Cash flow Atlas Lithium Corporation

Equities

ATLX

US1058613068

Specialty Mining & Metals

Delayed Nasdaq Other stock markets 12:53:16 2024-09-10 pm EDT			5-day change	1st Jan Change
9.087 ^USD	+0.52%		-8.03%	-70.95%

Aug. 22	Atlas Lithium Corporation Announces Executive Changes	CI
Aug. 09	Atlas Lithium Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

072d51e5215151.jbE_PU5M-kaGfeVo3begDHC0ROeIVMUEBgofkK9HaDk.yJxIUCt0owvgDaA9hNnaWRbBDqbOC7ZCY09y5poRKUHI6EUFOAWbF802qA

Published financial data: ATLAS LITHIUM CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	15.39K	23.45K	10.23K	6.76K	-
Total Revenues	15.39K	23.45K	10.23K	6.76K	-
Cost of Goods Sold, Total	182K	130K	246K	63.55K	-
Gross Profit	-167K	-106K	-236K	-56.78K	-
Selling General & Admin Expenses, Total	931K	1.05M	1.81M	2.72M	10.3M
Exploration / Drilling Costs, Total	-	-	-	-	16.55M
Stock-Based Compensation (IS)	166K	124K	1.47M	2.27M	15.61M
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	-	-	-	455K	121K
Other Operating Expenses, Total	1.1M	1.18M	3.28M	5.45M	42.59M
Operating Income	-1.26M	-1.28M	-3.52M	-5.5M	-42.59M
Interest Expense, Total	-755K	-427K	-254K	-	-
Net Interest Expenses	-755K	-427K	-254K	-	-
Other Non Operating Income (Expenses)	906	1.61K	217	-156K	-45.88K
EBT, Excl. Unusual Items	-2.02M	-1.71M	-3.77M	-5.66M	-42.63M
Other Unusual Items	-67.69K	161K	-256K	-	-
EBT, Incl. Unusual Items	-2.09M	-1.55M	-4.03M	-5.66M	-42.63M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-2.09M	-1.55M	-4.03M	-5.66M	-42.63M
Net Income to Company	-2.09M	-1.55M	-4.03M	-5.66M	-42.63M
Minority Interest	224K	404K	1.25M	1.03M	1.24M
Net Income - (IS)	-1.86M	-1.14M	-2.77M	-4.63M	-41.39M
Net Income to Common Incl Extra Items	-1.86M	-1.14M	-2.77M	-4.63M	-41.39M
Net Income to Common Excl. Extra Items	-1.86M	-1.14M	-2.77M	-4.63M	-41.39M
Per Share Items
Net EPS - Basic	-1.74	-0.67	-0.75	-1	-4.11
Basic EPS - Continuing Operations	-1.74	-0.67	-0.75	-1	-4.11
Basic Weighted Average Shares Outstanding	1.07M	1.69M	3.69M	4.61M	10.07M
Net EPS - Diluted	-1.74	-0.67	-0.75	-1	-4.11
Diluted EPS - Continuing Operations	-1.74	-0.67	-0.75	-1	-4.11
Diluted Weighted Average Shares Outstanding	1.07M	1.69M	3.69M	4.61M	10.07M
Normalized Basic EPS	-0.97	-0.39	-0.3	-0.54	-2.52
Normalized Diluted EPS	-0.97	-0.39	-0.3	-0.54	-2.52
Supplemental Items
EBITDA	-1.2M	-1.23M	-3.48M	-5.49M	-42.52M
EBITA	-1.26M	-1.28M	-3.52M	-5.5M	-42.59M
EBIT	-1.26M	-1.28M	-3.52M	-5.5M	-42.59M
EBITDAR	-1.18M	-	-	-	-
Effective Tax Rate - (Ratio)	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-1.04M	-663K	-1.1M	-2.51M	-25.41M
Supplemental Operating Expense Items
General and Administrative Expenses	625K	722K	1.37M	1.8M	10.3M
Exploration/Drilling Costs	-	-	-	-	16.55M
Net Rental Expense, Total	23.02K	-	-	-	-
Imputed Operating Lease Interest Expense	98.49K	-	-	-	-
Imputed Operating Lease Depreciation	-75.47K	-	-	-	-
Stock-Based Comp., Other (Total)	166K	168K	1.65M	2.27M	15.61M
Total Stock-Based Compensation	166K	168K	1.65M	2.27M	15.61M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	151K	254K	22.78K	281K	29.55M
Short Term Investments	4.78K	2.04K	17.25K	47.09K	-
Total Cash And Short Term Investments	156K	256K	40.02K	328K	29.55M
Accounts Receivable, Total	-	20.11K	1.4K	91	-
Other Receivables	22.85K	17.73K	16.51K	17.7K	50.82K
Notes Receivable	-	-	-	-	-
Total Receivables	22.85K	37.83K	17.91K	17.8K	50.82K
Inventory	15.05K	11.68K	-	-	-
Prepaid Expenses	-	-	-	-	114K
Total Current Assets	194K	305K	57.93K	345K	29.71M
Gross Property Plant And Equipment	602K	480K	457K	659K	806K
Accumulated Depreciation	-429K	-390K	-403K	-442K	-
Net Property Plant And Equipment	173K	89.28K	53.83K	218K	806K
Long-term Investments	150K	150K	150K	150K	-
Other Intangibles, Total	510K	407K	1.3M	4.97M	7.12M
Other Long-Term Assets, Total	-	-	-	-	6.05M
Total Assets	1.03M	952K	1.56M	5.68M	43.68M
Liabilities
Accounts Payable, Total	142K	328K	310K	409K	3.41M
Accrued Expenses, Total	508K	324K	5.59K	-	-
Short-term Borrowings	680K	802K	10.17K	21.49K	-
Current Portion of Long-Term Debt	825K	873K	-	-	67.02K
Current Portion of Leases	-	-	-	-	115K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	-	673K	2.37M	2.08M
Total Current Liabilities	2.15M	2.33M	998K	2.8M	5.67M
Long-Term Debt	-	-	-	-	9.7M
Long-Term Leases	-	-	-	-	336K
Unearned Revenue Non Current	-	-	-	-	18.6M
Other Non Current Liabilities	193K	121K	109K	78.96K	58.58K
Total Liabilities	2.35M	2.45M	1.11M	2.88M	34.37M
Preferred Stock Convertible	1	1	215	215	1
Total Preferred Equity	1	1	215	215	1
Common Stock, Total	1.13M	2M	3.11M	5.11K	12.76K
Additional Paid In Capital	47.72M	47.49M	51.47M	62.26M	112M
Retained Earnings	-51.04M	-52.19M	-54.96M	-59.59M	-102M
Comprehensive Income and Other	-581K	-775K	-713K	-981K	-1.12M
Total Common Equity	-2.77M	-3.47M	-1.09M	1.7M	8.89M
Minority Interest	1.45M	1.98M	1.55M	1.11M	423K
Total Equity	-1.32M	-1.5M	457K	2.81M	9.31M
Total Liabilities And Equity	1.03M	952K	1.56M	5.68M	43.68M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.37M	3.33M	4.26M	6.74M	12.77M
ECS Total Common Shares Outstanding	1.51M	2.66M	4.15M	5.11M	12.76M
Book Value / Share	-1.83	-1.3	-0.26	0.33	0.7
Tangible Book Value	-3.28M	-3.88M	-2.4M	-3.28M	1.78M
Tangible Book Value Per Share	-2.17	-1.46	-0.58	-0.64	0.14
Total Debt	1.5M	1.67M	10.17K	21.49K	10.22M
Net Debt	1.35M	1.42M	-29.86K	-306K	-19.33M
Debt Equivalent Oper. Leases	184K	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	1.45M	1.98M	1.55M	1.11M	423K
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Land - (BS)	-	-	-	159K	362K
Machinery, Total	602K	480K	457K	500K	-
Full Time Employees	7	11	11	30	76
Part Time Employees	-	-	-	3	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-1.86M	-1.14M	-2.77M	-4.63M	-41.39M
Depreciation & Amortization - CF	63.46K	47.76K	37.33K	13.81K	73K
Depreciation & Amortization, Total	63.46K	47.76K	37.33K	13.81K	73K
Amortization of Deferred Charges, Total - (CF)	587K	249K	44.02K	-	-
Minority Interest in Earnings - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	175K	168K	1.65M	2.27M	15.61M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	-120K	-543K	-783K	1.49M	-364K
Change In Accounts Receivable	488	-30.43K	17.92K	1.31K	-
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	141K	84.78K	721K	-568K	1.14M
Change in Unearned Revenues	-	-	-	-	20M
Change In Income Taxes	-	-	-	-1.2K	-4.16K
Change in Other Net Operating Assets	224K	169K	-833K	-59.81K	-87.19K
Cash from Operations	-791K	-997K	-1.91M	-1.48M	-5.03M
Capital Expenditure	-677	-1.9K	-6.86K	-178K	-6.02M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-11.74K	-282K	-2.67M	-1.06M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-677	-13.64K	-289K	-2.85M	-7.08M
Short Term Debt Issued, Total	203K	26.18K	149K	-	-
Long-Term Debt Issued, Total	276K	-	-	-	10M
Total Debt Issued	479K	26.18K	149K	-	10M
Short Term Debt Repaid, Total	-318K	-16.93K	-235K	-	-
Total Debt Repaid	-318K	-16.93K	-235K	-	-
Issuance of Common Stock	124K	320K	1.07M	3.9M	31.21M
Other Financing Activities, Total	658K	775K	801K	600K	-
Cash from Financing	942K	1.1M	1.79M	4.5M	41.21M
Foreign Exchange Rate Adjustments	-1.42K	8.38K	183K	82.28K	167K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1
Net Change in Cash	149K	103K	-231K	258K	29.27M
Supplemental Items
Cash Interest Paid	8.57K	-	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-532K	-626K	-542K	-2.21M	-15.41M
Unlevered Free Cash Flow	-648K	-608K	-428K	-2.21M	-15.41M
Change In Net Working Capital	86.36K	9.62K	-368K	-1.79M	-2.61M
Net Debt Issued / Repaid	160K	9.25K	-85.82K	-	10M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-78.48	-80.97	-174.68	-94.91	-107.84
Return on Total Capital	-697.15	-442.42	-680.83	-208.74	-238.03
Return On Equity %	160.74	109.77	774.59	-346.77	-703.44
Return on Common Equity	68.82	36.59	121.39	-1.54K	-836.05
Margin Analysis
Gross Profit Margin %	-1.08K	-454.22	-2.3K	-839.36	-
SG&A Margin	6.05K	4.48K	17.69K	40.24K	-
EBITDA Margin %	-7.8K	-5.26K	-34K	-81.15K	-
EBITA Margin %	-8.21K	-5.47K	-34.36K	-81.36K	-
EBIT Margin %	-8.21K	-5.47K	-34.36K	-81.36K	-
Income From Continuing Operations Margin %	-13.55K	-6.59K	-39.34K	-83.66K	-
Net Income Margin %	-12.1K	-4.87K	-27.09K	-68.42K	-
Net Avail. For Common Margin %	-12.1K	-4.87K	-27.09K	-68.42K	-
Normalized Net Income Margin	-6.74K	-2.83K	-10.78K	-37.05K	-
Levered Free Cash Flow Margin	-3.46K	-2.67K	-5.3K	-32.73K	-
Unlevered Free Cash Flow Margin	-4.21K	-2.6K	-4.18K	-32.73K	-
Asset Turnover
Asset Turnover	0.02	0.02	0.01	0	-
Fixed Assets Turnover	0.07	0.18	0.14	0.05	-
Receivables Turnover (Average Receivables)	-	-	0.95	9.07	-
Inventory Turnover (Average Inventory)	7.55	9.72	-	-	-
Short Term Liquidity
Current Ratio	0.09	0.13	0.06	0.12	5.24
Quick Ratio	0.08	0.13	0.06	0.12	5.22
Operating Cash Flow to Current Liabilities	-0.37	-0.43	-1.92	-0.53	-0.89
Days Sales Outstanding (Average Receivables)	-	-	383.59	40.25	-
Days Outstanding Inventory (Average Inventory)	48.33	37.64	-	-	-
Average Days Payable Outstanding	314.73	696.05	-	2.06K	-
Long Term Solvency
Total Debt/Equity	-113.9	-111.93	2.23	0.77	109.75
Total Debt / Total Capital	819.42	938.15	2.18	0.76	52.32
LT Debt/Equity	-	-	-	-	107.79
Long-Term Debt / Total Capital	-	-	-	-	51.39
Total Liabilities / Total Assets	228.66	257.19	70.79	50.61	78.68
EBIT / Interest Expense	-1.68	-3	-13.86	-	-
EBITDA / Interest Expense	-1.59	-2.89	-13.72	-	-
(EBITDA - Capex) / Interest Expense	-1.59	-2.89	-13.74	-	-
Total Debt / EBITDA	-1.25	-1.36	-0	-0	-0.24
Net Debt / EBITDA	-1.12	-1.15	0.01	0.06	0.45
Total Debt / (EBITDA - Capex)	-1.25	-1.36	-0	-0	-0.21
Net Debt / (EBITDA - Capex)	-1.12	-1.15	0.01	0.05	0.4
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-21.93	52.32	-56.36	-33.88	-
Gross Profit, 1 Yr. Growth %	56.59	-36.14	121.21	-75.9	-
EBITDA, 1 Yr. Growth %	10.78	2.74	181.96	57.81	674.41
EBITA, 1 Yr. Growth %	9.06	1.36	174.36	56.53	673.8
EBIT, 1 Yr. Growth %	9.06	1.36	174.36	56.53	673.8
Earnings From Cont. Operations, 1 Yr. Growth %