ATLN - Atlantic Internatio... Stock Analysis | Stock Taper
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Atlantic International Corp.

ATLN

Atlantic International Corp. NASDAQ
$2.99 -5.08% (-0.16)

Market Cap $223.78 M
52w High $6.50
52w Low $1.16
P/E -1.34
Volume 95.13K
Outstanding Shares 71.04M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $110.13M $21.12M $-10.82M -9.83% $-0.2 $-7.49M
Q2-2025 $102.9M $20.1M $-10.72M -10.42% $-0.2 $-7.04M
Q1-2025 $102.81M $20.64M $-10.74M -10.45% $-0.2 $-7.76M
Q4-2024 $129.55M $19.21M $-68.65M -52.99% $-1.29 $-40.79M
Q3-2024 $107.8M $18.4M $-7.05M -6.54% $-0.16 $-5.55M

What's going well?

Sales are rising at a healthy pace, and gross profit is improving. Cost control is decent, with expenses growing slower than revenue.

What's concerning?

The company is still losing money every quarter, with no sign of turning a profit soon. Margins remain thin, and operating losses are persistent.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $83.41K $110.26M $132.32M $-22.06M
Q2-2025 $374.75K $106.76M $125.23M $-18.46M
Q1-2025 $1.47M $106.47M $120.51M $-14.04M
Q4-2024 $678.68K $122.75M $134.77M $-12.02M
Q3-2024 $1.4M $135.64M $119.41M $16.22M

What's financially strong about this company?

Receivables are large, suggesting ongoing business activity. Debt is mostly long-term, giving some breathing room on repayments.

What are the financial risks or weaknesses?

Cash is dangerously low, equity is deeply negative, and more money is tied up in receivables while payables are rising. The company is at high risk if collections slow or if lenders demand repayment.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-10.82M $-1.26M $-14.42K $978.26K $-291.34K $-1.27M
Q2-2025 $-10.72M $-9.53M $-17.99K $8.46M $-1.09M $-9.55M
Q1-2025 $-10.74M $14.57M $-12.08K $-13.77M $787.34K $14.56M
Q4-2024 $-68.65M $-426.32K $-23.08K $-269.68K $-719.08K $-449.4K
Q3-2024 $-7.05M $-1.34M $-15.07K $2.31M $958.28K $-1.36M

What's strong about this company's cash flow?

The cash burn rate dropped significantly compared to last quarter, showing some improvement in managing expenses or collecting cash. Non-cash expenses make up most of the losses, so actual cash outflow is less than the reported loss.

What are the cash flow concerns?

ATLN is still losing money and burning cash, with only $83,406 left at quarter end. The company relies on borrowing to fund operations, and without new funding, it could run out of cash very soon.

5-Year Trend Analysis

A comprehensive look at Atlantic International Corp.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Atlantic International has transformed itself from a very small operator into a sizable, diversified staffing and workforce solutions platform with a strong top‑line growth record. Its Apollo Ecosystem and conversational AI offerings provide a clear technological angle that can deepen client engagement and enable more strategic services. Acquisitions have expanded its geographic reach and sector exposure, particularly into IT and technology staffing, while capital intensity remains low and recent steps have modestly reduced debt and improved liquidity ratios.

! Risks

The same expansion that has built scale has also created significant financial strain. The company is running large and growing losses, carries a leveraged and fragile balance sheet with negative equity, and continues to post negative operating and free cash flow. Short‑term liquidity is tighter than is comfortable, leaving the business sensitive to shocks and reliant on ongoing access to financing. At the operating level, integration risk, execution risk on the technology roadmap, intense competition, and economic cyclicality in staffing all add to uncertainty about whether current strategies will translate into durable, profitable growth.

Outlook

Atlantic International appears to be in a transitional phase: it has assembled meaningful scale and a promising technology platform, but has not yet demonstrated that this combination can deliver sustainable profits or self‑funded growth. The forward path will likely hinge on stabilizing margins, bringing overhead in line with revenue, successfully integrating acquisitions, and proving that Apollo-driven services can command better economics. Until there is clear evidence of improving profitability and cash generation, the company’s profile is best characterized as high growth potential coupled with elevated financial and execution risk.