Présentation de l'entreprise
AtlasClear Holdings, Inc. operates as a technology-enabled financial services firm that constructs a comprehensive platform for the trading, clearing, settlement, and banking of various financial products, including cryptocurrencies. The company functions within the Financial Services sector and specifically targets the Capital Markets industry, positioning itself to provide fintech assets such as AtlasFX and Rubicon for order management. As of the latest data, the entity maintains a market capitalization of $35.63M and generates annual revenue (TTM) of $14.61M, with the employee count listed as N/A. These valuation and revenue figures indicate that AtlasClear Holdings is a small-cap enterprise operating with significant revenue expansion relative to its size, though the absence of disclosed employee data limits the ability to directly correlate revenue per employee. The market cap suggests a relatively modest public footprint compared to major industry peers, while the revenue scale reflects a niche focus on specialized financial technology solutions rather than broad-scale banking operations.
Santé financière
The company reported a revenue of $14.61M over the trailing twelve months, with a corresponding net income of $1.77M and an EBITDA of $-608,442. The substantial gap between positive net income and negative EBITDA reveals a cost structure where non-operating expenses or interest costs are significant enough to depress earnings before interest, taxes, depreciation, and amortization below zero, despite the bottom line remaining profitable. This dynamic indicates that the company manages its core operating costs efficiently enough to generate profit, but faces challenges in covering its financing costs or depreciation schedules within its EBITDA calculation. Free cash flow stands at $-8,831,304, which signifies a heavy capital outflow that constrains immediate financial flexibility and suggests a reliance on external financing or cash reserves to fund operations and growth initiatives. In terms of profitability margins, the gross margin is 83.5%, indicating high efficiency in delivering its services relative to the cost of goods sold, while the operating margin of -16.8% and profit margin of 12.1% highlight a divergence between operational performance and final profitability driven by interest or other non-operating factors. The balance sheet shows a cash position of $23.08M against total debt of $15.30M, resulting in a debt-to-equity ratio of 70.58, which suggests a leveraged capital structure where debt obligations exceed equity capitalization. Despite the leverage, the current ratio of 1.56 indicates adequate short-term liquidity, as current assets are more than one and a half times current liabilities, providing a buffer for meeting immediate obligations. Return on Equity is listed as N/A due to the specific accounting treatment of equity in the available data, while the Return on Assets is -1.9%, revealing that the company's asset base is currently generating a negative return relative to its total asset value.
Évaluation de la valorisation
Both the P/E Ratio (TTM) and Forward P/E are listed as N/A, which precludes a traditional earnings-based valuation comparison and implies that analysts cannot rely on standard multiples to value the stock based on current or expected earnings per share. The price-to-book ratio is 1.59, indicating that the market values the company's equity at 59% above its book value, suggesting a premium placed on the firm's intangible assets or future growth potential despite the negative EBITDA. The price-to-sales ratio of 2.44 and the EV/EBITDA of -45.77 offer alternative perspectives on valuation; the high P/S ratio reflects the market's willingness to pay for revenue growth in a pre-profitability or low-profitability phase, while the negative EV/EBITDA confirms that enterprise value is heavily influenced by debt levels and negative cash conversion. The stock traded between a 52-week high of $1.92 and a 52-week low of $0.14, and without a specific current price provided in the facts, the valuation range demonstrates extreme volatility and a wide trading spread typical of small-cap speculative stocks. With a beta of 0.64, the company exhibits price volatility that is lower than the broader market average, implying that the stock price tends to move less dramatically than the overall market index during periods of volatility.
Growth & Income
Revenue growth (YoY) stands at 84.1%, while earnings growth (YoY) is listed as N/A, indicating that revenue expansion is occurring rapidly without a corresponding disclosed increase in earnings year-over-year. The absence of reported earnings growth data prevents a direct comparison of profitability trajectories, but the high revenue growth suggests the business model is scaling quickly in terms of top-line generation. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning it does not distribute cash to shareholders but instead retains earnings to fund operations, debt reduction, or reinvestment into its technology platform. This reinvestment strategy is typical for growth-oriented fintech firms that prioritize capital allocation toward business expansion over immediate shareholder returns. The overall growth and income profile is characterized by aggressive top-line expansion in a high-margin environment, supported by a lack of dividend distributions and a reliance on internal cash generation or external financing to sustain operations.