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Webull Corporation operates as a digital investment platform. Its platform enables retail investors to trade securities through its licensed broker dealer in the United States, Canada, the United Kingdom, Australia, Hong Kong, Indonesia, Singapore, Malaysia, Thailand, Japan, South Africa, the Netherlands, and internationally. Webull Corporation was founded in 2016 and is headquartered in Saint Petersburg, Florida.
Source: TradingView
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Webull Corp operates a digital brokerage offering retail access to stocks, options, ETFs and cryptocurrencies via web and mobile apps. Long-term growth may be supported by continued shifts to digital self-directed investing, expansion of product and geographic reach, and broader monetization of trading-related services; investors may value its technology-focused experience and potential to gain wallet share from larger brokers.
Principal risks are intense competitor pressure, revenue sensitivity to trading volumes and markets, regulatory and compliance uncertainty, and execution risk in achieving sustainable profitability.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 45.20M | -12.05M | 20.18M | 65.69M | -0.03M |
| Minority interest | 0.40M | 0.49M | 0.25M | 0.00M | - |
| Net income | 24.77M | -22.69M | 6.07M | 50.08M | -0.03M |
| Selling general administrative | 175.51M | 122.60M | 95.96M | 76.96M | - |
| Selling and marketing expenses | 125.84M | 132.17M | 147.41M | 132.78M | - |
| Gross profit | 442.25M | 310.92M | 323.18M | 328.57M | - |
| Reconciled depreciation | 3.20M | 3.51M | 2.78M | 1.42M | - |
| Ebit | 50.66M | -11.93M | 22.98M | 68.55M | - |
| Ebitda | 53.89M | -5.26M | 27.66M | 72.06M | -0.03M |
| Depreciation and amortization | 3.23M | 6.67M | 4.68M | 3.50M | - |
| Operating income | 58.47M | -14.35M | 22.98M | 68.55M | -0.03M |
| Other operating expenses | 512.52M | 404.58M | 366.62M | 319.78M | 0.03M |
| Interest expense | 5.46M | 0.12M | - | - | - |
| Tax provision | 20.83M | 13.82M | 16.14M | 32.21M | - |
| Interest income | - | 0.00M | 0.00M | 1.41M | - |
| Net interest income | -5.46M | -0.12M | 0.00M | 1.41M | - |
| Income tax expense | 20.83M | 13.82M | 16.14M | 32.21M | - |
| Total revenue | 571.00M | 390.23M | 389.60M | 388.33M | - |
| Total operating expenses | 383.77M | 325.28M | 300.20M | 260.01M | 0.03M |
| Cost of revenue | 128.75M | 79.31M | 66.42M | 59.76M | - |
| Total other income expense net | -13.28M | 2.30M | -2.80M | -2.87M | - |
| Net income from continuing ops | 24.37M | -25.87M | 4.04M | 33.47M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 3880.87M | 2068.67M | 1260.14M | 1091.68M | - |
| Intangible assets | 85.70M | 19.42M | 21.40M | 18.04M | - |
| Other current assets | 7.82M | 960.11M | 663.36M | 529.32M | - |
| Total liab | 2864.39M | 1461.90M | 695.88M | 578.18M | - |
| Total stockholder equity | 1016.29M | 605.50M | 563.60M | 513.50M | - |
| Other current liab | 13.42M | 45.66M | 32.99M | 470.03M | - |
| Common stock | 5.24M | 0.01M | 0.01M | 0.00M | - |
| Capital stock | 0.01M | 0.01M | 0.01M | 0.00M | - |
| Retained earnings | -2178.19M | -2241.07M | -1755.92M | -1444.26M | - |
| Good will | 30.26M | 5.20M | 5.20M | 0.00M | - |
| Other assets | - | - | - | -0.00M | - |
| Cash | 2190.31M | 270.73M | 372.34M | 436.22M | - |
| Total current liabilities | 3.61M | 1446.17M | 680.51M | 563.11M | - |
| Current deferred revenue | - | - | - | 0.26M | - |
| Net debt | -2112.79M | -255.32M | -359.27M | -418.84M | - |
| Short term debt | 3.61M | 9.94M | 6.95M | 7.75M | - |
| Short long term debt total | 77.52M | 15.41M | 13.07M | 17.38M | - |
| Other stockholder equity | 3187.72M | - | - | - | - |
| Total current assets | 3462.05M | 1931.76M | 1182.67M | 1025.57M | - |
| Short term investments | 172.31M | 108.25M | 45.53M | 0.49M | - |
| Net receivables | 1271.75M | 592.67M | 101.44M | 59.55M | - |
| Long term debt | 65.00M | - | - | - | - |
| Accounts payable | 2686.87M | 1388.29M | 640.17M | 82.86M | - |
| Accumulated other comprehensive income | 1.52M | -15.20M | -6.86M | -8.52M | - |
| Non currrent assets other | 223.52M | 7.60M | 0.02M | 0.00M | - |
| Non current assets total | 418.82M | 136.91M | 77.47M | 66.12M | - |
| Capital lease obligations | 12.52M | 15.41M | 13.07M | 12.14M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Investments | - | -2.41M | -10.04M | -32.43M |
| Total cashflows from investing activities | 45.50M | -2.41M | -10.04M | -32.43M |
| Net borrowings | -35.00M | 0.00M | 0.00M | -10.84M |
| Total cash from financing activities | 352.08M | 40.35M | 12.84M | 17.89M |
| Net income | 24.37M | -23.18M | 5.82M | 50.08M |
| Change in cash | 980.35M | 215.82M | 475.85M | -51.20M |
| Begin period cash flow | 1209.96M | 994.14M | 518.30M | 569.50M |
| End period cash flow | 2190.31M | 1209.96M | 994.14M | 518.30M |
| Total cash from operating activities | 566.42M | 185.22M | 470.60M | -31.21M |
| Issuance of capital stock | 194.31M | 40.30M | 20.00M | 73.73M |
| Depreciation | 3.20M | 3.51M | 2.78M | 1.42M |
| Change to account receivables | -281.52M | 264.63M | 519.63M | 3.16M |
| Sale purchase of stock | -20.01M | 0.00M | 0.00M | -55.00M |
| Other cashflows from financing activities | -3.86M | 40.35M | 12.84M | 28.72M |
| Capital expenditures | 4.89M | 2.41M | 4.54M | 31.55M |
| Change in working capital | 495.48M | 178.90M | 433.33M | -108.02M |
| Stock based compensation | 43.87M | 32.59M | 29.41M | 30.02M |
| Other non cash items | -3.53M | 1.15M | 0.34M | 0.71M |
| Free cash flow | 561.54M | 182.80M | 466.05M | -62.76M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| BULL Webull Corp |
0.18 3.80% |
5.05 | - | 28.01 | 6.61 | 3.67 | 5.22 | 55.29 |
| SAP SAP SE ADR |
0.36 0.15% |
234.10 | 28.16 | 22.42 | 6.52 | 4.85 | 5.60 | 16.61 |
| CRM Salesforce Inc |
4.02 1.88% |
217.50 | 23.41 | 15.55 | 4.79 | 5.56 | 5.55 | 14.88 |
| SAPGF SAP SE |
-0.33 0.14% |
234.00 | 76.28 | 22.88 | 5.61 | 3.84 | 5.59 | 26.18 |
| SHOP Shopify Inc |
2.65 1.81% |
149.26 | 90.18 | 53.19 | 12.70 | 13.17 | 12.23 | 67.86 |
Webull Corporation operates as a digital investment platform. Its platform enables retail investors to trade securities through its licensed broker dealer in the United States, Canada, the United Kingdom, Australia, Hong Kong, Indonesia, Singapore, Malaysia, Thailand, Japan, South Africa, the Netherlands, and internationally. Webull Corporation was founded in 2016 and is headquartered in Saint Petersburg, Florida.
200 Carillon Parkway, Saint Petersburg, FL, United States, 33716
917 725 2448
1396
| Name | Title | Year Born |
|---|---|---|
| Mr. Anquan Wang | Founder, CEO & Chairman | 1980 |
| Mr. Anthony Michael Denier | President & Director | 1979 |
| Mr. H. C. Wang | CFO & Director | 1984 |
| Mr. Benjamin W. James | General Counsel & Director | 1981 |
| Ms. Arianne Adams | Chief Strategy Officer | 1978 |
| Mr. James Chao | Head of Internal Controls | NA |
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