ATLN (ATLN)
Atlantic International Corp.
NASDAQ:ATLNHealthcare · Medical - Diagnostics & Research
-4.30%$0.9001
Mkt Cap-
Float23.28M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$435.88M
Net Income-$59.43M
Total Assets$113.23M
Free Cash Flow-$4.46M
Debt & Equity
Debt 158%
Total Debt$87.67M
Total Equity-$32.09M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ATLN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$113.23M
Liabilities$145.32M
Accounts Receivable$69.99M
Accounts Payable$5.11M
Inventory$0
PP&E (Net)$3.17M
Goodwill$0
Intangible Assets$26.6M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $435.88M | $442.61M | $401.37M | $441.54M | $425.03M | $329K | $533K | $779K | $1.34M | $940K |
| YoY Growth | -1.5% | 10.3% | -9.1% | 3.9% | 128894.7% | -38.2% | -31.6% | -41.8% | 42.5% | - |
| Cost of Revenue | $389.89M | $395.43M | $354.5M | $387.34M | $370.62M | $171K | $220K | $674K | $1.08M | $520K |
| Gross Profit | $45.99M | $47.18M | $46.88M | $54.21M | $54.41M | $159K | $313K | $105K | $254K | $420K |
| Gross Margin | 10.6% | 10.7% | 11.7% | 12.3% | 12.8% | 48.2% | 58.8% | 13.5% | 19.0% | 44.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $331K | $1.25M | $1.04M | $975K | $1.11M |
| Selling, General, and Administrative | $91.29M | $64.02M | $45.44M | $42.27M | $42.18M | $777K | $1.36M | $1.47M | $807K | $691K |
| Other | $4.93M | $4.99M | $4.89M | $5.96M | $47.96M | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $96.22M | $69.01M | $50.33M | $48.23M | $90.14M | $1.11M | $2.6M | $2.51M | $1.78M | $1.8M |
| Operating Income (EBIT) | -$50.23M | -$21.83M | -$3.45M | $5.98M | -$35.73M | -$950K | -$2.29M | -$2.4M | -$1.53M | -$1.39M |
| Operating Margin | -11.5% | -4.9% | -0.9% | 1.4% | -8.4% | -288.2% | -429.8% | -308.2% | -114.1% | -147.4% |
| Interest Expense | $9.16M | $12M | $17.54M | $91K | $208K | $287K | $182K | $230K | $180K | $51K |
| Interest Income | $0 | $0 | $0 | $45K | $36K | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$9.16M | -$108.27M | -$17.73M | -$8.39M | -$3.73M | -$96K | -$182K | -$487K | -$180K | -$49K |
| Income Before Tax (EBT) | -$59.4M | -$130.1M | -$21.18M | -$2.41M | -$39.46M | -$1.05M | -$2.47M | -$2.89M | -$1.71M | -$1.43M |
| Income Tax Expense | $34K | $5.38M | -$5.93M | $808K | $1.33M | $0 | $0 | -$4 | $4 | -$2 |
| Net Income | -$59.43M | -$135.48M | -$15.25M | -$3.22M | -$40.8M | -$1.05M | -$2.47M | -$2.89M | -$1.71M | -$1.43M |
| Net Income Margin | -13.6% | -30.6% | -3.8% | -0.7% | -9.6% | -317.3% | -464.0% | -370.7% | -127.5% | -152.6% |
| Supplementary Data | ||||||||||
| EPS | -1.08 | -3.68 | -0.60 | -0.19 | -0.17 | -0.05 | -0.12 | -0.14 | -0.11 | -0.09 |
| Diluted EPS | -1.08 | -3.68 | -0.60 | -0.17 | -0.17 | -0.05 | -0.12 | -0.14 | -0.11 | -0.09 |
| Weighted Average OS | 54.85M | 36.78M | 25.42M | 21.69M | 21.69M | 21.35M | 21.35M | 21.35M | 15.58M | 15.58M |
| EBITDA | -$43.64M | -$111.43M | $1.44M | $6.96M | $8.16M | -$649K | -$2.17M | -$2.59M | -$1.45M | -$1.33M |
| EBITDA Margin | -10.0% | -25.2% | 0.4% | 1.6% | 1.9% | -197.1% | -407.0% | -333.0% | -108.7% | -142.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $81K | $679K | $1.35M | $2.18M | $4.02M | $0 | $6K | $65K | $30K | $207K |
| Short-Term Investments | $0 | $0 | $0 | $4.04M | $5.93M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $81K | $679K | $1.35M | $6.22M | $9.95M | $0 | $6K | $65K | $30K | $207K |
| Accounts Receivable | $69.99M | $73.44M | $64.48M | $81K | $66K | $140K | $136K | $237K | $45K | $247K |
| Inventory | $0 | $0 | $0 | $166K | $224K | $203K | $284K | $721K | $784K | $1.13M |
| Other Current Assets | $1.96M | $4.7M | $3.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $81.2M | $88.02M | $78.8M | $6.64M | $10.42M | $343K | $428K | $1.02M | $861K | $1.59M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $3.17M | $2.38M | $2.8M | $1.66M | $265K | $337K | $446K | $126K | $190K | $252K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $26.6M | $31.4M | $36.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $5.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.26M | $961K | $3.64M | $119K | $50K | $14K | $14K | $30K | $29K | $22K |
| Total Long-Term Assets | $32.03M | $34.73M | $47.87M | $1.78M | $316K | $352K | $460K | $156K | $219K | $274K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $113.23M | $122.75M | $126.67M | $8.41M | $10.74M | $694K | $888K | $1.18M | $1.08M | $1.87M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $5.11M | $2.03M | $800K | $622K | $871K | $862K | $898K | $452K | $215K | $168K |
| Short-Term Debt | $55.84M | $43.88M | $138.9M | $0 | $1.38M | $26K | $28K | $7K | $2.26M | $1M |
| Current Income Tax Payable | $1.16M | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $20K | $114K | $432K |
| Other Current Liabilities | $8.72M | $11.1M | $0 | $360K | $0 | $0 | $243K | $74K | $217K | $123K |
| Total Current Liabilities | $114.95M | $97.25M | $161.56M | $1.23M | $2.56M | $1.01M | $1.22M | $576K | $2.83M | $1.72M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $30.37M | $36.71M | $981K | $1.38M | $0 | $3.54M | $2.5M | $991K | $0 | $298K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $2.18M | $0 | $0 | $0 | $0 | $0 | $8K | $6K |
| Total Long-Term Liabilities | $30.37M | $37.52M | $4.46M | $2.82M | $0 | $3.54M | $2.5M | $991K | $8K | $304K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $145.32M | $134.77M | $166.02M | $4.05M | $2.56M | $4.55M | $3.72M | $1.57M | $2.83M | $2.03M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $58 | $58 | $58 | $38 | $38 |
| Common Stock | $557 | $531 | $254 | $119 | $119 | $49 | $49 | $49 | $90 | $90 |
| Retained Earnings | -$194.91M | -$135.48M | -$61.8M | -$18.51M | -$14.41M | -$10.71M | -$9.66M | -$7.19M | -$4.3M | -$2.6M |
| Comprehensive Income & Other | $0 | $0 | $0 | $22K | $0 | $0 | -$49 | -$49 | -$90 | -$90 |
| Other Stockholders' Equity | $162.82M | $123.46M | $22.45M | $22.88M | $22.6M | $6.86M | $6.84M | $6.8M | $2.55M | $2.44M |
| Total Equity | -$32.09M | -$12.02M | -$39.35M | $4.37M | $8.18M | -$3.85M | -$2.83M | -$386K | -$1.75M | -$158K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $113.23M | $122.75M | $126.67M | $8.41M | $10.74M | $694K | $888K | $1.18M | $1.08M | $1.87M |
| Supplementary Data | ||||||||||
| Total Debt | $87.67M | $82.72M | $142.62M | $2.93M | $1.38M | $3.56M | $2.52M | $997K | $2.26M | $1.3M |
| Net Debt | $87.59M | $82.04M | $141.26M | $749K | -$2.64M | $3.56M | $2.52M | $933K | $2.23M | $1.09M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | -$59.43M | -$135.48M | -$15.25M | -$4.09M | -$3.7M | -$1.05M | -$2.47M | -$2.89M | -$1.71M | -$1.43M |
| Depreciation & Amortization | $6.59M | $6.67M | $5.04M | $88K | $86K | $109K | $122K | $64K | $73K | $49K |
| Deferred Income Tax | $0 | $5.24M | -$5.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $36.14M | $45.2M | $0 | $257K | $334K | $20K | $31K | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $2.41M | -$9.92M | -$384K | -$16K | $74K | -$4K | $101K | -$192K | $202K | -$159K |
| Inventory | $0 | $0 | $0 | -$21K | -$21K | $81K | -$5K | $63K | $351K | -$781K |
| Accounts Payable | $3.08M | $1.23M | $632K | -$249K | $10K | -$36K | $446K | $237K | $114K | $0 |
| Other Working Capital | $4.72M | $24.64M | -$43K | $130K | $58K | -$170K | $11K | $124K | -$272K | $81K |
| Total Working Capital Change | $10.22M | $15.95M | $204K | -$155K | $120K | -$128K | $553K | $232K | $395K | -$859K |
| Other Non-Cash Items | $2.08M | $56.43M | $6.07M | $243K | $1.17M | $287K | $182K | $829K | -$409K | $1.13M |
| Net Cash from Operating | -$4.4M | -$5.99M | -$9.08M | -$3.66M | -$1.99M | -$758K | -$1.59M | -$1.78M | -$1.13M | -$2.15M |
| Investing Activities | ||||||||||
| Capital Expenditures | -$67K | -$73K | -$74K | -$40K | -$14K | $0 | $0 | $0 | -$11K | -$110K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$2.8M | -$4.01M | -$5.98M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $6.92M | $5.88M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$4.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$67K | -$73K | -$74K | $1.83M | -$5.99M | $0 | $0 | $0 | -$11K | -$110K |
| Financing Activities | ||||||||||
| Debt Repaid | $2.35M | $962K | -$8.83M | $6.72M | $188K | -$752K | -$1.53M | -$1.8M | -$970K | -$942K |
| Common Stock Issuance | $0 | $0 | $1.8M | $0 | $13.81M | $0 | $0 | $120K | $0 | $1.22M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $6.35M | -$1.84M | $0 | -$1.63M | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $3.87M | $5.38M | $8.79M | -$9.45M | $12M | $752K | $1.53M | $1.82M | $959K | $2.17M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$598K | -$674K | -$363K | -$1.83M | $4.02M | -$6K | -$59K | $35K | -$177K | -$94K |
| Supplementary Data | ||||||||||
| Operating Cash Flow | -$4.4M | -$5.99M | -$9.08M | -$3.66M | -$1.99M | -$758K | -$1.59M | -$1.78M | -$1.13M | -$2.15M |
| Capital Expenditure | -$67K | -$73K | -$74K | -$40K | -$14K | $0 | $0 | $0 | -$11K | -$110K |
| Free Cash Flow | -$4.46M | -$6.06M | -$9.16M | -$3.7M | -$2M | -$758K | -$1.59M | -$1.78M | -$1.14M | -$2.26M |
| Cash at Beginning | $679K | $1.35M | $1.72M | $4.02M | $0 | $6K | $65K | $30K | $207K | $301K |
| Cash at End | $81K | $679K | $1.35M | $2.18M | $4.02M | $0 | $6K | $65K | $30K | $207K |