Atlas Lithium Corporation (ATLX)

From the record

Atlas Lithium Corporation's filings since 2017 show 20 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2019-08-14); a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-11-08); an auditor change (8-K item 4.01, 2 times, the latest 2024-05-10); a late-report notice (Form NT 10-K or NT 10-Q, 16 times, the latest 2021-08-16) (its current reports).

From the record

Atlas Lithium Corporation's 8 filed years say what it did: revenue went from $43 thousand in fiscal 2017 to $92 thousand in fiscal 2025, up 10% a year; it rose in 2 of 7 years; the deepest fall was 86% from fiscal 2024 to fiscal 2025; net income was positive in 0 of 9 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Atlas Lithium Corporation lost about 54 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 0 cents per dollar of everything the company owns. Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 25.5% over the year (the filed statements).

From the record

Atlas Lithium Corporation's standing among 18 graded names in its industry family: revenue of $92 thousand in fiscal 2025 ranks in the bottom 3% by size; a net margin of -30392.8% ranks in the bottom 3%; revenue growth of 73.4% a year over the last 3 filed years ranks in the top 14% (its annual reports).

From the record

Atlas Lithium Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Fogassa, Marc (Chief Executive Officer, as filed), filing under that title since 2021-09-28, 5.1 years (top 35% of its family); the 4 officers and directors filing in the last fifteen months have been on the record a median of 7.8 years (top 19%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 4 people in charge now (bottom 4%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Atlas Lithium Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $36 million against no long-term debt tagged leaves 41% of its assets as net cash, top 7% of its family; cash from operations less capital spending is -30552.4% of revenue (bottom 3%); a gross margin of -64.3% (bottom 3%) (its annual report).

From the record

Atlas Lithium Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 73.4% a year over the last three filed years against 10% over all 8, speeding up (top 8% of its family); the newest year grew -86.2% (bottom 3%); capital spending grew 81.4% a year (top 19%) (its annual reports). Atlas Lithium Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Atlas Lithium Corporation's newest year against its own record: revenue of $92 thousand in fiscal 2025 came in 96.6% below the $3 million its prior three years' pace pointed to (bottom 3% of its family); net income of $28 million against a prior three-year average of $17 million (bottom 15%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 3%) (its annual reports).