Webull Corporation Incentive Warrant

Webull Corporation Incentive Warrant

BULLZ
Webull Corporation Incentive WarrantUS flagNASDAQ Global Select
1.87
USD
+1.05
- -
260.39MMarket Cap
Webull Corporation Incentive Warrant
BULLZ
(NASDAQ Global Select)

Recent

price

1.87

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
388
390
390
571
614
Sales/Revenue/Turnover
17.65
5.9
-3.68
10.24
5.79
Operating Margin (%)
1
3
4
3
- -
Depreciation Expense
50
6
-23
25
-10
Net Income, GAAP
49.04
79.99
- -
46.09
179.99
Effective Tax Rate (%)
12.9
1.56
-5.82
4.34
-1.64
Profit Margin (%)
462
502
486
907
916
Working Capital
10
10
10
74
73
LT Debt
-1,453
-1,762
-2,255
1,016
1,018
Total Equity
- -
0.83
- -
-5.57
4.96
Return on Invested Capital (%)
- -
1.13
- -
-3.84
1.33
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
4
3
LT Borrowings
100
65
65
LT Finance Leases
9
9
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
502
523
531
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,302
3,685
3,525
Cash, Cash Equivalents & STI
810
825
852
Accounts Receivable, Net
546
714
844
Inventories
- -
- -
- -
Total Current Liabilities
2,366
2,777
2,609
Payables & Accruals
2,363
2,728
2,605
ST Debt
3
4
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-145.08%
Free Cash Flow
- -
- -
207.18%
Net Income, GAAP
- -
- -
-209.15%
Sales/Revenue/Turnover
- -
- -
46.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89
90
101
108
390
2025
117
131
157
165
571
2026
160
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Webull Corporation (NASDAQ: BULL) operates as a digital investment platform providing commission-free and low-cost trading services to retail investors worldwide through its proprietary electronic trading platform accessible via mobile app and desktop; core offerings include stocks, exchange-traded funds (ETFs), options, futures, fixed income products such as US Treasuries and corporate bonds, margin trading, over-the-counter (OTC) securities, cash management, cryptocurrency via Webull Pay app, fractional shares, and investment advisory services. Founded in 2016 and headquartered in St. Petersburg, Florida, the company conducts operations across 14 markets including the United States, Canada, United Kingdom, Australia, Hong Kong, Indonesia, Singapore, Malaysia, Thailand, Japan, South Africa, Brazil, Mexico, and the Netherlands, serving over 24 million registered users with advanced analytical tools, real-time quotes, extended-hours trading, and multi-platform accessibility through subsidiaries like Webull Financial LLC (SEC-registered broker-dealer and SIPC member) and Webull Advisors LLC (SEC-registered investment advisor). In April 2025, Webull completed a business combination with SK Growth Opportunities Corp via reverse merger, enabling its public listing on Nasdaq; later that year in May, it announced redemption of all outstanding Incentive Warrants (BULLZ) effective June 30 at $0.01 per warrant following Class A share price exceeding $18; in November 2025, it formed a strategic partnership with Meritz Financial Group to enter the South Korean market and provide Korean investors access to US equities and Webull's AI-enabled tools.