newsfilter
← Latest News
GlobeNewswire·

AtlasClear Adds Ninth Correspondent to a Clearing Platform That Grew Revenue 85% in Fiscal 2026

  • AtlasClear Holdings announced its subsidiary, AtlasClearing, has signed its ninth correspondent broker-dealer agreement.
  • Fiscal 2026 revenue reached $20.1 million, an 85% increase achieved before material contributions from newly signed correspondents.
  • Stock locate revenue grew to approximately $6.8 million from $0.3 million, with non-commission sources representing 54% of total revenue.
  • Stockholders' equity turned positive to $21.1 million as of June 30, 2026, reversing a $6.8 million deficit, while cash more than doubled to $15.4 million without equity offerings.
  • AtlasClearing net capital stood at approximately $14.4 million at June 30, 2026, up 29% year-over-year, with excess capital well above the $10 million NSCC threshold.
  • Infrastructure investments have shortened onboarding timelines to allow concurrent onboarding of multiple correspondents.
  • The company is currently converting new agreements into active business while additional broker-dealer discussions remain underway.
  • AtlasClear's common stock remains suspended on the NYSE American pending an appeal of delisting, with current trading quoted on the OTC market under the symbol "ATCH."
  • Pending acquisitions include Ark Financial Services, Inc., Commercial Bancorp of Wyoming, and a proposed institutional digital asset business.
Company
AtlasClear Holdings, Inc.
Keywords
NYSE:ATCH, AtlasClear Holdings, Inc., AtlasClear Holdings, ATCH, Financial Services, FinTech