Thu, May 15, 8:24 PM (39 days ago)
**AtlasClear Holdings, Inc. (Ticker: ATCH) - Q1 2025 Financial Summary** **Quarterly Performance:** - **Revenue:** $2.54 million (up 100% YoY) - Commissions: $1.51 million - Vetting fees: $370.70 thousand - Clearing fees: $658.93 thousand - Other revenue: $5.87 thousand - **Expenses:** $3.62 million (down 76% YoY) - Compensation, payroll taxes, and benefits: $1.55 million - Data processing and clearing costs: $435.31 thousand - Regulatory, professional fees: $845.35 thousand - Intangible assets amortization: $348.06 thousand - Other expenses: $68.29 thousand - **Net Loss:** $1.07 million (improved by $12.80 million YoY) - **Cash Flow:** Negative $1.05 million from operations **Nine-Month Performance:** - **Revenue:** $8.09 million (up 537% YoY) - Commissions: $4.49 million - Vetting fees: $1.09 million - Clearing fees: $2.49 million - Other revenue: $14.59 thousand - **Expenses:** $11.26 million (down 68% YoY) - Compensation, payroll taxes, and benefits: $4.41 million - Data processing and clearing costs: $1.68 million - Regulatory, professional fees: $3.05 million - Intangible assets amortization: $1.01 million - Other expenses: $154.11 thousand - **Net Income:** $7.43 million (improved by $95.89 million YoY) - **Cash Flow:** Negative $1.05 million from operations **Key Metrics:** - **Profit Margins:** Negative operating margin of 42% for Q1, improved from -1094% YoY. Nine-month operating margin of -39%, improved from -1199% YoY. - **Cash Flow:** Negative $1.05 million from operations for both Q1 and nine-month periods. - **Earnings Changes:** Significant improvement in net income, with a swing from a loss of $88.58 million to a gain of $7.43 million over nine months. **Trends & Uncertainties:** - **Revenue Growth:** Strong revenue growth driven by commissions and clearing fees. - **Expense Management:** Significant reduction in regulatory and professional fees. - **Cash Flow:** Continued negative cash flow from operations indicates liquidity challenges. - **Future Operations Impact:** Dependence on share issuances for financing and potential dilution. **Conclusion:** AtlasClear Holdings, Inc. showed significant improvement in revenue and net income over the past year, driven by strong performance in commissions and clearing fees. However, the company continues to face liquidity challenges and relies heavily on share issuances for financing. The future outlook depends on effective management of expenses and securing additional financing to support operations and growth.