Net Income Increases 295% AtlasClear Holdings Reports for its Wholly Owned Subsidiary, Wilson-Davis & Co., Inc.
Core Viewpoint - AtlasClear Holdings, Inc. announced significant financial improvements for its subsidiary Wilson-Davis & Co, Inc. (WDCO), including revenue, net income, and net capital growth, alongside the execution of a new contract with Dawson James Securities as a correspondent clearing client [1]. Financial Performance - Wilson-Davis reported audited financials that indicate material improvements in revenue, net income, and net capital [1]. New Business Development - The company has secured a new introducing broker-dealer, Dawson James Securities, which has signed a contract to become a correspondent clearing client [1].