Income Statement ATN International, Inc.

Equities

ATNI

US00215F1075

Integrated Telecommunications Services

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-21 pm EST			5-day change	1st Jan Change
15.66 ^USD	+2.22%		+3.64%	-6.84%

Jan. 06	ATN's Alaska Communications Names New CEO	MT
Dec. 31	Top Premarket Decliners	MT

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Published financial data: ATN INTERNATIONAL, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	439M	434M	586M	708M	746M
Other Revenues, Total	-	21.94M	17.2M	17.76M	16.5M
Total Revenues	439M	455M	603M	726M	762M
Cost of Goods Sold, Total	113M	122M	285M	329M	330M
Gross Profit	326M	333M	317M	397M	432M
Selling General & Admin Expenses, Total	138M	138M	185M	232M	243M
Stock-Based Compensation (IS)	-	-	-	-	8.54M
R&D Expenses	77.65M	73.35M	-	-	-
Depreciation & Amortization - (IS)	89.12M	88.31M	103M	135M	142M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	7.78M	13.02M	12.64M
Other Operating Expenses, Total	305M	300M	296M	380M	406M
Operating Income	20.72M	33.29M	21.34M	17.13M	26.24M
Interest Expense, Total	-5.01M	-5.35M	-9.61M	-20.42M	-42.69M
Interest And Investment Income	2.26M	421K	132K	174K	476K
Net Interest Expenses	-2.75M	-4.93M	-9.48M	-20.24M	-42.21M
Income (Loss) On Equity Invest.	-	-3.43M	-86K	5.66M	-
Currency Exchange Gains (Loss)	-1.6M	-1.4M	-900K	-900K	-1.4M
Other Non Operating Income (Expenses)	761K	66K	7K	-6.21M	509K
EBT, Excl. Unusual Items	17.14M	23.61M	10.88M	-4.57M	-16.86M
Restructuring Charges	-	-	-	-	-11.23M
Merger & Related Restructuring Charges	-	-300K	-10.22M	-	-
Impairment of Goodwill	-3.28M	-	-20.59M	-	-
Gain (Loss) On Sale Of Investments	-4.7M	-	-	5.7M	2.8M
Gain (Loss) On Sale Of Assets	-2.84M	-21.57M	-2.76M	-4.39M	-1.7M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-244K	-1.64M	-	-4.8M	-551K
EBT, Incl. Unusual Items	6.07M	93K	-22.69M	-8.06M	-27.54M
Income Tax Expense	4.1M	801K	-1.88M	-473K	-8.78M
Earnings From Continuing Operations	1.97M	-708K	-20.81M	-7.58M	-18.75M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	1.97M	-708K	-20.81M	-7.58M	-18.75M
Minority Interest	-12.77M	-13.41M	-1.3M	1.94M	4.22M
Net Income - (IS)	-10.81M	-14.12M	-22.11M	-5.64M	-14.54M
Preferred Dividend and Other Adjustments	-	-	1.96M	4.86M	4.94M
Net Income to Common Incl Extra Items	-10.81M	-14.12M	-24.07M	-10.5M	-19.48M
Net Income to Common Excl. Extra Items	-10.81M	-14.12M	-24.07M	-10.5M	-19.48M
Per Share Items
Net EPS - Basic	-0.68	-0.89	-1.52	-0.67	-1.25
Basic EPS - Continuing Operations	-0.68	-0.89	-1.52	-0.67	-1.25
Basic Weighted Average Shares Outstanding	15.98M	15.92M	15.87M	15.75M	15.6M
Net EPS - Diluted	-0.68	-0.89	-1.52	-0.67	-1.25
Diluted EPS - Continuing Operations	-0.68	-0.89	-1.52	-0.67	-1.25
Diluted Weighted Average Shares Outstanding	15.98M	15.92M	15.87M	15.75M	15.6M
Normalized Basic EPS	-0.13	0.08	0.35	-0.06	-0.41
Normalized Diluted EPS	-0.13	0.08	0.35	-0.06	-0.41
Dividend Per Share	0.68	0.68	0.68	0.72	0.87
Payout Ratio	-100.68	-77.12	-48.91	-189.69	-90.65
Supplemental Items
EBITDA	110M	122M	132M	165M	181M
EBITA	22.52M	34.79M	29.12M	30.14M	38.88M
EBIT	20.72M	33.29M	21.34M	17.13M	26.24M
EBITDAR	131M	145M	159M	196M	211M
Total Revenues (As Reported)	439M	455M	603M	726M	762M
Effective Tax Rate - (Ratio)	67.61	861.29	8.28	5.87	31.9
Current Domestic Taxes	-1.9M	507K	462K	322K	1.32M
Current Foreign Taxes	8.19M	7.61M	4.27M	6.66M	6.65M
Total Current Taxes	6.3M	8.12M	4.73M	6.98M	7.97M
Deferred Domestic Taxes	-1.9M	-6.94M	-7.2M	-6.42M	-10.57M
Deferred Foreign Taxes	-294K	-377K	590K	-1.03M	-6.19M
Total Deferred Taxes	-2.19M	-7.32M	-6.61M	-7.45M	-16.76M
Normalized Net Income	-2.06M	1.34M	5.5M	-918K	-6.32M
Interest on Long-Term Debt	5.01M	5.35M	9.61M	20.42M	42.69M
Non-Cash Pension Expense	-1.1M	-386K	-1.29M	284K	344K
Supplemental Operating Expense Items
Selling and Marketing Expenses	38.73M	37.56M	-	-	-
General and Administrative Expenses	101M	101M	-	-	-
Research And Development Expense From Footnotes	77.65M	73.35M	-	-	-
Net Rental Expense, Total	21.42M	23.18M	26.66M	30.29M	30.99M
Imputed Operating Lease Interest Expense	7.01M	6.8M	6.72M	9.51M	17.34M
Imputed Operating Lease Depreciation	14.41M	16.38M	19.95M	20.78M	13.66M
Stock-Based Comp., G&A Exp. (Total)	6.38M	5.91M	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	6.58M	7.41M	-
Stock-Based Comp., Other (Total)	-	-	-	-	8.54M
Total Stock-Based Compensation	6.38M	5.91M	6.58M	7.41M	8.54M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	161M	104M	79.6M	54.66M	49.22M
Short Term Investments	416K	-	300K	300K	300K
Total Cash And Short Term Investments	162M	104M	79.9M	54.96M	49.52M
Accounts Receivable, Total	38.32M	47.86M	82.65M	95.55M	149M
Other Receivables	-	-	-	-	-
Total Receivables	38.32M	47.86M	82.65M	95.55M	149M
Inventory	5.25M	5.5M	10.18M	17.9M	19.13M
Prepaid Expenses	20.68M	45.07M	56.59M	56.21M	50.19M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	1.07M	1.07M	1.1M	5.07M	12.94M
Other Current Assets, Total	1.7M	36.64M	2.2M	-	-
Total Current Assets	229M	240M	233M	230M	281M
Gross Property Plant And Equipment	1.31B	1.32B	1.87B	2.09B	2.19B
Accumulated Depreciation	-632M	-716M	-805M	-922M	-1.01B
Net Property Plant And Equipment	674M	600M	1.06B	1.16B	1.18B
Long-term Investments	19.6M	19.2M	16.1M	38.17M	42.91M
Goodwill	60.69M	60.69M	40.1M	40.1M	40.1M
Other Intangibles, Total	106M	123M	158M	146M	133M
Accounts Receivable Long-Term	905K	910K	40.55M	50.48M	51.18M
Deferred Charges Long-Term	1.1M	1.2M	2.3M	8.3M	11.3M
Other Long-Term Assets, Total	39.74M	38.95M	56.82M	30.78M	44.05M
Total Assets	1.13B	1.08B	1.61B	1.71B	1.78B
Liabilities
Accounts Payable, Total	74.09M	95.9M	151M	155M	182M
Current Portion of Long-Term Debt	3.75M	3.75M	9.28M	12.25M	31.4M
Current Portion of Leases	11.41M	12.67M	16.2M	15.46M	15.16M
Current Income Taxes Payable	3.52M	2.5M	5.68M	7.34M	10.88M
Unearned Revenue Current, Total	15.04M	18.54M	25.33M	27.28M	30.99M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	11.86M	14.56M	12.98M	15.63M	22.7M
Total Current Liabilities	120M	148M	221M	233M	293M
Long-Term Debt	82.68M	69.07M	357M	455M	532M
Long-Term Leases	56.16M	52.28M	91.72M	83.32M	76.94M
Unearned Revenue Non Current	5.45M	2.19M	81.39M	72.54M	64.04M
Pension & Other Post Retirement Benefits	5.1M	5.13M	7.3M	4.99M	5.03M
Deferred Tax Liability Non Current	8.68M	10.68M	21.46M	28.65M	19.78M
Other Non Current Liabilities	46.9M	42.1M	53.34M	60.89M	69.5M
Total Liabilities	325M	329M	833M	939M	1.06B
Common Stock, Total	172K	172K	172K	173K	173K
Additional Paid In Capital	188M	188M	192M	198M	206M
Retained Earnings	542M	517M	476M	450M	417M
Treasury Stock	-51.13M	-59.46M	-71.71M	-73.82M	-90.45M
Comprehensive Income and Other	-3.28M	278K	4.77M	6.21M	8.27M
Total Common Equity	676M	646M	601M	581M	541M
Minority Interest	130M	109M	174M	188M	183M
Total Equity	806M	754M	775M	769M	724M
Total Liabilities And Equity	1.13B	1.08B	1.61B	1.71B	1.78B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15.8M	15.67M	15.46M	15.45M	15.2M
ECS Total Common Shares Outstanding	15.8M	15.67M	15.48M	15.5M	15.14M
Book Value / Share	42.8	41.19	38.83	37.46	35.74
Tangible Book Value	510M	462M	403M	395M	368M
Tangible Book Value Per Share	32.27	29.47	26.03	25.48	24.32
Total Debt	154M	138M	474M	566M	655M
Net Debt	-7.71M	33.85M	395M	511M	605M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-1.37M	-580K	-3.09M	-5.38M	-7.36M
Debt Equivalent Oper. Leases	171M	185M	213M	242M	248M
Minority Interest, Total (Incl. Fin. Div)	130M	109M	174M	188M	183M
Equity Method Investments, Total	-	17.9M	14.8M	13.96M	-
Account Code - Inventory Valuation	8	8	8	8	8
Land - (BS)	15.5M	8.18M	10.61M	11.31M	11.65M
Buildings, Total	48.56M	52.05M	126M	136M	138M
Machinery, Total	1.08B	1.12B	1.5B	1.64B	1.69B
Full Time Employees	1.7K	1.7K	2.3K	2.4K	2.3K
Accumulated Allowance for Doubtful Accounts (Supple)	12.72M	12.1M	13.9M	15.2M	16.4M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-10.81M	-14.12M	-22.11M	-5.64M	-14.54M
Depreciation & Amortization - CF	87.32M	86.81M	103M	135M	142M
Amortization of Goodwill and Intangible Assets - (CF)	1.8M	1.5M	7.78M	13.02M	12.64M
Depreciation & Amortization, Total	89.12M	88.31M	111M	148M	154M
Amortization of Deferred Charges, Total - (CF)	542K	530K	1.28M	2.01M	2.43M
(Gain) Loss From Sale Of Asset	2.84M	21.57M	2.76M	4.39M	1.7M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	3.28M	-	20.59M	-	-
(Income) Loss On Equity Investments - (CF)	4.72M	3.43M	86K	-5.66M	-4.2M
Stock-Based Compensation (CF)	6.38M	5.91M	6.58M	7.41M	8.54M
Provision and Write-off of Bad Debts	5.82M	5.01M	4.85M	6.69M	5.01M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	10.9M	6.45M	-5.39M	-7.66M	-20.6M
Change In Accounts Receivable	-3.51M	-17.77M	-37.86M	-19.1M	-20.2M
Change In Inventories	-1.61M	-18.62M	-5.3M	-15.52M	7.67M
Change In Accounts Payable	-2.54M	12.6M	11.68M	-125K	2.43M
Change In Income Taxes	-14.47M	3.02M	-3.87M	9.19M	7.8M
Change in Other Net Operating Assets	-2.77M	-10.03M	-3.25M	-21.21M	-18.66M
Cash from Operations	87.9M	86.28M	80.55M	103M	112M
Capital Expenditure	-72.72M	-75.32M	-106M	-160M	-163M
Sale of Property, Plant, and Equipment	-	-	-	1.07M	-
Cash Acquisitions	-	-	-340M	-18.04M	-
Divestitures	6.57M	-	18.6M	1.84M	1.31M
Sale (Purchase) of Intangible assets	-	-20.4M	-	-1.07M	-
Investment in Marketable and Equity Securities, Total	-25.25M	9.2M	-6.4M	13M	-2.71M
Other Investing Activities, Total	3.14M	16.32M	7.52M	-3.92M	-422K
Cash from Investing	-88.26M	-70.2M	-427M	-167M	-165M
Long-Term Debt Issued, Total	-	-	344M	151M	297M
Total Debt Issued	-	-	344M	151M	297M
Long-Term Debt Repaid, Total	-4.7M	-13.75M	-44.09M	-83.5M	-200M
Total Debt Repaid	-4.7M	-13.75M	-44.09M	-83.5M	-200M
Issuance of Common Stock	-	-	383K	-	-
Repurchase of Common Stock	-1.81M	-8.32M	-12.26M	-2.11M	-16.47M
Common Dividends Paid	-10.88M	-10.89M	-10.81M	-10.71M	-13.18M
Common & Preferred Stock Dividends Paid	-10.88M	-10.89M	-10.81M	-10.71M	-13.18M
Other Financing Activities, Total	-12.52M	-40.4M	44.18M	-10.99M	-10.81M
Cash from Financing	-29.91M	-73.37M	322M	43.36M	55.92M
Foreign Exchange Rate Adjustments	-282K	-80K	-	-	-
Net Change in Cash	-30.55M	-57.36M	-24.3M	-20.97M	2.44M
Supplemental Items
Cash Interest Paid	4.55M	4.83M	8.23M	19.92M	39.25M
Cash Income Tax Paid (Refund)	30.41M	6.12M	3.97M	3.24M	2.9M
Levered Free Cash Flow	18.21M	-25.63M	66.62M	-17.66M	-24.21M
Unlevered Free Cash Flow	20.8M	-22.81M	71.36M	-6.91M	35K
Change In Net Working Capital	14.93M	42.13M	-47.08M	11.99M	15.87M
Net Debt Issued / Repaid	-4.7M	-13.75M	300M	67.17M	96.38M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.16	1.88	0.99	0.65	0.94
Return on Total Capital	1.38	2.25	1.25	0.83	1.21
Return On Equity %	0.24	-0.09	-2.72	-0.98	-2.51
Return on Common Equity	-1.58	-2.14	-3.86	-1.78	-3.47
Margin Analysis
Gross Profit Margin %	74.26	73.13	52.65	54.71	56.7
SG&A Margin	31.52	30.32	30.77	31.94	31.9
EBITDA Margin %	25.04	26.7	21.88	22.77	23.68
EBITA Margin %	5.13	7.64	4.83	4.15	5.1
EBIT Margin %	4.72	7.31	3.54	2.36	3.44
Income From Continuing Operations Margin %	0.45	-0.16	-3.45	-1.04	-2.46
Net Income Margin %	-2.46	-3.1	-3.67	-0.78	-1.91
Net Avail. For Common Margin %	-2.46	-3.1	-3.99	-1.45	-2.56
Normalized Net Income Margin	-0.47	0.29	0.91	-0.13	-0.83
Levered Free Cash Flow Margin	4.15	-5.63	11.05	-2.43	-3.18
Unlevered Free Cash Flow Margin	4.74	-5.01	11.84	-0.95	0
Asset Turnover
Asset Turnover	0.39	0.41	0.45	0.44	0.44
Fixed Assets Turnover	0.67	0.71	0.73	0.65	0.65
Receivables Turnover (Average Receivables)	11.17	10.06	8.97	7.95