ATCH Latest Report

Financial Performance

AtlasClear Holdings recorded a total operating revenue of RMB2746499 million as of December 31, 2024, a significant improvement from the total operating revenue of RMB-1149149 million as of December 31, 2023. This change reflects the company's significant improvement in revenue generation and market performance in its operating activities.

Key Financial Data

1. The total operating revenue in 2024 was RMB2746499 million, a significant rebound from the previous year, indicating an improvement in the company's operating status.

2. The total operating revenue in 2023 was RMB-1149149 million, mainly due to the negative impact of macroeconomic uncertainty and market conditions.

3. The expected net profit in the first half of 2024 is US$60-65 million, a 22%-33% YoY growth, benefiting from promotional activities and favorable market conditions.

4. AtlasClear plans to launch an "Investment as a Service" platform to meet market demands through innovative products, promoting revenue growth.

Peer Comparison

1. Industry-wide analysis: If the entire industry experienced growth in 2024, AtlasClear's revenue rebound may have benefited from the industry's overall recovery. According to market data, other companies in the same industry, such as Manbang, achieved an operating revenue of RMB2260 million in 2023Q3, up 25.2% YoY, indicating the industry's vitality.

2. Peer evaluation analysis: Compared with the operating revenue of other companies in the same industry, AtlasClear's rebound shows its competitiveness in the industry. If other companies are also growing but not as much as AtlasClear, it means its market performance is better than its peers.

Summary

AtlasClear Holdings' significant rebound in total operating revenue in 2024 reflects the company's successful adjustments in its operating strategy, market environment, and product innovation. This change not only improves the company's financial situation but also lays a foundation for future growth.

Opportunities

1. The company can attract emerging fintech companies and traditional wealth advisors through the launch of the "Investment as a Service" platform, broadening its customer base.

2. The improvement in market conditions and increased customer orders provide opportunities for continuous revenue growth.

3. Effective promotional activities and increased market promotion efforts create conditions for the company to further enhance its market share.

Risks

1. Macroeconomic uncertainties may still affect the company's revenue performance, especially in a more competitive industry.

2. If new products or services fail to meet market expectations, it may affect the company's sustained revenue growth.

3. Fluctuations in market demand may affect the company's overall sales performance and profitability.