Atlas Lithium Corp (ATLX) Financial Statements
Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
In fiscal 2025, Atlas Lithium reported revenue of $92,491, down 86.1% from $667,131 the year before. Net income was -$28.1M (a -30392.8% net margin), or -$1.54 per diluted share. Gross margin was -64.3% and operating margin was -34221.4%. Operating activities generated -$22.2M of cash, leaving -$28.3M of free cash flow. At fiscal year end, Atlas Lithium held $87.7M in total assets against $35.2M in total liabilities, including $35.9M of cash and equivalents.
Open the full interactive Atlas Lithium financials → Quarterly statements, key ratios, valuation history and price charts.
Atlas Lithium Key Stats
| Share Price | $2.07 |
|---|---|
| Market Cap | $60.8M |
| Revenue YoY Growth | -86.1% |
| 52-Week Range | $2.07 – $7.45 |
| Shares Outstanding | 29.4 million (basic, 2026 Q2) |
Atlas Lithium Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $23,446 | $10,232 | $6,765 | — | $667,131 | $92,491 |
| Gross Profit | -$106,497 | -$235,578 | -$56,783 | — | $265,694 | -$59,431 |
| Operating Income | -$1.3M | -$3.5M | -$5.5M | -$42.6M | -$43.9M | -$31.7M |
| Pre-Tax Income | -$1.5M | -$4.0M | -$5.7M | -$42.6M | -$44.4M | -$31.9M |
| Income Tax | — | -$1.3M | -$1.0M | -$1.2M | $18,923 | -$3.8M |
| Net Income | -$1.5M | -$2.8M | -$4.6M | -$41.4M | -$42.2M | -$28.1M |
| Diluted EPS | -$0.00 | -$0.00 | — | -$4.11 | -$2.91 | -$1.54 |
Atlas Lithium Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | — | — | $74,386 | — |
| Net Income | -$7.0M | -$6.6M | -$13.6M | -$10.2M |
| Diluted EPS | -$0.35 | -$0.36 | -$0.50 | -$0.35 |
Atlas Lithium Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | $29.5M | $15.5M | $35.9M |
| Current Assets | $305,145 | $57,930 | $345,414 | $29.7M | $16.2M | $37.9M |
| Total Assets | $951,888 | $1.6M | $5.7M | $43.7M | $57.9M | $87.7M |
| Current Liabilities | $2.3M | $998,405 | $2.8M | $5.7M | $5.7M | $14.8M |
| Total Long-Term Debt | $1.7M | — | — | $9.8M | $9.9M | — |
| Total Liabilities | $2.4M | $1.1M | $2.9M | $34.4M | $35.8M | $35.2M |
| Shareholders' Equity | -$3.5M | -$1.1M | $1.7M | $8.9M | $21.3M | $52.0M |
Atlas Lithium Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$996,781 | -$1.9M | -$1.5M | -$5.0M | -$18.8M | -$22.2M |
| Cash From Investing | -$13,643 | -$288,761 | -$2.8M | -$7.1M | -$27.3M | -$9.0M |
| Cash From Financing | $1.1M | $1.8M | $4.5M | $41.2M | $32.1M | $51.5M |
| Free Cash Flow | — | — | — | -$11.0M | -$41.2M | -$28.3M |
Figures from Atlas Lithium's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Atlas Lithium financials page for every line item.
Atlas Lithium Company Profile
| Ticker | ATLX |
|---|---|
| Exchange | Nasdaq |
| Industry | Mining & Quarrying of Nonmetallic Minerals (No Fuels) |
| Headquarters | Boca Raton, Florida |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001540684 |
Frequently Asked Questions
What was Atlas Lithium's revenue in fiscal 2025?
Atlas Lithium (ATLX) reported revenue of $92,491 for fiscal 2025.
What is Atlas Lithium's annual revenue history?
Atlas Lithium's annual revenue by fiscal year: 2020: $23,446; 2021: $10,232; 2022: $6,765; 2024: $667,131; 2025: $92,491.
What was Atlas Lithium's net income in fiscal 2025?
Atlas Lithium reported net income of -$28.1M for fiscal 2025.
What was Atlas Lithium's earnings per share (EPS) in fiscal 2025?
Atlas Lithium's diluted EPS was -$1.54 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Atlas Lithium generate in fiscal 2025?
Atlas Lithium generated -$28.3M of free cash flow in fiscal 2025.
How many shares of Atlas Lithium are outstanding?
Atlas Lithium reported a weighted average of 29.4 million basic shares outstanding in 2026 Q2.
What is Atlas Lithium's market cap?
Based on its latest closing price, Atlas Lithium (ATLX) has a market capitalization of about $60.8M.
When does Atlas Lithium's fiscal year end?
Atlas Lithium's fiscal year end, as registered with the SEC, is December 31.
Where is Atlas Lithium headquartered?
Atlas Lithium lists its business address in Boca Raton, Florida in its SEC filings.
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