Business
Waton Financial Limited Reports Unaudited Financial Results for the First Six Months of Fiscal Year 2026
HONG KONG, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Waton Financial Limited (NASDAQ: WTF) (“Waton” or the “Company”), a provider of securities brokerage and
About this update from Waton Financial Limited
[{"type":"text","content":"HONG KONG, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Waton Financial Limited (NASDAQ: WTF) (“Waton” or the “Company”), a provider of securities brokerage and financial technology services, today announced its unaudited financial results for the first six months ended September 30, 2025, representing the first half of fiscal year 2026. Management Commentary “We are pleased with our revenue growth in the first half of fiscal 2026, particularly in our core brokerage operations, which benefited from investor interest in the Hong Kong market,” said ZHOU Kai, Chairman of the Board and Chief Technology Officer of the Company. “While we continue to invest in talent, technology, and compliance to support our and long-term expansion, including potential enhancements in virtual assets and AI-driven services as outlined in our recent Form 20-F filing, we remain focused on driving sustainable profitability and shareholder value amid evolving market dynamics.” First Six Months of Fiscal Year 2026 Financial Highlights Total Revenues: Increased by 106.3% to $6.10 million for the six months ended September 30, 2025, from $2.96 million for the six months ended September 30, 2024, driven primarily by growth in brokerage and commission income. Brokerage and Commission Income (including related parties’ portion): Increased by 223.1% to $4.17 million for the six months ended September 30, 2025, from $1.29 million for the six months ended September 30, 2024, reflecting increased trading volumes and customer engagement. Interest Income (including related parties’ portion): Increased by 83.8% to $0.96 million for the six months ended September 30, 2025, from $0.52 million for the six months ended September 30, 2024, supported by expanded margin financing to customers. Operating Loss: Increased to $8.45 million for the six months ended September 30, 2025, from $0.92 million for the six months ended September 30, 2024, primarily due to an increase in staff compensation and benefits in share-based compensation as a result of our business expansion, our research and development initiatives and professional fees for our initial public offering we closed on April 1, 2025 (the “IPO”), all of which were recognized during the six months ended September 30, 2025 (2024: nil). Net Loss: Increased to $8.37 million for the six months ended September 30, 2025, or $0.17 per ba...