AtlasClear Holdings (ATCH) investor relations material

Executive summary

• Fiscal 2025 marked the first full year as a public company, with significant one-time costs but foundational progress for scalable, profitable growth.

• Over $43 million in debt converted, reducing De-SPAC liabilities by more than 80%.

• Focused on building a vertically integrated platform for trading, clearing, settlement, and banking services for small and midsized financial institutions.

• Wilson Davis, the broker-dealer subsidiary, remained profitable throughout the year, validating the business model.

• Leadership team strengthened with new CFO/GC and Independent Director.

Financial highlights

• Achieved first quarter of positive consolidated cash flow in Q4, though a net loss was reported due to noncash items and elevated regulatory/professional costs.

• De-SPAC related debt and penalties reduced from $52.6 million (June 2024) to $8.9 million (September 2025), an 83% reduction.

• Full-year revenues were primarily from commissions, clearing fees, and vetting fees, with growing contributions from stock loan and interest income.

• Net stock loan revenue grew month-over-month: $258,000 in July, $281,000 in August, and over $400,000 in September.

• Secured $5 million in new notes, with total debt now at approximately $14.9 million.

Outlook and guidance

• Priorities for fiscal 2026 include further debt restructuring, capital raising, technology deployment, and completing the Commercial Bancorp acquisition.

• Third correspondent clearing client expected to materially impact 2026 results.

• Plans for expansion in fiscal 2026 include additional technology deployment with fintech partner LocBox.

• Anticipates increased profitability at Wilson Davis from stock loan, margin lending, commission growth, and new correspondent clearing customers.

• Plans to pursue strategic acquisitions to enhance product capabilities, client reach, scale, and geographic presence.