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Side-by-side financial comparison of AtlasClear Holdings, Inc. (ATCH) and Solana Co (HSDT). Click either name above to swap in a different company.
Solana Co is the larger business by last-quarter revenue ($5.2M vs $5.1M, roughly 1.0× AtlasClear Holdings, Inc.). Solana Co runs the higher net margin — 6227.1% vs 134.2%, a 6092.9% gap on every dollar of revenue. On growth, Solana Co posted the faster year-over-year revenue change (2725.9% vs 84.1%).
Atlas Comics was the 1950s comic-book publishing label that evolved into Marvel Comics. Magazine and paperback novel publisher Martin Goodman, whose business strategy involved having a multitude of corporate entities, used Atlas as the umbrella name for his comic-book division during this time. Atlas evolved out of Goodman's 1940s comic-book division, Timely Comics, and was located on the 14th floor of the Empire State Building. This company is distinct from the 1970s comic-book company, also...
Solana is a Mexican cottage manufacturer of sports, racing, and kids' automobiles based in Mexico City. The family run company has operated since 1936, with a total production of fewer than fifty cars; the majority of them one-offs. The family is heavily involved in motor sports; the most prominent member was Moisés Solana, who raced family-built cars and later in Formula One.
ATCH vs HSDT — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.1M | $5.2M |
| Net Profit | $6.8M | $325.6M |
| Gross Margin | — | 96.6% |
| Operating Margin | -48.6% | -3845.8% |
| Net Margin | 134.2% | 6227.1% |
| Revenue YoY | 84.1% | 2725.9% |
| Net Profit YoY | 1716.5% | 8388.0% |
| EPS (diluted) | $0.05 | $111.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $5.1M | $5.2M | ||
| Q3 25 | $4.3M | $697.0K | ||
| Q2 25 | $2.8M | $43.0K | ||
| Q1 25 | $2.5M | $49.0K | ||
| Q4 24 | $2.7M | $185.0K | ||
| Q3 24 | $2.8M | $51.0K | ||
| Q2 24 | — | $182.0K | ||
| Q1 24 | $1.3M | $135.0K |
| Q4 25 | $6.8M | $325.6M | ||
| Q3 25 | $-440.3K | $-352.8M | ||
| Q2 25 | $-1.7M | $-9.8M | ||
| Q1 25 | $-2.9M | $-3.8M | ||
| Q4 24 | $-419.7K | — | ||
| Q3 24 | $10.7M | $-3.7M | ||
| Q2 24 | — | $-1.6M | ||
| Q1 24 | $-88.6M | $-2.5M |
| Q4 25 | — | 96.6% | ||
| Q3 25 | — | 85.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 16.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 35.2% | ||
| Q1 24 | — | 8.9% |
| Q4 25 | -48.6% | -3845.8% | ||
| Q3 25 | -20.6% | -5086.1% | ||
| Q2 25 | -63.5% | -7725.6% | ||
| Q1 25 | -42.2% | -8185.7% | ||
| Q4 24 | -41.8% | — | ||
| Q3 24 | -33.6% | -7980.4% | ||
| Q2 24 | — | -1796.7% | ||
| Q1 24 | -1091.5% | -2530.4% |
| Q4 25 | 134.2% | 6227.1% | ||
| Q3 25 | -10.4% | -50612.3% | ||
| Q2 25 | -60.6% | -22867.4% | ||
| Q1 25 | -114.1% | -7832.7% | ||
| Q4 24 | -15.3% | — | ||
| Q3 24 | 383.3% | -7227.5% | ||
| Q2 24 | — | -885.7% | ||
| Q1 24 | -6970.8% | -1863.7% |
| Q4 25 | $0.05 | $111.28 | ||
| Q3 25 | $-0.01 | $-32.89 | ||
| Q2 25 | — | $-79.73 | ||
| Q1 25 | — | $-0.51 | ||
| Q4 24 | $-1.11 | — | ||
| Q3 24 | $-1.90 | $-744.35 | ||
| Q2 24 | — | $-485.30 | ||
| Q1 24 | — | $-3.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.1M | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $21.7M | $300.9M |
| Total Assets | $77.6M | $303.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.1M | $7.3M | ||
| Q3 25 | $2.7M | $124.1M | ||
| Q2 25 | $7.5M | $6.1M | ||
| Q1 25 | $7.8M | $1.1M | ||
| Q4 24 | $6.9M | $1.1M | ||
| Q3 24 | $6.8M | $3.5M | ||
| Q2 24 | — | $6.4M | ||
| Q1 24 | $7.2M | $3.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $980.1K | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.1M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $21.7M | $300.9M | ||
| Q3 25 | $6.9M | $-152.4M | ||
| Q2 25 | $-6.8M | $6.0M | ||
| Q1 25 | $-14.0M | $1.3M | ||
| Q4 24 | $-23.2M | $1.1M | ||
| Q3 24 | $-23.2M | $3.8M | ||
| Q2 24 | — | $6.3M | ||
| Q1 24 | $-6.8M | $2.0M |
| Q4 25 | $77.6M | $303.9M | ||
| Q3 25 | $73.6M | $475.9M | ||
| Q2 25 | $60.9M | $7.9M | ||
| Q1 25 | $55.0M | $3.5M | ||
| Q4 24 | $56.0M | $3.5M | ||
| Q3 24 | $56.0M | $5.6M | ||
| Q2 24 | — | $8.8M | ||
| Q1 24 | $76.4M | $5.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5M | $-16.5M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.22× | -0.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $-16.5M | ||
| Q3 25 | $-2.5M | $-4.0M | ||
| Q2 25 | $1.9M | $-2.8M | ||
| Q1 25 | $-1.8M | $-3.5M | ||
| Q4 24 | $585.8K | $-11.0M | ||
| Q3 24 | $175.6K | $-2.8M | ||
| Q2 24 | — | $-2.9M | ||
| Q1 24 | $-13.3M | $-3.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-11.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-3.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -5970.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -2226.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | 0.22× | -0.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
