AtlasClear's Wilson-Davis Reports 295% Net Income Jump to $1.48M
AtlasClear Holdings, Inc. (NYSE American: ATCH) announced that its wholly-owned subsidiary, Wilson-Davis & Co., Inc. (“WDCO”), reported a significant increase in net income. The company's audited financials revealed a 295% year-over-year increase in net income, reaching $1.48 million for the year ending June 30, 2025. In addition, Dawson James Securities has signed a contract to become a correspondent clearing client.
Financial Highlights and Key Performance Indicators
Wilson - Davis & Co. reported impressive financial results. Year End 06/30/25 Revenues reached $12,853,192, marking a 15.45% YoY increase. Additionally, the company's 07/31/25 Net Capital stood at $11,475,547, a 9.65% YoY increase. These figures showcase the company's strong performance and growth trajectory.
Executive Commentary on Growth and Strategy
Craig Ridenhour, President of AtlasClear Holdings, expressed enthusiasm about the company's performance and the new relationship with Dawson James. “We are ecstatic about the performance of Wilson - Davis , but even more excited for the new correspondent clearing relationship that Dawson James has signed with us. We believe this is just the beginning and that our business will truly scale with the expansion of correspondent clearing clients added to our platform.” John Schaible, Executive Chairman, stated that AtlasClear remains on track to file its Form 10-K on or before Sept. 29, 2025, highlighting the "material improvements made in our balance sheet and our Stockholder’s Equity.”
Strategic Vision and Future Plans
According to John Schaible, the company's growth reflects its vision of building a technology-enabled, vertically integrated platform. This approach is intended to serve the evolving needs of the financial markets and position them to move forward with the proposed acquisition of Commercial Bancorp of Wyoming. “We believe this growth reflects our vision of building a technology-enabled, vertically integrated platform that serves the evolving needs of the financial markets. We anticipate more success in balance sheet improvement, which will allow us to move forward with the proposed acquisition of Commercial Bancorp of Wyoming . More capital will also accelerate our future crypto offerings and support our ability to deliver FinTech systems to our broker-dealer customers that empowers them to compete successfully with the likes of Robinhood, Momo, or Tradebull.”
Dawson James' Perspective on the Partnership
Robert D. Keyser, CEO of Dawson James, emphasized his belief in AtlasClear Holdings’ model and management's ability to deliver a FinTech financial services platform. “Sixth Borough Capital Management invested into AtlasClear Holdings, and I joined its Board because I believe in the Company’s model and in its management’s ability to deliver a FinTech financial services platform that will include clearing, custody, banking, market making, and crypto,” said Robert D. Keyser, CEO of Dawson James. “We expect to expand our strategic relationship with AtlasClear Holdings going forward.”
Wilson-Davis' Recent Investment Banking Transactions
Wilson - Davis has recently signed two investment banking transactions, further expanding their offerings and revenue opportunities with Limitless X Holdings, Inc., and Hyperscale Data, Inc., demonstrating transformative transactions.
About AtlasClear Holdings, Inc.
AtlasClear Holdings plans to build a cutting-edge technology enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on the small and middle market financial services firms.
About Wilson -Davis & Co., Inc.
Wilson - Davis is a full-service correspondent securities broker-dealer. The company is registered with the Securities and Exchange Commission ("SEC"), the Financial Industry Regulatory Authority and the Securities Investor Protection Organization. Headquartered in Salt Lake City, Utah.
About Commercial Bancorp of Wyoming
Commercial Bancorp is a bank holding company operating through its wholly owned subsidiary, Farmers State Bank ("FSB") and has been servicing the local community in Pine Bluffs, WY since 1915. It has focused the majority of its services on private and corporate banking.
About Dawson James
Dawson James Securities specializes in capital raising for small and microcap public and private growth companies primarily in the Life Science/Health Care, Technology and Consumer sectors and is a full-service investment banking firm. Headquartered in Boca Raton, FL.
About Sixth Borough
Sixth Borough Capital Management, LLC (“Sixth Borough”), is a multi-stage, event-driven, alternative investment manager.
About Limitless X
Limitless X Holdings, Inc., is building a diversified, value-driven ecosystem targeting the expanding global markets in Health, Wellness, Entertainment, Community, and Brand Development.
About Hyperscale Data
Hyperscale Data, Inc., is a leading provider of advanced data center solutions, strategically focused on supporting the rapidly expanding artificial intelligence industry.
