Atlasclear Holdings vs Usio
Usio is the larger business, with $85.4m of revenue in fiscal 2025 against $20.1m for Atlasclear Holdings (4.3 times as much). Atlasclear Holdings grew faster (84.7% against 3.0%). Atlasclear Holdings kept more of each dollar of sales as profit: a net margin of 9.8% against -2.9%.
| Latest fiscal year | Atlasclear HoldingsATCH, 2026 | UsioUSIO, 2025 |
|---|---|---|
| Revenue | $20.1m | $85.4m |
| Revenue growth | 84.7% | 3.0% |
| Net income | $2.0m | −$2.5m |
| Operating margin | -48.7% | — |
| Net margin | 9.8% | -2.9% |
| Return on equity | 27.4% | -13.6% |
| Free cash flow | — | $1.1m |
| Cash | $15.4m | $7.4m |
| Total debt | $14.3m | $1.4m |
| Debt to equity | 67.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $1.1m |
| Employees | 46 | 107 |
| Market value | $20.8m | $84.7m |
| Price vs our value range | — | — |
| Moat score | — | 27 (Weak) |
| Insider trades, 12 months | 9 buys, 0 sales | 0 buys, 16 sales |