully changes the trajectory of AtlasClear as we move forward."Operating Progress and Revenue Expansion Across Core BusinessesAtlasClear's operating subsidiaries delivered improving performance throughout fiscal 2025, led by Wilson-Davis & Co., the Company's wholly owned broker-dealer. Wilson-Davis generated consistent profitability on a standalone basis during the year, supported by growth across correspondent clearing, underwriting activity, and stock loan operations. Net capital levels remained well in excess of regulatory requirements, providing capacity to onboard new correspondent relationships and expand service offerings.October 2025 serves as a clear example of the operating improvements the Company has delivered following its fiscal 2025 restructuring efforts. For the month, Wilson-Davis reported revenue of $3.05 million, up 113% year-over-year, and net income of $0.94 million, up 169% year-over-year, reflecting the effectiveness of management's operational, technology, and business development initiatives.AtlasClear also activated previously underutilized revenue lines, most notably within its stock loan business, following the deployment of new management, enhanced technology, and refined inventory management processes. Stock loan revenue accelerated during the second half of the year, contributing to improved operating leverage.The Company expanded its fintech ecosystem through targeted partnerships, including the integration of LocBox technology to enhance stock loan inventory optimization and fully paid lending capabilities. These initiatives create additional opportunities to expand services across AtlasClear's growing client base and further embed the platform within client workflows."What we are seeing now is the result of sustained operational focus," said President of AtlasClear Holdings Craig Ridenhour. "Correspondent clearing remains the core of our platform, but we are increasingly seeing contributions from stock loan, margin lending, underwriting, and fintech-enabled services. These businesses are scaling together, improving diversification and supporting a more resilient revenue profile."Capital Formation and Leadership AlignmentThroughout fiscal 2025, AtlasClear completed multiple financings totaling approximately $25 million, including a $20 million financing completed subsequent to the end of the first fiscal quarter of 2026. These included investments from institutional partners and members of the Board and executive leadership team, strengthening liquidity and aligning leadership with shareholders.The Company also enhanced its leadership and governance framework with the appointment of Sandip Patel as Chief Financial Officer and General Counsel and the return of Steven Carlson as an independent director."Alignment matters, particularly in financial infrastructure businesses where trust and discipline are essential," Schaible added. "Our Board and leadership have demonstrated alignment through investments alongside shareholders, and we have assembled a team with deep experience across clearing, banking, regulation, and capital markets."2026 Outlook: Disciplined Execution, Scale, and Platform ExpansionEntering 2026, AtlasClear is focused on disciplined execution and expanding the operating platform established over the past year. The Company is well positioned to pursue organic growth while remaining selective in evaluating opportunities that enhance its ecosystem.Key priorities include:Continued onboarding of correspondent clearing clients, each contributing recurring revenue, scale, and operating leverageExpansion of stock loan and margin lending activity, with enhanced opportunities to serve existing and new clientsFurther deployment of fintech infrastructure to enhance automation, risk management, and client experienceAdvancing the Company's digital asset strategy, with a focus on regulated, institutional-grade trading, custody, clearing, and related infrastructure servicesContinued progress toward the planned acquisition of Commercial Bancorp of Wyoming, which would provide low-cost funding, a regulated banking charter, and the foundation for a vertically integrated brokerage and banking platform, subject to negotiation of mutually-agreeable definitive documents, regulatory approval and customary closing conditions