WLTH 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-06-12

• Net deposits were $0.6 billion during the three months ended April 30, 2026, a decrease of $1.2 billion, or 69%, compared to the same period in the prior year. The decline was primarily due to cash management net deposits due to expected tax time seasonality and the continued lower absolute level of…

• separate funded client. The number of funded clients is as of a stated date and reflects our scale and monetization potential.

• Funded clients were 1.5 million as of April 30, 2026, an increase of 0.2 million, or 15%, compared to April 30, 2025. The increase in funded clients was primarily due to an increase in new cash management clients.

• We collect and analyze operating and financial data to evaluate the health of our business, allocate our resources, and assess our performance. In addition to total revenue, net income and other results under GAAP, we utilize non-GAAP calculations of adjusted earnings before interest, taxes, depreci…

• Cash management primarily consists of fees earned from program banks in our cash sweep program with respect to clients’ cash swept to each program bank (“Cash Account fees”). Cash Account fees are recognized daily and received on a monthly basis in arrears. We recognize Cash Account fees on a gross …

相对上期删除的文字 · 来源:10-Q · 2026-01-23

• Net deposits were $1.6 billion during the three months ended October 31, 2025, a decrease of $2.8 billion, or 64%, compared to the same period in the prior year. During the three months ended October 31, 2025, we recorded the second-highest quarterly volume of cross product flows—cash management cli…

• 2 As of October 31, 2025, approximately 1.3% of funded clients had an account with assets of zero during the applicable measurement period.

• a separate funded client. The number of funded clients is as of a stated date and reflects our scale and monetization potential.

• Funded clients were 1.4 million as of October 31, 2025, an increase of 0.2 million, or 20%, compared to October 31, 2024. The increase in funded clients was primarily due to an increase in new cash management clients.

• We collect and analyze operating and financial data to evaluate the health of our business, allocate our resources, and assess our performance. In addition to total revenue, net income and other results under GAAP, we utilize non-GAAP calculations of adjusted earnings before interest, taxes, depreci…

相对上期新增的文字 · 来源:10-Q · 2026-06-12

• We may not successfully accomplish any of these objectives and, as a result, it is difficult for us to accurately forecast our future operating results. If the assumptions that we use to plan our business are incorrect or change in reaction to changes in our markets, we may be unable to maintain con…

• revenue or revenue growth, the value of our stock could be volatile, and it may be difficult to maintain profitability. We base our expense levels and the growth of our platform assets on estimates. We have made significant investment in the growth of our business and, if that investment is not suff…

• our target demographic markets from cryptocurrency, sports betting and prediction market companies, and from financial services companies offering high-risk products such as zero-day options. These offerings may compete with us for client attention and wallet share.

• transactions in connection therewith. Such failures could result in lost revenue, reputational harm, regulatory penalties, or, to the extent we sell loans or other assets, obligations to repurchase previously sold assets.

• While we have policies, procedures, and controls that are designed to address and manage these risks, if any of our policies or procedures are inadequately designed or ineffective in practice, or our

相对上期删除的文字 · 来源:10-Q · 2026-01-23

• We may not successfully accomplish any of these objectives and, as a result, it is difficult for us to accurately forecast our future operating results. If the assumptions that we use to plan our business are incorrect or change in reaction to changes in our markets, we may be unable to maintain con…

• While we have policies, procedures, and controls that are designed to address and manage these risks, if any of our policies or procedures are inadequately designed or ineffective in practice, or our controls fail, our brand or reputation could be damaged. Any damage to our brand or reputation could…

• could have a material impact on our reputation, as well as our business, operating results, and financial condition. These risks may be heightened by the rapid growth and complexity of new software or software-based tools, evolving data sets and standards, and market volatility.

• condition could be adversely affected by real or perceived inaccuracies in those metrics or any changes in metrics we disclose.

• In addition to our corporate operating accounts, Cash Account assets are swept to one or more program banks where funds earn a variable rate of interest and are eligible for FDIC insurance. FDIC insurance is not provided, and interest is not earned, until the funds arrive at the program banks. If on…