AtlasClear (ATCH) Emerging Growth Conference 91 summary

Business model and market focus

• Building a technology-enabled platform to modernize trading, clearing, settlement, and banking for emerging financial institutions and fintechs.

• Primary asset is Wilson-Davis, a correspondent clearing firm with unique licensing and NSCC/DTC membership.

• Targeting underserved regional broker-dealers and smaller fintechs unable to access larger incumbents.

• Developing integrated infrastructure: clearing, pending acquisition of a Fed member bank, and future digital asset capabilities.

• Aims to provide scalable, lower-cost, integrated custody and banking for small financial institutions.

Recent developments and operational progress

• Acquired Wilson-Davis, which is now performing well and scaling with new correspondents like Dawson James Securities.

• Completed tech stack overhaul, reducing onboarding time for new broker-dealers.

• Agreement with LocBox has accelerated securities lending revenues.

• Stock loan revenue has grown significantly since the Wilson-Davis acquisition.

• Updated stock purchase agreement for Commercial Bancorp of Wyoming, with application preparation underway.

Financial performance and balance sheet

• Fiscal Q2 2026 (ending June): 84% revenue growth, $21.7M positive equity, $46.2M in cash/restricted, $77.6M in total assets (up 21%).

• Wilson-Davis net capital increased nearly 50% above regulatory requirements since acquisition.

• Revenue and earnings growth accelerating year-over-year.

• Post-de-SPAC, cleaned up $54M in debt and deal expenses, flipping equity from -$40M to $21M.

• Liquidity and balance sheet improved, with going concern removed in Q1 2026.