AtlasClear (ATCH) Q1 2026 earnings summary

Executive summary

• Achieved positive stockholders' equity of $6.9 million, reversing a prior deficit and eliminating the going concern qualification.

• Revenue for the quarter ended September 30, 2025, increased 52% year-over-year to $4.25 million, driven by higher commissions and other revenue streams.

• Completed $20 million in new institutional financing in October 2025, split between convertible notes and equity units, strengthening liquidity and supporting growth and acquisitions.

• Expanded leadership team with a new CFO/General Counsel and an independent director; senior leadership employment agreements executed.

• Signed and onboarding a third correspondent clearing customer, expected to contribute to 2026 revenues.

Financial highlights

• Revenue for the quarter was $4.25 million, up 52% year-over-year.

• Operating loss narrowed to $877,000 from $941,000 last year.

• Net loss was $440,000, compared to net income in the prior year period, which benefited from one-time fair value adjustments.

• Total assets grew to $73.6 million, up 21% from June 30th.

• Cash and restricted cash increased to $32.2 million from $29.6 million at June 30th.

Outlook and guidance

• Fiscal 2026 priorities include leveraging the strengthened balance sheet and new funding to integrate technology, expand stock loan and margin lending, and support acquisitions.

• Expect to onboard a third correspondent clearing client in Q1 calendar 2026, contributing materially to fiscal 2026 revenues.

• Expansion of LocBox partnership to include digital asset loans and management platforms in fiscal 2026.

• Planned acquisition of Commercial Bancorp of Wyoming to support vertically integrated financial services platform.

• Anticipate delivering crypto revenues to the platform by Q2 or Q3 2026.